I agreed with someone pointed out that 'hole abandoned' has created some worries . I read annoucement twice to make sure there is nothing to worry about.
for whole market, fear is causing havoc,. but if we check the basic figures, we will come to a positive conclution.
Japan is moving away from nuclear power, China is reexamine its nuclear safety. these mean higher demand for our coal.
China's imports increased 30%, US exports increased, and soon you will get the same news from europe. the trade inbalance is being addressed. this is a very positive development. in time like, investors are in a panic, the only way to move forward is that governments to issue more bonds and invest .that is what europeans are doing . the nuts who resigned should be sacked long ago. his idea is to do nothing, wait for everything to die.
I am following Mr Buffet, i will stay with the thick and reasonable coal.
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