daytrading sept 26 morning, page-65

I did see in the TVN forum pages, posted by Blunt81

Bad news for all mongo specs i think


http://www.bloomberg.com/news/2011-09-25/mongolia-wants-to-raise-stake-in-oyu-tolgoi-to-50-minister-zorigt-says.html


Even though I have a softspot for Mongolian coalies since next door to russia/china for exporting..

Right now even though this news is there, watch CEO/TVN.. Coal will always be needed.. For every new City china is building, 2 coal power plants are also built.... do your paper math, thats alot of coal needed.

CEO currently 5.8C - As seen on friday it hit 5.4c and quickly boomed back up to 6c+ so i guess we can assume that the safe level for it is about 5.4c'ish so anything around there might be a safe buy. ( I dont personally own any CEO, but have had it in the past from 3.4c to 16c, So i do know alittle about it)

As for TVN- its another Mongolian stockie, keeps on giving ANN's about progress but haven't looked into it much, but Coal is Coal. Think they have found some thermal coal no? could be wrong.

Good luck..

And PS.... TNG also has results pending this week, not currently a day trading stock per'say, but add it to your watchlist, when the copper results come thu, may rocket quick :)