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  1. 02-09-2010, 01:39 PM #1
    macduffy
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    Default BTU Bathurst Resources

    About time this little company had its own thread!

    Significant increase in Buller Coal Project resource.


    http://asx.com.au/asxpdf/20100902/pd...0kglcdkmsv.pdf

    Shareprice continues to firm!
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  2. 02-09-2010, 01:56 PM #2
    Dr_Who
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    Welldone mate.

    Good performer.
    Having got ourselves into a debt-induced economic crisis, the only permanent way out is to reduce the debt – either directly by abolishing large slabs of it, or indirectly by inflating it away.
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  3. 10-09-2010, 04:13 PM #3
    macduffy
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    BTU up another 10% today on good volume.

    Two questions.

    Why?

    Anyone else enjoying this? Colin?
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  4. 13-09-2010, 12:12 PM #4
    macduffy
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    And up another 10.6% today!

    Must be an announcement due!
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  5. 13-09-2010, 02:10 PM #5
    macduffy
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    Correction. Make that 27%!

    Surely must get a speeding ticket from the ASX!
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  6. 13-09-2010, 02:14 PM #6
    upside_umop
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    Nice work MD.

    I was watching since you have posted and have been waiting for a wee pull back to jump in....one hasn't happened though!
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  7. 13-09-2010, 02:42 PM #7
    tony64peter
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    Thanks for the tip nice chart managed to get in at low 20s. Any idea whats driving it? T
    Quote Originally Posted by macduffy View Post
    BTU up another 10% today on good volume.

    Two questions.

    Why?

    Anyone else enjoying this? Colin?
    Last edited by tony64peter; 14-09-2010 at 08:11 AM.
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  8. 13-09-2010, 02:54 PM #8
    macduffy
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    Quote Originally Posted by tony64peter View Post
    Thanks for the tip nice graph managed to get in at low 20s. Any idea whats driving it? T
    No, not really.

    They have some good experienced coal types on board including Rob Lord, ex Gloucester Coal, and of course they have the option over those attractive areas surrounding Stockton. I did hear a suggestion that L and M originally picked up the Buller Project because Solid Energy neglected or forgot to renew some leases! Can't vouch for the accuracy of that but it makes a nice story!
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  9. 13-09-2010, 03:05 PM #9
    tony64peter
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    Thanks for the info will watch with interest. T
    Quote Originally Posted by macduffy View Post
    No, not really.

    They have some good experienced coal types on board including Rob Lord, ex Gloucester Coal, and of course they have the option over those attractive areas surrounding Stockton. I did hear a suggestion that L and M originally picked up the Buller Project because Solid Energy neglected or forgot to renew some leases! Can't vouch for the accuracy of that but it makes a nice story!
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  10. 13-09-2010, 07:26 PM #10
    macduffy
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    The inevitable question was asked by the ASX and got the inevitable response, ie that the market is responding to the recently announced resource increase.

    Seems reasonable.
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