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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Comment by mr1derfulon Jul 11, 2012 3:09pm
337 Views
Post# 20103528

RE: RE: re: truth is coming out(reply)

RE: RE: re: truth is coming out(reply)

Eigen. The "low quality "of the coal is reflected in the price this coal receives in the marketplace when compared to hcc. I would be willing to bet that if New Elk had premium hard coking coal as reserves you would be seeing interest in their product from established steel producers in Europe, Japan, and South Korea. Instead, Cline was hoping to sell their boat load of coal to a Chinese buyer who probably low balled them on the price and then walked away from the deal.

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