To: rktman
Not to worry, George Soros will come in and buy the company at fire sale prices just like other coal companies.
10 posted on
04/13/2016 8:10:40 AM PDT by
mountainlion
(Live well for those that did not make it back.)
To: mountainlion
"Not to worry, George Soros will come in and buy the company at fire sale prices -- " Even Jim Justice, democrat candidate for governor in WV is buying back the coal mines that he sold to finance his purchase of the Greenbrier Hotel. Pennies on the dollar indeed. Part of Peabody's and other coal company bankruptcies may be designed to bust what is left of their union pension and healthcare obligations. If China's economy starts to recover, American coal will recover if costs are lowered. Obama has made exports in coal the only way to survive.
18 posted on
04/13/2016 8:26:24 AM PDT by
buckalfa
(I am feeling much better now.)
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