RE: Current Valuation... and the world never looked better!!! This is serious fear out in the market.
2 things about Cline. The goods are there BUT if demand is falling and going to fall, then coal can easily be worth 150-200$. The game plan for Cline was to start producing THIS YEAR when coal is 300$+. They screwd up BIG TIME. How can anyone trust what they have to say when they have bulshitted 3 times in less than 2 months.
I am a buyer at 1.90.
Good luck all, the carnage conytinues...