Has alot to do with the parody of the US dollar and the cost of producing per tonne of coal. This combined with the limitations on past production rates due to the methods used. I have worked in those areas and it is slow going. The only real increases in production have come from developing the areas for the new long wall blocks. Wait until the longwall is producing it will be a different story. Im supprised though its as cheap as it is and its really oversold IMO. I would buy more if I had more spare cash thats for sure.
GNM Price at posting:
19.5¢ Sentiment: Buy Disclosure: Held
