Mattybuoy

Alpha Natural Resources: My Favorite Coal Name

Sure, some met coal is used for power-generation I have no doubt. The point is, the price for it isn't determined by what's going with electricity. It's purely a function of the steel mills demand.

Besides, did I not see that 51% of Alpha's production went for export in this quarter? No-one will be transporting the stuff half-way around the world for making electricity.

Face it, it's a good stock! :)

Alpha Natural Resources: My Favorite Coal Name

Err you do realise that none of that applies to metallurgical coal, which is used solely for steel-making, and cannot be substituted.