I am travelling for 4 weeks on overseas projects; many of the remote areas do not have high speed internet. Consequently it is difficult for me to post.
Cline had massive gains in a 7 day period; moving from 1.03 to 2.68.
It should be obvious to all, that a pull back and a consolidation period were inevitable.
The facts and the real value in the ground have not changed. Much of what has been posted is just back ground noise.
I am still long for the same reasons as posted in my Due Diligence Blog. I do not change my views because of an oscillating stock price.
Cline has now transformed into a trading stock, it will trade its way to full value.