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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Post by bond46on Apr 30, 2012 10:38pm
241 Views
Post# 19854734

RE: Strange Bed fellows

RE: Strange Bed fellows

Mitsui and Mitsubishi have been competitors of sorts but never joint partners until recently. They both joined hands to buy 15% stake in Woodside Petroleum an Australian LNG company for $2b and also signed an agreement " to look at other joint ventures on the global markets". By coincidence Mitsubishi just lost Met coal production when BHP and Mitsubishi closed a mine in Australia producing 60 million tons a year Will Mitsubishi replace the lost production by buying somewhere else with Mitsui as a joint partner? Quite possible. And is not Mitsui one of the major shareholders of CMK. Or is Mitsui out. We can't even tell anymore who is the major shareholder in CMK. This management is so secretive, we can hardly find anything on their web site other than smoke and mirrors, pictures and videos of the High Priest, Mr. Bates who does not miss an opportunity to parade his ego on that screen. Mitsui, is the 2nd largest coal company in the world, could it take an interest in CMK along with Mitsubishi , or maybe they won't stoop so low when the company has been thrown into the dumps by Ken Bates ,and his buddy Mcknight the former Minister of Mines(!) of Canada. May Buhda be with us.   

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