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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Comment by aatwalon Jan 24, 2013 1:47pm
284 Views
Post# 20885539

RE: RE: RE: Strange similar feeling

RE: RE: RE: Strange similar feeling

Exactly my point...in the past CMK did not face this situation before.....so IMO it is a critical time in terms of getting something done for the shareholders or not!??!?  Because if they do not act Bondholders will own CMK, and mostly likely current management will be kicked out, and we shareholders will be stuck with 0.02 a share price and most likely a reverse split like 20 for 1.....Then again it all depends on how many shareholders use the rights offering to buy more shares it they/we don't....current shareholders will be diluted by 90%!!!

 

Again I do think this is very important time in CMK's history....consequences of the alternative to the Marret plan not happening are very huge for current shareholders and they better pay attention!!!

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