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Bullboard - Stock Discussion Forum Cline Mining Corporation T.CMK

TSX:CMK - Post Discussion

Cline Mining Corporation > Re: Come clean CMK
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Post by bond46 on Oct 26, 2012 4:10pm

Re: Come clean CMK

CMK gentlemen three million shares and a price move out of the blue demands an explanation on your part. The OSC should demand an explanation from CMK and a  declaration be issued that no news is forthcoming and the volume and price moves are completely circumstantial and that the management and board of CMK have no knowledge as to why the sharp move to the upside. We demand that OSC asks CMK for a press release.
Comment by Tinyhopes on Oct 26, 2012 4:39pm
Is Coal Ready for Comeback?1Friday October 26, 2012, 3:45am PDTBy James Wellstead2 - Exclusive to Coal Investing News3 Share on linkedin_counter Email 4Coal is having a bad year. Both thermal and metallurgical coal prices have fallen by at least 30 percent on the evaporation of demand from China, the US and Europe. At the root of this decline are rising costs across the coal mining industry ...more  
Comment by pull1 on Oct 26, 2012 6:51pm
I do not know what you you guys are talking about, cmk has lost 700% from $5 down to 22cents,,,the only explanation is that the bashers converted back to pumpers, in one year from now they would pump it to $8 per share.  We have to see a lot of these up days in the futue.
Comment by aatwal on Oct 26, 2012 9:50pm
"I do not know what you you guys are talking about, cmk has lost 700% from $5 down to 22cents"   This statement does not make any sense how can one loose 700%???? One can gain 700%, but can only loose upto 100%!  Therefore, the return on CMK from the peak of $5.00 is -96%!  If it goes to zero, then one would loose 100% of their money!       
Comment by aatwal on Oct 27, 2012 12:03pm
The share price move smells of PP coming and going to be very dilutive to existing shareholders!  I doubt they have sold the coal or secured any agreements IMO!  But hey management can prove me wrong, but do not think going to happen. 
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