Cline Mining Corporation T.CMK

Hang seperate or hang together

[bond46]

It seems Bates henchmen won the day down at the farm. Now we have an idea why the Asians backed out. They sensed pretty quick that they would have no control on the Board, and that Bate's gang McKnight et al  would call the day. Tobin was a Marret man and if Haywood was their link, that link was very weak and could be broken at anytime by the gang. So they backed out. The move to take Tobin and Haywood on the board, now becomes apparent: to bamboozle the Asians, But the Asians have been around longer than Bates and his ilk. So we are stuck with the same old bag and may Buhda help us. The gang not only would blackmail the Asians, should they stay on, but the Marret bond holders would have the same fate. So Tobin quit even before he started. Now expect Haywood to jump the boat for the gang would neutralize him and make him irrelevant. Mark my words. So hang together may be the only hope the losers have to save their ######.

[grantflyby]

Tobin had to go, he had a tremendous offer from BMO. It would seem Mr Venies has extensive experience corporate,as will as some political notoriety.I believe he will prove to be a great asset to Cline in the near future. Just to clairify Portpool did not back out. Cline and Marret got tired of waiting. It was in the best interest of everyone that the the company showed progress in its

[miner540]

Interesting that you say Portpool did not back out - rather Cline/Marret got tired of waiting.  Do you think Portpool might still have some interest?  I was concerned that Portpool could not come up with the $2.5M deposit - which seems like a relatively small amount.   Hard to believe that Marret wants to be involved for at least 3 more years - would have thought

[grantflyby]

First Its not hard to believe that Marret wants to to be involved for at least 3 years. The new Elk mine is a turn key operation, and with met coal prices set to start a recovery Marret stands to make large return on there investment. As for Portpool It is possible they are still interested but I would not hold my breath. last week I was thinking they might try to tender a few days late but