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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Bullboard Posts
Comment by miner8740on May 16, 2011 12:28pm
415 Views
Post# 18582152

RE: $3.11

RE: $3.11anyone with coal mining experience knows that it take years to bring mine into production after the mine is sitting idle for years

you have been taken for a ride if you really beleive CMK may produce 1 million tonnes in the first year, most likely it may take 3 years to reach such target

with no working capital, it will be hard to generate production increases

maybe another sp offering coming but at this time maybe 2.00, if they actually get someone to buy

reason why no potential buyer because maybe of the risk s as noted in the last news release
Bullboard Posts