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Bullboard - Stock Discussion Forum Cline Mining Corporation T.CMK

TSX:CMK - Post Discussion

Cline Mining Corporation > Strategic postioning
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Post by Wolfhunter2 on May 26, 2011 12:04pm

Strategic postioning

Playing the markets is all about strategic positioning . The thing about CMK is they have a very good resource but a management team that can not be trusted by me any ways . . So  really where do you go from here . Do you buy and hold or just wait on the side lines . Almost seams to me the ones doing the strategic planing are not doing their job .
So do the small investors take that chance again hoping they do not get stabbed in the back again or what .
Will they be up front with things or just cover it up with more BS  . BLAH BLAH BLAH .
I do see the share price dropping off maybe to the low 2's .

This is just my opinion .
Comment by Caerus88 on May 26, 2011 12:29pm
I'm starting to get the feeling that the strategic positioning going on is by management. It may be to their benefit to see the price drop to the low 2's and allow them to pick up more shares cheap. You'd think they could throw the shareholders a bone by at least giving us some kind of positive update but they just don't seem to care. I for one do not trust them right now.
Comment by cooper90 on May 26, 2011 12:54pm
Caerus88 What a ridiculous comment, go look at past posts from current bashers on this site, you can see they post share grants, it's all available on the site. Recently 2 x weeks prior to the equity issue over 500K in options were granted to various management at $3.40, so if you understand options when these vest they only get the difference between the option price and share price, so right ...more  
Comment by Wolfhunter2 on May 26, 2011 1:57pm
Well COOPER90 I am on Caerus88's side . They have not been upfront with "most" of the share holders . How's to say they wont through another CURVE ball at ya . Don't KID your self those with the biggest peice of the pie will know what's going on long before you will . That's a fact jack . Could be that the news about production numbers was just a cover for the masive ...more  
Comment by Caerus88 on May 26, 2011 2:19pm
I wasn't referring to options and I do know how options work. Also, perhaps my frustration at the lack of any news is getting the better of me. Let me take the other side for a moment. My biggest complaint has been that the failure to reach projected production levels and the need for more money was not disclosed at the AGM. One could make the argument that had this been made known it would ...more  
Comment by cooper90 on May 26, 2011 5:50pm
Wolfhunter2 I agree you won't know before they (management do) but it's the same with any company Yes, they could throw another curve ball into the mix, yes that is why we are not invested in a Large Cap making 6-8% The stock price has already been punished for PP issue and lack of transparency, and although I fully agree it wasn't done right and I am down, I have to step back ...more  
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