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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Cash on hand has somehow been trending upward for the past two years at ANR. Coal can supply 500 years of energy and will come back sooner or later. The only factor is which companies have enough cash to weather the consolidation in the industry. ANR should be one of them.