JRCC
ANR
PCX
Summary
They can't all go bankrupt, right? Well, even if they do, the remnants will of course be picked up by someone, with the debts written off, and other such post bankruptcy issues.
The key aspect is that if they keep losing money - I believe I'm right in saying ALL three companies are failing to make a profit right now, they will NOT survive longer than another 2-3 years.
I'd guess ANR will be fine in the long run, but clearly PCX/JRCC are at serious risk. Actually assuming they don't implode this summer, I think there is eventually a high chance of them being bought out by someone. Maybe the Chinese fancy a nice American coal mining company? Quite literally strip mining the USA..what a thought!
