Cline Mining -history of scam And final ephiphany
Subtitle : God save the victims and reward the scammers
Bre-X collapsed and its shares became worthless in one of the biggest stock scandals in Canadian history, and the biggest mining scandal of all time.
THAT WAS $ 6 B CAP TO ZERO .
CMK = $ 1 B CAP TO ZERO
SEEMS ,CMK WILL TAKE PRETTY HIG PLACE IN HISTORY OF CANADIAN MINING SCAMS
SECOND TO BRE- X ?
OR JUST TOP 3 ?
https://en.wikipedia.org/wiki/Bre-X
In 1999 the Royal Canadian Mounted Police (RCMP) announced it was ending its investigation without laying criminal charges against anyone. Critics charged that the RCMP was underfunded and understaffed to handle complex criminal fraud cases, and also charged that Canadian laws in this area were inadequate. However, despite the dropping of criminal charges, civil class action suits against Bre-X directors, advising financial firms and Kilborn continued.
Bre-X finally went bankrupt in 2002
Begun in 2001, the trial of John Felderhof was concluded on Tuesday, July 31, 2007, with a not guilty verdict of illegal insider trading
. A class-action lawsuit is still pending. ....12 YEARS LATER LOOL
Walsh moved to the Bahamas in 1998, still professing his innocence.
DID BATES MOVE TO BAHAMAS OR CAYMANS YET - TO ENJOY YOUR BLOOD MONEY ?
As below chart indicates , for an average minning stock fraudster to live in luxury ,
he needs to pull out 3 stocks scams in his "productive lifetime "
Save that chart before it dissapears for eever in 10 days
https://finance.yahoo.com/q/bc?s=CMK.TO&t=my&l=off&z=l&q=l&c=
Two masked gunmen broke into his home in Nassau, tying him up, and threatened to shoot him unless he turned over all his money. The incident ended peacefully[citation needed], but three weeks later, on June 4, 1998, Walsh died of a brain aneurysm.
---------------------
WELL, I CAN NOT STOP MYSELF TO SAY " I TOLD YOU SO ....
I WAS THE FIRST TO CALL, IT A SCAM , BACK IN FEB. 2011 AT $ 4.5
( when halucynating - BOND -like suckers were calling for $20/sh )
LET ME BE THE LAST ONE TO SAY AMEN ..
.GEEEEESUS
NEXT : STOP THE PUMPS ... FLOAT BACK THE MINE
Ashes to ashes
Dust to dust .
But blood money ( $ millions in just insiders options cashed out at very top ) to Cayman bank acc..... LOOOL
==============
\
history of me pointing red flags after red flags
Note the dates
HERE THE $40 50 M INSIDERS OPTIONS DUMP . THEY MADE IT LIKE BANDIDS
https://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&m=29773269&l=0&r=0&s=CMK&t=LIST
iF THE INSIDERS WOULD USE THIS FREE MONEY TO LEND BACK ( not to give back the loot )
to CMK THEY COULD save it or prolong the death .
But they are not as stupid as Ark , Shane ,Bond etc
They easily could have saved CMK , but didn,t....
even if that means loosing their jobs (more looting opps ) and exposing themselves to law suits
Confirms how bad idea of investing é lending to CMK was
MY ONLY REGRET = I covered CMK short at 50c from $ 4.5
Here my 50 c target back Feb 2011
https://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&m=29237493&l=0&r=0&s=CMK&t=LIST
https://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&m=29358558&l=0&r=0&s=CMK&t=LIST
10 times is not bad .. but 1000 times to 1/2 C would be much better.
Bates fraud talents exceeded my worst expectations by 100 times . GEEEESUS
https://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&m=29319519&l=0&r=0&s=CMK&t=LIST
June 2011 my Anatomy of suspected SCAM here
thread https://www.stockhouse.com/Bullboards/MessageDetailThread.aspx?p=0&m=29365268&l=0&r=0&s=CMK&t=LIST
https://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&m=29365268&l=0&r=0&s=CMK&t=LIST
POTENTIAL CATASTROPHIC OUTCOMES TO STOCK PRICE on July 7 2011 here
https://www.stockhouse.com/Bullboards/MessageDetail.aspx?s=CMK&t=LIST&m=29959070&l=0&pd=0&r=0&msg=3
In 2011 at benchmark coal around $ 300 t my predicted CMK loses were $ 60 m here
https://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&m=29247462&l=0&r=0&s=CMK&t=LIST
For the delusional who could not get written warnings there is their 2011 story in pictures
Go by whole thread
https://www.stockhouse.com/Bullboards/MessageDetailThread.aspx?sv=2&p=0&m=29256230&r=0&s=CMK&t=LIST
https://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&m=29241509&l=0&r=0&s=CMK&t=LIST
https://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&m=29288137&l=0&r=0&s=CMK&t=LIST
https://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&m=29232790&l=0&r=0&s=CMK&t=LIST
Even at coal $ 250 benchmark the CMK model or rather BS was questionable
...questions here
https://www.stockhouse.com/bullboards/messagedetail.aspx?p=0&m=29238386&l=0&r=0&s=CMK&t=LIST
https://www.stockhouse.com/bullboards/messagedetail.aspx?p=0&m=29238616&l=0&r=0&s=CMK&t=LIST
Today only 1 Q remains
`Did they floated back the mine yet ?
The partners in crime - the analysts
https://stockhouse.com/Bullboards/MessageDetail.aspx?p=0&m=29845570&l=0&r=0&s=CMK&t=LIST
IE : analyst: RUSSELL STANLEY, CFA, MBA from Jennings Capital
https://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&m=29254806&l=0&r=0&s=CMK&t=LIST
contest: GEE vs TV analyst on CMK
https://www.stockhouse.com/Bullboards/MessageDetail.aspx?s=CMK&t=LIST&m=29999349&l=0&pd=0&r=0&msg=3
Why it is so hard to prosecute stock fraud
https://www.stockhouse.com/Bullboards/MessageDetail.aspx?s=CMK&t=LIST&m=29979927&l=0&pd=0&r=0&msg=3
https://www.stockhouse.com/bullboards/messagedetail.aspx?s=CMK&t=LIST&m=29979360&l=0&pd=0&r=0&msg=3
https://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&m=29819444&l=0&r=0&s=CMK&t=LIST
In order not to call them outright liers we will call them
" OOOH _ BTW " company
https://www.stockhouse.com/Bullboards/MessageDetail.aspx?s=CMK&t=LIST&m=29963575&l=0&pd=0&r=0&msg=3
whole thread https://www.stockhouse.com/Bullboards/MessageDetailThread.aspx?sv=2&p=0&m=29963575&r=0&s=CMK&t=LIST
==================
Some notable BB losers among the thousands of victims
and many institutions / Funds losing hundreds of $ millions on this scam
The biggest moron on BB back in 2011 was ... you guessed it ,,SHANE
https://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&m=29332521&l=0&r=0&s=CMK&t=LIST
3 Y and million of his posts later ......what a depressing, pittyfull SHAME.
in those days the equivalent of desperate BOND was guy named GODMAN
who went in with even bigger stake = $ 200k and was constantly annoying / pumping with his TARD-MATH
Well, the FALSE GOD IS GONE FOREVER , but GEEEESUS prophecies exceeded expectations .
https://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&m=29914652&l=0&r=0&s=CMK&t=LIST
https://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&m=29914652&l=0&r=0&s=CMK&t=LIST
https://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&m=29837542&l=0&r=0&s=CMK&t=LIST
https://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&m=29780447&l=0&r=0&s=CMK&t=LIST
whole the thread here https://www.stockhouse.com/Bullboards/MessageDetailThread.aspx?p=0&m=29780447&r=0&s=CMK&t=LIST
Another guy ``buying the dip ` at $ 2.7 LOOOL was ( a then=- BOND-- EQUIV )
a new naive BABY FACE ,SMOOTH TALKER - STOCKHOUSEPUNDUIT ... fiercely pumping
He even threatened me with libel suit if I wouldn`t stop telling the truth about CMK scam
Well , after loosing a bunch his LAST POST HERE
https://www.stockhouse.com/Bullboards/MessageDetailThread.aspx?p=0&m=30458356&r=0&s=CMK&t=LIST
He and GOD were much smarter than SHANE ,'BOND ', ARK . etc.
They took their loses before CMK hit ZERO.
------------------
In summary I had the most fun here ( besides Northguy and MrDredfull)
- I even meet on this BB THEJESUS
geeesus
https://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&m=29745454&l=0&r=0&s=CMK&t=LIST
TURN OFF THE WATER PUMPS SWITCH. AND SAY
AMEN
.
.
.