Cline Mining Corporation T.CMK

Not making money?

[kingyahoo]

I was expecting that the SP of CMK would have been brought down before Christmas, perhaps not to the lowest level of .45 cents. It was not for a lack of trying. As I have mentioned before, would any of you jump in to sell for less when the stock is gathering momentum? I do not believe so. Nevertheless one sees it all the time with stocks that have high volume. In the past month, ELR (Eastern Platinum) has gained almost 40% and the volume, except for December 24, is constantly high. I am adding when it is down a penny or so and I am confident by May, I could double my money. That is of course hoping.

Now about CMK. Don't be fooled by the size of BID and ASK. It is a real shell game by manipulators. Have you noticed the SP drops when the ASK is huge? Or, is today it would be brought down to around ,6 cents?

[kingyahoo]

Cline Mining Enters Into Agreement for Financial Restructuring 08:58 EST Thursday, December 27, 2012 TORONTO, ONTARIO--(Marketwire - Dec. 27, 2012) - Cline Mining Corporation ("Cline" or the "Company") (TSX:CMK) announced today that it has entered into an agreement with Marret Asset Management Inc. ("Marret"), on behalf of certain funds advised by it, providing for a

[kingyahoo]

I don't know much, but I belief CMK management is in the driver's seat. I just added at ,75 cents with well over half a million shraes tarded in 15 minutes.

[kingyahoo]

CMK is on its way to reach .10 cents. Buy low, sell high. I already did. Nothing goes up in a straight line. It is up and down and up. This is how this game is played. Buy down, sell up!!!

[larryl2]

I been too optimistic about financing at 5 cent:   US$25,000,000 principal amount of the Bonds will be exchanged for 2.091 billion common shares of Cline, being an effective exchange price of approximately US$0.012 per share;    the current common shareholders of Cline will receive rights to subscribe for up to an aggregate of 1.711 billion common shares at a subscription price

[biren1]

i see it the same way kingyahoo. Got some myself today at 7.5 cents. Was initially hoping for 7 cents, as had a standing bid there for a few days, but gave up on that idea and settled for 7.5 cents. But still have the same strategy as previous swings. Will keep a watchful eye on any weakness, and will settle for maybe 2 cent gains if it hits. I still think this will trade up and down for a while

[kingyahoo]

biren, no. CMK should have gone over .10 cents right now. I have traded (buy and sell) 8 times already. 9 cents is just around the corner, then down again. Next stop is ,09 and within 15 minutes.

[biren1]

possible for it to go over 10 cents, but keep in mind that the fiscal cliff saga in the states are still weighing huge on the markets, and bottling up alot of stock prices at the moment. Thus the strategy that works for me is too keep an eye on the trading, but a 2 cent gain would be satisfying exit at this point. If the trading patterns all of a sudden change, don't mind rethinking that

[kingyahoo]

This will sound crazy to some of you, but I did an experiment 5 minutes ago. I bought at .09 cents and it does not show .09 cents being the the day high. To me the message is clear, as I don;t worry about being long. In and out if I have to. Taking profit is my preference. You see, jumping in to sell for less. They want cheap shares by buying lower if there are enough dummies to let them.

[tineta]

In a plain english, each common shareholder will be receiving five rights to buy CMK at US$0.0205. After completing all trasitions, OS of CMK will be over 4 billion!!! BUT, NO BK. Buy low, sell high.

[flyinghorse]

That won't happen if cmk can find a buyer of its cold assets to pay off the debt before April 30, 2013. The plan essentially gives cmk some breathing room ay a stiff price.