Oxford Resource on the move after Seeking Alpha article

|By:, SA News Editor

Oxford Resource Partners (OXF +3.2%) continues higher after yesterday's 21% rise stemming from a positive Seeking Alpha article by GuruFundPicks which says a recent debt refinancing leaves OXF free to execute on a turnaround plan.

Operations are turning around, according to the article, and OXF should enjoy improved production at its Appalachian mines, which does not seem to have been modeled into analyst projections.

As coal reaches a positive inflection point, shares could have 50-150% upside.