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Bullboard - Stock Discussion Forum Cline Mining Corporation T.CMK

TSX:CMK - Post Discussion

Cline Mining Corporation > Development Timetable
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Post by PG-Baby on Jan 03, 2012 11:38am

Development Timetable

From the news release on 30 Dec 11, I've compiled a helpful timetable checklist.

In my opinion, the introduction of a Super-Section is worthy of a NR. I would expect to hear something this week regarding the introduction of the first CMUs to the Blue Seam.

 

First week of Jan - +2 CMUs to Blue Seam (2 total) (Outstanding)

15 Jan 12 - +2 CMUs to Allen Seam (4 total) (Outstanding)

Feb 12 - +2 CMUs to Blue Seam (6 total) (Outstanding)

March 12 - +2 CMUs to Allen Seam (8 total) (Outstanding)

April 12 - +2 CMUs to Blue Seam (10 total) (Outstanding) 

First half of 2012 - Engineering / Feasibility study - Mine expansion (outstanding)

 

I am long Cline at the moment, so I am hopeful that management can meet these targets as well as keep us informed as they go. Would make for an exciting first two quarters of 2012.

Comment by ark88 on Jan 03, 2012 11:58am
Lets not forget that in terms of the share price, CMK will show strength for the next couple of weeks based solely on tax loss buying which ends on Jan. 23, 2012. So management get's a 'free ride' for most of January to get the Blue Seam up and running. As PG-Baby has nicely layed out, CMK has some serious money making catalysts for the first half of 2012. GLTA in 2012.
Comment by PG-Baby on Jan 05, 2012 2:33pm
I don't mean to toot my own horn (okay... maybe I do), but we heard something this week!   Next up I would expect news that we have 2 Super-sections (4 CMs) running full time, should be on the 17th to coincide with the previously scheduled update.   Good start to the year, more positive catalysts to come!
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