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Black Gold producer soon to have name change....

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barry_1
Super Contributor
...see...miningweekly.co.za.. for coal in general report..After years of surplas,with China major importer,expected that supplies will remain under pressure till year 2015.
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barry_1
Super Contributor
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SKALA
Super Contributor
Hi Barry. Thanks for the meaningful inputs you regularly make. Who would you say will be a good goal play to hold other than BIL; EXX, SNU (old SCN)?
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barry_1
Super Contributor
Hi Skala,Definitely from a coal point of veiw.In the old days i held GFI Coal,RandCoal and AMCoal permanently and they paid the largest dividends u could imagine.When the mining houses as they were then known began to see the great profits they swallowed then and gave us their shares in leiu of those we held and our income went down the drain!So therefore i'de rather go for individual shares such as Schamin etc than the mining houses.Only my opinion.
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