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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Post by mewbuddyon Jan 25, 2013 12:26pm
178 Views
Post# 20890689

RISK /REWARD

RISK /REWARD

if CMK got an offer 20 cents which means someone need spend 110m on this deal. 55m for debts and 55m for the shares. they can't even raise a few million from last September to last Decmember to avoid interest payment default what can be changed in a month? the bond holder will convert the debt to shares at 1.2cents usd and dilute the shareholders in massive way. a typical pump &dump.

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