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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Comment by bond46on Dec 29, 2012 6:22pm
370 Views
Post# 20780996

Correction

Correction

To exercise the warrants that will be issued to the common shareholders, the price of the stock must reach .06 cents or greater, then you could exercise the warrants and buy shares at 0,02 cents and not at 0.06 cents as stated before. Now the question is, will the stock ever reach the 0.06cents after the dillution, if it occurs, so whoever buys at 0.02 to be able to sell at 0.06cents and make a profit? That is very questionable if and when that ever becomes a reality.

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