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Thread: Coal

  1. #1
    Join Date
    May 2007
    Location
    New Zealand
    Posts
    2,519

    Default Coal

    BTU Peabody declares bankruptcy:

    http://money.cnn.com/2016/04/13/news...oal-bankruptcy

    New thread created as the existing coal thread was closed?

    BTU/Peabody was previously discussed at length and recommended here.

    Maybe it's a case of the 2nd owner(post bankruptcy/asset acquisition) that makes the profits as GRG55 has stated in the past.

  2. #2
    Join Date
    Mar 2007
    Location
    Reston, VA
    Posts
    2,268

    Default Re: Coal

    Maybe so, but I'll wait past the election to make any decisions given Hillary's vocal antagonism against coal.

    Have to admit, I was shocked to see BTU beaten into the sand. I knew it would go down, but I didn't expect it to go under.

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