And those that have a higher education than the third grade know that ANR is not a garbage stock. Try WM if you like garbage .
Just because he has a Rocky mountain high from owning ANR stock does not mean he is high on drugs. ANR is your Sylvester Stallone type of stock.
Let me tell you something you already know. The world ain't all sunshine and rainbows. It is a very mean and nasty place and it will beat you to your knees and keep you there permanently if you let it. You, me, or nobody is gonna hit as hard as life. But it ain't how hard you hit; it's about how hard you can get hit, and keep moving forward. How much you can take, and keep moving forward. That's how winning is done. Now, if you know what you're worth, then go out and get what you're worth. But you gotta be willing to take the hit.
Yes shorts you have knocked us down but ANR keeps getting back up. One day when your not looking we are going to give you a 1,2 punch and down you are going to go. Yea baby! Rocky! Rocky!
Asking if Ben is buying is like asking if the sun will come up tomorrow.
Just thinkin' about
Clears away the cobwebs,
And the sorrow
'Til there's none!
When I'm stuck with a day
I just stick out my chin
The sun'll come out
So ya gotta hang on
Come what may
I love ya
Good morning Coalnam. Every day Ben gets up looking for good news only to find out the war is going badly. Death by a thousand paper cuts. If Robin williams was posting the news to this board what would he say? ( Good morning Vietnam) .
Ben thinks he would play Sgt Schultz on Hogans Heros. I know nothing. Yes Zero. Now let`s look at the facts. What do we know about our JV? Nothing. Because we know nothing wall street has given us nothing . How about selling mines to India? Nothing.
Ok your two for two. How about why management decided to settle the Massey lawsuit now? Nothing. They did not have to settle for such a high price. The way they cleared out two lawsuits one would have thought a merger was in the works.
Now what is going on here? Trading below any real value. Think about that statement. What is real value? Assets. Cash. Coal reserves in PRB are worth more than the stock price of ANR now. Rice stock has taken a hit but it still is worth real value.
We know we have real NG assets. Ben thinks we have north of 32,500 acres. I got that from Massey records and Foundation coal records. What is it worth? Nothing because that is what management wants to have it valued.
If it is the duty of the BOD and management to defend this company and to make shareholder value why do they have their head in the sand? If I was management and the BOD I would get my head out of my A S S .
It is time to post news of the JV . You have had 7 months. Time to earn your pay or lay down in front of a coal truck going down the road. There is no reason why ANR is so low except by design.
Here is the extract of the book
'Please, sir, I want some more.'
The master was a fat, healthy man; but he turned very pale. He gazed in stupified astonishment on the small rebel for some seconds, and then clung for support to the copper. The assistants were paralysed with wonder; the boys with fear.
'What!' said the master at length, in a faint voice.
'Please, sir,' replied Oliver, 'I want some more.
Now stop doing like Hulk watching tv and read the book. This was a work house for the poor and unwanted . They were worked like slaves. This was not the best of times but the worst of times.
Since Ben was buying the asset (ANR stock ) I did not care what the price was. I now own triple the shares I had 3 years ago and still have a tax loss to cover any sells in the future. Since we have over 51 million short shares where do you think you will get them when a buyout comes? Not from Ben. Just write out a check for $35 a share. It`s going to cost you shorts and if you were wise you would cover up to $10 before the stock jumps up big on any merger talk. ANR has world class Met coal reserves . With blending over 2 billion tons. Time is on Ben`s side and your short time is running out like the sand in a hour glass.
Kook they could have got American coal but this is what happens when you have liberals running a company. They would rather import coal than buy from a republican state. So what if rate payers have to pay twice the rate.
You said plastics not polymers. PVC is a polymer because it is made of many molecules. Why do you think they call it vinyl? From Vinyl chloride we went to Polyvinyl chloride(PVC) . Please go back to school and stop posting. Guess you never had any chemistry classes. Shame really. If you had you would know most of the industry in the US uses coal byproducts.
The UK's imports of thermal coal soared to an 18-month high of 3.63 million mt in May, up 44% on the month and 11% higher than a year earlier, driven by increased volumes from Russia, Colombia and the US, according to customs data released Wednesday.
Imports of Russian coal to the UK in May amounted to a year-to-date high of 1.67 million mt, up 41% from the 1.18 million mt delivered in April.
Colombian May imports more than doubled on the month to 882,258 mt, the UK's largest monthly intake from the South American country since January.
Earlier in the year, Colombian supply was severely impacted by an environmental suspension at producer Drummond's operations in the country.
May deliveries of US thermal coal into the UK hit a 13-month high of 969,424 mt, up 37% from April.
The European CIF ARA market has been oversupplied for several months, with combined coal stocks at northwest European ARA discharge terminals pegged at 5.94 million mt earlier this week, having reached a year-to-date high of 6.4 million mt in June.
The UK also imported 613,998 mt of coking coal in May, up 28% from April.
In the first quarter 2.4 million tons imported. Why? Because alpha said some power plants have just 20 days of coal left. Why? Because Obama would not build the Keystone pipeline and oil is being shipped by rail. With no room for coal it is easier to import it than to hope and wait to get it by rail.
Who pays for this coal which cost more than local coal? The middle class aka poor class which is getting poorer. The cost is just passed on to you and I. Surplus Russian coal mined by the Russian mafia dumped at spot prices. If you looked at IEA prices on Monday you will see CAPP got cheaper.
We are heading into another bad winter with less NG in storage and almost no coal in storage. Now is the time to buy a propane tank or put in a wood stove so you can keep your family warm. Propane this winter is going to run out along with NG and coal. A prefect storm thanks to a communist in the white house who wants to bring America down. You can change it in Nov when you vote out democrats who rubber stamp Obama`s plan. Put America first which means we look out for real Americans before we open the gate to illegal aliens.
Just wait till this winter and it`s colder than the last one. We are heading into a mini ice age and Ben is the only one who sees it.
There you go again Hulk. Go back to school and take chemistry. Plastics are not the same. Water bottles etc that are not made of chlorine or fluorine are not bad to burn and make a good burning energy source. PVC (polyvinyl chloride) is bad as is PCB`s. Most plastics are produced from petrochemicals . Now please stop your copy and paste . Plastics like rubber tires are made from oil or oil byproducts. When you add chlorine or fluorine you get a toxic soup if you burn it.
There are over 16 formulas for plastics and saying they are all bad is like you keep saying all coal is bad. Notice also you went from saying plastics to just one type of plastic PVC`s. Bad form old boy. Get your GED and stop posting.
Please Hulk get your GED. There are no dioxins in plastics. Do you know what plastic is made from? Now if you are worried about Dioxins how about stop using paper products like toilet paper. Bleaching pulp from trees releases dioxin into our streams and rivers. Dioxin was at love canal and is called agent orange. All trees have dixion in them and when you green nuts burn wood instead of coal you release a worse chemical than CO2 ever was. You AL Gore cult members are clueless like Obama. Clueless . Looks like your village left you behind. Clueless. Run Forrest.
Still have not seen where ANR sold Rice stock. Rice bought the 22,000 acres last week as I reported on this board. The land was not from ANR. It is interesting that most of ANR`s NG property is in Greene county . RICE bought 22,000 acres also in Greene county not Green county. Greene is a sweet spot with oil and NG . The 7500 acres they got from ANR was also in Greene county ,Penn.
Hang in there bird. This ANR ship will right itself soon. Ben believes we will hear about the new JV in the CC at earnings.
Where do you get NG is cheaper? At $2.25 it`s cheaper than PRB coal. At $4.11 it cost more than ILB,PRB. If sulfur coal is used from the CAPP or NAPP they are cheaper because it takes half as much coal to produce the same BTU`s. Also CAPP and NAPP coal has a higher BTU contain than NG. It takes less coal to match the same BTU`s .
Now if a pipeline blows out what happens to your NG power plant? It goes down. Coal plants keep right on going as long as there is a pile of coal.
You want to talk politics? What we here is a president who is clueless about the coal industry and the backbone of our power grid . Everything he touches turns to poop. It is by design to make America another third world country . Yes put your faith in him like Al Gore. You can be a member of the liars club.
Bird I have been out of town. Where did you see they sold Rice stock? I have seen nothing on this subject. Do you have a link? Thanks Ben.
Dafacai time is on our side. The longer they keep ANR down the more shares they give up. Coal prices are in the toilet. They will not stay there. In 2008 ANR went for $128.14. In less than 2 years ANR could be a $60 dollar stock again.
Shorts have grabbed a tiger by the tail. If they try to let go it will eat them. Over 51 million shares . When they try to cover 4 million it pops up $1 dollar so they short again. ANR is low below book value because of analyst who front run for these short hedge funds. Ben can wait for ANR to go back up. The question is can shorts?
Was just looking for news and came across the $10 billion merger of CLF with ANR. In July 2008 CLF offered $128.14 a share for ANR. Met was $275. At the time ANR only had 550 million tons of coal reserves. Now we have between 4.3 and 5.2 billion tons of reserves which with blending over 2 billion tons of Met.
On top of that we have about $800 million in NG assets. ( Rice stock and about 32,500 NG acres)
Now how can ANR be worth $3.32 now? If in 6 years ANR can go down this much where will ANR be in the future if Met coal goes back up? Colombia has had strike after strike. If shorts say they are part of the global warming cult then they have to believe Australia will get hit with a big storm again. If Australia goes off line like 2010 /2011 ANR will be a $60 dollar plus stock again.
Yes shorts just keep on selling and Ben will keep on buying. Time is on my side and yours is ticking down.