FallingKLike your chart work. I just noticed on the Bloomberg...

FallingK

Like your chart work.
I just noticed on the Bloomberg ticker, that Xstrata is talking to a Mac coal shareholder. They now have steel mills, Talbot,Peabody, Newhope and now Xstrata all fighting for this thing. The fin review also suggested that BHP might even take a tilt on the basis that it can increase its global PCI market share up to 30% with a take over bid. How long before the market works out the RIV is the true Gorilla in the room? Its resource is far larger than anything Mac coal dreams about and we already have 2 steel mills on the register. Sound familiar????????????????
I think we are seeing the start of the 'coal wars' as China and India race for these resources. Don't forget Brazil folks. RIV is going a lot higher this year imo and please dyor folks.