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Bullboard - Stock Discussion Forum Cline Mining Corporation T.CMK

TSX:CMK - Post Discussion

Cline Mining Corporation > a rash of question's about the practices of CMK
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Post by richardtrader on Oct 18, 2011 11:15pm

a rash of question's about the practices of CMK

I,say relax history is behind us,obviously there is an air of confidence to issue shares/options/grants whatever below trading share price and yeah it is legal and  has happened to stock's I've traded in the past.

Again, today was another test of insanity down to 1.72 and high 1.98 wow that took ba$$'s.

Could have been a super trade, since we trade high 1.90's and  bottom's 1.70's range

spread can be very profitable

However, I'm thinking outside the box

Still believe CMK:ca can and may be a take out target

Last thing Analysts ? do they have a clue what they talk about forecasts definite NO!

China slow growth yeah right or any other asian country no way.

Anyway CMK:ca has to break $2.15 soon just to prove thing's are good.

Comment by steeler07 on Oct 19, 2011 8:17am
I agree, bigger picture -  Brazilian steel capacity is expanding -  Gerdau, Usiminas and Arcelor Mittal is forecasting demand for coking coal to reach 33 mil MT by 2020.  -  Doubling demand -  Cline is in a prefect position to upply Alantic basin.  In 2010 - Brazilian steel makers required 15.6 mil MT of coking coal and pulverized (PCI) coal. -  US Coal producers ...more  
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