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Follow on Google News | Analyst Believes Coal Sector Is About To BottomNatural Gas is breaking through the psychological $4 barrier. This could boost alternatives such as coal and nuclear which have been ignored by the market due to the common misconception that natural gas prices would stay cheap.
By: Mining Development Corp. Jeb believes, coal is about to regain its status by the investment community as the world’s king of energy. "Coal has been used for hundreds of years and was traded as a commodity as far back as the Roman Empire. It will be used in this generation and long after." Handwerger believes the coal sector is trading at a significant discount and investors should look for cheap coal miners with improving fundamentals. Handwerger explained, "If the fundamentals have been improving then the Company should have the higher quality coals." Read the recent report on coal versus natural gas on Gold Stock Trades by clicking here... http://goldstocktrades.com/ End
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