It is not looking good for Cline Mining. It is not looking good for Cline Mining.
I am just wondering how long before Strike Mining will last before they too will be looking at chapter 11 Oct. 15 23012 the price per share was $0.05 and is still at $0.05 today.
ALL MOST TWO MONTHS AND HAS NOT MOVED
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
Read more at https://www.stockhouse.com/bullboards/messagedetail.aspx?p=0&m=31876429&l=0&r=0&s=CMK&t=LIST#Ho7VQBpJIUA8yCpF.99
All this is IMHO
tinyhopes