Stockchase Opinions

Jim Huang Grande Cache Coal Corp. GCE-T HOLD Feb 24, 2011

Underlying leverage is coking coal price. High cost producers so you have to be positive on prices staying high. He thinks it will and maybe goes higher. Should do well in the next couple of years.
$8.800

Stock price when the opinion was issued

other mines
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

You might be interested:

HOLD
It could go a little bit higher, but it’s getting close to full valuation of $11-$12 unless coal continues to go higher.
DON'T BUY
Depends on your view of Chinese demand for met coal. Thinks their demand is going to fall during the last half of the year. This company is an emerging kind of growth producer but still relatively small. Prefers thermal coal. (See Top Picks.)
PAST TOP PICK
(A Top Pick July 23/10. Up 30.03%.)
BUY
Strong upward trend since the early part of 2009. This is the right space to be in. Seasonality, there could be a short summer run. Good risk/reward right now.
PAST TOP PICK
(A Top Pick July 23/10. Up 51.85%.) Good chance they could get taken out.
PARTIAL BUY
Great little company that produces high-quality coal. It has high costs producing. If China slows down, and it could, this would be the canary in the coal mine because of high costs. Feels that China will be fine. Buy now to start with the idea of making further purchases when it drops further.
TOP PICK
A lot of the cyclical stocks have come under big pressure. This one has been missing some of their production estimates and earnings for this year but thinks it will ultimately be acquired. Expecting it to get around $12 a share.
HOLD
Meteorological coal used in steel making. Cheap as a stock. Misses in terms of production and guidance issues. There is a consolidation theme in the industry. It could be a takeover target. But he still thinks it is a little risky.
PAST TOP PICK

(A Top Pick Aug 19/11. Up 59.84%.) This company was acquired.