yeah, but they say they are going to ship 1 million more tons of metallurgic coal at about 30 bucks more a ton than they are selling it for now. Australia has made the US coal companies golden, except the ones who have mines in Australia, like BTU etc..
CLD and ICO are buyout targets, those and PCX look good. I can't understand why JRCC doesn't have much of a message board, news or other higher profile place in US coal market, especially after purchasing a huge metallurgic coal reserve via ICG. You would think they will take off, but no interest here on this board or in the stock. wassssupp? Any pullback in PCX and ICO are sure things. Not sure about CLD, but it's cheap too. Is there anybody out there?
I'm just waiting to get back to 24 and I'm selling this, or maybe I will settle in long term since this is a strong metallurgic coal play and that's where it's at.
International coal suppliers rule, metallurgic coal rules. JRCC is dead in the water for some reason. Even after pulling out of the share offering. Can't understand this gig.