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Bullboard - Stock Discussion Forum Cline Mining Corporation T.CMK

TSX:CMK - Post Discussion

Cline Mining Corporation > Rationalization
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Post by luckypig on Sep 13, 2012 11:36pm

Rationalization

CMK is not worth $5 but well above 20c..nobody can tell whether this co. will survive in the long run..but in the short run it won't..i think this stock has little downside room - lots of short positions are being forced to be covered ...it's an interesting game...we'll see how this baby moves soon
Comment by mski on Sep 14, 2012 12:08am
luckypig re: 'i think this stock has little downside room' - umm, it has downside all the way to $0.00, shorts aren't being forced to cover.  Regarding the long run - if I think as a coal customer, why in the world would I want to do a deal now with CMK for coal when TCK would be happy to do a deal with me given they have excess supply available and TCK is a know quantity in the ...more