Everyone relax about BND, yes it is being smashed, who isn't. Thermal coal prices are low atm and demand has weakened, hence the massive correction and weakness of the of the SP. But financially this company is in grt shape and the prospects are very good. Medium to long term this is a grt stock with so much value in it. It is building ups it pipeline with grt projects. Coal prices will pick up, the dust will settle and true value will come through. I have this SP at a conservative $1,50- $2,10 range.
BND Price at posting:
43.0¢ Sentiment: LT Buy Disclosure: Held
