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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Comment by ark88on Feb 21, 2012 1:13pm
451 Views
Post# 19561918

RE: Walter Energy Pricepoints...

RE: Walter Energy Pricepoints...

Eigen, thanks for that. As I've posted previously, Walters report confirms the closing of the price gap between PCI and HCC. It is nature to assume that producers will always find ways to achieve pricing advantage through reducing input costs. I do believe HCC blends like what New Elk is producing will see similar pricing activity like PCI over the medium to long term. However, I do anticipate some softer pricing initially with New Elk coal mainly because Cline will have to offer a discount in exchange for potential new long term contracts.

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