Cline Mining Corporation T.CMK

new share count and 1c EPS

[GEEE]

In connection with this thread
https://www.stockhouse.com/Bullboards/MessageDetailThread.aspx?sv=2&p=0&m=29256230&r=0&s=CMK&t=LIST

and this
https://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&m=29726204&l=0&r=0&s=CMK&t=LIST
https://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&m=29766277&l=0&r=0&s=CMK&t=LIST
https://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&m=29750557&l=0&r=0&s=CMK&t=LIST

According to May 20 MDA: Apr 14 2011 share count was
175.66 m
+0.93m warrants
+ 8.31 m options
= 185 m

New dilution 27.3m
=212.3m + brokers options 1.6m
= 213.9m

Over allotment 4 m
TOTAL COUNT = 217.9

Total new dump 33m sh with O/A


You can be sure when PPS will go down they will take advantage and print themselves more options
Plus they have to rise # of options in line with rising share count = must assume 1.1m more in 2011.

TOTAL 2011 shares 219 m
Exactly as I have predicted 3 months ago.

To justify $ 2 PPS ,CMK must make 2011 40c EPS at P/E 5 = $88m

$88m will be their revenue - not earnings @ 350kt sales.

EARNINGS at 350kt prod will be NEGATIVE 2011.
(just the lease of storage yard at port cost them $ 6.2 m without improvement and loading /unloading gear ,conveyors etc.= $17/t at 350kt.
If Jansen yard lease is say $ 3m/Y = another $8/t at 350kt .Just yards = $25/t LOL)

To justify $ 3 PPS ,CMK must make 60c EPS at P/E 5 = $132m

If not loses but 1 c EPS / 2011 than P/E is now 280. LOOOOOL
40c EPS @ 219m sh they MAYBE will make in 2012 after another dilution


THE OPTIONS DUMP VS THIS NEW 33M DUMP

They dumped 1.7 m options and warrants March 1- Apr 14 ( 2m by now? )
and 4.7- 5 m since Jan 2011
On top of 8 m in 2010.
And right away they reloaded themselves new 4.4 m options.

What happened to PPS during this dump ?.
40% down?
.What will happen to PPS durIng 4 months steady dump of the 33m sh 'bought deal"?

The different dumping " time slots ".

The first 4 months 2011 time slot was for insiders feeding frenzy on top of chart.
WHILE MISLEADING /LYING /NOT DISCLOSING MATERIAL INFO .

(notice,they gave May 20 a cash position of 22m BUT CASH ON FEB 28..
in first 3 months they spend $24m so, if that pace continued ,by May 20 they had CLOSE TO ZERO.)

To fill their pockets the gullible shareholder had to spend around $ 20m till end Apr.
And of course LOSE BIG (40%from top) on PPS down drift .

Now, the next 4 months time slot is designed to dump the 33m sh
= 6 TIMES MORE SHARES for sale than during "insiders- dump- time-slot."

Brokers of course want to make money by buying $ 2.75 and selling higher.
They already published MISLEADING sale flyers = " reports" LOL
So, the gullible shareholder will have this time to cough- up $90-100m
to be able to hold the bottom PPS at $ 2.8 -3 .

Go and mortgage your farm Godman LOL AND TELL THE PIGS IN YOUR BARN HOW GREAT IT WILL BE loooool
OR MAYBE LEARN THE DIFFERENCE BETWEEN COMPANY AND THE STOCK OF A COMPANY.
.
.

[cooper90]

Absolute crazyness GEEE, Here is a taste of your own medicine......Shares outstanding with overalot 206 not 219 look at SEDARS and use your calculator....LOL!Options vest and or stock purhased and added to float if difference is higher than option price, if not they don't turn into shares   If SP go's up past $3.50 a share maybe 1-1.5 million vest I am good with that by

[billlc]

Way to go Cooper. Plus a lawsuit, plus Lossan, plus the gold mine, plus probably a billion tons of iron ore.

[scanido]

Buyer beware of Cooper90 as his posts have obvious misrepresentations. This post on May 27 on one of CMK's runup's to +$2.90 referred to Sedar documents that are readily available that contradicts the statements made from this post.

[cooper90]

Your such a knob.....scanido2 Can't wait until you get caught with your shorting.....BIG>>>L>>>

[scanido]

You register and start posting here constantly the minute the stock announces the equity financing. Literally pumping the stock and getting people to hold on. You posted some inaccurate and misleading information from your post below. Your recent change of mindset of not buying lower is questionable given all the recent praise you gave. Maybe the one really shorting is you! Looks like

[scanido]

You register and start posting here constantly the minute the stock announces the equity financing. Literally pumping the stock and getting people to hold on. You posted some inaccurate and misleading information from your post below. Your recent change of mindset of not buying lower is questionable given all the recent praise you gave. Maybe the one really shorting is you! Looks like