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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Comment by miner8740on Oct 05, 2011 8:23pm
341 Views
Post# 19123626

RE: O

RE: Ocmk may be using 10 million per month on working capital and capital expeditures, at this rate most of the capital raised in the last period may be exhausted and reason for a new line of credit

they may still need another 100 million for proposed longwall mining

mining conditions may be difficult causing production targets not to be achieved

news may be coming soon on the challenges cmk is facing
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