Newcastle Coal Futures hit a new all-time high today of $143.40 per tonne!
The higher coal prices rise, the more likely it becomes that the Donkin Coal Mine in Canada will reenter production. It is the only major coal mine that can quickly be brought back into production to increase coal exports to Asia.
Morien Resources (TSXV: MOX) owns a high value gross production royalty in the Donkin Coal Mine yet its current enterprise value at $0.185 per share is only CAD$6.4 million! MOX has the best risk/reward ratio out of any stock we follow in the entire market.
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. This message is meant for informational and educational purposes only and does not provide investment advice.
Preparing Americans for Hyperinflation
