Paragon Report released research on the coal industry, Cline Mining Corporation (TSX:CMK,OTC Pink:CLNMF) and Walter Energy Inc. (NYSE:WLT,TSX:WLT).
Paragon Report released research on the coal industry, Cline Mining Corporation (TSX:CMK,OTC Pink:CLNMF) and Walter Energy Inc. (NYSE:WLT,TSX:WLT).
As quoted in the press release:
The analyst noted that inventories of coal are not piling up — considered the first sign that demand is dropping. He said monthly coal inventories have fallen for five straight months and are now 13 percent lower than 2010 levels.
Click here for the Paragon Report press release.
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