Cline Mining Corporation T.CMK

Wow

[maplak]

CMK hit 52 weeks low  !My prediction was that it will go to $1 based on lack of production,no sell,no contract  etc.Now with demand for coal slowing down together with possible financing we will go under $1.scary.I do not understand why Cmk sold off on slow demand of coal when they  do not produce any or just very little to supply neighbors?Please help me here.

[miner8740]

they may need working capital to continue operation in driving the Bates Tunnelsmay see 50 cents in a couple of weeks

[jonathanstan]

Your prediction is su*ks--->will go to $1 based on lack of production,no sell,no contract etc.Any stocks right now are working to the bottom just dont know where, its not base on company operation. When CMK hit $5+ was there a lot of production, sell, contract???st**pid..open your eyes.People should jump in now, this is a chance don't miss the boat like back in 2008...where ppl

[ark88]

So, we broke the 52 week low. Now we have to wait a bit longer before thinking about buying. If WTN's 2008 SP drop is a reliable example then I'll wait to see if the marketcap bottoms around 180-200 mil., which will put it around a $1 mark.

[jogajoga]

CMK has 60 cents In cash per share so market is giving 70 cents more for Coal ,,WOW