Bates needs to sell this company I hope Bates sells this company, his track record has been dissapointing. Salvage the assets in the ground and sell it off as and exploration company and try and get at least $2 a share. If the market was willing to pay $5 a stock a year and a half ago based on Cline producing 3MT a year, then Cline has a big hurdle with the short term problem of making a sale and being able to stay alive before the money runs out. So at the rate Cline has proven to produce, to get to 3MT of production a year, I'd say its gonna take5 years before that happens. The market has show that it doesnt really care about Clines book value, it seems their confidence in Bates has been deminished.
FIND A BUYER FOR THIS COMPANY, DAM IT....OR FIND A NEW CEO AND NEW BOD...