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James River Coal ┼×irketi Message Board

  • csco_brat csco_brat Oct 18, 2012 7:32 PM Flag

    These guys didn't even turn much profit when things were good

    Now they have huge debt because they acquired some now worthless mine for $500 million at the top of the cycle. From what i can tell. They are now way upside down and bleeding cash. If China stays slow another 12 months they will be in such a whole hard to imagine them ever crawling out. it would take many years.