To understand what is at stake here at Prairie Mining. Many do not really understand the difference yet: "Normal" coal as an energy supplier will probably "die out" over the next decades, but coking coal is a completely different matter. And here comes the huge difference:
—-> Prairie Mining has coking coal or semi-soft coking coal in the areas of Poland. This coal is not used in my understanding for the energy production. But for the production of steel. Without steel there is no bridge, no house, no car and so on and so on...
I hope I could tell the difference so that the story of Prairie is not misunderstood. Everything just my personal opinion. No buy or sell recommendation.
PDZ Price at posting:
52.5¢ Sentiment: Buy Disclosure: Held