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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Comment by straightbullon Dec 15, 2011 5:19pm
311 Views
Post# 19326822

RE: RE: Refreshing !

RE: RE: Refreshing !

One miner produced enough coal from January to July to enable Cline to:

Sell 10,000 ton for trail to a client ( Thats a client with a C, They certainly did'nt give it away)
70 -80 thousand ton for bedding
And a 20  - 30 ton stock pile

If my math is correct  that would be a total of between 100 - 120 thousand ton from one miner in 6 or 7 months

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I believe the October NR stated a total of 75,000 tons of coal was mined up to the end of August (8 months of production). This is why investors are concerned about their ability to achieve the 200,000 ton target by the end of December. I believe the 200,000 ton target is possible with the three continuos miners they stated were being used if all goes well.

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