re: still falling ??
I think you will find that demand for coaking coal will continue to increase. This all goes well for companies like CEY, EXL, MCC etc. I've been in for 18 months now and continue to believe that the demand for this resource from China, India etc will continue to keep prices up for the forseeable future meaning good profits and leading to increased dividends for many of the small minors in this sector. Thus with good profits and increased dividend's the shares can only continue to march north. Don't take too much notice of the odd setback. Minning companies always seem to have hicupps when it comes to digging holes in the ground. With todays huge emphasis on directors and the penalties for non disclosure of and hiccup companies encounter you will find that directors are being extra cautious and announcing things that in the past you would probably have never heard about. Good luck to all who remain positive about this sector.
My opinnion only! based on what I've read around the traps. You should all rely on your own research.
CEY Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
