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Bullboard - Stock Discussion Forum Cline Mining Corporation T.CMK

TSX:CMK - Post Discussion

Cline Mining Corporation > Check index
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Post by kensin on May 16, 2012 12:11pm

Check index

https://ca.advfn.com/quote-Dow-Jones-US-Coal

Not withstanding the miss management and arrogance to the shareholders overall demand is falling off a cliff.

It can't last and will likely do the same turn around as natural gas off its bottom but is UGLY !!

Comment by wallee1977 on May 16, 2012 1:20pm
Natural gas only started to rise becasue the amount of producing rigs closed at a steady rate causing supply levels to decrease.  A lot of the natural gas producing rigs were not profiting much as the price of natural gas was hugely dropping.  Hence the price went sharply to under $2 and the quick bounce back to about 2.60. If I would have stuck to playing HND ...more  
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