$SGQ.TSX China built and opened in 2019 the worlds longest heavy cargo rail 1800km long to over 80% for coal shipments from the North, near Mongolia to the south to supply coal for energy and steel production for over US$1 Billion! You wonder why the see such huge need in the future.
elmarha
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$SGQ.TSX here is why China built the super rail!
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News scaring the market. Coal exports down 6.5% in February. China had 10 days closed because of Chinese New Year, that is like 38% of the month! Shivee Khuren mine was closed 18 days for CNY & maintenance work. So all Mongolian coal mining co shares dropped like a stone within minutes of this release! Even if export stays for entire year like that, SGQ profit would be aroundUS$220 Mill plus for full year!
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$SGQ.TSX I believe they meant 7 Million tons per quarter!!
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2024 coking coal imports to China from landlocked Mongolia may rise more than 10% as newly expanded road links enable more truck traffic, the leading Beijing-based coal trading executive estimated. China imports Mongolian coal mostly by truck through seven ports along a border that stretches more than 4,600 km (2,858 miles). CEKE China‘s 2nd largest coal clearing point on Mongolia‘s border is targeting clearing well over 7 million tons of coal imports for 2024.
Beijing and Ulaanbaatar have simplified customs clearances to bolster coal imports, which have been hindered by transport bottlenecks, said several Chinese coal traders. More truck lanes have been added at land ports and customs staff have been asked to expedite document checks, while automated vehicles are being deployed to move coal across the border to warehouses on the Chinese side, said the Beijing-based executive. -
The hidden dark pool trades in BB.
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The hidden dark pool trades for BB!
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If some group is planning a takeover of BB. They usually like to depress the share price to create lowest possible 90 day average price, on which they will then base after ER April 4th an offer! That is common practice. So if you sell now you are helping them!
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If some group is planning a takeover of BB. They usually like to depress the share price to create lowest possible 90 day average price, on which they will then base after ER April 4th an offer! That is common practice. So if you sell now you are helping them!
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There was one buyer who purchased 3 MILLION shares!!
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WONDERFUL! Next is BB!!
The surge in NVIDIA shares on Thursday has left short sellers with about $3 billion in paper losses, according to an analysis by S3 Partners LLC, which called it an “AI generated nightmare” for bearish traders. The mark-to-market losses are another blow for contrarians who argued that Nvidia’s sky-high valuations and speculative fever had all the makings of a market bubble.
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SOUTHGOBI Resources SGQ.V, got here by accident! However presently my biggest and most promising holding!!
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$SGQ.TSX in Hong Kong this morning over 3.5 Million shares! High up to HK$6.04. = C$1.04. this is only the Start!!! FY 2023 and Q4 results coming out March 27th. Also guidance for 2024. Q4 production report could come out next week!
This is only the beginning! Normally other Mongolian coal miner shares are trading 6 to 11 times earnings!! CEKE port is expanding and rail shipping of coal from SGQ mine 45 km away likely to start this year! Meaning lower cost and more coal sales to China! -
WONDERFUL! Next is BB!!
The surge in NVIDIA shares on Thursday has left short sellers with about
$3 billion in paper losses, according to an analysis by S3 Partners LLC, which called it an “AI generated nightmare” for bearish traders. The mark-to-market losses are another blow for contrarians who argued that Nvidia’s sky-high valuations and speculative fever had all the makings of a market bubble. -
WONDERFUL! Next is BB!!
The surge in NVIDIA shares on Thursday has left short sellers with about
$3 billion in paper losses, according to an analysis by S3 Partners LLC, which called it an “AI generated nightmare” for bearish traders. The mark-to-market losses are another blow for contrarians who argued that Nvidia’s sky-high valuations and speculative fever had all the makings of a market bubble. -
$SGQ.V on TSX.v or 1878 at HKEX!
SIMPLY WALLSTREET describes SGQ.v as 90% under valued!!! After 2 and more disastrous years sleeping beauty is waking up! Last 2 months it did better than NVDA! -
WHO performed better than NVIDIA last week, sustainable!
Canadian estbl. coal miner in Mongolia, 35 miles from China’s border, symbols SGQ.V at TSX & 1878 at HKEX.
SOUTHGOBI RESOURCES LTD.
https://southgobi.com/html/index.php
If you do truly in depth DD, you will know why.
Copy + save this post and look at quotes again in 6 weeks! -
WHO performed better than NVIDIA last week and last 2 months, sustainable!
Canadian estbl. coal miner in Mongolia, 35 miles from China’s border, symbols SGQ.V at TSX & 1878 at HKEX.
SOUTHGOBI RESOURCES LTD.
https://southgobi.com/html/index.php
If you do truly in depth DD, you will know why.
Copy + save this post and look at quotes again in 6 weeks!
1878.HK
1878.HK
1878.HK
1878.HK
1878.HK
BB.TO
BB
BB.TO
BB
1878.HK
BB
BB
BB
BB
1878.HK
BB.TO
BB
NVDA
MEG.TO
NVDA