Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Comment by ark88on Oct 07, 2011 10:29am
331 Views
Post# 19129402

RE: News !

RE: News !What do you think this last sentence means...........the ability to avail itself of other strategic opportunities." Breaking NewsToday's small-cap stocks to watchCanadian issues that are moving on early newsDave PriceMidnightTrader.com10:21 EDT Friday, October 07, 2011Cline Mining Corp. has touched as high as $1.63 today with more than 2 million shares traded inside the opening 45 minutes (compared to a 30 day average volume of 2.3 million) after announcing today that Xstrata Coal has agreed to acquire 100 per cent of the company's metallurgical coal deposit within the Lossan property for C$40 million, subject to customary conditions. The company said proceeds of the fund will be used to "ensure efficient ramp-up and expansion of its New Elk metallurgical coal mine and the ability to avail itself of other strategic opportunities." The stock has a 52 week low of 99 cents and 52 week high of $5.04. Today it has traded in the $1.50 to $1.63 range. Its 50 day smart moving average is $1.53 and its 200 day SMA is $1.46.
<< Previous
Bullboard Posts
Next >>