Wyoming is actually in talks to work out a deal for anr. Anr went all in with the chapter 11. I is up to Wyoming to call their hand.
look at the chapter 11 filing for gm. debt was twice as much as assets. anr actually filed with more assets than debt so think again.
i started buying 2017 call options @0.88 pps. I also bought puts in ung for a hedge. I just started buying actual shares at .50 and .27. Elections are coming soon. Supreme court is aware so they stopped drinking obama's epa coolaid.
they already told you they bought the jv and were going to drill wells within 30 days. Where did you think the money to do this was going to come from? They will do a debt offering based on the extra land and the soon to be producing wells and pay off the credit card before it matures.
check out the amount of coal exported from usa to china. very small amount because most of it comes from austrialia.
people are #$%$ just like Chinese stock investors. They bought out jv to drill wells so they can start producing when lng starts exports. They need immediate funds to start drilling asap. This is what revolvers are for dummies.
Sentiment: Strong Buy