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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Comment by godmanon Jun 23, 2011 10:49am
254 Views
Post# 18755458

RE: monthly pricing

RE: monthly pricingIt just amazes me that these steel mills do not buy a mine like Cline, I think a lot of steel makers used to have their own mines. This mine would be a perfect mine for RINL, they could get production up to 6 million tons and have a secure supple for 50 years. Just blows me away, they are paying $1.8 billion a year for coal and could buy this mine for that and in two years basically have coal at production cost of $180 a ton. Imagine the competitive edge you would have. I wonder what I am missing or they are?
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