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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Comment by bond46on Feb 08, 2013 12:49pm
252 Views
Post# 20959558

RE: RE: RE: RE: Dilution in the cards

RE: RE: RE: RE: Dilution in the cards

Hope you're right and from your mouth and to God's ear that the company is sold. If the company is not sold, Bates and co the only thing they will probably lose is their job; they can keep their diluted shares and if the company does well under Marret they'll get their pound of flesh, too. As for the options they have, they are all worthless because no one would exercise them at $1 or $2 when they can buy the shares at 10cents in the open market.  So, Bates might not have "sale" of the company as his first priority and all is a public relations exercise to cover, you know what, if and when there is a AGM and face the wrath of the shareholders. I know it sounds like a conspiracy, but I like to believe there may be some truth to it.

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