Buy, Sell or Hold: Elgin Mining Inc. (ELG-T)

Elgin Mining Inc. (ELG-T)

0.00

0.00 (0.00%) 1d

PAST TOP PICK

(A Top Pick Aug 27/08. Down 71.43%.) Coal companies had a huge run-up last year and then fell apart. Announced some strategic reviews going forward. Other coal companies have done very well but this has been left behind but gives you some potential if people start noticing. Hold.

DON'T BUY

(Market Call Minute.) Coal price is down and probably going lower.

HOLD

Trading below cash of $.50. Waiting for some permits. Also trying to open up some contracts and renegotiate with some of the utility companies. Ultimately it will turn around and get better prices. There may be a lot of trading activity over the year-end but doesn't expect it to change dramatically from here.

TOP PICK

Has $.38 per share in cash. His calculations show they can cash flow $110 million in 2010. You’re getting the whole company for their 2-year out cash flow. A lot of takeover activity in the coal space. Utilities are desperate for coal right now. They have to cautiously renegotiate contracts.

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Elgin Mining Inc.(ELG-T) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Elgin Mining Inc. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Elgin Mining Inc.(ELG-T) Frequently Asked Questions

What is Elgin Mining Inc. stock symbol?

Elgin Mining Inc. is a OTC stock, trading under the symbol ELG-T on the (). It is usually referred to as or ELG-T

Is Elgin Mining Inc. a buy or a sell?

In the last year, there was no coverage of Elgin Mining Inc. published on Stockchase.

Is Elgin Mining Inc. a good investment or a top pick?

Elgin Mining Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Elgin Mining Inc..

Why is Elgin Mining Inc. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Elgin Mining Inc. worth watching?

In the last year, there was no coverage of Elgin Mining Inc. published on Stockchase.

What is Elgin Mining Inc. stock price?

On , Elgin Mining Inc. (ELG-T) stock closed at a price of $.

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Elgin Mining Inc. (ELG-T)

Elgin Mining Inc.(ELG-T)

Elgin Mining Inc.(ELG-T)

Elgin Mining Inc.(ELG-T)

Elgin Mining Inc.(ELG-T)

Elgin Mining Inc.(ELG-T) Rating

Elgin Mining Inc.(ELG-T) Frequently Asked Questions

What is Elgin Mining Inc. stock symbol?

Is Elgin Mining Inc. a buy or a sell?

Is Elgin Mining Inc. a good investment or a top pick?

Why is Elgin Mining Inc. stock dropping?

Is Elgin Mining Inc. worth watching?

What is Elgin Mining Inc. stock price?

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