Post by
seanj1 on Aug 10, 2011 5:29pm
First sales..
If this news was released when the markets were in a better mood , SP would have risen much higher . I like the fact that TSX ended up rather than follow the US markets. CMK has been doing what they have promised mostly . Their projection of 2011 production was too optimistic, but they are sticking with their 2012 forecast of 3 Million tons/year. No one can complain about lack of any sales anymore.
Comment by
kensin on Aug 10, 2011 6:56pm
I agree, great news. Now the forward momentum starts. CMK got ahead of itself but now should build slowly over the next 18 months to a reasonable value of around $8.00. Time to buy is now. JMO