Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Cline Mining Corporation T.CMK

TSX:CMK - Post Discussion

Cline Mining Corporation > IT WAS APPROVED!
View:
Post by cacheitin on Nov 30, 2011 1:21am

IT WAS APPROVED!

STATE OF COLORADO DIVISION OF RECLAMATION, MINING AND SAFETY Department of Natural Resources 1313 Sherman St., Room 215 COLORADO Denver, Colorado 80203 D I VISION O F Phone: (303) 866 -3567 RECLAMATION FAX: (303) 832 -8106 MINING SAFETY November 29, 2011 John W. Hickenlooper Governor Mr. Ron Thompson Mike King New Elk Coal Company LLC Executive Director 122 West First Street Loretta E. Pineda Trinidad, CO 80182 Director RE: New Elk Coal Mine, C1981 -012, Technical Revision No. 58, Final Decision Dear Mr. Thompson: The Division issued a proposed decision for Technical Revision No. 58 on December 28, 2011. A public notice of the proposed decision was published in the Chronicle -News on November 18, 2011. This public notice initiated a ten -day public comment period that parties having objections or concerns could submit their concerns to the Division regarding this proposed revision. No comments were received by the Division during the public comment period. At the close of business, 5:00 pm, on November 28, 2011, the Division's decision became final. As per rule 2.08.4(6)(b)(iii) the Division's decision is considered final. Sincerely, V Binns ??
Comment by Rudee2.0 on Nov 30, 2011 2:02am
Congrats to longs! This fantastic news should lift the share price to the upside again.
Comment by j0n3s on Nov 30, 2011 6:46am
SUCKS A$$ that "Something" hapenned yesterday to whipe out about 20 cents of this news.  With yesterday's market we should have closed in the 1.70's coupled with this news could have poppd us back easily 1.90's.  I wonder where we'll be now that we are starting at 1.55
Comment by sunshine7 on Nov 30, 2011 8:43am
Then the very recent SP weakness was likely a global growth concern with CMK being the most vulnerable having no contracts secured. With China announcement this am and EU concerns kicked down the road(again), it will be difficult for the manipulators to hold this one back. An NR re contract would go a long way to moving this back to above $2. Each day brings us closer to a modern functioning mine ...more  
Comment by ark88 on Nov 30, 2011 9:14am
I'll definitely start to buy here based on the confluence of very good macro and company specific news. The Chinese moving to ease capital requirements, coordinated G7 liquidity action recognizing that they cannot rely on European leaders to contain the crisis, receipt of Blue Seam permit.
Comment by cooper90 on Nov 30, 2011 1:41pm
Ok...people I don't like this back and forth so I called the Mining and safety department and spoke with a very nice lady who actually gave me the time of the day....wow I wish Nadine at Cline did the same. Anyway, the great news is the Cline Mining plan was "100%" approved for the Blue Seam, as per revision 58, so cacheitin you are a straight up guy and give you credit for this post ...more  
Comment by ark88 on Nov 30, 2011 1:52pm
Coop; since you already have a relationship with the lady a the front desk, perhaps you could also asked her about TR-60, why was it pulled by NECC, just curious. TIA
Comment by straightbull on Nov 30, 2011 2:02pm
What are the details of the TR60 and for that matter, what was the details of TR59? Thanks in advance.
Comment by cooper90 on Nov 30, 2011 2:45pm
Actually Ark88 I do not have a relationship with this lady, I just make the effort to call. I have a day job and don't have time to keep calling and don't feel comfortable to do so again. But be my guest and call them - it's on the earlier email post and someone will direct you  - again it may not be the same person each time, not like they have dedicated people for Cline ...more  
Comment by cooper90 on Nov 30, 2011 2:46pm
make a call and update the board
Comment by desperado76 on Nov 30, 2011 3:02pm
Patience folks. I anticipate some more "good news" very soon.Ark88 has me on ignore because I have been accurate with these guys for a while, and it is infuriating when you put your money up and you get treated like sh*t. I stand by what I said. Whatever was seen in the underground mine was not going to be approved. The advice given to me is 100% trustworthy. Now if changes were made ...more  
Comment by cooper90 on Nov 30, 2011 4:07pm
Desperado76........yes it's been a frustrating year IMO -  basically a wasted year from a production standpoint. I'm sure many holders of CMK including myself would have sold earlier this year if we new delays would become a year out......dead money, in fact underwater in some cases. But the fact is I called today and as of Monday Nov 28th the Blue seam ...more  
Comment by sunshine7 on Nov 30, 2011 8:58pm
Production rate confidence is growing. Now they need somewhere to ship it.
Comment by straightbull on Dec 30, 2011 3:02pm
desperado76 wrote...... Patience folks. I anticipate some more "good news" very soon.Ark88 has me on ignore because I have been accurate with these guys for a while, and it is infuriating when you put your money up and you get treated like sh*t. I stand by what I said. Whatever was seen in the underground mine was not going to be approved. The advice given to me is 100% trustworthy. Now ...more  
Comment by desperado76 on Dec 30, 2011 5:51pm
I appreciate the acknowledgment. I only call them as I see it.  While I cannot divulge the source, rest assured I am just like every shareholder here wanting to make money. It wasnt insider info rather a professional opinion of what was going on. It was this person's opinion that the setup wasnt going to pass the sniff test in its unaltered condition.  If they have corrected things ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities