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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Post by bond46on Sep 16, 2012 8:25pm
345 Views
Post# 20374082

RE: 10million tonnes clean coal?

RE: 10million tonnes clean coal?

Are you sure you gentlement you have the numbers right? This is a far cry from the three million tonnes a year and 60 million tonnes over the 20-year period. With a 10million clean coal and an average price of say$160 the yearly production is only 200k the profit margin makes this mine unsustainable. Say with a 30% net it's only 9million a year and a .045cent per share profit margin. And with a p/e ratio 5 the price of the stock will be where it is today. No, there has to be something wrong in your math. Check it out.

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