Sun, Apr 20, 2014, 3:33 PM EDT - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

James River Coal Co. Message Board

iwonder1111 7 posts  |  Last Activity: Apr 16, 2014 12:40 PM Member since: Jan 27, 2011
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • Reply to

    Question

    by gleongelpi Apr 16, 2014 11:30 AM
    iwonder1111 iwonder1111 Apr 16, 2014 12:40 PM Flag

    Every company's mines are different. BE depends on so many things I doubt anyone on this board could give you more than a guess. Bottom line is the company is well on their way to restructuring, that's a undeniable fact!!! What will happen in the future once the BK is finalized is anyone's guess. Jrcc will continue to mine throughout the BK process but will current shareholders be around to benefit once BK is finalized, that's the million dollar question, way more important than current coal prices. You need to ask yourself if new funding will not insist on wiping out current shareholders to help secure their investment just like pcx. GL.

  • Reply to

    whats the deal?

    by coolbrowneyedguy023 Apr 15, 2014 9:43 AM
    iwonder1111 iwonder1111 Apr 15, 2014 1:04 PM Flag

    MM's need more bagholders @ these prices before pulling the rug out again. :o)

  • Reply to

    Apr 17, 2014 Delisting & Moving to OTC- stated on 8-k

    by ml4999 Apr 14, 2014 11:17 AM
    iwonder1111 iwonder1111 Apr 14, 2014 1:16 PM Flag

    he March 18 Notice indicated that, in accordance with Nasdaq Marketplace Rule 5810(c)(3)(A), the Company has a period of 180 calendar days, until September 15, 2014, to regain compliance with Rule 5450(a)(1). If at any time before September 15, 2014 the bid price of the Company's common stock closes at $1.00 per share or more for a minimum of ten consecutive business days, Nasdaq will notify the Company that it has regained compliance with Rule 5450(a)(1). In the event the Company does not regain compliance with Rule 5450(a)(1) prior to the expiration of the 180-day period (or such later date as Nasdaq may provide by extension), Nasdaq will notify the Company that its common stock is subject to delisting.

    lol, this company has bigger problems than getting delisted from Nasdaq. Depending on how fast the chapter 11 takes, it may be a moot point by 9/15/14. This company could go private like pcx or just wipe out current shareholders.

  • Reply to

    Trust me. It will be sold not bk.

    by tylerphan2010 Apr 8, 2014 11:32 PM
    iwonder1111 iwonder1111 Apr 11, 2014 5:18 PM Flag

    I wouldn't say jrcc has nothing to sell if they wanted to liquidate but if anything should be obvious it's that they can't mine those mines and make a profit with the current debt. So who would want to buy unprofitable working mines? Miners are having enough problems with their own companies without adding dead weight. Like I said, if they had anyone interested in buying the company then they wouldn't have filed chapter 11, it's called uncommon sense. This was coming for a long time, only those in denial couldn't see it coming. It's a good move for jrcc, perhaps not for the current shareholders but for the company it gives then a chance to fight again.

  • Reply to

    Trust me. It will be sold not bk.

    by tylerphan2010 Apr 8, 2014 11:32 PM
    iwonder1111 iwonder1111 Apr 11, 2014 4:21 PM Flag

    The "trust me" part of the post was a joke that obviously went over your head, not surprised!

  • Reply to

    Trust me. It will be sold not bk.

    by tylerphan2010 Apr 8, 2014 11:32 PM
    iwonder1111 iwonder1111 Apr 11, 2014 12:51 PM Flag

    Trust me, if there was a buyer for a company that can't mine profitably, this company wouldn't have filed for restructuring already. Talk is cheap for the clueless that think the yahoo message board system can help protect them but you have to enjoy some of the attempts.

  • iwonder1111 iwonder1111 Apr 8, 2014 9:25 AM Flag

    "Marked" and categorized under "clueless buffoons."

JRCC
0.25260.0000(0.00%)Apr 16 4:00 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.