RE: re: capitulation phase or more to go? R u guys for real? Stop with the day-trading mentality and look at the REAL Cline....
No mining experience
No Money
Never made money. Ever.
No coal buyer
No rail to the mine
Poor coal quality
vintage wash plant
high labor cost
poor safety record
inexperience at all levels
awful upper management
laid off the work force they had
huge cost to get the coal to market
AND NO SALES CONTRACT!!!!!!!!!
The ONLY way they survive is to be SOLD to a buyer that will overlook all of the above. WHo might that be OH all powerful and knowledgable day-traders??????