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Bullboard - Stock Discussion Forum Cline Mining Corporation T.CMK

TSX:CMK - Post Discussion

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Post by beeker2 on Jan 19, 2012 2:28pm

gce

If the gce bids falls through it is bad for us. We want those gce investors to get the maximun cash and have that stock taken private so those cash flush happy investors can go to the last couple of met coal producers on the tsx. I'm very happy with the price action the last few days. The tsx is performing well expecailly for uramiums/coals. I just hope the next nr is positive and no more delays!
Comment by cooper90 on Jan 20, 2012 9:55am
Agreed beeker2....I made a nice little chunk of change right on the buy-out offer but got out that same day and took my gains. I know this is the CMK board....yada...yada......but is anyone getting into GCE at $9 and taking the chance on a $1 per share of 10% lift on the offer price....I am so temped to....I guess always a gamble. If anyone has further info or insight on that development let us ...more  
Comment by shane117 on Jan 20, 2012 10:06am
Its not worth the risk Cooper. Don't be greedy!
Comment by ark88 on Jan 20, 2012 10:44am
Cooper90: Here's the latest from Reuters that states that Fitch believes that Winsway has enough liquidity to proceed with the buyout of GCE. Go have fun. GL Fri Jan 20, 2012 2:41am EST (The following statement was released by the rating agency) Jan 20 - Fitch Ratings says that allegations made by Jonestown Research against Winsway Coking Coal Holdings Limited (Winsway, 'BB'/Stable ...more  
Comment by cooper90 on Jan 20, 2012 11:47am
Thanks Ark appreciated! Coop
Comment by cooper90 on Jan 20, 2012 11:53am
Thanks for the warning, you have a good point......but GREED is GOOD!!! Maybe dip my toe in....but could get burnt UCCCH!! So temping though.. Problem is CMK and my other stocks keep poping so why get out your right! Coop
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