James River Coal Company (NASDAQ:JRCC)
The Company mines, processes and sells bituminous, steam- and industrial-grade coal through five operating complexes located throughout eastern Kentucky and one in southern Indiana.
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James River Coal is going to benefit from the lowering cost of brushing systems that reduce unwanted gasses such as CO, sulfur etc. Plus at least 18 coal fired electical generating facilities are planned for constructioni8n the US alone. China is heavily reliant on coal fired electical plants. The company is very cost efficient in its mining processes.
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Beaten down energy stock, no where to go but up
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Will underperform, but best for either a turnaround or acquisition play with financials underperforming.
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