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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Comment by Jace1on Apr 12, 2012 10:23am
197 Views
Post# 19785228

RE: RE: TD Downgrade (reply2)...

RE: RE: TD Downgrade (reply2)...

Eigen-calm down. I'm just sharing TD's opinion with the board. Its one more piece of subjective information to consider in your investment decisions.

Your comment about TD's rating of sell rather than hold is rather silly...their revised target is 1.50. Have you ever seen a sell recommendation when the target price is 30% higher than current? It is clear they feel the stock is undervalued, even after assuming a financing as well as a significant production cut. This, by the way, shows the growing distrust and lack of confidence in management.  They don't bother to believe what management says anymore.

CMK may have its day in the sun. That day is not today. For now it is the William Hung of the TSX...don't know whether to laugh or cry.

 

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