Member Info for Andydiff

and I've thrown away the key. So 'll either make a tidy sum or it will whittle away over the next year or so. Guess I'll have to wait and see.....selling any at the current rate would be plain stupid.

http://www.mining.com/china-coal-73395/ Bloomberg reports coal prices may advance 10% in the fourth quarter and according to Shi Yan, a Shanghai-based analyst the recovery could gain momentum: "Coal prices have started to show a recovery since the moment the government decided to step in. The recovery may accelerate going forward.” The first signs are already evident on Chinese markets with the Bohai-Rim coal index, a Chinese benchmark, rising nearly 1% to 482 yuan ($79) a tonne early, snapping an almost three-month losing streak according to Bloomberg.

we'll all just have to wait and see. It could surprise us all. or go down the tubes...I'm going to hang on in there and give it as long as takes. I've written the money off now. In a year or so's time I could be sitting on a pretty penny and we could be saying 'this went down to 2p once!' Either way I wont be selling anything below 3.2p which would put me in profit

I hope so bud.

Pi's only post their views on here if they have a vested interest. Be it that they are an investor, shorter or paid to post. Otherwise why would they troll around the boards offering worldly advice when they really don't know diddly. TRV was calling the doom and gloom at POG and I was tempted to sell at 33p a few weeks back. I held on, ignored his baloney and sold when it 38p taking a tidy little profit. He was probably shorting there too and he wasn't the only one.

I think he's shorting bud. He protests too much. Im 100% with you. I too watched cpp bounce and with all the doom and gloom it was quite a shock when it happened. This will just go ping! one day and could easily double in a heartbeat.

http://online.wsj.com/articles/coal-miners-see-signs-of-recovery-as-prices-stabilize-1409517243

www.theaustralian.com.au/business/miners-cheered-by-bullish-outlook-for-coking-coal-prices/story-e6frg8zx-1227055814372?nk=9d45cc706fe2fea5a1765689c211c363 http://www.newworldresources.eu/en/products/coking-coal

Sold out of pog but my average was 33p so I didn't do too bad. Gold is currently being hammered so glad i'm out for now. I have only taken a small punt here at 3p which may or may not come good. It could easily hit 6p or higher to be fair..based upon an rns out of the blue which wouldn't surprise me. You seem to take the view that this is all washed up, which is fair enough if that's how you see it, but I've seen enough shares like this to know that the current sp is more than worth the gamble. If she drops below 2.5p i'll grab another 100k and sit tight. I don't think it's going bust anytime soon but it seems priced to do that at the mo. I'm in Afren and GKP with a lot more wedge as Obama is protecting the oil in Kurdy and the stocks there are hideously undervalued due to politics which seems to be improving with time.

http://www.4-traders.com/NEW-WORLD-RESOURCES-PLC-4008412/news/New-World-Resources--Summary-of-CTK-Business-News-in-English-September-10-2100-19031368/ Prague/New York The approval of capital restructuring of coal miner New World Resources (NWR) by a court in New York on Tuesday is another important step towards the completion of the restructuring, NWR's external relations head Petr Jonak has told CTK.

Knowing your posting history, thats me in for a few.

This share will reward you. IMHO

Over 206,600 acres of uranium mineral holdings in New Mexico NRC licensed to produce up to 3 million pounds of uranium per year An additional 664,000 pounds of in-place reserves in Texas ready to produce Two plants on standby licensed to produce 3 million pounds of uranium

I too hope this drops as I am building a position here and the cheaper I can fill my boots the better.

http://www.bloomberg.com/news/2014-02-21/japan-nuclear-restart-portends-uranium-deals-real-m-a.html

I think holding these long term is really going to pay off. I'll be loading up when i can buying the dips. Uranium stocks are going up on sentiment at the moment but when Japan switches back on, we will have a nuclear expolosiomn of our own. That's not even mentioning China. The world seems to be waking up to the fact that nuclear power is the way forward. Wind power just ain't cutting it.

cautioussid is right, just hold on and you will be happy that you did. In a year's time, remember this post. .

I picked up 50k for just over 3 grand just before close. I couldn't resist that theses prices. fingers crossed

Absolutely, I'll keep these for many years as Uranium has dropped even more than gold. I also have some URU but this looks a better bet although you never know. We will look back at this and see how lucky we were to have this opportunity imho.

Agreed