Cline Mining Corporation T.CMK

Impressed with SP behavior

[larryl2]

I really surprised with SP behavior . I thought it would going down to 3.5-4c and stays there till the next news.

I can thing about 2 possibilities:

1. Conspiracy: Attempt to hold ESP above c for 20 days and convince current  shareholders to buy shares for $3M at c.

2. Strong street believe that company value well above of $I'M or ~c which gives 100%+ profit after realizing 2c subscription in currents SP.

[shane117]

Just wait unti there is 4 billion shares! That's 15x as many shares as there are now.

[larryl2]

4,000,000,000 * $0.05 = $200,000,000 or $200M Is that not correct math?

[shane117]

larry12, I will see you at 2cts after the MASSIVE dilution.

[blade86ca]

Yes , regarding the volume you are right it is closer to average now , but based on volume its obvious no big money or institution is / will give a penny to Bates and co. now before the dilution occurs (cant blame them either) looks like mostly retail volume Question: I believe this has already been answered by some posters if i remember correctly without looking at prior posts

[larryl2]

  In my understanding you get conditional option (20 days SP above 6c) when have right to execute. You may read Bond’s posts from few days ago for detailed explanation also.

[larryl2]

  In my understanding you get conditional option (20 days SP above 6c) when have right to execute. You may read Bond’s posts from few days ago for detailed explanation also.