Alpha Natural Resources' Solid Results Just the Beginning of a Coal Boom [View article]
tricky, although it all sounds very promising, i am a bid worried on 3 things.
1. coal prices, i am not that optimistic and can't share your mind that coal prices will rise with energy prices. coal is a quite dirty energy and the pollution in china is huge because of that. i know it is not heating coal what they produce but still.
2 high energy price. since the need diesel, i am a bid affraid that exsactly diesel wil have a boom in the states since a lot of people will change to diesel simply because cars need less diesel
3 labour costs are exploding, will have pressure on the margins
the stock looks quite exepensive but they made some good deals, agree
Alpha Natural Resources' Solid Results Just the Beginning of a Coal Boom [View article]
1. coal prices, i am not that optimistic and can't share your mind that coal prices will rise with energy prices. coal is a quite dirty energy and the pollution in china is huge because of that. i know it is not heating coal what they produce but still.
2 high energy price. since the need diesel, i am a bid affraid that exsactly diesel wil have a boom in the states since a lot of people will change to diesel simply because cars need less diesel
3 labour costs are exploding, will have pressure on the margins
the stock looks quite exepensive but they made some good deals, agree