RIV 0.00% $16.20 riversdale mining limited

just broke 8 and 5 yr chart says 10.., page-11

  1. 5,609 Posts.
    we wish him all the best to get his stock back at $7. you never know, but that might be a tad wishful thinking. The coal stocks sold off a little as profit taking came in after a very solid run. That was across a lot of stocks today. The fundamentals are as strong as ever, so any pull back should get chewed out. Today was a good example imo as it quickly found a level. Remember we still have CSN lurking in the back ground and very likely to increase their holding. The market will like that. There are so many things this company could do short term, its not a sell for me. We have more coal on 1 lease than a lot of these other listed multi billion dollar coal companies have with another 17 leases on top. Trading off the chart with this is a little risky as the wild card is anything can happen. please dyor and good luck.
 
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