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Bullboard - Stock Discussion Forum Cline Mining Corporation T.CMK

TSX:CMK - Post Discussion

Cline Mining Corporation > where does cline share holders stand now
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Post by Misbah1 on Jul 11, 2013 9:26am

where does cline share holders stand now

Is there any hope for cline share holders.???? or whatever they own does (Imean number of shares ) do not exists anymore

Thanks and regards

Misbah
Comment by riverrocks on Jul 11, 2013 9:35am
The best person ask if your shares are still good are your broker not a bullboard
Comment by bond46 on Jul 11, 2013 9:43am
The shareholders right now are in a good condition the shares outstanding are only 210million and the debt is about 75million dollars; there is no dilution and that is the good thing from the last financing. The $10million secured from Marret will allow the company to carry through for about a year until some developments happen. And given that Cline has no revenues, there have to be other plans ...more  
Comment by riverrocks on Jul 11, 2013 9:50am
And don't forget we did get rid of our stock pile. They must of got something for it. 
Comment by grantflyby on Jul 11, 2013 10:19am
If you call Cline just tell them you wont hang up untill someone talks to you. I did that and some how I was put through to the mine. I was told the coal went South. sale price per tonne was only $35. because sitting so long. that is less than the cost of production but still needed to be gone. Estimate of total tonnes would be well over 70,000T in 4 to 6 train loads.
Comment by riverrocks on Jul 11, 2013 10:46am
Thanks for that info, this is how a board should work. 
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