Average Down
Are any believers out there averaging down? Averaging down can be dangerous as picking a bottom is very difficult. At one time this stock in the low 3s seemed like a steal (actually is was a steal for the seller at that price).
The company is still saying a run rate of 3M tonnes by the end of Q1/2012 which i beleive is Feb 2012.
Many commodity analysts are projecting ongoing strong demand for met coal.