James River Coal Surges On Inventory Prospects Concerning Central Appalachia (NASDAQ:JRCC)
James River Coal Co. (NASDAQ:JRCC)
As the Dow attempts to rise past 15,747.79, let’s take a look at James River Coal Co. stock symbol JRCC. James River Coal Co. specializes in coal within Central Appalachia and the Illinois Basin. The Company is currently experienced a surge of +16.95% Up 0.20 with close to 2 million shares in play at a price per share value of $1.38 November Wednesday 13, 2013 1:26PM EST. So why is James River Coal Co. the topic of discussion you ask? The answer is that their mines are exceeding expectations concerning cost and capital control.
The Company (www.jamesrivercoal.com) previously reported reduced mining costs in Central Appalachia for Q3 2013. James River Coal Co. is continuing to look over options to strengthen the balance sheet and make better liquidity. This Company’s has done a great job of adjusting to the soft market conditions and the high levels of uncertainty and concern that surround the coal industry of Central Appalachia. Read article and disclaimer at http://pennyotcstock.com/20257/stock-alerts/james-river-coal-surges-on-inventory-prospects-concerning-central-appalachia-nasdaqjrcc/
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