The assumption has always been that it's the very low-cost little mining operations that will go to the wall, pushing prices up. In fact, Mr. Parker argues that it's small industrial operations working difficult seams, and with poor access to convey that will be the first to go. The exit of these high-cost means that spot prices will increasingly be set by bigger more efficient producers and that means pressure for prices to stay low.

　　With structural forces against a return to rising coal prices, investors in China's black gold should dig a huge stone hit their foot into a hole.

　　1. Which is the general idea of this passage?

　　A.Why it is difficult for China’s coal price to increase.

　　B. China's 60 biggest miners the efficient excellences.

　　C. the romance has come out of the relationship.

　　D. the low-cost little operations that will fail.

　　2. What is the investors’ attitude to China’s coal?

　　A. angry.

　　B. disappointed.

　　C. not excited.

　　D. very excited.

　　3.Which is a reason for the last few years’ Chinese investors feeling glad?

　　A. poor access to transport that will be the first to go.

　　B. investors in China's black gold got much money.

　　C. spot prices will be set by bigger producers.

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