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Cline Mining Corporation > 14 Bucks Nav

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Post by longrun on Jun 12, 2011 5:06pm

14 Bucks Nav

CMK is Take over target for sure Though Jennings recent Report said its NAV is More than 14 Bucks but i will be Happy to get 10 bucks . Either American or Teck could take it over.

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Comment by janpier on Jun 12, 2011 7:57pm

Link to the report showing $14 target, please? I would like to read it myself. Thanks.

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Comment by maplak on Jun 12, 2011 9:13pm

you will find faster link to $1.4 price.LOL

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Comment by pastafagoli on Jun 12, 2011 9:17pm

THe report is dated April 18, 2011. It should be on the Jennings website. Their target for CMK is$6.50 but they comment that using the current price of coal CMK has a NAV of $14 per share using a discounted cashflow model. Their $6.50 target is an average of 4 valuation metrics including the NAV.All the long term models bring met coal back down to the high ones. It met coal ...more

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