http://www.bloomberg.com/news/articles/2015-11-09/arch-posts-12th-consecutive-loss-as-liquidity-weighs-on-lenders
Arch Coal Inc. said it may file for bankruptcy in the “near term” as
the company’s cash flow can’t sustain its $5.1 billion in debt.
The
company is in talks with creditors over a "significant restructuring"
of its balance sheet, St. Louis-based Arch said in a filing Monday with
the U.S. Securities and Exchange Commission. The company may file for
relief under Chapter 11 whether it strikes a deal with creditors or not.
The well planned gutting of the Private coal sector is right on schedule. Now the .gov can step in and take over these companies for pennies on the dollar. Of course they are using the false science GloBull warming scheme..The same people who told you over the last 40 years to load up on high Carbohydrate diets, now look at us, High rates of Obesity and high cases of Diabetes....
http://www.energybiz.com/article/15/02/us-epa-continual-attempt-destroy-coal-mining-industry
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