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Bullboard - Stock Discussion Forum Cline Mining Corporation T.CMK

TSX:CMK - Post Discussion

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Post by shane117 on Jul 15, 2013 1:49pm

Shares

Does anyone know if the company shares will be increased to 4 billion as originally planned months ago?
Comment by riverrocks on Jul 15, 2013 2:17pm
Shane no that will not happen now.
Comment by xo42 on Jul 15, 2013 7:05pm
Shane, Cline was able to get just over $9 million from Marret (a portion of which was really an interest payment). Marret in return got convertible bonds which convert at $0.005. This gives them the ability to convert this debt into shares and control over 90% of the shares. The last deal Marret had they had to convert and backstop almost $60 million to get 95 ...more  
Comment by riverrocks on Jul 15, 2013 8:36pm
XO42.  Shane is an old timer here on this board and he knows all about cmk. He is known for calling everyone on the board morons. So when he is asking questions they are usually to cast  doubt .
Comment by shane117 on Jul 15, 2013 10:07pm
Actually Riverrocks, it was a legitimate question. I haven't called anyone on hree a moron in a long time and it feels good. Don't make me start up again with you......
Comment by riverrocks on Jul 16, 2013 7:29am
You tell me you did,t know the answer already. Don,t start your moron stuff again after all there is only 6 or 7 of us left on this board.
Comment by specboy2011 on Jul 17, 2013 11:31pm
Dont worry shane riverrocks is the stockhouse moroon wherever he goes.Waste of air imo....Cheers hope this works out for you guys but looks bad
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