i think this will take a little hit like most other stocks and might touch the $3 mark.
I think at the moment there isn't enough pressure from management to aquire and devlop leases themselves. Check churchill mining (uk) just found 1.4Bt (central kalimantan indonesia) of coal perfect for whites coal technology. Indonesia has incredible amounts of coal perfect for treatment (especially south sumatra and kalimantan) why doesn't white go and acquire some ground and do everything themselves!
I just dont understand.. it would be such a forward step for the company and could see them become a major industry player. India is crying out for coal and indonesia is being bought up.. WEC needs to step in quickly IMO.
Only once white becomes more proactive will i buy into them.
opinions??
Cheers Tully
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