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Bullboard - Stock Discussion Forum Cline Mining Corporation T.CMK

TSX:CMK - Post Discussion

Cline Mining Corporation > Where is everyone???
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Post by Misbah1 on Apr 16, 2012 1:13pm

Where is everyone???

Is this Calm before storm???????????????

VERY QUIET????? WHERE IS EVERYONE????

Comment by ark88 on Apr 16, 2012 1:26pm
Is this Calm before storm???????????????   Well, it all depends. Has the recent price drop and volume priced in correctly what would most likely be a disappointing financials, or, has it overshot on the downside? If the SP stabilizes around a $1, then I would bet that the recent drop has overshot on the downside. The high volume on the downside could mean that some institutional and/or ...more  
Comment by utube on Apr 16, 2012 1:27pm
I think there are so many people left after cash out on last Friday, they might found some other stocks, who knows, kind of spooky here, just keep eyes open....
Comment by ark88 on Apr 16, 2012 1:53pm
Past the financials, I can only see 2 events that could propel the SP higher in the short term. Production is what it is. We know we have 6 CMs and 2 to be added per month with a total of 10 in June. The 2 events that can move this is the longwall study and contract sales. The earliest that we could get an announcement on contract sale in my opinion is around mid May, just before the AGM and ...more  
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