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Bullboard - Stock Discussion Forum Cline Mining Corporation T.CMK

TSX:CMK - Post Discussion

Cline Mining Corporation > Mr. Ken Bates
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Post by hoagy16 on Jul 04, 2012 9:40am

Mr. Ken Bates

Dear sir,

I dont know if you read these blogs but if you do understand that everyone realizes your latest

news release is just pie in the sky.Its all fine and dandy if you can do all that but right now

its irrelevant.What we need is a sales contract.What I would suggest is that you take a

lowball offer from the chinese if indeed you are negotiating with them.A 3 month contract

for 70000 tons per month at a minimum $100/ton.One of those panamax boat full of

cline coal every month for three months.That will accomplish 2 things.

1. It will establish cline mining as a PLAYER in the international coal markets

2. It would bring in about $21m in much needed cash flow.

It doesnt matter right now if you sell 200,000 tons at a loss.you have 680,000m tons

up on the mountain.Lets get the ball rolling here.Baby steps.One step at a time.

sincerely

 

a frustrated s/h

Comment by aatwal on Jul 04, 2012 11:01am
I too wrote an e-mail to Bates and the new IR company....no response yet.  I took a page out of Eigen's post to get points accross to the management!  I think they are being bombarded with emails and calls as we speak.  These guys still think we are bunch of idoits, and we would believe everything that the management is saying!  See below for the copy of my email:   ...more  
Comment by straightbull on Jul 04, 2012 11:13am
Bates is nothing but a one trick pony. And not a very good one at that. All he ever does is hype, BS, and make empty promises. He has no credibility. Bates should have been put out to pasture a long time ago. How can this company survive with this incompetent management? 
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