Cockatoo Coal (ASX.COK) is a stock which we have highlighted before. I see that Patersons Research has placed a BUY on this stock, and I agree. Based on their report, they look to have a lot of promise moving forward. A lot of the executives behind the company have a marketing background. The people I would see at a lot of coal conferences years ago. You have to credit the coal industry. They know how to sell coal. Coal conferences in tropical paradises like Bali and Goa. I wonder if they still do that. Tax deductive as well. Lovely life if you are looking for career direction. My problem was remembering to eat food between beers. The beer comes looking for you, but you have to go looking for the food. I never remembered too.
See the Paterson report here. Importantly the stock has hit technical support at 40c and recovered. Good exposure to the coal industry.
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Andrew Sheldon www.sheldonthinks.com
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