Cline Mining Corporation T.CMK

share price drop

[invinoveritas]

a quote from TD update this AM, financial result posted Friday after the close without a PR does not inspire confidence. 

.On Friday July 15, after market close, Cline filed its Q2/11 financial

results and lowered its 2011 full-year production guidance. The financial

results were not accompanied by a press release, which we would have

expected given the roughly 40% production cut

[brundall]

This post has been removed in accordance with Community Policy

[tired8]

I hear Keith Calder is looking for a new challenge!

[kidman]

Maybe Calder can do what Bates can't.  A man can shovel 4-5 tons in 8 hours.  With 400 employees Bates should of been able to dig his 35,000 ton in  a month by HAND.  With all his equipment they only dug 35,000 tons in 6 months (from December "production Start - B.S.)   And their best seam is a dud now?   This is a very bad joke of a company.  Yes the

[miner8740]

talk to the old miners in TownThey will give you a true prediction on the challenges that will be faced by CMKOld miners know the actual mining conditions more than Bates and his consultants who drafted up the report

[stockhousepundit]

What did the old miners say to you when you spoke with them?

[miner8740]

go to the town and have a coffee with them, they will explained of the challenges they had working the coal seams, it nice to get info from the horses mouthalso go to the library in town and dig up the old mining records which may give you some additional insight

[stockhousepundit]

So...when you had a coffee and a smoke with the locals what additional insight did you gain?Please share the information you gathered at the library as well.

[miner8740]

do your own DDwhat are you going do with all of the coal CMK is pumping out of the groundcosts are incurring at a rapid pace with very little revenue, please contribute to another share offerring at maybe 1.25 this time

[stockhousepundit]

So...What you are really saying is, based on your fictitious conversations with the locals over a coffee and a smoke, at the library, you are speculating that the next capital raise will be $1.25.  Well, that is the most sound thesis I have heard this morning.  Well Done! I'm convinced.