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Bullboard - Stock Discussion Forum Cline Mining Corporation T.CMK

TSX:CMK - Post Discussion

Cline Mining Corporation > article changed
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Post by ckstar83 on May 05, 2012 1:47pm

article changed

now it says "He said the company had hoped to ship 1 million tons of coal by the end of the year, but now feels that 500,000 tons was a more realistic goal considering the fall in prices."

 

it used to say company hoped to ship 1 million tons of coal by the end of may,

 

so maybe this is while the big sell off a couple of days ago, they might have reduced their production goal to 500k for the entire year............

THIS IS EXTREMELY DISSAPOINTING AS A SHAREHOLDER AS NO NEWS WAS SAID BY COMPANY, they even put out a press release saying nothing changed in their business operations.

Comment by straightbull on May 05, 2012 2:24pm
If they say they hope to ship 500,000 tons this year, they will be lucky to ship 250,000 tons. By the way, who is the buyer of the coal? Still many questions unanswered. Their story is changing everyday. It is evident management have lost control of the business. Everything looks bad.  Will set new lows this week.     
Comment by scobie on May 05, 2012 2:38pm
sad to say, and I am a long time holder, Bates has done nothing but b.s., so why in hell would anyone believe anything he has to say, let alone front him money.  We gotta GET HIM GONE.
Comment by shane117 on May 05, 2012 9:26pm
I just went to the Trinidad times website and seen that the article has not chnaged and remains the same. It says nothing about the end of the year.
Comment by seanj1 on May 05, 2012 10:18pm
I like the following comment in the article :   "He thanked commissioners for their support, and said the company has gotten the Colorado Division of Wildlife to expand the area the company leases from the state. The agreement increases the mining area from 15,000 acres to 30,000 acres."
Comment by scobie on May 05, 2012 10:24pm
I like it too.  Is it true?  No PRelease.  Just an another article.
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