Cline Mining and Walter Energy Poised for Growth as Demand Outlook Brightens
Investing News Network - November 16th, 2011
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.
