Cline Mining Corporation T.CMK

Time is against us

[bond46]

For those who doubt that this is another hoopla worked up by Bates and co, look at the problem of time. Time is against us, for within a month, a buyer has to be found or the company must produce a letter of intent that it has entered into some kind of agreement the "transaction" or Marret can act. The only sure think that would save Bates head at this point is massive dilution, for the bondholders would likely keep him on until they'll get their money.It's the adage of "better the devil you know than the devil you don't know" at work here. The bondholders have no incentive of replacing Bates. And Bates has every interest of staying on and live to fight another day, asuming that CMK wins the lawsuit and also the met market turns arouned. And for that, time is needed. This latest hoopla is therefore a smokescreen for Bates to save his a..... and at the same time to gain time and fight another day. I may be and wish to be wrong, but I am  afraid my fears will come true.

[borrowedlife]

bond46. belive the adage is "its better to trust a known devil than an unknow angel"  now we can kiss the teens goodbye soon. I mentioned Time is against us and someone somewhere knows something.insiders not necessarly need to buy to prove. but helps. perrhaps they are cash strapped? explains the volume and asks hammered. we are way to focused on bates than the company-agree