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PFT - Pure Foods Tasmania

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henry vanderhave

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12 January 2007
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hi guys.Just a few thoughts on this coal emerger.Been on this one quite a while,traded it a couple of times successfully and it is one that is slipping quietly under the radar.Rose 15%today now at 21c, in last month has risen from 15c .has large coal deposits constantly drilling and expanding resource bas e.g.100mil tonnes plus ,My view only but seems to be chick sitting on branch flapping its wings,i look at e trade charts (foreign language to me but the line goes strait up) worth alook guys.REmember,keep the faith,be strong.
 
Re: COK - ****atoo Coal

Hi guys.This share just keeps on keeping on.Up 18% today to 26c.This share is avoided by traders in my view so very little volatility just slowly slowly getting stronger.A good one for the bottom draw.Worth alook.cheers
 
Re: COK - Cockatoo Coal

I have traded a couple of times on this one. very small trader! wish I had held it. My first BP was .16c. There are many more buys than sells. It lost for a while when Coal was considered dirty, but:banghead: so did MCC. Both are now rising.
 
Re: COK - ****atoo Coal

henry vanderhave said:
Hi guys.This share just keeps on keeping on.Up 18% today to 26c.This share is avoided by traders in my view so very little volatility just slowly slowly getting stronger.A good one for the bottom draw.Worth alook.cheers
Click to expand...

henry,

the recent interest in COK may have something to do with the recent ann of due diligence on MLM's qld coal interests (released 02/07/07):

"Metallica Minerals Limited (ASX: MLM) today announced that it had entered into an option agreement to sell its south-east Queensland coal assets held by two wholly owned subsidiary companies, to Cockatoo Coal Limited for a total value of approximately $10 million in cash and shares, plus a coal royalty.

...

Cockatoo Coal has paid Metallica a $250,000 non-refundable option fee that will be deducted from the cash payable. The option is exercisable within a two week due diligence period.

...

Metallica’s coal assets subject to the Cockatoo Coal option agreement are located in the Surat and Moreton Coal Basins, together with EPC 882 (an area of approximately 150 square kilometres) located in the Tarong Basin, which contains the Taabinga Measured Resource 35.5Mt and Indicated Resource 128.3Mt totalling a Measured and Indicated Resource of 163.8 million tonnes of thermal coal (see ASX Release – March Quarterly Report, 30 April 2007). The coal assets include agreements with two joint venture partners, Cougar Energy Limited (ASX-CXY) for Underground Coal Gasification (UCG), and with unlisted Eastern Mining Corporation Pty. Ltd who are evaluating the Coal to Liquids (CTL) potential in the Felton area of the Condamine Coal Project.

..."

cheers :)
 
Re: COK - Cockatoo Coal

This was listed on Fat Prophets as a buy last night. That probably explains today's rise. It will be intersting to see if the rise continues or is short lived.

:2twocents
 
Re: COK - Cockatoo Coal

Prices normally fall a little after a rise due to Fat Prophets forecast but only temporarily. Fats are long range forcasters so the fact that they are recommending COK is good enough for me. It is good to get this type of feed back-thank you.I bought more today at top price .26c so I am hoping they have a future.:2twocents
 
Re: COK - Cockatoo Coal

This stock is bouncing back better than most. Its up over 20% today and might be well worth a closer look.
 

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Re: COK - Cockatoo Coal

They seem to have a lot of known coal resources in the surat basin, including recently acquired metallica mins coal resources, and the qld govt has recently announced a rail extension into the area - is this a potential reason for the strength?
 
Re: COK - Cockatoo Coal

Hi,
COK seems like going up! I love COK! It is a good buy.

Looking at the graph, its been going steadily up.

The only time COK was down was during the subprime crunch.
:)

Anyone holding this?
 
Re: COK - Cockatoo Coal

With Kores and Kepco on board there must be a lot of confidence in Cockatoo coal and sales more certain as well. Encouraging now and worth looking at.
 
Re: COK - Cockatoo Coal

wolf said:
This was listed on Fat Prophets as a buy last night. That probably explains today's rise. It will be intersting to see if the rise continues or is short lived.

:2twocents
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Does anyone still own this?

Cockatoo Coal is an emerging Australian coal company with a large portfolio of Queensland coal tenements covering in excess of 3,500km². The Company currently has identified 90+million tonnes of total coal resources (JORC) and has plans for aggressive exploration and development during 2008, and is also considering the potential for future acquisitions.

The company's intent is to commence mining from 2011, with a current target production of 12.5Mtpa by 2015.

thx

MS
 
Re: COK - Cockatoo Coal

Hi Michael,

I own it, picked it in the 2008 stock tipping comp and fat phrophets are all over it.

Had a fairly strong day today - and if the charts repeat themselves should fall back a bit and consolidate before making another run. They have a pretty big year planned for 2008 from what I understand - pleased to be holding.
 
Re: COK - Cockatoo Coal

wildmanchris said:
Hi Michael,

I own it, picked it in the 2008 stock tipping comp and fat phrophets are all over it.

Had a fairly strong day today - and if the charts repeat themselves should fall back a bit and consolidate before making another run. They have a pretty big year planned for 2008 from what I understand - pleased to be holding.
Click to expand...

Cockatoo Coal is also one of my favourites for 2008. Posco Australia Ltd raised their holding to 18.04% and KEPCO to 9.8%. Moved to a break-out position on the charts after yesterdays 5.5 cent rise to 80 cents.
 
Re: COK - Cockatoo Coal

It seems to be pretty tightly held - seems to be kind of the same as mundo is which, was picked by FP at about the same time as this one. Be interesting to see how it goes today.
 
Re: COK - Cockatoo Coal

Bought a small parcel today at 84c seems to be a stock on the move hopefully I've made the right decision...... :eek:
 
Re: COK - Cockatoo Coal

Must be due for a drop back and consolidation - its run pretty hard this week. I had another buy order in on tuesday for $0.63 and just missed out on it, and its run 19 cents since then.

There are alot of major shareholders, and long term will be a good stock to be holding but wont be surprised to see a pull back next week with some profit taking.
 
Re: COK - Cockatoo Coal

COK is running pretty hard - after being down to .78 this morning it took off!!! Is my favorite share - up from .65 to .92 this year.
 
Re: COK - Cockatoo Coal

wildmanchris said:
COK is running pretty hard - after being down to .78 this morning it took off!!! Is my favorite share - up from .65 to .92 this year.
Click to expand...

Hm you might have to eat your words in your earlier post!

Totally unbelievable this stock!

thx

MS
 
Re: COK - Cockatoo Coal

I'm of the opinion that COK has a very good outlook for the future. I've been watching it for the about the last month and was looking for an entry point today. Shame i didn't buy straight up when it slipped back just under 80c. Was waiting for it to ease back back it just kept moving forward. Was fortunate to get aboard at 90c and very happy with that! Seems to be a very tightly held stock. Looking at the market depth today there was an avalanche of buyers compared to sellers ..... and i noted at one point it got down to only 4 sellers :eek:
Good luck to all :D
 
Re: COK - Cockatoo Coal

michael_selway said:
Hm you might have to eat your words in your earlier post!

Totally unbelievable this stock!

thx

MS
Click to expand...

True true - however as you can understand I am happily chomping away on words, and may do so for a good portion of the evening. Be interesting to see where it heads tomorrow.

:brille:
 
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