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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Comment by pastafagolion May 13, 2013 10:39am
135 Views
Post# 21384997

RE: Buy now or buy later?

RE: Buy now or buy later?

The only benefit of buying now is getting in at 2.5 cents.  However, its likely you will lose all your money again.  I think its better to just wait and see.  You can always buy in later.  The standby purchasers will be dumping their 2 billion shares so the price will not be going up in a hurry (do they have a minimum hold period??).  I see more dilution or a JV at best.  The financing needs of this company were severerly underestimated.  They went for a home run and struck out - Bought like 8 new continuous miners - would love to have the funds they spent on them now and they are collecting dust.

If some good news comes out then buy.  Last time we had good news was christmas eve 2010?

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