Cline Mining Corporation T.CMK

Ken Bates said they have been producing

[godman]

since they opened in December. At times they had to wait for inspections for a few days. As Elefant said they are talking about the Blue seam portal, which they will be mining in September as I estimated in an earlier post. Remember 1700 feet of tunneling is a long way, plus venting and conveyors have to be in stalled, that is a mile and a quarter in English.
They are focusing on samples for customers now and then once we hit the seam in September we will be able to get the three sections producing and then we will see commitment from customers. So CMK should be in good shape by October, November and then we will see where production will really be at. From now till then I do not think we hear much, because no customers are going to sign on the dotted line till we get our production at levels they feel comfortable with. 
If I was a suitor I think I would be taking a shot pretty soon, while everyone is in a bad mood, maybe August, as I said before. Remember we have over $100 Billion in coal in the ground, plus our other properties, so dont give your shares away, this is one of those start up companies that can make you very comfortable in your retirement, they dont come along that often and get to this state. Remember WTN went for $12 and they had twice as many shares and less coal in the ground. Keep accumulating over summer and fall and you will be very nicely rewarded very soon. JMHO

[cooper90]

Godman...agree with all points, but one. IMO, and based on the way other buy-outs have happened in coal and other small and mid-caps, I believe a few large US based coal companies have eyes on the New Elk mine. But, I don't believe they will make an offer until they see the production goals. It is IMO that once these highlights are released (as you have outlined) contracts, blue steam

[straightbull]

If the stock market is forward looking, the stock price should be appreciating now. We need a catalyst to get things going. An update from Bates can be that catalyst. The update can be very simple...say an update video (as previously discussed), an update on progress to Blue seam, etc. An update will also serve the purpose of reducing stock manipulation.

[biocanuck]

Correction required re "a mile and a quarter in English". 1700 feet is only  0.32 mi or less than a third of a mile...and that's in any language...LOL!

[godman]

Sorry I automatically think meters, I was thinking that was rather long to get to the coal down 50 ft, lol.