re: a brief look at sas coal-mining industry

Hi there Pitman we all know that the Waterberg coalfield is a major coalfield. Now we also know that it will take atleast 2-5 years.

Can we all wait that long? it all depends if you are a long term holder or a day trader, now if you are a day trader its no good as there isn't enough good news for it for the sp to go up.

Now I think that long term say 5+ years you will be as happy as pigs in mud. I hope that both FSE and RES will be a good size company, and that we will be both exporting coal overseas as well as in sa to one of the power stations.

Which one will be bigger and better then the other one? I don't know that one but I hope its RES as I am a holder with them. I do like the story so far of both companies and it will take time for both of them to grow.

Good luck to all that hold both FSE and RES and I hope that in time we all will be a lot richer.

Regards Rodney