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Bullboard - Stock Discussion Forum Cline Mining Corporation T.CMK

TSX:CMK - Post Discussion

Cline Mining Corporation > BUY OUT ?????
View:
Post by longrun on Jul 26, 2012 4:12pm

BUY OUT ?????

Seems like Buy out is in works ,,Price has been held at 28-29 cents ,,100% Premium makes it 60 cents ,,,

Not bad

Comment by aatwal on Jul 26, 2012 5:03pm
Buy out would be worth anywhere from 400million to 600million.....this number is conservative.....as of now, but once start to produce again and selling could be in the high hundred million.  Reserves are the key here...619 million tons and counting.
Comment by longrun on Jul 26, 2012 5:04pm
WOW Atwal ,,i would like to dream 3-4 bucks for cmk ,but it seems not real 
Comment by ckstar83 on Jul 26, 2012 5:10pm
if buy out is 60cents that would be horrible, company would be worth like 130 million, they've put up to 200 million in capital spending on new elk alone, i would hope this comapny sells for 300 million ......... buck and a half range minus debt owed
Comment by aatwal on Jul 26, 2012 5:49pm
It is 2.50-2.75 per share
Comment by straightbull on Jul 26, 2012 6:05pm
$2.50-$2.75?  Wet dreams!!!
Comment by mr1derful on Jul 27, 2012 2:44pm
aatwal. You truly are an idiot. It's so funny how this company has completely sh*tt the bed yet you have people like aatwal in complete denial hoping for a $2.75 takeout bid. Do you think you are going to wake up one morning and hear some kind of an anouncement along the lines of "XYZ Corporation has decided to make an all cash bid for Cline Mining at $2.75 per share. This offer ...more  
Comment by longrun on Jul 27, 2012 3:02pm
I wish AATwal,s ,hope and wish comes true ...we all be Millionaire,,,,s  
Comment by aatwal on Jul 27, 2012 9:50pm
You are entitled to your opinions as am I!  But I do not call people idiots or names just because they do not agree with you all the time....be a professional learn to hear other people's opinions before calling them names.  It seems like you are new to this game....if things do not go your way you start calling them names.  LEARN TO RESPECT AND RESPOND IN A PROFESSIONAL MANNER! ...more  
Comment by seanj1 on Jul 28, 2012 4:19am
aatwal: Don't pay attention to mr1derfart, he has some deep mental issues :) S
Comment by mr1derful on Jul 28, 2012 11:51am
Please, Atwal, don't talk to me about professionalism and respect. You are not even remotely a professional in your posts. All you do is post superficial fluff like this company is going to get taken out at $2.75/ share. You post zero facts and analysis to support your position. That is why I called you an idiot. You also are very ignorant as I have repeatedly raised numerous red flags ...more  
Comment by miner8740 on Jul 28, 2012 5:19pm
management is filling their pockets and its not coal shame on the board for wasting the shareholders equity your day will come you should of spoken to the old miners in town on difficuties the allen mine had
Comment by bond46 on Jul 28, 2012 9:45pm
Miner 8740 you always seem to want to excite our imagination with ghosts haunting this mine, yet you never came up with something specific; you always refer us to the old miners of the town, but how and where can we find them. This seems like an impossible task for us. Sir, if you know something which is a fact, why don't you spell it out or stop alludintg to ghosts living   ...more  
Comment by miner8740 on Jul 29, 2012 4:01pm
share price speraks for management, mining conditions and coal sales 700000 tonnes of coal for 300 million dollars bond i am sure you will give management and board a pat in the back
Comment by aatwal on Jul 29, 2012 5:04pm
This goes to show who is the real a hole.....do not bother responding....just for your information I have been in the markets for 20 plus years and became a multi-millionaire from it....I hold 500k plus shares in CMK alone, and added more then half below 0.30 to my overall position.....When I think something does not make sense I go in it  in a big way, and always paid off for me, and this is ...more  
Comment by bond46 on Jul 29, 2012 8:45pm
Hope miner 8740 you won't accuse me for sleeping with the enemy. I have been critical of these monkeys for overpromising and underdelivering, but that is a seperate issue. Is the problem of underperformance the quality of the mine or the so called macro economic conditions i.e., international met coal demand etc. You seem to suggest that the problem is with the quality of the mine and not the ...more  
Comment by longrun on Jul 30, 2012 11:37am
aatwal ,s Positive attitude is main source of his succes ,,,thats my guess,,,thats why he is Multi Mil. but atwal,s average cost on CMK shares seems pretty high ,,,but he has lots of Faith in CMK ,,thats very Positive for us Cmk holders.
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