QMNM outlook :)

By Christopher Barker June 3, 2008 Just as it's impossible to discuss jazz music without analyzing the role of John Coltrane, you can no longer fully grasp the overall energy bull market without looking at coal. As a steady stream of industry experts forecasts major shortfalls in the global supply of coal, the sector has been stoking its furnace lately. Consensus is rapidly growing that we are in the early stages of a multiyear event for coal, and investors have boarded the train in droves. Shares of Massey Energy (NYSE: MEE) have quadrupled since last summer, while Patriot Coal (NYSE: PCX) has enjoyed a similar trajectory since emerging last November as a spinoff from Peabody Energy (NYSE: BTU). Mining equipment maker Joy Global (Nasdaq: JOYG) has made the most dramatic appraisal of the global supply shortage thus far, predicting a 60-to-100-million-ton shortfall in 2008. Meanwhile, Arch Coal (NYSE: ACI) CEO Steve Leer recently reiterated his call for a 25-to-35-million-ton deficit in 2008, while adding that the number could double to 70 million tons by the end of 2009. Citing the added pressures of power shortages in South Africa and transportation bottlenecks in Australia, Leer foresees strong market conditions for at least two or three years. Offering a context for the coal phenomenon, Leer commented: "The world has never seen 2 billion people go through an industrial revolution, and we're witnessing it right now. It is changing everything...It is certainly changing basic commodity demands and flows." We foresee QMNM has strong market conditions for at least 7 to 15 years. see you at $5 in 2008 We may see $10---$35 in 5 years investment.(no split)