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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Comment by GUNSSon May 25, 2012 10:08am
236 Views
Post# 19945722

RE: RE: RE: RE: RE: Great news...618.9Million Tons

RE: RE: RE: RE: RE: Great news...618.9Million Tons

Good, so we agree that at $300 coking coal any company can be profitable.  But, how many companies can turn a switch and ramp up AN INCREMENTAL 3 million tons within a year or so, (assuming the likes of a Peabody are in charge).  That optionality is valuable.  Peabody has zero tons of coking coal production in the U.S.  Arch, Clould Peak and Alpha would benefit from buying Cline as well, but under current coal conditions, it's too big a bite for those guys to chew. 

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