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Stockchase Opinions

Richard CroftFording Canadian Coal TrustFDGPAST TOP PICKJul 09, 2009

(A Top Pick July 2/08. Up 23.24%.) Acquired by Teck Resources (TCK.B-T). Bought the US stock, wrote an $85 Call for July and picked up about $3 on the Call.
$76.33

Stock price when the opinion was issued

$133.98

As of Jun 18, 2026. Market Open.

non-base metal mining
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TOP PICK
Coal will be one of the alternative energy plays. Environmentalists are not very comfortable with it. Very good cash flow. Would buy the US stock and write an $85 Call for July and you should pick up about $3 on the Call.
SELL
A little convoluted because it is a trust and will be taxed in two years at 32%. The payout is larger than what they are earning. His model price is $35.40, a 15% positive differential. There are other stocks he likes better that have a better probability of making money than this one.
HOLD
Likes coal. Demand is very high and inventories in the US have fallen to pretty low levels.