Cline Mining Corporation T.CMK

ramp up

[ckstar83]

can anyone tell me that they will not need additional financing if they ramp up production to 3 million tonnes a year?

 

i dont think that they cannot ramp up production without further dilution?

anyone disagree?

[bond46]

They may have other options ckstar83, sell assets, or joint venture; it would be suicidal to issue stock at these prices.

[ark88]

For those of us who have gone through the 2008/2009 apocalypse holding metcoal stocks, one can't escape the sense of de javu with what's happening with Cline at the moment. It is now beyond just company specific. The demand side of the metcoal equation is now the 1 ton gorilla that will crush any and all suppliers, particularly those that are vulnerable