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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Post by bond46on Dec 07, 2012 12:52am
438 Views
Post# 20696542

Common shareholders will be holding the bag

Common shareholders will be holding the bag

I would not mind seeing the Masterminds of this fiasco, and all the option holders, Bates and associates be wiped out and go home. In case this company goes to chapter 11, the bond holders have the first crack at it and whatever is left goes to the common shareholders. It's a good thing that the chief mastermind has a skin in the game, 1.8million shares that will be worthless and so will be ours, but at least we will get the satisfaction that those responsible for the fiasco will pay the price as well. And don't forget the Senators filling space on the Board. We don't know how many options they have, but they will be made worthless. And finally i hope these people will learn their lesson and never  gamble again with the shareholders money.Hope the day of reckoning is near and the noose is getting tighter around their neck.We'll see

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