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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Post by bond46on Jun 17, 2013 6:39pm
162 Views
Post# 21534491

Good Omens?

Good Omens?

Opinions will differ as to where Cline is going for quite some time. My take is that the new guard will try to make a go of it. The fact they kept the technical personnel is a sign that they may try another go. Judging from my personal experience, whenever there is a shake up of the senior management the technical personnel stays on. That and of itself is an indication that the new bosses will try a go of this company. The fact they got rid of the old guard and reduce costs is a plus. In any case I am glad Bates and his entourage are gone. It was ridiculous for Bates and his ilk to borrow money in order to pay their fat salaries at the expense of the shareholders. This had to stop. Did anyone ever hear  Bates and his friends to share the pain with the shareholders by reducing their salaries and benefits? Never. So, maybe the omens are not so bad, after all. Only time will tell.  

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