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Bullboard - Stock Discussion Forum Cline Mining Corporation T.CMK

TSX:CMK - Post Discussion

Cline Mining Corporation > Production Target no Meet
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Post by miner8740 on Feb 15, 2012 10:04pm

Production Target no Meet

Baased on present tonnage rate from the mine, avg 200 to 600 t per day, management is still far from reaching the production rate to reach 3 million per year

this may be a write off this year with repect to tonnage, cost are so high

bates may need another share offerring at 1.50 for 50 million shares to cover the losses

may not be looking good in terms of projected estimates based on daily projection rates over the last few months

should speak to the miners at the cafe in town for true report

Comment by miner666 on Feb 16, 2012 8:54am
Is it Groundhog day?  Miner8740, you have been making this very same argument that you should speak with the local miners and the that there is a need for additional share offering for two years now.  Can you not come up with a more creative method of bashing this stock? Please stop with your insidiously ridiculous projections. Deja Vu all over again.