Cline Mining Corporation T.CMK

Too Cheap???

[godman]

I think $40 mil is way to cheap. I think we should get more than .50 a ton, dont you? I know the usual is 10% of the insitu for gold ect, I am not sure on coal. At 1% that would be at least $1.50 a ton. Seems way too cheap for a proven resource of that size.JMO

[cooper90]

Godman are you back in now? It's really hard to say as although it's a proven resource there is nothing else there....need to create a whole mine from scratch, this was not going to happen with CMK..IMO. I think they got a fair value for the resource but more importantly I believe their non-core assets were never priced into the stock in the first place, so by adding $40,000,000 to cash on