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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Post by honeyguruon Nov 02, 2011 8:58am
318 Views
Post# 19201212

Stronger Valuation Soon

Stronger Valuation SoonI see excellent karma in the market today as oil climbed back from yesterday and gold is up. The market is saying that things with Greece are going to be resolved and it is a non-issue. I tend to agree with the notion that coal has good karma and am bullish. Emerging countries such as China, India and others need cheap energy options. Oil is much to expensive when you compare it to the labour costs in those countries. Coal is an excellent, cheaper alternative for those countries.I think a buyout is very possible. Many resource companies that have proven and probable reserves are bought out early and valued higher than this company. I think a stronger valuation is where we are heading soon. ^^think clear, positive and always wear your happy face :) Guru
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