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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Comment by mewbuddyon Jan 25, 2013 12:45pm
190 Views
Post# 20890810

RE: RE: RISK /REWARD

RE: RE: RISK /REWARD

shane, it had 4 months last year to find a partner but got no luck at all. how would u expect some miracle happens in a month? the overall resource market still bad, Why would someone give the market huge premium for the unsalable coal?

if there is a buyer willing to take all the debt why would they pay 20 cents for the shares? Cline had already agreed to covert debt to shares 1.2 cents. anything higher than 1.2 cents would be considered as a better offer to the share holders.

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