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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Comment by cooper90on Feb 29, 2012 3:31pm
273 Views
Post# 19606644

RE: Frustrating

RE: Frustrating

Fact is looking at it from a day trading standpoint you make money on days like this as a short no doubt, you can make a pop when it's positive.....but the reason we are in this particular game and not all in TCK is the opportunity to see 3-4-5 bucks once things get going.......lure of the big POP!

58 million in the bank, 50 million CL = $108 million, 200 million in assets, plant, equipment etc, the miners alone are 10 million a pop = 100 million, not like the money for the equity went out the door it all went to upgrades, upgrades, more upgrades, and 100 million in equipment which will last for many....many years, it's a one time purchase to out-lay and await the production to re-coup spent capital dollars.....not much to pay back if they don't borrow more by the end of the year either.

This is tangle buy assets and cash = $2 stock...anything more is the upside for production unless it is all a complete SCAM....even the Governer is involved....hahaha(hey joking if he is looking at this message) and hey it go's to zero.....NOT!

At $1.70 is not a bad upside back to 2.00 bucks.......shorts be careful and not too greedy!

 

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