Cline Mining Corporation T.CMK

Down 300% in 6 x months......

[cooper90]

When will this ship turn around........

In April of this year CMK was sitting at a stock price of $4.15....it's down 300% in 6 x months.....that hurts.

I really hope they can start to produce soon.....

[stocknup]

Please explain to me how it can be down more than 100%.Thanks

[miner8740]

Is it possible to save dollars CMK may go on care and mtc until the recession is over, like they did in 2009

[Tobuyornot]

Stop it with the recession talk already!  It ain't gonna happen.  This pullback is about a US buck rising. Obama is going to engineer it lower ASAP.  US Fed will oblige once the Euro settles to it's requisite rut -- not improve just settle.

[maplak]

Never! It will go down to $1 and than below $1 to .80.May be it will be taken out for $2.But first buyer must find out if the mine is reliable will make money ,how much more $ it will need to get it into production ......too many ifs at this point.My recommendation is strong sell. I used own CMK  than day trade it but you can not even do that anymore.CMK is just poor dog.Who

[Mikey48]

No they won't Miner!!  They need to continue on with their plan.  To begin to supply their future contracts they need a substantial stock pile of coal, so this is not the time to back off.  The price of met coal is still high and the demand is still there.  The third world countries are still in need of this limited resource so this is not the time to go in idle mode.