Patriot Coal Corporation (fka PCXCQ)

[mwilmington]

This is taking on the appearence of a battle for a controling interest in this company that sits on massive reserves spun of from a peabody split. Over 60% if this stock is institutionaly owned. It's high BTU and metalurgical coal. I sits in areas that have nearly unfettered and close access to rail and barge transport. Is this your take on this? I've been invisioning a couple of different plays here and have already read the info you have in your post. I've seen most of there operations from the air along with some others. I can tell ya they don't play around when it comes to mining coal for sure. I wasn't suprise with the management shuffle. I'm really interested in your Ideas on the Play Here..

MW