EXHIBIT 12

James River Coal Company
Computation of Ratio of Earnings to Fixed Charges
(dollars in thousands)

									Predecessor Company
													Year Ended December 31,
	Pro Forma Three Months Ended March 31, 2005		Successor Company Three Months Ended March 31, 2005		Pro Forma Year Ended December 31, 2004		Successor Company Eight Months Ended December 31, 2004		Four Months Ended April 30, 2004		Three Months Ended March 31, 2004		2003			2002			2001			2000
Earnings:
Income (loss) before income taxes		1,503		378		9,239		2,767		107,989		411		(59,652	)		(67,222	)		(26,527	)		3,382
Fixed Charges		3,307		2,262		13,325		5,918		678		486		18,745			30,101			24,142			17,930
Total Earnings		4,810		2,640		22,564		8,685		108,667		897		(40,907	)		(37,121	)		(2,385	)		21,312
Fixed Charges:
Interest expense, including amortization of debt issue costs		3,223		2,186		12,995		5,733		567		403		18,536			29,883			23,923			17,706
Estimated interest factor of rental expense		84		76		330		185		111		83		209			218			219			224
Total fixed charges		3,307		2,262		13,325		5,918		678		486		18,745			30,101			24,142			17,930
Preferred dividends		—		—		—		—		—		—		340			680			595			714
Total fixed charges and Preferred dividends		3,307		2,262		13,325		5,918		678		486		19,085			30,781			24,737			18,644
Ratio of earnings to fixed charges and preferred dividends		1.5		1.2		1.7		1.5		160.3		2.2		—			—			—			1.1
Deficiency of earnings to fixed charges and preferred dividends		—		—		—		—		—		—		59,992			67,902			27,122			—