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Bullboard - Stock Discussion Forum Cline Mining Corporation T.CMK

TSX:CMK - Post Discussion

Cline Mining Corporation > Name Change
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Post by pastafagoli on Aug 25, 2011 1:51pm

Name Change

In light of the stock performance in 2011 I vote that cline change its name to De-cline mining.

Its very quiet on this once popular and busy board.  Did everyone sell and move on ?  Ark, Godman, Wolfhunter , what ever happened to Bored Housewife ??  Althouth I have some bashers on ignore they do not seem to be here anymore.  I guess they figure at $1.70 its hard to push it down that much further.

It seems short term problems outrank long term fundamentals of this company.  The stock hit $5.00 in Jan before the increase in the coal reserves.  Yes start up production targets were missed (does anyone ever hit them?) and a financing was done because of these missed production targets.  Yes, the company did not tell anyone that a financing was required.  Why ? will everyone would sell/short and the financing price would be underwater.  I was as angry as everyone else.

Coal quality expectations have not changed so that can't be the reason for the huge drop.

As many people are, I am trying to reach the right people in cline to get answers to the following questions.  Does anyone know:

Continuous miners:

My understanding - 1 is working and a 2nd is about to be operational.  How many are onsite, how many are operational and how many have been ordered?

Updated production targets for 2011 - Still 200,000 ???

Longwall study status ???

Expected coal pricing relative to the standard

Customer contract status

Current cash position - we will find out cash at Aug 31 but not until mid Oct when they report

What is Mitsui doing for them - they are coal marketers - are they not helping sell Cline's coal ??


Thanks


Pasta


Comment by Tinyhopes on Aug 25, 2011 2:53pm
   I posted last monday after I talked to Jennifer Bates. If you call her  she will answer any of your questions to a POINT OF confientially. Any one can call her anytime at Tel: 1 416 504 7600.have a good one all.tinyhopes
Comment by pastafagoli on Aug 25, 2011 3:47pm
thanks - I've spoken to her in the past - she is nice but seems inexperienced in the role of IR.  I do not think she has the knowledge to properly answer some of these questions.  The company should really hire a professional IR.  There is a good story to tell.
Comment by straightbull on Aug 25, 2011 6:10pm
Jennifer will answer any question under an umbrella of confidentiality? I doubt it. First, Jennifer is not very knowledgeble. She is the boss's daughter, and is probably collecting a big paycheck and shares for answering the phone. Nice job...thanks daddy. Talk about nepitism. But that's not suprising considering the calibre of management.Second, if she answers questions under an ...more  
Comment by Caerus88 on Aug 25, 2011 7:14pm
I think you misread the post Straightbull. Tinyhopes clearly said she would answer questions 'to the point of' confidentiality. That means she will tell all up to but not including confidential information. GLTA
Comment by Tinyhopes on Aug 26, 2011 3:15pm
 think you misread the post Straightbull. Tinyhopes clearly said she would answer questions 'to the point of' confidentiality. That means she will tell all up to but not including confidential information. GLTA Thank you for posting this answer THAT is exactly what I meant!!!!!!!HOW PEOPLE TURN THINGS AROUND TOO SUIT THEM SELVES AS TO WHAT THEY WANT IT TOO SAY!!!! I am not the best ...more  
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