I'm excited at the prospect of buying in the teens. Won't be long now. But we can't reach a bottom until everybody gives up on BTU. There are still too many BTU optimists. What we need is a good genl market/economic decline.
I agree but don't waste your time with a Motley Fool. P doesn't have the resources (money) to finance the Mongolian coal project so that will go to another country. Australia, Brazil, Indonisia, all have enough coal to supply the world while the EPA killed our domestic market.
I understand "P" has recently received an offer to "operate" the mongolian coal project, has not yet accepted. Not sure how this would all work out that they are not cannibalizing their own sales though.