Cline Mining Corporation T.CMK

All raw material producers are down

[pull1]

Every company that produces raw material such as coal, copper, oil and gas, one exception is potasch producers i mean the big ones like Pot and agu are doing well, everything else is beaten down, coal producers big or small are down up to 90%.  But there is always and thing called bottom and when it is reached, the only way the stocks would move is up.  Take natural gas for instance, just a couple of months ago, some would argue that it would become worthless, natural gas price reached an all time low of $1.80 per BTU, now it is over $3 and the etf bull has gained 100% so do not panic, cmk will bounce back with all the other companies if the management has been honest about the amount of coal it has and the quality of it.  We have to wait and see

[shane117]

Coal prices won't increase if the economy donesn't get better and will drop further if the economy gets worse. Which I feel its getting worse.

[redhead33333]

PullOne, it's hard to dispute your post here as I hear your frustration, but the one troubling thing here is major: The Province of British Columbia, responding to a $500-million lawsuit it faces from Cline Mining Corp. over the expropriation of three coal properties in the Flathead Valley, says that the company's chances of ever building a mine in the area were slim.

[kensin]

Coal will come off the lows in the 130's and bounce like Natural Gas. N.G. is up over 50% in the last 6 weeks. I see CMK minimum $.50c in September back to a buck in November and higher if like you say they don't screw it up. JMO