CNX Coal: Bad Timing?

Is there a worse time for an IPO of a coal company? 

Or, is this the best time to realize maximum value in an investment?   Article link: http://goo.gl/fQEoPo

Given the recent pile-on by the press for all things coal, one might expect Consol's spinning off of its coal assets into CNX Coal may be a case of really bad timing. Could there be a more troubled industry to invest in?

There are certainly investments less likely to pay off than CNX Coal. When it is all over with, CNX will be the last company to mine the last carload of coal in the US, whenever that day comes. And that be for a long while.

So, until then they will operate their superwall mines in multi-market Pittsburgh 8 coal and continue a strong presence in the low vol met markets. This insures that CNX Coal will survive and possibly do quite well.