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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Bullboard Posts
Comment by wjmon Jan 10, 2011 9:48am
417 Views
Post# 17947410

RE: RE: RE: RE: RE: I agree CMK will produce coal.

RE: RE: RE: RE: RE: I agree CMK will produce coal.
    Sounds like a good idea except coal cannot be sent back in containers (much too inefficient to load and unload that way. Coal is bulk cargo).  So at best coal ships would be redirected here from Australia.  The choke point is the loading terminals.  They are expensive to build an operate and there has to be a consistent long term need for one before anyone is going to pony up the cash to build.  Seaborne coal prices will continue to be volatile.  Which by the way is great for making money if you know the business well enough to play those swings.  
Bullboard Posts