Cline Mining Corporation T.CMK

Cormark

[cacheitin]

cormark have come out with a new report.

price target is now $4, no longer  a speculative buy. it is now rated as a 'buy'.

from the details of the report it looks like cormark has really done their due dillegence.

if i remember correctly they are saying that 6 continuous miners are now in seams and that even without longwall approval cline has the capabilitiy to adjust the mining plan to reach around 4million tons a year. they have stated that this is one of the few remaining M&A targets out there.

also they said that because of the composition of their coal they expect it to be in very high demand from steelmakers due to its ability to be blended.

don't have the report to post as it was read to me. i think i have stated the highlights of the report as accurately as possible.

[seanj1]

https://online.wsj.com/article/BT-CO-20120106-705701.html</p

[ark88]

I see that computer programs are busy today controlling the shareprice. Looking at L2, where do you think we'll end up, $2.00 or $1.91?     Market-By-Price REALTIME Time # Size  Bid 13:47 20 29600  1.95

[j0n3s]

Based on the flow of bogus orders... I'd have to say 1.91   I watched as a whack of orders flooded in 1 minute after seeing a pretty positive L2.  For a brief moment I thought great sell another 154,000 and we might see a slight break above 2.00 then BAM all of a sudden cross transaction flooded the queue and down we went..... very frustrating to watch... nonetheless I'm long

[ark88]

j0n3s: you got that right. Have seen this pattern too many times. Again, there's very little that we the retail investors can do but wait.

[j0n3s]

ark88: I'm a pretty patient guy.  I won't sell my shares no matter what it get pulled down to.  I'm very comfortable and not worried at all that I will make money on this stock in the medium term (6-12 months).   Have a great weekend.  Looking forward to Monday

[j0n3s]

Good call ark.   I watched from 2:30 on as the bids climbed and the asks declined.... thinking maybe just maybe we would be freely traded BUT only to see crosses bring us down.  What a sham.  I watched crosses from National trade lower to National, and Anon trade lower to Anon and Morgan Stanley trade lower to Morgan Stanley.... which leads me to think either