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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Comment by Coalmnron Mar 19, 2014 11:23pm
330 Views
Post# 22344385

RE:RE:RE:need word from our CIO

RE:RE:RE:need word from our CIOHi there, sorry for the late reply. I have found out that the mine has sold two continuos miners, the last eat has been sold three days ago. They are bein sold at about half the value that cline bought them for. Other equipment has also been sold and also company trucks have been given to local suppliers as payment. No coal sales contract or a buyer for the mine had been found. But a local colorado outfit is in the talks as of today in a highly possible sales contract. The mine has 18 employes working at the mine but they are just doing upkeep maintain s at the surface. I will keep this board posted with any more info as it becomes available.
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