A Perfect Storm Brewing for Puda Coal [View article]
I love to play Puda 2 weeks before earnings and promptly sell right after. Now that they had a letter of intent to consolidate 6 mines I sold my whole position last 10 days. Not a fan for 6 mines. I think they will get it and I do not want to be a mine owner. I only want to be a coke washer.
Shanxi has a great future but I'd rather partner with Agrium via Hanfeng than hold Puda and lose sleep over mining accidents, delays, and dillution.
I liked buying this year @ .17 and would again...if a mine is not acquired.
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I love to play Puda 2 weeks before earnings and promptly sell right after.
Apr 20 21:18 pm
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All Comments by Earning REady »A Perfect Storm Brewing for Puda Coal [View article]
Now that they had a letter of intent to consolidate 6 mines I sold my whole position last 10 days.
Not a fan for 6 mines. I think they will get it and I do not want to be a mine owner. I only want to be a coke washer.
Shanxi has a great future but I'd rather partner with Agrium via Hanfeng than hold Puda and lose sleep over mining accidents, delays, and dillution.
I liked buying this year @ .17 and would again...if a mine is not acquired.