true green to me is somethng like hotrocks eg PTR or solar. But CNX provides the establshed industry with a stepping stone from what exists (and what has been invested in) to something which is more acceptabe (to the traditional co's)for the future. Why are the hot rcks, wave energy co's, solar power co's to a large extent not embraced by the BHP's, Shell, Mitsubishi etc ? Simple really, its because hey provide a threat to their current market and infrastrcuture investment. However, CSG and now USG provide a much better and compatible investment option for these really really big players. It is going to be interesting to see where this goes over time.
I am not in love with CNX by the way and I will brutally sell all fo my stock when I think the time is right. With the expectation of getting in again when I think she has bottmed. At themoment the momentum up wards is very strong.
CNX Price at posting:
58.6¢ Sentiment: None Disclosure: Held
