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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Comment by kensinon Apr 13, 2012 10:27am
336 Views
Post# 19790394

Charts say...

Charts say...

 

big boys are getting out. charts also say next resistance $.875  then much bigger resistance at .75c  That could happen in July. Shorters and traders are working this down . Take what you can out now and wait for news they are going to make it through this tough time. If they really had what the Chinese want why would they not come in and buy it for a buck. Something is not the same as the other take over scenarios.  I'm looking to possibly buy at $.75c going into the fall depending on the world conditions leading into the U.S. elections. Sad state but look at the price of coal today compared to 18 months ago. Look at natural gas at less then $2.00 

Try switching to a graphite play. NGC, ZEN SGH there are lots of analyst articles out on the companies with run up possibilities.

JMO

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