Cline Mining Corporation T.CMK

Dirt cheap in the Long Run!

[cooper90]

You need to look at your investment style, if you're short term CMK is not your play, but if you are longer term even 8-12 months out , this will prove to be a great buying opportunity......it's all about patience.

CMK value -
$100,000,000 million in cash with no debt or bank line, no partical ownership, 100% owned 
At 2.68-$2.75 once you strip out cash you get a value of approx. $430 million 
$430 million you get a mine site that has been fully upgraded and in production, as well, close to 400 million tons of high quality MET coal reseves
All additional equipment needs will be supported by cash on-hand 
Cash on-hand even with zero production will allow the company to support it's planned targets as far out as another year!  
Hiring is already happening and will continue to ramp up as trained miners take over the new Super-Sections and begin to move production towards a capactity of 2.75-3 million in less than 6 x months

On top of that even with the 1 x miner running Apache today, which has never been disputed and will hit 350K this year while the rest is ramping up, IMO all of this 350K will hit at once in Q4-2011 to the port and custmers, so in Q1-2012 when Q4-2011 earnings is annouced we will see Q4-2011 sales of approx. $105,000,000 million (350K x 300 per ton) which is .50 cents per share in earnings for the first quarter of actual sold sales production...what a way to kick off the new mine!  

At a SP just over $2 today not including cash on hand with .50 cents in earnings will have this stock start it's POP to crazy new highs....then continue to run higher on news releases of Super-sections, new higher volumes and Q1-2012 production highlights, than the buy-out mid-to late next year 2012....double digits my friends!

It's.....$2 right now people stripping out cash with no debt......holding and accumulating!!

Cheers!

[canteenboy01]

Actually, if you listen to Analysts on BNN, they say smart money is going into copper.  Several think the coal story has lost steam and doesn't offer the returns that copper will give in the near future.   2009 and 2010 were great years for coal, it's just no longer the flavor of the month/year. 

[liftingislife10]

So mainly I just read everyone’s thoughts as I do not take time to share too much insight unless I feel something is important and worth saying.  I fully agree with Cooper90.  Long run, this is the stock to be invested.  They will almost have to try and not make money based on all circumstances of their operations and market conditions.  Read my last and only post around the

[cooper90]

liftingislife10 Sorry I stand corrected, I meant $105,000,000 in revenue not earnings, you are right net is .25 cents, I actually work in the Tech industry (sales) and sometimes respond quickly and don't proof as well as I should.  Agreed even at .25 cents on Q4 2011 earnings what do you think the stock price will do when they show $105,000,000 in revenue, GCE is expecting .12 cents a