Havent looked at this stock for a while, but enjoyed the reading
Mongolia Energy awards $232 mln contract to Leighton (Jun 4, 2010) http://en.sxcoal.com/NewsDetail.aspx?cateID=166&id=31222
Mongolia seeks investors in $10 bln mine building (Friday, June 18, 2010) http://en.sxcoal.com/NewsDetail.aspx?cateID=166&id=33123
Mongolia approves rail policy for developing coal deposits (Saturday, June 26, 2010) http://en.sxcoal.com/NewsDetail.aspx?cateID=166&id=33808 - "Mongolian lawmakers have approved plans for a rail line linking with Russia to help tap large coal deposits in the south, the latest move in the long-delayed project that could make the poor but mineral-rich nation less dependent on exporting to China." "The deposits are located only about 200 kilometers (124 miles) from the Chinese border but Transportation Minister Battulga Khaltmaa said Mongolia would rather sell processed coal to Japan and South Korea." .... interesting
China May coal imports rise 17 pct (Jun 22, 2010) http://en.sxcoal.com/NewsDetail.aspx?cateID=168&id=33673
HUN Price at posting:
86.5¢ Sentiment: None Disclosure: Held