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Bullboard - Stock Discussion Forum Cline Mining Corporation T.CMK

TSX:CMK - Post Discussion

Cline Mining Corporation > What Happened to Cline Mining??
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Post by Wirtz on Apr 11, 2013 4:39pm

What Happened to Cline Mining??

I nearly bought shares of CMK a few years ago at far, far higher share price, but market closed on me as sending the order.  As things turned out, looks like I saved myself some pain.

Whatever went wrong at this company to send the share price to a 52 week low today from the high price I nearly paid??

Did the Managers and Board of Directors manage this company into Bankruptcy??  Was executive greed a factor??  This remains a rampant cause of junior explorer/miner failure in Canada.  I have to wonder if something similar occurred at Cline Mining?

Thanks for info/summary/conclusion

 

wirtz.

Comment by Lion57 on Apr 11, 2013 7:12pm
Alot of bull going around with this management. If I would tell you why I got invested in this company, you would not believe it. I cannot get into details. This company took a complete 180 from what was expected. It's stories like these that makes you stay away from mining companies. Whatever happened to those 74,000 tons in inventory? No one wants to deal with Bates, that is evident.
Comment by NightowI on Apr 11, 2013 10:15pm
This post has been removed in accordance with Community Policy
Comment by NightowI on Apr 11, 2013 10:19pm
This post has been removed in accordance with Community Policy
Comment by stokhownd on Apr 12, 2013 2:11am
You forgot the 2 largest Canadian scams ever, BRE-X and SINO FOREST, each 6 BILLION DOLLAR Scams. No one has been put in jail regarding these 2 proven fraudulent rip offs. You are correct, the Canadian gov't is gutless.