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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Comment by ytkim79on Dec 13, 2011 2:15pm
332 Views
Post# 19317996

RE: RE: RE: Looking ahead(reply)...

RE: RE: RE: Looking ahead(reply)...according to an analyst report, the Allen Seam is already fully permitted and prodcution should be underway.  Allen Seam could contribute  up to 1.0M tonnes per year at full capacity based on the previous guidance.  Blue Seam permits are still pending.  The ventiliation and ERP permits are the pending permits.  Cline is ready to ramp up production on Blue Seam as soon as the pending permits are recieved.  Blue Seam could contribute up to 1.7M tonnes per year at full cap. 

I don't think they will announce any sales or recognize any revenue either until they start ramping up Blue Seam.
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