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Bullboard - Stock Discussion Forum Cline Mining Corporation T.CMK

TSX:CMK - Post Discussion

Cline Mining Corporation > just sell it...
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Post by rishshah on Dec 28, 2012 12:02pm

just sell it...

get 200 million + pay the bond holders and pay the shareholders the remainder...how hard can it be....

sell all the remaining assets including a billion tones of iron ore in madagascar..and try to get your money out from the bc government...which is very pausible....

I dont see no reason to sell whatsoever...i might actually buy if it gets lower....to around 7 c....looking to pick up another 50k shares...

Comment by kingyahoo on Dec 28, 2012 12:23pm
Although I am scanning the market looking for Boxing Day sales in the market, I believe it would go below 5 cents, but not before the Big Boys salvage as much as they could before CMK hits another bottom. It is beautiful to watch this game. Again big numbers want to buy and lower number want to sell, but the SP drops veeeeeeery slowly. Well guys and dolls, the way to make money is to buy low and ...more  
Comment by ark88 on Dec 28, 2012 12:39pm
The only reason why one would be holding CMK at this point is for the buyout play before April. Think about it, post refinancing news and the stated timeline, there are no reasons to hold otherwise. Simple as that.
Comment by borrowedlife on Dec 28, 2012 12:42pm
bingo! nailed it. now- n.e. one know how much per share if there is buyout.
Comment by shane117 on Dec 28, 2012 1:21pm
I'm surprised to see that people are selling and not buying right now, especially with a buyout coming. We have 4 months before any form of dilution so why not hold and/or buy.....
Comment by borrowedlife on Dec 28, 2012 1:24pm
tree shaking shane
Comment by tineta on Dec 28, 2012 1:25pm
Buffet said that buy when the market is panic selling. Good Luck.
Comment by borrowedlife on Dec 28, 2012 1:27pm
he also said "The stock market is a wonderfully efficient mechanism for transferring wealth from the impatient to the patient" -- Warren Buffett
Comment by ark88 on Dec 28, 2012 1:57pm
now- n.e. one know how much per share if there is buyout.   No one could tell you that, only the markets will determine the fair price. BUT, you can make an educated guess based on the principle plus interest owed to the bondholders. Post April/dilution/interest payment/fees, the bondholders will own 54% of CMK. Of course, this amount will be heavily discounted.   They're never ...more  
Comment by straightbull on Dec 28, 2012 2:01pm
Buffet also said to invest in companies with good management.
Comment by borrowedlife on Dec 28, 2012 2:02pm
everyone is good until greed overcomes them
Comment by buckhunter55 on Dec 28, 2012 2:05pm
Buffet said that buy when the market is panic selling. Good Luck.   Buffet was referring to good quality stocks, not trainwrecks like CMK. 
Comment by ark88 on Dec 28, 2012 2:16pm
If there ever was any doubt that holding CMK and waiting for contract sales was conisder gambling, then surely waiting for a buyout now is pure gambling.
Comment by borrowedlife on Dec 28, 2012 2:16pm
off course he was..anyone would know that. if only everyone could see the future. this co. was around  the same SP range in yr 08 and 09 and bounced back. going back to posts then. everyone thought it was the end of the road.  
Comment by tineta on Dec 28, 2012 2:18pm
Do not ignore the fact that CMK is not go under. Buyers are ournumberring sellers. The CMK is keeping going. Buy low, sell high works here.
Comment by buckhunter55 on Dec 28, 2012 5:18pm
"..I say you and I meet up cause I'm going to smash your face in."   Careful.  Someone can easily hit the "Report Abuse" button on your post and you can have your account banned for making those physical threats.  It's also against the law.
Comment by buckhunter55 on Dec 28, 2012 5:54pm
Ok, folks you heard him.  He doesn't care.   Be sure to hit the "Report Abuse" button on his last post where he threatened another poster with physical violence, and get rid of this piece of clown.
Comment by shane117 on Dec 28, 2012 6:01pm
LOL, okay "Buckhunter" . You virtual vigilanty......Report it all you want. And while your at it, be sure to read mr1derful's post for the past week and hit report abuse for all of them. I already have and there are many of them.
Comment by specboy2011 on Dec 28, 2012 6:47pm
Shane has been reported for being a PITA
Comment by shane117 on Dec 28, 2012 7:04pm
I prefer a sub sandwiches over a PITA. But thanks anyways.
Comment by mr1derful on Dec 28, 2012 8:02pm
Ok, Shane. Pretend that my face is plastered on your computer screen. Now smash my face...again...again...again...again
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