Couldnt find a thread that covered this one, so here goes.

Im adding it to my bisi coal shares as the Chinese and India Economic Industrialisation process gathers more pace. Coal prices are rising by the day and some of the contracts signed worldwide are twice what they were at this time last year. I do hear that there is a lot of news flow to come from WTN so this should move the price along upwards throughout the year.

There appears to be no stopping for WTN in Canada and on our own market.

Check out the the latest news on http://www.westerncoal.com as Western Canadian Coal Obtains Six-Year Purchase Commitment from POSCO and Western Canadian Coal Appoints BNP Paribas as Project Finance Advisor for Wolverine recently. Let's hope that this little gem will brighten spirits for all.

DYOR.

cheers GF.

Please enlighten me Ethel.

cheers GF.

Hi ethel, not sure what you are geting at???????????????????????.

Anyway nice to see this one back in the blue.

cheers GF.

Hi Goldfinger.Am interested in coal mining as it ran in my family!There seems to be more interest in coal mines recently so I was pleased to see this post.Re.Porvair.They are a specialist filtration and advanced materials group who signed a 20mln.dollar long term agreement with a leading US coal gasification operator,SG Solutions LLC.Under the terms Porvair will supply critical gas filters to the SG Integrated Gasification Combined Cycle Generation Plant in Indiana.IGCC plants convert coal or petroleum coke into synthetic gas,which is then used to fuel gas-fired power stations.The US has 25% of the world's coal resources but less than 3% of the world's oil and natural gas.Porvair shares stand at 117.50p...bid117,offer118.Forecast growth for 2005=4.60eps,26.52p/e,exp.eps growth plus 24%.Digitallook brokers give it a strong buy.My target is 160p.Have a look and tell us what you think.Anything to get away from Uranium!!!Ethel

Thanks for clarifying this one ethel. It does look like you are onto something here I always thought porvair were in the fuel cell business. Going to do a lot more research. That P/E looks high but its not the forward one is it, any idea what the P?E is for 2006?

cheers GF PS Western Canadian Coal doing very well so far today.

That is the Forward P/E for 2005.Don't know for 2006.They had three bad years,going from 450p in 2001 to 140p in january this year.But even if they only make last yr's high of 160,that's still a nice profit.REmember the 2p dividend expected for this year.They are in profit again and have lowered debt.They are involved in other things which I haven't gone into,but sound v.interesting.Their filters are benefitting workers and the environment.I think that there will be a resurgence in coal mining,especially in China and America.The old mines must be modernized.This applies to all types of mining.Porvair's market must surely get bigger in the med.to long term.Someone of you who knows more please add to this topic.I hope Canadian Coal proves a winner for you,Goldfinger...you seem to be a good stockpicker and put a lot of energy into these message boards.Ethel

Ethel , I like that bit about their filters benefiting workers and the envoirement, worth a premium in any stock that, but the P/E is topy. Going to do more research here. Thanks for the kind help.

cheers GF. PS, India aswell is taking a lot of the Worlds coal now as is Japan funnily enough.

Just took the liberty of asking deancroft and Filthy Poor over on SEO....they are ENGINEERS...to elucidate on the products.I think I saw a porvair message somewhere else,can anyone help.I don't want to distract from Canadian Coal which looks a good investment.I like Canadians....very civilised.Ethel

HI Ethel, dont wish to poor ice on your findings but please remember there is one hell of a difference between the findings of people in any specific industry and then the forecasts from pro brokers.


Please keep us informed.

cheers GF.

Hi Ethel, found your postings, ref 24 of 25. Porvair could do nicely simply because of America's fuel reserves as you point out. Burning coal is anti-social nowadays and not terribly efficient as it contains all sorts of contaminants, sulphur being a big one. To get the best out of coal, pulverise it to a dust, fluidise it to make it take on liquid properties, heat it, add water via superheated steam and behold we get a gas we can burn (carbon plus hydrogen plus oxygen makes hydrocarbon as in petrol, parraffin, sugar, fat, methane, propane, butane etc. all which burn under certain conditions) Porvair filters are designed to work at very extreme temperatures (500 Celsius??)to capture undesireable particles in such a process and so clean the gas. The gas is used to fuel turbines (to get electricity)and the waste heat is used to heat water to steam to drive other turbines (to get more electricity) and so get max thermal out of the process. Apologies to other (now bored) posters, end of lesson.

Canadian Coal steanming ahead.

cheers GF.

Up in Canada at the moment and just look at the buy volume here today. Superb.

cheers GF

Thanks a lot Deancroft.Are you a mining engineer?I have found the original thread started by Socrates in AUG 2003.He's still there.The thread is titled 'If you like "DYS" one you'll like this one Porvair(PRV)'I shall drum up support and enthusiasm over there,if I can.Maybe you can help us out Ethel,Deancroft?

Hoy ethel get your purse out and buy a few of Western Canadian, youl be sorry if you dont.

cheers GF.

Looking forward to this coming week with these, now showing real strength.

cheers GF.

Stuck in a upward trend channel, needs to burst through the roof to make gains.

cheers GF.

Dont sell off, the markets getting a shock taste of reality. There will be a bounce in the US.

cheers GF.

Just out from Killik brokers....................

Sentiment in the near term appears to have turned with active profit taking in the second liners after a terrific run to the start of the year. How far things will come back is the obvious key question but so far, it does not appear as if too much stock is coming out and this feels more like a healthy correction rather than something more significant.

cheers GF.

Western Canadian Coal Corp
24 February 2005


Western Canadian Coal Corp. ('the Company' or 'WCCC')

Director's shareholding

The Company was notified on 23 February 2005 that Gordon Bub, a non-executive
director of the Company, sold 37,100 shares on 23 February 2005 at an average
price of C$6.10.

Following this sale, Gordon Bub is interested in 8,000 shares in the Company,
which represents 0.01% of the issued share capital of the Company.



This information is provided by RNS
The company news service from the London Stock Exchange

Done badly over the last few days theres no getting away from that, but at its present price it gives you an opportunity to get in very cheaply, very cheaply indeed.

cheers GF.

GF - I've taken some profits on others recently and have been looking at Gold and Coal. Your expecting some upward movement on WCCC then?