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The Company's primary goal is to explore for Coal in North America, currently the focus is in Kentucky, Saskatchewan and West Virginia.
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Message: Coal Will Remain the World's Main Source of Power Until 2030 New IEA Study Conf

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Re: Coal Will Remain the World's Main Source of Power Until 2030 New IEA Study Conf

posted on Nov 21, 08 04:47AM

Its very odd that coal is taking a hit. Even though the market conditions are grim china still depends heavily on coal for its power and heating needs and they are facing a colder than usual winter. Very odd indeed. If you take a birds eye view of things, a lot of forced liquidation is plaguing the market now with banks and hedge funds being forced into liquidity. When that ends the market bottoms.

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