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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Post by bond46on Jun 20, 2013 9:36am
197 Views
Post# 21547191

makes no sense

makes no sense

It makes no sense to sign a forbearance agreement and wait for a recap agreement at the end of the month. Why not start bankruptcy proceeding  now and forget the formalities, if indeed that is what Marret is planning. My sense is Marret will give Cline with the new leadership a last chance to lower costs, streamline the operations and either prepare the company for sale or go into production when market conditions turn around. Yet again noone knows better than the insiders, unless we are prone to speculation. 

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