Cline Mining Corporation T.CMK

Coal Sales

[cokeexpert]

This is all well and good.  Trouble is, the mine economics don't work for prices below $120/ton.  Selling this amount of coal at whatever low price they will receive is like Microsoft selling only bubble gum to get by...coal needs to be sold at met coal prices to stand any chance of LT success.  It is hard to see how it is even worth while to pay salaries to mine such a minor volume...seems like this is just a band-aid on a gushing wound.

[bond46]

I don't think the intent of this 1000-ton production is to sell it to any end user or to go into full production at this point. The met coal market has completely collapsed and unless the majors cut back on supply, there is no hope for the juniors.The sole purpose of this sample is to test the quality of the coal since the samples taken by the original Plan by the Agapitos may not be

[Coalmnr]

The mining process has began as scheduled on May 5th. the 1,000 tons are going to be sent a potential buyer of the coal at about 120 miles away from the mine. The 1,000 ton is just a sample that will be provided for the potential buyer, a 10,000 ton is the first order that has been placed by this potential buyer. From what I hear from workers at the mine, is that the potential buyer has ordered 10

[bond46]

Right on, CIO, you have the most accurate and realistic understanding of the situation down at the farm; keep up the good work.

[riverrocks]

Yes once again thanks to our CIO.

[riverrocks]

Three years ago with this news we would of been the cats meow. Someone told me that Merritt could been buying all the OTC stocks once we got down to the penny and below. So lets hope the miners and new management can make this work this time. There is a saying I use when I go hiking to the ones that race up to the top. The old man might be the slowest but I see more on the way.