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Bullboard - Stock Discussion Forum Cline Mining Corporation T.CMK

TSX:CMK - Post Discussion

Cline Mining Corporation > market cap of CMK
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Post by ckstar83 on Jan 12, 2012 9:15pm

market cap of CMK

hey, trying to pose a question;

 

once we reach 3 millions tonnes of production a year............where do you think our company lies in valuation?

is it better than GCE but inferior to WTN...........i mean Grande cache was sold for 1 billion?

 

any insights would be helpful............

Comment by ckstar83 on Jan 12, 2012 9:17pm
sorry forgot to add:  grande cache was sold for 1 billion and western coal was sold for 3.3 billion.............does that put us in the middle maybe around a 2 billino valuation if we were to get taken out?   thanks again
Comment by godman on Jan 12, 2012 9:54pm
Our NVP is 1.4 billion as of now by 43 101 that was recently done. Thats about 6.50 a share. 
Comment by miner8740 on Jan 12, 2012 10:48pm
CMK my be having production problems may need to revamp exploration program to get a good take on suitable mineable seams more funding may be needed if targets are not meet met coal prices latest contract out of Aust drop by 25 % this will hurt high cost producers
Comment by j0n3s on Jan 13, 2012 6:06am
We "might" also be producing 3.4 Bilion tonnes of coal and have enough contracts signed to corner the market in BOTH India and China.... but probably not.  LOL just having fun.  GLTA.
Comment by j0n3s on Jan 13, 2012 6:10am
I'm very bullish but my limited experience mght suggest that both GCE and WTN were both well established productive mining operations.... I think Cline has a long way to go yet before being compared to those two.  I too would look forward to hear what other more seasoned posters have to say.
Comment by straightbull on Jan 13, 2012 7:32am
Bates trying to corner the coal market.....he is getting dizzy.  
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