MondayJul 21, 2008 12:50 pm

Dutton Associates Featured Company: National Coal Corp. (NCOC)

National Coal Corporation (NASDAQ: NCOC) began operations in 2003, engaging in the mining, processing, and selling of bituminous steam coal from mines located in East Tennessee and Northern Alabama. Founded by a former analyst from Merrill Lynch, they have focused on consistently delivering high quality bituminous steam coal to their customers while building a foundation based on increased productivity, superior land reclamation, strategic partnerships, and a commitment to a strong safety policy. The company sells most of their production to electric utility customers, with the largest ones being South Carolina Public Service Authority, Georgia Power, and Duke Power. National Coal…

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WednesdayJul 16, 2008 7:17 am

Clear Blue Skies Ahead for National Coal Corp. (NCOC) Business

The price of this stock at the start of the third trading week of July 2008 was about 50% below the 52-week high of $10.83. The Earnings per Share have disappointed investors at -1.49. However, no coal industry stock should be “written off” at the stage. Indeed, a careful review will show that the corporation has excellent future business prospects. Annual sales growth during the Most Recent Quarter has exceeded 85%. The company owns and leases about 100,000 acres of coal-rich lands, which are supported by extensive infrastructure for logistics. It has top electricity utility companies on its rolls of…

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