RE: RE: RE: There is no way they can start up agai Yes, so, IN MY OPINION only, Cline Mining stock at
.30 per share is a 6-12 month Call option on a recovery in hi-vol "B" coking coal. AND, IMPORTANTLY, the, "premium" paid of
.30 per share for the Call option may never be lost if/when Cline is acquired.
Is all the near-term bad news out? The Company is not producing, so they can't report production problems. The company has demonstrated that they have 6-9 months of cash liquidity, so they don't HAVE TO issue new shares anytime soon, (although they're always looking at it), there's no longer the overhang date for a sales contract, and there's presumably less shorting of shares to be done at
.30 vs.
.60.
Risk/reward is compelling in my opinion.