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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Post by larryl2on Apr 22, 2013 10:26am
220 Views
Post# 21283687

Impressed with SP behavior

Impressed with SP behavior

I really surprised with SP behavior . I thought it would going down to 3.5-4c and stays there till the next news.

I can thing about 2 possibilities:

1. Conspiracy: Attempt to hold ESP above c for 20 days and convince current  shareholders to buy shares for $3M at c.

2. Strong street believe that company value well above of $I'M or ~c which gives 100%+ profit after realizing 2c subscription in currents SP.

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