Analyst Believes Coal Sector Is About To Bottom

Natural 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.
NORTH MIAMI BEACH, Fla. - March 29, 2013 - PRLog -- Many believed natural gas was going to stay cheap.  Natural Gas has in fact doubled since April 2012 which may have been the peak of the fracking bubble according to Jeb Handwerger, Editor of Gold Stock Trades.  In a recent report, Handwerger claims, "For over two years the coal and nuclear stocks have been ignored by this fracking farce that natural gas would be the sole source of our energy future.  Now coal and nuclear may once again be seen as a competitive alternative."

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...
Source:Mining Development Corp.
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Tags:Coal, Natural Gas, Nuclear, Uranium, Oil
Location:North Miami Beach - Florida - United States
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