For anyone interested I suggest that you read the Peabody's assessment of a 30 year coal supercycle in the early stages and to kick around 2015. What these people are doing is buying and starting to build infrastructure to accomodate that move. They are not concerned about any weekly or monthly move but looking over a generation. I reckon that we will see some more M&A in coal and gas. AND top of the pile is MCC.
wonderful wednesday, page-44
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