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.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Post by mbbankeron Nov 02, 2011 9:26am
368 Views
Post# 19201320

Bankers Take - Market today CMK

Bankers Take - Market today CMK**Just as I said, the TSX is up and things are returning to be very bullish on this stock. Should be plenty of volume on it driving the price much higher today. I expect it to move upwards to the $3-3.50 range by the middle to end of the month.**The TSX will be up tomorrow as the markets warm up to what is unfolding. Greece has no choice but to accept the euro bail out plan. It is a show for the public to appease the people. If Greece did not accept the plan they would be out of the euro and bankrupt without any investors. There is a zero percent chance of that happening. A euro bailout plan will be accepted pumping a ridiculous amount of money into the system and cause the resources to rise substantially in the market. Bullish for the rest of the week. We are probably looking at a closing price in the range of 2.50 - 2.95 by Friday's close. There won't be any shares of CMK on the market at this price for much longer. Last chance to get them on the cheap.Important Facts: As at August 31, 2011 the Company had cash of $57,353,320, total assets of $208,433,672 and shareholders equity of $202,547,383, compared with $43,758,330, $67,448,590 and $116,731,279 respectively as at November 30, 2010.Production of metallurgical steel-making coal slated for world markets is anticipated to ramp up to a production run-rate of 3.0 million tons annually during the first quarter of 2012, as described and detailed in the 2011 Technical Report. Total production for 2012 is anticipated to be 2.75 million tons. Misc facts: China needs to keep their economy hot to avoid having a cooling down that could lead to an arab like spring. Regardless of what happens in europe and the rest of the world, China will simply spend more domestically on large scale projects and their energy needs will grow rapidly along with the emerging economies. This one is a winner. Mitch
<< Previous
Bullboard Posts
Next >>

USER FEEDBACK SURVEY ×

Be the voice that helps shape the content on site!

At Stockhouse, we’re committed to delivering content that matters to you. Your insights are key in shaping our strategy. Take a few minutes to share your feedback and help influence what you see on our site!

The Market Online in partnership with Stockhouse