| DON'T BUY | 7.600 | Benj Gallander | Coal has taken a huge hit in the last few days. Even though it has come off it is of no interest to him. Would have to come off a long way. | 2008-07-04 | |
| Comment | 7.500 | Bill Carrigan | (Market Call Minute.) Doesn't like spikes. If it rallied a bit, he would get out. Don't let it violate its June low. | 2008-07-03 | |
| DON'T BUY | 10.800 | David Cockfield | Company is up for sale and expects it will get taken out. Very volatile situation. If you own, you could hang around and hope to get a better price. | 2008-06-20 | |
| BUY | 6.900 | Jean-Francois Tardif | (Market Call Minute.) Very cheap coal stock. | 2008-05-27 | |
| DON'T BUY | 0.690 | Michael Smedley | Part of the very expensive Canadian coal sector. Had a big drop and has been temporarily rescued by a debenture issued and taken up by a UK fund. Kind of dilutive and a desperate rescue plan. | 2007-11-27 | |
| DON'T BUY | 1.810 | Robert Floyd | Has been bearish on coal for a little while. A little bit too much steel in the system. | 2006-11-13 | |
| BUY | 3.400 | Michael Sprung | The coal market has been extremely good. The demand is very strong and they can produce it fast enough. Expects this to continue. | 2006-02-02 | |
| BUY | 3.590 | Peter Brieger | Likes coal as a commodity, particularly the steam coal. A lot of the western coal companies have had problems, particularly in B.C. If you have a three-year outlook, this should be fine. | 2005-12-28 | |
| WEAK BUY | 3.690 | Jean-Francois Tardif | Prefers Pine Valley (PVM-T) but this would be his second choice. Extremely knowledgeable management. They're in production and in the process of expanding. If you are buying a basket of junior coal producers this could be included. | 2005-12-23 | |
| WEAK BUY | 3.350 | Peter Hodson | Feels the fundamental situation in the coal industry is fine. Had production and rail transportation problems. These stocks are starting to get much more attractive now. If you want exposure to coal, he would prefer Arch Coal (ACI-N) which is much safer. | 2005-11-17 | |
| DON'T BUY | 3.660 | Michael Smedley | This, along with other western Canadian coal producers, tend to be small and great quality. Turning on now because of the great runup in the price in the metalurgical area. Worried that matalurgical will not be maintained at high levels. There is a distance and a cost in transporting to the coast. | 2005-11-10 | |
| DON'T BUY | 3.750 | David Chapman | Coal has been rising in price for quite some time. Has been in an A and B wave and could be in a C wave. Can't see any support. | 2005-11-09 | |
| BUY | 4.800 | Gavin Graham | A coal play in western Canada. Price of coal has gone up considerably. | 2005-09-06 | |
| BUY | 4.580 | Peter Hodson | Over the next couple of years will be pretty good for this company. With the new price/valuation and a continuing supply/demand fundamentals being positive in the coal industry they've got a great asset. | 2005-07-26 | |
| BUY | 4.250 | Michael Smedley | The coals have been enigmatic. Burgeoning new producers in the northwest as a result of metalurgical content quality and the global demand. Coals, including this one have started on the move again in the last few days. Have a chance of rising 50%. | 2005-07-20 | |
| DON'T BUY | 3.700 | Jean-Francois Tardif | Mine is under construction to increase production. Metalurgical coal prices are set in April each year (2005 is 2 x as high as last year's!) and at today's prices, the company will generate a lot of earnings. He is negative on the world economy in the short term and if right, this stock could not stay where it is. | 2005-07-18 | |
| VAGUE | 3.770 | David Chapman | May have broken its downtrend, but important that it had good volume at the same time. If the volume was good, then it's probably at a low. | 2005-07-04 | |
| DON'T BUY | 4.120 | Fred Sturm | Have been very interested in the coal sector, but not this stock. | 2005-06-22 | |
| WEAK BUY | 3.380 | Bruce Campbell | All stocks with coal have all come off. Got ahead of themselves leading up to year end and have fallen 25/30%. Coal stocks need a catalyst in most cases, so look for an announcement on a new contract, new mine, etc. to help get investor enthusiasm back here. | 2005-05-16 | |
| DON'T BUY | 4.540 | Chris Fernyc | Metalurgical coal is very cyclical in nature. A cautionary note on the junior coal companies in Canada:These are mines that are not cost competitive in a commodized industry. If coal prices roll back to $60, these companies won't make any money and will get mothballed again. Extremely high risk. | 2005-04-14 | |
| BUY | 6.200 | Peter Hodson | All the coal stocks have been running very hard. Coal prices are setting higher floors which is the key. Great asset base. Ultimately someone might buy them. | 2005-02-07 | |
| DON'T BUY | 6.260 | David Taylor, MBA, CFA | Doesn't know much about this company, but feels there is a mini euphoria going on right now with metalurgical coal. If you've made money, it might be an opportunity to pull some of it back. | 2005-02-02 | |
| VAGUE | 6.100 | Peter Brieger | Looking at it and doing some work on it. An interesting company. Have started to ship "pulverized coal" to a company in Korea. A cheaper coal than metalurgical coal and is becoming more popular. There's a financing under way to allow them to bring 2 other properties into production, but you won't see earnings from these until 2007. | 2005-01-27 | |
| PAST TOP PICK | 6.180 | Michael Smedley | (A Top Pick Nov 25/04. Up 10.6%.) Still likes the metalurgical coal sector. | 2005-01-19 | |
| BUY | 5.810 | Robert Lyon | Has a couple of mines coming on stream over the next few years. Just signed a big contract with a Chinese steel company. The stock can go a fair bit higher. Cash flow earnings in the next couple of years will probably be $1.30/1.40. Could become a royalty trust and will be worth considerably more than it is now. | 2005-01-11 | |
| DON'T BUY | 5.150 | Norman Levine | Pricing of coal has gone through the roof and stocks have probably been over done and will probably come down fast. Would stay out of the way in the near term. Look for China to start exporting steel, especially lower grade steel. Would prefer a Teck Cominco. | 2005-01-05 | |
| BUY | 6.120 | Peter Brieger | Will be shipping coal in January. You have to take a 3/4 year view for the outlook on energy. Prices will flucuate, so you can't get head faked out by selling when prices weaken. | 2004-12-31 | |
| BUY | 6.350 | Peter Hodson | Looks like contract price for coal will be $125 for long term which is up fro $58 last year. Likes it a lot. | 2004-12-20 | |
| DON'T BUY | 4.900 | Mark Jackson, CFA | Doesn't think they are even in production yet. Prefers Teck Cominco. | 2004-12-07 | |
| DON'T BUY | 4.920 | David Chapman | Had a big spike and you shouldn't chase it. Wait for it to consolidate for a while. | 2004-12-03 | |
| BUY | 4.920 | Jean-Francois Tardif | Coal prices have increased substantially and if they stay where they are, coal stocks should do very well. | 2004-12-03 | |
| HOLD | 5.800 | Michael Smedley | Relies on the steel industry continuing to do well. | 2004-11-25 | |
| TOP PICK | 5.800 | Michael Smedley | Just about to start their production in Britsh Columbia. Signing an agreement to share the Saxon. | 2004-11-25 | |
| BUY | 3.300 | Peter Hodson | Pretty good company. One of the cheapest. Good asset. | 2004-11-04 | |
Experts that have talked about Western Canadian Coal Corp.
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