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Bullboard - Stock Discussion Forum Cline Mining Corporation T.CMK

TSX:CMK - Post Discussion

Cline Mining Corporation > be careful.....
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Post by Northguy53 on Oct 31, 2011 1:05pm

be careful.....

remember this is a spec stock with no earnings...i still don't know how people can compare this badly run spec stock with GCE...just doesn't make sense...watch for insider selling...according to old sleezy Bates this company has been in production since Dec, 2010...yet no earning and no customers...but lots of cheap options for insiders...any newbies here should be very very cautious...I'm just saying...JMHO GLTA
Comment by unclesam2 on Oct 31, 2011 1:37pm
- All I see is.... Smart Money Selling and "Dumb Money" moving in..... Why ????.... this is a spec stock with no earnings. The company just sold some of their assets to cover their expenses. Most Importantly.... Check the price action on some of the largest coal producers on market today. (WLT, BTU, etc...)... They are all trading "negative !!!". - GCE got taken out ...more  
Comment by Mikey48 on Oct 31, 2011 1:59pm
So why are you here Unclesam!!   Your just another basher with no stake in this stock.I love you people, you figure you throw a switch and company can be at full production.....mining is a dangerous industry and heavily regulated so things develop slowly.  We are producing and we have sold our first shipment of coal, how soon people forget....Yes other coal stocks are down, so what. ...more  
Comment by unclesam2 on Oct 31, 2011 2:21pm
Good Luck to you Mikey.... You will definitely need it with this particular stock !!As far as to why I am here should be none of your concern... if I am a basher, you are a pumper !!...and from what I see this is a "Pump and Dump" stock... That is how this has played out for all this time... "Golden Rule in investing... Buy the stock because of the management ...more  
Comment by Mikey48 on Oct 31, 2011 2:38pm
Hey Uncle slam!  I'm not a pumper I'm a realist.  I have owned this stock going on three years!  I bought this as a spec play and I have watch this develop over the years.  I have played the buy and sell game too and have made alot of money on this stock.Yes, there are some issues with management but I have not seen a company yet that didn't have it's own ...more  
Comment by jogajoga on Oct 31, 2011 3:15pm
I agree be careful at these prices ,They need to raise more money and shorts know this so they are shorting this Puppy with both hands now ,,next Financing could be at 1.60 soon.
Comment by jogajoga on Oct 31, 2011 3:20pm
I told u so when it was at 2.16 and look now at 2.04
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