RE: What I SaidMine pumpers post in blue
Calabinest's posts in black
Clever-Invest:
You say that Cline was a pump and dump.
This is just more of the rubbish bashing that you forever hit Cline with.
If you had not noticed, I was talking about you. You pumping Cline, you dumping Cline.
A large % of shares, probably greater then 50% of the shares are held by insiders, Pinetree, Mitsui and Management.
Of course management hold some shares, they issues themselves dirt cheap options, and no doubt, will do it again. The shares are held so tight you say, yet Cline lost a huge shareholder in Thyssen Krupp. In all your infinite wisdom not once have you commented on Thyssen bailing. But, I bet you think you are smarter than Thyssen Krupp. As for your consistent comments on Pinetree, take a look at the stockchart of the Company you are lavishing the praise on.
If Cline was a pump and dump, we would of seen major mass selling by the inside group.
I guess them selling hundred of thousands of shares recently is insignificant to you. Most of which were from the cheap options they issues themselves just months before. Forget about the more expensive options that many held but were still well in the money, they sold the very cheapest most recent ones. Now if Cline directors would have exercised more of the more expensive options it would be more respectable as they would be adding money to the coffers of the Company. However when you see the CEO selling shares at 1.90 one day before a deal is made between Thyssen and Mitsui for Mitsui to buy TK's stock at 1.40 it stinks!
In fact we have seen quite the opposite, we have seen continuous large buying by Pinetree and Mitsui.
Mitsui is not buying Cline's shares in the open market. Mitsui bought Thyssen's shares below their market value. What you fail to address is that Thyssen bailed. All your talk about how tightly held the insider shares were yet officers and directors sold and one of Cline's biggest shareholders bailed.
This fact proves that you are wrong.
You do not address facts. You make reckless comparisons.
"I also realized that that Cline never hired any experts; this told me the business model. Cline business model is similar to Ross Beaty Copper projects. They collect assets and sell the company."
"Another indicator flag was Clines new web site. Cline had a lousy old web site for many years, it had no promotional flare. As FatBids stated, Cline did not issue press releases; in fact they had a complete news blackout. "
Consolidated Thompson paid $150 for Quito. If Cline has 76 million shares out, this is equal to $1.97 per Cline share. Clines project is better then Quinto. So it is easy to say Cline Iron project is worth a minimum of $2 per share. The Iron value per share in the ground is far greater, but that can not be used to determine share price.
Just think $3 Billion dollars per share, that is what you own.
Remember this $3 Billion per share, because we will also get whip lashed.
No matter what happens, think this big number $3 Billion per share and you will sleep like a baby and be very rich come year end.
Cline financing will be done well above $2 per share; maybe as high as $4 or $5 per share.
Cline is not your average junior company. Management are veterans with vast experience with some of the oldest companies in Canada. They have deep links to serious capital funding; they are gentlemen of outstanding credibility in public service. This is the true image of Cline and it is correct one for the massive job at hand.
But of course you do not care about being wrong, you just want to bash Cline so you can buy cheap shares.
Not even close to true.
Today people have the opportunity to buy Cline nearly 50% cheaper then Mitsui and Pinetree recently paid. Its up to the individual to make his own buy and sell decisions. Obviously Mitsui is a very informed investor.
And I guess it is equally obvious that Thyssen Krupp was an informed investor as well?
Obviously you want to rob the shares from the people you scare.
Think what ever your twisted mind chooses. I wish to rob nothing from nobody. You on the otherhand have attempted to strike fear into people encouraging them not to sell by playing into their greed.
Good luck with your plan, I will be buying as you bash and I suggest others buy below what Mitsui paid.
Of course you will be buying, you dumped all your shares at higher prices while you continued to cite massive valuations. Your going into round 2 of your cycle as a pumper. You are changing your tactics somewhat because you now need to reinvent yourself and your position, because what has happened in Cline's value has not reflected your excessive pump. You now have a revelation that Cline is a trading stock, but you are late to the party on that fact. We know Cline is a trading stock, but you are just waking up to reality. I have lived through this chart cycle with Cline in the past. These post are not entirely about Cline, they are about YOU. I think you enjoy the replies, because it keeps negative sentiment ongoing on this board which fits into your trading position. You dumped it on the high as you attempted to pump it even higher, and now you wish to keep the sentiment going so that you may reload and go into round 2 of your cycle. You really think people believe that you went away on holidays don't you. Whose money financed your trip, all the suckers that you tried to convince that Cline was headed stright to the moon. Batters up!