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Bullboard - Stock Discussion Forum Cline Mining Corporation T.CMK

TSX:CMK - Post Discussion

Cline Mining Corporation > What is sustaining...
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Post by kensin on Aug 16, 2012 11:47am

What is sustaining...

...CMK at .275c ?  Is it the chance for a $50 million dollar settlement from the B.C. government. if they have no sales, are out of production and out of money it sounds like bankruptcy.  What am I missing?
Comment by flyinghorse on Aug 16, 2012 4:28pm
the coal underground, and lots of it, which is what supports it @ 27.5 cents.
Comment by ol_griz on Aug 16, 2012 9:01pm
Imagine these two posts six months ago.  "Sustaining at  .275...."  Unimaginable.   Is this desperate or what?
Comment by eazy4life on Aug 17, 2012 5:44pm
The coal underground? Its on top of a mountain in the middle of colorado with no transportation in place (except a truck!) and no sales ever.The debt is piling up and the only hope is suing the B.C. government? Good luck with that one.This stock is going to 0.
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