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.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Comment by cooper90on Oct 10, 2011 10:43am
373 Views
Post# 19134460

RE: RE: RE: TSX

RE: RE: RE: TSXGreat post Mieky48......on every aspect

#2 - Stock piles alone (plus ongoing replen from existing operations) will allow them 200,000 tons of truck to rail local spot market shipments to hit a further $32,000,000 million (200,000 tons x $160 per ton spot) in revenue in the back 2 x quarters if not some already in the coming guidance report for Q2. 

This supports another $32,000,000 by year end (with lots of tax loss to take advantage of this as NET revenue) plus the $40,000,000 from the BC mine sales, plus over 50,000,000 million in cash in the bank, plus an unused 50,000,000 million CF, and no debt at all.....so take all the cash out....at these stock prices your are getting the mine for 100M, crazy cheap anyway you look at it.....

On track to starting full production and can use road access and trucking for as long as need be as they have been already for the first few FULL rail shipments in spot locally.

Flush with cash, no debt, fully upgraded mine to all newest standards, new machinery, miners, and a great team in TK supporting the operations......Governor going to tour so a real poster child company for old fashion USA hard working mining company set to produce something industry needs for years to come....majors are just waiting for execution and BOOM this is gone like WTN...... 

It's just a matter of timing before annoucements on BLUE...and the new Supersections start full production....can't wait!!

 
<< Previous
Bullboard Posts
Next >>