RE: RE: RE: ANR CC Calls REALITY... I have never read anywhere that CMK has HCC. Perhaps someone can show me the proof. Meanwhile the Q4 pricing for benchmark HCC will be somehere around $200/tonne which means I seriously doubt that New Elk will be operational for the rest of 2012. CMK only had $16.9 million of cash and they have operating expenses of $900,000 per month plus a $2.5 million interest payment due at the end of the year. Even if CMK wanted to start up New Elk again in early 2013 they have no cash for capital expenditures. Coal mining is a capital intensive business and how can you run a coal mine with next to no cash. I haven't even mentioned that CMK also has to pay back their $50 million in debt. This company looks more and more like it will be bankrupt.