Coal stocks have been hit hard in this recession, given slumping electricity demand in the U.S. and the sharp drop-off of steel demand. For shareholders of Patriot Coal Corp (PCX: NYSE), the pain has been particularly acute. The stock lost 96 per cent of its value since last June's record highs. This year alone, Patriot's stock is down 41 per cent versus a 1 per cent decline by the Dow Jones U.S. Coal Index.
Continue reading "Coal Stocks Swing"
Monday, November 17, 2008
Cash Minerals Ltd. posted results from a recently completed NI 43-101 pre-feasibility study on the Division Mountain coal property, located in the Yukon Territory. For full story, click here
Continue reading "Cash Minerals: Positive Coal Pre-Feasibility Study"
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Monday, March 2, 2009