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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Post by ckstar83on Oct 18, 2011 11:53am
243 Views
Post# 19159371

high vol coal price

high vol coal price

hi everyone,

i read these coal notes reports from jennings capital here and there.

in their weekly coal report on october 14

they stated;


Pricing – As reported by Energy Publishing, pricing for both low-vol

and high-vol metallurgical coal declined slightly this week to

approximately US$267/metric tonne and US$257/metric tonne,

respectively. By comparison, the settlement between Anglo

American and Japanese buyers for the December quarter was

US$285/tonne, down from US$315/tonne for the September quarter

and the US$330/tonne peak in the June quarter.

does this mean cline could maybe get around $250USD for its coal ....obviously before shipment costs....????????

any thoughts on how this pricing reports from energy publishing might transpire into Cline's advertising/sales  tactics?????

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