Cline Mining Corporation T.CMK

Port Capacity

[thunderboy05]

I'm sure the stock would have jumped at least $1.00 if the markets were not so negative. Nice video on the cline web site, must have spent 3 months making it. (no wonder they have been so quiet).

Anyway Reuters has a june 9th FACTBOX that shows all the ports and their capacities in North America. It states (SEE BELOW) that the port capacity is 2 mill tons, so how do we get to 3 mill tons if the port cant handle it?

Just asking.

 Below that is a list of existing export capacity.

 PROPOSED NORTH AMERICAN COAL EXPORT EXPANSION

 * Burnside Bulk Terminal; Mississippi River, 60 miles (95km) west of New Orleans, Louisiana; operator, ImpalaWarehousing, unit of Trafigura [TRAF.UL]; capacity planned upto 11.5 million short tons per year.

 * Port of Morrow; Columbia River near Boardman, Oregon;coal throughput Ambre Energy, which acquired an option to leaseland; capacity planned unavailable.

 * Gateway Pacific Terminal; Whatcom County, Washington;operator, SSA Marine; coal throughput, Peabody Energy (  BTU.N),24 million short tons per year.

 * Millennium Bulk Logistics, Longview, Washington; ownersAmbre Energy and Arch Coal (  ACI.N); 5 million short tons a yearinitially, eventually up to 80 million.

 * Corpus Christi, Texas; operator Port of Corpus Christi,coal throughput Cline (  CMK.TO) of Canada; 2 million short tonsa year.

 * Houston, Texas; Kinder Morgan (  KMP.N) Bulk Terminal,operator Kinder Morgan; source of coal throughput undisclosed;2.2 million short tons a year.

 * Ridley Terminal, Prince Rupert, Alberta; coal throughputArch Coal, 2.75 million short tons annually for Arch.

 TOTAL PROPOSED ADDED CAPACITY: At least 54.5 million shorttons initially, up to 129.5 million eventually.

 ESTABLISHED U.S. COAL EXPORT FACILITIES:

State/Terminal Max nameplate capacity 2010 exports

 (mln short tons)