Expect balmy winters in North AmericaExpect moderate summers in North AmericaExpect Electricity Demand to keep falling as Repuke led austerity keeps the economy suppressed.The industry is much too fragmented to curb output. The 50 or so small coal miners controlling 70% of coal mining output will continue to flood the market.Bankruptcy anyone?
ANR does not have a dividend. If they did they could cut it and save a few bucks. This may be closer to bankruptcy as a result.Arch Coal does pay a dividend and can cut it to save some cash.
Did you not read the 10Q about coal orders for 2012 and how much cash and securities they have on hand to use? ANR is not going any where and from what the CEO said in the webcast there maybe a surprise in store for this quarter.