Cline Mining Corporation T.CMK

Cline is Remarkably Cheap

[Mine_Professor]

Very good post by Waterboy.

 

Vale buyout is very similar to Consolidated Thompson buyout of Quito for $150 million.

 

Clines iron project is worth more because of its close proximity to Asia.

 

Clines iron project is probably worth $180 million, at 90 million shares outstanding, this is equal to $2 per share.

 

The above company value is without the coal, gold and uranium projects.

  

Cline is remarkably undervalued.

A buyout price for Cline could be over $4 per share based on its coal assets.