re: sabotage at newstan - roidz Roidz,l would expect that with...

re: sabotage at newstan - roidz Roidz,
l would expect that with Anvil hill CEY will be able to decrease or close less profitable mines - would that be your expectation ?
l am not sure about there being hype with coal, if you look at the industrialization of Japan + Korea for example the energy demand rose dramatically in the early decades to a platueau and that is where China is today.
This morning was announcement of yet another mine disaster in China, hundreds killed, and the comment that many mines are illegally operating in China - dont know what the authorities will do about it, or just turn a blind eye.
Thanks for all the news on CEY. l continue to be a long term holder for the annuity style income, but l did not buy this stock for big capital gains, so l am quite happy to have bought in initially before the powercoal purchase and average up. Seems to me that it will trade in a range now for a while.