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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Post by cooper90on Apr 12, 2012 11:10am
331 Views
Post# 19785640

Cline value position....at this stage

Cline value position....at this stage

with 208 thousand shares....company is now valued at a whopping 232K......they have 53 million in the bank at last check give or take 10M.

They already stated on the year end financials that capital equipment is around 200million, not including the mine, site, infrastructure.......

$53M cash / $200M equipment / 350 million reserve mine / infrastructure is updated, buildings etc all for $232M which is less than equipment and cash on-hand

This is crazy..........I don't get it.

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