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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Post by shane117on Apr 12, 2012 11:16am
335 Views
Post# 19785689

NEWS

NEWS

I can't believe it but I actually got through to Management!!! I called the Cline office and got put through to Dennis Marz. I now have his cell number and can call him anytime. Dennis stated that there is no reason for the sell off lately. To date, they have 6 miners (not all continuous) and 3 super sections. The original 20,000 tons of coal had to be sold as thermal. They have an additional 70,000 tons of coal mined and anticipate another 10,000 by the end of the month. They had a delay with the railway (insurance) but has now been sorted out. I asked about year end production targets and he said that it all depends on the market. If the prices of coal are too low then they may not produce as much. They are in training mode for the workers but says that everything is looking positive. I told him to tell Senior management that they need to put out more information and increase communication because we have all lost respect and faith in management. he said that he will pass it onto the CEO.   

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