Cline Mining Corporation T.CMK

MORE GREAT NEWS!!

[summer22]

We did mention there was good news on the horizon.  Holding this stock will be well worth the wait.  CMK is well underway in talks with buyers.  They will prevail and most of all everyone will be smiling including Bates.  They have been working away at various options for quite sometime and the pay day is just around the corner for those who held on. Summer22

[Jcamp89]

Sorry for the newbie questions but I am very new to this, in the event of a sale and the SP climbs how do I get paid? Do I just perform the usual market trade? 

[shane117]

Jcamp, if it is a straight up cash deal then yes, you just sell into the market at the listed share price.

[shane117]

Jcamp, if it is a straight up cash deal then yes, you just sell into the market at the listed share price.

[3andout]

Yes. Or  you can wait until the completion date and then u will get paid out.

[aatwal]

"They borrowed 50 million from another institution prior to Marrett's 50 million dollar loan." shane117, you still have not answered the question about the debt numbers...could you please provide details....thanks!

[Jcamp89]

Oh ok thank you, that's very helpful, I wasn't sure if I just didn't act my shares would just dissipate or something, GL every one!

[Jcamp89]

And in that event, the holdings would just be converted to cash automatically?

[larryl2]

look into my last post , I hope I did evrething right

[aatwal]

Cline basically needs a White Knight to defeat the Marret Plan....going to happen is anyones guess at this point!  It all depends on how favorable the met. coal market is going forward in terms of pricing, and type of met. coal produced.    There is no way Bates should be thinking he can still do this alone....if this were the case, we would not be in this mess in the first place