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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Comment by cooper90on Oct 07, 2011 10:59am
353 Views
Post# 19129562

RE: RE: News !

RE: RE: News !What a great move by management........IMO...again they need to continue to make these positive moves to make up for all the negatives and get back on track in investors eyes....

50,000,000 Million unused Credit Facility - great news
40,000,000 Million cash from Mine sales (non-core assets) - great news
86,000,000 was dilution and sucked but in these times it allows for 50,000,000 million in cash currently..IMO will see what the numbers say shortly
No debt
Whole mine site is new, upgraded, Blue seam commencement 30 days in.......

Getting there longs.....!!!

Kicking myself for not buying more at $1 but I have lots (under this price) and needed to see the refersal first.


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