Coal stocks through the roof today on huge profit and production increases. Tickers to watch remain BTU, ACI, and CNX. ACI up 12% today alone, 25%+(+$25/share) in two weeks. CNX up 31%(+$20/share) in the past month, and BTU up 42% (+$18/share) in the past month.
If anyone has some good Uranium plays, I am all ears, Cameco being the obvious on in SK - I want to hear about some others. I expect Uranium to be a longer term play with coal to be the better short-mid term play.
Cheers
m
I bet ther'll be a lot switch to wood and burn their houses down too.
I hope not Uranium. There is a uranium deposite a little ways north of where we live and they say that once uranium is distrurbed, it 'leaches' into surrounding area. Including the stream that flows to the lake that we pulkl our water out of. Personally, I live my water to NOT glow.
It started a couple year's ago. These guys are the biggest in Canada.elk valley coal corporation
My buddy got the right's to mine just south of me and the Yank's cant wait to get in there and start underground mining. They got lot's of coin. Nice to just sit back and collect royalties. You'll probably hear about it in a few months,clean coal technology all the way.
Uranium's already moving.
Things are getting a bit silly in commodities IMHO.
A lot of these are the hands of hedge funds now.
Grain Stove maybe the cheapest way to go