RE: RE: This how I like to see a company run.If CMK produces 1 million tons at $100 profit that is true, .58. If it is 2mil, $1.16, three mtns is the expectation for this year is three mtns and would be 1.74. Two years projection is 6 mtns so that is 3.48 x 10 = EP of $35. Sorry I must have divided by the 135 mil shares posted, was a little late when I did it and had a couple of drinks. Still that is projecting costs of $175 a ton on $275 met coal which I think is pretty conservative, considering met spot is at $400 plus.
The commodities are taking a beating, but is the world population shrinking, is China and India going to stop growing tomorrow, I don't think so. Even if there was no growth GDP growth in the world we still require the existing level of commodities.
This correction is the usual May BS and should last a couple of weeks. The friggin shorters, which are mostly MMs are screwing things up in our world, this shorting is BS PERIOD. It is NOT a true reflection of the majority of share holders and is just a way of screwing the little guy. Peeves me as you can tell.
I am not pumping this stock for anyone, I know where it is going, just want the small guys to get some of the REAL action and not the nickels and dimes thrown once in a while to us.
Watch the game for the next few days, little crumbs will be thrown to us and then pulled away etc etc.JMHO