what value our coal?

I believe we have at least 7 billion ton of coal. At present market cap, that makes it less than 5 cents per ton.

There is someone accumulating at the moment. Note the lids they put on price tonight.

I know markets have changed but read tis article about McArthur, and what Peabody paid!

What do you think?


http://www.thedeal.com/magazine/ID/044040/features/ma-deals-of-the-year-peabody-energy-macarthur-coal.php