Coal shares are on a roll - JRCC +11.4%, ANR +7.2%, ACI +6.9%, WLT +4.9%, BTU +3.8% - but Paul...

|By:, SA News Editor

Coal shares are on a roll - JRCC +11.4%, ANR +7.2%, ACI +6.9%, WLT +4.9%, BTU +3.8% - but Paul Ausick reminds of the sector's long-running ailments: ANR is saddled with debt and its met coal business amounts to only 20%-25% of its shipments; JRCC’s met coal business is weak, and thermal coal prices aren’t rising very fast; ACI’s assets in Appalachia have been a drag.