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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Comment by beeker2on Dec 31, 2011 3:37pm
480 Views
Post# 19362376

RE: Stock price go forward!

RE: Stock price go forward!

Interesting to see Grand Cache getting bought out at 30pe, makes 7 seem very cheap.I don't think 1.25 will be seen (barring a disaster). The silence from management resulted in the stock falling the last three months, the fact we had near 0 production is built into the current price. I like the news release it sets ambitious goals. So far this company has had trouble meeting them. I too believe that we are nearing the home stretch and think 2012 will be a good year for this company. Hopefully the overall market improves and I'm certain 4-5 dollars is realistic to see this year. 

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