Cline Mining Corporation T.CMK

RE: Cline Mining profits/cost model

[GEEE]

PAGODA5
a
1.Unprofitable resource in ground is worth ZERO.
CMK is just about to prove it.

Why do you think CMK bought Elk for pennies ?
The sellers are stupid , and didn't know the 'value of coal in ground' + the infrastructure?
You or I do not have to " THINK" how much it is worth.
They sold it for for it is worth ...pennies .
A REAL LIFE TRANSACTION ..not moronic multiplications dudes are using

Right now , in absence of reported profits /loses it is worth MAXIMUM
what they pay for it + what they sunk in it
No more than $ 90m= 50 c CMK sh
In line with my target BTW

https://www.stockhouse.com/Bullboards/MessageDetail.aspx?s=CMK&t=LIST&m=29237493&l=0&pd=0&r=0
https://www.stockhouse.com/Bullboards/MessageDetail.aspx?s=CMK&t=LIST&m=29240165&l=0&pd=0&r=0
https://www.stockhouse.com/Bullboards/MessageDetail.aspx?s=CMK&t=LIST&m=29237493&l=0&pd=0&r=0

The other miners have also zillions tones in ground ...but they are worth what they are worth
About 1/2 - 1/3 the RIDICULOUS, OVERBLOWN ,relative price of CMK
https://www.stockhouse.com/Bullboards/MessageDetail.aspx?s=CMK&t=LIST&m=29266542&l=0&pd=0&r=0

Another one , Coal Corp
https://www.stockhouse.com/Bullboards/MessageDetail.aspx?s=CMK&t=LIST&m=29255424&l=0&pd=0&r=0

Another one WHD.v West Hawk --has $ 10 b coal in ground ,yet BANKRUPT - click 5 y chart
https://www.stockhouse.com/tools/?page=%2FFinancialTools%2Fsn_overview.asp%3Fsymbol%3Dv.whd%26table%3D

This one ,BQI , has TENS OF TRILLIONS $$ oil in ground -- you guessed it ...5 y chart
https://www.stockhouse.com/tools/?page=%2FFinancialTools%2Fsn_overview.asp%3Fsymbol%3DBQI%26table%3DAMEX

Same-o, same-o , happened to GCE and WTN after they hit top of pre-producrion speculation bubble .
https://stockcharts.com/h-sc/ui?s=CMK.TO&p=D&yr=0&mn=1&dy=0&id=p45539012362

They have NOTHING ....the OWNER of most of land and all minerals in it is Colo. Dep Of Wildlife
CMK LEASES the properties.
THE dudes think , a TENANT on welfare who paid $5 first month rent is worth as much as the buiding he is renting
geeesus .

Yes, CMK is WORSE than tenant staying on bagholder's corporate welfare for last 12 years.
They didn't even have the $ 5 to rent the Elk -- just borrowed the rent money from Mitsui
CMK's zillion tones in ground , incl Elk were worth like $50m before they got the real
=nonrefundable welfare checks from PP
WHICH THEY BLEW by now on adventure in a coal busines s..with poor outlook for MEANINGFUL income.
And poor outlook ,CMK will EVER get out of corporate welfare roll.
.