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Natural Gas Bear Market Will End But Not All Players Will Survive
Wednesday, May 16, 2012 - 2:25pmBy: Roger Conrad, Investing Daily North American natural gas currently sells for half its five-year average price on the near-term New York Mercantile Exchange futures contract. And that’s after a rally the past two weeks from a low point of just USD1.90 per million British thermal units...
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Mining on a Major Scale
Friday, March 9, 2012 - 10:45amBy: Roger Conrad, Investing Daily In the fourth quarter, Freeport McMoRan Copper & Gold (NYSE: FCX) spent $1.57 to produce each pound of copper. That was nearly triple its costs from the year-ago period, and more than 50 percent above the average for the year. Management also...
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The Dumb Way To (Ab)use Coal
Friday, January 27, 2012 - 1:07pmWhen you're being stupid, there is only more and less stupid -- that is, it's a matter of degree. AKRON, Ohio - FirstEnergy will close six older coal-fired power plants in Ohio, Pennsylvania and Maryland by September 1 due to environmental regulations. Bay Shore Plant, Units 2-4, in Oregon, Ohio...
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Extreme Divergence Between Coal Rocks and Stocks Unwarranted
Monday, October 3, 2011 - 1:00amThe Dow Jones Industrial Average experienced its worst quarter since the beginning of 2009. The S&P 500 Index fell 14 percent during the third quarter, with the materials sector as the worst performer, falling 25 percent. Many base metal commodities saw double digit declines, but not...
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Three Winning Coal Names For $120 Oil (WLT, BTU, JRCC)
Tuesday, May 10, 2011 - 2:43pmCoal names will no doubt attract more investors as the dollar weakens and the price of oil surges. Below are the three best value coal plays by earnings. Walter Energy - Walter Energy (NYSE: WLT) is by far the best value play in coal, with an EPS of $8 per share. Walter moved up in lock step with...
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Mining Stocks; Lucky Strike Terminates Changyun Project, Clarifies Changyun and Nkak Coal Project Disclosures
Monday, May 9, 2011 - 11:55amVANCOUVER, BRITISH COLUMBIA, CANADA - May 9, 2011 (Investorideas.com Newswire) - Lucky Strike Resources Ltd. (TSX-V:LKY) (the "Company" or "Lucky Strike"), advises that it has terminated the Letter of Intent to acquire an interest in the Changyun project as a result of the Company's inability to...
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Coal Stocks News; Lucky Strike Resources; REVISE ON FINANCING AND ACQUISITIONS
Tuesday, February 1, 2011 - 12:15pmVancouver, British Columbia, Canada - February 1, 2011 (Investorideas.com Newswire)- Lucky Strike Resources Ltd. (TSX.V: LKY), (the "Company") wishes to provide an update on its private placement announced on December 7, 2010 and on its proposed acquisition of the Changyun Coal mine as announced on...
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Coal Stocks; Lucky Strike (TSX.V-LKY) Declares New Director Kevin Ernst
Thursday, January 20, 2011 - 2:16pmVANCOUVER, BRITISH COLUMBIA, CANADA - January 20, 2011 (InvestorIdeas.com Newswire) - Lucky Strike Resources Ltd. (TSX.V-LKY), is pleased to announce that Mr. Kevin Ernst has joined its Board of Directors. Mr. Ernst is the former Managing Director of Global Sale for the American Stock Exchange. He...
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Coal and Mining Stocks; Lucky Strike (TSX.V-LKY) Declares Vice President Of Project Development
Thursday, January 13, 2011 - 11:00amVANCOUVER, BRITISH COLUMBIA, CANADA - January 13, 2011 (InvestorIdeas.com Newswire) - Lucky Strike Resources Ltd. (TSX.V-LKY), is pleased to announce the appointment of Xin Ping Qin as the Vice President of Project Development of the Company. Mr. Qin with more than 20 years of underground coal...
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Coal Stocks; Lucky Strike (TSX.V-LKY) Grants Stock Options
Wednesday, January 5, 2011 - 2:04pmVancouver, BC - January 5, 2011 (www.Investorideas.com Newswire) - Lucky Strike Resources Ltd. (TSX.V-LKY) (the Company) is pleased to announce, subject to regulatory approval, the award of 1,395,000 incentive stock options to directors, officers and consultants of the Company. The stock options...
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