RE: Russell Stanley,Jennings target
The future CMK chart will most likely look like this one click 10 Y chart
https://www.google.ca/finance?q=TSE:CCJ
$ 7.8 to 0.05 c DELISTED
Huge 100% swings 0.05 c to 0.1 c - a paradise for sick- ego dudes . GO GO GO LOL
A REAL PRODUCER, 4 mt ,serving metalurgical clients too
Haven't you hear somewhere IDENTICAL PUMP ?? ..see below
IDENTICAL "GRAND PLANS" / NUMBERS - AND NO MONEY TO GET THERE ?
Jun 8, 2008
La Francia currently produces 2 million tonnes of coal annually.
Ramping production up to 6 million LOOOOLL
ACCORDING TO CMK CAP ,which didn't produce /sell ANYTHING YET, and wants to produce 1/2 of La Francia
La Francia shall cost $ 800 m + double FINANCED production = $ 1.5 B
+ quadruple prod in 6 months , 1/2 financed = $ 3b
Well , AFTER LOSING most of the $ 120 m PP money ( same as CMK will)
sold 2 y later for $ 100m= 50c CMK sh equivalent for 2 x bigger mine = 25 c CMK
Coalcorp expects to reach a 4- million-tonne mining rate by the end of 2008- =in 6 months = as rapid PLANS for prod "acceleration" as CMK LOL
. It will take until the end of 2010 = 2.5 Y, to reach 6 million tonnes of coal production per year.
(CMK didn't put a date on that yet ..just floating the fishing hook now )
The main goal of the expansion is to allow the company to take advantage of high spot prices for coal.
LOOOOL
WELL ,IT IS end 2010 - CC is no more - DELISTED
They had 3.5 million tonnes of annual rail capacity.
The company has also started the process to acquire an additional 2.5 million tonnes of annual rail access for 2010 and later.
They needed "ONLY " $ 240m to do that ,
GMP clients - dead by now -, sunk $ 120 m in PP
TWICE AS MUCH as in CMK .
They are now in a money heaven LOOL
So ,will CMK ,PP placers .
I am too lazy to find out the analysts targets for CC - the same ones who pump CMK now .
But you get the drift ...go... go .. go Loool
Join me in this song
AAAAAMAAAAZING GRACE .......
regardless of your sins of blind greed ,your soul can be delivered from despair through the mercy of God,
Geeeeesus