Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Cline Mining Corporation T.CMK

TSX:CMK - Post Discussion

Cline Mining Corporation > Are you making money?
View:
Post by kingyahoo on Jul 20, 2012 11:40am

Are you making money?

Based on the downgrade, price of coal worldwide, and the entire world market, CMK should be trading under .20 cents. Now this will upset many on this board because they want to hear good news. Frankly, it is fools' paradise. I am not going to explain why it is trading between .26 and .27 cents. The SP is being kept artificially high until the financial institutions minimize their loss.Then perhaps it will reflect its lower SP value.

Now this is all hypothetical, just like all the questions being asked. This may not be Good Friday. Whatever you do, good luck.

Comment by kingyahoo on Jul 20, 2012 4:07pm
I take my hat to the closing price of CMK: .29 cents, up .2 cents. It  defies logic. Major stocks touch their lowest in two years and here we have limpy CMK out of intensve care and heading for the Olympic.
Comment by straightbull on Jul 20, 2012 7:48pm
CMK is a great company with growing coal reserves. Management will monetize these assets. The investment community is begining to recognize the true value of the company, and the stock price should begin to surge as it did today. 
Comment by waterboy2 on Jul 20, 2012 8:33pm
Straightbull: " Surge " ????? give me a buck and i will agree..   glta
Comment by straightbull on Jul 20, 2012 9:33pm
Waterboy2,   7% in one day!!! That is quite a surge.You want a buck...maybe next week. There is no limit to where CMK can climb to.
Comment by Crackerjackkid on Jul 21, 2012 9:49am
Last time I looked in here CMK was at 95..Might be a great time to dabble in a few
Comment by Caerus88 on Jul 21, 2012 8:24pm
CMK is a great company with growing coal reserves. Management will monetize these assets. The investment community is begining to recognize the true value of the company, and the stock price should begin to surge as it did today. I have to agree. With the price dropping to .29 the investment community is certainly beginning to recognize the true value of the company. As for the price surging, once ...more  
Comment by kingyahoo on Jul 22, 2012 12:15am
O.K. fellows, give me a break. I am here to make money just like you. But, one has to be realistic. Most importantly, one must know this complex game. I would not argue with any of you who have high hope. How many of you have ever opened a Pandora Box? Take a note of what I wrote yesterday. Institutions who bought big at bad news know there is more to come. They keep buying and selling their's ...more  
Comment by shane117 on Jul 22, 2012 7:57am
All pumpers just shut up! You sound stupid and desperate!
Comment by kingyahoo on Jul 23, 2012 12:15pm
Sorry guys, this is a joke. CMK is down a lousy penny. I stil mlaintain it is being kept high to recover their losses, the financial institutions that is. Over half a million shares traded. At this rate it may reach a million. I am milking ELC in the mean time, a possible take-over by an Indian company that needs all the steel it can get. If the deal goes through the SP should be well above 2 ...more  
Comment by kingyahoo on Jul 24, 2012 2:56am
A small jackpot. Bought ELC yesterday for the first time, averaging $1.49. The company was taken over by Jindal for 2 bucks a share. O.K. I will buy CMK at .22 cents. What do you say?
Comment by kingyahoo on Jul 24, 2012 11:07am
Typical behaviour of the market. When an oil company is taken over, every Mickey Mouse oil company is going to be next. So its SP is up. So it is today with CMK, up 1.5 cents so far about 4%. It never fails.