Cline Mining Corporation T.CMK

Strategy

[miner666]

Let's attempt to do something constructive here. 

The longs have been slaughtered, the shorts have been rewarded for their courage and we are counting down to what some say is an eminent takeover by the bond holders.  How do you play this?

Do you put in a stop sell, knowing that those who have the technology and are more nimble in the market than most of us, can see those orders?

Do you just ride it out, relying on hope, faith, devine intervention?

Or, do you take your losses, lick your wounds and live to see another day?

Anyone's thoughts?

[shane117]

miner666, the price will continue to drop up until the 28th. Once they put out a nr, there will be a halt and it will reopn near 2cts so a stop sell might not work.

[tineta]

Why are you here? Try to save the world? Pathetic!

[miner666]

Tineta?  What does 91 + 1 equal?

[aatwal]

I do not see a clear outlay here, except that you can sell or hold on...these are the two options you have.  It is apparent that the two board members were indeed elected by Marret, and yes there is conflict of interest on Mr. Tobin part.  IMO, Marret put him there so any new info. could be related back to Marret via Tobin, and to stop any alternative plans to the Marret Plan.  I

[shane117]

aatwal, I think that Marett put them in now NOT because they want to stop a buyout and take ownership but rather because they recognize that a buyout is not coming and they want to be prepared for the dilution hence ownership of Cline.There is no conflict because Marett will own Cline.

[aatwal]

Before Feb. 28th, there is conflict of interest on Tobin's part, because Cline is not owned by Marret yet!  So I strongly believe, as do some member(s) of  management currently with my opinion that Tobin has to look out for Marret's interest, rather than the current shareholders of Cline.   What I do not understand is why did they not appoint these two members when the

[retiredrcaf]

aatwal, how would you know how some member(s) of management feel about Tobin's role?

[shane117]

I disagree. I think that Marett wants the compnay sold so they can get their money back, not own most of the company with 4 billion shares valued at 2cts. The Marett plan is the Marett plan. Its cause of that plan that the company is up for sale so, Tobin should be rooting for a buyout. It doesn't matter what Bates orthe shareholders want because Cline has already been forced into selling

[aatwal]

Well I suggested this scenario  in my communication to management and they generally agreed with my assumption, but did not say that this is all true and correct, and that Tobin is a hole and only here to serve his master....MARRET!

[aatwal]

But I thought all long you were saying the opposite to just what you posted now? Or am I not reading your posts correctly?

[ark88]

If you know anything about McKnight and Tobin. Let's just say that they will not be passing the ketchup to each other.   When the 2 independent Directors (Tkachuk and Elzinga) resigned for no apparent reason, that was the sign to get out for good.

[eazy4life]

I agree. There have been so many signs lately to get out. The biggest one being not being able to sell any coal. At the price somenone would pay for this grade of coal it is not viable as a operating mine. Assets? What assets? People believe that because they "discovered?" an extra 400 million tons of coal that the value rocketed up and they hit the jackpot. There is probably lots more