Thursday morning started with rampant rumors that Warren Buffett will invest in coal by orchestrating a Berkshire Hathaway buyout of an big coal miner. Friday the rumors picked up steam. It is no secret that coal is dirty and that generating electricity from coal causes pollution. It is also no secret that natural gas is
Image by Getty Images via @daylife Thermal coal prices at the port have fallen by 1.3% according to the global COAL NEWC Index, to US$95.05/st in the week ended July 23. This is one of the largest weekly drops we have seen. US coal and steel stocks have stayed levitated
EPA has just halted 100’s of coal mining projects. It is likely that PCX will be adversely affected. Consider exiting the position at $4.78. www.thearorareport.com THE ARORA REPORT, Ltd. HOME OF THE UNIQUE ZYX CHANGE METHOD DEDICATED SOLELY TO PROFIT FROM CHANGE BY TRADING AND INVESTING VERIFIABLE PERFORMANCE RECORD Every
Fourth Circuit Court of Appeals wholly overturned the March 23, 2007 West Virginia Federal Court decision on Mountain top mining today. We believe that this will act as a near term catalyst for PCX. In view of high short interest and depressed price, consider scaling in PCX right here at