Cline Mining Corporation T.CMK

RE: Strange Bed fellows

[bond46]

Mitsui and Mitsubishi have been competitors of sorts but never joint partners until recently. They both joined hands to buy 15% stake in Woodside Petroleum an Australian LNG company for $2b and also signed an agreement " to look at other joint ventures on the global markets". By coincidence Mitsubishi just lost Met coal production when BHP and Mitsubishi closed a mine in Australia producing 60 million tons a year Will Mitsubishi replace the lost production by buying somewhere else with Mitsui as a joint partner? Quite possible. And is not Mitsui one of the major shareholders of CMK. Or is Mitsui out. We can't even tell anymore who is the major shareholder in CMK. This management is so secretive, we can hardly find anything on their web site other than smoke and mirrors, pictures and videos of the High Priest, Mr. Bates who does not miss an opportunity to parade his ego on that screen. Mitsui, is the 2nd largest coal company in the world, could it take an interest in CMK along with Mitsubishi , or maybe they won't stoop so low when the company has been thrown into the dumps by Ken Bates ,and his buddy Mcknight the former Minister of Mines(!) of Canada. May Buhda be with us.

[abe4]

https://apps.cnbc.com/view.asp?country=US&uid=stocks/ownership&symbol=cmk-t&country=CA

[bond46]

Abe4 we thank you very much for the info. It seems that Mitsui has no interest in the company. My question however is why we can not access this info on the company's web site? Are we not  entitled to know what the structure of capital is in the company we have invested? Is Mr Bates and co running a pig farm or something? No wonder why this company is going downhill. Probably Mr

[tranquills0]

Cline is not responsible to provide such information. It is readily available to the public through normal means of research. I have never heard tell of any company that has felt obliged to post most recent holdings of their backers. s

[bond46]

Cline is a public company and if it's not obligated to post to its web site all this info, it has an obligation and a fiduciary duty to release any pertinent information to the capital structure of the company if a shareholder so requests, unless it wants to run the company as a fiefdom in which case I rest my case.

[tranquills0]

You are incorrect. s

[bond46]

I just happened to have been a VP of a Board and I would suggest that you review your knowledge on "Corporate Governance". Have a nice day

[ark88]

Mr. bond; you have confused Mitsui Corp that is involved in the LNG deal with Mitsui Matsushima the strategic partner to Cline. Entirely different companies.

[bond46]

Regardless, Ark, I don't see any shareholder by that name on the list of share holders and you may be right; they could be two different companies. But my point is whether CMK, if requested by a shareholder, i.e., a part owner of the company, has a right to privy info and if not who does and why. And I hear from some people or quasi proxies of CMK(?) that the company has no obligation to that

[ark88]

Could be? no, they are two different companies. As to your comment about the need for activist shareholders or the abuses will get worse, I totally agree.

[tranquills0]

Thanks. Appreciate the good wishes. s