“This news is even better than what the market IMO is trying interpret currently. This opens up potential for more coal contracts to other new customers that would have otherwise shyed away due to inadequate shipping and port access that CCJ was facing before this news. This news is a game changer, and the market IMO has not realized this yet! This news really addresses two issues: lack of transportation/port access and the dispute with Ped. The two other major issues that I think are left are getting the financing done and the all the required filings done!” From aatwal on the Coalcorp Mining (TSX: T.CCJ, Stock Forum) board.

Top Bullboard:

Coalcorp Mining (TSX: T.CCJ, Stock Forum) received the second-most reads on a day its shares surged 36%.

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LexLuthor2 believes opportunity knocks for this beaten-down gold stock in his Lex Corp blog.

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frankseles

WASHINGTON (AP) -- Fannie Mae is asking foranadditional$15 billion in government aid after posting another bigloss in thethirdquarter as taxpayers' bill from the housing market bustkeepsgettingbigger. Themortgage finance company, seized by federalregulatorsin September 2008,posted a quarterly loss of $19.76 billion, or$3.47 per share.The lossincludes $883 million in dividends paidto the Treasury Department and compares withaloss of $29.41 billion, or$13 per share, in the year-ago period.The requestfor federal aid is thecompany's fourth. Fannie Mae has receivedabout $45billion. The newrequest will bring that total to$60billionhttp://www.businessinsider.com/fannie-mae-loses-18-billion-needs-15-billion-more-in-aid-2009-11

frankseles

THE JEKYLL THE FEDERAL RESERVE .AS THE US GOVERNMENT LOOKS AT PRINTING MONEY BUY GOLD"Meanwhile, Barofsky's office has opened 35 criminal and civilinvestigations into issues including suspected accounting fraud, securitiesfraud, insider trading, mortgage servicer misconduct, mortgage fraud, publiccorruption, false statements and taxes.That's right, we have 35 criminal investigations connected to thisnearly $24 trillion dollars of largesse too, and that's only what Mr. Barofskyknows about. Anyone care to gander about what's hidden from him? Oh wait - wegot a problem there too:

frankseles

Société Générale tells clients how to prepare for potential 'global collapse' Unemployment Rose in 29 States Last Month; Michigan Rate Highest at 15.1%... A senior IRGC official warns that Iranian missiles will be on their marks to target the very heart of Tel Aviv in the event of a military attack on the Islamic Republic. “If the enemy tries its luck and fires a missile into Iran, our ballistic missiles would zero in on Tel Aviv before the dust settles on the attack,” said Mojtaba Zolnour, the representative of the Leader of the Islamic Revolution, Ayatollah Seyyed Ali Khamenei, in the Islamic Revolution Guards Corps (IRGC). Zolnour, who was speaking in a Saturday interview with the IRNA news agency, said enemy countries should keep in mind that Iran's military capabilities have made great strides due to the efforts of Iranian experts

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