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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Post by aatwalon Apr 24, 2013 11:17am
222 Views
Post# 21294763

12.6 million vs. 240 million market value

12.6 million vs. 240 million market value

What is the true value of CMK.....right now it would be 12.6 million, BUT the market knows the Marrett Plan is in place, and matter of time when CMK will have around 4 billions shares out. if everything is done according to the plan.....SO in essence would not the true market cap. would be 240 million (0.06 times 4 billion shares).....I am basing this assumption on the fact that markets are forward looking..........realistically the share price should be 0.02 cents based on value placed on the shares or 80 million market at 4 billion shares out. or currently at .38 cents on 210 million shares out. currently gives the 80 million market.........

Confused yet......anyone else wants to ponder on this!

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