A private-sector coal company which conducts its business through four principal operating segments: Western U.S. Mining, Eastern U.S. Mining, Australian Mining, and Trading and Brokerage.
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I think coal has bottomed because it trails nat gas prices which are off their lows. BTU and JOY are nicely undervalued even at today's low coal prices because they produce good earnings and cash flow. Imagine if coal regains price per kJ parity with nat gas...