Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Cline Mining Corporation T.CMK

Metals & Mining Industrial Metals & Minerals

TSX:CMK - Post Discussion

Cline Mining Corporation > Cline mentioned in TD Daily Update
View:
Post by Topham.trading on Oct 17, 2012 4:15pm

Cline mentioned in TD Daily Update

Given current weakness in the metallurgical coal market, it may take until the middle of next year for Cline Mining Corp. to solve its liquidity concerns and secure coal sales, commented Dundee Securities analyst Joseph Gallucci. He continues to believe that the company’s New Elk mine in colorado is an attractive long-life asset, but he downgraded Cline to “neutral” from “buy,” given risks that it won’t be able to find a buyer for its coal.

Downside: Mr. Gallucci cut his price target to 50 cents from 90 cents.

Comment by kidman on Oct 17, 2012 6:47pm
Cmk does not have the cash to last 6 more months.  At present cash burn rate CMK will be filing Chapter 11 in 4 months.
Comment by shane117 on Oct 18, 2012 8:15am
Kidman, I'm sure Cline will issue more shares before filing for chapter 11.
Cline Mining Corporation
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
{{currentVideo.headline}}
{{currentVideo.link1Text}}
{{currentVideo.link2Text}}
< Previous
{{moreVideoText}}
Next >
Dealroom for high-potential pre-IPO opportunities