Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Bullboard Posts
Post by miner8740on Feb 09, 2011 1:01pm
339 Views
Post# 18102621

News Release Very Poor Guidance

News Release Very Poor Guidance200000 tonnes only in the next 6 months, very little revenue, production to increase in the last 2 quarters by 800, 000 tonnes which may unlikey given the mining conditions of waste rock with the coal. Rock will play havaco on mining equipment and wash plant. Another share offerring coming with the next month to cover the operating lost for the first 6 months. Maybe 3.40 for 25 million shares,  Currently they are mining only 1000 tonnes of ROM per 24 hr day based on the projections in the news release. Please read the geolgy report and you will see the mining chaleenges that will be faced at the Elk mine. Reason why everyone is dumping and trend will continue.
Bullboard Posts