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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Comment by bond46on Apr 21, 2014 10:25pm
256 Views
Post# 22474759

RE:RE:RE:New Elk Coal

RE:RE:RE:New Elk CoalYou don't seem to see far beyond your nose pal; some of the things you're saying may be true. But if you think you know the solutions to the problems of this mine, why don't you write them a letter and show them the way. And if not that, this board is an open forum publish them here and I am sure they'll get the message sooner or later. Tell them, for instance how to secure a sales contract in this downside market; tell them how to find financing to use as operating capital; tell them how to go about and pay off their creditors since the company is in default and the creditors set the rules of the game now. Tell them where to find money to keep the lights on and not to sell company assets since they have no revenues from sales. Tell them how to issue stock and get financing when the stock is worthless at 0.005 cent. Tell them all these things when the call market has hit bottom and met coal companies are shutting down one after the other the latest being the WLT. Tell them how to sell met coal of B quality at the market that the hcc is $110 per metric tonne while according to the Agapitos Plan this mine is operation with a total cost of $150/tonne. Tell them how to reduce production costs below the spot met coal price of $105/tonne. Go ahead and tell them and also tell us on this board how all this can be achieved. Waiting for your wisdom.
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