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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Comment by hoagy16on Jan 02, 2013 2:05pm
185 Views
Post# 20789428

RE: RE: RE: low volume bullish sign for CMK

RE: RE: RE: low volume bullish sign for CMK

You are correct to a point.However you lose the upside leverage.For example lets say you own

100.000 shares , current price is say 10 cents.A 1:10 cons. leaves you with 10,000 shares worth a buck.

If the price rises say 10 cents you make $1,000.However if you had the 100,000 shares you would

have made $10,000.Thats the rub on large consolidations.

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