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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Comment by barisianon Oct 11, 2011 1:32pm
425 Views
Post# 19137548

RE: $2.00 ?

RE: $2.00 ?The market is clearly recognizing the considerable de-risking of the project given the back-to-back news releases last week re sale of Lossan and the line of credit.

Everyone is probably kicking themselves saying "I should have bought at $1.00."  But remember, at the time, no one knew where the bottom was.  Always better to buy on a confirmed uptrend, in my opinion, than to catch a falling knife.  I would rather pay more for the shares knowing the project is de-risked than to have paid $1.00 but not know what tomorrow held (at the time).  Think of it as "buying insurance."

In any event, let's hope this rally propels us to new highs. 

Barisian
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