Cline Mining Corporation T.CMK

re: truth is coming out

[bond46]

To Eigen, you're saying that when production capacity is low, they only use HCC and little or no semi soft or soft coaking coal. Why? Because they don't need to mix it with soft coking coal for "economic reasons" for the simple reason that HCC is better quality and there is no need to blend since HCC is abundant and cheap, as opposed  to the soft coal which is abundant , lower quality and much cheaper. Simple economics. When the market gets tight soft met will take its place in the pantheon of coals, but not right now. No one trashed our treasure at CMK, but being a lower quality met coal does not comand a high price in the market today. This distinction that not all met coals were created equal was never made by the CMK bosses for obvious reasons, though some references are made in the technical report.

[dangert]

who the F............ cares. too much inventories that no one is buying. Plant/mine suspension laying off people that can't be good. Outlook looks really bad. sooner or later .... Chapter 11. .28 cents close or open tomorrow. nothing to look forward especially short term. so much uncertainty. jmho.

[Eigen337]

This post has been removed in accordance with Community Policy

[bond46]

Eigen you're touching upon a technical issue that I admit I am not a metalurgist to answer, and though my line of specialty is Power System Engineer, and also an MA in classics I can't argue with a physicist on this issue. But the fact that HCC and semi soft are blended either for economic or technical reason, is irelevant at this point because the price of the semi soft is low enough and