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Bullboard - Stock Discussion Forum Cline Mining Corporation T.CMK

TSX:CMK - Post Discussion

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Post by liscomorris on May 12, 2012 10:15am

CMK

Can someone share their dd on this company?  They obviously have a huge resource.  Market cap is like 175M and they are fully funded??  Mining coal..should be profitable soon??  Theres an awful lot of negativity about this company though...Anyone care to share their thoughts?? .81 cents seems pretty low for a company on the verge of profitability with this much potential upside..Theres so blue sky dreaming here, the stuff is their and its started to move..I saw Canaco hit a billion in market cap on drill results alone last year..How bad is management really?
Comment by bond46 on May 12, 2012 6:21pm
Your concerns are perfectly justified. The price of a stock is usually based on anticipated forward earnings, but not with this company. Due to the blunders of its CEO and his gang the company has lost all credibility and it has become a "show me the money first" company. That is why its CEO and his gang must be booted out in the next AGM. But, as I said before, the retail ...more  
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