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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Comment by godmanon May 31, 2011 2:56am
526 Views
Post# 18647803

RE: coking coal hunt

RE: coking coal huntWOW TRC up to a whopping 500,000 tons by 2013.
We are a failure at 350,000 tons, according to a few, in our first year, with one continuous miner working. 
 If met coal prices hold up till 2013 we could well be a $22 stock with a PE of 10. 
A seven bagger in two years plus a .50 dividend, not bad IMHO
Hopefully we don't get bought out before then for anything less than $15. It will be hard to find a replacement stock of this quality again with so little risk left in the play, not with standing the world economy going for a crapper, where you could get in under $2. 
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