RE: RE: RE: RE: POS Management! You are not the first to say that, although if that is true than we just went through the worst bull market ever, as most resource stocks when you adjust for increased earnings and cash flows on a per share basis, are approaching generational lows in terms of valuation. Nice bull market.
I sold most of Cline last year. Hold a riduculously small amount of shares at this point, mainly to keep me interested. Coal is out of favour, and will be for some time. I fail to see how Cline can thrive in this environment. Not a good market for a financing, a buyout or strategic partner may be Cline's last hope if this horrendous market continues and material progress is not reported soon. The deafening silence says it all.