Once a finish through $8 we will quickly run to $9 and onwards :...We know all the fundamentals are there and charging onwards and the largest resistance is at round numbers like $6,$7,$8 but once through these resistance points these same points act as strong support points...helping to push the price forward.
It may interest my readers to know that Rolls Royce has stopped producing Modular Atomic Reactors that can be assembled within months instead of years ..seems the love of uranium is extremely exaggerated and the world will continued to be powered by Coal,Oil and Gas for years to come as the average time to build a conventional reactor is 8 to 10 years. and from my reading seems Fund Managers are all huddled in a corner saying WE HATE COAL..while in reality as usual they refuse to acknowledge the facts ...that the demand for Met coal for india's Industrial Revolution alone will play an Enormous Part in driving Met coal prices...India has just started its huge growth..... and the continued demand from Japan ,China and the rest of Asia still creates a huge demand for Met coal and energy coal....Onwards and Upwards .
All the best to All
Once a finish through $8 we will quickly run to $9 and onwards...
Add to My Watchlist
What is My Watchlist?