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Q1, Q2, Q3, 2012 out.> |
6/18/2013 5:11:28 PM |
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Let's have a look at the assets at New Elk. As far as I could remember, the Marret bonds are secured ONLY with the assets of New Elk. They blew some $75 mil. at the wash plant. Nothing to recover on that. They bought 10 CMs at $1 mil. each.... |
6/18/2013 2:22:18 PM |
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See how this will unfold. The Trustee is acting onhelf of the debtholders, bypassing Marret. The trustee can opt to start the liquidation of all the assets of New Elk at which point EVERYONE is in the same boat. Let's see how motivated Marre... |
6/18/2013 2:12:23 PM |
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Tuesday, June 18, 2013 Cline Executes Forbearance Agreement With Trustee 13:31 EDT Tuesday, June 18, 2013 TORONTO, ONTARIO--(Marketwired - June 18, 2013) - Cline Mining Corporation ("Cline" or the "Company") (TSX:CMK) announ... |
6/18/2013 1:56:54 PM |
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I agree that the debenture should be done before the RS. In fact I would state that this is the only way to do this. We would be committing suicide if the RS was done first. So, going forward the way this is likely to unfold is first, we vote o... |
6/18/2013 10:28:43 AM |
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Didn't understand a word of what you posted.> |
6/17/2013 2:49:24 PM |
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Mr. Bond is right. Cline is insolvent BUT not bankrupt. There is a big difference. If they declared bankrupcy, even Marret may not get all their money. Even worse, Marret would lose control of the situation as all the powers will be vested in the... |
6/17/2013 1:56:39 PM |
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Cline Announces Appointment of CFO 11:22 EDT Monday, June 17, 2013 TORONTO, ONTARIO--(Marketwired - June 17, 2013) - Cline Mining Corporation ("Cline" or the "Company") (TSX:CMK) is pleased to announce that it has appointed Mr... |
6/17/2013 11:25:33 AM |
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Portland holds 25 mil. based on Sedi filings. BUT, because that's less than 10%, I.e. no longer an insider, it's unreliable. Unlike TD at 29 mil.> |
6/14/2013 8:30:22 PM |
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Ubika has been taken over by Searchgold in a reverse takeover. It will now be known as Gravitas Financial which will trade on CDNX. In May of this year, Ubika raised $30 mil. dollars. Why would they need such a large amount? This small private co... |
6/14/2013 4:36:10 PM |
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