no one wants conti, page-7

Thanks volcano but I'm not sure I could handle it! As much as it hurts to see the SP hammered it pays to put this in context. Entire coal sector is getting priced as though coal will no longer be needed, plus RBay prices are hovering between $80 - $85 now - 2 year lows. Please look at the charts for Conti's peers - notice any similarities? Using the reasoning on display here then there should be hundreds of coal executives & managers getting sacked now.
Consider Patriot Coal in US - mining over 30mtpa with a 26% met coal component, and now with a MC not much more than Conti's! The coal sector is cyclical - and we are experiencing the bottom of another cycle.

Conti is a growth company. Penumbra is a 15 year plus mine, DeWitt is over 30years - Botswana resources will take many years to develop. These timeframes obviously do not suit day traders or those with very short term trading goals. If you have a Buffett mentality of holding for 10+ years then I am confident Conti will pay good dividends.

Lots to look forward to in coming months & years.

Stay cool :)