hi onyx, caliente & co. my apologies for the delayed response as i've been away on family duties. Onyx, my knowledge of commodities is very rudumentary. I'd say caliente is alot more knowledgeable a source to answer this question as he has done excellently. What i'm looking at is the "Baltic Dry Index" which I believe is a good guide as to how commodities are faring & terms of the rate of shipments of raw materials throughout the world. Which have dropped significantly. Also thermal coal should not be governed by the same rules as metalurgical coal is I believe. But having said this, I am waiting for a reverse in trend of the Baltic Dry Index to be one of the signs that commodities have hit a bottom. Then I will look at the price at which CEY is trading & buy up as much as I can of it. Until then I have my cash sitting in a high interest bearing account waiting for that day/week really.
