RE: Question for JBBMinerHi Radioarno,
I've watched and invested in coal companies for a couple of years now. Mining business is not always what it seems. check Teck for example, everything is going well and at the least expected time a workers strike occurs. S$it.
However, back on topic. Cmk has done very well for it's shareholders. I have been asking the question to this board why the insiders have "dumped" the shares since the last quarter. But the response has been that their "taking profit" blah blah blah....
My point is to say that It's NEVER a good sign when they start to dump shares. However things have changed since in the market (flooding..ect...) and things are looking pretty good right now for producers. I have been posting a bit on the board and thinking about investing further into coal. however this stock/board hasn't answered lots of questions that you should be asking for a start up. Here are some things you can look forward to hearing from the company. IMO
share dilution (I need more $$)
Mine disruptions (under ground are the worst)
Cost overruns (how far are you going to be trucking this coal???)
Shipping concerns...
This should take us into sept. then its ... share dilution again (I need more $$)
I am not short CMK, but boy I should be.
I am into producers not start ups. This company is going to remind me of FIU in 2 years.
And for all those who read this, Making sure u know that this company isn't going to be mining 3mt until 2013 not the end of this year!!!
Still GLTA