CAD stock forum – Colonial Coal International Corp. (TSXV:CAD) discussion
Investor discussion of Colonial Coal International Corp. (TSXV:CAD): reactions to drill results, financings and press releases, sentiment and price targets from the OreStocks mining-stock community.
$CAD.V is the most patience-testing name on my watchlist. 6 months post-MCR and still no real bid. either a deal eventually materializes from the strategics or this just drifts. holding regardless
the met coal demand picture continues to support $CAD.V long-term. india targeting 300 MTPA crude steel capacity by 2030 and importing ~90% of its met coal already. doesn't fix the short-term news problem but the macro is intact
BC political backdrop is starting to soften for names like $CAD.V. NDP is in survival mode and showing more openness to resource projects. doesn't change fundamentals but reduces a tail risk that's been hanging over the sector
$2.4m bought in $CAD.V since may 1 with basically no news flow. either someone has a thesis ahead of an event or it's slow strategic rebuilding. notable on a name this quiet