Serpeant, Res' fall from grace is no worse than most of its peers. And yes, you have a right to vent. The current price is appalling. Insulting even.
Fancy, as always I love your enthusiasm but coal prices aren't bouncing back any time soon. So your price tagets are a bit optimistic for the times.It's going to be a long and slow grind back from here. I've adjusted my time horizon from @1 year to @3 (which is a big deal for me given how hugely underwater I am with this one). Eventually risk appetite and growth will return but it's going to need some serious patience.
Has anyone spoken to PJ/SM lately?
RES Price at posting:
24.5¢ Sentiment: Buy Disclosure: Held
