Cline Mining Corporation T.CMK

Blue Seam

[godman]

You would think the TD would have asked and seen documentation about the approvals of the blue seam before they stuck $80 mil into Cline. I think they have a little more pull then we do in getting info, if Courtney can have a half hour chin wag withe CFO and get that info out of the CFO, then I would think TD did too.  That at least explains the low ball 2.75 PP.
If you think we are peeved imagine how the people who just put out $80 mil feel, for the short term anyway. 
It is hard to imagine with the scarcity of decent jobs in the US, that the bureaucracy would slow down the process of creating $35 an hour jobs. Must make the one or two little pracks feel really powerful. I know how they work, deal with them all the time in my business. Nice pay check coming and dont give two shats about anyone else. 
A lot of juniors took it on the chin today. Lot I watch are down 6 to 11%. That was a nice $50k loss for me today, thanks facking shorters!! Hope you get beat bad when the market turns.
Management put out a few NRs and let us know whats going on, we are big boys, not Big Boys, and realise things take time but let us know so we dont have to hear on a friggin BB whats happening.
SELL in MAY, dumb a$$ ME!!

[pull1]

Last year about the same time I got a hair cut for $60000 loss in stock market, i was just new to this, I thought the world was going to end, sold everything.  Believe it or not, everything I sold in June of 2010, gained 300% or more by January-February this year.  for eg. sold First quantum minerals for $60, it reached 148, western potash for 0.42 , reached 1.80, sold teckresource for

[invinoveritas]

TD has done just fine with a share of a 5% UW fee-   8 million dollars. Most likely good profits as well from the short hedge put on. As for the 80 million very little of it any ends up in TD's hands. A bought deal does not mean they own it all. Most this deal or all is passed on to retail on any interested buy side people. Remember in the investment  banking

[pull1]

TD security make serious money.  Buys for $2.75 and sells for $6 or more, you will see.  They are professional investors unlike some penny seekers traders that write on this board.  So wake up and smell the cheese.Toronto, Ontario, Canada November 10, 2010. Cline Mining Corporation ("Cline Mining" or the "Company") (TSX:CMK) is pleased to announce the closing of

[miner8740]

take a mining course 101 and you will realized on how cmk management pulled a fast one

[invinoveritas]

Let’s make this clear in this case and the last offering TD and the other underwriters only own the stock at the outset of a bought deal. It is then passed on to retail and buy side investors. The fact it is bought deal does not mean they see investment merit in the security. They only initially assume risk in a bought deal.With the short hedge and pass on to other investors the risk is then gone.

[cooper90]

Completely disagree, the bought deal did not go to retail investors that is a complete load of crap!!!!!!!!I have two good friends that work as personal investment advisers and they did not have access to the deal nor when calling around was I or anyone close to getting action on this bought deal prior to the short selling lately, so not a chance. This is simply shorting on the uncertaintly

[invinoveritas]

no need to be nasty mope, and you are wrong because it did get offered to and sold to retail. I work in the industry drectly. Just because  your friends did not get an allotment it does not mean others did not. Grow up and get your facts straight.     

[MrMurf]

"Completely disagree, the bought deal did not go to retail investors that is a complete load of crap!!!!!!!!"Sorry Cooper,This is not true, my friend acquired 15,000 shares form the TD pp @ 2.75. Offer was through his Waterhouse broker. He is an accredited investor, don't know if that matters or not I don't think so.CheersMurf

[invinoveritas]

thanks for helping with straight facts. Your friends broker got access to issue because he is either a larger producer or does new issues often. TD allots shares according to these parameters to the advisors. Being accredited would not make a difference. That only applies to shares which are sold via offering mermorandum  

[cooper90]

Well invinoveritas.......I guess everyone just jumped on the banwaggon and bought as much as they can with the stock .15-.20 cents underwater at the time of the closing....I just don't see it but enough said you know best.

[cooper90]

Ok, I stand corrected on this issue,27 million shares were bought or 13 percent of the entire companies float, and with that many of the big boys also participated don't kid yourself look at the intitutional shares in this company now, so you don't think they have faith in this company.......yes I believe they do.Holding and awaiting news.....