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Bullboard - Stock Discussion Forum Cline Mining Corporation T.CMK

TSX:CMK - Post Discussion

Cline Mining Corporation > Re:Xstrata is for sale
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Post by bond46 on Sep 04, 2012 9:09pm

Re:Xstrata is for sale

We read in the press that Glencore the Swiss company is bidding for Xstrata for 40billion dollars, how would Xstratta be interested in buying CMK. And now that the news about Xstrata has come out, those who questioned the motives of Mr. David Stone in leaving Xstrata, may have their answer: Jumping ship before it sinks  is a common practice when a company is sold; its management goes as well and the new one steps in. May be Mr. Stone saw the writing on the wall and he made his move on time, before he was out of work. But that is just a thought, may be his motives are more noble than mere survival. Time will show.
Comment by miner8740 on Sep 05, 2012 9:30pm
look at their track record, this may give you an ideal where cmk is heading it may be down the toliet
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