The Company and its operating subsidiaries are engaged in the business of extracting, processing and marketing coal from deep and surface mines, located in the Central and Northern Appalachian regions of the United States.
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This is shaping up to be a deep value buy, manageable liabilites, no pension obligations, book value about 2x recent trading prices. Coal will be here for a very long time, providing electricity, heat and being purchased from the emergings & europeans for the same purpose. I like it. Building a position.