Given how well the Street reacted to Penn Virginia Resource Partners' (NYSE:PVR)
announcement that it was acquiring Chief Gathering in a transformative
$1 billion deal, the time between now and closing will probably seem to
drag a bit. After all, few investors are keen on thermal coal at all
right now, and especially the Appalachian coal that makes up so much of
PVR's asset base. Luckily for new investors, there still seems to be
room for further appreciation, though it comes with added execution
risk.
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