worth watching maybe bounce back, page-7

Hi all,
Like many got caught up in the 'hype' an bought at the higher prices during 2010.

CCC is my only exposure to coal.I consider the Company in far better shape than 18 month's ago---they have increasing production---growing resources(Botswana)possibly (Colombia)

Penumbra coming along nicely-'state of the art' underground coal mine--no short-cuts--remember the hold-up with permitting--to make the mine more efficient they shifted the mine entrance--I admire that attention to detail.As another Poster quoted 'what management have control over has been 'running sweet'( the day to day running of the mines)

I have recently averaged down--consider it's good buying at these levels--long term investor--hope to break even after Penumbra comes into production.

Investor sentiment has temporarily shifted into the oil/gas sector--coal is going to be needed in increasing amounts for electricity demand--nuclear power facilities are longer term & are expensive--just my opinion.

Good luck all ---hang in there ----Cham