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Cline Mining Corporation T.CMK

Metals & Mining Industrial Metals & Minerals


TSX:CMK - Post by User

Cline Mining Corporation > Congratulations CMK
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Comment by mateo999on Apr 11, 2012 3:37pm
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Post# 19782131

RE: Congratulations CMK

RE: Congratulations CMK

You wouldn't liquidate this.  There would be a strategic buyer.  Guaranteed it would sell for more than $50mm (value of marret loan).  They have 6CMs operating, 4 on site.   All the fixed capital has been spent.  Now it's just a matter of variable cost < price of their product. 

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