Cline Mining Corporation T.CMK

to be sure

[thompsonlj]

Marret has  in my opinion a  zero desire to run this mine either exploring or producing , they will put it into care & maint. . The sale of all the assets to regain their value back to some degree is an option they should & will take. This thinking is what makes me think that if they are close to a buyer they'll extend the dates. From what we read the met coal is of a lower quality ( see web site ) so unless someone comes forward desperate and these are not deperate times , this propeerty will probably sit untill the market overall picksup and desperate buyers ccome in . Also remember there are rights and warrants involve here , evan if the rights aren't exesised the warrants can take three yrs to kick in .

[bond46]

The warrants, though they can be exercised within a 3-year time period and only if the sp goes above 6 cents, they must be exercised too prior to a sale of the company that " will change control of the company" according to the Marret Plan. In other words Marret do not have to wait for 3 years to get their money back. If they can present a buying prospect the current shareholders will

[thompsonlj]

Just a minor correction , the warrants that I refer to will automatically be converted to cs in those events  you describe . There is a set of rights and a set of warrants .

[bond46]

Please explain what is the difference between rights and Warrants. I am not that savvy with these legal mumbo jumbo. What I understand is the Warrants is the tangible form of the rights; Warrants trade in the open market and can be bought and sold. The Warrants as the word denotes is the tangible expression of the rights. If one is given the right to buy shares, the way to do it is by