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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Comment by miner8740on May 24, 2011 6:50pm
399 Views
Post# 18620195

RE: Proceeds from the OFFERING...

RE: Proceeds from the OFFERING...Still may be a major shortfall of capital monies to take this mine to the next level, chewing up 7 million per month only on operating costs with no production and only 1 mining machine, with 2 mining mining machines the operating cost can easily double

Still a high spec play, geological and ground conditions may be the next issue to prevent full scale mining
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