FDG was a great play and I believe it is still a good place for your money in this environment. But, its multiple is lofty and perhaps safe with rising income. WTN [wxjxf on the pink sheets]on the other hand is much smaller, and with an apparent P/E in the range of 1, it seems like a good place for new money. Given the market for Met Coal and the features of their mines and contracts their price growth could explode much beyond the potential of FDG in the coming 12 months; maybe even a takeover candidate?
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FDG was a great play and I believe it is still a good place for your money in this environment. But, its multiple is lofty and perhaps safe with rising income. WTN [wxjxf on the pink sheets]on the other hand is much smaller, and with an apparent P/E in the range of 1, it seems like a good place for new money. Given the market for Met Coal and the features of their mines and contracts their price growth could explode much beyond the potential of FDG in the coming 12 months; maybe even a takeover candidate?
May 22 11:07 am
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All Comments by retired climber »Coal is Just Amazing [View article]