All of the coal companies that I follow have now reported 4th quarter and full year 2012 results. NRP had outstanding results. ALL of the others "missed the street" and expect poor results in early 2013. NRP expects
some lessees to cut production. Believe most coal companies are now headed for multi year lows. There are just no changes in coal fundamentals in sight in the short run. Glad NRP has $160 million in hand.