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Bullboard - Stock Discussion Forum Cline Mining Corporation T.CMK

TSX:CMK - Post Discussion

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Post by ckstar83 on Apr 11, 2012 11:18am

bad news

i'm guessing by today's weak share price in relation to the general market and walter energy being up 5% today, that bad news is going to be coming out of cline............i just can't wait to go the annual meeting and see what these clowns have to say for themselves..........terrible investment so far, i am actually embarassed to admit it
Comment by cooper90 on Apr 11, 2012 11:24am
This one's been a real bad call.......it's May in two weeks time and we have heard nothing from the company since December, even Decembers NR was old news based on the previous quarter........5 x months into the year and not a single comment on anything related to sales, production.....nothing......I just don't understand it.... I sold half my position just above $2.....still have a ...more  
Comment by Eigen337 on Apr 11, 2012 11:37am
This post has been removed in accordance with Community Policy
Comment by retiredrcaf on Apr 11, 2012 11:44am
Eigen, the confirmation that things are not going well is their continued silence. The way this management team treats it's shareholders is a disgrace IMO. This decline has been systematic and steady. I'm guessing a financing announcement follows shortly at the $1.25 level.
Comment by ckstar83 on Apr 11, 2012 11:49am
eigeen, your telling me that 2 million shares being traded in 2 hours (WAY ABOVE NORMAL TRADING VOLUME FOR THIS COMPANY) with a 5% loss for the day would not result in no bad news coming ahead.............. as a long, i hope i am wrong about no bad news coming ahead,,,,,,,,but we all have known about this company continued bad news over the past year. and we are all fed up........
Comment by Eigen337 on Apr 11, 2012 11:59am
This post has been removed in accordance with Community Policy
Comment by retiredrcaf on Apr 11, 2012 12:09pm
LOL....pump up what production. As far as I can determine, they have never sold a single ounce of coal yet. How many CM's are working right now? Don't know cause they won't say. What targeted production rates....3 MT, 2.5MT, 1.7MT....what is it today??? For Cline, what is considered "near term"??? What does our coal salesman do all day long since Jan 2011???
Comment by smithski on Apr 11, 2012 1:02pm
seems like a holiday in coloarado... no word from the exec, likely in heavy meetings to finalize the next amazing plan
Comment by Stocker46 on Apr 11, 2012 3:12pm
Very discouraging that the market is up over 100 pts and Cline is down 7 - 8 % Not surprising based on how this stock has been manipulated in the past ........ or mabe all the NEGATIVITY on this board is finally getting to some investors ....... I think some of you people are a little bipolar. I'll be happy to buy more at these prices. It's a real BARGOON !
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