huntley still has a buy......, page-9

re: huntley still has a buy......roidz To true we are in a new century but for years now those in this industry have been waiting for China to enter this age. You forget China has more coal reserves than we ever had they produce over 2 billion tons a year and still manage to export 80 million tons. They have recently taken over Gympie golds coal assets near Newcastle and guess what none of the coal is being back shipped to China it's going to Japan ,Korea, and Brazil. Once China has the relevant infrastructure in place to allow larger scale production and shipping they will be the #1 exporter of seabourne coal and my friend you will not be able to deny it. India is rising but remember South Africa and China are a hell of a lot closer than Australia to ship coal from.