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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Comment by ark88on Jan 08, 2012 4:18pm
389 Views
Post# 19380335

RE: RE: RE: RE: RE: Jan 17 - 2012

RE: RE: RE: RE: RE: Jan 17 - 2012

Pastafagoli: we're not seeing eye to eye. What I posted is what I see with Cline and I'm basing my investment decision on it.all I can say to you is that I've owned at one time or another all the met coal stocks I've mentioned, except Teck, and more importantly, have followed these companies every day since 2004. Each of those companies have experienced many problems, some more serious than what Cline has gone through in 2011. None of those companies were 'ideal' takeover targets except for the fact that they were mining a valuable resource, met coal.  Simple fact is there are no more met coal companies left in Canada. Granted New Elk is in the States. The met coal market is hugely tilted towards the vendor. The question to ask is what are the buyers interested in.  Just look at WEstern and Grande Cache when they were taken out.  Do some research on these companies and you'll see that the buyers of met coal companies aren't so interested in the issues that you raise. It's all about controlling a valuable resource.

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