Colonial Coal (TSX.V: CAD)
A new research note written by New York and London based Hallgarten Investment Research is positive for Colonial Coal.
What is amusing is the price target given when the report was written a week ago has already been surpassed! A 50% increase in share price in a week means the report may need to be updated […] Continue reading
Colonial Coal (TSX.V: CAD)
The share price of Colonial Coal is soaring on the sky high price of steelmaking (coking) coal, and speculation the company may receive M & A activity in the near future.
Every $1 rise per tonne in the price of coking coal just makes the undervaluation of Colonial Coal at the resource level look ever more ridiculous. Continue reading
Colonial Coal (TSX.V: CAD)
The share price of Colonial Coal has risen sharply over the last month as there seems to be feeling in some quarters that the company might finally be on the radar of potential bidders, looking to secure a supply of coking coal for the future.
It has long been thought that Colonial could receive bids from either Chinese or Indian companies, but Japan and Korea are also potential sources, as well as the USA of course. Continue reading
Mining Review Sunday Update 19th September
The story of the week again, sadly, was the falling gold price, into the mid 1700’s, due to better than expected US retail figures, and a strengthening US dollar.
Iron ore is another casualty, but for a different reason. Coking coal is roofing it as supply is tight, bring companies like Colonial Coal into investor focus. Continue reading
