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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Post by seanj1on Jul 24, 2011 11:28am
444 Views
Post# 18866230

CMK 2012 vs GCE

CMK 2012 vs GCEIt is absolutely right that CMK is way undervalued at current prices with regard to its future production of 3 million tons per year. GCE has a market cap of more than $900 Mil while CMK market cap is less than $400 Mil . GCE is producing less than 2 million tons / year . By that comparison CMK should be more than a $1billion company with production rate of 3 million tons/year. That translates to above $6 in potential SP... This does not take into effect the fact that market for met coal will be hot in coming years. Also don't forget CMK's vast reserves.

Company has posted some new photos..

https://www.clinemining.com/projects/gallery.html
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