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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Comment by desperado76on Oct 03, 2011 2:10pm
262 Views
Post# 19112461

RE: RE: RE: as kinda expected......

RE: RE: RE: as kinda expected...... I am glad you responded. We both have profited from WTN and both put profits in here. This is the 1st post I can recall that you referred to negatives, and management needing to redeem themselves. Until now your posts come off as everything is great and positive, etc. The fact is that you and I should be outraged at how things have gone so far in 2011.I have owned some Cline since 40cents, made a few bucks and moved it all (and I mean all) to WTN. My DD was thwarted at the AGM and the misleadings of management. After calling upon contacts in this industry, I was given a full report on what exactly is going on in Colorado from a fellow who was on the tour. Eyes were opened, and I sold all I owned above $3.00. I have kept anything under $2.00 and my "agenda" will be to reload and double my original position when we break a dollar. And we will break a dollar. Maybe not for more than a few days, but it WILL happen.Which brings me to the negative info. I firmly believe the market will have a strong "negative" response in a few days when the quarterly info is released. Not only do I have concerns about MHRA giving them the total green light on all seams,but our calculations suggest a cash burn of roughly $20 million per quarter. This is why they backstopped the info now with the Term sheet. Remember how they snuck in the 350000 vs. the 1-1.5million outlook? You really think this is any different? This kind of behaviour is habitual. These are really old dogs running this, and you know what they say about old dogs.No offense meant, and I stand by what I say. If we dont break a dollar, I want all you positive spin guys to come back here and tell me I am a tool. Otherwise, add below a buck and wait for it. WTN took me on an 18month ride and I started in at $1.21. In 9 months, I will be walking into the Bank of NS and taping a cheque for the balance of my mortgage to the managers forehead. I know what I'm talking about.Desperado 76
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