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Bullboard - Stock Discussion Forum Cline Mining Corporation T.CMK

TSX:CMK - Post Discussion

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Post by maplak on Oct 09, 2011 10:43pm

Gee

this is unreal.Approximately 6 months ago they got financing for 75 million @$2.25 or so. Where is the money go , no production,no up date on spending or progress,no coal contract.Wow- broke on Oct.6 the got line of credit for $50 millon.Just  three days later realizing that they are broke like Yellefund&Alwayswrong have sold /gave away one of their cooper properties for additional $40 million.My question is :how much more money they will need to start production?Will they ever to be able to do that?If I am not mistaken since 2008 they have  raised                            over         $300 -400 ?                    million just to restart old mine.
Comment by elefentman on Oct 10, 2011 9:04am
MAL-PALCK!..CHATLAK -PATLAK!...;-)))))) TELL THAT MY DOGY!... ;-)))))) this isunreal.Approximately 6 months ago they got financing for 75 million@$2.25 or so. Where is the money go , no production,no up date onspending or progress,no coal contract.Wow- broke on Oct.6 the got lineofcreditfor $50 millon.Just three days later realizing that they are brokelike Yellefund& ...more  
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