We'll see how true this is shortly. Its shown as a buy in shares magasine. I would have posted this yesterday but for some reason my online magasine was blurred!! I've had to type it in, so don't yell for typos.
The fight for junior Australian coal producer Caledon Resources (CDN:AIM) is understood to be nearing conclusion as two indian companies go head-to-head, market sources suggest. Energy-to-steel conglomerate Essar is the favourite. The final hurdle is seen to be winning over Xstrata (XTA) which has marketing rights to Caledons coal. - Buy at 54.75p.
CCD Price at posting:
96.5¢ Sentiment: LT Buy Disclosure: Held
