RE: RE: RE: RE: 4X Better Than Marret... shane117....why would you be investing based on someone else's opinion? They do not have a crystal ball to predict what is going to happen...regardless you should be somewhat relieved that the Marret Plan won't kick in after this deal is finalized, and there will be management changes. Hopefully with sales contract signed, and Cline becoming a low cost producer, they will be able to buyback some outstanding shares, if the capital costs are taken care of first! 700 million or so shares outstanding is alot better than having 4 billion shares outstanding...don't you think???
Cline will not go to $5.00 range again, but 1.00 and above is still possible. Where are those people especially mrderaful saying sell while you can and run for the exits as Cline is going to be trading at 2 cents......this is a really good deal if you read inbetween the lines for Cline and it's shareholders going forward, as we can now expect a sales contract to be announced soon.
The management and Cassy had it all wrong before, when they were trying to push into the China market with their coal, and not paying attention to India. I stressed this to Clave, the CFO of Cline, that India should be the focus, not China due to Australian miners controlling that market!