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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Comment by bond46on Feb 19, 2014 5:22pm
245 Views
Post# 22227154

RE:RE:need word from our CIO

RE:RE:need word from our CIOHello CIO, where have you been. Good to hear from you coming out of hibernation, hope that that snow up there did not bury you in, we were worried for a while. What type of equipment are they selling? Miners, vehicles or what. You see guys that Marret, don't want to convert bonds into equity and take ownership of this outfit for they would have to incur the operating costs. So what they do, is auctioning some assets. But how far can they go with this method in order to secure operating capital and keep the lights on? Not very long I gather. Marret and the new masters will have to make up their mind whether to sell at any price or try to make a go of it but they can not keep up with the status quo. When Marret were making 12% interest on the bonds, they were having a party at our expense. Now, is pay back time. Have fun
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