RE: RE: RE: Cline Mining (reply)...Ark88 just picked up more shares also....I was awaiting this back stop to assure they can weather the storm, with lots of cash onhand and the new CF I think these guys just killed the uncertainly about another possible stock issue, and if they have enough money to weather a year of recession.....great move I am a holder for a long while now!
I little late but hey.....maybe they use nothing on this CF but have it in case. At 10% it's a few million annually on half the CF used, if they do anywhere near 3 million tons in the next year we are looking at 500M in revenue with lots of tax loss breaks for years to come even at 200 per ton and that is trucking it for a while.....
Like anyone one in town are going to complain about the trucks on the highway when they all have jobs in a down market
Cheers CMK management!