Monday, 17 August 2015

THE BATTLE FOR COAL IN THE USA

This article explains what is actually going on as coal company shares hit rock bottom with some filing for bankruptcy. But this is not the end for coal, far from it, the world is still hungry for the fuel, so this is just a short-term setback (one which will leave many current shareholders deeply out of pocket). In the longer term coal will rise again under new ownership.  

No comments: