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Senior Member
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Join Date: May 2006
Posts: 185,603
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Senior Member
Join Date: May 2006
Posts: 185,603
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A massive Coal Mine in China is in big debt but still trading
Reported on CNBC "Inside China"
just on.
Even the Coal he sells is at a massive loss.
It has Massive Trucks as big as a house.
He is Borrowing Big Money to keep Trading.
The Owner is scared to Close it, for now,
as it may not open again.
International Markets on Coal
are in control of the price,
Not China.
Last edited by arista; 13-02-2016 at 03:48 PM.
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