thoughts on 2011...., page-6

Hi MacD, happy new year to you and all.

I am still up to my neck in this stock but I'm not selling - and like the others I think it will get taken over for sure, I'd agree with profess on 12-18 months time span. To my understanding Middlemas always sells in the end but because of the tight shareholding anyone who wants it is going to have to pay up - especially if thermal coal prices improve this year. I'd say Middlemas & Co will want closer to $5 a share but if it was $3 I wouldn't complain. Xsrata, Peabody etc - this is the perfect project for them. All other things being equal.