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  • Coal is Just Amazing [View article]
    WTN's shares were so depressed because it's been losing money the past couple of years and had some serious financial woes. The outanding shares mentioned earlier are very deceiving because there are actually close to 220 million shares outstanding when fully dilluted. That makes the projected EPS closer to 2.5-3.

    Even with that said, I think it's clear that the coal stocks with the most "multi-bag" potential are by far and away WTN and GCE (Grande Cache Coal). They are the only PRODUCING met coal pure plays that US investors can easily access. GCE has less production (approx. 2 mil tons) and a little less growth potential than WTN, but they are low cost producers and have far fewer shares outstanding (less than 100 mil) fully dilluted. I'd personally own them both!
    May 22 15:35 pm |Rating: 0 0
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