go here for company webpage
http://www.casavantmining.com/
go here for informative and up to date message board
http://cmkmdiamonds.proboards27.com/index.cgi?board=news
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CashCow
Ric
BB
Bigger companies would not be buying options with CMKX if something wasn't up...
Stay turn, should start hearing something real soon.
Regardless of the outcome I am holding on to my $hares until I see Urbans death certificate or Hell freezes over, whichever comes first. LOL. If this thing pans out it could make other "hotties" like QBID look like "fools-gold". If it goes belly up then I'm only out of a couple of hundred bucks, I think the risk is worth it.
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"The patient make their money from the impatient"....Warren Buffet
the best comes to those who wait
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CashCow
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CashCow
[This message has been edited by VNGNTN1 (edited April 20, 2004).]
With Kimberlite being the main source of rock for diamond production, I eagerly await upcoming news. I sourced a good site about this.
The kimberlite pipe they found is very encouraging. At .0001, NOW is the best entry time for those chosing this stock.
If positive results follow, it's off and running.
Everyone must invest using their own dd and risk level. Good find Cash. Bo
QBID was .0001 on 2-2-04, and had (and still has) far less developed toward starting a network, than CMKX, which is currently executing it's business plan.
Their surprising 19,000% gain has retired quite a few people inside of 2 1/2 months.
PCBM just emerged from very tough times with no business model developed. Their gain over the last 24 hours is multiples (300-500%) higher.
The region they are drilling has proven fertile. With any success, this is the level to get in for similiar, or even better gains. Bo
[This message has been edited by Bo14172 (edited April 20, 2004).]
quote:
if anyone has any questions feel free to ask me ive done much DD on this
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CashCow
I've got plenty of questions. First and foremost being, how can you do any due diligence on this company and walk away feeling like it's a winner? Did you honestly research this company and it's owners or did you simply watch the "Carolyn" video and believe everything they were saying? For my part here's what I have done so far. Watch the "Carolyn" video again. About 35-40 seconds into it, you'll see a worker in red coveralls with the name "Major Drilling" on his back. They are a worldwide drilling contractor based in Canada. I e-mailed them requesting details of their involvment in the project. The reply came back that they are not involved with CMKX in any way shape or form. In that same video there is commentary by a Ralph Newson about the quality of the kimberlite. Do a little research on him. Long history with Urban Casavant going back to a failed company named PetroPlus which traded on the ASE. Next, take a look into UCAD which somehow now seems tied in with CMKX on this drilling project. Through the end of 2003 they were known as Barrington Foods, selling soy based milk, powders, shampoos, soaps, toothpaste, etc. Prior to that they were known as E-Bait. They sold fishing lures over the internet. Now they're into mining? Lastly, look into a one year history of CMKX's p/r's. Look at the promises made and how many of them actually happened.
I'm not calling into question the fact there are diamonds in the Fort A La Corne area. That is a proven fact. What I am questioning is whether or not CMKX is involved in anything other than scamming people out of their money. That is a very brief summary of my dd on this company. Please share your's as well!
The history and business plan of CMKX shows that over the past 2-3 years, they have worked to establish what they are doing today.
Taken from OTCBB.com
----On November 27, 2002, the Company announced that there are approximately eight acquisitions of which all conclusive there is 1.9 million acres of mining claims which have been secured by the Company in the Kimberlite area in the province of Saskatchewan, Canada, known as Fort a la Corne.
On December 3, 2002, the Company announced that its Board of Directors voted to change the company's name to Casavant Mining-Kimberlite International.
On January 29, 2003, the Company changed its name to Casavant Mining-Kimberlite International.
MISCELLANEOUS BUSINESS INFORMATION: At September 30, 2002, the Company had an accumulated deficit of $3,488,859.----
The company's recent prs and exposure by sponsoring a top fuel funny car, show initiative and progress in executing their business plan. Any positive results from their recent efforts should benefit shareholders.
If QBID can go up 19,000% on only a promise, and PCBM can rise the last 2 trading days as it emerges from a lot of trouble, a positive result here should benefit all in at this level.
Invest at your own discrecion and risk level. Bo
[This message has been edited by Bo14172 (edited April 20, 2004).]
I have been researching this stock for about a month, easily a couple hundred hours into this one.
I happen to have grown up about 60 miles away from the la corne area.
I have gone back and forth (its a winner/its a looser) at least 20 times so far. that in its self should tell you something.
Saskatchewan has no problem with mining, there are potash mines etc. and that area is nothing to conserve. If sask decides to help develop that whole area it could be a great thing for the mining companies and the provinces bottom line.
i would say its got a 50-50 chance to make a huge move. It could be a monster.
and for me thats good odds.
this is only my opinion, you could loose everything overnight.
so in the end i agree with most, its hi risk/hi gain
may the force be with us.
for those of you who seek immediate news on a daily basis that is all positive that is not going to come around on a company fresh into the diamond industry. like i wrote in an earlier post...you should research DEBEERS past and how they have eliminated many of their competition by unethical or strong arming means. you would be very very surprised. so the issue of secrecy until the right timing is key here. and NO i have not seen the carolyn pipe video so i cant say im basing my ownership off of that. yes there are enough diamonds in the world for everyone to have a handful, but that will never happen because who wants the value to go down? i will write responses to your questions later on today when i am not in a rush to be someplace. all im saying is if you have some small change to throw around why not buy say 250,000 to 1,000,000 shares? let it sit...and you never know.
more later
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CashCow
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CashCow
Say there is a 30% chance they hit something small, that is a 8000% profit at least.
quote:
building operational and profitable mines take from 1 up to three years, holding out for three years could bring you into the 4 dollar range.
Which was followed by this:
quote:
if anyone has any questions feel free to ask me ive done much DD on this
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CashCow
Still waiting for the positive dd.
quote:
things seem to be looking up, tomorrow may be very interesting
Why?
quote:
Let me see QBID. At .0001 (a fraud, nothing but liars, con-artist etc etc etc). Now if you would have got in at .0001 with $8000 worth. Which would have been 80M shares. At its high of .028 you whould have had $2,240,000.00. Of course that is impossible. BS Now here is CMKX at .0001. I think I will take the same chance as QBID people did. I here the same negativity as with QBID and IBZT. So I figure it must be a winner. It will be bashed all the way up. I do not consider a $1K that big of an investment when you could make hugh returns. I will just set here and if it happens great. If not I will look for another one.
First off, I cannot recall a thread where QBID was referred to as a "fraud", a group of "liars" or "con-artists". If I'm wrong, please post a link to the thread. Secondly, until recently they were a relatively undiscussed stock here and on other boards until someone discovered their gay progamming efforts and that's when the stock exploded, based on rumors and the huge potential of their market. CMKX on the other hand has been both pumped and bashed on all of the major boards forever and everyone knows about them. They have no chance of "coming out of the blue" so to speak and having an emotional run up like QBID. The only way this company will leave the .0001-.0002 territory is by actually producing something that has tangible and profitable results and in my opinion, that's never going to happen. I do agree with you on one point though, take a chance if you can afford it. Buy into the CMKX lottery. If you're lucky you might double what you invested assuming you can buy at .0001 and someday sell at .0002. But just like the lottery, you have a better chance of losing everything you put in, in my opinion (backed up by research) of course.
Do you currently own any shares of CMKX?
quote:
UPSIDE: No wonder you have problems. I think you need to go back and read all about QBID. You are totally wrong. The CEO was called every name in the book. I know I was there. Almost from start to now.
Well, I did a search here (search term was QBID) and did an admittedly quick scan of the threads and couldn't really find any negative postings. I don't doubt that they exist, I just couldn't find them. It's somewhat irrelevant to the point anyhow. QBID was not discussed at length on this board or any others that I go to until late last year. Someone (I think it was ********) discovered them and their programming concept, word got out, and that's when it took off. CMKX on the other hand has been getting pumped and bashed for the longest time, everyone knows of them and knows their track record. They don't have the element of suprise like a QBID had to suddenly take off on hype and frenzy. It will take actual results, revenues, profits, and disclosure before anything happens with this one.
A company cannot purchase mineral rights to property that does not contain the mineral. If you were to go to Kentucky and try to purchase gold mining rights they would laugh at you all the way out of the state.
There are laws that apply to purchasing mineral rights.. Here is the Bureau of Land Management web site address... http://www.blm.gov/nhp/300/wo320/minlaw.htm
Under the heading Mineral Patents were it is listing the requirements... Part a. says.. "a. For mining claims. Demonstrate a physical exposure of a valuable (commercial) mineral deposit (the
discovery) as defined by meeting the Department's Prudent Man Rule(1)and Marketability Test(2)...
In other words you first have to prove that the property has the mineral that you want to purchase the mineral rights for. So with that in mind, UC or someone has already proven that diamonds are there. It is just a matter of them finding the Mother Load...
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CashCow
Maybe this will help youse understand the large volume trading going on.
In a dealer market, market makers post bid and ask prices and buy shares from or sell shares to the public investors at these prices. A dealer is on one side of every transaction, which results in trading volume being overstated. When an investor sells 100 shares of firm X to a dealer, the dealer reports a 100-share transaction; when another investor buys the 100 shares of firm X from thedealer reports another 100-share transaction. Only 100 shares of firm X changed hands between the two investors, but trading volume of 200 shares has been reported for the day.
Trading volume is further overstated due to inter-dealer trading. When a dealer acquires additional inventory from other dealers to fill a large order for an investor, each of these inter-dealer trades is reported as trading volume even though no shares were traded by an investor.
I hope this might explain the huge volume amounts for most of you. I never proclaimed to be an expert by any means and things are different when we are not talking OTC BB. If you look up a big time mover and shaker you won't see huge amount of volume trades like you do on the OTC BB. Things are executed differently on say NYSE where most transactions are between an actual buyer and seller.
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CashCow
also....people do not think that i believe this is where all my money goes. just a little bit. i think QBID is over-rated. they have made gains, but what if they are quickly shut down. i like my biggest holding in IBZT. i believe they will do well for me.
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CashCow
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CashCow
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CashCow
the only reason i post here is because every dollar wasted on bad investments is a dollar lost to the markets.......guess what-- those dollars are badly needed by real people working their buts off to make capitalism work, so they can grow their biz'z and pay taxes so we can win the war on terrorism......stop throwing your money away and put it into something that will be productive.....everybody wins......we are in war here, wasting money in war-time is criminal.
Here's some videos from CMKX......
CMKM Diamond private message board
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http://cmkmdiamonds.proboards27.com/index.cgi
See you all in there... You will find all kind of answers...
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3/23/2004
Jeff Arend
The Funny Car field will grow once again as former Keystone Nationals winner Jeff Arend returns to the POWERade Drag Racing Series fulltime beginning April 1 at the fifth annual NHRA SummitRacing.com Nationals in Las Vegas. Arend, a Canadian who won his only national event in 1996 at Maple Grove Raceway, hopes to get in the mix for the 2004 POWERade championship.
Arend's Can-Am Motorsports group has signed a primary sponsorship deal with a Canadian-based diamond mining group. The team's new, eye-catching car will be called the CMKX-treme Machine Pontiac Firebird Funny Car.
Jeff Arend's CMKX-treme Machine Funny Car.
Click for bigger image.
"I'm beyond excited about getting back behind the wheel of a Funny Car," Arend said. "It's been a while but I have a great support system behind me with Can-Am Motorsports and the CMKX-treme Machine. We will be entering the points chase four races in but we are looking for success in those last 20."
The 1996 season was easily Arend's most memorable. His win at the NHRA's Pioneer Electronics Keystone Nationals in Paul Smith's Funny Car was the highlight as Arend beat heavyweights Dean Skuza, Al Hofmann, Del Worsham, and Tony Pedregon to earn the title. Arend left on every one of his opponents that day, which helped him take overall reaction time honors at the end of the season when his starts averaged out to a .077-second medium.
That same season, Arend became the first Canadian to eclipse the 300-mph barrier when he posted a top speed of 303.95 mph during the NHRA Finals in Pomona, Calif. He also beat John Force at London Motorsport Park in Ontario, Canada, during a match race.
Why a race car? Because people into racing have lots of money to invest.
How many people are interested in cmkx? THEY GOT OVER 1 MILLION HITS LAST MONTH. THOUSANDS A DAY TO THEIR SITE, THAT IS MORE THEN ALL THE OTHER STOCKS YOUR WATCHING COMBINED.
Plus, they started drilling a new whole 100 feet away, they would not have done that unless the findings were already good.
quote:
Plus, they started drilling a new whole 100 feet away, they would not have done that unless the findings were already good.
Can I ask you to substantiate your above claim and your claim that you "know" they have diamonds?
quote:
Awhile back "Ricpic" was going there to look around. Maybe he will show back up with some ideas.
VAN
Van,
He's back on allstocks. Take a look at the VRMD thread. It's his latest pick and it looks like a good one. Don't know if he'll post anything about CMKX though because he got into it with Kevin Bailey last time around and before you knew it, they were both gone.
I think that CMKX will be trying to obtain a goal of having 10,000,000,000 shares outstanding after completing their share retiring program. This would allow CMKX to reverse merge into UCAD by UCAD doing a 500 to 1 forward split. Since CMKX stated no reverse split, the only way a merger could take place would be by the merging company significantly increasing their outstanding share structure to absorb CMKX's share structure.
Im predicting a PPS of .05 when merger news is made public.
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CashCow
Dow Jones IN THE MONEY:CMKM Diamonds' Stock Not A Girl's Best Friend
By Carol S. Remond
A Dow Jones Newswires Column
(This article was originally published Tuesday, 3/16/2004)
NEW YORK (Dow Jones)--We may not know a lot about CMKM Diamonds Inc. (CMKX) but here's one thing you can be certain about: The Company apparently has a mine full of shares outstanding.
Trading data shows that, over the last 21 days, CMKM's daily volume was nothing short of monstrous with billions of shares trading hands every day but three.
And on one day, Feb. 17, an incredible number of shares traded - 3.82 billion. True, the stock traded from a high of $0.0003 and a low of $0.0001.
How big is 3.82 billion? That's more shares traded in this one stock than ALL of the shares traded that day on the New York Stock Exchange, NASDAQ and the American Stock Exchange - combined. Those exchanges that day saw a healthy volume of 3.65 billion shares traded. And that's composite trading, which includes share changing hands on regional exchanges like Philadelphia, Chicago, Boston, etc.
There's also been so much trading in this tiny stock that it accounted for 44%, or 3.36 billion shares, of Knight Trading Group Inc.'s (NITE) average daily share volume in February.
All of which begs the question - who are these CMKM guys?
CMKM shares trade on the Pink Sheets, which means that the company doesn't file any financial information with regulators. So, investors looking for even the most basic information about the company, like the number of shares issued and outstanding, are out of luck.
CMKM has refused to tell Pink Sheets how many of its shares are currently outstanding. 1st Global Stock Transfer, the companys' s transfer agent, also refuses to discuss that information.
Melvin O'Neil, a spokesman for the company's president and large shareholder Urban Casavant, declined to provide any information about the company. "As soon as Mr. Casavant finishes retiring shares, he will put out a press release," O'Neil told Dow Jones Newswires.
O'Neil said he couldn't explain the string of huge daily volume experienced by CMKM. Pressed to provide information about the number of CMKM shares outstanding, O'Neil said "legally we don't have to provide that information."
And guess what? In the unregulated world of Pink Sheets, O'Neil is right.
CMKM, once Casavant Mining Kimberlite International Inc., stopped filing with the Securities and Exchange Commission last July.
A look at Casavant Mining's filings shows that there were 7.24 billion shares outstanding as of Jan. 15, 2003. A Feb. 3, 2003 filing with the SEC shows that Urban Casavant and his family controlled about 770 million shares, or about 10%. Unnamed majority shareholders meanwhile controlled about 7 billion shares, or about 85.6%. The filing doesn't explain why the number of shares owned by Casavant and the majority shareholders add up to more shares than the company says is outstanding.
Timing is a little vague. But it looks like around the same time, Cassavant Mining issued about 560 million in a private placement to raise about $2 million. Then, according to the filing, there were 500 million shares issued to purchase an ancient Chinese jade collection appraised at $50 million. Another filing shows that in May 2003, another 1.06 billion shares were issued to pay two consultants.
Adding all of these shares up, it looks like Casavant Mining had about 9.86 billion shares outstanding when it stopped filing financial information with the SEC.
Add into the mix a two-for-one forward split announced in August 2003 and you got about 19.78 billion shares outstanding at the end of September.
Then comes a number of press releases announcing the retirement of billions of shares. First six billion shares in September and then another 16.52 billion in December. It's unclear whether the six billion retired in September were part of the 16.52 billion retired in December. If so, more shares would have had to have been issued to allow 22.52 billion shares to be retired.
Since the beginning of the year, CMKM has put out six press releases about it’s supposedly burgoning mining business in the Saskatchewa province of Canada. None of these releases included any information about the company's stock other than the new ticker symbol under which it now trades.
Most recently, on Monday, CMKM announced that it began drilling on privately owned land in which it owns the mineral rights.
Company president Casavant clearly brimmed with exitement when he told shareholders in that realease that "We are pleased to have started our drill program two days ahead of schedule. We have secured funding for an aggressive six-month drill program and we are drilling on claims which CMKM Diamonds Inc. owns the mineral rights. Equipment has been mobilized and we are drilling at this moment. We are drilling on targets that have the highest probability of a kimberlite find. We would like to thank our thousands of shareholders for their patience."
Good luck to shareholders drilling for information that most would consider routine. Hopefully, holders don't keep striking a dry well.
Re: drilling up-date as of 04/15/04. We have sent away the core samples on the Carolyn pipe and are awating the results. How long for the results to come back is unknowen at this point. I will be chatting with Mr. Newson and will ask him the time frame for the results. [ my guess is 3-6 weeks] give or take.
We. have stopped drilling for a few days to let the site dry up and then we will be back at it.
One thing I would like to ask you the shareholder. Does anyone know where I can get some " CHEAP"
spelling lessons ?
take care
Melvin
say folks. If you have detailed drilling questions as it looks like you do. Then please call me. 1-877-752-3755
TOLL FREE. That's what i'm here for )
Melvin
___________________________________________ http://www.casavantmining.com/images/Melvin2.jpg
morning folks)
Just got off the phone with Mr.C. and thought I would
share his exitment with you folks.))
Trust me when I say there are "alot" of GOOD things that
are about to happen to CMKX. things that I can't talk
about at this time. i wish i could but i can't.
I have spoke many a time with Mr.C and I have NEVER
heard him in such a up-beat mood.
You have all heard the saying " were going to the moon"
Well we may not be going to the moon just yet but let me
tell you. the space ship is on the pad and fueled)
you all have a good weekend )
Melvin
cmkmdiamonds.proboards post number 1082736862
http://cmkmdiamonds.proboards27.com/
___________________________________________________________
Interview with Urban Casavant in another article in which the head line reads HOUSTON WE HAVE LIFT-OFF.
Houston We Have Lift-Off
COSTA MESA, Calif., Apr 21, 2004 /PRNewswire via COMTEX/-
- CanAm Motorsports and Urban Casavant's CMKXtreme Machine
made its jump into the 2004 NHRA Powerade Drag Racing
Series during this weekend's O'Reilly Spring Nationals at
Houston Raceway Park in Baytown, Texas. Jeff Arend came
into the event needing one run over 280 mph to complete
his license. On his second qualifying attempt Jeff ran a
stellar 4.878 at 299 mph under the stars to finish the
session qualified in the number 2 position. "I was pretty
excited after that run to say the least. What made it even
better was the fact that my sponsor Urban Casavant and his
family were right there standing on the starting line for
that run. To see the look of happiness on their faces and
the crew's, especially Paul and Mike Smith, really made
all the hard work seem worthwhile!" stated Jeff Arend.
The weather in Houston played havoc on the setup of the
Chevrolet Corvette and they were eventually bumped back to
the #3 qualifying spot. Unfortunately, Gary Scelzi
eliminated Jeff in the first round, when the CMKXtreme
machine overpowered the racetrack and smoked the tires.
CanAm Motorsports spokesmen Jeff Flasco stated, "The
weekend was a major success! Our sponsors were delighted
with the accomplishment since it was our first real race
weekend. You always want more but we have 18 races to go."
After Jeff Arend completed the first elimination round,
his interview with ESPN was pretty entertaining, "We are a
new team with only 2 full runs under our belt, and we
qualified number 3. Imagine what we'll be able to do with
a few hundred runs like the rest of the teams."
Casavant Mining company has had a successful sponsorship
thus far obtaining additional investors and also the
fourth largest hit website in the world last week. "We are
accomplishing exactly what we set out to do with this
venture now we will focus on winning," stated Urban
Casavant. CMKX is a diamond mining company based in Las
Vegas and has the mineral rights to over 1,000,000 acres
of land in the province of Saskatchewan, Canada.
CanAm Motorsports will be in Bristol, TN for the O'Reilly
NHRA Thunder Valley Nationals on April 30th with the hopes
of earning at least their first round win. President Tony
Reding stated, "We know that with Jeff Arend's driving
ability and Paul Smith's tuning prowess we expect to be a
spoiler for the teams that are in the hunt for this years
Powerade Championship. Just watch out for us next year."
Additional information on CanAm Motorsports and CMKX
Racing can be found at www.canammotorsports.net. Or email
Jeff Flasco at jflasco@canammotorsports.net
SOURCE CanAm Motorsports
Jeff Flasco, Vice President, Sales & Marketing of CanAm
Motorsports, +1-949-439-8603
http://www.canammotorsports.org http://www.investors.com/breakingnews.asp?journalid=20814326&brk=1
___________________________________________________________
IMO it looks like things have really come together if the company's CEO/President and IR can make such strong statements of where this little gem of a company is and where we're headed.
Pick CMKX .001
bNb
______________________________________
May God Bless All.
quote:
I could care less about a red flag. A matter of fact a blue or pick either. I will hold my 11M plus shares until whatever happens happens. I for the life of me will never understand why some of you just bash away and bash away. I guess you hope you will get a few to run to the exits. It want work here. It did not work on me in IBZT nor in QBID. So do what ever you. I like the bashing it makes for good humor. For all who bought at .0001 you can put in a market order thru Ameritrade and get .00008 for your shares. So for $1K you will get back 800. I myself will just set around and hold. I have all year and next and next. 007 Bond James Bond
Bart,
Believe me, I'm not here to pick a fight, bash, or anything like that. You claim to have thousands and thousands to invest. Whether that's true or not is irrelevant. The fact of the matter is, a lot of the people who come here don't. As such, this is supposed to be an open forum where good AND bad can be posted about a stock so all of us can make an informed decision. Perhaps you would prefer nothing but a cheerleading board so we all could rah, rah our favorite picks and never see anything negative posted? There is a BIG difference between bashing versus posting an opposing viewpoint! Please take this board in the manner in which it was intended and by all means, post your opinions be they positive or negative so all of us can view all of the facts and research and make an educated decision.
Are we all suckers? Poll
please click link to vote and explain
http://cmkmdiamonds.proboards27.com/index.cgi?board=news&action=display&num=1082942027
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CashCow
[This message has been edited by glassman (edited April 26, 2004).]
(QUOTE)
CashCowMoo
Member posted April 23, 2004 21:03
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as far as diamonds being there....
A company cannot purchase mineral rights to property that does not contain the mineral. If you were to go to Kentucky and try to purchase gold mining rights they would laugh at you all the way out of the state.
There are laws that apply to purchasing mineral rights.. Here is the Bureau of Land Management web site address... http://www.blm.gov/nhp/300/wo320/minlaw.htm
Under the heading Mineral Patents were it is listing the requirements... Part a. says.. "a. For mining claims. Demonstrate a physical exposure of a valuable (commercial) mineral deposit (the
discovery) as defined by meeting the Department's Prudent Man Rule(1)and Marketability Test(2)...
In other words you first have to prove that the property has the mineral that you want to purchase the mineral rights for. So with that in mind, UC or someone has already proven that diamonds are there. It is just a matter of them finding the Mother Load...
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CashCow
some of us know a little about filing claims in the the US and we are usually willing to try to help some of the less informed new investors out there... i once knew it all too... but then i turned twenty and got real ignorant....
Good section to review: http://thediamondhunter.com/learning
So if you bought this stock, and explorations confirm diamond existance - it may take 4-6 years until they are produced.
Conclusion: long term investment
Special Note: Canadian Diamonds are one of the best diamonds in the world.
Happy future to all of you - because I am going to patiently wait and see what happens!
BTW I have 10 million shares that I look at as a sort of lotto ticket. They'll just sit; something's bound to happen eventually.
[This message has been edited by sopclod (edited April 27, 2004).]
The company certainly had problems to have such a high o/s to begin with but they are trying to start over and turn things around. There is certainly enough facts out there to bash them all day but its also obvious to see that there could be a bright future.
VAN
[This message has been edited by VNGNTN1 (edited April 27, 2004).]
[This message has been edited by VNGNTN1 (edited April 27, 2004).]
[This message has been edited by VNGNTN1 (edited April 27, 2004).]
[This message has been edited by VNGNTN1 (edited April 27, 2004).]
[This message has been edited by VNGNTN1 (edited April 27, 2004).]
quote:
Originally posted by VNGNTN1:
ALL ( Especially Newbies)
Let me present an exercise for consideration:
Using "BART" as an example<because he stated that he has 11m shares since September. I similar to Bart have a bit of money to Speculate with. My philosphy is you will not get to a comfortable place with "high spec" stocks. Last September When Bart bought CKMI which changed to CMKM and now CMKX, I bought 200 each of ICN, PVX @ $7.50. ICN jumped from NASDAQto NYSE(VRX).So lets place these against each other.
Symbol Shares Price Extension Fees Dividend OptionPremium Current Difference
CMKX 11m @ .0002 $2200 10.99 0 0 .0001 -1110.99
ICN 200 @ 7.50 1500 10.99 0 ( 520x2) 25.00 + 2449.01
PVX 200 @ 7.50 1500 10.99 (15.80x7) 0 8.25 + 249.61
- - - - - -
SUMMARY
INVESTED $3021.98---2210.99
VALUE $5720.60---1089.01
APR 106.68%--- -76.11%
- - - - - -
Also bought 10m CMKI
Each investor must decide where & how much of this process they want. Hope this helps.VAN
[This message has been edited by VNGNTN1 (edited April 27, 2004).]
[This message has been edited by VNGNTN1 (edited April 27, 2004).]
[This message has been edited by VNGNTN1 (edited April 27, 2004).]
[This message has been edited by VNGNTN1 (edited April 27, 2004).]
VAN: When you tell a story about me tell it right. I bought CMKX this last time on 20 Apr 2004. Before I had bought it at 10M shares. My total lose on CMKX is $700. I tick will take care of that. Also, lets tell them that I had also IBZT and QBID which I have made hugh money off of. Your ICN and PVX are chump change for what I have made off of IBZT and QBID with plenty more to be made. So do not just pick out what you want and print it about me. Tell the whole story. I also will make a lot of money of off CMKX. If I would not have speculated stocks I would have never got IBZT and QBID. Man do your homework about me. I play in the 100Ks area not $1000 here or there. Please tell the truth next time. Do not paint a B/S picture about me to new investors. I do very well picking up these peices of junk stocks.
quote:
Originally posted by DiQuiRiesco:
Bart you sure are defensive about CMKX for some reason.
NO. When you talk about me just tell the damn truth. Not no B/S. But to be honest with all of you. I really could care less if you B/S artist make a million dollars or lose a million. I hope that people who believe in a stock will make money in it. I know some of you are jealous of the way I make money. Just because you do not have the guts to do as I do. I got QBID at .0017 and IBZT at .009. Been in and out of the over and over. CMKX I have never sold it for less than .00008 or .00009. Just be honest when saying something about me.
BART--chill man ---we don't need it..... you have made a lot of very inconsistent statements...you are asking for people to call you things....
[This message has been edited by glassman (edited April 27, 2004).]
quote:
Originally posted by glassman:
BART--chill man ---we don't need it..... you have made a lot of very inconsistent statements...you are asking for people to call you things....do you want me to go pull some of your posts from IBZT???????
But pull all of them. Also all the QBID ones.
Just do not pick the ones you want. I will not chill as you say. No one ask for your comments. Try to defend VAN if you can. I do not play with dimes as you all do. You people are a real trip. If you do not like CMKX what are you doing here. I have told you before Glass, I do not care about your thoughts. I want all of you when CMKX moves up to make sure you throw out your stuff then. But please go get all my post on all the IBZT threads and QBID threads and post them here. Now do that. Just try and tell me I have not made money and big money off of them. Oh by the way the last time I looked it is my MONEY not any of you alls. So if I want to burn it I will. I will not respond to any of your stuff or VAN or whoever that want to talk about something that they no nothing about.
Respect Bart !
quote:
I play in the 100Ks area not $1000 here or there.
quote:
I know some of you are jealous of the way I make money.
quote:
I do not play with dimes as you all do.
Bart,
You also seem to have a crying need to show people here how well off you are and how superior you are to all of us. In my experience that in and of itself tells a great deal about the measure of the man.
quote:
Originally posted by chessco:
I've been reading Bart's posts since IBZT in
Dec03/Jan04 and I kick myself for not copying him early enough on QBID.
He may tend to be bombastic sometimes, but you gotta give it to him, he's got COJONES.Respect Bart !
the funny part is that Bart wasn't posting in Dec 03--he came here after IBZT popped........
quote:
Originally posted by glassman:
the funny part is that Bart wasn't posting in Dec 03--he came here after IBZT popped........
...and the prosecution rests.
LMAO
Alan......
I'm looking at a company who claim to have developed flying pigs (otcbb:OINK).
HAVE TWO WORDS FOR THIS "STILL BORN"
HAVE TWO MORE WORDS FOR THIS "AFTER BIRTH"
HAVE TWO MORE WORDS FOR THIS "PRO ABORTION"
DON'T GET ME STARTED. I HAVE 5,000,000 SHARES THAT ARE WORTH .00004 ABOUT RIGHT NOW. LOL
------------------
DIANA
quote:
Hi Upside I heard that the circus was looking for a new side show it was called jack ass and I think you are just the right person for the job bravo. Good luck with your new job!!!! LOL
Not bad, not bad!
You want to nit-pick ?
I got into IBZT around Dec 26th 2003.
It was around 0.005 and already in the process of popping. Between Dec 26th and 30th, it went from around 0.005 to 3 cents, then retraced to around 1 cent. I went on vaccation on the 31st, had very limited access to the Internet, but saw it fly to 8 cents on the day of the CES.
So, I admit I might not have read Bart's posts before sometime in Jan04.
That changes everything right ?
I'll say it again, he's got COJONES, and my respect.
GLTA.
quote:
Originally posted by glassman:
the funny part is that Bart wasn't posting in Dec 03--he came here after IBZT popped........
quote:
Upside how bout we call a truce right now I don't want to get kicked off this board.
Joey,
Not really necessary to call a truce but yeah, no more tossing digital darts at each other. Believe me, no offence was taken by me. I really did think it was a good comeback!
quote:
Originally posted by McClymont:
...and the prosecution rests.LMAO
Alan......
You want to nit-pick ?
I got into IBZT around Dec 26th 2003.
(QUOTE)
that's what this sport is about..
DETAILS...
who cares when you or Bart or anybody else got into/out of what stock? bragging........thats all it is....i am here to work, and to help other people get STARTED like some of the people that WERE ONCE HERE helped me.i relly don't like LYING and i have seen more UNTRUE statements about this cm??? whatever name it has this week stock than anything else here.....
Bart has insulted me numerous times and i take it as a compliment.........
i suppose you were just lurking in DEC/Jan when you were reading Barts posts? http://www.allstocks.com/stockmessageboard/cgi-bin/ubbmisc.cgi?action=getbio&User Name=chessco
or did you change your name when you signed up in Feb?
[This message has been edited by glassman (edited April 27, 2004).]
[This message has been edited by glassman (edited April 27, 2004).]
"i am here to work, and to help other people... "
That's very noble of you.
quote:
Originally posted by glassman:
[QUOTE]Originally posted by chessco:
[B]OK,You want to nit-pick ?
I got into IBZT around Dec 26th 2003.
that's what this sport is about..DETAILS...
who cares when you or Bart or anybody else got into/out of what stock? bragging........thats all it is....i am here to work, and to help other people get STARTED like some of the people that WERE ONCE HERE helped me.i relly don't like LYING and i have seen more UNTRUE statements about this cm??? whatever name it has this week stock than anything else here.....
Bart has insulted me numerous times and i take it as a compliment.........i suppose you were just lurking in DEC/Jan when you were reading Barts posts? http://www.allstocks.com/stockmessageboard/cgi-bin/ubbmisc.cgi?action=getbio&User Name=chessco
or did you change your name when you signed up in Feb?[This message has been edited by glassman (edited April 27, 2004).]
quote:
Originally posted by chessco:
As you said "who cares..."
If Bart or CashCow want to plow a couple of hundreds or thousands bucks into a stock,
what do you care ?
Do you think they don't know the risks they are taking ?"i am here to work, and to help other people... "
That's very noble of you.
i have never trashed BART or anyone else for their choice of purchases or sells--i will say again
THIS STOCK HAS HAD MORE UNTRUE STATEMENTS ABOUT IT THAN ANY OTHER IN THE TIME THAT I HAVE BEEN HERE....simple....
and i've been here quite awhile...
ALLSTOCKS provides us with an open forum here BART is the one who is always telling people to shutup and go away...LOL
it doesn't take long for people to figure out who actually does DD around here and who jumps on the bandwagons......
quote:
Originally posted by highwaychild:
got home, checked ameritrade's streamer and saw someone had sold 2 mil shares for .0009 around 4:30 eastern, or am I mistaken?
You are mistaken, that was a typo, the ask price never got above .0001 yes very shocking indeed.
quote:
Originally posted by joeyisthebest:
etrade showes it at a high of .009 I almost **** my pants when I seen that. could have made over 18k today on that sale.
Get as close as you can. Find out as much as you can. See ya back here on Monday. :)
And regardless if you are successful at the above or not, have fun! Awesome display of speed and sound.
quote:
Originally posted by Mainetrader:
I use Scottrade, I've called twice to purchase CMKX, apparently they're only accepting sell orders on this stock. They have a list of stocks they won't fill buy orders on, they mentioned something about transaction costs being prohibitive, has anybody else run into this? Would there be any other reason why Scottrade wouldn't do buy orders on this stock? This doesn't seem fair to me, if I'm willing to pay the commission they should get me the stock, that's what they're there for right?
TaT
A 70% chance of finding diamonds is all I need to bet a few hundred on this stock.
Here's the site for above quote:
With 2 billion+ shares a day trading, this one won't be long.
quote:
Originally posted by cool1sh:
Scotttrade won't buy GWDL either.. like you said they have a list of stocks.. that sucks tho.
quote:
Originally posted by Mainetrader:
I think I'm going to look into Ameritrade, If this thing runs and I wasn't able to get in because of Scottrade's list it wouldn't be good. I don't like calling in pink sheet stocks, I found myself doing it several times per week with QBID, this is especially a hassle at work.
I've had no trouble trading pinks with Ameritrade...
This is the guy who gave the positive CMKM (now CMKX) interview on "traders nation" a little while ago... interesting development...
http://www.tradersnation.com/cmkm.shtml
#1, Why do they need to show their drilling video on the internet? Name one other mining company that feels they have to do this.
#2, What is their response to the questions surrounding their drilling contractor specifically, Major Drilling Co. who has denied any involvement with them.
#3 Why are they drilling on land that has been drilled upon before by major companies (i.e. DeBeers) and found to be not viable for diamond mining?
#4 How many hours of research have you put into this stock before investing in it and what is your expected return?
#5 Why do I care?
I can answer # 5, it's because like many, I got caught up in the hype of this stock and invested before I did any research. After the fact I discovered what a mistake I had made. I encourage all new investors to fully research this company before investing. There's much better places to put your money even if its under your mattress! At least Urban Casavant wont get it there.
"If the NHRA, ESPN, CanAm Motorsports, the SEC, the NASD for giving them their new CUSIP number and ticker, the Nipawin Journal in Canada, the Edmonton Journal in Canada, Investors Business Daily article, SpeedZone Magazine, Dr. Hutchison, their Joint Venture partners, and yet still some others have all been tricked and played for fools, then fooling little old me is just a drop in a bucket of water. Make that the ocean. I can’t believe that their intentions are anything else but to go to the moon!
Since this is enough to convince me, the last thing I would want to do is to have my stock halted to kill the possible huge momentum run from any good news because of being halted. This is the penny land and if people can’t stomach the situations with companies, then they really should make the decision whether to keep on investing in such stocks or move on to the major markets. I say such because often such is the nature of the penny stock world.
If it didn't have all of the above key players involved then maybe my confidence would be different.
Like I have told a few people already, they have already been investigated and passed with flying colors for being a clean company. Some listened, some didn't. All is well and legal with CMKX, especially since they are a pink sheet stock. They do have their ducks in a row.
Since we are so close to some major things happening, I personally would wait a bit longer since you have waited all of this time. The SEC is aware of CMKX.
Besides, look at what happened to BOCX and how it killed its run. The SEC passed BOCX with flying colors, but the market have not realized that all is well with them from their quick SEC investigation.
I would wait to see how things pan out for the next few weeks to see what is revealed. Only my opinion.
Sterling"
Anyone who invests in the pinkies understands (or NEEDS to understand)the associated risk...YES you can lose it all.
This one however could be VERY interesting...AND YES thankfully I can easily afford to lose it all. But my gut says I don't think so...Regards
CMKM Diamonds Inc.
Diamonds Hotline
Melvin O'Neil, 306-752-3755
Toll-free in U.S./Canada: 877-752-3755
Fax: 306-752-3754
E-mail: ipr@sasktel.net
CMKX is in the join venture with other 3 companies....so that proves that they are real...Read: 'The "Carolyn Pipe" is located on the jointly owned Smeaton property claims in Saskatchewan, Canada held by CMKM Diamonds Inc., being the primary operator of the claims, United Carina Resources Corp. (CDNX: UCA), Consolidated Pine Channel Gold Corp. (CDNX: KPG) and U.S. Canadian Minerals Inc. (OTC BB: UCAD)'
Here is some info on other three companies, trading volumes are low but good prices, it will be nice if CMKX reach even the lowest one then we all can make good money. Cannot find much about U.S. Canadian Minerals Inc, but read some old news below.
Have fun reading all below, but don't miss my few points why CMKX may be a risk or long time investment.
UNITED CARINA (TSXV:UCA.V)
Address 470 Granville St Suite 921, Vancouver, B.C. V6C 1V5
Phone (306) 664-3828
Fax (604) 682-8566
Website www.unitedcarina.com
Email info@unitedcarina.com
No New News since Nov 24, 2003 http://www.unitedcarina.com/News/index.php
CONSOLIDATED PINE (TSXV:KPG.V)
Address 470 Granville St Suite 921, Vancouver, B.C. V8C 1V5
Phone (306) 664-3828
Fax (604) 682-8566
Website www.pinechannel.com
Email info@pinechannel.com
U.S. Canadian Minerals Inc http://host.businessweek.com/businessweek/Corporate_Snapshot.html?Button=Get+Report&Symbol=UCAD
Intersection of Kimberlitic Rock Announced by U.S. Canadian Minerals, Inc.
LAS VEGAS, Apr 6, 2004 (BUSINESS WIRE) -- (BusinessWire)
U.S. Canadian Minerals, Inc. (OTCBB:UCAD) has announced that the Company has purchased the previously announced Option with United Carina Resources Corp. (CDNX:UCA), Consolidated Pine Channel Gold Corp. (CDNX:KPG), and CMKM Diamonds Inc. (Pink Sheets:CMKX).
Management is also pleased to announce the intersection of over 500 feet of kimberlitic rock on their mineral claims in conjunction with this Option nearby the settlement of Smeaton, Saskatchewan. Operating partner CMKM, in collaboration with their geologist, Ralph Newson, have chosen a drilling location close to an area where smaller thickness of kimberlite have been identified by prior claim holders. Kimberlitic rock was intersected at a depth of 410 feet and drilling is still in progress.
So here are some points and some answers some of you asked about their strange marketing methods:
1. The biggest risk is that they don't find any diamonds in that location. But what is stopping them from acquiring more land and drilling somewhere else for diamonds.
2. Their marketing strategies are not the best. But what I have found working for large corporation and small business - the small business guys are skilled with making their product or offering a service, but no clue on marketing - they often post their advertising to general public, in stead of in the business section - SO TO MAKE LONG STORY SHORT, CMKX has very little marketing knowledge or they just having fun...
3. It makes me laugh sometime how businesses design their web sites - they are everything - no focus at all. They think more is good. And I did see some other web site posting pictures of totally unrelated issues.
So this is my comment of the day - ANY COMMENTS TO SUPPORT MY BELIEVES?
1st holl was 500 feet kimberline
2nd holl 300 feet (100 feet away from hole 1)
3rd holl 450 feet (100 feet away from hole 1)
He also said they are still retiring shares.
Test results will be back anywhere from immedidately till 2 weeks from now. They were sent away 1 month ago and it takes 3-6 weeks.
I am watching his responces carefully and I am getting more excited.
I can't argue with you as far as the website goes as I design professional work and they could certainly use focus.
As far as advertising goes. I really think the funny car is a good idea. The message board is also good because it gets shareholders involved. I am glued to the thing.
I do think it would be worthwhile for them to hire an outside company to make sure they advertise wisely and show themselves as a controlled company. On the other hand, if they find lots of diamonds, WHO WILL CARE? We should know soon and it truely is the MILLION DOLLAR QUESTION.
[This message has been edited by TradingWizard (edited April 29, 2004).]
[This message has been edited by highwaychild (edited April 29, 2004).]
[This message has been edited by TradingWizard (edited April 29, 2004).]
quote:
Originally posted by TradingWizard:
I own this Canadian stock TAH on TSX, they are the stage that probably by the end of 2005 beginning of 2006 will be producing diamonds. They have diamonds and just waiting for federal approval (some gov crap).
The stock is trading at 0.35 Cnd (probably 0.25 USD).
Can you imagine if CMKX found diamonds! Life will be cool...............
I been hearing a lot about Canadian diamonds - one of the best in the world.
They are digging in the right place - lets all pray!!!!!!!!!!!!!![This message has been edited by TradingWizard (edited April 29, 2004).]
How can you guys even talk about diamonds? If they find $500million worth of diamonds then what should the share price be? What if they find $2billion of diamonds?
quote:
Originally posted by roger7485:
If I put a buy order in for 100MM shares at .0001, would it fill?
News Index .: E-mail to a Friend .: Print the article .: Discuss the article
LAS VEGAS, Nevada -- CMKM Diamonds, Inc., (CMKM), (Casavant Mining and Kimberlite Minerals), a publicly traded company (CMKX.pk.) has entered into an Agreement with the ASA Speed Truck Challenge as its new Series / Title Sponsor for the remaining 13 races in 2004.
Urban Casavant, founder and Chairman of the Board of CMKM Diamonds stated; “We are very excited to be the Title Sponsor for the ASA Speed Truck Challenge in 2004. The exposure and awareness of our diamond exploration company through the Speed Truck national television broadcasts will help drive those brand loyal viewers to our new racing web site. The site (www.cmkxtreme.com) will provide links for further information on the diamond mining industry and the opportunities related to our business, including investor relations, as well as promote our new marketing arm through televised motorsports.” The new site is expected to be up in the next 10 days.
Urban is a native of the Prince Albert (Canada) area and has been involved in the precious stone and metals industry for over 17 years presenting a substantial advantage over other diamond exploration companies.
With local knowledge and months of research of geological/government reports of the Fort a la Corne area located in central Saskatchewan, Canada, Urban set forth to stake mineral claims in the hundreds of thousands of acres, most contiguously and adjacent to known diamondiferous kimberlite bodies owned and operated by other mining companies, prior to forming CMKM Diamonds (formerly: Casavant Mining Kimberlite International).
CMKM management believes the company’s future is bright as diamonds. The Company now has over 1,000,000 (one million) acres claimed in Saskatchewan which include Fort a la Corne claims, Green Lake claims and zinc claims that include the original George Lake Deposit (also known as Brakewell Lake) with options for hundreds of thousands more acres. CMKM Diamonds, Inc., recently initiated a drill program, with confirmed results of one of the thickest kimberlite bodies found to date in the Fort a la Corne area. With ongoing drilling on additional targets scheduled for diamond core drilling in the next few months, CMKM has purchased additional equipment and employed labor forces to allow year round drilling. As aerial and ground surveys determine the probability of targets, the company is prepared to purchase yet even more equipment and labor to meet the demand of harvest.
CMKM Diamonds has recently entered into marketing Agreements aimed at the motorsports industry in addition to the Title Sponsorship of the ASA Speed Truck Challenge. “The CMKXtreme Machine Top Fuel Corvette Funny Car piloted by Jeff Arend debuted in Las Vegas on April 1st, and set 3rd fast time of 299.997 MPH at Houston Raceway Park the following weekend,“ commented Jeff Flasco Vice President of Can-Am Motorpsorts. Title Sponsor for the NHRA Chicago race is now called “CMKM Diamonds NHRA Route 66 Nationals.”
The name of series will be: ASA Speed Truck Challenge … presented by CMKXtreme.com.
“The traditional motorsports sponsor world may be put on end however, thinking out of the box prompted the ASA Speed Truck Challenge to bring on CMKM Diamonds as the Title Sponsor.” Stated Jay Rutherford, Speed Truck Challenge President.
“The executives involved with CMKM Diamonds quickly realized that televised motorsports is the number one marketing and advertising buy known today. Joyce Julius and Associates have produced endless reports substantiating the power of television to the most brand loyal and emotionally charged fans and viewers in the sporting universe….racing fans.” ,“With 75 million fans searching out and purchasing motorsports sponsor products, the partnership makes perfect sense.” “The sponsorship from CMKM allows the ASA Speed Truck Challenge to add five additional national television broadcasts to the current four, creating more exposure and awareness for CMKM Diamonds, Speed Truck Challenge and the teams and sponsors involved with us.” “CMKM Diamonds is making all of us look brilliant!
Mechanix Wear has been the Title Sponsor of the Speed Truck Challenge since 1998. Due to their “Official Glove of NASCAR” status, Mechanix Wear will take a lesser position as a Contingency Sponsor to the series but remain involved. “We would like to thank Mechanix Wear for their help and support over the last seven years and wish them continued success with their brands of racing related products. They have great brands, a great staff of people and we have made great friendships through our sponsorship relations. Without Mechanix Wear helping us, we would not be where we are today. Thanks Mechanix Wear you are the best.” Concluded Rutherford.
This Press Release contains "forward-looking" statements as that term is defined by Section 27A of the Securities Act of 1933, as amended, (the "Securities Act") and Section 21E of the Securities Exchange Act of 1934, as amended, (the "Exchange Act"). All statements that are included in this Press Release other than statements of historical fact are "forward-looking" statements. Although Management believes that the expectations reflecting in these forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Important factors could cause actual results to differ materially from the expectations as disclosed herein, including without limitation, in conjunction with these forward-looking statements contained in this Press Re
News Index .: E-mail to a Friend .: Print the article .: Discuss the article
LAS VEGAS, Nevada -- CMKM Diamonds, Inc., (CMKM), (Casavant Mining and Kimberlite Minerals), a publicly traded company (CMKX.pk.) has entered into an Agreement with the ASA Speed Truck Challenge as its new Series / Title Sponsor for the remaining 13 races in 2004.
[This message has been edited by TFKIDD (edited May 01, 2004).]
quote:
Originally posted by VNGNTN1:
If this is true. They are marketing to "Public" (retail) which means they have diamonds.
Any other logic out there?
VAN
They must have something to sell. Since the timeline dictates that diamonds are a sheer impossibility one must wonder what they are trying to sell.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) April 17, 2003
CASAVANT MINING KIMBERLITE INTERNATIONAL, INC.
(Exact name of Registrant as specified in charter)
Nevada 0-26919
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification)
1481 W. Warm Springs Road, Suite 133, Las Vegas, Nevada 89014
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (702) 946-6747
ITEM 9. REGULATION FD DISCLOSURE
On April 15, 2003, Casavant Mining Kimberlite International, Inc. ("CMKI") entered into an agreement with Urban Casavant, President of the Company, whereby Mr. Casavant agreed to place his shares of CMKI common stock in escrow for a period of three (3) years. During the period of time in which Mr. Casavant's shares are in escrow, Mr. Casavant has agreed not to sell, pledge, or otherwise dispose of any of the shares placed in escrow. However, Mr. Casavant does retain all other rights afforded to him by virtue of owning the shares, including voting rights and rights to dividends and other distributions.Mr. Casavant's shares are being held in escrow by the Law Offices of Thomas C. Cook, Ltd.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(a) Share Lockup Agreement dated April 15, 2003
SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: April 17, 2003
Casavant Mining Kimberlite International, Inc.
By: /s/ Urban Casavant
Urban Casavant, President
Share Lockup Agreement
This Share Lockup Agreement (the "Agreement") is entered into this ___ day of April, 2003 by and between Urban Casavant, an individual resident in the State of Nevada (hereinafter referred to as "Casavant"), Casavant Mining Kimberlite International, a Nevada corporation ("CMKI"), and Thomas C. Cook and Associates, Ltd., a Nevada professional law corporation (hereinafter referred to as "TCC").
RECITALS
WHEREAS, Casavant currently is an affiliate of CMKI, by virtue of the fact that he is currently the president of CMKI and is the holder of record of six hundred million (600,000,000) common shares of CMKI, represented by certificate number 5171 (the "Shares"); and
WHEREAS, Casavant and CMKI believe that it would be in the best interests of CMKI and its shareholders for the Shares to be held in escrow for a period of time; and
WHEREAS, Casavant and CMKI have mutually chosen to utilize TCC as the Escrow Agent.
NOW, THEREFORE, Casavant, CMKI and TCC and hereby agree as follows:
1. Escrow of Shares. Casavant shall place the Shares directly into the custody of TCC. The share certificates shall not be released from the custody of TCC until three years pass from the date of execution of this Agreement (the "Escrow Term"). During such Escrow Term, Casavant hereby agrees that he will be unable to sell, transfer, pledge, hypothecate or otherwise dispose of the Shares. During the Escrow Term, Casavant will retain all other rights afforded to him as a shareholder of CMKI, including but not limited to the receipt of dividends when declared and voting rights.
2. Break of Escrow. Upon the expiration of the Escrow Term, TCC shall, within five (5) business days from the expiration of the Escrow Term, release to Casavant the Shares.
3. TCC Not Underwriter or Broker/Dealer. It is expressly understood and agreed by the parties that TCC is acting only in the capacity of an escrow agent, and therefore shall not partake in any activity which would cause TCC to be classified as an underwriter, a broker or a dealer as defined under the Securities Act of 1933, as amended, the Securities Exchange Act of 1934, as amended, or any other relevant federal or state securities law, rule, or regulation.
4. Amendment and Modification . Subject to applicable law, this Agreement may be amended, modified or supplemented only by a written agreement signed by Casavant, TCC and CRS.
5. Waiver of Compliance; Consents.
5.1 Any failure of any party to comply with any obligation, covenant, agreement or condition herein may be waived by the party entitled to the performance of such obligation, covenant or agreement or who has the benefit of such condition, but such waiver or failure to insist upon strict compliance with such obligation, covenant, or agreement or condition will not operate as a waiver of, or estoppel with respect to, any subsequent or other failure.
5.2 Whenever this Agreement requires or permits consent by or on behalf of any party hereto, such consent will be given in a manner consistent with the requirements for a waiver of compliance as set forth above.
6. Entire Agreement. This Agreement contains the entire understanding between and among the parties and supersedes any prior understandings and agreements among them respecting the subject matter of this Agreement.
7. Agreement Binding. This Agreement shall be binding upon the heirs, executors, administrators, successors and assigns of the parties hereto.
8. Attorneys' Fees. In the event an arbitration, suit or action is brought by any party under this Agreement to enforce any of its terms, or in any appeal therefrom, it is agreed that the prevailing party shall be entitled to reasonable attorneys fees to be fixed by the arbitrator, trial court, and/or appellate court.
9. Computation of Time. In computing any period of time pursuant to this Agreement, the day of the act, event or default from which the designated period of time begins to run shall be included, unless it is a Saturday, Sunday or a legal holiday, in which event the period shall begin to run on the next day that is not a Saturday, Sunday or legal holiday.
10. Governing Law. This Agreement and the rights and obligations of the parties hereto shall be governed, construed and enforced in accordance with the laws of the State of Nevada. The parties agree that any litigation relating directly or indirectly to this Agreement must be brought before and determined by a court of competent jurisdiction within the State of Nevada.
11. Indemnification. Casavant and CMKI hereby agree to indemnify and hold harmless TCC, its partners, employees, agents, representatives, assigns, and controlling persons from any and all losses, claims, damages, liabilities, costs, and expenses and any legal or other expenses in giving testimony or furnishing documents in response to a subpoena or otherwise (including, without limitation, the cost of investigating, preparing or defending any such action, suit, proceeding, or claim, whether or not in connection with any action, suit, proceeding or claim for which they are a party), as and when incurred, directly or indirectly, caused by, relating to, based upon or arising out of the services pursuant to this agreement so long as TCC has not committed intentional or willful misconduct, or shall not have acted negligent or grossly negligent, in connection with the services which form the basis of the claim for indemnification. This paragraph shall survive the expiration or termination of this agreement.
12. Further Action. The parties hereto shall execute and deliver all documents, provide all information and take or forbear from all such action as may be necessary or appropriate to achieve the purposes of the Agreement.
13. Confidentiality. The parties shall keep this Agreement and its terms confidential, but any party may make such disclosures as it reasonably considers are required by law or necessary to obtain financing. In the event that the transactions contemplated by this Agreement are not consummated for any reason whatsoever, the parties hereto agree not to disclose or use any confidential information they may have concerning the affairs of other parties, except for information which is required by law to be disclosed. Confidential information includes, but is not limited to, financial records, surveys, reports, plans, proposals, financial information, information relating to personnel contracts, stock ownership, liabilities and litigation.
14. Costs, Expenses and Legal Fees. Whether or not the transactions contemplated hereby are consummated, each party hereto shall bear its own costs and expenses (including attorneys' fees).
15. Severability. If any provision of this Agreement is held to be illegal, invalid or unenforceable under present or future laws effecting during the term hereof, such provision shall be fully severable and this Agreement shall be construed and enforced as if such illegal, invalid or unenforceable provision never comprised a part hereof; and the remaining provisions hereof shall remain in full force and effect and shall not be affected by the illegal, invalid or unenforceable provision or by its severance herefrom. Furthermore, in lieu of such illegal, invalid and unenforceable provision, there shall be added automatically as part of this Agreement a provision as similar in nature in its terms to such illegal, invalid or unenforceable provision as may be possible and be legal, valid and enforceable.
16. Counterparts and Facsimile Signatures. This Agreement may be executed in one or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. For purposes of this Agreement, facsimile signatures shall be treated as originals until such time that applicable pages bearing non-facsimile signatures are obtained from the relevant party or parties.
IN WITNESS WHEREOF, the parties hereto have set their hands this ___ day of April, 2003.
Urban Casavant, an individual Thomas C. Cook and Associates, Ltd.,
("Casavant") a Nevada professional corporation
("TCC")
By: /s/ Urban Casavant By: /s/ Thomas c. Cook
Urban Casavant Thomas C. Cook, Esq., President
Casavant Mining Kimberlite International, a
Nevada corporation ("CMKI")
By: /s/ Urban Casavant
Urban Casavant, President
This proves Casavant knows their are diamonds and he can't sell till two years from now. Thats what I got out of it and he wouldn't want to sell because he knows the price ain't going to be very high. This was a way to show the public this company is for real and in two years or less we may see that pot of gold at the end of the rainbow.JMOT
CMKX-About the ASA Agreement…
This is some powerful publicity. Before I share some other thoughts, I had to go back and really break this news down a bit further piece by piece to further analyze separately. There is so much that could be discussed from each piece as I had broken it down into pieces. I had to read over it a few times and further dissect it to really get the full effects.
Please observe and examine each bullet below from the news: http://www.racingwest.com/news/story.php3/8679/index.htm
** CMKX has entered into an Agreement with the ASA Speed Truck Challenge as its new Series / Title Sponsor for the remaining 13 races in 2004.
** The exposure and awareness of our diamond exploration company through the Speed Truck national television broadcasts will help drive those brand loyal viewers to our new racing web site.
** The site (www.cmkxtreme.com) will provide links for further information on the diamond mining industry and the opportunities related to our business, including investor relations, as well as promote our new marketing arm through televised motorsports.
** The new site is expected to be up in the next 10 days.
** Urban is a native of the Prince Albert (Canada) area and has been involved in the precious stone and metals industry for over 17 years presenting a substantial advantage over other diamond exploration companies.
** With local knowledge and months of research of geological/government reports of the Fort a la Corne area located in central Saskatchewan, Canada, Urban set forth to stake mineral claims in the hundreds of thousands of acres, most contiguously and adjacent to known diamondiferous kimberlite bodies owned and operated by other mining companies, prior to forming CMKM Diamonds (formerly: Casavant Mining Kimberlite International).
** CMKM management believes the company’s future is bright as diamonds.
** The Company now has over 1,000,000 (one million) acres claimed in Saskatchewan which include Fort a la Corne claims, Green Lake claims and zinc claims that include the original George Lake Deposit (also known as Brakewell Lake) with options for hundreds of thousands more acres.
** CMKM Diamonds, Inc., recently initiated a drill program, with confirmed results of one of the thickest kimberlite bodies found to date in the Fort a la Corne area.
** With ongoing drilling on additional targets scheduled for diamond core drilling in the next few months, CMKM has purchased additional equipment and employed labor forces to allow year round drilling.
** As aerial and ground surveys determine the probability of targets, the company is prepared to purchase yet even more equipment and labor to meet the demand of harvest.
** CMKM Diamonds has recently entered into marketing Agreements aimed at the motorsports industry in addition to the Title Sponsorship of the ASA Speed Truck Challenge.
** “The CMKXtreme Machine Top Fuel Corvette Funny Car piloted by Jeff Arend debuted in Las Vegas on April 1st, and set 3rd fast time of 299.997 MPH at Houston Raceway Park the following weekend,“ commented Jeff Flasco Vice President of Can-Am Motorpsorts.
** Title Sponsor for the NHRA Chicago race is now called “CMKM Diamonds NHRA Route 66 Nationals.”
** The name of series will be: ASA Speed Truck Challenge … presented by CMKXtreme.com.
** The traditional motorsports sponsor world may be put on end however, thinking out of the box prompted the ASA Speed Truck Challenge to bring on CMKM Diamonds as the Title Sponsor.” Stated Jay Rutherford, Speed Truck Challenge President.
** The executives involved with CMKM Diamonds quickly realized that televised motorsports is the number one marketing and advertising buy known today.
** Joyce Julius and Associates have produced endless reports substantiating the power of television to the most brand loyal and emotionally charged fans and viewers in the sporting universe….racing fans.
** With 75 million fans searching out and purchasing motorsports sponsor products, the partnership makes perfect sense.
** The sponsorship from CMKM allows the ASA Speed Truck Challenge to add five additional national television broadcasts to the current four, creating more exposure and awareness for CMKM Diamonds, Speed Truck Challenge and the teams and sponsors involved with us.
** CMKM Diamonds is making all of us look brilliant!
** Mechanix Wear has been the Title Sponsor of the Speed Truck Challenge since 1998. Due to their “Official Glove of NASCAR” status, Mechanix Wear will take a lesser position as a Contingency Sponsor to the series but remain involved.
** We would like to thank Mechanix Wear for their help and support over the last seven years and wish them continued success with their brands of racing related products. They have great brands, a great staff of people and we have made great friendships through our sponsorship relations. Without Mechanix Wear helping us, we would not be where we are today. Thanks Mechanix Wear you are the best.” Concluded Rutherford.
I would like to thank you too Mechanix for stepping down to allow for the opportunity of CMKX to excel from this exposure. I think this is why Urban is so happy! Now we know!
It’s almost as if each piece above is its own topic for discussion. From what I believe, this is only one of a few of the good announcements that are in the makings to be released as we all have already been expecting.
;-)
Sterling
________________________________________
May God Bless All.
May God Bless All.
[This message has been edited by highwaychild (edited May 02, 2004).]
I think that Urban is about to take CMKX off the pinks and on to the OTCBB. Then I think he will take CMKX from the OTCBB to the NASDAQ. We thought the reverse merge was to be with UCAD. It could be a reverse merger into a NASDAQ company. Just think, many NASDAQ companies would love to have this type of exposure. This wouldn’t be the first time a pink sheet stock went to the NASDAQ. I just don't see him being in a position to attract this much national exposure and still remain on the pink sheets.
“All they have to do” is to first get their share structure and financials pushed through their lawyers and on to the SEC. If properly coordinated, this could happen quickly. I believe this is something that CMKX have been working on all along.
This also could be why the SEC has not halted CMKX after being reported and inspected. The SEC has been aware of what has been in the works for a very long time now as I tried to inform others to remain patient. I think many can now see that this is bigger than what many have already expected.
CMKX is aware that major investors are waiting in the wings for them to move to the next levels of trading on the OTCBB to prove their seriousness. As for those who will be selling anywhere before a penny, there will be new investors continuously waiting in the wings to snatch those shares up. I believe that CMKX will establish a new base of shareholders on every dip once the runs begin.
I believe that CMKX already have those major investors and institutions already lined up. It should not be hard for others to see the same in my opinion with all of the connections that have already been made public. There is much more that have not been made public in my opinion. There are many that would welcome buying CMKX at a premium after CMKX further validate their presence of significance.
This news below should be enough to understand how the networking of key connections is just now beginning: http://www.racingwest.com/news/story.php3/8679/index.htm
I say "All they have to do" because I believe that CMKX is aware of this and have all of the paperwork done and is just waiting to place the share structure to the filings. I don’t think that Urban wants this to be trading at .0001 cent and not moving while receiving all of this national exposure.
Urban has to be aware that it would spook major investors if they don’t allow for CMKX to begin moving. I’m sure he has already placed timelines for movement to fall in line with key events. We are nearing those times. I think that he wants CMKX on the OTCBB before this major publicity campaign starts. This would mean that we should see a quick announcement of CMKX returning back to the OTCBB with the announcement of the share structure being filed with the SEC.
Even still, there are many CMKX affiliates that are not even aware of the trading aspect of CMKX as like many of us. This is how Urban wants it in my opinion. It’s not that he is hiding it from them. He is keeping business and trading separate from some while combined for other business partners.
As for the share structure, there are so many thoughts that I think we are very near to where share structure speculation is not essential anymore. I believe that the remedy that we are about to see will put investors minds’ at peace and we will move forward on to other topics of discussions. It’s either you trust Urban at this point or not. I have had enough revealed to feel at peace with my investment into CMKX. Whatever he is doing is a lot larger than any penny stock that I can think of right now. Too many key players have already been made known to be supporters of CMKX’s business plan that it’s only one way up from here and that is up in a very huge way. We all will see.
David Stone recently resigned as president of Kensignton who is in strong affiliation with DeBeers. Who better to add to your Project Surround team than the one who was a major player for growing the Kensington-DeBeers-Cameco joint venture in Fort a la Corne to what it has matured into being. Please read the links below for more details:
From the PR and Newspaper article... http://biz.yahoo.com/bw/040426/265402_1.html http://ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=2940
I think we will see why it was mentioned that in the Canadian Newspaper article that David stone is moving in a different philosophical direction. It has been mentioned that Urban is no doubt interviewing worldwide notables to fill one of the remaining board of director positions. Imagine what would happen to the continuity of CMKX (& share price) if they add such an individual to their board of director positions, or higher. http://www.ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=3163
We probably will be seeing some huge affiliations joining the party after this runs a bit too in the likes of Ford, Dodge, Chevy, Toyota, Nissan, etc. Since CMKX is the primary sponsor of the races that they all are involved, it will become a thing of investing into each other to help each other out. I expect to see some increased networking take place between all of these entities. They are going to no doubt want to buy a position of CMKX and to assist in getting their investment to the major markets too. Again, these connections could have already transpired for CMKX to have been awarded the position to sponsor these major events. http://www.speedtruck.com/
Because of this new found role of sponsorship, CMKX will no doubt now be positioned for bigger and better things.
Now back to the NASDAQ thoughts. A company must move from the pinks to the OTCBB and then to the NASDAQ if I’m not mistaken. There are companies that are trading on the NASDAQ today that are looking for a way to increase their versatility to instill a shot of growth into their stock. What better ways to do this than to allow CMKX to either merge or reverse merge into your business plan?
I’m saying NASDAQ, but I’m really referring to any stock on any of the major markets. Any stock trading on either of the major markets that is in jeopardy of being delisted would no doubt welcome the addition of a diamond exploration company that has diamonds in my opinion.
Even if we reverse merge, I would expect to see something similar as to what happened to the share price of CMKC, now CKEC, which is not related to CMKX although their tickers are similar.
CMKC, formerly CKECQ for those who remember, had come out of its reorganization from bankruptcy in Jan 02 at .19 cents per share as indicated below: http://www.findarticles.com/cf_0/m4PRN/2002_Jan_3/81256049/p1/article.jhtml http://www.findarticles.com/cf_0/m4PRN/2002_Feb_7/82624153/p1/article.jhtml
CMKC went from .19 cents to $1.02 per share from its reorganization from bankruptcy. Then CMKC then soon went to $3.46 per share. Soon afterwards, CMKC went from $3.46 price range to opening up at $17.75 per share on 4 Feb 02, on the OTCBB from trading on the pink sheets. http://www.findarticles.com/cf_0/m4PRN/2002_Feb_5/82525123/p1/article.jhtml
Later it opened up under its new (old) ticker of CKEC on the NASDAQ on 23 May 02 at $30.00+ per share. The bid never dropped on that day below $29.28 and the stock closed at $30.12 per share for that day. Later the stock drifted downwards to later stabilize at the $16.00+ per share for months.
Today, 1 May 04, CKEC is trading at $37.74 per share as indicated below: http://finance.yahoo.com/q?s=ckec
It has been trading over $25.00+ per share since 13 Aug 03 and over $35.00 per share since 22 Oct 03.
I’m not saying that CMKX will do the same as CKEC although even doing near such would be nice. I just don’t think that Urban is doing all of this to remain on the pinks. I just think that it is now time for us to start thinking “Big Picture” and not “Little Picture” for share price movements of justification. With what have been now reveled to the public, there should be no doubt in anybody’s mind that CMKX is well worth the risk.
I’m sure that he was told or is no doubt aware that when he gets off the pinks, he will have a new group of investors that will invest into CMKX. He will pick up new investors all throughout this marketing campaign. The networking is now in the mix and has been for some time now.
Since we really never had a bid for months, this eliminates the thoughts that he was selling shares on the open market. If any selling or whatever selling that was done was done at a level of trading outside of Level’s I and II. I take this to mean that such trading at such levels outside of the open market was done to rectify the share structure of CMKX.
As for the retiring of shares to fix the share structure, CMKX should be nearing completion if we have not completed doing so as of yet. It would be very powerful if he retired shares with the results of having those shares ceased to exist. This would mean that he was wiping out the authorized shares (AS) all along. This would mean the new AS would be equivalent to the outstanding shares (OS) which would probably be equivalent to the float. That would mean us.
So, if I had to guess, there is a good chance that we might not see a PR of the share retirement being completed, but one would be nice. Our reward for being shareholders is Urban putting our shares in a position to be bought by other investors who would want your shares at a premium. To include him and other insiders to further retire more shares at higher prices as value is enhanced. This means that as more people sell the more shares to be bought to go towards continued retirement if his goal has not been met for his desired OS.
The more shares Urban retires, the higher the fundamental value of CMKX shares would be since these are shares from the OS and/or float. Read below to understand the share retirement process: http://www.ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=2727
As for the exact details, there are many thoughts that could be generated to justify such activities. We really should not even focus anymore on the exact details of how Urban is retiring shares; we should just know that he is doing such and be glad.
I just don’t see all these marketing and drilling actions evolving into a stock remaining on the pink sheets. There are too many other entities involved too deep besides Urban, friends, and family right now for this to fail. I think the share price is nearing the atmosphere and is on its way to the moon.
These are all my opinions and should only be considered as “theories” until converted into “facts” by CMKX. We should be nearing prosperity very soon with CMKX!
Sterling
___________________________________________
May God Bless All.
If you want to see a recap of the race so far, tune in to NHRA toady in a few minutes on ESPN2. May 2,04 11:30 a.m. - Noon (ET) (ESPN2)
May God Bless All.
May God Bless All.
can a pizza get to your house faster than an ambulance.
are there handicap parking places in front of a skating rink.
go CMKX...
------------------
CashCow
quote:
Originally posted by CashCowMoo:
Only in America......can a pizza get to your house faster than an ambulance.
are there handicap parking places in front of a skating rink.
go CMKX...
LOL... I agree with you Moo... there's too much potential for this thing to take off NOT to drop a few bucks in and watch... even if it bombs, so what... it was still worth the risk to have a chance... besides, I'm making enough from QBID that what I've dropped into CMKX is mere pocket change.. LOL...
[This message has been edited by joesturbo (edited May 03, 2004).]
A very interesing post you had. I enjoyed reading it and can see how much of it could happen. I do wish to disagree with you on one point, though:
"This would mean that he was wiping out the authorized shares (AS) all along. This would mean the new AS would be equivalent to the outstanding shares (OS) which would probably be equivalent to the float."
My understanding is that only the O/S is wiped out, the A/S remains the same until the board or shareholders act to change it. This may indeed be what happens (we can only hope). I've never actually understood, however, what "retiring" shares actually means. I've assumed they revert wo an unissued status (as opposed to treasury stock). If anyone can point me to a solid definition from a reliable source (i.e., NOT a BB ) I'd be appreciative.
Again, thanks for the interesting post!
------------------
~,-,-< GatorMan
According to the company, this is what's still in progress:
http://ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=228&submit=Go
By: stervc
24 Feb 2004, 08:17 AM EST
Msg. 228 of 2725
(This msg. is a reply to 226 by big_shadow.)
Jump to msg. #
Important, About Retiring Shares …
I recently made many phone calls and talked with many companies, market authorities, brokerages, and some of everybody to say the least. So I won’t be posting any names or numbers this time because it was too many to keep up with. I’ll just say that through general consensus, all that knew of the topic “retiring of shares” had come to the same conclusion.
Read these examples below to get an understanding of CMKM’s situation: http://www.insurancejournal.com/news/newswire/southeast/2004/02/03/36375.htm http://www.siamfuture.com/asiannews/asiannewstxt.asp?aid=1497
This is to show you that what is happening is that there is a person or affiliates with deep pockets that are buying or already had owned shares of CMKM. They have two choices to contribute their buying of shares for the reduction of the outstanding share structure.
1. The person or affiliates could buy shares and hold them within the company treasury at which some point in time in the future the company could later re-issue those shares to begin the dilution process over again or use those funds to further develop the company. I do think that CMKM has done this too, but not all of the shares. I think that about 40 to 50 billion shares will be returned back to the treasury. This allows them the ability to re-issue theses shares at a later time to use if the need arises to raise capital. All companies usually give them self this option.
Or
2. The person or affiliates could buy shares and retire them to include the shares already owned if need be. This would mean that the shares would be eliminated from existence. This is an agreed method where a certain amount of stock is bought at discounted prices, usually at the bid, to have eliminated from the O/S. While the above scenario eliminates the shares from the O/S to enhance CMKM’s fundamentals, this scenario has the same effect on enhancing CMKM’s fundamentals, but instills investor confidence by eliminating the fear of future dilution because the shares are completely erased from all existence.
What is happening is that those who are buying now to retire shares are buying into the future of the company and will do so because of something concrete that have not been released to the public. This is why we have been seeing billions and billions in volume as confirm by the company. These are the shares that will cease to exist.
This means that there is a certain amount of billions to be bought that have already been established from the beginning of the retiring of shares program. In return, I think that those who have been doing the buying back of the billions of shares will be awarded a certain amount Series B Preferred Stock that would equate to much more than their initial investment to retire shares which will probably be restricted and could not be converted into common stock prior to some set time in 2005 if I had to guess. Example: Buying and retiring 100 billion shares would convert to the issuance of 10 million Series B Preferred Stock that could not be converted into common stock anytime prior to 1 Sep 05.
Now let’s consider. If you were the one buying back shares and had those types of connections/funds, you darn right you and CMKM would be coordinating with the MMs to hold CMKM down until you bought back the amount that you were looking for at the price that you were looking for too. Remember, you will be calling the shots behind closed doors until key news of substance is revealed or about to be revealed. You want to position yourself to look as wise as possible when all of this materializes for the better.
Think about it for a minute. If it were you, would you want to buy back shares to be retired at .0001 to .0002 cent(s), or at .01 to .02 cents? If you were investing millions, that could be the difference of retiring a few “million” shares versus a few “billion” shares.
The CMKM affiliates know what the future holds for CMKM in providing support for them now. Enough have been reveal that allows me to understand what I think to be transpiring. When the retiring of shares is complete, you might not have but a short time to time your entry point if you are not already in. That’s a chance I have elected to not take which is why I had chosen to buy and wait it out. I think that we are on to something very big. Still, I like our odds. These are only my opinions. May we all become prosperous with CMKM!!!
Sterling
__________________________________________
May God Bless All.
here is something of UCAD's website
http://www.uscanadian.net/index.asp
Entry: 04/10/2004
All of us here at UCAD have been very busy within the last few weeks closing out the Company's old business and focusing on moving forward quickly with the new projects the Company has undertaken pursuant to the new business direction.
Well, we had a few delays, but the Company has just finally been able to file the Annual Report on Form 10K with the SEC. The change in business plan made the audit more complicated, but after some struggle we persevered. The numbers reflect last year's business, so the numbers reflecting our new business focus won't be out until our first quarter 10K is filed within the next few weeks.
Since the filing of the 10K, our management has been in meetings planning the future of the company. The internal workings of the company is being reorganized and streamlined at the same time that we expand our operations. This should make future reporting easier and more timely so we can keep our shareholders as up to date as possible.
We are planning a number of management visits to the sites of the projects that we have acquired within the last quarter. We expect that this more “hands-on” approach will help speed the startup of operations at some of these sites. Given the international approach of the Company recently, we are making sure all the passports are current as we will be piling up the frequent flyer miles.
The first weekend of April, we all enjoyed getting together at the Las Vegas “Strip” for the NHRA Drag Races. We got to watch Jeff Arend race for the first time in four years in the Top Fuel Nitro Funny Car, which had our company name and stock symbol on it.
We hope you are getting more sleep than we are and please check in for the next journal entry in mid-May.
----------------------------------
a next journal entry in mid may? could that be around the same time CMKX releases something before the races? UCAD will be at the race with casavant and im wondering what could happen.
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CashCow
------------------
CashCow
courtesy of investorshub.com
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CashCow
PLEASE NOTE RESPONCE #2
It plagues many shareholders that Urban Casavant wants to sponsor car races and funny cars instead of getting the stock price up. Regardless of whatever plan he has with the retirement of shares, drilling, diamonds, this is very frustrating for shareholders.
I think Urban would not have sponsored these trying to promote a .0001 stock, he would just be laughed at.
Can you give us some insight?
Thanks
Logged
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Posts: 81
Re: Melvin, Important CMKX Question
« Reply #1 on: Today at 10:18:50 »
--------------------------------------------------------------------------------
Mr.Casavant is working on two fronts when it comes to this company. [1] he is promoting it though the car and other means. [2] he is working on bringing a share struture out that we all can be happy with.
I think we should all just relax.
I can't tell you how many shares I would have then as my calculator errors out, lol
I believe this stock will hit .01-.05 if the PR is perfect.
quote:
Originally posted by emunahstock:
I own 70Million Shares. I just set aside 15Grand to buy more when the PR news they have diamonds and the o/s (which could be smaller then we think).I can't tell you how many shares I would have then as my calculator errors out, lol
I believe this stock will hit .01-.05 if the PR is perfect.
Hopefully the PR is perfect. .05 would set everything right. Won't get greedy though. .01 would be nice also.
quote:
Originally posted by emunahstock:
I own 70Million Shares. I just set aside 15Grand to buy more when the PR news they have diamonds and the o/s (which could be smaller then we think).
Emunahstock,
If they ever release their o/s number, what do you suppose it will be?
quote:
Originally posted by Upside:
Emunahstock,
If they ever release their o/s number, what do you suppose it will be?
7788320200387747278289288837374746566453 5244436648595993820298374775664837272636 6455344266467487589699347237384895958585
89
quote:
7788320200387747278289288837374746566453 5244436648595993820298374775664837272636 6455344266467487589699347237384895958585
89
I actually did LOL when I saw that! Now that's funny!
[This message has been edited by DiQuiRiesco (edited May 04, 2004).]
can likely share what number that is.But it's nothing more than a system glitch.
Hold firm. Bo
quote:
Originally posted by highwaychild:
Upside and DQR, since you know everything, what was the cause of the .02+ peak in Dec. 2002?
I don't know everything janie, but I do know that in 2002 they were a reporting company with alot fewer shares outstanding.
quote:
Originally posted by highwaychild:
I don't know what the F "janie" is, some french crap or what,I don't know BOB don't really care why it went.Just wanted to prove a point.Why do think the O/S wont change,History has a tendency to repeat itself.
Sorry confused your nic with someone elses. Should've known. Child, Bob is the owner of the site on which you are now posting, he has been at this game many moons longer than both you and I. Ask him if he would invest in this stock.
quote:
Upside and DQR, since you know everything, what was the cause of the .02+ peak in Dec. 2002?
I've never claimed to know everything either and I wasn't following this stock in 2002 but like DiQuiRiesco said, at that time they were a reporting company and they only had about 352,000,000 shares outstanding. Also at that time they were known as Cyber Mark International in the entertainment industry (games & toys) so perhaps there was a rumor floating around at the time? Who knows, could have been anything.
quote:
Originally posted by DiQuiRiesco:
7788320200387747278289288837374746566453 5244436648595993820298374775664837272636 6455344266467487589699347237384895958585
89
quote:
Originally posted by Love the Market:
Didn't you forget a few 0000's? LOL ;-)
lol, yeah just a few
quote:
originally posted by highwaychild:
All I know if QueerBID can jump then so can this.Granted I have alot to learn,but if there is a market in craming gayism down peoples throat then I know diamonds are forever.There are far many more wives that like there rocks than those just trying to get theirs off.
QBID jumped because of hype and rumors that started on this and many other boards and it took off like wildfire. Until then it was a little discussed stock. CMKI/CMKM/CMKX/ has been discussed, both positively and negatively, for over a year now. As I said before, in my opinion, it can no longer come out of the blue like QBID did. Everyone knows about them and what they do, or do not do as some of us believe. This stock will only move when they actually do something that starts to generate revenues. Drilling on land that others have abandoned (and it's questionable if they even did that much) and dumping billions of shares onto the market do not generate revenues. Granted, if they come out with a p/r that says "we have found diamonds" it might take a very quick jump to .0002 or even .0003 but to think this will ever hit .01 to .05 is ridiculous. It's just not gonna happen. Watch for that p/r and get out as soon as
you can!
quote:
CMKX-treme is on T.V. QueerBID is not.I would say it's better to be seen and heard LOUD(NHRA),than not at all.
I'd have to disagree. Mr. Casavant himself stated that the main reason for the funny car is to attract more investors. In other words, "We need to dump another 100 billion shares on the market so lets get our name out there and attract some newbies that we can bilk". Apparently it worked.
quote:
you just go around speeking for eveybody?
No I don't go around spEAking for everybody. Just going by history and what appears to be the truth, in my opinion of course.
quote:
Originally posted by highwaychild:
Besides I don't look at this as a lotto, I look at this as a horse race,and this is just one I got in the stable.
Ya I agree, need to shoot her up with some steroids!!!
quote:
Originally posted by highwaychild:
More investors would mean CMKX could rise and grow.It takes money to make money.
more shares means YOURS are worth LESS, why not just write em check????????
http://www.allstocks.com/stockmessageboard/ubb/Forum2/HTML/003451.html
what does it take to start up a pink?
quote:
More investors would mean CMKX could rise and grow.It takes money to make money.
Let's take a look at that. According to people here and on other boards, CMKX's spokesman Melvin disclosed the fact that their a/s is 500 billion. For the sake of argument, let's assume they are a conservative company and have only issued 20% or 100 billion of them. This would have to have happened between late 2002, when they terminated their registration, and today. They would have had to sell those shares at a discount to the MM's and in that time frame their stock has ranged from a high of .02 or so down to todays .0001. Let's be conservative and say their average sell price was .0001. That equals 10 million dollars. What have they spent that money on? A sham drill and a funny car? If this company were real they have had ample funds and time to "rise and grow" as you put it. That money went right into the pockets of Mr. Casavant and the few others involved in this scam. End of story.
[This message has been edited by Upside (edited May 04, 2004).]
quote:
Originally posted by DiQuiRiesco:
I asked a question to all you CMKX/ CMKM/ CMKI longs quite some time ago that has gone unanswered. I would love to see an answer to this question: Name one company who has sponsored a race car with no product to advertise. Can you name one? Can you name one company who has no stated product to sell who sponsors a race car? Just one?
quote:
I asked a question to all you CMKX/ CMKM/ CMKI longs quite some time ago that has gone unanswered. I would love to see an answer to this question: Name one company who has sponsored a race car with no product to advertise. Can you name one? Can you name one company who has no stated product to sell who sponsors a race car? Just one?
How about Quaker Oats? No, wait, they have a product. Ok, how about Valvoline? Nope, they have a product too. Home Depot? No, they've got a bunch of products. Darn! This is harder than I thought! I'll have to get back to you.
hmmmmmmmm
must be somebody else out there with a few million to burn.......
i think we better report this to the proper authorities.....who would that be in canada???????
HMMMMMMMMMM???????
this goes way beyond interstate doesn't it?
[This message has been edited by glassman (edited May 04, 2004).]
quote:
Originally posted by needtoretire:
DQR and Upside,
Just a question! why if you two hate this stock so much do you keep posting about how bad it is for the past several months?
If you don't like it then stay of the board.
who died and and left you in charge????
free country, free BB. crybabies like you don't want us telling the newbies the truth so you can keep ripping them off?????
quote:
DQR and Upside,Just a question! why if you two hate this stock so much do you keep posting about how bad it is for the past several months?
If you don't like it then stay of the board.
I wouldn't presume to speak for DQR but I do it for one reason. This is an open forum to exchange viewpoints, both positive and negative, about the merits or lack thereof of investing in a particular stock. Without people bringing up the potential downside to a security, we would have nothing but a cheerleading session going on. Just trying to do my part to paint a fair and balanced picture.
quote:
oh yeah, we are trying to bash the price down some more so we can get it really cheap...LOL
I like it! Let's keep it up and see if we can knock it down to .00005 or so! LOL!
quote:
Originally posted by glassman:
oh yeah, we are trying to bash the price down some more so we can get it really cheap...LOL
I was not talking to you, but I don't own this stock and never will. I'm just curious why the posting keeps on going for months on how bad this stock is and there is bilions in volume everyday? Just a question, and you don't know me well enough,and I just started trading shorlty ago. These are only questions so COOL OFF!!!
Glass the people losing money on this worthless "company" are nothing more than the bottom of the food chain at this point. The "economy" is just fine. We had an employment boom lately. We had a market reasurance last week. We have survived Grenspan's unending procrastination about talking about thinking about deciding upon speculation about deciding whether or not to talk about thinking about discussing whether intrest rates should or should not be raised. Did he do his job? yeah he kept inflation at bay by stagnating the market at it's breakout point.
Look Glass, you have to look at it like this: If they are in the market, they are the prey. You have to determine who you are. Predeator or prey.
quote:
Originally posted by Upside:
Originally posted by needtoretire:
I wouldn't presume to speak for DQR but I do it for one reason. This is an open forum to exchange viewpoints, both positive and negative, about the merits or lack thereof of investing in a particular stock. Without people bringing up the potential downside to a security, we would have nothing but a cheerleading session going on. Just trying to do my part to paint a fair and balanced picture.
Hey I agree there needs to be an open forum for the pros and cons. I beleive that if you could have posted two three or four times, but you guys have been posting against this stock for along time. Just asking why you spend so much time at it? Only a question!
quote:
Originally posted by glassman:
you asked us a question we are answering, if you spend some time here, you will see that some of us have interest in actually helping new people become better investor's and or traders(like others did for us). we do it for reasons that most of the pumpers of CMKX don't understand and that's fine by me, but if i am driving down the road and i see an accident and there is no (or not enough ) cops/help, i stop and offer assistance--just my nature ......
quote:
Hey I agree there needs to be an open forum for the pros and cons. I beleive that if you could have posted two three or four times, but you guys have been posting against this stock for along time. Just asking why you spend so much time at it? Only a question!
Because there is a far greater number who recommend this stock over and over again. We are trying to present the oppoing viewpoint so all can make an informed decision. Read the whole thread and see who's posts have the most research involved. The people in favor of it are mostly drooling over some p/r that's going to come out soon and send this mess of a stock skyward. We who are negative are supplying facts about this company's history and its owner. As a new investor, I would assume you came here looking for facts. If we only made one or two posts, you might be swayed to buy this heaping pile as all the other posts might make it look very tempting. By responding to the cheerleading, hopefully you and others can make a well informed decision.
[This message has been edited by Upside (edited May 05, 2004).]
i'll post it again...
By Carol S. Remond
A Dow Jones Newswires Column
(This article was originally published Tuesday, 3/16/2004)
NEW YORK (Dow Jones)--We may not know a lot about CMKM Diamonds Inc. (CMKX) but here's one thing you can be certain about: The Company apparently has a mine full of shares outstanding.
Trading data shows that, over the last 21 days, CMKM's daily volume was nothing short of monstrous with billions of shares trading hands every day but three.
And on one day, Feb. 17, an incredible number of shares traded - 3.82 billion. True, the stock traded from a high of $0.0003 and a low of $0.0001.
How big is 3.82 billion? That's more shares traded in this one stock than ALL of the shares traded that day on the New York Stock Exchange, NASDAQ and the American Stock Exchange - combined. Those exchanges that day saw a healthy volume of 3.65 billion shares traded. And that's composite trading, which includes share changing hands on regional exchanges like Philadelphia, Chicago, Boston, etc.
There's also been so much trading in this tiny stock that it accounted for 44%, or 3.36 billion shares, of Knight Trading Group Inc.'s (NITE) average daily share volume in February.
All of which begs the question - who are these CMKM guys?
CMKM shares trade on the Pink Sheets, which means that the company doesn't file any financial information with regulators. So, investors looking for even the most basic information about the company, like the number of shares issued and outstanding, are out of luck.
CMKM has refused to tell Pink Sheets how many of its shares are currently outstanding. 1st Global Stock Transfer, the companys' s transfer agent, also refuses to discuss that information.
Melvin O'Neil, a spokesman for the company's president and large shareholder Urban Casavant, declined to provide any information about the company. "As soon as Mr. Casavant finishes retiring shares, he will put out a press release," O'Neil told Dow Jones Newswires.
O'Neil said he couldn't explain the string of huge daily volume experienced by CMKM. Pressed to provide information about the number of CMKM shares outstanding, O'Neil said "legally we don't have to provide that information."
And guess what? In the unregulated world of Pink Sheets, O'Neil is right.
CMKM, once Casavant Mining Kimberlite International Inc., stopped filing with the Securities and Exchange Commission last July.
A look at Casavant Mining's filings shows that there were 7.24 billion shares outstanding as of Jan. 15, 2003. A Feb. 3, 2003 filing with the SEC shows that Urban Casavant and his family controlled about 770 million shares, or about 10%. Unnamed majority shareholders meanwhile controlled about 7 billion shares, or about 85.6%. The filing doesn't explain why the number of shares owned by Casavant and the majority shareholders add up to more shares than the company says is outstanding.
Timing is a little vague. But it looks like around the same time, Cassavant Mining issued about 560 million in a private placement to raise about $2 million. Then, according to the filing, there were 500 million shares issued to purchase an ancient Chinese jade collection appraised at $50 million. Another filing shows that in May 2003, another 1.06 billion shares were issued to pay two consultants.
Adding all of these shares up, it looks like Casavant Mining had about 9.86 billion shares outstanding when it stopped filing financial information with the SEC.
Add into the mix a two-for-one forward split announced in August 2003 and you got about 19.78 billion shares outstanding at the end of September.
Then comes a number of press releases announcing the retirement of billions of shares. First six billion shares in September and then another 16.52 billion in December. It's unclear whether the six billion retired in September were part of the 16.52 billion retired in December. If so, more shares would have had to have been issued to allow 22.52 billion shares to be retired.
Since the beginning of the year, CMKM has put out six press releases about it’s supposedly burgoning mining business in the Saskatchewa province of Canada. None of these releases included any information about the company's stock other than the new ticker symbol under which it now trades.
Most recently, on Monday, CMKM announced that it began drilling on privately owned land in which it owns the mineral rights.
Company president Casavant clearly brimmed with exitement when he told shareholders in that realease that "We are pleased to have started our drill program two days ahead of schedule. We have secured funding for an aggressive six-month drill program and we are drilling on claims which CMKM Diamonds Inc. owns the mineral rights. Equipment has been mobilized and we are drilling at this moment. We are drilling on targets that have the highest probability of a kimberlite find. We would like to thank our thousands of shareholders for their patience."
Good luck to shareholders drilling for information that most would consider routine. Hopefully, holders don't keep striking a dry well.
[This message has been edited by billy3ci (edited May 05, 2004).]
------------------
CashCow
DQR Quote 
read thoroughly)
about talking about thinking about deciding upon speculation about deciding whether or not to talk about thinking about
Sounds like a ghetto George Bush speech!! Just messin' with ya'!!
------------------
Your only enemy is fear....
United Carina Resources Corp UCA
Shares issued 17,063,102 Apr 30 close $0.23
Tue 4 May 2004 News Release
Also (KPG)
Mr. Rick Walker of United Carina and Consolidated Pine Channel Gold
reports
The first two holes drilled on United Carina Resources' and
Consolidated
Pine Channel Gold's Smeaton, Sask., area property have encountered
significant intersections of kimberlite.
Hole No. 1 entered kimberlite at a depth of 410 feet and continued
in
kimberlite to a depth of 903 feet for a total intersection of 483
feet.
This intersection is one of the thickest to be encountered in the
Fort a la
Corne area to date. Hole No. 2 entered kimberlite at a depth of 394
feet
and stayed in kimberlite to 640 feet for a total thickness of 246
feet.
Preliminary logging of the two holes was conducted in a secure
warehouse
and then split. The samples from the two holes were then transported
to the
Saskatchewan Research Council's diamond laboratory in Saskatoon for
analysis.
After a short break to allow ground conditions to thaw and dry out,
drilling is about to resume on this target, with two or three more
holes to
be drilled. The purpose of these holes is to further define the
geometry of
the kimberlite pipe and to provide further samples to assay for any
diamond
content.
The Smeaton property is currently jointly owned by United Carina and
Pine
Channel, with CMKM Diamonds and U.S. Canadian Minerals each earning
a
25-per-cent interest. The 25-per-cent interests will be earned by
CMKM
Diamond and U.S. Canadian Minerals each providing $50,000 (U.S.) and
each
financing $200,000 (Canadian) worth of exploration on the 27-claim
property. Following the drilling of the current target, further work
will
be conducted on the other areas of the property. Urban Casavant,
president
of CMKM Diamonds, the operator, has informed the companies that the
project
is ahead of schedule and under budget.
The qualified person on this project is Ralph Newson of Saskatoon.
(c) Copyright 2004 Canjex Publishing Ltd. http://www.stockwatch.com
Click here for company snapshot: http://newstockwatchcom/swnet/utilit/ut...esultaspx?
action=go®ion =C&symbol=UCA
Click here for recent SEDAR documents: http://newstockwatchcom/swnet/newsit/ne...sult1aspx?
searchtype=C& pagesize=200&symbol=UCA
hope this helps clarify! 
[This message has been edited by pharmdman (edited May 05, 2004).]
[This message has been edited by TradingWizard (edited May 05, 2004).]
In for acouple of million shares.
Most likely going to loose the money, but like I said, what the heck !
quote:
Originally posted by pharmdman:
I don't know why everyone has their panties in a knot over this one... let me sum it up, pure and simple.... you have a better chance of surviving getting struck by lightning, while flying a metal kite, while pissing on an electric fence, while castrating a pitbull, while sucking on cyanide, while blowdrying your hair in the shower!... having said that, I still threw some cash on this sucker just in case it's my turn to hit the lottery...hope this helps clarify!
[This message has been edited by pharmdman (edited May 05, 2004).]
Consolidated Pine Channel Gold Corp. KPG
First Two Holes Drilled on Smeaton Property
5/5/04
United Carina Resources Corp. and Consolidated Pine Channel Gold Corp. are pleased to announce that the first two holes drilled on their Smeaton, Saskatchewan area property have encountered significant intersections of Kimberlite.
Hole number one entered Kimberlite at a depth of 410 feet and continued in Kimberlite
to a depth of 903 feet for a total intersection of 483 feet. This intersection is one of the thickest to be encountered in the Fort la Corne area to date. Hole number two entered Kimberlite at a depth of 394 feet and stayed in Kimberlite to 640 feet for a total thickness of 246 feet.
Preliminary logging of the two holes was conducted in a secure warehouse and then split. The samples from the two holes were then transported to the Saskatchewan Research Council's diamond laboratory in Saskatoon for analysis.
After a short break to allow ground conditions to thaw and dry out, drilling is about to resume on this target, with two or three more holes to be drilled. The purpose of these holes is to further define the geometry of the Kimberlite pipe and to provide further samples to assay for any diamond content.
The Smeaton property is currently jointly owned by United Carina and Pine Channel, with CMKM Diamonds Inc. (CMKX - Pink Sheets) and U.S. Canadian Minerals Inc. (UCAD - OTC Bulletin Board) each earning a 25% interest. The 25% interests will be earned by CMKM Diamond Inc. and U.S. Canadian Minerals Inc. each providing US$50,000 and each funding Cdn$200,000 worth of exploration on the 27 claim property. Following the drilling of the current target, further work will be conducted on the other areas of the property. Mr. Urban Casavant, President of CMKM Diamonds Inc., the Operator, has informed the Companies that the project is ahead of schedule and under budget.
The Qualified Person on this project is Mr. Ralph Newson of Saskatoon, Saskatchewan.
CONTACT: TEL: (306) 664-3828 Consolidated Pine Channel Gold Corp.
May God Bless All.
quote:
Originally posted by 3292:
Did cmkx just go to .0002 for a few seconds?
a few thousand more of those blips and maybe my sell order will go thru! LOL 
quote:
Originally posted by Tgrant:
you know, I tried to put few bux in this stock yesterday just for fun, and scottrade wouldnt let me. they have sell orders only on this stock, if this thing does end up moving, im going to be a bit bothered
Open an account with another broker.. lowtrades has no minimum balance to open an account.. I know, I sent them $50 to open it
.0002 a couple of times...
quote:
Originally posted by Tgrant:
you know, I tried to put few bux in this stock yesterday just for fun, and scottrade wouldnt let me. they have sell orders only on this stock, if this thing does end up moving, im going to be a bit bothered
There is a way to but pinks on Scottrade electronically, but I don't know how to do it... the instructions were on one of the older QBID threads... it has something to do with putting in an electronic buy at a ridiculously higher offer so that the system accepts it, but it will execute at the current ask....
If it makes a 0.0001 upward tick in the next few days i'm quiting my part time job at Home Depot
quote:
Originally posted by TradingWizard:
No offence to QBID, but looks like CMKX is beating QBID in volume
who cares who's beating who. I just know I bought my shares when they were at 0.0001
quote:
Originally posted by TradingWizard:
No offence to QBID, but looks like CMKX is beating QBID in volume
CMKX ALWAYS beats QBID in volume!
------------------
~,-,-< GatorMan
[This message has been edited by GatorMan (edited May 05, 2004).]
quote:
Originally posted by Nostradamus:
Even without news today, this stock finally seems like it's percolating ... wonder what next few weeks will be like
they will sell another billion shares to inexperienced investors who don't know any better.......
at least you can sell your QBID share back to the MM's.....
[This message has been edited by glassman (edited May 05, 2004).]
THIS IS CMKX'S PROJECT. THEY WILL RELEASE THEIR OWN PR SOON MELVIN SAID.
70% OF KIMBERLINES IN FORT A LA CORNE HAVE DIAMONDS
NOW THEY FOUND THE THICKEST ONE, THICKER THEN THE BIG BOYS ONE.
ENOUGH SAID.
I LOVE THE RUSH ON THIS ONE! MAN IT FEELS GOOD. HAHA!
quote:
Originally posted by joeyisthebest:
Hi Vado hows it going I am doing good because my shares of CMKX were up 100% today and that balanced my portfolio to the green side quite nicely. I would also like to add this get off this board because us CMKX followers don't need to hear you B/S and you know the lowest a stock can trade is .0001 so get your bias opion out of here because you missed the boat. CYA
Well said, I agree
Thanks and have a nice night.
Kev
quote:
Originally posted by highwaychild:
Sorry, probably another QueerBID lover I ticked off yesterday.Pretty sure he knew what he was doin'.
Ya that stock is Gay...
quote:
Originally posted by joeyisthebest:
Hi Vado hows it going I am doing good because my shares of CMKX were up 100% today and that balanced my portfolio to the green side quite nicely. I would also like to add this get off this board because us CMKX followers don't need to hear you B/S and you know the lowest a stock can trade is .0001 so get your bias opion out of here because you missed the boat. CYA
i bet they will sell him all the shares he wants at .0001 Joey is dabest( at what i can't imagine) LOL
quote:
Originally posted by FurrySound:
Upside: I have a standing sell for some at 0.0002 .. the price did reach .0002 but that was at the ASK price, ie: the price you can buy it at... the BID price, ie: the price you can sell it at or the price they will allow you to sell it at was below 0.0002.. One reason your order did not execute, the other being, even when the BID does hit 0.0002, there are soo many people with sells already setup, that it may take a while to execute.
Well, in theory thats how it's supposed to work but it's rarely the case with pinks and with this stock in particular. I know many have claimed to have sold at .0001 when the bid is .0001 but many more have claimed it's not possible, myself included. I can tell you that a market sell at .0001 bid will fill in the .00005 range. Also the sell orders are supposed to be lined up by sell price then by day entered. Mine's been there for almost 4 months now. I would think I've got to be fairly close to the front runner by now!
just an idea
I do not think I am back for any length of time, just dropping by for a while today.
Upside,
I also have a standing sell that has not been executed. Though last time it took the price moving to .0003 for my .0002 order to fill. I expect the same this time. I have some set to sell and some FREE shares to hold.
Whoever put the wide post in this thread,
Perhaps you could edit the post and use some sort of scientific notation, power of 10, HEX or some other fancy way of expressing the number without everyone having to scroll side to side.
I wonder if this will be the big run for CMKX?
I hope everyone is well.
PAUL
quote:
Originally posted by Upside:
Well, in theory thats how it's supposed to work but it's rarely the case with pinks and with this stock in particular. I know many have claimed to have sold at .0001 when the bid is .0001 but many more have claimed it's not possible, myself included. I can tell you that a market sell at .0001 bid will fill in the .00005 range. Also the sell orders are supposed to be lined up by sell price then by day entered. Mine's been there for almost 4 months now. I would think I've got to be fairly close to the front runner by now!
------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.
[This message has been edited by PAUL (edited May 06, 2004).]
quote:
Originally posted by pharmdman:
a few thousand more of those blips and maybe my sell order will go thru! LOL
OUR LUCK--THE SELL FOR .0002 WILL GO THRU AND IT WILL GO TO .01. LOL
------------------
DIANA
quote:
Originally posted by vado:
How many times did they come out with PR's .
did it change the .0001 factor ........NOOOOOOOOOOOOO.....it will be back down to .0001 or .0000000000000000001 or ....
Hey vado,
can you edit your post so that we don't have to scroll? thanks.
quote:
Originally posted by realityinc21:
OUR LUCK--THE SELL FOR .0002 WILL GO THRU AND IT WILL GO TO .01. LOL
That would be my kind of luck lately!
quote:
Originally posted by FasttrackerMo:
I am trying to find out how to purchase this stock.
Scottrade will not let me do so.
Any help would be very much appreciated!
Scotttrade will not let you do it because they don't want it in their accounts.....
they maintain a value in their portfolios by adding up the value of the shares held in their accounts.....
when you buy this one they consider the money gone..........
maybe they are doing you a favor....
quote:
Originally posted by waynetrades:
I've had a sell order in for 2 days now at .0002 and no go.... If you buy this stock you will not be able to sell it unless there is some miracle turn of events. Probably no time soon either.
Maybe someone is setting up the next buy/sell price.....just a though
[This message has been edited by FurrySound (edited May 06, 2004).]
http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=19985103
CMKX...soon $16.50 ??? This dude thinks it very well could:
quote:
Originally posted by joesturbo:
Has anyone seen this?http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=19985103
CMKX...soon $16.50 ??? This dude thinks it very well could:
LOL... boy don't i wish?! the second thing I'd do is sell !!
Bookmark this.
Refer others to this
Credit to Chrysler300C.
__________________________________________
"it’s finally all going to come together.”- Casavant
Thought I’d share the notes I made on CKMX so far with you. This is based on my research and all the sources are publicly available. Based on my research, I personally believe Urban Casavant is onto something grand despite the secrecy typical of the industry. This revised post contains links to the 'Casavant Brand', key CMKM personell, a MAP, a DD search engine link(!!), and updated PRs. - Chrysler300C, 05/06/2004
The product market is established,
the demand is proven globally,
the timing is impeccable,
media frenzy/interest is guaranteed
diamond hype is always contagious,
and the symbol is CMKX.
MAP of Fort a La Corne: http://casavantmining.com/images/17x11_Oct03.pdf
“The odds of making an economically viable diamond discovery in Canada are well above the average for the rest of the world …only 0.7 percent of the 6,395 kimberlites found across the globe are worth mining -- odds of 1 out of 133 for striking it lucky compared to 1 out of 32 inside Canada.”
"From 1998 to 2002, companies have mined about 13.8 million carats of these precious stones of pure carbon, collectively worth $2.8 billion," ...
"This is roughly equivalent to a 1.5-kilogram bag of ice each day for five years, with each bag worth $1.5 million."
“On the basis that 60,000 tones could be processed every day this means that the Fort a la Corne partners could be looking at a gross profit of around C$2 million a day. Now even De Beers has to take such a figure seriously…”(Kensington/De Beers/Cameco)
(Sources, CONTEXT, & dates for these quotes are in the body of the report)
CMKX : OFF TO THE RACES! http://www.dragracecanada.com/hotzone/news/2004/April/05.asp
De Beers to raise rough diamond prices 5%- March 18, 2004 http://www.globes.co.il/serveen/globes/docview.asp?did=781574&fid=942
Diamond products face price hikes: Source: China Daily http://english.peopledaily.com.cn/200403/01/eng20040301_136200.shtml
***Who is CMKM? http://www.casavantmining.com
Casavant Mining is a mining and exploration company with mineral claims in Fort a la Corne which is known for its diamondiferous kimberlites being some of the largest in the world. The Company currently has approximately 609,361 acres of mineral claims with options for approximately 1.9 million acres total in Fort a la Corne which lie most contiguously with known diamondiferous kimberlites owned by other operators in the region. Within the past several months, senior project geologist, Dr. Mark Hutchison has spent time in the field delineating targets and has identified 30 targets using certain criteria known for locating kimberlite bodies from regional aeromagnetic data and from low level, high resolution data collected by private enterprise.
****THE PLAN:
“We plan on mining diamonds from our own deposits and buying conflict free diamonds at wholesale. We will merchandise these diamonds under the "Casavant" brand name. Both retailers and consumers can place their trust that a "Casavant" diamond is conflict free; mined in an ethical and environmentally friendly manner; and represent the highest in quality and value. We plan on becoming involved in the entire sales chain in diamond merchandising with the view of becoming the largest wholesaler of Canadian diamonds not just a mining company. This provides our shareholders with a more balanced investment opportunity and gives us income stream while we are developing our Saskatchewan diamondiferous kimberlite claims." – Chairman Urban Casavant http://www.findarticles.com/cf_sccfrm/m0EIN/2002_Dec_9/95086487/p1/article.jhtml
4 months later: April 21, 2003
->Exploration Project at Fort a la Corne established:
…Dr. Mark Hutchison, Casavant Mining's senior project geologist, recently spent two weeks in the field delineating targets
… identifying kimberlite targets on CMKM's mineral claims at Fort a la Corne,
…priority has been given to a core block … of CMKM's mineral claims which lie most contiguously with known diamondiferous kimberlites owned by other operators in the Fort a la Corne region.
….some 30 targets have been identified by Hutchison from regional aeromagnetic data provided by the Canadian Geological Survey
….Amongst these targets, five locations have been identified as being of highest priority and will receive first attention initially from ground magnetic survey crews.
…management also plans to continue to expand targets by use of airborne electromagnetic surveying under the supervision of project geophysicist Dr. Jovan Silic
…final geochemical analysis being undertaken in one of a number of internationally recognized laboratories under Hutchison's supervision. http://www.findarticles.com/cf_sccfrm/m0EIN/2003_April_21/100402143/p1/article.jhtml?term=
CMKX Senior Project Geologist:
Mark Hutchison, Ph.D., graduated from the University of Edinburgh with a Bachelor of Science honors in geology in 1993. For the past 10 years Hutchison has been working on diamond research and has in-depth knowledge of diamonds from a number of worldwide localities, having completed his Ph.D. on the subject in 1997. Doctorate in mantle geochemistry and diamond geology from the University of Edinburgh in 1998. Credited and widely published for the discovery of two new minerals in scientific literature. Worked as a research associate for two years (1998-2000) at the University of Arizona's lunar and planetary laboratory with support from the U.S. National Science Foundation and NASA. Hutchison has been an invited lecturer on deep mantle diamonds at several institutions, has served as a chair for the American Geophysical Union and holds a position of honorary associate of the University of Sydney. Through his research he has developed models for prospecting for diamonds in non-classical settings particularly useful to Brazil, Australia and Canada. Hutchison has worked closely with Casavant Mining as a consultant since inception and is a candidate for the board.
LAS VEGAS--(BUSINESS WIRE)--Feb. 25, 2003
Dr. Mark Hutchinson, Consulting Geologist for Casavant Mining Kimberlite International (OTCBB:CMKM) was interviewed on 21 February, 2003 by Tom Allinder of ************.com.
During the interview, Dr. Hutchinson answered a variety of questions regarding CMKM's mining properties in the Fort a la Corne region in Saskatchewan, Canada. Topics include CMKM's strategy for exploration of their 1.9 million acres of property which surrounds De Beers/ Kensington and Shore Gold's possible valuation, as well as timetable for exploration and a background of the Fort a la Corne region. The interview may be accessed at http://www.************.com. http://www.findarticles.com/cf_sccfrm/m0EIN/2003_Feb_25/98036193/p1/article.jhtml
*****Why Fort a la Corne, Saskatchewan, Canada?
“Canada is a world diamond power, threatening the De Beers Cartel.” Kevin Krajick, author of Barren Lands.
“The Fort a la Corne area could well be the most important diamond discovery of the century.” – Chairman Urban Casavant. http://www.webfin.com/fr/forums/discussion.html?forum=metaux&file=5442.html
Mining companies -De Beers/Kensington/Cameco, Shore Gold, Diamonds North [DDN], Ashton[ACA], Global Prospecting Ventures [GPVI], United Carina Resources Corp, FOREST GATE RESOURCES INC to name a few are registering their presence in the FALC region.
Why?
Saskatchewan Economic News 2004, Page 5:
Saskatoon: A gem-quality diamond was found in January in a core sample of Kimberlite from the 2003 drill program at Fort a la Corne. The 0.77 stone carat stone was weighed and measured by the Saskatchewan Research Council in Saskatoon. http://www.ir.gov.sk.ca/adx/asp/adxGetMedia.asp?DocID=3369,3088,3087,2936,Documents&MediaID=6236...
1)
The Province of Saskatchewan has a unique geological environment for the occurrence of diamondiferous kimberlites. Protected by thick sedimentary layers left by an inland sea, Saskatchewan kimberlites bodies have escaped erosion. Unlike most kimberlites in South Africa and the Northwest Territories, Fort à la Corne kimberlites are almost intact with much of the kimberlite volcano still remaining. As a result, the Fort à la Corne kimberlite field contains the largest concentration of diamondiferous kimberlite in the world. The total mass for the field was estimated from modeled geophysical data and drilling intersections to 9 billion tonnes with a 30-metre thickness cutoff at the edges.
(Kensington/De Beers/Cameco)
Currently, land holdings held under the Fort à la Corne joint venture agreement comprise 121 claims totalling 22,544 hectares or approximately 57,000 acres. Of the 63 kimberlite bodies on this property, the joint venture currently is focusing on kimberlite body 141/140. Kimberlite body 141 and 140, both previously thought to be two separate bodies, are now understood to form a single, large kimberlite body estimated at over 500 million tonnes -- making it the largest macro diamond bearing kimberlite in the world. http://www.kensington-resources.com/s/Property.asp
Saskatchewan Government states:
• We're the third-largest, non-fuel, mineral-producing province in Canada
• Total mineral sales in 2002 were $2.4 billion - about 8% of the provincial GDP
• The industry creates some 6,000 direct and 12,000 indirect jobs
• Our mining productivity is ranked among the highest in Canada
• The industry boasts significant external investment and private-sector leadership
• Our mines feature leading-edge, made-in-Saskatchewan technology, such as:
o Continuous mining equipment used in the potash industry
o Remote-controlled underground mining equipment at the McArthur River uranium mine
o State-of-the art tailings management facilities
• Some of Canada's highest-grade ore reserves
• Lower-cost mining operations
• State-of-the-art mining technology
• A well-trained, reliable, productive workforce
• Central location with excellent transportation services to North American and offshore markets http://www.ir.gov.sk.ca/Default.aspx?DN=3348,3330,3328,2936,Documents
1b) Fort a la Corne pipes are virtually unprecedented in terms of their huge mass.
This means that while it involves exhaustive work in determining where concentration of diamonds are, it offers relatively LOW cost diamond mining.
See: http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=18909337
1c) Canada is now world’s third largest diamond producer by value, ahead of South Africa.
“Since its first major discovery of diamonds in 1991 and the subsequent start up of two mines, Canada has sprinted up the world diamond production rankings to now reach third spot, measured by the value of the stones it produces.
Canada is attracting almost half of all the worldwide exploration dollars spent on searching for diamonds, or about $125 million a year.”
TORONTO STAR:
“Canada climbs to third in world diamond output” http://www.thestar.ca/NASApp/cs/ContentServer?pagename=thestar/Layout/Article_Type1&c=Article&am...
Forbes: Diamond Hunt Dice Seen Loaded in Favor of Canada http://www.forbes.com/home_europe/newswire/2004/01/29/rtr1234489.html
DE BEERS Fort à la Corne Factsheet http://www.debeerscanada.com/files_2/fort_a_la_corne/factsheet.html
(2)
Kimberlites were first discovered in Saskatchewan in 1988 at Sturgeon Lake, which is located approximately 50 km northwest of Prince Albert. This discovery which subsequently was determined to represent glacially rafted kimberlite material rather than an in situ pipe, resulted in a considerable amount of exploration activity by both junior and senior companies, particularly in this part of central Saskatchewan. On the basis of airborne magnetic and ground geophysical surveys large tracts of land were staked with the focus being the Fort a la Corne area, which is located some 80 km to the east of Sturgeon Lake.
During the next several years, drilling programs confirmed the existence of over 70 diamondiferous kimberlite bodies in spatially distinct clusters, with the main group located approximately 60 km east of Prince Albert. Referred to as the "Fort a la Corne kimberlite field", it extends for some 32 km in a narrow northwest trending corridor. Distinct smaller clusters of kimberlite have also been discovered both proximal to and at some distance from the main trend. The Candle Lake kimberlites for example occur up to 80 km north of the main kimberlite field. These outlying discoveries are indicative of the benefits of ongoing exploration and of the upside potential for the discovery of additional kimberlites.
The kimberlites in the Fort a la Corne area are unique, in that they largely consist of distinct layers of pyroclastic crater-facies rocks. Kimberlite volcanoes erupted periodically during Cretaceous time (98 to 112 Ma) into sands and mudstones that were deposited near the north-eastern margin of the broad Western Canada Sedimentary Basin. Geophysical modeling of the kimberlite bodies indicates a wide variation in their size. Individual kimberlites are estimated to range from 2.7 to 184 hectares, with tonnages ranging from 3 to 675 million tonnes. Diamond recoveries and grades are to date highly variable.
Reference: [http://www.pinechannel.com/s/Properties.asp?PropertyInfoId=632&View=1]
More on CMKM?
See:
Sept. 3, 2003--Casavant Mining Kimberlite International (OTCBB: CMKM) is pleased to announce the purchase of 25 mineral claims from North Sask Ventures Limited (a private company), approximately 10,912 acres in the Fort a la Corne area. After airborne magnetic surveys were conducted in the Fort a la Corne area, most of these claims were staked by previous claim holders, due to anomalies that were acquired from data taken from the airborne magnetic surveys. Two of the 25 claims are adjacent to known diamond-bearing property operated by Kensington (KRT), Cameco, and DeBeers Joint Venture in Fort a la Corne. Claim #S-135017 is south of kimberlite body #152 and claim #S-15016 is north of kimberlite body #168 both which are operated by the joint venture. Claim #S-135018 is adjacent and north of Shore Gold's (SGF) Birch Lake kimberlite. The remaining mineral claims are strategically located and are currently surrounded by numerous other claims held by CMKI and other claim holders in the area.
Reference: http://www.businesswire.com/cgi-bin/cb_headline.cgi?&story_file=bw.090303/232465311
Brilliant strategy and vision of The Casavant Manoeuvre:
With local knowledge and months of research of geological/government reports of the Fort a la Corne area located in central Saskatchewan, Canada, Urban set forth to stake mineral claims in the hundreds of thousands of acres, most contiguously and adjacent to known diamondiferous kimberlite bodies owned and operated by other mining companies, prior to forming CMKM Diamonds (formerly: Casavant Mining Kimberlite International).
CMKM management believes the company’s future is bright as diamonds. The Company now has over 1,000,000 (one million) acres claimed in Saskatchewan which include Fort a la Corne claims, Green Lake claims and zinc claims that include the original George Lake Deposit (also known as Brakewell Lake) with options for hundreds of thousands more acres. CMKM Diamonds, Inc., recently initiated a drill program, with confirmed results of one of the thickest kimberlite bodies found to date in the Fort a la Corne area. With ongoing drilling on additional targets scheduled for diamond core drilling in the next few months, CMKM has purchased additional equipment and employed labor forces to allow year round drilling. As aerial and ground surveys determine the probability of targets, the company is prepared to purchase yet even more equipment and labor to meet the demand of harvest. http://www.racingwest.com/news/story.php3/8679/index.htm
Now, CMKX holds claims covering 1,900,000 acres of this rapidly appreciating location.
MAP of Fort a La Corne: http://casavantmining.com/images/17x11_Oct03.pdf
****WHAT IS CMKM WORTH RIGHT NOW?
The Fort a la Corne area could very well be the most important diamond discovery of the century. CMKI has strategically planned more staked acreage than any of its surrounding competitors."
See: http://www.webfin.com/fr/forums/discussion.html?forum=metaux&file=5442.html
Notice the following:
1) De Beers/Kensington’s 141/140 kimberlite - referred to as the largest macro diamond bearing kimberlite anywhere in the world- is estimated to produce if mined, approx $500 million dollars a year, 800-1000 jobs for the local economy.[ http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=18909337] and is valued at $40-$80 Billion dollars. CMKM has claims alongside that rich location. This makes CMKM very valuable as an operation with huge statistical potential for astronomical profits. DeBeers et al. have 121 claims on their 57,000 acres. Shore Gold has claims on some 27,734 hectares. CMKM has claims on 1,900,000 acres. This is 33x larger than the De Beers area. Whatever success De Beers or Shore has in FALC, it will only increase the value of CMKM’s assets especially the strategically chosen claims around these other companies. Remember, it is almost certain De Beers/Kensington/Cameco will begin mining 140/141 shortly. http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=18909337
2) Companies in the region have reported various amounts of financing from big-money investors. This suggests that big-money sees the potential here, it makes business sense to them, and they are willing to invest their dollars in Saskatchewan.
E.g.: http://www.kensington-resources.com/s/NewsArchives.asp
Saskatchewan Economic News: http://www.ir.gov.sk.ca/adx/asp/adxGetMedia.asp?DocID=3369,3088,3087,2936,Documents&MediaID=4685...
3) Various high-calibre experts have recommended stock of companies exploring in the FALC area as excellent investments. I urge you to do your research on this: you’ll be very surprised.
“By early 2004 the Saskatchewan diamond play could be a horse race to develop the world's largest diamond mine.” June 2003 http://www.kaiserbottomfish.com/s/Trackers.asp?printVersion=now&_Title=Tracker-2003-17-2002-FALC...
4) A company having claims on diamond-containing kimberlite bodies can a) prospect them for best diamond concentrations for subsequent mining b) make lucrative deals granting others permission to develop them or c) make deals involving sales of claims to other companies. How about all of the above?
5) Logistically, Fort a La Corne is a miner’s dream location. Urban Casavant’s timing could not have been better. Without taking into account the ensuing media frenzy, it would only take ONE full scale mining operation to begin on the Fort a la Corne territory to exponentially increase the market value of CMKM’s shares, amplify their deal-brokering power, and generally put the market value of the company in the multi-billion dollar territory. And it does not matter which company starts mining first! If the house next door is suddenly valued at $40 billion dollars and you own 33 houses on the street…? Wherever there are mine-able concentrations of diamonds on that property, Dr. Mark Hutchison is sure to find them.
In a world of monopolies, mergers and acquisitions, the economic value and leverage of CMKM’s 1.9 Million acres of claims cannot be over-overemphasized. See: http://www.kensington-resources.com/i/pdf/NorthernMiner_2003-06-23.pdf
See: 2001 article:
FORT A LA CORNE DIAMOND MINE IN SASKATCHEWAN COULD BE PLANNING FAST TRACK PRODUCTION.
“De Beers has decided that it has to focus on Canada”
“On the basis that 60,000 tones could be processed every day this means that the Fort a la Corne partners could be looking at a gross profit of around C$2 million a day. Now even De Beers has to take such a figure seriously…” http://www.minesite.com/archives/news_archive/2001/April-2001/kensington16.htm
Companies in the area are still reporting compelling finds with statements to the effect that over 75% of pipes in the area are diamond-bearing and news media are still anxious to report it: http://tacyltd.com/Research_Materials_Full.asp?id=53478
6) The unique geography (and hence enormous potential) and reported & un-reported diamond findings in Canada’s northern territories will keep big-money interested in this area for many many many years to come. This interest will not go away. There is incredible share price appreciation ahead for any company controlling a Canadian diamond mine, and many companies are struggling to do just that. And one company has incredible Microsoft-like control over this landscape of Fort a la Corne: CMKM Diamonds.
****CONCLUSION:
Every investment has a risk. Not investing also carries a risk. CMKX’s true power lies in LEVERAGE. While we may never have the opportunity to buy into another MSFT, we can buy into CMKX.
There is very real potential CMKX or another company could find something on the FALC that would send CMKX stock to .50 cents in a matter of days anytime soon as demand far exceeds supply. In fact, the articles you have read indicate some companies may have already struck gold.
The product market is established,
the demand is proven globally,
the timing is impeccable,
diamond hype is always contagious,
and media frenzy/interest is guaranteed.
Consider: just how many penny stocks have this kind of possibility associated with them? The company is becoming more and more popular so we just need the **product**, and if LOCATION is anything, CMKX is in very prime location indeed... The alignment of so many positive factors takes this company to a whole new level of play.
The math and the Risk/Reward ratio are blatantly in favour of a BUY and HOLD strategy. IMO-> Target price: $10.00+ within 2 years counting from the date CMKX (or anyone else) announces full scale mining has begun in the area, and assuming a O/S of 10 billion shares and only one mine at the start.
IT’S TIME TO SHARE THIS INFO WITH EVERYONE YOU KNOW!!
***CMKM NEWS:
The company also has interests in property near Green Lake, 180 kilometres northwest of Prince Albert. Casavant Mining will use an outside contractor for drilling in that area so its own rig can stay in the Fort à la Corne region.
Casavant said he’s happy to be at this stage.
“I’ve been at this prospecting and claiming land for about 15 years now,” said the self-taught prospector. “So I’ve been chasing this for a long time, and it’s finally all going to come together.”
Prince Albert Daily Herald http://www.juniorstocks.com/radthreads/thread.php?id=24
All the CMKX news below: http://tools.thestreet.com/tsc/quotes.html?pg=qcn&symb=cmkx&x=7&y=4
P/s: I do hold 10 million shares and I would buy more if only I could. I will be long for at least 3yrs.
Chrsyler300C
All Fort a La Corne News: http://www.findarticles.com/cf_sccfrm/PI/search.jhtml?magR=all+magazines&key=fort+a+la+corne
Intersection of Kimberlitic Rock Announced by U.S. Canadian Minerals, Inc. - BusinessWire
6:00am 04/06/2004
U.S. Canadian Minerals Inc. Announces Intersection of Kimberlitic Rock - BusinessWire
4:30pm 04/05/2004
CMKM Diamonds Inc. Announces 'Carolyn Pipe' at 900+ Feet and Still in Kimberlite - BusinessWire
3:34pm 03/30/2004
CMKM Diamonds Inc. Announces 'Carolyn Pipe' Update - BusinessWire
2:27pm 03/29/2004
CMKM Diamonds Inc. Announces 'Carolyn Pipe' Update - BusinessWire
2:20pm 03/29/2004
U.S. Canadian Minerals Announces Option - BusinessWire
11:48am 03/29/2004
U.S. Canadian Minerals Announces Option - BusinessWire
11:40am 03/29/2004
"Without everyone involved from our shareholders to United Carina, Consolidated Pine Channel, U.S. Canadian Minerals, Mr. Ralph Newson, Dennis Miller and the drill crew (which have the combined experience of over 100 years and have been working around the clock) and all the others who made this happen, it would have been nearly impossible to achieve such a great accomplishment, such as this. We are looking forward to a long and lasting relationship, to continue our progress forward, and are aggressively pursuing additional drill permits for the next 14 priority drill targets already planned within the upcoming weeks for just the Smeaton area. Thank you for your patience and support." -Urban Casavant, President
CMKM Diamonds, Inc. Announces Kimberlite Ore Discovery http://www.pinksheets.com/quote/news.jsp?url=fis_story.asp%3Ftextpath%3DCOMTEX%5Cbw%5C2004%5C03%5C29...
10:09am 03/29/2004
CMKM Diamonds Inc. Announces Drilling Video Footage Now Available on the Company Web Site - BusinessWire
12:50pm 03/23/2004
CMKM Diamonds, Inc. Announces Joint Venture Option Agreement With United Carina Resources Corp. and Consolidated Pine Channel Gold Corp. - BusinessWire
9:30am 03/22/2004
CMKM Diamonds, Inc. Announces Progress on Drilling and Exploration Program - BusinessWire
9:30am 03/18/2004
CMKM Diamonds Inc. Announces That Drilling Has Commenced Two Days Ahead of Schedule in the Fort a la Corne Area - BusinessWire
9:30am 03/15/2004
CMKM Diamonds Inc. Announces Drilling Program to Commence in the Fort a la Corne Area on Wednesday, March 17, 2004 - BusinessWire
9:30am 03/11/2004
CMKM Diamonds Inc., Formerly Casavant Mining Kimberlite International, Announces New Symbol - BusinessWire
1:01pm 03/09/2004
CMKM Diamonds Announces Assignment of New CUSIP Number - BusinessWire
9:30am 03/02/2004
U.S. Canadian Minerals Inc. & CMKM Diamonds Inc. Announces Joint Venture - BusinessWire
4:38pm 02/26/2004
CMKM Diamonds Inc. Successfully Negotiated Definitive Agreement for Major Airborne Survey - BusinessWire
9:30am 02/26/2004
Casavant Mining Kimberlite International Announces Name Change - BusinessWire
3:53pm 02/25/2004
NEWS ARTICLE FROM UNKNOW SOURCE: http://www.juniorstocks.com/radthreads/thread.php?id=24
Casavant Mining Kimberlite International Obtains Funding of US $1.8 Million With Pledge For Additional US $3.2 Million - BusinessWire
9:30am 02/19/2004
INSERTING and REPLACING Casavant Mining Kimberlite International Obtains Funding of US $1.8 Million With Pledge For Additional US $3.2 Million - BusinessWire
9:30am 02/19/2004
Casavant Mining Kimberlite International Announces Summary of Drill Program to Commence - BusinessWire
1:11pm 02/13/2004
Casavant Mining Kimberlite International Announces Delay Set for Name Change and CUSIP Number - BusinessWire
9:30am 02/04/2004
/C O R R E C T I O N -- Casavant Mining Kimberlite International/ - PR Newswire
1:05pm 01/28/2004
Casavant International Mining, Inc. Announces Short Delay for Final Approval of MRDR/CIM Share Exchange - PR Newswire
9:05am 01/28/2004
Casavant Mining Kimberlite International Announces Application for Name Change and New CUSIP Number - BusinessWire
9:30am 01/27/2004
Casavant Mining Kimberlite International Announces Purchase of Drill Rigg, Accessories, Extra Equipment for Drilling - PR Newswire
8:02am 01/21/2004
Casavant Mining Kimberlite International Announces MRDR Share Exchange And Spin Out of CIM Subsidiary Approved - PR Newswire
9:02am 01/15/2004
Casavant Mining Kimberlite International Announces Retirement of 1.8 Billion Shares - PR Newswire
9:05am 01/09/2004
Casavant Mining Kimberlite International Announces Green Lake Target Drill Ready - PR Newswire
9:03am 01/05/2004
Casavant Mining Kimberlite International Announces Negotiation With Two Public Companies for Buyout of Mining Claims - PR Newswire
9:05am 12/29/2003
Casavant International Mining, Inc. Announces Spin-Out - PR Newswire
11:02am 12/19/2003
Casavant Mining Kimberlite International Announces That Targets Have Been Selected to Commence Drilling on Green Lake and Forte a la Corne - PR Newswire
12:02pm 12/18/2003
Casavant Mining Kimberlite International Announces That the Company Has Officially Retired 16.5 Billion Shares Back to the Treasury - PR Newswire
3:17pm 12/17/2003
Casavant Mining Kimberlite International Announces that Spin-Out Company CMI To Go Public Within Two Weeks - PR Newswire
9:08am 12/08/2003
Casavant Mining Kimberlite International Gives Update of Public Diamond Exploration Working Partners - PR Newswire
9:07am 11/20/2003
Casavant Mining Kimberlite International Continues Excavation Work and Plans to be Drilling in Forte a la Corne Shortly - PR Newswire
8:16am 11/17/2003
Casavant Mining Kimberlite International Begins Excavation Process For Kimberlite Indicators in Green Lake Area - PR Newswire
12:33pm 11/13/2003
Casavant Mining Kimberlite International Successfully Claim Stakes Approximately 100,000 Acres of Land for Diamond Exploration - PR Newswire
8:34am 11/11/2003
Casavant Mining Kimberlite International Successfully Claim Stakes Additional Land for Diamond Exploration - PR Newswire
9:09am 11/10/2003
Casavant Mining Kimberlite International Successfully Negotiates Closure Of Diamond Claims in Potentially New Diamond Discovery Area - PR Newswire
9:03am 11/07/2003
Casavant Mining Kimberlite International Announces Update of Magnetic Work for Drilling and Retires over 20 Billion Shares of CMKM Stock to Date - PR Newswire
10:32am 11/06/2003
Temporary Drilling Delay at Fort a la Corne for Casavant Mining Kimberlite International - BusinessWire
9:30am 10/30/2003
Casavant Mining Kimberlite International Announces Retirement of Another 4.4 Billion Shares for a Total of 13,420,371,427 CMKM Shares of Stock to Date - PR Newswire
8:30am 10/20/2003
Casavant Mining Kimberlite International Announces Retirement of 9,020,371,427 CMKM Shares of Stock - PR Newswire
10:51am 10/10/2003
Casavant Mining Kimberlite International Clarifies Record Date for CMKM 2 for 1 Stock Split - PR Newswire
1:05pm 10/03/2003
Casavant Mining Kimberlite International Announces Retirement of 6 Billion CMKM Shares of Stock - PR Newswire
9:01am 09/30/2003
Casavant Mining Kimberlite International Announces Approximately 172,970 Acres Of Claims Added In Fort a la Corne - BusinessWire
9:30am 09/24/2003
Casavant Mining Kimberlite International Announces Corporate Web Site - BusinessWire
2:13pm 09/22/2003
Casavant Mining Kimberlite International X Dividend Date September 19, 2003 For Zinc Spin-Out. - BusinessWire
11:03am 09/19/2003
Casavant Mining Kimberlite International Enters Into Joint Venture Agreement For Development Of Mineral Claims - BusinessWire
9:30am 09/19/2003
Casavant Mining Kimberlite International Announces $900,000 Funding from Three Diamond Exploration Companies - BusinessWire
3:32pm 09/18/2003
Casavant Mining Kimberlite International Announces Diamond Drill Core Sampling To Commence In October - BusinessWire
9:31am 09/17/2003
Casavant Mining Kimberlite International Recent Developments and X Dividend Date, September 12, and September 19, 2003. - BusinessWire
9:30am 09/12/2003
Casavant Mining Kimberlite International Announces Purchase of 25 Mineral Claims and Ground Magnetic Survey Update - BusinessWire
9:30am 09/03/2003
Casavant Mining Kimberlite International Announces $3,000,000 Contract for Mineral Exploration and Drill Contract Program - BusinessWire
9:30am 08/27/2003
Casavant Mining Kimberlite International Clarifies Payable Date for CMKM Stock Split and Dates of Record for CMI Spin-out - PR Newswire
10:05am 08/22/2003
Casavant Mining Kimberlite International Spin-Out and Share Distribution To All CMKM Shareholders - PR Newswire
2:57pm 08/21/2003
Casavant Mining Kimberlite International Announces a Two for One Forward Stock Split for All Shareholders of Record - PR Newswire
10:45am 08/19/2003
Casavant Mining Kimberlite International Announces a Two for One Forward Stock Split for All Shareholders of Record - PR Newswire
10:44am 08/19/2003
Casavant Mining Kimberlite International Recent Developments for Fort a la Corne - BusinessWire
2:59pm 08/07/2003
Casavant Mining Kimberlite International Drilling Permit Application Approved by Board - BusinessWire
1:12pm 07/23/2003
There can be only ONE.
[This message has been edited by highwaychild (edited May 06, 2004).]
Kev
quote:
Originally posted by DiQuiRiesco:
I asked a question to all you CMKX/ CMKM/ CMKI longs quite some time ago that has gone unanswered. I would love to see an answer to this question: Name one company who has sponsored a race car with no product to advertise. Can you name one? Can you name one company who has no stated product to sell who sponsors a race car? Just one?
quote:
Originally posted by kguts11:
Sorry, I'm not trying to get in the middle of a silly arguement about this company, because since they don't really say anything, everything is speculation, but to answer your question...The US Army.Kev
Good answer, though the army is not a company.
Kev
quote:
Originally posted by DiQuiRiesco:
Good answer, though the army is not a company.
"it’s finally all going to come together.”- Casavant
Thought I’d share the notes I made on CKMX so far with you. This is based on my research and all the sources are publicly available. Based on my research, I personally believe Urban Casavant is onto something grand despite the secrecy typical of the industry. This revised post contains links to the 'Casavant Brand', key CMKM personell, a MAP, a DD search engine link(!!), and updated PRs. - Chrysler300C, 05/06/2004
The product market is established,
the demand is proven globally,
the timing is impeccable,
media frenzy/interest is guaranteed
diamond hype is always contagious,
and the symbol is CMKX.
MAP of Fort a La Corne: http://casavantmining.com/images/17x11_Oct03.pdf
“The odds of making an economically viable diamond discovery in Canada are well above the average for the rest of the world …only 0.7 percent of the 6,395 kimberlites found across the globe are worth mining -- odds of 1 out of 133 for striking it lucky compared to 1 out of 32 inside Canada.”
"From 1998 to 2002, companies have mined about 13.8 million carats of these precious stones of pure carbon, collectively worth $2.8 billion," ...
"This is roughly equivalent to a 1.5-kilogram bag of ice each day for five years, with each bag worth $1.5 million."
“On the basis that 60,000 tones could be processed every day this means that the Fort a la Corne partners could be looking at a gross profit of around C$2 million a day. Now even De Beers has to take such a figure seriously…”(Kensington/De Beers/Cameco)
(Sources, CONTEXT, & dates for these quotes are in the body of the report)
CMKX : OFF TO THE RACES! http://www.dragracecanada.com/hotzone/news/2004/April/05.asp
De Beers to raise rough diamond prices 5%- March 18, 2004 http://www.globes.co.il/serveen/globes/docview.asp?did=781574&fid=942
Diamond products face price hikes: Source: China Daily http://english.peopledaily.com.cn/200403/01/eng20040301_136200.shtml
***Who is CMKM? http://www.casavantmining.com
Casavant Mining is a mining and exploration company with mineral claims in Fort a la Corne which is known for its diamondiferous kimberlites being some of the largest in the world. The Company currently has approximately 609,361 acres of mineral claims with options for approximately 1.9 million acres total in Fort a la Corne which lie most contiguously with known diamondiferous kimberlites owned by other operators in the region. Within the past several months, senior project geologist, Dr. Mark Hutchison has spent time in the field delineating targets and has identified 30 targets using certain criteria known for locating kimberlite bodies from regional aeromagnetic data and from low level, high resolution data collected by private enterprise.
****THE PLAN:
“We plan on mining diamonds from our own deposits and buying conflict free diamonds at wholesale. We will merchandise these diamonds under the "Casavant" brand name. Both retailers and consumers can place their trust that a "Casavant" diamond is conflict free; mined in an ethical and environmentally friendly manner; and represent the highest in quality and value. We plan on becoming involved in the entire sales chain in diamond merchandising with the view of becoming the largest wholesaler of Canadian diamonds not just a mining company. This provides our shareholders with a more balanced investment opportunity and gives us income stream while we are developing our Saskatchewan diamondiferous kimberlite claims." – Chairman Urban Casavant http://www.findarticles.com/cf_sccfrm/m0EIN/2002_Dec_9/95086487/p1/article.jhtml
4 months later: April 21, 2003
->Exploration Project at Fort a la Corne established:
…Dr. Mark Hutchison, Casavant Mining's senior project geologist, recently spent two weeks in the field delineating targets
… identifying kimberlite targets on CMKM's mineral claims at Fort a la Corne,
…priority has been given to a core block … of CMKM's mineral claims which lie most contiguously with known diamondiferous kimberlites owned by other operators in the Fort a la Corne region.
….some 30 targets have been identified by Hutchison from regional aeromagnetic data provided by the Canadian Geological Survey
….Amongst these targets, five locations have been identified as being of highest priority and will receive first attention initially from ground magnetic survey crews.
…management also plans to continue to expand targets by use of airborne electromagnetic surveying under the supervision of project geophysicist Dr. Jovan Silic
…final geochemical analysis being undertaken in one of a number of internationally recognized laboratories under Hutchison's supervision. http://www.findarticles.com/cf_sccfrm/m0EIN/2003_April_21/100402143/p1/article.jhtml ?term=
CMKX Senior Project Geologist:
Mark Hutchison, Ph.D., graduated from the University of Edinburgh with a Bachelor of Science honors in geology in 1993. For the past 10 years Hutchison has been working on diamond research and has in-depth knowledge of diamonds from a number of worldwide localities, having completed his Ph.D. on the subject in 1997. Doctorate in mantle geochemistry and diamond geology from the University of Edinburgh in 1998. Credited and widely published for the discovery of two new minerals in scientific literature. Worked as a research associate for two years (1998-2000) at the University of Arizona's lunar and planetary laboratory with support from the U.S. National Science Foundation and NASA. Hutchison has been an invited lecturer on deep mantle diamonds at several institutions, has served as a chair for the American Geophysical Union and holds a position of honorary associate of the University of Sydney. Through his research he has developed models for prospecting for diamonds in non-classical settings particularly useful to Brazil, Australia and Canada. Hutchison has worked closely with Casavant Mining as a consultant since inception and is a candidate for the board.
LAS VEGAS--(BUSINESS WIRE)--Feb. 25, 2003
Dr. Mark Hutchinson, Consulting Geologist for Casavant Mining Kimberlite International (OTCBB:CMKM) was interviewed on 21 February, 2003 by Tom Allinder of ************.com.
During the interview, Dr. Hutchinson answered a variety of questions regarding CMKM's mining properties in the Fort a la Corne region in Saskatchewan, Canada. Topics include CMKM's strategy for exploration of their 1.9 million acres of property which surrounds De Beers/ Kensington and Shore Gold's possible valuation, as well as timetable for exploration and a background of the Fort a la Corne region. The interview may be accessed at http://www.************.com. http://www.findarticles.com/cf_sccfrm/m0EIN/2003_Feb_25/98036193/p1/article.jhtml
*****Why Fort a la Corne, Saskatchewan, Canada?
“Canada is a world diamond power, threatening the De Beers Cartel.” Kevin Krajick, author of Barren Lands.
“The Fort a la Corne area could well be the most important diamond discovery of the century.” – Chairman Urban Casavant. http://www.webfin.com/fr/forums/discussion.html?forum=metaux&file=5442.html
Mining companies -De Beers/Kensington/Cameco, Shore Gold, Diamonds North [DDN], Ashton[ACA], Global Prospecting Ventures [GPVI], United Carina Resources Corp, FOREST GATE RESOURCES INC to name a few are registering their presence in the FALC region.
Why?
Saskatchewan Economic News 2004, Page 5:
Saskatoon: A gem-quality diamond was found in January in a core sample of Kimberlite from the 2003 drill program at Fort a la Corne. The 0.77 stone carat stone was weighed and measured by the Saskatchewan Research Council in Saskatoon. http://www.ir.gov.sk.ca/adx/asp/adxGetMedia.asp?DocID=3369,3088,3087,2936,D ocuments&MediaID=6236...
1)
The Province of Saskatchewan has a unique geological environment for the occurrence of diamondiferous kimberlites. Protected by thick sedimentary layers left by an inland sea, Saskatchewan kimberlites bodies have escaped erosion. Unlike most kimberlites in South Africa and the Northwest Territories, Fort à la Corne kimberlites are almost intact with much of the kimberlite volcano still remaining. As a result, the Fort à la Corne kimberlite field contains the largest concentration of diamondiferous kimberlite in the world. The total mass for the field was estimated from modeled geophysical data and drilling intersections to 9 billion tonnes with a 30-metre thickness cutoff at the edges.
(Kensington/De Beers/Cameco)
Currently, land holdings held under the Fort à la Corne joint venture agreement comprise 121 claims totalling 22,544 hectares or approximately 57,000 acres. Of the 63 kimberlite bodies on this property, the joint venture currently is focusing on kimberlite body 141/140. Kimberlite body 141 and 140, both previously thought to be two separate bodies, are now understood to form a single, large kimberlite body estimated at over 500 million tonnes -- making it the largest macro diamond bearing kimberlite in the world. http://www.kensington-resources.com/s/Property.asp
Saskatchewan Government states:
• We're the third-largest, non-fuel, mineral-producing province in Canada
• Total mineral sales in 2002 were $2.4 billion - about 8% of the provincial GDP
• The industry creates some 6,000 direct and 12,000 indirect jobs
• Our mining productivity is ranked among the highest in Canada
• The industry boasts significant external investment and private-sector leadership
• Our mines feature leading-edge, made-in-Saskatchewan technology, such as:
o Continuous mining equipment used in the potash industry
o Remote-controlled underground mining equipment at the McArthur River uranium mine
o State-of-the art tailings management facilities
• Some of Canada's highest-grade ore reserves
• Lower-cost mining operations
• State-of-the-art mining technology
• A well-trained, reliable, productive workforce
• Central location with excellent transportation services to North American and offshore markets http://www.ir.gov.sk.ca/Default.aspx?DN=3348,3330,3328,2936,Documents
1b) Fort a la Corne pipes are virtually unprecedented in terms of their huge mass.
This means that while it involves exhaustive work in determining where concentration of diamonds are, it offers relatively LOW cost diamond mining.
See: http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=18909337
1c) Canada is now world’s third largest diamond producer by value, ahead of South Africa.
“Since its first major discovery of diamonds in 1991 and the subsequent start up of two mines, Canada has sprinted up the world diamond production rankings to now reach third spot, measured by the value of the stones it produces.
Canada is attracting almost half of all the worldwide exploration dollars spent on searching for diamonds, or about $125 million a year.”
TORONTO STAR:
“Canada climbs to third in world diamond output” http://www.thestar.ca/NASApp/cs/ContentServer?pagename=thestar/Layout/Artic le_Type1&c=Article&am...
Forbes: Diamond Hunt Dice Seen Loaded in Favor of Canada http://www.forbes.com/home_europe/newswire/2004/01/29/rtr1234489.html
DE BEERS Fort à la Corne Factsheet http://www.debeerscanada.com/files_2/fort_a_la_corne/factsheet.html
(2)
Kimberlites were first discovered in Saskatchewan in 1988 at Sturgeon Lake, which is located approximately 50 km northwest of Prince Albert. This discovery which subsequently was determined to represent glacially rafted kimberlite material rather than an in situ pipe, resulted in a considerable amount of exploration activity by both junior and senior companies, particularly in this part of central Saskatchewan. On the basis of airborne magnetic and ground geophysical surveys large tracts of land were staked with the focus being the Fort a la Corne area, which is located some 80 km to the east of Sturgeon Lake.
During the next several years, drilling programs confirmed the existence of over 70 diamondiferous kimberlite bodies in spatially distinct clusters, with the main group located approximately 60 km east of Prince Albert. Referred to as the "Fort a la Corne kimberlite field", it extends for some 32 km in a narrow northwest trending corridor. Distinct smaller clusters of kimberlite have also been discovered both proximal to and at some distance from the main trend. The Candle Lake kimberlites for example occur up to 80 km north of the main kimberlite field. These outlying discoveries are indicative of the benefits of ongoing exploration and of the upside potential for the discovery of additional kimberlites.
The kimberlites in the Fort a la Corne area are unique, in that they largely consist of distinct layers of pyroclastic crater-facies rocks. Kimberlite volcanoes erupted periodically during Cretaceous time (98 to 112 Ma) into sands and mudstones that were deposited near the north-eastern margin of the broad Western Canada Sedimentary Basin. Geophysical modeling of the kimberlite bodies indicates a wide variation in their size. Individual kimberlites are estimated to range from 2.7 to 184 hectares, with tonnages ranging from 3 to 675 million tonnes. Diamond recoveries and grades are to date highly variable.
Reference: [http://www.pinechannel.com/s/Properties.asp?PropertyInfoId=632&View=1]
More on CMKM?
See:
Sept. 3, 2003--Casavant Mining Kimberlite International (OTCBB: CMKM) is pleased to announce the purchase of 25 mineral claims from North Sask Ventures Limited (a private company), approximately 10,912 acres in the Fort a la Corne area. After airborne magnetic surveys were conducted in the Fort a la Corne area, most of these claims were staked by previous claim holders, due to anomalies that were acquired from data taken from the airborne magnetic surveys. Two of the 25 claims are adjacent to known diamond-bearing property operated by Kensington (KRT), Cameco, and DeBeers Joint Venture in Fort a la Corne. Claim #S-135017 is south of kimberlite body #152 and claim #S-15016 is north of kimberlite body #168 both which are operated by the joint venture. Claim #S-135018 is adjacent and north of Shore Gold's (SGF) Birch Lake kimberlite. The remaining mineral claims are strategically located and are currently surrounded by numerous other claims held by CMKI and other claim holders in the area.
Reference: http://www.businesswire.com/cgi-bin/cb_headline.cgi?&story_file=bw.090303/232465311
Brilliant strategy and vision of The Casavant Manoeuvre:
With local knowledge and months of research of geological/government reports of the Fort a la Corne area located in central Saskatchewan, Canada, Urban set forth to stake mineral claims in the hundreds of thousands of acres, most contiguously and adjacent to known diamondiferous kimberlite bodies owned and operated by other mining companies, prior to forming CMKM Diamonds (formerly: Casavant Mining Kimberlite International).
CMKM management believes the company’s future is bright as diamonds. The Company now has over 1,000,000 (one million) acres claimed in Saskatchewan which include Fort a la Corne claims, Green Lake claims and zinc claims that include the original George Lake Deposit (also known as Brakewell Lake) with options for hundreds of thousands more acres. CMKM Diamonds, Inc., recently initiated a drill program, with confirmed results of one of the thickest kimberlite bodies found to date in the Fort a la Corne area. With ongoing drilling on additional targets scheduled for diamond core drilling in the next few months, CMKM has purchased additional equipment and employed labor forces to allow year round drilling. As aerial and ground surveys determine the probability of targets, the company is prepared to purchase yet even more equipment and labor to meet the demand of harvest. http://www.racingwest.com/news/story.php3/8679/index.htm
Now, CMKX holds claims covering 1,900,000 acres of this rapidly appreciating location.
MAP of Fort a La Corne: http://casavantmining.com/images/17x11_Oct03.pdf
****WHAT IS CMKM WORTH RIGHT NOW?
The Fort a la Corne area could very well be the most important diamond discovery of the century. CMKI has strategically planned more staked acreage than any of its surrounding competitors."
See: http://www.webfin.com/fr/forums/discussion.html?forum=metaux&file=5442.html
Notice the following:
1) De Beers/Kensington’s 141/140 kimberlite - referred to as the largest macro diamond bearing kimberlite anywhere in the world- is estimated to produce if mined, approx $500 million dollars a year, 800-1000 jobs for the local economy.[ ]http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=18909337] and is valued at $40-$80 Billion dollars. CMKM has claims alongside that rich location. This makes CMKM very valuable as an operation with huge statistical potential for astronomical profits. DeBeers et al. have 121 claims on their 57,000 acres. Shore Gold has claims on some 27,734 hectares. CMKM has claims on 1,900,000 acres. This is 33x larger than the De Beers area. Whatever success De Beers or Shore has in FALC, it will only increase the value of CMKM’s assets especially the strategically chosen claims around these other companies. Remember, it is almost certain De Beers/Kensington/Cameco will begin mining 140/141 shortly. http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=18909337
2) Companies in the region have reported various amounts of financing from big-money investors. This suggests that big-money sees the potential here, it makes business sense to them, and they are willing to invest their dollars in Saskatchewan.
E.g.: http://www.kensington-resources.com/s/NewsArchives.asp
Saskatchewan Economic News: http://www.ir.gov.sk.ca/adx/asp/adxGetMedia.asp?DocID=3369,3088,3087,2936,D ocuments&MediaID=4685...
3) Various high-calibre experts have recommended stock of companies exploring in the FALC area as excellent investments. I urge you to do your research on this: you’ll be very surprised.
“By early 2004 the Saskatchewan diamond play could be a horse race to develop the world's largest diamond mine.” June 2003 http://www.kaiserbottomfish.com/s/Trackers.asp?printVersion=now&_Title=Trac ker-2003-17-2002-FALC...
4) A company having claims on diamond-containing kimberlite bodies can a) prospect them for best diamond concentrations for subsequent mining b) make lucrative deals granting others permission to develop them or c) make deals involving sales of claims to other companies. How about all of the above?
5) Logistically, Fort a La Corne is a miner’s dream location. Urban Casavant’s timing could not have been better. Without taking into account the ensuing media frenzy, it would only take ONE full scale mining operation to begin on the Fort a la Corne territory to exponentially increase the market value of CMKM’s shares, amplify their deal-brokering power, and generally put the market value of the company in the multi-billion dollar territory. And it does not matter which company starts mining first! If the house next door is suddenly valued at $40 billion dollars and you own 33 houses on the street…? Wherever there are mine-able concentrations of diamonds on that property, Dr. Mark Hutchison is sure to find them.
In a world of monopolies, mergers and acquisitions, the economic value and leverage of CMKM’s 1.9 Million acres of claims cannot be over-overemphasized. See: http://www.kensington-resources.com/i/pdf/NorthernMiner_2003-06-23.pdf
See: 2001 article:
FORT A LA CORNE DIAMOND MINE IN SASKATCHEWAN COULD BE PLANNING FAST TRACK PRODUCTION.
“De Beers has decided that it has to focus on Canada”
“On the basis that 60,000 tones could be processed every day this means that the Fort a la Corne partners could be looking at a gross profit of around C$2 million a day. Now even De Beers has to take such a figure seriously…” http://www.minesite.com/archives/news_archive/2001/April-2001/kensington16.htm
Companies in the area are still reporting compelling finds with statements to the effect that over 75% of pipes in the area are diamond-bearing and news media are still anxious to report it: http://tacyltd.com/Research_Materials_Full.asp?id=53478
6) The unique geography (and hence enormous potential) and reported & un-reported diamond findings in Canada’s northern territories will keep big-money interested in this area for many many many years to come. This interest will not go away. There is incredible share price appreciation ahead for any company controlling a Canadian diamond mine, and many companies are struggling to do just that. And one company has incredible Microsoft-like control over this landscape of Fort a la Corne: CMKM Diamonds.
****CONCLUSION:
Every investment has a risk. Not investing also carries a risk. CMKX’s true power lies in LEVERAGE. While we may never have the opportunity to buy into another MSFT, we can buy into CMKX.
There is very real potential CMKX or another company could find something on the FALC that would send CMKX stock to .50 cents in a matter of days anytime soon as demand far exceeds supply. In fact, the articles you have read indicate some companies may have already struck gold.
The product market is established,
the demand is proven globally,
the timing is impeccable,
diamond hype is always contagious,
and media frenzy/interest is guaranteed.
Consider: just how many penny stocks have this kind of possibility associated with them? The company is becoming more and more popular so we just need the **product**, and if LOCATION is anything, CMKX is in very prime location indeed... The alignment of so many positive factors takes this company to a whole new level of play.
The math and the Risk/Reward ratio are blatantly in favour of a BUY and HOLD strategy. IMO-> Target price: $10.00+ within 2 years counting from the date CMKX (or anyone else) announces full scale mining has begun in the area, and assuming a O/S of 10 billion shares and only one mine at the start.
IT’S TIME TO SHARE THIS INFO WITH EVERYONE YOU KNOW!!
***CMKM NEWS:
The company also has interests in property near Green Lake, 180 kilometres northwest of Prince Albert. Casavant Mining will use an outside contractor for drilling in that area so its own rig can stay in the Fort à la Corne region.
Casavant said he’s happy to be at this stage.
“I’ve been at this prospecting and claiming land for about 15 years now,” said the self-taught prospector. “So I’ve been chasing this for a long time, and it’s finally all going to come together.”
Prince Albert Daily Herald http://www.juniorstocks.com/radthreads/thread.php?id=24
All the CMKX news below: http://tools.thestreet.com/tsc/quotes.html?pg=qcn&symb=cmkx&x=7&y=4
P/s: I do hold 10 million shares and I would buy more if only I could. I will be long for at least 3yrs.
Chrsyler300C
All Fort a La Corne News: http://www.findarticles.com/cf_sccfrm/PI/search.jhtml?magR=all+magazines&key=fort+ a+la+corne
Intersection of Kimberlitic Rock Announced by U.S. Canadian Minerals, Inc. - BusinessWire
6:00am 04/06/2004
U.S. Canadian Minerals Inc. Announces Intersection of Kimberlitic Rock - BusinessWire
4:30pm 04/05/2004
CMKM Diamonds Inc. Announces 'Carolyn Pipe' at 900+ Feet and Still in Kimberlite - BusinessWire
3:34pm 03/30/2004
CMKM Diamonds Inc. Announces 'Carolyn Pipe' Update - BusinessWire
2:27pm 03/29/2004
CMKM Diamonds Inc. Announces 'Carolyn Pipe' Update - BusinessWire
2:20pm 03/29/2004
U.S. Canadian Minerals Announces Option - BusinessWire
11:48am 03/29/2004
U.S. Canadian Minerals Announces Option - BusinessWire
11:40am 03/29/2004
"Without everyone involved from our shareholders to United Carina, Consolidated Pine Channel, U.S. Canadian Minerals, Mr. Ralph Newson, Dennis Miller and the drill crew (which have the combined experience of over 100 years and have been working around the clock) and all the others who made this happen, it would have been nearly impossible to achieve such a great accomplishment, such as this. We are looking forward to a long and lasting relationship, to continue our progress forward, and are aggressively pursuing additional drill permits for the next 14 priority drill targets already planned within the upcoming weeks for just the Smeaton area. Thank you for your patience and support." -Urban Casavant, President
CMKM Diamonds, Inc. Announces Kimberlite Ore Discovery http://www.pinksheets.com/quote/news.jsp?url=fis_story.asp%3Ftextpath%3 DCOMTEX%5Cbw%5C2004%5C03%5C29...
10:09am 03/29/2004
CMKM Diamonds Inc. Announces Drilling Video Footage Now Available on the Company Web Site - BusinessWire
12:50pm 03/23/2004
CMKM Diamonds, Inc. Announces Joint Venture Option Agreement With United Carina Resources Corp. and Consolidated Pine Channel Gold Corp. - BusinessWire
9:30am 03/22/2004
CMKM Diamonds, Inc. Announces Progress on Drilling and Exploration Program - BusinessWire
9:30am 03/18/2004
CMKM Diamonds Inc. Announces That Drilling Has Commenced Two Days Ahead of Schedule in the Fort a la Corne Area - BusinessWire
9:30am 03/15/2004
CMKM Diamonds Inc. Announces Drilling Program to Commence in the Fort a la Corne Area on Wednesday, March 17, 2004 - BusinessWire
9:30am 03/11/2004
CMKM Diamonds Inc., Formerly Casavant Mining Kimberlite International, Announces New Symbol - BusinessWire
1:01pm 03/09/2004
CMKM Diamonds Announces Assignment of New CUSIP Number - BusinessWire
9:30am 03/02/2004
U.S. Canadian Minerals Inc. & CMKM Diamonds Inc. Announces Joint Venture - BusinessWire
4:38pm 02/26/2004
CMKM Diamonds Inc. Successfully Negotiated Definitive Agreement for Major Airborne Survey - BusinessWire
9:30am 02/26/2004
Casavant Mining Kimberlite International Announces Name Change - BusinessWire
3:53pm 02/25/2004
NEWS ARTICLE FROM UNKNOW SOURCE: http://www.juniorstocks.com/radthreads/thread.php?id=24
Casavant Mining Kimberlite International Obtains Funding of US $1.8 Million With Pledge For Additional US $3.2 Million - BusinessWire
9:30am 02/19/2004
INSERTING and REPLACING Casavant Mining Kimberlite International Obtains Funding of US $1.8 Million With Pledge For Additional US $3.2 Million - BusinessWire
9:30am 02/19/2004
Casavant Mining Kimberlite International Announces Summary of Drill Program to Commence - BusinessWire
1:11pm 02/13/2004
Casavant Mining Kimberlite International Announces Delay Set for Name Change and CUSIP Number - BusinessWire
9:30am 02/04/2004
/C O R R E C T I O N -- Casavant Mining Kimberlite International/ - PR Newswire
1:05pm 01/28/2004
Casavant International Mining, Inc. Announces Short Delay for Final Approval of MRDR/CIM Share Exchange - PR Newswire
9:05am 01/28/2004
Casavant Mining Kimberlite International Announces Application for Name Change and New CUSIP Number - BusinessWire
9:30am 01/27/2004
Casavant Mining Kimberlite International Announces Purchase of Drill Rigg, Accessories, Extra Equipment for Drilling - PR Newswire
8:02am 01/21/2004
Casavant Mining Kimberlite International Announces MRDR Share Exchange And Spin Out of CIM Subsidiary Approved - PR Newswire
9:02am 01/15/2004
Casavant Mining Kimberlite International Announces Retirement of 1.8 Billion Shares - PR Newswire
9:05am 01/09/2004
Casavant Mining Kimberlite International Announces Green Lake Target Drill Ready - PR Newswire
9:03am 01/05/2004
Casavant Mining Kimberlite International Announces Negotiation With Two Public Companies for Buyout of Mining Claims - PR Newswire
9:05am 12/29/2003
Casavant International Mining, Inc. Announces Spin-Out - PR Newswire
11:02am 12/19/2003
Casavant Mining Kimberlite International Announces That Targets Have Been Selected to Commence Drilling on Green Lake and Forte a la Corne - PR Newswire
12:02pm 12/18/2003
Casavant Mining Kimberlite International Announces That the Company Has Officially Retired 16.5 Billion Shares Back to the Treasury - PR Newswire
3:17pm 12/17/2003
Casavant Mining Kimberlite International Announces that Spin-Out Company CMI To Go Public Within Two Weeks - PR Newswire
9:08am 12/08/2003
Casavant Mining Kimberlite International Gives Update of Public Diamond Exploration Working Partners - PR Newswire
9:07am 11/20/2003
Casavant Mining Kimberlite International Continues Excavation Work and Plans to be Drilling in Forte a la Corne Shortly - PR Newswire
8:16am 11/17/2003
Casavant Mining Kimberlite International Begins Excavation Process For Kimberlite Indicators in Green Lake Area - PR Newswire
12:33pm 11/13/2003
Casavant Mining Kimberlite International Successfully Claim Stakes Approximately 100,000 Acres of Land for Diamond Exploration - PR Newswire
8:34am 11/11/2003
Casavant Mining Kimberlite International Successfully Claim Stakes Additional Land for Diamond Exploration - PR Newswire
9:09am 11/10/2003
Casavant Mining Kimberlite International Successfully Negotiates Closure Of Diamond Claims in Potentially New Diamond Discovery Area - PR Newswire
9:03am 11/07/2003
Casavant Mining Kimberlite International Announces Update of Magnetic Work for Drilling and Retires over 20 Billion Shares of CMKM Stock to Date - PR Newswire
10:32am 11/06/2003
Temporary Drilling Delay at Fort a la Corne for Casavant Mining Kimberlite International - BusinessWire
9:30am 10/30/2003
Casavant Mining Kimberlite International Announces Retirement of Another 4.4 Billion Shares for a Total of 13,420,371,427 CMKM Shares of Stock to Date - PR Newswire
8:30am 10/20/2003
Casavant Mining Kimberlite International Announces Retirement of 9,020,371,427 CMKM Shares of Stock - PR Newswire
10:51am 10/10/2003
Casavant Mining Kimberlite International Clarifies Record Date for CMKM 2 for 1 Stock Split - PR Newswire
1:05pm 10/03/2003
Casavant Mining Kimberlite International Announces Retirement of 6 Billion CMKM Shares of Stock - PR Newswire
9:01am 09/30/2003
Casavant Mining Kimberlite International Announces Approximately 172,970 Acres Of Claims Added In Fort a la Corne - BusinessWire
9:30am 09/24/2003
Casavant Mining Kimberlite International Announces Corporate Web Site - BusinessWire
2:13pm 09/22/2003
Casavant Mining Kimberlite International X Dividend Date September 19, 2003 For Zinc Spin-Out. - BusinessWire
11:03am 09/19/2003
Casavant Mining Kimberlite International Enters Into Joint Venture Agreement For Development Of Mineral Claims - BusinessWire
9:30am 09/19/2003
Casavant Mining Kimberlite International Announces $900,000 Funding from Three Diamond Exploration Companies - BusinessWire
3:32pm 09/18/2003
Casavant Mining Kimberlite International Announces Diamond Drill Core Sampling To Commence In October - BusinessWire
9:31am 09/17/2003
Casavant Mining Kimberlite International Recent Developments and X Dividend Date, September 12, and September 19, 2003. - BusinessWire
9:30am 09/12/2003
Casavant Mining Kimberlite International Announces Purchase of 25 Mineral Claims and Ground Magnetic Survey Update - BusinessWire
9:30am 09/03/2003
Casavant Mining Kimberlite International Announces $3,000,000 Contract for Mineral Exploration and Drill Contract Program - BusinessWire
9:30am 08/27/2003
Casavant Mining Kimberlite International Clarifies Payable Date for CMKM Stock Split and Dates of Record for CMI Spin-out - PR Newswire
10:05am 08/22/2003
Casavant Mining Kimberlite International Spin-Out and Share Distribution To All CMKM Shareholders - PR Newswire
2:57pm 08/21/2003
Casavant Mining Kimberlite International Announces a Two for One Forward Stock Split for All Shareholders of Record - PR Newswire
10:45am 08/19/2003
Casavant Mining Kimberlite International Announces a Two for One Forward Stock Split for All Shareholders of Record - PR Newswire
10:44am 08/19/2003
Casavant Mining Kimberlite International Recent Developments for Fort a la Corne - BusinessWire
2:59pm 08/07/2003
Casavant Mining Kimberlite International Drilling Permit Application Approved by Board - BusinessWire
1:12pm 07/23/2003
There can be only ONE.
Wow, pretty impressive post huh? Let's dissect it a little shall we?
Ok, point # 1, the linked map is from October, 2003 and was from CMKX's website. The current map which is updated monthly can be found here: http://www.explorationgis.com/pa_falc_claims3.html and CMKX is not listed on it.
Point # 2, reading the next part of the article is strictly talking about the price of diamonds, a small blurb about drag racing and CMKX's own p/r's.
Were now down to the part that starts: 4 months later. This part talks in length about Dr. Mark Hutchison. I will admit that I cannot find anything about him other than that he works for CMKX. Don't know if that's good or bad.
Move on to: Why Fort a la Corne?
This is the section that talks about how rich this are of Canada is in diamonds and talks of many major players in the area like DeBeers but CMKX is not mentioned.
Let's move on to: More on CMKX?
This is one of my favorites. It references a company p/r as a journalistic fact, then it provides a link to CMKX's future equipment purchases but when you click on it it takes you to an article about their sponsorship of the ASA speed truck challenge, then there is a link to the same outdated claim map of 10/03.
Moving along to: What is CMKX worth right now?
This is where the author tries to put CMKX in the same league with DeBeers, Kensington and others and talks about billions of dollars worth of diamonds. To me, this is the most obvious "pump" of the whole article.
Next to last part: Conclusion
This is another favorite. Buying CMKX now is compared to getting in on Microsoft in its inception and states that there is a possibility of CMKX being at .50 in the next few days! BUY NOW!
Lastly we have nothing but CMKX p/r's which actually should be read by everyone to see what this company promised and what they delivered.
And finally it ends with: "There can only be ONE"
And CMKX isn't it.
In my opinion of course.
[This message has been edited by Upside (edited May 06, 2004).]
buy buy buy buy buy buy now folks get in while its low
quote:
Originally posted by pennywise:
Etrade just showed CMKX trading at 0.0010 then dropping to 0.0002. Did any one else see this?
For a minute I though that new was out!
GLTA
YES I WITNESSED IT
I TRIED TO MAKE A QUICK SALE BUT NO LUCK
Regarding the " air survey" I have just been told that it is 60% complete and should be completed sometime next week.
They have started to look at the results and they will be bringing it out in a up coming p/r.
Hole #4 has been started [may 4th] no up date as of yet. Kimberlite was found in hole #3 and has been sent away. I am NOT shure at what depth it was found and i will check into this for you all. I think it was around the 500ft mark { NOt SHURE ] )
That's it from Uncle Melvy ) Hope this helps you all
_________________________________________
May God Bless All.
IT MAY NOT BE 10 TRILLION SHARES OUTSTANDING AFTER ALL
quote:
Originally posted by 3292:
Thats 4 holes in the same place? Would they keep drilling in the same place if they didn't find diamonds in the first 3 holes?
May God Bless All.
[This message has been edited by Bart (edited May 07, 2004).]
quote:
Originally posted by Bart:
All. That .0010 was a typo. Someone meant .0001 but messed up. This happens a lot with CMKX and also the other stocks. A positive PR now would do wonders for us. Good luck to all. And just maybe it will really be .001. There is another possibility to the drilling of a forth hole in the same area. That they may have found some possible diamonds in the first three but were not enough to support the finance of the digging. But had enough potential to keep them drilling in the same area. Maybe to find larger deposits. Here's hoping.[This message has been edited by Bart (edited May 07, 2004).]
May God Bless All.
[This message has been edited by Upside (edited May 07, 2004).]
quote:
originally posted by Van:
OR they need a lot of holes for the "RETIRED SHARES"
VAN
That's good! Dig em deep guys! We've got a trillion shares to bury!
[This message has been edited by highwaychild (edited May 08, 2004).]
[This message has been edited by highwaychild (edited May 08, 2004).]
[This message has been edited by highwaychild (edited May 08, 2004).]
quote:
Originally posted by highwaychild:
or woops, support guyism.
I keep on supporting what you say, I think this is the second time!
Anyway you know the QueerBid people say "It's a buisness opertunity" - what a joke
[This message has been edited by joesturbo (edited May 08, 2004).]
quote:<br>
Originally posted by roger7485:
I just looked at their funny car design plan...they have a freakin share price of .001 with an up arrow on the side......
Puts a whole new meaning to the term: "Stock car".<br>
(I don't contribute often, but I just couldn't resist)
Not bashing this stock, but you have to admit, this "company" seems much more interested in its share price than finding diamonds. Still, not a bad gamble, its one of the most well known pennies so any sort of price rally would cause lots of panic buying.
quote:
Originally posted by joeyisthebest:
I am in both QBID and CMKX and I like them both in the near future. I should be rich by June 15th yessssssssss.
Dang, I can not believe you can think that. These two are both total looooooosers. Now you know that. Howmany times do you and I have to be told that. I guess about 1 zillion more times. Because I totally agree with you. HEHE all the way to the bank. 007
But just so all knows. CMKX will never get over .0001 and QBID can never go past .001.
I still think they have no way of going over that. HEHE. Million here we come. Dang life is good. OOPS I pumped it. Sorry.
I wonder why they have spent so much money on the sponsoring of the race car and the drilling equipment???hmmmmmmmm I wonder if they have claims on lands that have core samples showing the presence of Diamonds in their kimberlite findings!
quote:
Originally posted by Bart:
Dang, I can not believe you can think that. These two are both total looooooosers. Now you know that. Howmany times do you and I have to be told that. I guess about 1 zillion more times. Because I totally agree with you. HEHE all the way to the bank. 007
But just so all knows. CMKX will never get over .0001 and QBID can never go past .001.
I still think they have no way of going over that. HEHE. Million here we come. Dang life is good. OOPS I pumped it. Sorry.
quote:
Originally posted by Bart:
Dang, I can not believe you can think that. These two are both total looooooosers. Now you know that. Howmany times do you and I have to be told that. I guess about 1 zillion more times. Because I totally agree with you. HEHE all the way to the bank. 007
But just so all knows. CMKX will never get over .0001 and QBID can never go past .001.
I still think they have no way of going over that. HEHE. Million here we come. Dang life is good. OOPS I pumped it. Sorry.
Hmmmm seeing how QBID is above .001 at .0137 and hmmm CMKX is ... yup above .0001 at .0002.
If you own CMKX STOCK TIE UP YOUR SHARES NOW!!!!! (http://www.******************.com/showthread.php?t=48)
akula203 04-08-2004 10:09 AM
--------------------------------------------------------------------------------
If you own CMKX STOCK TIE UP YOUR SHARES NOW!!!!!
It's a long story but here's thread that will explain why you NEED TO PLACE AN ORDER TO SELL AT 2.00 US
http://cmkmdiamonds.proboards27.com...&num=1081346633
DON'T WAIT. DO IT NOW!!!! The thread will explain to you why this is necessary.
AverageInvestor 04-08-2004 10:28 AM
--------------------------------------------------------------------------------
A Short explaination on what seems to be happening
It "seems" (from multiple observations) that the MM's/shortsellers/cellar boxers/etc..) have been making large amounts of money on our shares (not just CMKX but all shares). Any share that does not have a sell/limit sell at a price above asking is being used without our permission to manipulate the market price and make these people hugh amounts of money to our determent.
By tieing up our stock with (in my case) a reasonable but high limit sell price, they can not use these shares to manipulate their bottom line. These shares for their purposes are out-of-play.
You can always cancel or change your orders whenever you want, just do not leave a share without a limit sell attached to it. That is why some want you to place a "very" high price on the sell, but any price above asking price ties up the share (your call on what price you set depending on your market stragety, ie: if you never want to sell place a very high price on the limit sell).
In less than one (1) day this has had an effect beyond even my wildest imagination.
Just my thoughts!
[This message has been edited by TradingWizard (edited May 08, 2004).]
quote:
IS CASAVANT MINING OUR STOCK POSSIBLE BIG NEWS
You have invested in this company and you don't even know the name of it? Nice bit of research there before spending your money!
quote:
originally posted by followmypicks03:
A must read about the claims related to CMKX, just came out today!http://www.canada.com/saskatoon/starphoenix/news/story.html?id=3692532c-ac7e-43d8-b2ef-0226d0a8da
Great article if you're an investor in Shore, Kensington, DeBeers, or any of the other real companies that were mentioned. Too bad CMKX was not mentioned. I wonder why that is?
quote:
Originally posted by Upside:
Great article if you're an investor in Shore, Kensington, DeBeers, or any of the other real companies that were mentioned. Too bad CMKX was not mentioned. I wonder why that is?
Becauce CMKX has 1.4 MILLION CLAIMS AROUND AND NEXT DOOR TO ALL Shore, Kensington, DeBeers AND WHAT THEY HAVE CMKX HAS THE SAME THING.
http://www.canada.com/saskatoon/starphoenix/news/story.html?id=3692532c-ac7e-43d8-b2ef-0226d0a8daa0
May God Bless All.
May God Bless All.
quote:
Originally posted by Upside:
Well, that clinches it for me! I'm selling everything I own and throwing it all at CMKX! Look at the size of that diamond! LOL!
May God Bless All.
May God Bless All.
But this stock is a horrible investment for anyone thinking long term. Urban Casavant has a history of bilking investors out of their money but everyone seems to think it's different this time around. It's one scam after another! Look at the spin-off company from late last summer that drew in untold numbers of new investors. Sure everyone got their shares but they're shares of an unnamed company with no value that cannot be traded. They sit in your account with a long number attached to them for the name. This is a stock scheme benefiting the principals of the company, not the investors. Can you make money on it? Maybe. If a real positive p/r comes out the stock might jump to where you can actually sell it at .0002 or if you're extremely lucky, .0003. But there are people on here making claims of 1.00+ short term and a lot of new investors are buying into it thinking millions on a couple hundred dollar investment. It's just not going to happen and if people would do a LITTLE research on this company and its owner, they would realize it.
Read this old PR and make sure you read the 2nd page. Dividends were expected to begin in the 3rd quarter of 2003 but sometimes things take a tad longer than planned!
http://www.findarticles.com/cf_0/m0EIN/2003_Jan_7/96198036/p2/article.jhtml?term=
Casavant Mining Kimberlite International Announces.
Business Wire, Jan 7, 2003
Continued from page 1
Fifth, CMKI believes that its shareholders and the targeted company's shareholders will best benefit from a "cross-dividend" policy. For example, if CMKI acquires a new target company in an exchange of shares, CMKI will pay its shareholders a mandatory 8% dividend of the total number of shares exchanged with the new target company. The shareholders of the new target company will be treated with the same fairness and therefore will be entitled to receive a mandatory 8% dividend of the total number of CMKI shares exchanged with the new target company. Since the mining and mineral resources business is highly fragmented, CMKI believes that its acquisition strategy will provide a way to leverage its assets into a larger more diversified portfolio of companies.
Sixth, CMKI believes that its cross-dividend policy will result in share dividends being issued in the 3Q03. The legal audit of its shareholders of record will speed up this process. Further, CMKI has structured its mandatory 10% cash dividend policy (which is based on its net earnings) to benefit those shareholders of record on the declared dividend date.
Seventh, CMKI believes that its acquisition strategy, spearheaded by the Casavant Family, will require the addition of a seasoned management team. Accordingly, the Board of Directors has nominated Jay McFadden to become Vice-Chairman and Chief Executive Officer, David Bending as President and Chief Operation Officer, and Rick Taulli as Secretary. Messrs. McFadden, Bending and Taulli are currently affiliated with Juina Mining Corporation. See www.juinamining.com. The Board of Directors has nominated David DeSorneau as Treasurer. Mr. DeSorneau was previously a consultant to CMKI. See December 3, 2002 Press Release. The nominations will be voted upon by the majority shareholders at the January 15, 2003 meeting.
Eighth, CMKI will be a featured guest on the news talk radio show "Not for Widows and Orphans", hosted by international economist Mike King at Princeton Research, Inc. The radio talk show is broadcast live via the internet every Sunday evening. The talk show schedule is available at www.princetonresearch.com .
May God Bless All.
Casavant Mining Kimberlite International X Dividend Date September 19, 2003 For Zinc Spin-Out.
9/19/2003 11:03:27 AM
LAS VEGAS, Sept 19, 2003 (BUSINESS WIRE) -- Casavant Mining Kimberlite International (Pink Sheets:CMKM) The Board of Directors have approved the spin-out of the corporate zinc deposits at George Lake, Saskatchewan, its wholly owned subsidiary Casavant Mining International, Inc. (CMI).
Shareholders of record who hold CMKM stock through close of market on Friday, September 19, 2003 will receive one share of CMI stock for every share of CMKM stock that they hold through this date. The payable date for the CMI shares of stock will be Friday, October 3, 2003. CMKM shareholders of record at the time will receive one share in CMI stock for every share they hold and will continue to own their CMKM stock. This spin-out will enable CMKM to concentrate on diamond exploration and development at Fort a la Corne, Saskatchewan.
Many investors bought into CMKX/CMKM back then thinking they would be receiving shares in a publicly traded company as of October 3, 2003. That is what this and other p/r's led investors to believe. It was nothing but deceit on the part of the company. They are masters at it and in my opinion, they are doing it again now.
~~"Read the entire thread. You'll see tons of dd on this stock by me (which I own by the way). As I'm sure you know, due diligence does not always wind up positive. In the recent past I have posted positive info on DCUT, VRMD, and UVCL. Unfortunately, they're all down since then But this stock is a horrible investment for anyone thinking long term. Urban Casavant has a history of bilking investors out of their money but everyone seems to think it's different this time around. It's one scam after another! Look at the spin-off company from late last summer that drew in untold numbers of new investors. Sure everyone got their shares but they're shares of an unnamed company with no value that cannot be traded. They sit in your account with a long number attached to them for the name. This is a stock scheme benefiting the principals of the company, not the investors. Can you make money on it? Maybe. If a real positive p/r comes out the stock might jump to where you can actually sell it at .0002 or if you're extremely lucky, .0003. But there are people on here making claims of 1.00+ short term and a lot of new investors are buying into it thinking millions on a couple hundred dollar investment. It's just not going to happen and if people would do a LITTLE research on this company and its owner, they would realize it."~~
____________________________________________
Upside, soon you may be going down the other.
Your motive is obvious.
If that observation is wrong, then why should someone who only has $200 invested in this stock expose themself to criminal prosecution such as you have just done?
The posts you have made have been feeble and amateurish at best, which up to this time, required no response. Anyone with remedial intelligence could see that the opposite of 99% of what you post is true.
Even with your credibility now at zero, and soon to be mitigated below that, your previous post opens you up to federal prosecution, of libel, fraud and misrepresentation. If someone showed your post to CMKX, Mr. Casavant or Melvin and asked as a shareholder to pursue a criminal investigation into possible arrest and conviction, you may wish you would have held your elementary school tongue.
Trust me, we understand, you hate the stock. You hate the company.
We don't.
GLTU
[This message has been edited by Bo14172 (edited May 09, 2004).]
quote:
Originally posted by Upside:
This is what I was referring to in my earlier post:Casavant Mining Kimberlite International X Dividend Date September 19, 2003 For Zinc Spin-Out.
9/19/2003 11:03:27 AM
LAS VEGAS, Sept 19, 2003 (BUSINESS WIRE) -- Casavant Mining Kimberlite International (Pink Sheets:CMKM) The Board of Directors have approved the spin-out of the corporate zinc deposits at George Lake, Saskatchewan, its wholly owned subsidiary Casavant Mining International, Inc. (CMI).Shareholders of record who hold CMKM stock through close of market on Friday, September 19, 2003 will receive one share of CMI stock for every share of CMKM stock that they hold through this date. The payable date for the CMI shares of stock will be Friday, October 3, 2003. CMKM shareholders of record at the time will receive one share in CMI stock for every share they hold and will continue to own their CMKM stock. This spin-out will enable CMKM to concentrate on diamond exploration and development at Fort a la Corne, Saskatchewan.
Many investors bought into CMKX/CMKM back then thinking they would be receiving shares in a publicly traded company as of October 3, 2003. That is what this and other p/r's led investors to believe. It was nothing but deceit on the part of the company. They are masters at it and in my opinion, they are doing it again now.
CMKX has alot of good things happing and I think you will get your spin off after all is said and don. I like CMKX becauce of the foreward splits and not R/S. I like when they put unnamed shares in peaple account instead of saying you will get the share. I havent seen the bad in CMKX because business takes time.
Thank for the stock you posted I will take a look.
May God Bless All.
quote:
Upside, soon you may be going down the other.
Your motive is obvious.If that observation is wrong, then why should someone who only has $200 invested in this stock expose themself to criminal prosecution such as you have just done?
The posts you have made have been feeble and amateurish at best, which up to this time, required no response. Anyone with remedial intelligence could see that the opposite of 99% of what you post is true.
Even with your credibility now at zero, and soon to be mitigated below that, your previous post opens you up to federal prosecution, of libel, fraud and misrepresentation. If someone showed your post to CMKX, Mr. Casavant or Melvin and asked as a shareholder to pursue a criminal investigation into possible arrest and conviction, you may wish you would have held your elementary school tongue.
Trust me, we understand, you hate the stock. You hate the company.
We don't.
GLTU
You're right, my motive is obvious. I want people to be aware of what they are getting themselves into and to look into the shady past of Mr. Casavant. Uh-Oh, that was another libelous statement wasn't it? As for my posts being feeble, please compare them to the posts of the cheerleaders of this stock and tell me which ones contain more facts. As far as criminal prosecution goes, I invite you to copy any of my posts and forward them to Melvin, Urban Casavant, or any of the other crooks (slander, right?) invloved in this company. There will be no response from them and it's not because they are too busy drilling for diamonds.
quote:
You should consider getting a hobby because nobody cares about your opinions if you do not hold a position in this company. (and the folks at raging bull kicked you off the QBID board because you make no sense, BASHER.)
If you would have read the thread you would have seen that I do hold a position in this stock. By the way, on your homepage I see CMKX listed as one of the top 3 "dog" stocks and investors are encouraged to stay away. Also, I have never posted at the RB site. I post here and at the *** site.
quote:
Originally posted by Bart:
Sounds like someone is getting a little excited here. One good thing about it. Opinions are like you know what. And we all have one. Some bash, some pump and some say. Oh, what the hell. Let the chips fall where they may. The last one is me on this stock. GOOOOOD NIGHT.
I second that but the last one is me on this stock. GOOOOOD NIGHT.
quote:
Originally posted by Bam Bam 17:
I second that but the last one is me on this stock. GOOOOOD NIGHT.
May God Bless All.
May God Bless All.
May God Bless All.
2-Does it also correlate that the thicker the kimberlite, the higher the quantity of diamonds?
3-Isn't it true that a more accurate measure of kimberlite/diamonds is not the thickness of the kimberlite but rather #of carats/kg of kimberlite. And if that measurement is high, then the thinkness of kimberlite would also be meaningful?
--------------------------------------------------------------------------------
Melvin
Global Moderator
Re: kimberlite thickness
« Reply #1 on: 05/07/2004 at 14:56:03 »
--------------------------------------------------------------------------------
yes to all the above
My DD has shown me that Mr. Casavant and Melvin are of good charactor. Three other companies think so as they are in this joint venture. One thing very exciting is that these boys have a lot of funders as they bought 1.9 million acers in the most richest Diamond land in the world. We are getting the arial survey results soon of all this land and it will tell us how many kimberlines are there. Its probably more then all 3 other companies combined as their land was carefully bought right around all the other companies kimberlines. Why we haven't had news is that this company is planning to hit us one by one so strong that we will go up faster then qbid. Qbid came out with good PR's but they were spaced and far between. This company is going to hit us prepared. (Play with what you can afford to loose and Enjoy the fun soon to come!)
------------------
Due Da Due......But Be Quick About It!!!!!
DaDog
------------------
Due Da Due......But Be Quick About It!!!!!
DaDog
There's so much unrealistic hype among the CMKM shareholders, it's scary
I've done my own DD and for a lot of reasons I won't touch this stock.
Now they will call me a basher....
Save your money noobs, you have better luck elsewhere.
quote:
Originally posted by dardadog:
I'M NOT A PAID PUMPER OR BASHER. I GOT INVOLVED WITH THIS STOCK WHEN IT WAS STILL CMKM. I LIVE LESS THAN TWO HOURS SOUTH OF VEGAS. I HAVE DONE A TREMENDOUS AMOUNT OF GAS/LEG WORK HERE. ALL THREE OFFICE ADDRESSES IN THE VEGAS/HENDERSON AREA GIVEN IN THE PR'S LAST FALL TURNED OUT TO BE BOGUS. ONE IS A DRYCLEANERS (BEEN THERE FOR YEARS) ONE IS VACANT (DUST SAYS BEEN THAT WAY AWHILE) AND THE OTHER IS AN ATTORNEY WHO IS NEVER THERE. THE ONE CONCRETE THING I FOUND OUT....URBAN CASAVANT HAS A LOVE FOR A HARD EIGHT AT THE TABLES. STORY IN VEGAS GOES THAT IT GOT HIS ARM BROKE ONCE UPON A TIME. AGAIN, NOT PUMPING AND NOT BASHING. JUST TRYING TO HELP OTHERS BE AWARE. IN MY HONEST OPINION......THE STOCK CERTS FOR THIS STOCK SHOULD COME WITH A CONDOM ATTACHED IN THE INTEREST OF SAFE SEX.
May God Bless All.
quote:
Originally posted by Bam Bam 17:
Dr. Mark Hutchison interview on CMKX "traders nation" a little while ago... interesting development...
http://www.tradersnation.com/cmkm.shtmlMay God Bless All.
A LITTLE WHILE AGO?????? THAT INTERVIEW WAS IN FEB. 2003!!!!! YOU PEOPLE KNOW THAT I CAN DD THE HELL OUT OF ANYTHING!!!! HUTCHINSON ISN'T EVEN WITH CASAVANT ANYMORE!!!! HASN'T BEEN FOR MONTHS!!!! THIS AIN'T BASHIN' FOLKS. THIS IS THE STRAIGHT CHIT!!! THEY HAVE MORE ADVERTISEMENT BECAUSE THEY (CASAVANT) HAVE MADE A KILLIN' BOUNCIN' THIS THING!!! IF IT IS TRULY A LONG AS SOME CLAIM, THAN YOU SHOULD KILL THIS THREAD, PUT IT IN THE JUNK DRAWER AND CHECK BACK ON IT IN A YEAR. NOT HAVE YOUR WHOLE PORTFOLIO TIED UP IN IT.
------------------
Due Da Due......But Be Quick About It!!!!!
DaDog
I SOLD IT IN FEBUARY ALSO FOR .0002. HERE IS THE ORDER TICKET.
02/11/2004
02/17/2004
SELL
CASAVANT MINING KIMBERLITE INC COM
1750000
2.0E-4
346.98
Investor Relations Contact: Melvin O'Neil
Toll free in U.S./Canada: 877-752-3755
quote:
Originally posted by dardadog:
A LITTLE WHILE AGO?????? THAT INTERVIEW WAS IN FEB. 2003!!!!! YOU PEOPLE KNOW THAT I CAN DD THE HELL OUT OF ANYTHING!!!! HUTCHINSON ISN'T EVEN WITH CASAVANT ANYMORE!!!! HASN'T BEEN FOR MONTHS!!!! THIS AIN'T BASHIN' FOLKS. THIS IS THE STRAIGHT CHIT!!! THEY HAVE MORE ADVERTISEMENT BECAUSE THEY (CASAVANT) HAVE MADE A KILLIN' BOUNCIN' THIS THING!!! IF IT IS TRULY A LONG AS SOME CLAIM, THAN YOU SHOULD KILL THIS THREAD, PUT IT IN THE JUNK DRAWER AND CHECK BACK ON IT IN A YEAR. NOT HAVE YOUR WHOLE PORTFOLIO TIED UP IN IT.
Dr. Mark Hutchison said CMKX claims value about 40 to 80 Billion.
Dr. Mark Hutchison has been elected to the board of directors of UCAD CMKX JV Partner.
http://pinksheets.com/quote/news.jsp?url=fis_story.asp%3Ftextpath%3DCOMTEX%5Cbw%5C2004%5C04%5C28%5C40519210.html%26clientid%3D168%26provider%3DBUSINESS_WIRE&symbol=UCAD
U.S. Canadian Minerals Inc. Announces New Board Member Election and Officer Appointment
LAS VEGAS, Apr 28, 2004 (BUSINESS WIRE) -- U.S. Canadian Minerals Inc. (OTC BB: UCAD) announced today that Dr. Mark Hutchison has been elected to the board of directors of the company and Richard A. Taulli has been appointed the company's chief operating officer.
Hutchison graduated from the University of Edinburgh with bachelor of science honors in geology in 1993. For the past 10 years Hutchison has been working on diamond research and has in-depth knowledge of diamonds from the Juina area, having completed his Ph.D. on the subject in 1997.
Taulli graduated from the University of California Riverside with bachelor of science honors in mechanical engineering in 1972. Taulli was a member of the board of directors as well as corporate secretary of Juina Mining Corp. for more than three years.
Also, the management trip to Ecuador previously announced has been postponed by one week.
Further announcements regarding U.S. Canadian's business plan and other potential upcoming projects will be forthcoming in future press releases and in SEC filings issued by UCAD.
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995
Statements contained in this document which are not historical fact are forward-looking statements based upon management's current expectations that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements.
SOURCE: U.S. Canadian Minerals Inc.
CONTACT: U.S. Canadian Minerals Inc.
Christina C. Hanneman, 303-220-8476
--------------------------------------
May God Bless All.
quote:
Originally posted by emunahstock:
DOG, CALL HIM ON MONDAY AND SEE IF IT DOESN'T SHED SOME LIGHT. You have brought us some great stocks and we owe you one back. I fully understand your concerns and I believe we are about to see a mircle in pennyland.Investor Relations Contact: Melvin O'Neil
Toll free in U.S./Canada: 877-752-3755
I second that thought. Thank Dog to you on other DD you post.
May God Bless All.
quote:
Originally posted by Bam Bam 17:
Dr. Mark Hutchison said CMKX claims value about 40 to 80 Billion.
As long as no diamonds are found that can be mined with profit
the CMKX claims are worth a little over 0 (nil) billions
Don't forget the costs associated with diamond exploration
and the low success rate in this business.
quote:
Originally posted by followmypicks03:
CMKX going to be much more than a daytrade that is why all you guys are pissing and moaning about buying at .0001 and selling at .0002 being hard.
If this is true, which I suspect is the majority of the issue with people here. Why not buy and place a sell order until 2005 at $10.00. This would tie up the shares and the "Manipulation" of the stock would be limited. This would also force the volume down but also stabilize the price per share.
I don't claim to be an expert but this seems logical right? I am not looking for this to turn over overnight either - but the recent turn of events i.e. advertising - drilling etc. seems to point to a re-structuring of the way they do business. They have spent allot of funds on some fun things (race car(s)) and also mining equipment. I can't imagine even if someone wanted to run a scam would do such things, it would be pointless. Either way I would put limited funds in this company like I have and let the subject rest and wait it out. I can spend a couple of hundred of dollars on pointless items and not even remember where it went to the next day.
1-When you say the kimberlite is the thickest in the region, what do you mean by region? Are you talking about the Smeaton area or does this also include the DB and SG kimberlites?
2-Does it also correlate that the thicker the kimberlite, the higher the quantity of diamonds?
3-Isn't it true that a more accurate measure of kimberlite/diamonds is not the thickness of the kimberlite but rather #of carats/kg of kimberlite. And if that measurement is high, then the thinkness of kimberlite would also be meaningful?
Re: kimberlite thickness
« Reply #1 on: 05/07/2004 at 14:56:03 »
Melvin O'Neil
yes to all the above
--------------------------------------
May God Bless All.
That is my opinion, take it or leave it for what its worth. Right now, only .0001-.0002 lol
By: bullNbear
09 May 2004, 07:03 PM EDT
Msg. 219993 of 220033
Jump to msg. #
Peter Murphy reports on the hidden gems of Canada's north
http://www.ctv.ca/servlet/HTMLTemplate/!ctvVideo/CTVNews/canada_diamonds_040113/20040113/?hub=Canada&video_link_high=mms://ctvbroadcast.ctv.ca/video/2004/01/13/ctvvideologger1_143k bps_2004_01_13_1074050071.wmv&video_link_low=mms://ctvbroadcast.ctv.ca/video/2004/01/13/ctvvideologger1_45kbps_2004_01_13_1074050163.wmv&clip_start=00:00:31.03&clip_end=00:01:52.11 &clip_id=ctvnews.20040113.00048000-00048872-clip1&clip_caption=CTV%20News%3A%20Peter%20Murphy%20reports%20on%20the%20hidden%20gems%20of%20Canada%27s%20north&subhub=video
Urban Casavant, founder and Chairman of the Board of
CMKM is a native of the Prince Albert (Canada) area
and has been involved in the precious stone and metals
industry for over 17 years presenting a substantial
advantage over other diamond exploration companies.
With local knowledge and months of research of geological
/government reports of the Fort a la Corne area located in
central Saskatchewan, Canada, Urban set forth to stake
mineral claims in the hundreds of thousands of acres, most
contiguously and adjacent to known diamondiferous
kimberlite bodies owned and operated by other mining
companies, prior to forming CMKM Diamonds (formerly:
Casavant Mining Kimberlite International).
CMKM management believes the company’s future is bright as
diamonds. The Company now has over 1,000,000 (one million)
acres claimed in Saskatchewan which include Fort a la
Corne claims, Green Lake claims and zinc claims that
include the original George Lake Deposit (also known as
Brakewell Lake) with options for hundreds of thousands
more acres. CMKM Diamonds, Inc., recently initiated a
drill program, with confirmed results of one of the
thickest kimberlite bodies found to date in the Fort a la
Corne area. With ongoing drilling on additional targets
scheduled for diamond core drilling in the next few
months, CMKM has purchased additional equipment and
employed labor forces to allow year round drilling. As
aerial and ground surveys determine the probability of
targets, the company is prepared to purchase yet even more
equipment and labor to meet the demand of harvest. http://www.racingwest.com/news/story.php3/8679/index.htm
______________________________________
May God Bless All.
quote:
Originally posted by STAR GAZER:
I had forgotten about it, but the MM's can and do manipulate the price of stocks and make money by keeping the price looowww. But if you put a sell order on your stock that is too high for them, then they can't use you shares to manipulate the stock. Trading Wizard suggests $2
I would imagine this would work - anyone know of an instance that this worked out?
May God Bless All.
quote:
PS. Just for the newcomers, don't put all your money into this stock, if it goes up, thats good, but there is a chance that this company is a scam, so keep that in mind. Still for a few hundred dollars, you can buy a bunch of stock, and if it takes off
you could make many many hundreds of dollars.
Now that's a fair and balanced statement. I wish more would post in that manner, I guess myself included. Tend to get a little heated up at times about this stock. Regarding the thought of everyone here putting high sells in, it was tried last fall here and quite a few participated. One problem we ran into was some brokerage houses wouldn't accept the orders because the market makers rejected them as being unrealistic. If I remember correctly, they were rejected if they were over $1.00.
I have bought at .0001 recently. So we will see if I am able to sell at .0002 if it pops again.
I think it will.
When I was looking at the charts a while back it looked like there were several opportunitis in the last year to sell at .0002.
PAUL
quote:
Originally posted by dardadog:
WHEN IS THE LAST TIME ANYONE WAS ABLE TO BUY THIS AT 0.0001 AND SELL IT AT 0.0002? REALLY? IF THAT WERE THE CASE, I WOULD BE PLAYING THIS THING CONSTANTLY FOR THE DOUBLE. IT AIN'T HAPPENIN' FOLKS. ANYONE SAYS IT IS, IS LYIN'.
------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.
quote:
Originally posted by emunahstock:
In the region where they are drilling and own land, 70% of Kimberlines have diamonds. So even though I agree that most mining comes up worthless, in this area the percentage is very high. Also, the arial equipment to find Kimberlines ...
Okay, I know this might seem a bit pedantic, but having read your posts on the CMKX site and here, I thought that you would eventually spell it right. It is kimberliTe.
quote:
Originally posted by STAR GAZER:
Upside, you were right. I went to my Ameritrade site and they cancelled my order to sell at $20. I wqill try again with $.99
It seems to me that even $.99 would stop the MM's. Thanks for the info.
I have GTC orders in for $.50, $1, and $2... they've been there for weeks
quote:
Originally posted by flashovertx:
Im wanting to buy this stock as a recreational buy. I was wanting to hit it at .0001 but now its hanging at .0002. should i go ahead and buy or wait and see if it will drop back to .0001? any thoughts?
May God Bless All.
Hole #4 has been competed. went down to a depth of 700ft. Hit Kimberlite at a depth 0f 400ft and ran out of it at a depth of 700ft= 300ft of kimberlite.
Further up-dates will come as they happen )
Thanks
Melvin
P.S. WHAT BROKER ARE YOU BOYS USING? I BOUGHT ON FRIDAY AT .0001 AND I SOLD IN THE LAST FEW MONTHS. GRANTED ITS NOT EASY TO SELL BUT IT IS POSSIBLE AND CERTAINLY WILL BE WHEN THE NEWS COMES OUT.
P.P.S. For whatever my opinion is worth, right now .0001-.0002 lol
[This message has been edited by VNGNTN1 (edited May 10, 2004).]
[This message has been edited by VNGNTN1 (edited May 10, 2004).]
quote:
UPSIDE & Others
True, a Limit can't be placed over .99 and most of us don't care, but the real problem with trading is the certificate issue which a lot of brokers can't put up with. This was supposed to be fixed with the symbol change CMKI to CMKM and wasn't, then another change to CMKX don't believe a reason was stated on that one.
This stock can't trade (except by some insiders) if a hard certificate is required on every trade. Imagine mailing stock certificates each day for volume generated since last September. The postage alone would consume millions of dollars.
VAN
I thought that did get corrected with the last symbol change. I know for a while Ameritrade wasn't accepting buy orders because CMKM was certificate only but I thought they were now. Could be wrong, I havn't tried to buy any recently. Boy, imagine if all of those certs. did have to be mailed. It would sure solve the problems of the U.S. postal service in a hurry
[This message has been edited by VNGNTN1 (edited May 10, 2004).]
[This message has been edited by VNGNTN1 (edited May 10, 2004).]
I'll go along for the ride if I can get filled
T
The flip side is there may be more than 500B shares out. The claims may be worth less or just plain worthless.
_____________________________________________
I like this stock as a fantasy stock. I like to think about it going to .10 and letting me play my guitar and visit friends and family more often instead of working. But I don't like to see posts about this going in the dollar range. I wish! but I so seriously doubt it and don't want anyone putting money they can't afford to lose in this long shot. Best of luck to all of us. I hope the news is awesome, the share count low and buy back of shares done. It would be wonderful. DD-IMO-Debi
---------------------------------------------
PS-I welcome replies about the math, assumptions used, etc.
.0002 over the past 4 trading days has held nicely. Unless I'm mistaken, the .0001 close today occurred on a whopping $15.00 trade. Bo
16:07:30 Q 0.0002 - 1,000,000
16:07:30 Q 0.0002 - 1,000,000
16:07:30 Q 0.0002 - 1,000,000
16:07:30 Q 0.0002 - 1,000,000
16:07:30 Q 0.0002 - 1,000,000
16:07:30 Q 0.0002 - 500,000
**15:58:21 Q 0.0001 -0.0001 150,000
15:57:57 Q 0.0002 - 200,000
15:56:54 Q 0.0002 - 5,250,000
** Listed close
[This message has been edited by Bo14172 (edited May 10, 2004).]
Welcome to the "Penny League"!!
WHY INVEST IN PENNY STOCKS? Because it's a rush! Like standing at a roulette wheel.
The PLAN: Limit the downside by investing in the lowest possible stocks.
1. Make sure they are not "Shells".
2. Find those with a pattern with large up and down volume.
3. The best issue periodic news releases
4. Invest only small amounts of money. Pyramid
your winnings.
Logic: Consider this. Suppose you invested $500 in a Tiny Stock at $.0001 cent per share (that's 5 mllion shares). This $.0001 stock only has to go to $.0002 cents for you to double your money. This can happen in a matter of minutes or hours in the Penny League - based purely on hype or a good news release from the company. What is the possible downside to buying a stock at $.0001 cent? It can't go lower. The company can either go bankrupt or up. What if that $.0001 cent stock goes to $.01 (one) full cent? Then you turned that $500 investment into $5,000.
Were you to make a major investment in a major stock at say $50 per share. How are you ever going to get rich? Get this - and never forget. It takes risk to get rich. That $50 per share would have to go to $100 per share for you to double your money. This most likely won't happen for years.
If the $.0001 stock doesn't go bankrupt - how can you lose? Time appears to be on your side. What if that $50 stock goes bankrupt? Or, if it dives to $.0001 - you lose your house.
Don't ever bet the baby's milk money on any stock! Never risk what you cannot afford to lose... Just like gambling - beware that you can get a "gambling sickness". Beware of this at all times. Do not let this take over your life. Peek into message boards and sift out the cry baby B.S. from the real useful data. But do not EVER get emotionally involved with either a certain stock - or a certain stock message board. You will regret this if you do. Remain aloof and make your own decisions.....
Avoid any penny stock company that hints of a "Reverse Stock Split". Penny stock Reverse Stock splits are so bad that your 3000 shares could turn into 1 share over night.
Only those with a tolerance for "high risk" should consider trading in penny stocks! Penny stocks are volatile by nature. These stocks can swing in either direction rather quickly. On the upside, one can quickly make a lot of money in penny stocks! Penny stock companies range from either being new to the public trading scene, to those who are "fallen giants". It must be remembered that it is the nature of a company to make money and to expand. In penny stock trading, one is hoping to latch on to one of these expanding/emerging companies at "rock bottom" prices. The more you "play" the penny stock game, the more you will realize that the stock market in general is very much affected by news, either good or bad. You will need to constantly monitor the news. Timing is a critical element when investing in penny stocks. You don't want to find yourself in a situation where you invested $2,000 one day, and 2 days later the stock fell 50% -- which does happen! As a general rule, look to buying these stocks at their 52-week low, or lower. Consider buying them in the "bargain basement", around $.0001 to $.005 cents.
Can you get Rich in Penny Stocks?
Penny stocks periodically run from say $.005 to $.20
cents or more. Frequently these runs occur in the
February-May period, but not always.
In 1999, a tiny stock called PNET ran from $.10 cents
to $8 in four weeks. A $1,000 investment could have
increased in value to $80,000. A $5,000 investment
would have become worth $400,000. Another example
is STRU. In the summer of 1999, that stock was
trading for less than a penny. In a matter of days
it ran to .60. A $1,000 investment in STRU would
have enabled a savvy investor to pick up 100,000
shares. The $1,000 became worth $60,000.
In the fall of 1999, a tiny unknown penny stock with the
ticker symbol YNOT traded around $.20 cents. In six
weeks the stock price EXPLODED to $25. A $1,000
investment would have become worth $125,000. A $5,000
investment would have increased in value to $625,000.
A $10,000 investment in YNOT would have become worth
$1,250,000.
The penny stock world is filled with stories like this,
yet the mainstream media never talks about it.
--------------------------------------------------------------------------------
"HOW TO PICK A PENNY"
1. Before buying - make sure that they are not likely to go bankrupt! 2:1 assets vs liabilities is very nice, but more important is liquid assets, cash on hand, etc. The real tiny stock companies can have nearly no assets and still run based on "hype" and/or good news.
2. Gauge the "hype" via message boards, etc. Hype has an awful lot to do with penny stocks. Analyze the news on the stock! A "good" penny stock company knows how to feed tidbits of good news all the time. A bad one never puts out news. Some only put out bad news...
3. Watch volume--make sure it is not a "selling off" before buying! Volume over 2-3 million is often a good flag! Buy into one with less and you may find it very hard to sell.
4. Buy a penny stock lower than today's price if possible...Just have patience and leave an order good to cancel, or nothing, and WITH a LIMIT PRICE.. Never, ever place a MARKET order; or you may pay 2 - 3 times or more - more than you wanted to. Usually buy near the 52-week low or lower!
5. Look at getting out after your penny stock doubles your money, or selling one half - which puts you in a very good position... We like to sell 1/4 off after it doubles.
6. If your penny stock happens to go down significantly--consider holding long term--even a year or more.... In the meantime consider "hyping" it yourself (telling the facts and truth only/no exaggerations) periodically via stock message boards, etc. That's to equalize the playing field and to help you cope with your feelings of desperation - because you did not listen and invested far too much in any one stock.
It's not likely to go down significantly of you invest in "Tiny stocks".
Look at those under a penny first..... Fight the urge to buy any stock trading over a penny.....
CARDINAL RULES FOR INVESTING: DO NOT move on any of these so-called "hot tips" you may read on these message boards, on USENET, or that are sent to you via stock newsletters - until you first check things out for yourself. Message board and USENET visitors have been known to plant false information - to try to help out their own positions (declining stocks). Along with this rule goes the second and equally important rule: if a stock broker cold calls you out of the blue with a "hot tip"....hang up the phone!!!
--------------------------------------------------------------------------------
Stock Suffix List - here
Some Stock & Message Board Acronyms here
Acronym Frequently seen - "DD"
AS IN - DO YOUR OWN "DD". This is usually seen in an advertisement or when someone is otherwise "pumping" stock they themselves own. It means "Due Diligence". In short; "I'm telling you about this stock, but if you buy it without checking it out thoroughly--then don't blame me." Check all stocks out thoroughly--especially their SEC financial filings via the SEC's "Edgar" system, at "www.freeedgar.com/, or at Edgar Online. Canadian company financial's may be filed in the Canadian system known as "Sedar". Use our Penny Stock War Room to take you to these places.
Penny stocks are always risky...so like always...Gold Penny says;
"don't bet the babies milk money on any stock".
...DON'T risk what you cannot afford to lose!
2. Find those with a pattern with large up and down volume.
CMKX doesn't have this. Their pattern is 2+ billion per day. This should tell you something.
3. The best issue periodic news releases
And they do but they don't help the stock price like CMKX.
Logic: Consider this. Suppose you invested $500 in a Tiny Stock at $.0001 cent per share (that's 5 mllion shares). This $.0001 stock only has to go to $.0002 cents for you to double your money. This can happen in a matter of minutes or hours in the Penny League - based purely on hype or a good news release from the company. What is the possible downside to buying a stock at $.0001 cent? It can't go lower. The company can either go bankrupt or up. What if that $.0001 cent stock goes to $.01 (one) full cent? Then you turned that $500 investment into $5,000.
It can go lower. You might not see it but a market sell will go for .00008 or lower. Also, in my experience, so far it is not possible to sell at .0002 thereby doubling your money.
Were you to make a major investment in a major stock at say $50 per share. How are you ever going to get rich? Get this - and never forget. It takes risk to get rich. That $50 per share would have to go to $100 per share for you to double your money. This most likely won't happen for years.
Agreed, it does take risk to get rich but this goes beyond risk, it borders on insanity.
Only those with a tolerance for "high risk" should consider trading in penny stocks! Penny stocks are volatile by nature. These stocks can swing in either direction rather quickly. On the upside, one can quickly make a lot of money in penny stocks! Penny stock companies range from either being new to the public trading scene, to those who are "fallen giants". It must be remembered that it is the nature of a company to make money and to expand. In penny stock trading, one is hoping to latch on to one of these expanding/emerging companies at "rock bottom" prices. The more you "play" the penny stock game, the more you will realize that the stock market in general is very much affected by news, either good or bad. You will need to constantly monitor the news. Timing is a critical element when investing in penny stocks. You don't want to find yourself in a situation where you invested $2,000 one day, and 2 days later the stock fell 50% -- which does happen! As a general rule, look to buying these stocks at their 52-week low, or lower. Consider buying them in the "bargain basement", around $.0001 to $.005 cents.
I agree, fortunes can be made in penny stocks but it isn't an easy game to play. 9 out of 10 stocks you invest in will not make you anything and if you're not careful, you could lose everything. The penny market should be viewed as a fun and recreational pastime. It isn't a market you should be banking you're future on! With that said, let the slamming begin. Nail me guys!
P.s. STAR GAZER, I really apologize for stepping on your post! It was good but I just wanted to show an opposing viewpoint.
Rick
quote:
granted this stock is risky,any pink sheet can be.CMKX is #1 out of 20 on http://www.pinksheets.com/ ,so the hype is there. The people here I'm sure have risked far more than they have on companies with far less going for them.Than a company on the eve of a possible positive diamond find.
You know guy, I really hope you're right. I would love to have to eat crow and admit I was wrong all along cause as I have said before, I own this stock and if everyone here cashes in, so do I. So assuming you guys are right and I'm wrong, what's the sell point? Where do we get out?
quote:
Originally posted by Upside:
... What is the possible downside to buying a stock at $.0001 cent? It can't go lower. The company can either go bankrupt or up...
I'd dissagree with this statement. It CAN go lower. Using the $500 @ .0001 example you would own 5,000,000 shares. Now suppose there is a 1:1000 Reverse Split. You now own 5,000 shares at .10. Now the stock can go lower (all the way back to .0001) and your $500 is now $.50!
------------------
~,-,-< GatorMan
quote:
Originally posted by GatorMan:
I'd dissagree with this statement. It CAN go lower. Using the $500 @ .0001 example you would own 5,000,000 shares. Now suppose there is a 1:1000 Reverse Split. You now own 5,000 shares at .10. Now the stock can go lower (all the way back to .0001) and your $500 is now $.50!
Good point Gator... look at AFRT, now at .0055 after a reverse split.
... What is the possible downside to buying a stock at $.0001 cent? It can't go lower. The company can either go bankrupt or up...
I didn't post that. I copied an earlier post and was responding to it.
May God Bless All.
Company Website http://www.casavantmining.com/
Company Video Archive http://www.casavantmining.com/video_archive.html
Company Picture Archive http://www.casavantmining.com/picture_archive.html
Previous Pics of ARIAL SURVEY EQUIPMENT http://www.casavantmining.com/images/airplane/thingypit1_160.jpg http://www.casavantmining.com/images/airplane/thingypit2_160.jpg http://www.casavantmining.com/images/airplane/equipment1_160.jpg http://www.casavantmining.com/images/airplane/plane2_160.jpg http://www.casavantmining.com/images/airplane/plane_160.jpg
CMKX trades on the Pink Sheets and is one of the most
requested quotes appearing in (Today?s Quote Request
Leaders) http://www.pinksheets.com/
((( CONTACT INFORMATION )))
CMKM Diamonds Inc.
Diamonds Hotline: Toll free in U.S./Canada: 877-752-3755
Melvin O'Neil, Phone: 306-752-3755 Fax: 306-752-3754
Email: ipr@sasktel.net
aka halfstep3 click link below to view lastest posts. http://ragingbull.lycos.com/mboard/memalias.cgi?member=halfstep3
((( Latest from Melvin via COMPANY MESSAGE BOARD )))
(Log on and get the answers to some of your questions). http://cmkmdiamonds.proboards27.com/index.cgi?board=questions
**Nevada Secretary of State Corporate Information**
Name: CMKM DIAMONDS INC.
Type: Corporation File Number: C9852-2002
State: NEVADA Incorporated On: April 18, 2002
Status: Current list of officers on file
Corp Type: Regular
Resident Agent: LAW OFFICES OF THOMAS C. COOK, LTD.
(Accepted)
Address: 4955 S. DURANGO SUITE 214 LAS VEGAS NV 89113
President: URBAN CASAVANT
Address: 1489 WARM SPRINGS, SUITE 110 HENDERSON NV 89014
Secretary: COREY KLASSEN
Address: 1489 WARM SPRINGS, SUITE 110 HENDERSON NV 89014
Treasurer: COREY KLASSEN
Address: 1489 WARM SPRINGS, SUITE 110 HENDERSON NV 89014
Transfer Agent
1st Global Stock Transfer, LLC Las Vegas, NV 89117
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
Company News and Press Releases From Other Sources:
Intersection of Kimberlitic Rock Announced by U.S. Canadian Minerals, Inc.
Apr 6 2004 6:00AM ET
U.S. Canadian Minerals Inc. Announces Intersection of Kimberlitic Rock
Apr 5 2004 4:30PM ET
CMKM Diamonds Inc. Announces 'Carolyn Pipe' at 900+ Feet and Still in Kimberlite
Mar 30 2004 4:34PM ET
CMKM Diamonds Inc. Announces 'Carolyn Pipe' Update
Mar 29 2004 3:27PM ET
CMKM Diamonds Inc. Announces 'Carolyn Pipe' Update
Mar 29 2004 3:20PM ET
U.S. Canadian Minerals Announces Option
Mar 29 2004 12:48PM ET
U.S. Canadian Minerals Announces Option
Mar 29 2004 12:40PM ET
CMKM Diamonds, Inc. Announces Kimberlite Ore Discovery
Mar 29 2004 11:09AM ET
CMKM Diamonds Inc. Announces Drilling Video Footage Now Available on the Company Web Site http://casavantmining.com/Video/CMKX%20DRILLING.swf
Mar 23 2004 1:50PM ET
CMKM Diamonds, Inc. Announces Joint Venture Option Agreement With United Carina Resources Corp. and
Consolidated Pine Channel Gold Corp.
Mar 22 2004 10:30AM ET
((( News Links )))
http://www.casavantmining.com/news.html http://finance.yahoo.com/q?s=cmkx.pk http://www.pinksheets.com/quote/news.jsp?symbol=cmkx http://news.moneycentral.msn.com/ticker/rcnews.asp?Symbol=US%3ACMKX
I don't know why people can't seem to find this press
release as the question keeps coming up "What happen to
the JADE deal". Hey even Ms. Carol S Remond brought it up
in a so called E-mail story. (see story link below in
section Hot Off The Press)
Casvant Mining Kimberlite International Announces
Cancellation of Jade Collection.
Business Wire, April 7, 2003 http://www.findarticles.com/cf_dls/m0EIN/2003_April_7/99735835/p1/article.jhtml
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
(( OTHER CORPORATE FILINGS and INSIDERS OF INTEREST))
CASAVANT INTERNATIONAL MINING CORPORATION
Incorporated On: January 21, 2003
President: URBAN CASAVANT
Secretary: CAROLYN CASAVANT
Treasurer: EMMERSON KOCH
CMKM DIAMONDS INC.
Incorporated On: April 18, 2002
President: URBAN CASAVANT
Secretary: CORY KLASSEN
Treasurer: CORY KLASSEN
CASAVANT GOLF COMPANY
Incorporated On: January 06, 2003
President: URBAN CASAVANT
Secretary: DAVID DESORMEAU
Treasurer: DAVID DESORMEAU
BUSINESS WORKS INC.
Incorporated On: April 23, 2001
President: DAVID DESORMEAU
Secretary: ANDREA DESORMEAU
Treasurer: ANDREA DESORMEAU
SILVER FOX CAPITAL INC.
Incorporated On: February 17, 2004
President: DAVID DESORMEAU
Secretary: DAVID DESORMEAU
Treasurer: DAVID DESORMEAU
STONEHENGE INC
Incorporated On: June 01, 2001
President: DAVID DESORMEAU
Secretary: DAVID DESORMEAU
Treasurer: JON THIRIOT
INTERNATIONAL SUCCESS BUILDERS INC
Incorporated On: April 16, 1997
President: DAVID J. DESORMEAU
Secretary: ANDREA J. DESORMEAU
Treasurer: NONE LISTED
EYECANDY ENTERTAINMENT INC.
Incorporated On: August 11, 1999
Status: Revoked Corp Type: Regular
President: JOHN D. GUZMAN
Secretary: DAVID DESORMEAU
Treasurer: DAVID DESORMEAU
CASAVANT RACING CORPORATION
Incorporated On: March 10, 2004
President: DAVID DESORMEAU
Secretary: DAVID DESORMEAU
Treasurer: DAVID DESORMEAU
Click link for full filing details http://ragingbull.lycos.com/mboard/boards.cgi?board=CMKX&read=196870
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
( CMKX-treme CMKX-treme CMKX-treme CMXK-treme CMKX-treme )
Get Your Kicks (On Route 66) http://uptowncity.com/Nostalgia/Route66/TVshow/trivia.htm
____________________________________
May God Bless All.
[This message has been edited by pjreplogle (edited May 11, 2004).]
2-Does it also correlate that the thicker the kimberlite, the higher the quantity of diamonds?
3-Isn't it true that a more accurate measure of kimberlite/diamonds is not the thickness of the kimberlite but rather #of carats/kg of kimberlite. And if that measurement is high, then the thinkness of kimberlite would also be meaningful?
Re: kimberlite thickness
« Reply #1 on: 05/07/2004 at 14:56:03 »
Melvin O'Neil
yes to all the above
--------------------------------------
May God Bless All.
quote:
I have been trying to sell CMKX in Ameritrade and nothing ever happens and it's happened quite a few times when CMKX was up. Am I really in the right place to trade or should I just hang on to it. I own 4 million shares.
What are you trying to sell at? A market sell will happen immediately but you won't like the results. If you're trying to sell above .0001 with a limit order, good luck as I've been trying to for months now!
[This message has been edited by Upside (edited May 11, 2004).]
Anybody has this experience...Anybody has experience with Fidelity on this stock ?
Thanks
------------------
GLTA
Raja
Always do your DD before Investing or Daytrading
quote:
Originally posted by rajarammx:
How easy is it to buy say 3million shares at 0.0001 & sell them at 0.0002...Anybody has this experience...Anybody has experience with Fidelity on this stock ?
Thanks
I've had a limit sell order @.0002 in for a couple of months now... even though we've seen a few days riding at .0002 it hasn't executed... so, needless to say, I wouldn't recommend it
quote:
Originally posted by rajarammx:
How easy is it to buy say 3million shares at 0.0001 & sell them at 0.0002...Anybody has this experience...Anybody has experience with Fidelity on this stock ?
Thanks
not very easy at all, i tried this 3 months ago and it did not work
offshore
------------------
GLTA
Raja
Always do your DD before Investing or Daytrading
quote:
Originally posted by pjreplogle:
I have been trying to sell CMKX in Ameritrade and nothing ever happens and it's happened quite a few times when CMKX was up. Am I really in the right place to trade or should I just hang on to it. I own 4 million shares.[This message has been edited by pjreplogle (edited May 11, 2004).]
You'll have a hard time getting rid of it anyway... I have a few million too and I'm just going to hang on and see where this crazy ride takes me... besides, it's only a few hundred bucks... expensive lottery ticket, but the payoff could be huge...
quote:
Isn't a pr due out this week? Did I hear something about cmkx giving shares of some other company to their investors? What's that about?
T
Late last year or early this year (I don't remember exactly when) they had a spin out of their zinc claims and the shares were supposed to be sent to investors under the name of CMI Company. Investors were led to believe that these would be publicly tradable on the day they received them. To date the people that have them can do nothing with them. They sit in your account with no name attached to them, just a long number and as far as anyone can tell, there is no company attached to them. In effect, they are useless, at least for now anyway.
Kev
Brandon
qbid_rich@yahoo.com
-chuck
CMKX**The Chance of a Lifetime**...
Let me begin by informing you that I have 3 positions of CMKX; long-term, short-term, and examination positions. The key position that I will use for our discussion will be the examination position. This is the position I use strictly as a position to buy and sell for only observation reasons. Friday, 2 Apr 04, I sold a nice amount of my examination position as the sacrificial lamb for observation. I had to do this to observe and confirm within myself first-hand what is going on.
I will show how CMKX could easily be given a current share value of $16.80 per share, but there is much that you must first understand.
Remember as I had previously posted, there are two ways to retire shares; by either buying at discounted prices to retire them or by taking those shares from insiders to retire. Either way you must have “a” or “some” MMs on your side to make such happen. They are the ones who will create the proper market for you to do so outside of the open-market. All of this takes place at levels that the public will not be aware of what’s transpiring. This is to our ultimate benefit as shareholders as I will explain.
At such time of selling my examination position, there were no Market Makers (MMs) sitting on the bid while the best ask was .0002 cent(s) to buy shares of CMKX. Upon placing my order, almost instantly, BSIC and JEFF pop up to take over the “ask” at .0001 cent. These are the two MMs that are part of “Team CMKX.”
Soon afterwards, my order was filled, but was reflected as a buy at .0001 cent. Also, many other orders started going through right along with it at .0001 cent. All of this was transpiring still with no bid being reflected. These were shares that went towards the retirement in my opinion. This is how they are retiring shares at an accelerated amount. So all of those transactions that we have watched for days and days go through at the “ask” of .0001 cent were mostly shares being retired at an accelerated rate while being masked as orders executed at the “ask” of .0001 cent. This could not be done in the open-market.
Those shares that you had seen going through below the .0001 cent price were shareholder sells going through at the market or UC sells going through above his discounted prices of .00002 cent(s) to cover other essentials as needed.
Let’s just say, for simple math, that I sold 10 million shares while there was no “bid” and a “ask” of .0001 cent. Those shares will be reflected to appear as buys going through at .0001 cent. Why??? Because the MMs will now in-turn takes those shares and sell them to Urban from a coordinated deal at .00002 cent(s). What this does is allow for Urban to buy and retire 5 times the amount of the original amount initially reflected at the “ask” thus reflecting huge volume since .00002 x 5 = .0001 cent.
So now instead of buying 10 million to retire at .0001 cent, they were actually buying 50 million at .00002 cent(s) for the same price. Multiply this by a few more millions of shares and now you got how all of this volume has been generated over the past few months. This is how they are retiring shares at an accelerated rate. This is why we will probably have an OS of 10 billion or less.
Since all of this is not done in the open-market, only key personnel will be privy of what is transpiring. Only those with a need to know will know. So calling around asking questions will get you no answers. So do not get discouraged. This is part of a coordinated effort that is agreed upon between CMKX, the MMs, and anyone else involved with any kind of dilution that could have taken place above the .00002 cent(s) level, but lower than the .0001 cent level. So, yes in theory, we funded certain events when we bought shares at .0001 cent. No problem because it was part of growing the company.
Besides, this is the smallest levels of dilution that a shareholder could experience to contribute to certain minimal, but key funding that could ever exist. This is part of the reason why CMKX had gone to the pink sheets too.
Let’s back track for a second to paint the origination of the Casavant Maneuver. Urban at one time or another had to convince some MMs that “Team CMKX” is for real. What I think had transpired was that he proved to them that they have kimberlite and diamonds and explained to them they need for them to keep the price of CMKX suppressed until they have retired the amount of shares intended to retires along with other things coming into alignment. This was done through drilling efforts from one of CMKX’s Joint Venture partners to keep much under the wraps. The MMs that work for CMKX are BSIC and JEFF. They will jump all over the “ask” whenever any significant volume is generated to create the situation as I had just mentioned above. They will let it go when the suppression is over.
This is some thing you won’t see in a PR either. Again, this is why I think they went to the pink sheets intentionally. Much can be done legally and subliminally without being required to file such with the SEC. Everything would be done at the market created by the involved Market Makers that is not available for viewing within the public. The open-market would not have access to this situation. Doing this outside of the open-market while on the pinks allows a lot of the transactions to take place at the lowest price available at .0001 cent or lower. If they were to do this while still on the OTCBB, they would have probably had to have been doing such in the pennies range.
A similar example of what I am referring to would be how ADZR had to do such while their stock was between .016 to .10 cents. Later it hit $1.30+ per share. The CEO and others had to file warrants to purchase with the SEC at such prices all the way up until much higher prices. If they would have done their activities while on the pink sheets, they would have been able to mask certain events and would not of had to file warrants to purchase shares at .10 cents and above. They could have gotten better discounted prices for their purchases. The MM that they had working for them was GNET. I was trying to tell people the same thing that whenever they had seen GNET sitting on the “ask” keeping the price of ADZR suppressed to take such as a buying opportunity.
Now back to the situation at hand. The MMs were buying shares at .0001 for themselves and Urban for a variety of reasons. They were covering certain positions that have been naked shorted by some MMs too while some are still going to be forced to cover in due time. All of them are not on the same team. If a company is going to be successful in the market, they have got to have “a” or “some” MMs on their side to help with their stock. That’s how a stock trade. So let’s now see how CMKX should be trading.
CMKX would probably fall within the non-metallic industry as POT and ABER which I used as an example for comparison below. Here is an old post to see the comparison: http://www.ragingbull.lycos.com/mbo....cgi?board=CMKX...
You can compare apples and oranges all day to come up with why these are flawed, but this is what I have concluded as to what is transpiring. We must use the information that we have thus far to determine a CMKX fundamental value so please observe and analize below.
Potash Corp of Saskatchewan Inc (POT) last closed this past Friday 2 Apr 04 at $87.00 per share even. We will use this major mining company’s expenses to compare and contrast an amount I will use for CMKX’s expenses as a major mining operation. The last POT 10K filed on 15 Mar 04 reflected the amount of $593,700,000 to be their expenses for the year ending 2003.
(Look about in the middle of the 10K below.) http://secfilings.nasdaq.com/filing...sp?FileName=000...
For worse case scenario, I will multiply POT’s expenses by nearly 10 to round off CMKX’s expenses for a mining company coming out of research and development phase to be $5,000,000,000 in total expenses. I doubt if CMKX will come close to that amount, but this is what I will use for mathematical purposes to show the power of what we have here with CMKX.
I will use 25,000,000,000 as the worse case scenario for the amount of the outstanding shares (OS) for mathematical purposes. This is because I believe that the OS will be no higher than 25 billion although I think it could very well be 10 billion or less.
I will use as a worse case scenario the worth of $40,000,000,000 for the low side of what Dr. Hutchison had determined and stated that if CMKX began to develop into a mining company their claims could be in value of $40 to $80 billion.
(See links below to verify the $40 to $80 billion.) http://www.ragingbull.lycos.com/mbo....cgi?board=CLB0...
http://www.tradersnation.com/cmkm.shtml
With this is mind, we can calculate a worse case scenario fundamental share price for future valuation from the geologist Dr. Hutchison. Please observe the formulas as we derive our fundamental value:
Revenue – Expenses = Income
Income ÷ OS = EPS
EPS x 12 PE Ratio = Fundamental Share Price
Revenue – Expenses = Income
$40,000,000,000 - $5,000,000,000 = Income
$35,000,000,000 = Income
Income ÷ OS = EPS
$35,000,000,000 ÷ 25,000,000,000 = EPS
$1.40 = EPS
To be continued...
Loki
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#65 05-09-2004, 06:33 AM
Loki
Registered User Join Date: May 2004
Posts: 3 | Points: 45.00 (Donate)
Quiet technical but may be interesting - Part II
--------------------------------------------------------------------------------
POSTED FROM AN OTHER BOARD
EPS x 12 PE Ratio = Current Fundamental Share Price
$1.40 x 12 = Fundamental Share Value
$16.80 = Fundamental Share Price
Let’s consider a couple of more fundamental calculations with using the information thus derived from the information above to see where we are at for a fundamental share price of CMKX. Let’s view the PE Ratio logic of determination and the Market Capital Analysis.
Next, let’s look at the PE Ratio logic of determination. Somewhere between 10 and 15 seems to be a conservative PE Ratio to use as a multiple for today's normal growth expectancy. So that is why I had used 12 in the above example which sometimes vary.
Many use the PE Ratio with stocks that either possess or have the potential to posses Earnings Per Share (EPS). The PE Ratio is often considered the minimum price investors are fundamentally willing to pay for a stock when multiplied by the EPS. The PE Ratio is used to examine the relationship between a company's price per share and EPS determined by:
Share Price ÷ EPS = PE Ratio
Using the PE Ratio as a multiple to determine stock prices conveys that the PE Ratio is a general growth expectancy rate determined from an average from the top 20 to 30 companies in that particular exchange.
It is assumed that each company within that exchange will grow with the same expectancy rate under certain Fundamental Principles in relation with a company's Revenue, Expenses, and Outstanding Share structure (EPS).
Those supporting a low PE ratio believe that the lower a PE ratio, the more undervalued that stock is within the market as compared to normal growth expectancy rates from companies trading within their market. (The OTCBB is considered being within the realm of the NASDAQ.) The low PE Ratio is considered an indicator that the stock is overlooked within the market. The denominator is the variable we need to consider for determining what levels a stock should be fundamentally trading. This is why many are concerned about the OS here with CMKX.
Those supporting a high PE ratio believe that the higher a PE ratio, the more growth potential it has within the market because it's showing growth higher than the average conservative market PE ratio. It is assumed that the company would continue its normal expectant growth rate. The numerator is the variable we need to consider for determining what levels a stock should be fundamentally trading.
Here is a link to add about PE Ratio info: http://www.investopedia.com/terms/p...rningsratio.asp
The Earnings Per Share (EPS) is the amount of money that a company will give you, as a shareholder, the per share amount if the company was to distribute all net earnings to its shareholders multiplied by the normal growth expectancy ratio of price to earnings (PE Ratio). We will use the EPS from our above example of $1.40 per share to derive a share price using the PE Ratio logic.
Current CMKX PE Ratio:
Share Price ÷ EPS = PE Ratio
.0001 ÷ $1.40 = .00007 PE Ratio
Let's use the conservative PE Ratio of 12. We can now use basic algebra to convert the above results to look like such below to find the share price that CMKX should be trading at as of now:
Market’s PE Ratio of 12:
Share Price = PE Ratio x EPS
Share Price = 12 x $1.40
Share Price = $16.80 per share
CMKX Current PE Ratio of .00007:
Share Price = PE Ratio x EPS
Share Price = .00007 x $1.40
Share Price = $.000098 per share
What this is saying is that at the current share price of .0001 cent (.000098), CMKX is significantly undervalued up until it reaches $16.80 per share. With such a low PE Ratio for CMKX, it is considered an indicator that CMKX is that much overlooked within the market. The denominator is the variable we need to consider for determining what levels a stock should be fundamentally trading. This is why many are concerned about the OS here with CMKX as I had mentioned above. For these scenarios I had used an OS of 25 billion.
Let’s now look at the Market Capital analysis to determine a fundamental share price from the information above. The Market Capital is fundamentally derived by the formula below:
OS x Current Share Price = Market Capital
Something of key concern and a good sign to reflect significant strength within a company is when a company is generating more revenue than its Market Capital. The Market Capital for CMKX using to 25 billion for an OS is:
25,000,000,000 x .0001 = $2,500,000
According to the above, CMKX would have a Market Capital of $2,500,000. This shows that CMKX is grossly undervalued based on the lowest elected valuation of $40 billion by Dr. Hutchison. This means that theoretically, someone could buy CMKX for $2,500,000 at .0001 cent which was given a minimum value of $40 billion by the well renowned geologist Dr. Hutchison. Talk about an excellent deal! Let’s now apply some Algebra to this formula to determine a better fit for where CMKX should be trading by solving for X with still using 25 billion as the OS:
X = Current Share Price CMKX should be trading
OS = 25,000,000,000
Minimum Market Capital by Dr. Hutchison = $40,000,000,000
Solve for X…
OS x X = Minimum Market Capital by Dr. Hutchison
25,000,000,000 x X = $40,000,000,000
X = $40,000,000,000 ÷ 25,000,000,000
X = $1.60 cents
From this Market Cap example, CMKX should be trading at or near $1.60 cents from its minimum value given by CMKX from generating their mining operation. As you can see, even with the Market Capital analysis CMKX should be trading at the minimum of $1.60 cents per share with still having an OS of 25 billion. A reverse split would not be needed.
Personally I like the $16.80 cents rationale better, but even if I am far from being correct on my calculations, still this should put CMKX somewhere over $1.00+ at worst. To add even more if I am far off from my calculations, one still should be able to see how CMKX should at least be trading in the pennies.
Once the “suppression phase” by the MMs and the company is over, those who are not in yet will definitely be doing some serious chasing and kicking themselves for not taking the risks at these levels.
The risks have been reduced significantly for many reasons that I think I had made known in my previous posts. One thing that’s for sure, trading at these levels is a joke! Again, whenever you see BSIC and JEFF sitting at the “ask” take such as buying opportunities.
When you made the decision to invest into CMKX you made the decision to invest into the “Big Boys.” So sit back, don’t complain, don’t worry, and let the “Big Boys” do their thing. We should have completed the “this is a scam” phase a long time ago. I can’t believe that some are still exercising such thoughts.
These are only my opinions and should only be viewed as “theories” until proven to be “facts” by the company. Hang tight and hang tough because the time is nearing that CMKX will make all of us prosperous!!!
Sterling
quote:
Sold a mil. today.Had a market order go @ .0001 just to see what it would do.Keeping the rest of mine.
I'm not questioning your word here but that's the first time I've heard of that happening. Every market order that I know of has filled between .00005 and.00008.
[This message has been edited by Upside (edited May 12, 2004).]
quote:
wHAT'S THE WEB ADDRESS WITH THE SEC WHERE YOU CAN FILE A COMPLAINT....MAYBE YOU GUYS SHOULD ALL GET TOGETHER AND FILE A COMPLAINT WITH THE SEC.
CASSAVANT I BELIEVE IS A FRAUD BUT I FEEL REALLY BAD FOR MY FELLOW TRADERS..NO JOKE I WAS THERE AND I DON'T WANT NO ONE TO BE SWINDLED OUT OF THEIR MONEY BECAUSE OF SOME FRAUDULENT COMPANY...
BE CAREFUL BROTHERS...
Careful of what you post vado. Last time I posted my thoughts on this company I was called feeble, amateurish, elementary school, and threatened with federal prosecution!(it's on page 9 if you care to check it out). I guess this is a thread where if you're not a cheerleader, you can't post. Good luck guys and vado, maybe we'll wind up sharing a cell together in the federal pen!
Score:
Believers: 0
Non-believers: 1
[This message has been edited by VNGNTN1 (edited May 12, 2004).]
quote:
Originally posted by Upside:
Counting bashers as the same group as nons, and pumpers as the same group as believers. Hey DQR, do you think we can coax Bart into coming out and playing tonight?
wouldn't that be fun, lol. Kinda doubt it, pretty sure he's still limping from the last encounter.
Baaaaaa'rt what's your vote? I know you're in this stock or so you say.
IF YOU CAN'T AFFORDTO LOSE IT...DON'T USE IT!!!
[This message has been edited by Upside (edited May 13, 2004).]
Maybe you should make a new catagory for me, lol
quote:
Originally posted by DiQuiRiesco:
wouldn't that be fun, lol. Kinda doubt it, pretty sure he's still limping from the last encounter.
The deal was for no QBID threads, right?!
quote:
Originally posted by pharmdman:
The deal was for no QBID threads, right?!
YOU ARE BAD TO THE BONE! LOL DOES ANYONE EVERY SLEEP AROUND HERE??
I VOTE NOT..HAD MY SHARES FOR SALE AT .0002 FOR ABOUT A YEAR NOW AND THEY STILL HAVE NOT SOLD. ONCE I LOOKED THE SHARES WERE WORTH .00004. YOU NOTICE THAT IT ACTUALLY GOES TO 0000000 ON THE SCREEN.
RIGHT NOW IT SAYS .0002 BUT IN REALITY IT IS ONLY .00011.
AOL CHARTS IS THE ONLY CHART THAT I HAVE EVER SEEN THAT ACTUALLY TELLS YOU EXACTLY WHERE THE STOCK IS AT TO THE .OOOOO NUMBER.
I WANT 5 NAY VOTES BECAUSE I OWN $500.00 WORTH. I SHOULD HAVE BOUGHT LOTTO TICKETS. LOL
BUT WHO KNOWS. IT COULD RUN UP TO .001 AND I WOULD HAVE 10 THOUSAND DOLLARS.
NOW ABOUT 2 YEARS AGO I BOUGHT AND SOLD CMKM FOR .0001 AND SOLD FOR .0002 ABOUT 3 TIMES AT $500.00 EACH TIME OR 100%. IT WOULD TAKE ABOUT 2 WEEKS TO EXECUTE EACH TIME. DID THE SAME THING WITH PCBM. I JUST DID NOT GET STUCK WITH PCBM.
IT IS JUST THE SHELL GAME AND WE ALL KNOW THAT SHELLS MOVE EVERY NOW AND AGAIN. I DO BELIEVE THIS COMPANY IS A FRAUD. I THINK IF A PERSON WANTS TO READ ON THE OLD CMKM THREADS IT MORE THAN VERIFIED BY MICRODAYTRADER. JMHO
------------------
DIANA
Now, I see two things from this. First, the current value of that stock is only $60 Grand at this point. I would think when the escrow period is over that he would want that stock to be worth alot more than a measley $60 Grand. The second thing it tells me is that he would also want to be the significant stock holder of his company when the escrow ends and right now the thought is that 600 Million Shares is a drop in the bucket compared to what most think is the outstanding share total.
From both of these, I feel that, as others predicted, that they are doing a buy back behind the scenes and that the outstanding share total will be under the 10 billion share mark. If you figure the math, if Urban wants to even own 10% of all oustanding shares that means that number can't be over 6 billion shares. Now, as I said, I am new to this so if please show me where I might be wrong.
4 out of 5 of those "alleged" non believers are QBID investors. QBID has lost 63% of it's value in the past 30 days. They are scared. It is true QBID has risen from the same level as CKMX from .0001 in the beginning of February, but many (likely those posintg) got in at higher levels. Any threat, such as CMKX will result further selloff of QBID, thus the meaningless posts you see.
1.9 million acres of land has value. 1.9 million acres of land with diamonds within large kimberlite formations has value. From the first series of drillings, hundreds of feet of kimberlite were found in 2 holes. Positive findings project a value on the diamonds found and mined in that area. It will also conjure initial estimates of the value of the 1.9 million acres.
Some Yes or No questions for the scared QBID'ers:
Was QBID ever at .0001?
Was QBID ever at .0001 and .0002 for long periods of time? (hint: pull up a 2 year chart)
Were people bashing the stock for all or any part of those 2 years?
Is QBID still not a network on cable or satellite?
Has QBID still earned no revenue from any endeavour?
The answer of course is yes to all. The impetus of the last 3 months has made some people rich, but any who invested in QBID this past month are hurting today. Unlike you, I hope your investment in QBID does well for you.
To bash a company at .0001 with good potential for great gains makes little sense. Fear is your obvious motive, but it shouldn't be. Profit takers from the CMKX ride will flow toward QBID and many other investments.
My best to all. Bo
[This message has been edited by Bo14172 (edited May 13, 2004).]
[This message has been edited by Bo14172 (edited May 13, 2004).]
If there are diamonds found on this site, the value of the 1.9 million acres, the diamonds themselves and the future will be strongly reflected. And, much like QBID when it emerged from .0001, CMKX is in business and will never look back.
quote:
Some Yes or No questions for the scared QBID'ers:Was QBID ever at .0001?
Was QBID ever at .0001 and .0002 for long periods of time? (hint: pull up a 2 year chart)
Were people bashing the stock for all or any part of those 2 years?
Is QBID still not a network on cable or satellite?
Has QBID still earned no revenue from any endeavour?
Yes, Yes, Yes, Yes, and Yes.
Next question: Is Upside invested in QBID?
No. Read the threads, you won't find me on them.
Last question: In our high school drop out game, can I assume you are a believer?
[This message has been edited by highwaychild (edited May 13, 2004).]
If your many posts found on the "QBID are the rats leaving the ship" thread don't count, then you'd be right. Bashing Bart is sport for a few, but in the case for QBID when he started the thread, he has been right at least at the close of this trading day. He's unorthodox, but more times than not he's been amazingly on the money.
Like you, I hold shares in CMKX.
quote:
Upside...
If your many posts found on the "QBID are the rats leaving the ship" thread don't count, then you'd be right. Bashing Bart is sport for a few, but in the case for QBID when he started the thread, he has been right at least at the close of this trading day. He's unorthodox, but more times than not he's been amazingly on the money.Like you, I hold shares in CMKX.
In relation to this conversation, no, they don't count. You're right, that was sport for a few, myself and two others who finally took someone to task over some things he's posted. He had it coming. Read the thread. No where do I mention owning QBID, and if you check the REAL threads you will not find me there.
I only have a hundred or so bux in this stock - if it never goes anywhere oh well.
Melvin,
Can you please confirm the following conversation that is copied from a Raging Bull post:
Melvin's latest phone call from another board:
This just in: I hung up from Melvin 5 minutes ago. He returned my call from about an hour ago. I called to ask him why CMKX was no longer sponsoring the Chicago race. He ask me where did I get my information stating that they were sponsoring the race in the first place since CMKX had not issued a PR stating such. I told him that I picked up the info from a message board. He said, "Well there's your answer". "Unless you hear it from us, it's still just speculation".
I then ask Melvin about the initial reaction to the kimberlite samples. He said, "Let me put it to you this way, were not waiting on the samples to come back, were waiting to start counting the diamonds!" I ask him to elaborate. He continued: "When the samples first came out of the earth, the eyes of the geologist lit up like a Christmas Tree." He told me to be patient and wait on a PR, it want be long.
That was the entire conversation. Take it however you like, I'm just the messenger of the messenger.
firefighter
quote:
Originally posted by flashovertx:
Thanks for the info..Yes, I will try and buy more shares. Like everyone is saying with this pick is that even for a little investment, there is HUGE potential here I believe....
BINGO. 007
quote:
The company is obvious in a quiet period, actually I confirmed that with a discussion with Melvin from CMKX today, so you gotta figure a couple of things 1. Share retirement 2. Merger deal 3. Substantial news about Diamond fiind which they are waiting for the full details of the core sampling.
Or it could be: 1. No diamonds 2. Selling everything off right down to the fax machine 3. Absconding with all of the company funds. 4. Heading abroad.
quote:
Originally posted by Upside:
In relation to this conversation, no, they don't count. You're right, that was sport for a few, myself and two others who finally took someone to task over some things he's posted. He had it coming. Read the thread. No where do I mention owning QBID, and if you check the REAL threads you will not find me there.
UPSIDE: Please come back to the QBID thread where I am at. Read my last statement that I put out tonight. I think you might find it very interesting. Waiting for you.
quote:
Upside wrote: Or it could be: 1. No diamonds 2. Selling everything off right down to the fax machine 3. Absconding with all of the company funds. 4. Heading abroad.
---------------------------------------------
Do you seriously think that UCAD and Debeers are knocking themselves out to get land and claims in the Fort de la Corne area because the unbelievably large deposits of kimberlite have no diamonds? Do you think UCAD purchased a percentage of CMKX's claims because they didn't have any hope of finding diamonds and they thought they could gift CMKX the moeny to help them pack up the rest of the shareholder funds as they are heading abroad?
---------------------------------------------
This company and or stock may not make anyone any money but I do believe they own the rights to mineral claims on 1.9 million acres of the most coveted kimberlite rich land in Canada. The kimberlite in that area is loaded with gem quality diamonds I think the odds are 1 out of 33 for diamonds to be found in the kimberlite pipes in the area. Out of the 1.9 million acres I cannot even guess how many kimberlite pipes there are. If one out of 33 is diamond rich. This should be good.
---------------------------------------------
It was easy to buy 1M shares at a time. As far as selling goes when a bid is posted you can sell. The bid is rarely posted. When the ask is .0002 the bid has been not given or it has been .0001. Not given would get you between .00002-.00005 I think. The bid did post at .0002 in the last few months when the ask was .0003 and some did sell at .0002 and some were happy to get out at .0001.
---------------------------------------------
I am waiting for the news of diamonds and the share count. If it is good this should at least hit .01. With almost 5M shares that would be $50,000 from a $500 investment. I think it is worth the price of admission. If it goes to zero I will deduct it from my taxes and move on. This is what I am doing -it is not a recommendation to anyone but if you understand how diamonds are found in kimberlite and this particular area in Canada, you may agree the reward out weighs the risk. I am in. DD-IMO-GLTA-Debi
Debi, first thing, I respect you, your thoughts and opinions, and what you are doing here. There's not a whole lot of people left who are willing to put time and effort into researching a stock and trying to help people out but you are one of them. Secondly, my last post was intended as somewhat of a joke. Though I know it was out of line, there is a grain of truth in it, at least in my opinion. The thing is, have you noticed how many new investors there are here who will latch onto any stock that's cheap? This thread has caused many people to throw their money away (my opinion) and I am just trying to show the opposing viewpoint. If something happens with this stock and everyone strikes it rich (myself included) I will be the first one to admit I was wrong but until this company proves that they are real and they actually show they have the interests of the shareholders at heart, I will remain in the non-believers group.
This is from the RB board..someones supposed conversation with Melvin today...this is not mine.
From: "Alvin" <aholt532003@yahoo.com> Add to Address Book
Date: Thu, 13 May 2004 17:24:17 -0000
Subject: [CMKXtreme] MELVIN SAYS WE HAVE DIAMONDS
By: swwstn
13 May 2004, 01:21 PM EDT
Msg. 228169 of 228170
Jump to msg. #
Melvin's latest phone call from another board:
This just in: I hung up from Melvin 5 minutes ago. He returned my
call from about an hour ago. I called to ask him why CMKX was no
longer sponsoring the Chicago race. He ask me where did I get my
information stating that they were sponsoring the race in the first
place since CMKX had not issued a PR stating such. I told him that I
picked up the info from a message board. He said, "Well there's your
answer". "Unless you hear it from us, it's still just speculation".
I then ask Melvin about the initial reaction to the kimberlite
samples. He said, "Let me put it to you this way, were not waiting
on the samples to come back, were waiting to start counting the
diamonds!" I ask him to elaborate. He continued: "When the samples
first came out of the earth, the eyes of the geologist lit up like a
Christmas Tree." He told me to be patient and wait on a PR, it want
be long.
In the past CMKX didn't have the funding it is getting now from many investors but now that they do, I feel they have a better chance at making this company work. It would be nice however, if someone could go up and see what is going on. I bought CMKM before the split and I got my extra free shares with etrade.
Go Extreme Diamonds!!!!
My main question what broker are you using to put market orders in for pinkies or otcbb stocks.
Brandon
Upside, I can understand your position at this time but keep a lookout for the PR so you can at least get in before it runs IF the news is what I Think it will be. I think we know more about this company then others at .0001-.0008 range. Plus all the higher priced stocks are all in red lately so its funny that the riskier stocks seem to be more solid for gains then normal.
This is not my info (hope is not copyrighted)
Stages in Diamond Exploration
Target :
Primary diamond deposits: kimberlites (or lamproites, much less common)
Preliminary stage - few weeks
Area selection: Diamond-bearing kimberlites tend to be located on Archean cratons, unaffected by any Major tectonic event or granitisation for at least 2,5 billion years. Extensional fracturing, extensions of oceanic transform faults, hotspot tracks, cover of the craton by horizontal sedimentary layers can all be favourable, as is limited previous exploration activity for diamonds.
Stage 1 - 6 to 12 months
Regional survey, using airborne geophysics or regional indicator mineral sampling. Purpose is to find in large cratonic areas, covering several 10,000 square km, magnetic anomalies or indicator mineral trails that may lead to kimberlites. Initially a kimberlite province might be detected of say 30 by 30 km in size.
Stage 2 - 1 to 2 years (depending on number of targets found)
Detailed ground follow-up of magnetic anomalies and indicator mineral trails by ground magnetics, closely spaced indicator mineral sampling, drilling and trenching, in view of discovering the individual kimberlite pipes in the kimberlite province.
Stage 3 - 3 months
After the discovery of a kimberlite pipe, initial samples are sent for microdiamond content and indicator mineral composition to assess possible diamond content and then study of the size distribution of the microdiamonds and extrapolate toward the grade of commercial-sized diamonds.
Stage 4 - 6 months
If microdiamond results are promising, bulk testing of the kimberlites is undertaken to assess the grade of the commercial-sized diamonds and their average value.
Stage 5 - 3 months
If average value content seems better than US$ 40/tonne and near-surface tonnages exceed several million tonnes, start pre-feasibility study, with more drilling, delineation drilling, geotechnical drilling and more bulk sampling to firm up tonnages, grade and value (resources) estimates.
Stage 6 - 6 months
Full feasibility study and permitting (environmental, legal, etc.), with detailed mine planning
Stage 7 - 2 years
Mine and plant construction, infrastructure works
Stage 8 -4 to 6 years from the initiation of exploration, production should start-up.
Just keeping CMKX on top! :-)))
quote:
Originally posted by flashovertx:
Hey furry....
I have had an open order for this stock at .0001 on lowtrades for 3 days and the stock hasnt purchased once......any ideas??
What size order is it? All or None right? a 500k order should go through... Just logout of lowtrades.. that seems to help.. LOL Man I wish they'd email me when stuff sold/bought...
Brandon
quote:
Originally posted by chshore:
I'm still new at this stuff but, would a reverse split have any effect on the value of the stock? For instance i have $150 worth and if it reverse split would i still have $150 but at a higher price per share, or how does that work?
basicly,that's how it works.Your $ goes up or down from there.
'I'd dissagree with this statement. It CAN go lower. Using the $500 @ .0001 example you would own 5,000,000 shares. Now suppose there is a 1:1000 Reverse Split. You now own 5,000 shares at .10. Now the stock can go lower (all the way back to .0001) and your $500 is now $.50!
------------------
~,-,-< GatorMan'
And if he is, how can they allow such a thing!
[This message has been edited by highwaychild (edited May 14, 2004).]
May God Bless All.
Thursday morning I told Melvin that Daryl was telling too many people correct information. I told Melvin he needs to tell UC this asap, so when friday moring rolled around I ask Melvin what UC thought about it and he said he had'nt talk to him yet and then I explained the severity of this Dire situation and that it was imperative for Melvin to speak with UC as soon as we hang up. He did.
UC being a Smart Man shut down main information stream on 4-5 different Major boards. Loose Lips Sink ships. Daryl was the cause for this so dont blame Bashers/pumpers. Folks we are at the end game on old CMKX and at the beginning game on CMKM Diamonds "ongoing Concern Phase" in otherwords This is about to get 100 times bigger than the 1800's California Gold Rush.
In 200 Years this will be in History books. Folks what ever we now collectively lets keep it off these boards. This is our Future and we now stand to loose a Great deal. so I request that we all Police ourselves if one see's one out of line we collectively put him/her back inline and on right track.
Folks we need to "Swim Like a School of Fish" here. We can all be Multimillionaires or take a Loss on a Halted Stock, UC needs our Support "Right Now" today...After this Post to keep this train going. Loose Lips Sink Ships. Drastic measures were taken yesterday because drastic situation was developing. I Promise to do all I can to Help UC. Mr. Casavant has My 1000% Support from here on out. Folks UC needs YOU. Can you support your Investment? I can Hooah!
Frank
__________________________________
May God Bless All.
quote:
Originally posted by Bam Bam 17:
I Promise to do all I can to Help UC. Mr. Casavant has My 1000% Support from here on out. Folks UC needs YOU. Can you support your Investment?
I'm with ya!
Good or Bad
So, who knows why the hush hush.....
The way I look at it is. If the DeBeers wanted to know anything about these people. They can obtain that info without adoubt.
So why the hush hush?
Explain to me something other then the post above.
-chuck
[This message has been edited by $CashMaker$ (edited May 15, 2004).]
Briwadd
It's NOT imo. There are a Gazillion Billion Million Trillion shares out!
You can BUY all you want at .0001 - but you can't Sell any.
Good Luck.....This is what we call the Lottery Stock - better chance of winning a lottery than making money here!
--------------------------------------------------------------------------------
I had to post this one, I found it rather unusual, wether to believe it or not, but it sure got my attention.
--------------------------------------------------------------------------------
This is from the RB board..some ones supposed conversation with Melvin today...this is not mine.
From: "Alvin" <aholt532003@yahoo.com> Add to Address Book
Date: Thu, 13 May 2004 17:24:17 -0000
Subject: [CMKXtreme] MELVIN SAYS WE HAVE DIAMONDS
By: swwstn
13 May 2004, 01:21 PM EDT
Msg. 228169 of 228170
Jump to msg. #
Melvin's latest phone call from another board:
This just in: I hung up from Melvin 5 minutes ago. He returned my
call from about an hour ago. I called to ask him why CMKX was no
longer sponsoring the Chicago race. He ask me where did I get my
information stating that they were sponsoring the race in the first
place since CMKX had not issued a PR stating such. I told him that I
picked up the info from a message board. He said, "Well there's your
answer". "Unless you hear it from us, it's still just speculation".
I then ask Melvin about the initial reaction to the kimberlite
samples. He said, "Let me put it to you this way, were not waiting
on the samples to come back, were waiting to start counting the
diamonds!" I ask him to elaborate. He continued: "When the samples
first came out of the earth, the eyes of the geologist lit up like a
Christmas Tree." He told me to be patient and wait on a PR, it want
be long.
That was the entire conversation. Take it however you like, I'm just
the messenger of the messenger.
[This message has been edited by $CashMaker$ (edited May 15, 2004).]
--------------------------------------------------------------------------------
Melvin finally responded to this and confirmed the conversation took place and that was what he said.
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POSTED FROM AN OTHER BOARD
CMKX**The Chance of a Lifetime**...
Let me begin by informing you that I have 3 positions of CMKX; long-term, short-term, and examination positions. The key position that I will use for our discussion will be the examination position. This is the position I use strictly as a position to buy and sell for only observation reasons. Friday, 2 Apr 04, I sold a nice amount of my examination position as the sacrificial lamb for observation. I had to do this to observe and confirm within myself first-hand what is going on.
I will show how CMKX could easily be given a current share value of $16.80 per share, but there is much that you must first understand.
Remember as I had previously posted, there are two ways to retire shares; by either buying at discounted prices to retire them or by taking those shares from insiders to retire. Either way you must have “a” or “some” MMs on your side to make such happen. They are the ones who will create the proper market for you to do so outside of the open-market. All of this takes place at levels that the public will not be aware of what’s transpiring. This is to our ultimate benefit as shareholders as I will explain.
At such time of selling my examination position, there were no Market Makers (MMs) sitting on the bid while the best ask was .0002 cent(s) to buy shares of CMKX. Upon placing my order, almost instantly, BSIC and JEFF pop up to take over the “ask” at .0001 cent. These are the two MMs that are part of “Team CMKX.”
Soon afterwards, my order was filled, but was reflected as a buy at .0001 cent. Also, many other orders started going through right along with it at .0001 cent. All of this was transpiring still with no bid being reflected. These were shares that went towards the retirement in my opinion. This is how they are retiring shares at an accelerated amount. So all of those transactions that we have watched for days and days go through at the “ask” of .0001 cent were mostly shares being retired at an accelerated rate while being masked as orders executed at the “ask” of .0001 cent. This could not be done in the open-market.
Those shares that you had seen going through below the .0001 cent price were shareholder sells going through at the market or UC sells going through above his discounted prices of .00002 cent(s) to cover other essentials as needed.
Let’s just say, for simple math, that I sold 10 million shares while there was no “bid” and a “ask” of .0001 cent. Those shares will be reflected to appear as buys going through at .0001 cent. Why??? Because the MMs will now in-turn takes those shares and sell them to Urban from a coordinated deal at .00002 cent(s). What this does is allow for Urban to buy and retire 5 times the amount of the original amount initially reflected at the “ask” thus reflecting huge volume since .00002 x 5 = .0001 cent.
So now instead of buying 10 million to retire at .0001 cent, they were actually buying 50 million at .00002 cent(s) for the same price. Multiply this by a few more millions of shares and now you got how all of this volume has been generated over the past few months. This is how they are retiring shares at an accelerated rate. This is why we will probably have an OS of 10 billion or less.
Since all of this is not done in the open-market, only key personnel will be privy of what is transpiring. Only those with a need to know will know. So calling around asking questions will get you no answers. So do not get discouraged. This is part of a coordinated effort that is agreed upon between CMKX, the MMs, and anyone else involved with any kind of dilution that could have taken place above the .00002 cent(s) level, but lower than the .0001 cent level. So, yes in theory, we funded certain events when we bought shares at .0001 cent. No problem because it was part of growing the company.
Besides, this is the smallest levels of dilution that a shareholder could experience to contribute to certain minimal, but key funding that could ever exist. This is part of the reason why CMKX had gone to the pink sheets too.
Let’s back track for a second to paint the origination of the Casavant Maneuver. Urban at one time or another had to convince some MMs that “Team CMKX” is for real. What I think had transpired was that he proved to them that they have kimberlite and diamonds and explained to them they need for them to keep the price of CMKX suppressed until they have retired the amount of shares intended to retires along with other things coming into alignment. This was done through drilling efforts from one of CMKX’s Joint Venture partners to keep much under the wraps. The MMs that work for CMKX are BSIC and JEFF. They will jump all over the “ask” whenever any significant volume is generated to create the situation as I had just mentioned above. They will let it go when the suppression is over.
This is some thing you won’t see in a PR either. Again, this is why I think they went to the pink sheets intentionally. Much can be done legally and subliminally without being required to file such with the SEC. Everything would be done at the market created by the involved Market Makers that is not available for viewing within the public. The open-market would not have access to this situation. Doing this outside of the open-market while on the pinks allows a lot of the transactions to take place at the lowest price available at .0001 cent or lower. If they were to do this while still on the OTCBB, they would have probably had to have been doing such in the pennies range.
A similar example of what I am referring to would be how ADZR had to do such while their stock was between .016 to .10 cents. Later it hit $1.30+ per share. The CEO and others had to file warrants to purchase with the SEC at such prices all the way up until much higher prices. If they would have done their activities while on the pink sheets, they would have been able to mask certain events and would not of had to file warrants to purchase shares at .10 cents and above. They could have gotten better discounted prices for their purchases. The MM that they had working for them was GNET. I was trying to tell people the same thing that whenever they had seen GNET sitting on the “ask” keeping the price of ADZR suppressed to take such as a buying opportunity.
Now back to the situation at hand. The MMs were buying shares at .0001 for themselves and Urban for a variety of reasons. They were covering certain positions that have been naked shorted by some MMs too while some are still going to be forced to cover in due time. All of them are not on the same team. If a company is going to be successful in the market, they have got to have “a” or “some” MMs on their side to help with their stock. That’s how a stock trade. So let’s now see how CMKX should be trading.
CMKX would probably fall within the non-metallic industry as POT and ABER which I used as an example for comparison below. Here is an old post to see the comparison: http://www.ragingbull.lycos.com/mbo....cgi?board=CMKX...
You can compare apples and oranges all day to come up with why these are flawed, but this is what I have concluded as to what is transpiring. We must use the information that we have thus far to determine a CMKX fundamental value so please observe and analize below.
Potash Corp of Saskatchewan Inc (POT) last closed this past Friday 2 Apr 04 at $87.00 per share even. We will use this major mining company’s expenses to compare and contrast an amount I will use for CMKX’s expenses as a major mining operation. The last POT 10K filed on 15 Mar 04 reflected the amount of $593,700,000 to be their expenses for the year ending 2003.
(Look about in the middle of the 10K below.) http://secfilings.nasdaq.com/filing...sp?FileName=000...
For worse case scenario, I will multiply POT’s expenses by nearly 10 to round off CMKX’s expenses for a mining company coming out of research and development phase to be $5,000,000,000 in total expenses. I doubt if CMKX will come close to that amount, but this is what I will use for mathematical purposes to show the power of what we have here with CMKX.
I will use 25,000,000,000 as the worse case scenario for the amount of the outstanding shares (OS) for mathematical purposes. This is because I believe that the OS will be no higher than 25 billion although I think it could very well be 10 billion or less.
I will use as a worse case scenario the worth of $40,000,000,000 for the low side of what Dr. Hutchison had determined and stated that if CMKX began to develop into a mining company their claims could be in value of $40 to $80 billion.
(See links below to verify the $40 to $80 billion.) http://www.ragingbull.lycos.com/mbo....cgi?board=CLB0...
http://www.tradersnation.com/cmkm.shtml
With this is mind, we can calculate a worse case scenario fundamental share price for future valuation from the geologist Dr. Hutchison. Please observe the formulas as we derive our fundamental value:
Revenue – Expenses = Income
Income ÷ OS = EPS
EPS x 12 PE Ratio = Fundamental Share Price
Revenue – Expenses = Income
$40,000,000,000 - $5,000,000,000 = Income
$35,000,000,000 = Income
Income ÷ OS = EPS
$35,000,000,000 ÷ 25,000,000,000 = EPS
$1.40 = EPS
To be continued...
Loki
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#65 05-09-2004, 06:33 AM
Loki
Registered User Join Date: May 2004
Location: Belgium
Posts: 4 | Points: 60.00 (Donate)
Quiet technical but may be interesting - Part II
--------------------------------------------------------------------------------
POSTED FROM AN OTHER BOARD
EPS x 12 PE Ratio = Current Fundamental Share Price
$1.40 x 12 = Fundamental Share Value
$16.80 = Fundamental Share Price
Let’s consider a couple of more fundamental calculations with using the information thus derived from the information above to see where we are at for a fundamental share price of CMKX. Let’s view the PE Ratio logic of determination and the Market Capital Analysis.
Next, let’s look at the PE Ratio logic of determination. Somewhere between 10 and 15 seems to be a conservative PE Ratio to use as a multiple for today's normal growth expectancy. So that is why I had used 12 in the above example which sometimes vary.
Many use the PE Ratio with stocks that either possess or have the potential to posses Earnings Per Share (EPS). The PE Ratio is often considered the minimum price investors are fundamentally willing to pay for a stock when multiplied by the EPS. The PE Ratio is used to examine the relationship between a company's price per share and EPS determined by:
Share Price ÷ EPS = PE Ratio
Using the PE Ratio as a multiple to determine stock prices conveys that the PE Ratio is a general growth expectancy rate determined from an average from the top 20 to 30 companies in that particular exchange.
It is assumed that each company within that exchange will grow with the same expectancy rate under certain Fundamental Principles in relation with a company's Revenue, Expenses, and Outstanding Share structure (EPS).
Those supporting a low PE ratio believe that the lower a PE ratio, the more undervalued that stock is within the market as compared to normal growth expectancy rates from companies trading within their market. (The OTCBB is considered being within the realm of the NASDAQ.) The low PE Ratio is considered an indicator that the stock is overlooked within the market. The denominator is the variable we need to consider for determining what levels a stock should be fundamentally trading. This is why many are concerned about the OS here with CMKX.
Those supporting a high PE ratio believe that the higher a PE ratio, the more growth potential it has within the market because it's showing growth higher than the average conservative market PE ratio. It is assumed that the company would continue its normal expectant growth rate. The numerator is the variable we need to consider for determining what levels a stock should be fundamentally trading.
Here is a link to add about PE Ratio info: http://www.investopedia.com/terms/p...rningsratio.asp
The Earnings Per Share (EPS) is the amount of money that a company will give you, as a shareholder, the per share amount if the company was to distribute all net earnings to its shareholders multiplied by the normal growth expectancy ratio of price to earnings (PE Ratio). We will use the EPS from our above example of $1.40 per share to derive a share price using the PE Ratio logic.
Current CMKX PE Ratio:
Share Price ÷ EPS = PE Ratio
.0001 ÷ $1.40 = .00007 PE Ratio
Let's use the conservative PE Ratio of 12. We can now use basic algebra to convert the above results to look like such below to find the share price that CMKX should be trading at as of now:
Market’s PE Ratio of 12:
Share Price = PE Ratio x EPS
Share Price = 12 x $1.40
Share Price = $16.80 per share
CMKX Current PE Ratio of .00007:
Share Price = PE Ratio x EPS
Share Price = .00007 x $1.40
Share Price = $.000098 per share
What this is saying is that at the current share price of .0001 cent (.000098), CMKX is significantly undervalued up until it reaches $16.80 per share. With such a low PE Ratio for CMKX, it is considered an indicator that CMKX is that much overlooked within the market. The denominator is the variable we need to consider for determining what levels a stock should be fundamentally trading. This is why many are concerned about the OS here with CMKX as I had mentioned above. For these scenarios I had used an OS of 25 billion.
Let’s now look at the Market Capital analysis to determine a fundamental share price from the information above. The Market Capital is fundamentally derived by the formula below:
OS x Current Share Price = Market Capital
Something of key concern and a good sign to reflect significant strength within a company is when a company is generating more revenue than its Market Capital. The Market Capital for CMKX using to 25 billion for an OS is:
25,000,000,000 x .0001 = $2,500,000
According to the above, CMKX would have a Market Capital of $2,500,000. This shows that CMKX is grossly undervalued based on the lowest elected valuation of $40 billion by Dr. Hutchison. This means that theoretically, someone could buy CMKX for $2,500,000 at .0001 cent which was given a minimum value of $40 billion by the well renowned geologist Dr. Hutchison. Talk about an excellent deal! Let’s now apply some Algebra to this formula to determine a better fit for where CMKX should be trading by solving for X with still using 25 billion as the OS:
X = Current Share Price CMKX should be trading
OS = 25,000,000,000
Minimum Market Capital by Dr. Hutchison = $40,000,000,000
Solve for X…
OS x X = Minimum Market Capital by Dr. Hutchison
25,000,000,000 x X = $40,000,000,000
X = $40,000,000,000 ÷ 25,000,000,000
X = $1.60 cents
From this Market Cap example, CMKX should be trading at or near $1.60 cents from its minimum value given by CMKX from generating their mining operation. As you can see, even with the Market Capital analysis CMKX should be trading at the minimum of $1.60 cents per share with still having an OS of 25 billion. A reverse split would not be needed.
Personally I like the $16.80 cents rationale better, but even if I am far from being correct on my calculations, still this should put CMKX somewhere over $1.00+ at worst. To add even more if I am far off from my calculations, one still should be able to see how CMKX should at least be trading in the pennies.
Once the “suppression phase” by the MMs and the company is over, those who are not in yet will definitely be doing some serious chasing and kicking themselves for not taking the risks at these levels.
The risks have been reduced significantly for many reasons that I think I had made known in my previous posts. One thing that’s for sure, trading at these levels is a joke! Again, whenever you see BSIC and JEFF sitting at the “ask” take such as buying opportunities.
When you made the decision to invest into CMKX you made the decision to invest into the “Big Boys.” So sit back, don’t complain, don’t worry, and let the “Big Boys” do their thing. We should have completed the “this is a scam” phase a long time ago. I can’t believe that some are still exercising such thoughts.
These are only my opinions and should only be viewed as “theories” until proven to be “facts” by the company. Hang tight and hang tough because the time is nearing that CMKX will make all of us prosperous!!!
Sterling
[This message has been edited by $CashMaker$ (edited May 15, 2004).]
Now, this is not a bash. I own 10M shares of CMKX and believe that this company will become a money maker at some point. But I am a realist.
The flaw I beleive I've discovered is the use of the property value ($40,000,000,000) to derive the pps. The way the way the calculation is being done, using a PE ratio, is assuming that all $40B is produced in one year. It will not be. In fact it will take many years to mine the property. Convince me I'm wrong and I'll be happy to admit it publicaly, but I think we have someone (not cashmaker since he copied from another board) who is really streatching things way out of shape to "prove" this is a more fantastic opportuntity than it really is.
------------------
~,-,-< GatorMan
you left out in the cold right now?
Dam bro...I be prayin for ya
sorry wrong board... meant to be on qbid board
Brandon
[This message has been edited by brandwilliams (edited May 15, 2004).]
The flaw I beleive I've discovered is the use of the property value ($40,000,000,000) to derive the pps. The way the way the calculation is being done, using a PE ratio, is assuming that all $40B is produced in one year. It will not be. In fact it will take many years to mine the property. Convince me I'm wrong and I'll be happy to admit it publicaly, but I think we have someone (not cashmaker since he copied from another board) who is really streatching things way out of shape to "prove" this is a more fantastic opportuntity than it really is.
------------------
~,-,-< GatorMan
---------------------------------------------
Gator-you are da Man. That was my immediate thought too. That is the low guesstimate value of the main diamond claims value. I don't know if you saw my post a few pages back but I gave my own guesstimate of value per share if diamonds worth $40B are there. I came up with about .01-.02 cents based on 500B shares -it may be less (or more) , 40Bvalue of diamonds-it may be more, 25% ownership of claims-it may be more, and minus costs of mining the diamonds figuring 25% (it could be less). I think they have diamonds and this could be a great buy. I think many of us would be ecstatic to see a penny. GLTA-IMO-DD-Debi
quote:
Originally posted by emunahstock:
THEY HAVE NO DOUBT CMKX FOUND DIAMONDS. DOES ANYONE HAVE A FIGURE ON WHAT ALL THIS 1.9 MILLION ACERS ARE WORTH? $$$$$$$$
More now! Value will go sky high....
One of the most interesting facts to be gleaned from all the chit-chat of the recent PDAC in Toronto is that De Beers seems to have changed its corporate mind about the batting order . of its diamond projects in Canada. The Snap Lake Diamond project in the Northwest Territories, which it acquired over a year ago after a battle with Winspear, has been put on the back burner and 2010 has been pencilled in as the year when it might be considered again. Apparently the kimberlite deposit has much in common with South African gold deposits in that it is thin and dips shallowly which complicates the mining. Johan Ferreira, the De Beers expert on picking out economic mines by computer modelling, apparently told some people in Toronto that if he had had to make a judgement at the time the Winspear acquisition would not have gone ahead. The decision, however, was made by the De Beers' Canadian arm.
Problems have also been defined with the Victor pipe in Ontario which is much more complex than first thought. Again the problem seems to centre on how best it could be mined. The joint venture at Mountain Province has also slipped down the list of priorities as De Beers still has no confidence in the grade or the sequence of large stones which can have such an impact on overall value. Sampling will continue until Ferreira is quite sure that it could prove economic.
The result of all this is that the joint venture with Kensington Resources at the Fort a la Corne project in Saskatchewan has come to the top of the list. Fort a la Corne and the nearby Star Kimberlite, which is owned 100 per cent by Shore Gold, have long been pooh-poohed by Canadian investors who have clung to the belief that the diamonds in Saskatchewan are too small and the grades too low for economic mines. Minews has always been attracted to these two plays on the simple grounds that the deposits are huge and the costs of operating in Saskatchewan are minute when compared with the Arctic as infra-structure is close by.
One of the people who spoke for a long time with Ferreira and others in the De Beers team was John Kaiser who publishes the very erudite Kaiser Express Report. He now reckons that the Fort a la Corne project is world class and is looking forward to the next results from the sampling programme. So far around C$22 million has been spent on exploration and the relationship between Kensington and De Beers, each of which have a 42.5 per cent interest in the project, has improved in recent months. This programme focussed on two kimberlite pipes Nos 141 and 150 and it gives some idea of the overall size of the project when it is appreciated that sixty nine kimberlites have been identified on the property of which no less than forty nine are diamondiferous.
The news the market is waiting for should detail the grades as modelled by Johan Ferreira and after that will come the modelled values. He has built his statistical model for the size and frequency of diamond populations on the back of the vast database that De Beers has built using not only its own mines , but all those whose production it purchases, and his reputation is second to none. It is now very much on the line in Canada, as is that of John Kaiser who has forecast that "the stock could become the new Canadian diamond star."
If this proves to be the case Shore Gold will have to be a major beneficiary. Its Star kimberlite is just south of Fort a la Corne and it is big. In January last year a drillhole intersected over 539 metres of kimberlite, the thickest continuous intersection ever drilled in a vertical hole in North America. It is now awaiting the results of a 90 tonne bulk sample, half of which has been sent to the De Beers GSPS facility in Johannesburg and the balance to the Lakefield plant in Ontario. Different recovery methods are being used in the two laboratories and for some reason De Beers will not give its results until Lakefield has given theirs.
An interesting play is now developing. If De Beers wants control of Fort a la Corne it will have a fight on its hands. Shareholders in Kensington Resources have a pretty accurate idea of what it is worth and will not be giving it away. The board has also shrewdly co-opted WWW International Diamond Consultants as an adviser. This firm , which is valuer of diamonds to the Canadian Government, is made up of ex-De Beers executives who know every move in the diamond giants book. And if De Beers makes a move on Kensington it would make sense to grab Shore Gold as well. Its exploration is at an earlier stage so its market capitalisation is considerably lower. It is make-your-mind-up time as it would be highly embarrassing for De Beers to find one of its major rivals with an operation right next door. http://www.minesite.com/archives/news_archive/2002/mar-2002/sask_diamonds280302.htm
May God Bless All.
I am not too familiar and have not done extensive DD on this company or its market. So if anyone with TRUE research knowledge of this apsect, please post it here.
-chuck
[This message has been edited by $CashMaker$ (edited May 16, 2004).]
Posted by: Chrysler300C
In reply to: None Date:5/6/2004 2:57:48 PM
Post #of 5812
CMKX : DIAMOND IN A HAYSTACK (updated v3.0)
"it’s finally all going to come together.”- Casavant
Thought I’d share the notes I made on CKMX so far with you. This is based on my research and all the sources are publicly available. Based on my research, I personally believe Urban Casavant is onto something grand despite the secrecy typical of the industry. This revised post contains links to the 'Casavant Brand', key CMKM personell, a MAP, a DD search engine link(!!), and updated PRs. - Chrysler300C, 05/06/2004
The product market is established,
the demand is proven globally,
the timing is impeccable,
media frenzy/interest is guaranteed
diamond hype is always contagious,
and the symbol is CMKX.
MAP of Fort a La Corne: http://casavantmining.com/images/17x11_Oct03.pdf
“The odds of making an economically viable diamond discovery in Canada are well above the average for the rest of the world …only 0.7 percent of the 6,395 kimberlites found across the globe are worth mining -- odds of 1 out of 133 for striking it lucky compared to 1 out of 32 inside Canada.”
"From 1998 to 2002, companies have mined about 13.8 million carats of these precious stones of pure carbon, collectively worth $2.8 billion," ...
"This is roughly equivalent to a 1.5-kilogram bag of ice each day for five years, with each bag worth $1.5 million."
“On the basis that 60,000 tones could be processed every day this means that the Fort a la Corne partners could be looking at a gross profit of around C$2 million a day. Now even De Beers has to take such a figure seriously…”(Kensington/De Beers/Cameco)
(Sources, CONTEXT, & dates for these quotes are in the body of the report)
CMKX : OFF TO THE RACES! http://www.dragracecanada.com/hotzone/news/2004/April/05.asp
De Beers to raise rough diamond prices 5%- March 18, 2004 http://www.globes.co.il/serveen/globes/docview.asp?did=781574&fid=942
Diamond products face price hikes: Source: China Daily http://english.peopledaily.com.cn/200403/01/eng20040301_136200.shtml
***Who is CMKM? http://www.casavantmining.com
Casavant Mining is a mining and exploration company with mineral claims in Fort a la Corne which is known for its diamondiferous kimberlites being some of the largest in the world. The Company currently has approximately 609,361 acres of mineral claims with options for approximately 1.9 million acres total in Fort a la Corne which lie most contiguously with known diamondiferous kimberlites owned by other operators in the region. Within the past several months, senior project geologist, Dr. Mark Hutchison has spent time in the field delineating targets and has identified 30 targets using certain criteria known for locating kimberlite bodies from regional aeromagnetic data and from low level, high resolution data collected by private enterprise.
****THE PLAN:
“We plan on mining diamonds from our own deposits and buying conflict free diamonds at wholesale. We will merchandise these diamonds under the "Casavant" brand name. Both retailers and consumers can place their trust that a "Casavant" diamond is conflict free; mined in an ethical and environmentally friendly manner; and represent the highest in quality and value. We plan on becoming involved in the entire sales chain in diamond merchandising with the view of becoming the largest wholesaler of Canadian diamonds not just a mining company. This provides our shareholders with a more balanced investment opportunity and gives us income stream while we are developing our Saskatchewan diamondiferous kimberlite claims." – Chairman Urban Casavant http://www.findarticles.com/cf_sccfrm/m0EIN/2002_Dec_9/95086487/p1/article.jhtml
4 months later: April 21, 2003
->Exploration Project at Fort a la Corne established:
…Dr. Mark Hutchison, Casavant Mining's senior project geologist, recently spent two weeks in the field delineating targets
… identifying kimberlite targets on CMKM's mineral claims at Fort a la Corne,
…priority has been given to a core block … of CMKM's mineral claims which lie most contiguously with known diamondiferous kimberlites owned by other operators in the Fort a la Corne region.
….some 30 targets have been identified by Hutchison from regional aeromagnetic data provided by the Canadian Geological Survey
….Amongst these targets, five locations have been identified as being of highest priority and will receive first attention initially from ground magnetic survey crews.
…management also plans to continue to expand targets by use of airborne electromagnetic surveying under the supervision of project geophysicist Dr. Jovan Silic
…final geochemical analysis being undertaken in one of a number of internationally recognized laboratories under Hutchison's supervision. http://www.findarticles.com/cf_sccfrm/m0EIN/2003_April_21/100402143/p1/article.jhtml?term=
CMKX Senior Project Geologist:
Mark Hutchison, Ph.D., graduated from the University of Edinburgh with a Bachelor of Science honors in geology in 1993. For the past 10 years Hutchison has been working on diamond research and has in-depth knowledge of diamonds from a number of worldwide localities, having completed his Ph.D. on the subject in 1997. Doctorate in mantle geochemistry and diamond geology from the University of Edinburgh in 1998. Credited and widely published for the discovery of two new minerals in scientific literature. Worked as a research associate for two years (1998-2000) at the University of Arizona's lunar and planetary laboratory with support from the U.S. National Science Foundation and NASA. Hutchison has been an invited lecturer on deep mantle diamonds at several institutions, has served as a chair for the American Geophysical Union and holds a position of honorary associate of the University of Sydney. Through his research he has developed models for prospecting for diamonds in non-classical settings particularly useful to Brazil, Australia and Canada. Hutchison has worked closely with Casavant Mining as a consultant since inception and is a candidate for the board.
LAS VEGAS--(BUSINESS WIRE)--Feb. 25, 2003
Dr. Mark Hutchinson, Consulting Geologist for Casavant Mining Kimberlite International (OTCBB:CMKM) was interviewed on 21 February, 2003 by Tom Allinder of ************.com.
During the interview, Dr. Hutchinson answered a variety of questions regarding CMKM's mining properties in the Fort a la Corne region in Saskatchewan, Canada. Topics include CMKM's strategy for exploration of their 1.9 million acres of property which surrounds De Beers/ Kensington and Shore Gold's possible valuation, as well as timetable for exploration and a background of the Fort a la Corne region. The interview may be accessed at http://www.************.com. http://www.findarticles.com/cf_sccfrm/m0EIN/2003_Feb_25/98036193/p1/article.jhtml
*****Why Fort a la Corne, Saskatchewan, Canada?
“Canada is a world diamond power, threatening the De Beers Cartel.” Kevin Krajick, author of Barren Lands.
“The Fort a la Corne area could well be the most important diamond discovery of the century.” – Chairman Urban Casavant. http://www.webfin.com/fr/forums/discussion.html?forum=metaux&file=5442.html
Mining companies -De Beers/Kensington/Cameco, Shore Gold, Diamonds North [DDN], Ashton[ACA], Global Prospecting Ventures [GPVI], United Carina Resources Corp, FOREST GATE RESOURCES INC to name a few are registering their presence in the FALC region.
Why?
Saskatchewan Economic News 2004, Page 5:
Saskatoon: A gem-quality diamond was found in January in a core sample of Kimberlite from the 2003 drill program at Fort a la Corne. The 0.77 stone carat stone was weighed and measured by the Saskatchewan Research Council in Saskatoon. http://www.ir.gov.sk.ca/adx/asp/adxGetMedia.asp?DocID=3369,3088,3087,2936,Documents&MediaID=6236...
1)
The Province of Saskatchewan has a unique geological environment for the occurrence of diamondiferous kimberlites. Protected by thick sedimentary layers left by an inland sea, Saskatchewan kimberlites bodies have escaped erosion. Unlike most kimberlites in South Africa and the Northwest Territories, Fort à la Corne kimberlites are almost intact with much of the kimberlite volcano still remaining. As a result, the Fort à la Corne kimberlite field contains the largest concentration of diamondiferous kimberlite in the world. The total mass for the field was estimated from modeled geophysical data and drilling intersections to 9 billion tonnes with a 30-metre thickness cutoff at the edges.
(Kensington/De Beers/Cameco)
Currently, land holdings held under the Fort à la Corne joint venture agreement comprise 121 claims totalling 22,544 hectares or approximately 57,000 acres. Of the 63 kimberlite bodies on this property, the joint venture currently is focusing on kimberlite body 141/140. Kimberlite body 141 and 140, both previously thought to be two separate bodies, are now understood to form a single, large kimberlite body estimated at over 500 million tonnes -- making it the largest macro diamond bearing kimberlite in the world. http://www.kensington-resources.com/s/Property.asp
Saskatchewan Government states:
• We're the third-largest, non-fuel, mineral-producing province in Canada
• Total mineral sales in 2002 were $2.4 billion - about 8% of the provincial GDP
• The industry creates some 6,000 direct and 12,000 indirect jobs
• Our mining productivity is ranked among the highest in Canada
• The industry boasts significant external investment and private-sector leadership
• Our mines feature leading-edge, made-in-Saskatchewan technology, such as:
o Continuous mining equipment used in the potash industry
o Remote-controlled underground mining equipment at the McArthur River uranium mine
o State-of-the art tailings management facilities
• Some of Canada's highest-grade ore reserves
• Lower-cost mining operations
• State-of-the-art mining technology
• A well-trained, reliable, productive workforce
• Central location with excellent transportation services to North American and offshore markets http://www.ir.gov.sk.ca/Default.aspx?DN=3348,3330,3328,2936,Documents
1b) Fort a la Corne pipes are virtually unprecedented in terms of their huge mass.
This means that while it involves exhaustive work in determining where concentration of diamonds are, it offers relatively LOW cost diamond mining.
See: http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=18909337
1c) Canada is now world’s third largest diamond producer by value, ahead of South Africa.
“Since its first major discovery of diamonds in 1991 and the subsequent start up of two mines, Canada has sprinted up the world diamond production rankings to now reach third spot, measured by the value of the stones it produces.
Canada is attracting almost half of all the worldwide exploration dollars spent on searching for diamonds, or about $125 million a year.”
TORONTO STAR:
“Canada climbs to third in world diamond output” http://www.thestar.ca/NASApp/cs/ContentServer?pagename=thestar/Layout/Article_Type1&c=Article&am...
Forbes: Diamond Hunt Dice Seen Loaded in Favor of Canada http://www.forbes.com/home_europe/newswire/2004/01/29/rtr1234489.html
DE BEERS Fort à la Corne Factsheet http://www.debeerscanada.com/files_2/fort_a_la_corne/factsheet.html
(2)
Kimberlites were first discovered in Saskatchewan in 1988 at Sturgeon Lake, which is located approximately 50 km northwest of Prince Albert. This discovery which subsequently was determined to represent glacially rafted kimberlite material rather than an in situ pipe, resulted in a considerable amount of exploration activity by both junior and senior companies, particularly in this part of central Saskatchewan. On the basis of airborne magnetic and ground geophysical surveys large tracts of land were staked with the focus being the Fort a la Corne area, which is located some 80 km to the east of Sturgeon Lake.
During the next several years, drilling programs confirmed the existence of over 70 diamondiferous kimberlite bodies in spatially distinct clusters, with the main group located approximately 60 km east of Prince Albert. Referred to as the "Fort a la Corne kimberlite field", it extends for some 32 km in a narrow northwest trending corridor. Distinct smaller clusters of kimberlite have also been discovered both proximal to and at some distance from the main trend. The Candle Lake kimberlites for example occur up to 80 km north of the main kimberlite field. These outlying discoveries are indicative of the benefits of ongoing exploration and of the upside potential for the discovery of additional kimberlites.
The kimberlites in the Fort a la Corne area are unique, in that they largely consist of distinct layers of pyroclastic crater-facies rocks. Kimberlite volcanoes erupted periodically during Cretaceous time (98 to 112 Ma) into sands and mudstones that were deposited near the north-eastern margin of the broad Western Canada Sedimentary Basin. Geophysical modeling of the kimberlite bodies indicates a wide variation in their size. Individual kimberlites are estimated to range from 2.7 to 184 hectares, with tonnages ranging from 3 to 675 million tonnes. Diamond recoveries and grades are to date highly variable.
Reference: [http://www.pinechannel.com/s/Properties.asp?PropertyInfoId=632&View=1]
More on CMKM?
See:
Sept. 3, 2003--Casavant Mining Kimberlite International (OTCBB: CMKM) is pleased to announce the purchase of 25 mineral claims from North Sask Ventures Limited (a private company), approximately 10,912 acres in the Fort a la Corne area. After airborne magnetic surveys were conducted in the Fort a la Corne area, most of these claims were staked by previous claim holders, due to anomalies that were acquired from data taken from the airborne magnetic surveys. Two of the 25 claims are adjacent to known diamond-bearing property operated by Kensington (KRT), Cameco, and DeBeers Joint Venture in Fort a la Corne. Claim #S-135017 is south of kimberlite body #152 and claim #S-15016 is north of kimberlite body #168 both which are operated by the joint venture. Claim #S-135018 is adjacent and north of Shore Gold's (SGF) Birch Lake kimberlite. The remaining mineral claims are strategically located and are currently surrounded by numerous other claims held by CMKI and other claim holders in the area.
Reference: http://www.businesswire.com/cgi-bin/cb_headline.cgi?&story_file=bw.090303/232465311
Brilliant strategy and vision of The Casavant Manoeuvre:
With local knowledge and months of research of geological/government reports of the Fort a la Corne area located in central Saskatchewan, Canada, Urban set forth to stake mineral claims in the hundreds of thousands of acres, most contiguously and adjacent to known diamondiferous kimberlite bodies owned and operated by other mining companies, prior to forming CMKM Diamonds (formerly: Casavant Mining Kimberlite International).
CMKM management believes the company’s future is bright as diamonds. The Company now has over 1,000,000 (one million) acres claimed in Saskatchewan which include Fort a la Corne claims, Green Lake claims and zinc claims that include the original George Lake Deposit (also known as Brakewell Lake) with options for hundreds of thousands more acres. CMKM Diamonds, Inc., recently initiated a drill program, with confirmed results of one of the thickest kimberlite bodies found to date in the Fort a la Corne area. With ongoing drilling on additional targets scheduled for diamond core drilling in the next few months, CMKM has purchased additional equipment and employed labor forces to allow year round drilling. As aerial and ground surveys determine the probability of targets, the company is prepared to purchase yet even more equipment and labor to meet the demand of harvest. http://www.racingwest.com/news/story.php3/8679/index.htm
Now, CMKX holds claims covering 1,900,000 acres of this rapidly appreciating location.
MAP of Fort a La Corne: http://casavantmining.com/images/17x11_Oct03.pdf
****WHAT IS CMKM WORTH RIGHT NOW?
The Fort a la Corne area could very well be the most important diamond discovery of the century. CMKI has strategically planned more staked acreage than any of its surrounding competitors."
See: http://www.webfin.com/fr/forums/discussion.html?forum=metaux&file=5442.html
Notice the following:
1) De Beers/Kensington’s 141/140 kimberlite - referred to as the largest macro diamond bearing kimberlite anywhere in the world- is estimated to produce if mined, approx $500 million dollars a year, 800-1000 jobs for the local economy.[ http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=18909337] and is valued at $40-$80 Billion dollars. CMKM has claims alongside that rich location. This makes CMKM very valuable as an operation with huge statistical potential for astronomical profits. DeBeers et al. have 121 claims on their 57,000 acres. Shore Gold has claims on some 27,734 hectares. CMKM has claims on 1,900,000 acres. This is 33x larger than the De Beers area. Whatever success De Beers or Shore has in FALC, it will only increase the value of CMKM’s assets especially the strategically chosen claims around these other companies. Remember, it is almost certain De Beers/Kensington/Cameco will begin mining 140/141 shortly. http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=18909337
2) Companies in the region have reported various amounts of financing from big-money investors. This suggests that big-money sees the potential here, it makes business sense to them, and they are willing to invest their dollars in Saskatchewan.
E.g.: http://www.kensington-resources.com/s/NewsArchives.asp
Saskatchewan Economic News: http://www.ir.gov.sk.ca/adx/asp/adxGetMedia.asp?DocID=3369,3088,3087,2936,Documents&MediaID=4685...
3) Various high-calibre experts have recommended stock of companies exploring in the FALC area as excellent investments. I urge you to do your research on this: you’ll be very surprised.
“By early 2004 the Saskatchewan diamond play could be a horse race to develop the world's largest diamond mine.” June 2003 http://www.kaiserbottomfish.com/s/Trackers.asp?printVersion=now&_Title=Tracker-2003-17-2002-FALC...
4) A company having claims on diamond-containing kimberlite bodies can a) prospect them for best diamond concentrations for subsequent mining b) make lucrative deals granting others permission to develop them or c) make deals involving sales of claims to other companies. How about all of the above?
5) Logistically, Fort a La Corne is a miner’s dream location. Urban Casavant’s timing could not have been better. Without taking into account the ensuing media frenzy, it would only take ONE full scale mining operation to begin on the Fort a la Corne territory to exponentially increase the market value of CMKM’s shares, amplify their deal-brokering power, and generally put the market value of the company in the multi-billion dollar territory. And it does not matter which company starts mining first! If the house next door is suddenly valued at $40 billion dollars and you own 33 houses on the street…? Wherever there are mine-able concentrations of diamonds on that property, Dr. Mark Hutchison is sure to find them.
In a world of monopolies, mergers and acquisitions, the economic value and leverage of CMKM’s 1.9 Million acres of claims cannot be over-overemphasized. See: http://www.kensington-resources.com/i/pdf/NorthernMiner_2003-06-23.pdf
See: 2001 article:
FORT A LA CORNE DIAMOND MINE IN SASKATCHEWAN COULD BE PLANNING FAST TRACK PRODUCTION.
“De Beers has decided that it has to focus on Canada”
“On the basis that 60,000 tones could be processed every day this means that the Fort a la Corne partners could be looking at a gross profit of around C$2 million a day. Now even De Beers has to take such a figure seriously…” http://www.minesite.com/archives/news_archive/2001/April-2001/kensington16.htm
Companies in the area are still reporting compelling finds with statements to the effect that over 75% of pipes in the area are diamond-bearing and news media are still anxious to report it: http://tacyltd.com/Research_Materials_Full.asp?id=53478
6) The unique geography (and hence enormous potential) and reported & un-reported diamond findings in Canada’s northern territories will keep big-money interested in this area for many many many years to come. This interest will not go away. There is incredible share price appreciation ahead for any company controlling a Canadian diamond mine, and many companies are struggling to do just that. And one company has incredible Microsoft-like control over this landscape of Fort a la Corne: CMKM Diamonds.
****CONCLUSION:
Every investment has a risk. Not investing also carries a risk. CMKX’s true power lies in LEVERAGE. While we may never have the opportunity to buy into another MSFT, we can buy into CMKX.
There is very real potential CMKX or another company could find something on the FALC that would send CMKX stock to .50 cents in a matter of days anytime soon as demand far exceeds supply. In fact, the articles you have read indicate some companies may have already struck gold.
The product market is established,
the demand is proven globally,
the timing is impeccable,
diamond hype is always contagious,
and media frenzy/interest is guaranteed.
Consider: just how many penny stocks have this kind of possibility associated with them? The company is becoming more and more popular so we just need the **product**, and if LOCATION is anything, CMKX is in very prime location indeed... The alignment of so many positive factors takes this company to a whole new level of play.
The math and the Risk/Reward ratio are blatantly in favour of a BUY and HOLD strategy. IMO-> Target price: $10.00+ within 2 years counting from the date CMKX (or anyone else) announces full scale mining has begun in the area, and assuming a O/S of 10 billion shares and only one mine at the start.
IT’S TIME TO SHARE THIS INFO WITH EVERYONE YOU KNOW!!
***CMKM NEWS:
The company also has interests in property near Green Lake, 180 kilometres northwest of Prince Albert. Casavant Mining will use an outside contractor for drilling in that area so its own rig can stay in the Fort à la Corne region.
Casavant said he’s happy to be at this stage.
“I’ve been at this prospecting and claiming land for about 15 years now,” said the self-taught prospector. “So I’ve been chasing this for a long time, and it’s finally all going to come together.”
Prince Albert Daily Herald http://www.juniorstocks.com/radthreads/thread.php?id=24
All the CMKX news below: http://tools.thestreet.com/tsc/quotes.html?pg=qcn&symb=cmkx&x=7&y=4
P/s: I do hold 10 million shares and I would buy more if only I could. I will be long for at least 3yrs.
Chrsyler300C
All Fort a La Corne News: http://www.findarticles.com/cf_sccfrm/PI/search.jhtml?magR=all+magazines&key=fort+a+la+corne
Intersection of Kimberlitic Rock Announced by U.S. Canadian Minerals, Inc. - BusinessWire
6:00am 04/06/2004
U.S. Canadian Minerals Inc. Announces Intersection of Kimberlitic Rock - BusinessWire
4:30pm 04/05/2004
CMKM Diamonds Inc. Announces 'Carolyn Pipe' at 900+ Feet and Still in Kimberlite - BusinessWire
3:34pm 03/30/2004
CMKM Diamonds Inc. Announces 'Carolyn Pipe' Update - BusinessWire
2:27pm 03/29/2004
CMKM Diamonds Inc. Announces 'Carolyn Pipe' Update - BusinessWire
2:20pm 03/29/2004
U.S. Canadian Minerals Announces Option - BusinessWire
11:48am 03/29/2004
U.S. Canadian Minerals Announces Option - BusinessWire
11:40am 03/29/2004
"Without everyone involved from our shareholders to United Carina, Consolidated Pine Channel, U.S. Canadian Minerals, Mr. Ralph Newson, Dennis Miller and the drill crew (which have the combined experience of over 100 years and have been working around the clock) and all the others who made this happen, it would have been nearly impossible to achieve such a great accomplishment, such as this. We are looking forward to a long and lasting relationship, to continue our progress forward, and are aggressively pursuing additional drill permits for the next 14 priority drill targets already planned within the upcoming weeks for just the Smeaton area. Thank you for your patience and support." -Urban Casavant, President
CMKM Diamonds, Inc. Announces Kimberlite Ore Discovery http://www.pinksheets.com/quote/news.jsp?url=fis_story.asp%3Ftextpath%3DCOMTEX%5Cbw%5C2004%5C03%5C29...
10:09am 03/29/2004
CMKM Diamonds Inc. Announces Drilling Video Footage Now Available on the Company Web Site - BusinessWire
12:50pm 03/23/2004
CMKM Diamonds, Inc. Announces Joint Venture Option Agreement With United Carina Resources Corp. and Consolidated Pine Channel Gold Corp. - BusinessWire
9:30am 03/22/2004
CMKM Diamonds, Inc. Announces Progress on Drilling and Exploration Program - BusinessWire
9:30am 03/18/2004
CMKM Diamonds Inc. Announces That Drilling Has Commenced Two Days Ahead of Schedule in the Fort a la Corne Area - BusinessWire
9:30am 03/15/2004
CMKM Diamonds Inc. Announces Drilling Program to Commence in the Fort a la Corne Area on Wednesday, March 17, 2004 - BusinessWire
9:30am 03/11/2004
CMKM Diamonds Inc., Formerly Casavant Mining Kimberlite International, Announces New Symbol - BusinessWire
1:01pm 03/09/2004
CMKM Diamonds Announces Assignment of New CUSIP Number - BusinessWire
9:30am 03/02/2004
U.S. Canadian Minerals Inc. & CMKM Diamonds Inc. Announces Joint Venture - BusinessWire
4:38pm 02/26/2004
CMKM Diamonds Inc. Successfully Negotiated Definitive Agreement for Major Airborne Survey - BusinessWire
9:30am 02/26/2004
Casavant Mining Kimberlite International Announces Name Change - BusinessWire
3:53pm 02/25/2004
NEWS ARTICLE FROM UNKNOW SOURCE: http://www.juniorstocks.com/radthreads/thread.php?id=24
Casavant Mining Kimberlite International Obtains Funding of US $1.8 Million With Pledge For Additional US $3.2 Million - BusinessWire
9:30am 02/19/2004
INSERTING and REPLACING Casavant Mining Kimberlite International Obtains Funding of US $1.8 Million With Pledge For Additional US $3.2 Million - BusinessWire
9:30am 02/19/2004
Casavant Mining Kimberlite International Announces Summary of Drill Program to Commence - BusinessWire
1:11pm 02/13/2004
Casavant Mining Kimberlite International Announces Delay Set for Name Change and CUSIP Number - BusinessWire
9:30am 02/04/2004
/C O R R E C T I O N -- Casavant Mining Kimberlite International/ - PR Newswire
1:05pm 01/28/2004
Casavant International Mining, Inc. Announces Short Delay for Final Approval of MRDR/CIM Share Exchange - PR Newswire
9:05am 01/28/2004
Casavant Mining Kimberlite International Announces Application for Name Change and New CUSIP Number - BusinessWire
9:30am 01/27/2004
Casavant Mining Kimberlite International Announces Purchase of Drill Rigg, Accessories, Extra Equipment for Drilling - PR Newswire
8:02am 01/21/2004
Casavant Mining Kimberlite International Announces MRDR Share Exchange And Spin Out of CIM Subsidiary Approved - PR Newswire
9:02am 01/15/2004
Casavant Mining Kimberlite International Announces Retirement of 1.8 Billion Shares - PR Newswire
9:05am 01/09/2004
Casavant Mining Kimberlite International Announces Green Lake Target Drill Ready - PR Newswire
9:03am 01/05/2004
Casavant Mining Kimberlite International Announces Negotiation With Two Public Companies for Buyout of Mining Claims - PR Newswire
9:05am 12/29/2003
Casavant International Mining, Inc. Announces Spin-Out - PR Newswire
11:02am 12/19/2003
Casavant Mining Kimberlite International Announces That Targets Have Been Selected to Commence Drilling on Green Lake and Forte a la Corne - PR Newswire
12:02pm 12/18/2003
Casavant Mining Kimberlite International Announces That the Company Has Officially Retired 16.5 Billion Shares Back to the Treasury - PR Newswire
3:17pm 12/17/2003
Casavant Mining Kimberlite International Announces that Spin-Out Company CMI To Go Public Within Two Weeks - PR Newswire
9:08am 12/08/2003
Casavant Mining Kimberlite International Gives Update of Public Diamond Exploration Working Partners - PR Newswire
9:07am 11/20/2003
Casavant Mining Kimberlite International Continues Excavation Work and Plans to be Drilling in Forte a la Corne Shortly - PR Newswire
8:16am 11/17/2003
Casavant Mining Kimberlite International Begins Excavation Process For Kimberlite Indicators in Green Lake Area - PR Newswire
12:33pm 11/13/2003
Casavant Mining Kimberlite International Successfully Claim Stakes Approximately 100,000 Acres of Land for Diamond Exploration - PR Newswire
8:34am 11/11/2003
Casavant Mining Kimberlite International Successfully Claim Stakes Additional Land for Diamond Exploration - PR Newswire
9:09am 11/10/2003
Casavant Mining Kimberlite International Successfully Negotiates Closure Of Diamond Claims in Potentially New Diamond Discovery Area - PR Newswire
9:03am 11/07/2003
Casavant Mining Kimberlite International Announces Update of Magnetic Work for Drilling and Retires over 20 Billion Shares of CMKM Stock to Date - PR Newswire
10:32am 11/06/2003
Temporary Drilling Delay at Fort a la Corne for Casavant Mining Kimberlite International - BusinessWire
9:30am 10/30/2003
Casavant Mining Kimberlite International Announces Retirement of Another 4.4 Billion Shares for a Total of 13,420,371,427 CMKM Shares of Stock to Date - PR Newswire
8:30am 10/20/2003
Casavant Mining Kimberlite International Announces Retirement of 9,020,371,427 CMKM Shares of Stock - PR Newswire
10:51am 10/10/2003
Casavant Mining Kimberlite International Clarifies Record Date for CMKM 2 for 1 Stock Split - PR Newswire
1:05pm 10/03/2003
Casavant Mining Kimberlite International Announces Retirement of 6 Billion CMKM Shares of Stock - PR Newswire
9:01am 09/30/2003
Casavant Mining Kimberlite International Announces Approximately 172,970 Acres Of Claims Added In Fort a la Corne - BusinessWire
9:30am 09/24/2003
Casavant Mining Kimberlite International Announces Corporate Web Site - BusinessWire
2:13pm 09/22/2003
Casavant Mining Kimberlite International X Dividend Date September 19, 2003 For Zinc Spin-Out. - BusinessWire
11:03am 09/19/2003
Casavant Mining Kimberlite International Enters Into Joint Venture Agreement For Development Of Mineral Claims - BusinessWire
9:30am 09/19/2003
Casavant Mining Kimberlite International Announces $900,000 Funding from Three Diamond Exploration Companies - BusinessWire
3:32pm 09/18/2003
Casavant Mining Kimberlite International Announces Diamond Drill Core Sampling To Commence In October - BusinessWire
9:31am 09/17/2003
Casavant Mining Kimberlite International Recent Developments and X Dividend Date, September 12, and September 19, 2003. - BusinessWire
9:30am 09/12/2003
Casavant Mining Kimberlite International Announces Purchase of 25 Mineral Claims and Ground Magnetic Survey Update - BusinessWire
9:30am 09/03/2003
Casavant Mining Kimberlite International Announces $3,000,000 Contract for Mineral Exploration and Drill Contract Program - BusinessWire
9:30am 08/27/2003
Casavant Mining Kimberlite International Clarifies Payable Date for CMKM Stock Split and Dates of Record for CMI Spin-out - PR Newswire
10:05am 08/22/2003
Casavant Mining Kimberlite International Spin-Out and Share Distribution To All CMKM Shareholders - PR Newswire
2:57pm 08/21/2003
Casavant Mining Kimberlite International Announces a Two for One Forward Stock Split for All Shareholders of Record - PR Newswire
10:45am 08/19/2003
Casavant Mining Kimberlite International Announces a Two for One Forward Stock Split for All Shareholders of Record - PR Newswire
10:44am 08/19/2003
Casavant Mining Kimberlite International Recent Developments for Fort a la Corne - BusinessWire
2:59pm 08/07/2003
Casavant Mining Kimberlite International Drilling Permit Application Approved by Board - BusinessWire
1:12pm 07/23/2003
There can be only ONE.
Speculation: Why Melvin work on Sat and recent events on CMKX
It’s the first time that Melvin worked on Saturday to answer member’s questions at his “Questions for Melvin” thread. Why was he doing it? Why did he answer worthless questions on Saturday?
Recent events/rumors around CMKX on Friday, 5-14-2004, and Saturday, 5-15-2004.
1. Melvin removed/cleaned his thread in the afternoon 2:13 PM ET, 5-14-2004, without saying anything beside two words of “BUY BUY”. Normally, the CMKX boards dump/tailor the older threads but keep several recent pages.
2. CMKX RB board and CBS board went down at same time with Melvin’s thread.
3. No trading occurred during that time for 19 mins.
4. First time MMs shown at ask of 0.003
5. E-trade mistakenly shown CMKX at OTCBB after market close.
6. Melvin answer machine greeting said “Melvin O’Neil, Saskatchewan Diamond”, and later in the night, he removed the words of “Saskatchewan Diamond”. Before it was "Melvin O'Neil, CMKX Diamond".....
7. Melvin said that he was 51, and he known what he’s doing. When he said, “buy buy”, did he mean it? Melvin is not good at spelling, but how can he spell wrong bye instead of buy? Later on that message of “buy buy” was gone.
8. The new map was updated on May 11, 2004, Melvin that top 3 belongs to CMKX, but why no one PR from CMKX said about it beside “New Maps coming soon. We are making arangements to get some updated maps of the region to post”. It was already here. If you look at the top 3 on the map, it shows 1010XXXXX SK. SK = Saskatchewan Diamond?
http://www.explorationgis.com/falc_detail.html
9. Melvin came in Saturday and said he did not know what’s going on around CMKX in the world.
10. Could be coincident, conspiracy, exploration, or what?
These are companies whose shares trade not on high-profile markets like the New York Stock Exchange (News - Websites) , but on lesser-known venues such as the Pink Sheets and the Over-the-Counter Bulletin Board. Last month, such trading averaged about 6.9 billion shares a day at Knight, a stock and options trading firm in Jersey City, N.J., compared with daily averages of about 3.8 billion shares in January and 769 million shares in February of last year.
Interestingly, a big chunk of Knight's overall stock-trading last month came from one single Pink Sheets tiny-priced stock, CMKM Diamonds Inc. Knight traded an average of about 3.36 billion CMKM shares a day, representing more than 40% of Knight's average daily share volume for the month.
CMKM describes itself as "a new company involved in the exploration for diamonds in the Canadian province of Saskatchewan." The company, whose stock trades on the Pink Sheets under the CMKX symbol, trades "at prices in the hundredths of a cent," Knight said.
According to the Pink Sheets Web site, a whopping 762.36 million shares of CMKM had recently traded Friday. The last sale price shown for the stock was 0.0001.
Asked why so much of Knight's business last month came from one little-known stock, Knight spokeswoman Margaret Wyrwas said, "the stocks that we trade represent what our clients are buying and selling." She declined to comment further.
A representative for CMKM said he couldn't account for the stock activity. "I can't tell you why we're having such a huge volume in trading."
More broadly, Knight's growing OTCBB and Pink Sheets business gave pause to one Wall Street analyst. Daniel Goldberg, who tracks Knight for Bear Stearns, said in a note that such stocks were "low margin" and that he believed "this will exert further downward pressure on (Knight's) revenue capture per share."
Wyrwas said that Knight viewed its dollar-volume figures as "the most meaningful statistic," more so than revenue capture per share. In February, Knight's average daily dollar volume fell by nearly 18.5% from what Wyrwas said were "January's extraordinary levels," but rose by 91% from a year ago. February's dollar volume was "in line" with the monthly averages seen in the fourth quarter, Wyrwas added.
Knight's revenue capture per share numbers weren't immediately available.
Knight shares were recently up 18 cents, or 1.5%, at $12.22. Over the past 52 weeks, the stock has traded as high as $17.27, on Jan. 21, and as low as $3.88 on March 31 of last year.
Overall at Knight, February's average daily trade volume dropped by 17.8% from January but climbed by 78.9% from February 2003. Daily average share volume rose both from January and year-earlier levels.
But that increase was largely due to the rise in OTCBB and Pink Sheets trading. Knight's share volume in Nasdaq and in listed stocks fell from January to February. Market performance in February was mixed, with the Dow Jones Industrial Average advancing and the Nasdaq Composite Index losing ground.
"The market generally considers February to be a weak month, and this February held to that expected pattern," said Knight Chief Executive Thomas Joyce, in a statement.
(Goldberg said he didn't own Knight shares. Bear Stearns didn't disclose any investment-banking ties to Knight.)
May God Bless All.
May God Bless All.
Good Read For All You CMKX'ers
« Thread started on: Today at 4:54pm »
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I think that may well be good advice, but it's Saturday and I have to wait until Monday to see if anything major has happened... So, I offer the following conspiracy theory:
1. A major PR was planned for release on last Tuesday, May 11. Several people who always talk as though they have inside info were in a high level of excitement and expectation that day.
2. Just before release, UC gets a registered letter from the SEC saying that CMKX is being investigated for insider trading violations. There are always people on the rb threatening to write the SEC about CMKX.
3. The PR is postponed, and UC gets busy eliminating any evidence of insider trading violations. Melvin's board is erased. CBS is shut down. The CMKX rb board is shut down.
4. Perhaps Melvin or someone was passing info along to a small group of people. Those people were notified to shut up about CMKX, and that is pretty much what has happened.
OK, this is pure theory and speculation and based upon nothing other than me trying to put 2 and 2 together to come up with 5. LOL
However, It does seem like there have been some strange coincidences over the past few days.
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member is online
Posts: 248
in my humble opinion
« Thread started on: May 15th, 2004, 5:15pm »
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this is what i think is happening now....just my opinion.....uc got some preliminary results back which told him that he had a large diamond find....he and the other joint venture partners sat down to discuss what to do next......they probably decided to use whatever cash they had available to buy up whatever shares they could off the market.....then they used the preliminary results to find some capital.....from a bank or a private investor....the investor(s) then asked for a little lead time to buy up what shares they could before the entire result report was released so they could also buy up what shares they could......by waiting until they get a full analysis of the results before PR....they can count on some investors getting frustrated and selling....better for them....remember at .0001 and even if 500 bill o/s..it would only take 50 mill to buy it all......IF the price stayed down long enough.....i think that when they can no longer buy shares cheaply off the market....they will tell all in a killer PR.....those that sold off will jump off bridges...those that held tight will dance the happy dance.....in the meantime they are figuring out how to best mine the diamonds and market them.....maybe joining forces to have enough muscle to keep debeers at bay.........anyway i hope this is something like whats going on......any comments?......imo
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quote:
Originally posted by vado:
I would think that your theory holds more water then the guy above you... If the SEC was investigating there would be news about it.
Peter, a few thoughts on that DeBeers article...
That article is 2 years old! And guess what? It is even more powerful and meaningful now then it was then. LOL
Heck, many have been trying to figure out if DeBeers is friend or foe for years. I think that 2 years ago DeBeers was not sure either.
With CMKX owning 1.4 million acres of the FALC region, if we are not good friends with DeBeers, we probably will be soon from reviewing that article.
At one time, you could not have blamed DeBeers for not believing in CMKX. It wouldn't take a brain surgeon to see that CMKX is hot and is in the right spot. Or should I say has the right spot.
Back then in 2002 DeBeers article, CMKX had not even started any drilling. You and I probably would have ignored CMKX too up until now since they had shown to us that they are serious. (Actually you and I didn’t which is why we bought shares a few months back, but we’ll act like we did as others who did not believe in CMKX.) Just put yourself in the place of DeBeers.
Now that much progress has transpired, I am sure that CMKX has the attention of many. DeBeers was probably no doubt staying up to date with CMKX to see what amount of assistance they could provide to become friend and not foe.
I believe that this is what DeBeers have been hinting to all along. It was up to CMKX to make DeBeers join the team of CMKX. Urban swiping the land right from underneath them as AlanC had made mention of before probably had something to do with this too.
Urban and CMKX seemed to have passed certain tests that were probably placed upon them that were not known. In passing these test, maybe what would have been "Operation Take-over" by DeBeers has now converted into "Operation Join Them" meaning CMKX.
I would have to guess that DeBeers was probably thinking along the lines that they would first give Urban a chance to put his 1.4 million acres to use in the FALC region. If Urban would not had proven that they were serious about drilling and possibly mining, then maybe DeBeers would have converted into a plan to legally take-over CMKX by owning 51% of naked shorted shares of CMKX through NITE.
This could have been related to that huge short position that was insinuated about NITE having in CMKX in that national PR released a while back. Maybe DeBeers naked shorted CMKX through NITE in the billions as a back up plan just in case CMKX was not going to do the right thing with those 1.4 million acres. Maybe this had something to do with the increase in the authorized shares (AS) to 500 billion.
Think about this too...what better way to let NITE cover their/DeBeers naked shorted position than to increase the AS to 500 billion. NITE couldn't cover shares that didn't exist.
So, maybe CMKX increased the AS to 500 billion...
**To let NITE cover a portion or all of their naked shorted shares.
** Or at least that naked shorted portion of shares belonging to DeBeers since it seems that a new alliance could be forming.
** This would also answer the questions: Where has all the volume have been coming from?
** This would also answer the question: How Urban has been retiring shares? Hmmmmm?
** Maybe these thoughts are 100% wrong and off in left field. LOL
These are only my opinions and have not been proven as facts. Let's continue...
Here's what I see from that last sentence in that article Peter posted:
"It is make-your-mind-up time as it would be highly embarrassing for De Beers to find one of its major rivals with an operation right next door." http://www.minesite.com/archives/news_archive/2002/mar-2002/sask_diamonds280302.htm
** I see DeBeers realizing that their 58,000 acres is no match to the 1.4 million acres owned by CMKX in the FALC region.
** I see that with these already existing legal issues with the US, I see DeBeers not wanting full control of CMKX so they could use CMKX as a medium to market their diamonds in the US.
** I see that now maybe it's DeBeers who is doing the making sure that nobody is going to try and take over CMKX by helping Urban to retire shares for accountability purposes as related to the thoughts above.
** I don't see who else would have been buying shares and investing about $400,000+ per day into this little old pink sheet stock for the last few months.
** Again, the question all along should not had been –Who’s selling? Instead, the question should have been – Who’s buying?
To close, if I was DeBeers and all I had was 58,000 acres, I would be trying to buy a whole lot more land in the FALC region from CMKX. These are only my opinions.
PS--Also, did you notice the first two words in that article even back in 2002?
Sterling
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May God Bless All.
quote:
and so selling for 100% may actually end up meaning that you are a looser.
Or it could mean that you are one of the very few winners on this stock.
quote:
Originally posted by Upside:
Or it could mean that you are one of the very few winners on this stock.
Never heard back from you about my retirement from the military? I gave you some info about it.
quote:
Never heard back from you about my retirement from the military? I gave you some info about it
What would you like me to say about it? It looks real on the surface but it's information that could have been turned up on google or from an informed friend. In short, it's a pointless argument on both sides.
quote:
Originally posted by Upside:
originally posted by Bart:
What would you like me to say about it? It looks real on the surface but it's information that could have been turned up on google or from an informed friend. In short, it's a pointless argument on both sides.
I new that is what you would say. Maybe my DD-214 would help out. I just do not understand why you would think I did not retire from the military. Hell a lot of people do. I live in Augusta, Ga. Right beside Ft Gordon. Some people will never admit when they are wrong. This should help. Every quater I pay $115.00 for medical insurance thru Tricare (Humana).
Oh well I guess you just will not ever say you are wrong. But if you would bet me as I ask. I will put a copy of my DD-214 on this site. Along with my tax form from Ft Ben, in Indiana. Oh you still can get in on the QBID run. 007
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CashCow
quote:
Originally posted by CashCowMoo:
hey bart are you 11bravo?
Not quite. Totally on the other end of the spectrum. 05G Army Security Agency.
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CashCow
[This message has been edited by highwaychild (edited May 17, 2004).]
Brandon
[This message has been edited by brandwilliams (edited May 17, 2004).]
[This message has been edited by brandwilliams (edited May 17, 2004).]
quote:
Originally posted by highwaychild:
Much better than anything QueerBID-T.V.'s got.Probably more viewers in a day here on Allstocks than there will be on....it.
Please post this news that Debeers is involved with CMKX...You are a supporter please convince me to buy. I have made a few grand off Qbid...how much have you made off CMKX? But please give me that DD so I can buy a few million shares myself.
Brandon
[This message has been edited by highwaychild (edited May 17, 2004).]
quote:
Originally posted by highwaychild:
I have made far more than money in the peice of mind of not selling out who I am for a few grand.
Damit, you keep on stealing words out of my mouth... Maybe you are my long lost twin?
quote:
Originally posted by joesturbo:
Damit, you keep on stealing words out of my mouth... Maybe you are my long lost twin?
You a bible thumper too? And cursing..your god would be displeased with you...
LOL
Brandon
[This message has been edited by highwaychild (edited May 17, 2004).]
quote:
Originally posted by brandwilliams:
You a bible thumper too? And cursing..your god would be displeased with you...LOL
Brandon
quote:
Originally posted by highwaychild:
It sounds to me like you need a little piece of mind.I would give you mine but I need all I got.[This message has been edited by highwaychild (edited May 17, 2004).]
Just like most of you, your minds do not work that well. Otherwise you would think for yourself instead of saying what others have embedded in your little brain.. I'm out, too hard for me to lower my intelligence to speak with brainwashed fools. I will respond no more. Still waiting for an ansewer to the Debeers question. It has been posted quite a few times by CMKX supporters, I just want to see some proof that a respectable company has anything to do with CMKX...Then I will consider buying myself..
Brandon
quote:
Originally posted by needtoretire:
I'll ignore that you are that ignorant, and next time you talk about my God please Capitalize the "G"!!Which one is your GOD there are so many please clarify?
Brandon
quote:
Originally posted by needtoretire:
Son,
There is only ONE!and if you haven't figured that out don't worry He will save a warm place for you at the end of time!I love to see you guys get all upset over someone questioning your beliefs. According to you I guess 3 quarters of the world will be with me then huh? One day there will be someone respond in the way that (guessing Jesus of Nazarene, son of Mary and Joseph, the Messiah to Jehova, the Jewish God) would.
Brandon
Enjoy!!
However, it is pretty outdated and the connection is as direct as we might want.
Casavant Mining Kimberlite International Announces Purchase of 25 Mineral Claims and Ground Magnetic Survey Update
Wednesday, 03-Sep-2003 6:40AM PDT
Story from Nv Casavant Mining via BizWire
Copyright 2003 by Business Wire (via ClariNet)
LAS VEGAS--(BUSINESS WIRE)--Sept. 3, 2003--Casavant Mining Kimberlite International (OTCBB:CMKM) is pleased to announce the purchase of 25 mineral claims from North Sask Ventures Limited (a private company), approximately 10,912 acres in the Fort a la Corne area. After airborne magnetic surveys were conducted in the Fort a la Corne area, most of these claims were staked by previous claim holders, due to anomalies that were acquired from data taken from the airborne magnetic surveys. Two of the 25 claims are adjacent to known diamond-bearing property operated by Kensington (KRT), Cameco, DeBeers Joint Venture in Fort a la Corne. Claim #S-135017 is south of kimberlite body #152 and claim #S-15016 is north of kimberlite body #168 both which are operated by the joint venture. Claim #S-135018 is adjacent and north of Shore Gold's (SGF) Birch Lake kimberlite. The remaining mineral claims are strategically located and are currently surrounded by numerous other claims held by CMKI and other claim holders in the area.
quote:
Originally posted by Trader O:
The only thing I could find that links CMKX to deBeers is this: http://quickstart.clari.net/qs_se/webnews/wed/dp/Bnv-casavant-mining.Rx2u_DS3.htmlHowever, it is pretty outdated and the connection is as direct as we might want.
Casavant Mining Kimberlite International Announces Purchase of 25 Mineral Claims and Ground Magnetic Survey Update
Wednesday, 03-Sep-2003 6:40AM PDT
Story from Nv Casavant Mining via BizWire
Copyright 2003 by Business Wire (via ClariNet)
LAS VEGAS--(BUSINESS WIRE)--Sept. 3, 2003--Casavant Mining Kimberlite International (OTCBB:CMKM) is pleased to announce the purchase of 25 mineral claims from North Sask Ventures Limited (a private company), approximately 10,912 acres in the Fort a la Corne area. After airborne magnetic surveys were conducted in the Fort a la Corne area, most of these claims were staked by previous claim holders, due to anomalies that were acquired from data taken from the airborne magnetic surveys. Two of the 25 claims are adjacent to known diamond-bearing property operated by Kensington (KRT), Cameco, DeBeers Joint Venture in Fort a la Corne. Claim #S-135017 is south of kimberlite body #152 and claim #S-15016 is north of kimberlite body #168 both which are operated by the joint venture. Claim #S-135018 is adjacent and north of Shore Gold's (SGF) Birch Lake kimberlite. The remaining mineral claims are strategically located and are currently surrounded by numerous other claims held by CMKI and other claim holders in the area.
So they have some area next to Debeers, but there is no relation. Now check Debeers and see if they have found any diamonds in that area.
Brandon
How about the origin of man? And please, no references to evolution in any form...
I would like to see brandwilliams' original, non-contaminated thoughts and ideas.
Ok, ok, I'm finished. This is a STOCK board right?
As for CMKX, I own 500,000 shares and I would love to see it hit .01, but i'm not holding my breath.
quote:
Originally posted by brandwilliams:
Just like most of you, your minds do not work that well. Otherwise you would think for yourself instead of saying what others have embedded in your little brain.. I'm out, too hard for me to lower my intelligence to speak with brainwashed fools. I will respond no more. Still waiting for an ansewer to the Debeers question. It has been posted quite a few times by CMKX supporters, I just want to see some proof that a respectable company has anything to do with CMKX...Then I will consider buying myself..Brandon
[This message has been edited by highwaychild (edited May 17, 2004).]
quote:
Originally posted by Seamonkey:
Your god also says that when you die you will go to a better place.If it is so much better then why arent you in a hurry to get there.There is a short line and true followers are in a hurry to get there and in a hurry to buy a stock that stays at .0001.
Your correct ,
It is a better place,and I would much rather be there than here. I don't know why :Disease, worrying about money, wars , and every other horrible thing in this world. You are wrong; Christians do want to leave this place, but we have a purpose while we are here. Can you guess what it is? Trying to convince people like you that there is something to believe in, and look forward to. How do you think you came to be? A big bang created you? Think about it and I will pray for you!
[This message has been edited by needtoretire (edited May 18, 2004).]
Of course there are many religion boards on which these points can be debated...
quote:
Originally posted by vado:
When we start to judge others we are assuming divine responsibilities.....therefore we are pretending to be GOD at that moment and that in itself is wrong.
PS God has far more responsibilities than being involved in CMKX stock.
quote:
Originally posted by highwaychild:
Much better than anything QueerBID-T.V.'s got.Probably more viewers in a day here on Allstocks than there will be on....it.
Alright...i'd hate to join in on this battle that's been started...BUT... I'm a Christian, I read the Bible and take from it what I believe I am supposed to...and I dont think i can explain that to any of you (either Christian, "bible thumpers," agnosts, atheists, or any other religion). But being a Christian isn't about taking every word from the Bible and brainwashing yourself to believe every single word of this ancient text in this MODERN world. I believe God to be the one creator of this world, and Jesus to be our savior, and I ALSO believe that those who bash homosexuals for their way of life are outright wrong and blindly committing a sin! Alright, so maybe same gender sex is a sin...but God is the only One who punishes sins, who gave us the right to biggot sinners??? Maybe you, highwayCHILD, should check yourself and realize that you too are sinning and responding to this subject in a very CHILDish manner...try judging yourself before judging others. I seem to remember a quote from the Bible, maybe you can find it for me highway, it mentions that God will judge you in the manner that you judge others, dont be so quick and harsh in your judgements...you will have to face your own judgement soon enough, and I hope He doesn't look down upon you as you do to homosexuals (and no, i dont think homosexuality is something that automatically condemns oneself to hell...at least not any more than lieing to your brother or thinking those lustful thoughts ALL of us have condemns us...). Aren't all sins...sins...at least that's what I understand, a sin is a sin...so highwaychild and others, please realize your ignorance and arrogance in this matter and learn your true values and principles before you go judging others and inserting your unestablished opinions where they dont need to go.
CMKX looks promising...hopefully I can cash out of QBID when it reaches 0.3 and catch this train before it leaves without me.
[This message has been edited by Smctbone (edited May 17, 2004).]
.BTW...I'm a Christian, AND I believe in evolution (both macro and micro), and the Big Bang Theory is profound and explicative of the beginning of the Universe as is the Primordial Soup theory for the beginning of life.
Interesting how these theories can SOO easily be combined with the belief in God, yet soo many people contrast them as if they can not possibly go hand in hand.
GLTA with CMKX <= trying my hardest to make this pertinent to stocks...lol!
Brandon
Just some info for you to consider!
I pray you will Take the time to reconsider your time here!
Location of Prophecy
[1] Genesis 9,10 [2] Genesis 22:18 [3] Genesis 26:2-4 [4] Genesis 28:14 [5] Genesis 49:10 [6] Isaiah 11:1-5 [7] Samuel 7:11-16 [8] Micah 5:2 [9] Numbers 24:17 [10] Isaiah 7:14 [11] Psalm 107:29 [12] Isaiah 35: 4-6 [13] Isaiah 9:6 [14] Isaiah 45:23 [15] Isaiah 53 [16] Daniel 9:20-27 [17] Zechariah 9:9 [18] Zechariah 11:12, 13 [19] Isaiah 8:14 [20] Genesis 22 [21] Psalm 22 [22] Psalm 69:20-22 [23] Zechariah 12:10 [24] Psalm 41:9
The Proof of Prophecy
The Messiah
There are 322 prophecies regarding the Messiah in the Old Testament. The following describes the Messiah only from Old Testament prophecy.
The Messiah will descend from Shem [1], Abraham [2], Isaac [3] Jacob [4], Judah [5], Jesse [6], and King David [7]. He will be born in the city of Bethlehem in the county of Ephrathah [8] when a bright star appears [9]. It will be a miraculous, virgin birth [10].
The Messiah will be unique, having pre-existed His birth [8]. He will perform many miracles: calming the sea [11] and causing the blind to see, the deaf to hear, the lame to walk, and the mute to talk [12]. He will be referred to in many ways including: God with us [10], wonderful counselor, mighty God, everlasting Father and prince of peace [13]. One day He will rule over everything-all nations will bow down to Him [14], [21].
The Messiah, however, will come to save mankind [15]. He will become man's sin offering [15]. and present Himself to Jerusalem as both the anointed king [17] and the Passover lamb [15]. This will occur exactly 173,880 days after the decree by Artaxerxes to rebuild both Jerusalem and the Temple [16]. So, four days before passover, the Messiah will present Himself to a rejoicing Jerusalem riding on a donkey [17]. But then He will suffer greatly [5]. He will be rejected by many including His friends [15]. He will be betrayed by a friend [24] for 30 pieces of silver [18]. Later that money will be thrown on the floor of the temple [18] and will eventually go to a potter [18]. At His trial He will not defend Himself. He will say nothing [15] except as required by law. Israel will reject Him. [19]
The Messiah will be taken to a mountaintop identified by Abraham as “the Lord will provide [20].” There He will be crucified with His hands and feet pierced [21]. His enemies will encircle Him [21], mocking Him, and will cast lots for His clothing [21]. He will call to God asking why He was “forsaken [22].” He will be given gall and wine [22]. He will die with thieves [15]. But unlike the thieves, none of His bones will be broken [21]. His heart will fail [21]...as indicated by blood and water spilling out [21] when He is pierce with a spear [23]. He will be buried in a rich man's grave [15]. In three days He will rise from the dead [15],[21].
Can you hear me now? Good!
[This message has been edited by needtoretire (edited May 18, 2004).]
Brandon
quote:
Originally posted by brandwilliams:
A much better approach retire. Thing is, your showing scripture from a book that I believe to be false. I understand to you, your response would be but they told it before it happened. And my response would be, no they told it how it was supposed to happen. I would just like to see some proof. In the past I have prayed to Jehova and asked him to show me a sign, cause I badly needed to see some type of preminition of his being to continue to believe. Now I am as sure as I am typing here its not true. If there is a god, better yet your god, then hopefully you will be where you desire in the "afterlife". For me, if its burning eternally, then so be it. Though I don't understand how a "soul" without nerves, and is intangible, could feel fire. When I was a christian I always felt that being in hell was being shun from god, and in the spirtual world that would be the worst punishment. And as far as streets of gold forget that crap. Why would spirits or angels care about an element found in earth, that humankind has put a value on due to its rarity and looks. Same reasoning I used about the whole fire and brimstone. That's in my past and younger days when I was much more influential and naive. I could never go back to that unless I seen a preminition from Jehova, Jesus, Buddah, Allah, or the hundreds of other gods believed to be true. Though I would prefer to be Jewish since they seem to have tons of money and businesses..LOLBrandon
It wouldn't be called faith I guess if we were to recieve a sign every time we needed to be reassured. I do know that GOD answers prayers because he has answered some of mine.
I do wish you good luck in your life, and I pray some day you will meet someone who will take the time to talk to you and discusss [ not argue ] your beliefs.
Good evening Brandon!!
For other Christians to ponder...don't you think we're pretty lucky to be the one and only religion that earns the right to enter the gates of Heaven, and all those other religious denominations (Hindu, Muslim, Buddhism, etc) are condemned to Hell??? Seems like an arrogant point of view to me. Religion IS origin specific....and I don't think God would rely on such details to send his children to hell...(ie. Nabeel was born in Pakistan, I condemn him to hell...Oma, born in Africa, to Hell...Praveen, born in India, to Hell)...that just doesn't seem reasonable.
So about CMKX, when do you think it'll run? <=
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CashCow
Ok Fella's Geeze I totally agree but lets not get sucked in by this guy!
quote:
Originally posted by CashCowMoo:
this whole page of #14 is nothing but a bunch of bull**** childish posts. how old are you people
And the other 13 pages aren't? But I will not post on this subject anymore here. If anyone would like to keep this in discussion it can be moved to the off stock subject board.
Brandon
I was at work today telling a friend about CMKX told him he should buy 100$ worth just to give it a try. After telling him about the stock I sat there thinking if I could only know what the future would bring. I read a post about a guy that his grandmother told him that he would be rich in diamonds so i thought WOW wish I could get a sign like that LOL. Well I get home today and BAMMMMM my wife says guess what your son found to day? It was a diamond ring had a big heart shaped in the middle and 8 smaller on the sides. Just hope I can find the owner since it looks like a wedding ring. WHAT A DAY!!!
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If you don't want to read any post about religion go to next message. For the record, I do believe the Bible and if you were able to watch my life you would say I live it out as much as I possibly can. I make plenty of mistakes, can be crabby, hot headed, and hate to be corrected. On the flip side I work hard to make the world a better place for kids and have foster parented some kids from very abusive backgrounds and adopted some mentally handicapped kids. They are adorable and doing great. I sponsor 6 kids on 4 different continents, getting them clean water and sanitaion, education, access to medical care and job training through World Vision and Compassion. Besides trading stocks I work as a singer and songwriter and in my concerts try to get kids sponsored thru World Vision. That is what I think Jesus would do thru me and that is why I use the screen name I chose. I am saying this not to say how wonderful I am-I can be petty and am as much a sinner as anyone. I try to follow my conscience and that is sometimes very hard to do. Jesus told us to love our enemies. Impossible (without his help). It is hard to love our friends and family even our spouses sometimes. Jesus did warn us about judging others -but I do think that is misunderstood. The word judging there is more like a judge passing a sentence -condemning someone-that is what we are warned not to do. To not pass a condemnation onto someone -But we are told to teach others right from wrong in a loving manner, considering that we ourselves are weak and easily tempted and fall.
---------------------------------------------
I didn't post on the Q thread. I am happy for all the people who have made a bundle on that and will make a bundle on it. I knew at .0001 that it was going to run soon and be huge. But I also couldn't buy it, because it conflicted with what I believe, and what I want for my children to be taught and to see. It was a huge tempatation for me. I thought of that Woody Allen quote 'the thing I hate about selling your soul to the devil is the long lines'. I think he says some very funny truisms. I will post anything further on the religion thread and I apologize to any who are offended that we talked religion here. But it is difficult to not want to share our views and insights on such great topic. Have a great day all. -Debi
CMKX-Important $16.80 vs $1.40 Follow-up...
There is an important follow-up to that post/link below that everyone must focus on too. http://www.ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=1083
Please understand that Dr. Hutchison did not state whether or not the $40 to $80 billion valuation in his interview was a revenue amount. I converted such figures into revenues since this is all we have to go by to use for determining a fundamental valuation. This is called the Residual Pricing Technique for valuation analysis which is used when there are no financials filed with the SEC or any other confirmation of revenue and/or income.
Dr. Hutchison also did not state whether he was referring to annual valuation or a valuation over the next 10, 20, 30, or 50 years. Within my initial version of that post, I had deleted information that would have explained such much better. I was trying to shorten the post up and it might have left much unanswered to some which is why I had to go back and provide more food for thought for just in case reasoning.
Thought 1
If Dr. Hutchison really meant to say that CMKX could be worth "annually" $40 to $80 billion with the development of a major mining operation, then the PE ratio that I used of 12 would justify a minimum price of $16.80 per share from my calculations.
Thought 2
If Dr. Hutchinson meant for the $40 to $80 billion to be viewed as an exponential valuation over an extended period of years peaking out at such amounts for valuation then the PE multiple should not be used. This would mean that the calculation would justify CMKX having a share price of $1.40 per share. This would now be derived by going back and dividing out the 12 PE ratio/multiple that I had originally used to manifest as shown below:
$16.80 ÷ 12 PE Ratio = $1.40
Actually, I had shown the derivation of the $1.40 per share price for this understanding differently within the deleted version of that post, but $1.40 share price was the same. I even had it figured out based on 10, 20, 30, 40, and 50 year time expectancy rates that Dr. Hutchison could have been meaning. It really might have made things more confusing.
I concluded from Dr. Hutchison’s thoughts a variety of worse case scenarios mixed with some best case scenarios. Let me try to capture these thoughts in a better to absorbed manner. Example: I calculated those figures with using the amount for "Expenses" to be $5 billion. I don't think that we will have $5 billion in expenses, but I used such as a worse case scenario to reflect the power and potential of CMKX.
Of course, the $1.40 per share looks a bit more realistic than $16.80 per share. Either way, wouldn't you agree that we being in CMKX at these current prices are in a very good position? I hope this helps to see my derivations.
I guess from an IPO stand point too, the $16.80 per share don't look so bad after all!
Another quick point to consider is if Urban was buying shares, he was probably doing so from money given to him by DeBeers, the Saskatchewan Government, or major investors that he has already proven the value of CMKX. These are all some of my opinions and could be saved in another topic at a later time. Good fortunes to us all!
;-)
Sterling
___________________________________________
May God Bless All.
quote:
Originally posted by flashovertx:
I just wish that my buy order would go through one of these days..going on 4 days now....at a GTC limit of .0001. of only 500,000 Hasnt bitten once........
No idea... Maybe switch it back to 250k at .0002 ... Did you call them to check and make sure it's in the system correctly? Seems like you still have some time to let it sit and see the buy goes through.
quote:
Originally posted by flashovertx:
wel..DiQ....
I am new to all of this and have posted this problem for the last 4 days, if someone would have pointed that out to me in the first place, i could have learned something new a bit earlier and saved myself some frustration....
alphatrade.com level 2 for pinks
You wish to save frustration? AVOID CMKX like it is the plague. The "Company" is a scam. Always was... always will be.
Please read all threads on this board concerning CMKX/ CMKM. After your reading is done, research this company and it's past PR's.... all PR's are the same and the PPS doesn't budge. CMKX/CMKM/CMKI is in the process of selling shares a billion a day. Please don't pour your retirement into this black hole.
Sub-pennies stocks are a joke anyway. Sometimes you laugh at how gullible you were, sometimes you laugh all the way to the bank.
quote:
Originally posted by chessco:
DQR,
When I see my holdings in more "respectable" stocks swell and melt by thousands of $ within a few days against all logic, I figure I might as well take the chance of wasting a few hundred $ by my own doing.Sub-pennies stocks are a joke anyway. Sometimes you laugh at how gullible you were, sometimes you laugh all the way to the bank.
Nicely put..
quote:
Originally posted by FurrySound:
I've sold at .0001 and bought at .0001 ... within the last 2 weeks (both limit orders). So its possible, just takes patience and some luck.
You have bought at and sold at the same price and that is a good thing??
quote:
Originally posted by DiQuiRiesco:
You have bought at and sold at the same price and that is a good thing??
Question: Has anyone bought at .0001 and sold at .0002?
I beginning to wonder! lol
quote:
Originally posted by OneGreater:
Question: Has anyone bought at .0001 and sold at .0002?I beginning to wonder! lol
Only the MM's. The only people making money off this stock are the Market makers (who bought at .00005), the transfer agent who gets $175 for every hundred million shares printed, and Mr. Cassavant himself. Don't be fooled by those who say otherwise. As can be seen in an earlier post, selling for the buy in price is a major accomplishment and gleefully announced. What does this say to you?
16:02:27 5000000 0.0001 - OTCEQ_NBB T (F)
16:02:09 9000000 0.0001 - OTCEQ_NBB T (F)
16:01:09 1104700 0.0001 - OTCEQ_NBB T (F)
16:01:06 1000000 0.0001 - OTCEQ_NBB T (F)
16:01:06 5000000 0.0001 - OTCEQ_NBB T (F)
16:01:06 1500000 0.0001 - OTCEQ_NBB T (F)
16:01:06 4000000 0.0001 - OTCEQ_NBB T (F)
16:01:06 5000000 0.0001 - OTCEQ_NBB T (F)
16:01:06 1000000 0.0001 - OTCEQ_NBB T (F)
16:01:06 2500000 0.0001 - OTCEQ_NBB T (F)
16:01:06 5000000 0.0001 - OTCEQ_NBB T (F)
16:01:06 650100 0.0001 - OTCEQ_NBB T (F)
16:01:06 9245200 0.0001 - OTCEQ_NBB T (F)
16:00:21 2000000 0.0001 - OTCEQ_NBB T (F)
16:00:21 2000000 0.0001 - OTCEQ_NBB T (F)
16:00:21 3500000 0.0001 - OTCEQ_NBB T (F)
16:00:21 954800 0.0001 - OTCEQ_NBB T (F)
16:00:21 2000000 0.0001 - OTCEQ_NBB T (F)
16:00:21 5000000 0.0001 - OTCEQ_NBB T (F)
16:00:21 5000000 0.0001 - OTCEQ_NBB T (F)
16:00:21 3000000 0.0001 - OTCEQ_NBB T (F)
16:00:21 3500000 0.0001 - OTCEQ_NBB T (F)
16:00:21 1000000 0.0001 - OTCEQ_NBB T (F)
16:00:21 3000000 0.0001 - OTCEQ_NBB T (F)
16:00:21 2850100 0.0001 - OTCEQ_NBB T (F)
16:00:21 1000000 0.0001 - OTCEQ_NBB T (F)
16:00:21 4272000 0.0001 - OTCEQ_NBB T (F)
16:00:21 1000000 0.0001 - OTCEQ_NBB T (F)
16:00:21 5000000 0.0001 - OTCEQ_NBB T (F)
16:00:21 950000 0.0001 - OTCEQ_NBB T (F)
16:00:21 5000000 0.0001 - OTCEQ_NBB T (F)
16:00:21 100000 0.0001 - OTCEQ_NBB T (F)
16:00:21 1500000 0.0001 - OTCEQ_NBB T (F)
16:00:21 192000 0.0001 - OTCEQ_NBB T (F)
16:00:21 5000000 0.0001 - OTCEQ_NBB T (F)
16:00:21 2000000 0.0001 - OTCEQ_NBB T (F)
16:00:21 1000000 0.0001 - OTCEQ_NBB T (F)
16:00:21 3000000 0.0001 - OTCEQ_NBB T (F)
16:00:21 1000000 0.0001 - OTCEQ_NBB T (F)
16:00:21 2000000 0.0001 - OTCEQ_NBB T (F)
16:00:21 581100 0.0001 - OTCEQ_NBB T (F)
16:00:21 5000000 0.0001 - OTCEQ_NBB T (F)
16:00:21 1000000 0.0001 - OTCEQ_NBB T (F)
16:00:21 500000 0.0001 - OTCEQ_NBB T (F)
16:00:21 5000000 0.0001 - OTCEQ_NBB T (F)
16:00:21 1000000 0.0001 - OTCEQ_NBB T (F)
16:00:21 9000000 0.0001 - OTCEQ_NBB T (F)
16:00:21 5000000 0.0001 - OTCEQ_NBB T (F)
16:00:21 5000000 0.0001 - OTCEQ_NBB T (F)
16:00:21 6000000 0.0001 - OTCEQ_NBB T (F)
16:00:21 5000000 0.0001 - OTCEQ_NBB T (F)
16:00:21 5000000 0.0001 - OTCEQ_NBB T (F)
16:00:21 9500000 0.0001 - OTCEQ_NBB T (F)
16:00:21 500000 0.0001 - OTCEQ_NBB T (F)
16:00:21 500000 0.0001 - OTCEQ_NBB T (F)
15:58:39 3000000 0.0002 + OTCEQ_NBB
15:58:30 6000000 0.0001 - OTCEQ_NBB
15:56:30 1000 0.0002 + OTCEQ_NBB
15:55:36 2100000 0.0002 + OTCEQ_NBB
quote:
Originally posted by Bo14172:
Somethin' is brewing folks. I haven't run the tally, but light trading turned into a 100+ million share frenzy at 14:00, with residual trades at 14:01 and 14:02. Like I say I didn't tally, but quite a remarkable site.
*Buckle up*16:02:27 5000000 0.0001 - OTCEQ_NBB T (F)
16:02:09 9000000 0.0001 - OTCEQ_NBB T (F)
16:01:09 1104700 0.0001 - OTCEQ_NBB T (F)
16:01:06 1000000 0.0001 - OTCEQ_NBB T (F)
16:01:06 5000000 0.0001 - OTCEQ_NBB T (F)
16:01:06 1500000 0.0001 - OTCEQ_NBB T (F)
16:01:06 4000000 0.0001 - OTCEQ_NBB T (F)
16:01:06 5000000 0.0001 - OTCEQ_NBB T (F)
16:01:06 1000000 0.0001 - OTCEQ_NBB T (F)
16:01:06 2500000 0.0001 - OTCEQ_NBB T (F)
16:01:06 5000000 0.0001 - OTCEQ_NBB T (F)
16:01:06 650100 0.0001 - OTCEQ_NBB T (F)
16:01:06 9245200 0.0001 - OTCEQ_NBB T (F)
16:00:21 2000000 0.0001 - OTCEQ_NBB T (F)
16:00:21 2000000 0.0001 - OTCEQ_NBB T (F)
16:00:21 3500000 0.0001 - OTCEQ_NBB T (F)
16:00:21 954800 0.0001 - OTCEQ_NBB T (F)
16:00:21 2000000 0.0001 - OTCEQ_NBB T (F)
16:00:21 5000000 0.0001 - OTCEQ_NBB T (F)
16:00:21 5000000 0.0001 - OTCEQ_NBB T (F)
16:00:21 3000000 0.0001 - OTCEQ_NBB T (F)
16:00:21 3500000 0.0001 - OTCEQ_NBB T (F)
16:00:21 1000000 0.0001 - OTCEQ_NBB T (F)
16:00:21 3000000 0.0001 - OTCEQ_NBB T (F)
16:00:21 2850100 0.0001 - OTCEQ_NBB T (F)
16:00:21 1000000 0.0001 - OTCEQ_NBB T (F)
16:00:21 4272000 0.0001 - OTCEQ_NBB T (F)
16:00:21 1000000 0.0001 - OTCEQ_NBB T (F)
16:00:21 5000000 0.0001 - OTCEQ_NBB T (F)
16:00:21 950000 0.0001 - OTCEQ_NBB T (F)
16:00:21 5000000 0.0001 - OTCEQ_NBB T (F)
16:00:21 100000 0.0001 - OTCEQ_NBB T (F)
16:00:21 1500000 0.0001 - OTCEQ_NBB T (F)
16:00:21 192000 0.0001 - OTCEQ_NBB T (F)
16:00:21 5000000 0.0001 - OTCEQ_NBB T (F)
16:00:21 2000000 0.0001 - OTCEQ_NBB T (F)
16:00:21 1000000 0.0001 - OTCEQ_NBB T (F)
16:00:21 3000000 0.0001 - OTCEQ_NBB T (F)
16:00:21 1000000 0.0001 - OTCEQ_NBB T (F)
16:00:21 2000000 0.0001 - OTCEQ_NBB T (F)
16:00:21 581100 0.0001 - OTCEQ_NBB T (F)
16:00:21 5000000 0.0001 - OTCEQ_NBB T (F)
16:00:21 1000000 0.0001 - OTCEQ_NBB T (F)
16:00:21 500000 0.0001 - OTCEQ_NBB T (F)
16:00:21 5000000 0.0001 - OTCEQ_NBB T (F)
16:00:21 1000000 0.0001 - OTCEQ_NBB T (F)
16:00:21 9000000 0.0001 - OTCEQ_NBB T (F)
16:00:21 5000000 0.0001 - OTCEQ_NBB T (F)
16:00:21 5000000 0.0001 - OTCEQ_NBB T (F)
16:00:21 6000000 0.0001 - OTCEQ_NBB T (F)
16:00:21 5000000 0.0001 - OTCEQ_NBB T (F)
16:00:21 5000000 0.0001 - OTCEQ_NBB T (F)
16:00:21 9500000 0.0001 - OTCEQ_NBB T (F)
16:00:21 500000 0.0001 - OTCEQ_NBB T (F)
16:00:21 500000 0.0001 - OTCEQ_NBB T (F)
15:58:39 3000000 0.0002 + OTCEQ_NBB
15:58:30 6000000 0.0001 - OTCEQ_NBB
15:56:30 1000 0.0002 + OTCEQ_NBB
15:55:36 2100000 0.0002 + OTCEQ_NBB
Yes, buckle up indeed as you are about to enjoy the hair raising thrill packed experience of watching grass grow during a drought.
It's easy to spot QBID fear, but rest easy Diquir. Understand that profits from CMKX will flow toward your sodomy stock in a big way and you'll be fine.
Has QBID ever traded at .0001?
For how long did it trade at .0001-.0002? (look up a 2 year chart on QBID)
Has QBID earned any money from it's "network" yet?
Has QBID moved because of a current plan they are now executing?
1.9 million acres of land has value. 1.9 million acres of land with diamond rich kimberlite has huge value.
Is CMKX undergoing a share restructuring along with the beginning of drilling and recovery of kimberlite?
Scared QBID traders are understandably reeling, especially being down 60% over the last 6 weeks, but you'll be fine. Any profits here will help see to that. So rethink your hollow position and consider the current acivity taking place as something positive for your sodomy stock in the long run.
quote:
Originally posted by Bo14172:
Diqui...It's easy to spot QBID fear, but rest easy Diquir. Understand that profits from CMKX will flow toward your sodomy stock in a big way and you'll be fine.
Has QBID ever traded at .0001?
For how long did it trade at .0001-.0002? (look up a 2 year chart on QBID)
Has QBID earned any money from it's "network" yet?
Has QBID moved because of a current plan they are now executing?
1.9 million acres of land has value. 1.9 million acres of land with diamond rich kimberlite has huge value.
Is CMKX undergoing a share restructuring along with the beginning of drilling and recovery of kimberlite?Scared QBID traders are understandably reeling, especially being down 60% over the last 6 weeks, but you'll be fine. Any profits here will help see to that. So rethink your hollow position and consider the current acivity taking place as something positive for your sodomy stock in the long run.
Bo,
Did I proclaim I owned QBID presently? Have I distinguished myself as a QBID share holder since a month ago?
I understand you are missing a sock.
Please understand the wool sock you lost is now worn by Baaaaa' haaaaart. My guess is, bring corn meal and whisper throatily "who's your lint daddy" before you engage in what will be called the most grotesque repossesion of all time.
quote:
Originally posted by richnessforeveryone:
flashovertx....
My order 20,000,000 shares (buy order) was filled IMMEDIATELY for $0.00015/per share...
So if you want your shares set your buy price at $0.00015
I live in Europe and went thru my local bank for this order (no online broker).
quote:
Originally posted by richnessforeveryone:
Diqui....
You lose your time here........
My time is my own, and will be spent how I choose.
You will see in the hours to come those who are more than "seasoned" will join in my crusade against idiocy.
This CMKX/CMKM/CMKI thread will again be assailed by those more capable than you, with tales of despair, tales of waiting weeks to buy and months to sell for less.
Let me ask you.
In the last nine months what is your lowest buy point, what is your highest sell point?
Be honest as I will not allow anything else.
[This message has been edited by richnessforeveryone (edited May 18, 2004).]
quote:
Originally posted by richnessforeveryone:
Listen Diqui...
I bought today 20,000,000 shares for $0.00015/per share.....
Mining projects ask time , time, and time and a lot of money to show some results .......
I have time and will stay ' long ' for twenty years or more if needed but I know now that I will make a lot of money.....
I let you guess why considering you are so intelligent....
Perhaps I would be too old for spend the earned money......I have no children but a few nephews and nieces which will certainly some days profit from my money...
The problem with you 'the younger generation ' is that you want all IMMEDIATELY and that you have no patience....
Take your risk, wait long years and perhaps you will be lucky but certainly not overnight.......
Its your right to let us know that for you this company is a scam...okay....but don't take the others which takes some risks on this company for idiots.
[This message has been edited by richnessforeveryone (edited May 18, 2004).]
Wanna give that one a shot in Bipedal mamalian?
quote:
Originally posted by richnessforeveryone:
I have no children but a few nephews and nieces
Thank God for that. Please DO NOT PROCREATE!!!!!!!!!!!!
I think that Urban is about to take CMKX off the pinks and on to the OTCBB. Then I think he will take CMKX from the OTCBB to the NASDAQ. We thought the reverse merge was to be with UCAD. It could be a reverse merger into a NASDAQ company. Just think, many NASDAQ companies would love to have this type of exposure. This wouldn’t be the first time a pink sheet stock went to the NASDAQ. I just don't see him being in a position to attract this much national exposure and still remain on the pink sheets.
“All they have to do” is to first get their share structure and financials pushed through their lawyers and on to the SEC. If properly coordinated, this could happen quickly. I believe this is something that CMKX have been working on all along.
This also could be why the SEC has not halted CMKX after being reported and inspected. The SEC has been aware of what has been in the works for a very long time now as I tried to inform others to remain patient. I think many can now see that this is bigger than what many have already expected.
CMKX is aware that major investors are waiting in the wings for them to move to the next levels of trading on the OTCBB to prove their seriousness. As for those who will be selling anywhere before a penny, there will be new investors continuously waiting in the wings to snatch those shares up. I believe that CMKX will establish a new base of shareholders on every dip once the runs begin.
I believe that CMKX already have those major investors and institutions already lined up. It should not be hard for others to see the same in my opinion with all of the connections that have already been made public. There is much more that have not been made public in my opinion. There are many that would welcome buying CMKX at a premium after CMKX further validate their presence of significance.
This news below should be enough to understand how the networking of key connections is just now beginning: http://www.racingwest.com/news/story.php3/8679/index.htm
I say "All they have to do" because I believe that CMKX is aware of this and have all of the paperwork done and is just waiting to place the share structure to the filings. I don’t think that Urban wants this to be trading at .0001 cent and not moving while receiving all of this national exposure.
Urban has to be aware that it would spook major investors if they don’t allow for CMKX to begin moving. I’m sure he has already placed timelines for movement to fall in line with key events. We are nearing those times. I think that he wants CMKX on the OTCBB before this major publicity campaign starts. This would mean that we should see a quick announcement of CMKX returning back to the OTCBB with the announcement of the share structure being filed with the SEC.
Even still, there are many CMKX affiliates that are not even aware of the trading aspect of CMKX as like many of us. This is how Urban wants it in my opinion. It’s not that he is hiding it from them. He is keeping business and trading separate from some while combined for other business partners.
As for the share structure, there are so many thoughts that I think we are very near to where share structure speculation is not essential anymore. I believe that the remedy that we are about to see will put investors minds’ at peace and we will move forward on to other topics of discussions. It’s either you trust Urban at this point or not. I have had enough revealed to feel at peace with my investment into CMKX. Whatever he is doing is a lot larger than any penny stock that I can think of right now. Too many key players have already been made known to be supporters of CMKX’s business plan that it’s only one way up from here and that is up in a very huge way. We all will see.
David Stone recently resigned as president of Kensignton who is in strong affiliation with DeBeers. Who better to add to your Project Surround team than the one who was a major player for growing the Kensington-DeBeers-Cameco joint venture in Fort a la Corne to what it has matured into being. Please read the links below for more details:
From the PR and Newspaper article... http://biz.yahoo.com/bw/040426/265402_1.html http://ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=2940
I think we will see why it was mentioned that in the Canadian Newspaper article that David stone is moving in a different philosophical direction. It has been mentioned that Urban is no doubt interviewing worldwide notables to fill one of the remaining board of director positions. Imagine what would happen to the continuity of CMKX (& share price) if they add such an individual to their board of director positions, or higher. http://www.ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=3163
We probably will be seeing some huge affiliations joining the party after this runs a bit too in the likes of Ford, Dodge, Chevy, Toyota, Nissan, etc. Since CMKX is the primary sponsor of the races that they all are involved, it will become a thing of investing into each other to help each other out. I expect to see some increased networking take place between all of these entities. They are going to no doubt want to buy a position of CMKX and to assist in getting their investment to the major markets too. Again, these connections could have already transpired for CMKX to have been awarded the position to sponsor these major events. http://www.speedtruck.com/
Because of this new found role of sponsorship, CMKX will no doubt now be positioned for bigger and better things.
Now back to the NASDAQ thoughts. A company must move from the pinks to the OTCBB and then to the NASDAQ if I’m not mistaken. There are companies that are trading on the NASDAQ today that are looking for a way to increase their versatility to instill a shot of growth into their stock. What better ways to do this than to allow CMKX to either merge or reverse merge into your business plan?
I’m saying NASDAQ, but I’m really referring to any stock on any of the major markets. Any stock trading on either of the major markets that is in jeopardy of being delisted would no doubt welcome the addition of a diamond exploration company that has diamonds in my opinion.
Even if we reverse merge, I would expect to see something similar as to what happened to the share price of CMKC, now CKEC, which is not related to CMKX although their tickers are similar.
CMKC, formerly CKECQ for those who remember, had come out of its reorganization from bankruptcy in Jan 02 at .19 cents per share as indicated below: http://www.findarticles.com/cf_0/m4PRN/2002_Jan_3/81256049/p1/article.jhtml http://www.findarticles.com/cf_0/m4PRN/2002_Feb_7/82624153/p1/article.jhtml
CMKC went from .19 cents to $1.02 per share from its reorganization from bankruptcy. Then CMKC then soon went to $3.46 per share. Soon afterwards, CMKC went from $3.46 price range to opening up at $17.75 per share on 4 Feb 02, on the OTCBB from trading on the pink sheets. http://www.findarticles.com/cf_0/m4PRN/2002_Feb_5/82525123/p1/article.jhtml
Later it opened up under its new (old) ticker of CKEC on the NASDAQ on 23 May 02 at $30.00+ per share. The bid never dropped on that day below $29.28 and the stock closed at $30.12 per share for that day. Later the stock drifted downwards to later stabilize at the $16.00+ per share for months.
Today, 1 May 04, CKEC is trading at $37.74 per share as indicated below: http://finance.yahoo.com/q?s=ckec
It has been trading over $25.00+ per share since 13 Aug 03 and over $35.00 per share since 22 Oct 03.
I’m not saying that CMKX will do the same as CKEC although even doing near such would be nice. I just don’t think that Urban is doing all of this to remain on the pinks. I just think that it is now time for us to start thinking “Big Picture” and not “Little Picture” for share price movements of justification. With what have been now reveled to the public, there should be no doubt in anybody’s mind that CMKX is well worth the risk.
I’m sure that he was told or is no doubt aware that when he gets off the pinks, he will have a new group of investors that will invest into CMKX. He will pick up new investors all throughout this marketing campaign. The networking is now in the mix and has been for some time now.
Since we really never had a bid for months, this eliminates the thoughts that he was selling shares on the open market. If any selling or whatever selling that was done was done at a level of trading outside of Level’s I and II. I take this to mean that such trading at such levels outside of the open market was done to rectify the share structure of CMKX.
As for the retiring of shares to fix the share structure, CMKX should be nearing completion if we have not completed doing so as of yet. It would be very powerful if he retired shares with the results of having those shares ceased to exist. This would mean that he was wiping out the authorized shares (AS) all along. This would mean the new AS would be equivalent to the outstanding shares (OS) which would probably be equivalent to the float. That would mean us.
So, if I had to guess, there is a good chance that we might not see a PR of the share retirement being completed, but one would be nice. Our reward for being shareholders is Urban putting our shares in a position to be bought by other investors who would want your shares at a premium. To include him and other insiders to further retire more shares at higher prices as value is enhanced. This means that as more people sell the more shares to be bought to go towards continued retirement if his goal has not been met for his desired OS.
The more shares Urban retires, the higher the fundamental value of CMKX shares would be since these are shares from the OS and/or float. Read below to understand the share retirement process: http://www.ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=2727
As for the exact details, there are many thoughts that could be generated to justify such activities. We really should not even focus anymore on the exact details of how Urban is retiring shares; we should just know that he is doing such and be glad.
I just don’t see all these marketing and drilling actions evolving into a stock remaining on the pink sheets. There are too many other entities involved too deep besides Urban, friends, and family right now for this to fail. I think the share price is nearing the atmosphere and is on its way to the moon.
These are all my opinions and should only be considered as “theories” until converted into “facts” by CMKX. We should be nearing prosperity very soon with CMKX!
Sterling
_____________________________
May God Bless All.
quote:
1 day closer to getting the Samples back from the lab that we have diamonds!
I thought it was a fact that they already have diamonds. That's what you posted in the CMKX news.... thread. Still waiting to hear where you found that information.
quote:
I spoke to two Professional miners and both said that based on what they see with ckmx, with over 20 years of experience mining, they are 100% they have diamonds. I could go on but its quite obvious.
You know, guys like you are the reason us nay-sayers keep coming back. You post something as a FACT (your words, not mine) then three or four hours later you come back and say it's based on some supposed conversations you had with two miners. In the mean time, how many brand new investors do you suppose looked at your post and decided to buy this stock? What you in fact did was post knowingly false information which is grounds for being banned from Allstocks and in my opinion, you should be.
quote:
Originally posted by DiQuiRiesco:
Wanna give that one a shot in Bipedal mamalian?
Oh...you mean human?LOL!!
The money that I just spend came from profits I made from QBID. This stock is very high risk and very high rewards if you have the money its well worth it. JMOO
Personally I think unless you have facts on either side of the isle (either basher or pumper) that you shouldn't put any post for or against the stock at all. The bashers are just as bad as the pushers because they have no facts to back their statements that this is a scam except speculation and here-say.
Fact: They bought a funny car and an art collection.
Fact: Billions of shares trade every day with no movement.
Fact: I have never and will never own CMKX
Fact: IF, AND ITS A BIG IF, this stock ever starts to move, say .0003/.0004, then you will see panic buying like crazy and it could drive the pps to insane levels.
Fact: I wish you all the best of luck and hope this goes to .01 so you are all rich
quote:
What I find funny is that the some of the nay sayers on cmkx are supporters of QBID. I wonder if you were Nay Sayers back when QBID was at .0001? If you were then you are a bunch of hypocrits on 2 accounts. One is that you are now supporting QBID and two that you are bashing another stock at .0001 that doesn't have any less potential than QBID did at the time. I mean GEEZ. If you want to look at a stock the appeared to be a big scam at .0001, look at QBID. Here is a stock that went up twice and failed to launch and you are going to trust them a 3rd time. Well the ones that did are laughing all the way to bank now and I will hopefully be doing the same on this stock.
Personally I think unless you have facts on either side of the isle (either basher or pumper) that you shouldn't put any post for or against the stock at all. The bashers are just as bad as the pushers because they have no facts to back their statements that this is a scam except speculation and here-say.
I don't know if this post was directed specifically at me or not but, if you are new to this thread you can read back and see that I have never owned QBID and do not have an opinion on it one way or the other. Also you will see that I do have a position in this stock which somewhat entitles me to speak my mind. I do agree with you that only facts should be posted which is why I questioned emunah on his post in the other CMKX thread. I also think that if you read the entire thread you will see that the people who are negative on this stock have at least formed their opinion based on facts of the history of both this company and Mr. Casavant. You won't find too many negative posts that aren't backed up by some facts while most of the cheerleader posts are similar to this mornings such as: "They have diamonds! Buy now!" Statements like that are far worse than any fact based "bashing" as they have the real potential to entice a new investor into loading up on what is at best, a very questionable stock.
Briwadd
Good Luck to all news is near and a penny its right around the corner.
May 5, 2004 4:49:30 AM
United Carina Resources Corp. and Consolidated Pine Channel Gold Corp. are pleased to announce that the first two holes drilled on their Smeaton, Saskatchewan area property have encountered significant intersections of Kimberlite.
Hole number one entered Kimberlite at a depth of 410 feet and continued in Kimberlite to a depth of 903 feet for a total intersection of 483 feet. This intersection is one of the thickest to be encountered in the Fort la Corne area to date. Hole number two entered Kimberlite at a depth of 394 feet and stayed in Kimberlite to 640 feet for a total thickness of 246 feet.
Preliminary logging of the two holes was conducted in a secure warehouse and then split. The samples from the two holes were then transported to the Saskatchewan Research Council's diamond laboratory in Saskatoon for analysis.
After a short break to allow ground conditions to thaw and dry out, drilling is about to resume on this target, with two or three more holes to be drilled. The purpose of these holes is to further define the geometry of the Kimberlite pipe and to provide further samples to assay for any diamond content.
The Smeaton property is currently jointly owned by United Carina and Pine Channel, with CMKM Diamonds Inc. (CMKX - Pink Sheets) and U.S. Canadian Minerals Inc. (UCAD - OTC Bulletin Board) each earning a 25% interest. The 25% interests will be earned by CMKM Diamond Inc. and U.S. Canadian Minerals Inc. each providing US$50,000 and each funding Cdn$200,000 worth of exploration on the 27 claim property. Following the drilling of the current target, further work will be conducted on the other areas of the property. Mr. Urban Casavant, President of CMKM Diamonds Inc., the Operator, has informed the Companies that the project is ahead of schedule and under budget.
The Qualified Person on this project is Mr. Ralph Newson of Saskatoon, Saskatchewan.
CONTACT: TEL: (306) 664-3828 Consolidated Pine Channel Gold Corp.
FAX: (306) 244-0042 Rick Walker, President, UCA and KPG
By: oldepro
19 May 2004, 11:32 AM EDT
Msg. 232139 of 232102
(This msg. is a reply to 232094 by drstephenarvay.)
Jump to msg. #
Good morning Drsteph. I was going through the cmkx filings last night. I'm sure you noticed, but I didn't. Cmkm Diamonds was incorporated on 4-18-02. Cmki was incorporated on 1-23-03. The name change and charter amendment was 10-03-03. This is also when the a s was raised to 10,000,000,000. What's my point. Diamonds have ALWAYS come before mining. UC doesn't want to be a miner, he wants to be the King of Diamonds. His ace in the hole are the claims. He knows the value of the other minerals on the claims. I think this is where ucad and cmi come in. Somehow he will seperate the two, diamonds and minerals. That is the reason for the smeltering royalty on the joint venture. I think we will be two companies, mining and RETAIL diamonds. Retail diamonds are the reason for the funny car. I still picture QVC on the car. You don't need a funny car to advertise a mine. You could use it to promote retail diamonds AND your partners. Who knows, maybe even Ebay. QVC is a perfect fit. I think the reason we backed out of sponsoring the race this weekend, is we are not ready. Close, but not quite. UC has a history of being overly optomistic. The fact that he WAS going to sponsor, tells me much. It tells me we are VERY close. I'm sure they knew what they had, the MOMENT the first sample came out of the ground. Melvin's coment about the Christmas tree confirm this. Everyone wants a pr. Rumors of prs lined up, make sense. They will be released when ALL the ducks are in a row. Then the dominos will trigger and the pps will skyrocket. Lately, people have been asking, what happened to spike the pps in 12-02. It went from .001 to .03 in weeks, SOLELY, on a pr announcing cmki had claims near DeBeers. This could also be the time a naked short entered the picture, because a few months later cmki insiders took steps to combat a naked short. It's not too hard to connect the dots, to identify the short. Imagine, what will happen, if we get a pr announcing a find!!!!!!!!!! To Da Moon, baby!!!!
__________________________________
May God Bless All.
---------------------------------------------
LAS VEGAS, Apr 6, 2004 (BUSINESS WIRE) -- U.S. Canadian Minerals, Inc. (OTCBB:UCAD) has announced that the Company has purchased the previously announced Option with United Carina Resources Corp. (CDNX:UCA), Consolidated Pine Channel Gold Corp. (CDNX:KPG), and CMKM Diamonds Inc. (Pink Sheets:CMKX).
Management is also pleased to announce the intersection of over 500 feet of kimberlitic rock on their mineral claims in conjunction with this Option nearby the settlement of Smeaton, Saskatchewan. Operating partner CMKM, in collaboration with their geologist, Ralph Newson, have chosen a drilling location close to an area where smaller thicknesses of kimberlite have been identified by prior claim holders. Kimberlitic rock was intersected at a depth of 410 feet and drilling is still in progress.
Definitive classification as kimberlite will require laboratory confirmation and samples are currently being prepared to undergo caustic fusion treatment to assess diamond content. However given the nearby location of independently verified diamondiferous kimberlite and the large size of kimberlite bodies in the area, U.S. Canadian is very excited by the recent drilling successes. U.S. Canadian Minerals owns 25% of the claim and any future diamond finds. Further drilling is planned to more fully classify the size and morphology of the kimberlitic body and management is eagerly anticipating the results of diamond determination which is expected to be forthcoming within the next few months.
There is no guarantee that further exploration or drilling will produce any economic benefit to the company or the shareholders of the company.
---------------------------------------------
I have shares in this venture and if you are truly interested in the truth try doing a google search for Kimberlite smeaton, Saskatchewan. You will find tons of Canadian goverment data that is available. Also UCAD is a reporting company. Their filing that covers the time of this partnership will have to be filed with the SEC. It is due now and they filed yesterday that it will be late. Might make some good reading. I know that there is diamondiferous kimberlite in the area and can wait for the official news.
---------------------------------------------
With 1.9 million acres of the most diamondiferous kimberlite rich claims in the Western Hemisphere (if not the world) it would be difficult if not impossible to avoid finding diamonds. The odds are 1 out of 33 kimberlite pipes in the area will have diamonds. 1.9 million acres. DD-I won't say IMO -it is in the press releases of multiple companies. Canadian kimberlite and minerals of Canada are talked about on the government web sites. Do a google search and verify it for yourself.
--------------------------------------------
I will agree this is a very high risk investment-they kind of all are. I will also agree the company issued enough shares to wrap around the earth 42 times. I think they have been buying back and that is why the price is not moving. When the share count is revealed and the news from the lab this could be huge. With the expected diamonds valued at $40-80B and 50B shares I think the value of the diamonds per share is .08-.16 subtracting the cost to mine and dividing by the percentages owned by others. But that is just for this small claim. They own mineral rights to 1.9 million acres. If the share count is 10B multiply those numbers by 5 for a value of unmined diamonds per share of .40 to .80 minus the cost of mining and dividing by the percentages owned by partners. I have shares and if the news is good I will want more. I could never afford millions of shares once good news is announced-DD-IMO-GLTA-Debi This is high risk, you could lose your whole investment don't play what you cannot afford to lose.
Brandon
If in fact CMKX is a scam, please think about how they could possibly pull it off:
Step # 1, They incorporate in the state of Nevada as their state laws are the most protective of corporate officers or as they say in the legal business, you cannot "pierce the corporate veil" in Nevada.
Step # 2, They get their company on the pink sheets so they don't have to report anything to the SEC. I know CMKX started out as an OTC BB company but they terminated their registration long ago, possibly after giving a legitimate business venture an honest shot.
Step # 3, Now what? They begin slowly, selling a few hundred million shares here and there so as not to draw too much attention to themselves and then hire a p/r firm, exactly as they did after going to the pinks.
Step # 4, the money begins to start rolling in as they begin to release p/rs about diamonds, drilling, ground surveys, etc. Increase the a/s and o/s to as many as they want since they don't have to report it and start flooding the market. Money is now flying into the company.
Step # 5, The stock price begins to tank as MM's and others realize there are just too many shares available. What do they do? Print and sell even more at a discounted price.
Step # 6, The price is now at .0001, They're flooding the market with them at .00005 or so and they have a market for them as people like us are buying them up like mad, millions and millions at a crack.
Step # 7, Now investors are starting to question their motives. Nothing's happening with their pps, they haven't delivered on any promises, what's going on? Time for action.
Step #8, They realize they have to do something to make them appear "real". Rent a cheap drilling rig, hire a few laborers, drill some holes where they know damn well there aren't going to be any diamonds and put it on the web for all to see just how hard they are trying. Total cost for this fiasco? Maybe half a million dollars at the very most.
Step # 9, Decision time. They can now show the SEC (in case of an investigation) that in good faith they attempted to find diamonds and increase shareholder value. Do they continue with the scam by releasing a bogus p/r about how more drilling needs to be done so they can continue the scam, or do they release a p/r saying that unfortunately they are folding up due to the huge costs involved in an unsuccessful drilling venture, thereby allowing all of the people involved in the scam to walk away rich?
If I'm right, the worst thing that could happen for them is to actually find diamonds. That's when they would have to come up with real money. Further drilling followed by the steps involved in starting up a mine isn't cheap.
I know this probably sounds like some screwed up conspiracy theory but if in fact the company is a scam and is just out to bilk all of us, it makes perfect sense.
Oh, I forgot about the funny car and the race sponsorships.
By this time, their name is so well known and word of a scam is circulating, they have to do something to try to further their credibility in case of an investigation. What better way to do it at a relatively cheap cost? Draw as much attention to themselves at a minimal cost. It's a perfect set up!
Just think about it for a minute, you could do it, I could do it, and it wouldn't take that much money to get it going. Why wouldn't the owners of CMKX do it? Just food for thought.
[This message has been edited by Upside (edited May 20, 2004).]
quote:
Originally posted by joeyisthebest:
everyone talking **** but that is what happened with AFRT now look at them higher than Q so you tell me what CMKX is going to do
lol
quote:
Originally posted by Golf57:
Some of you people seem to forget that some of the biggest Co. out there have been the biggest scams in history. Enron, Worldcom, Conseco,I can't even remember all of them. The point I'm trying to make is who cares if CMKX is a scam as long as the price goes up and we make money then I don't care if, they sell horse manure.
Don't forget BreX scandal (Canadians know this one for sure). I think the stock was up to 190 CND after they discover there was no gold.....Some made lot of money on this scam, so if this is scam as Upside says and before we know it is scam, may be we can make some money and recover with little profit, and on the end laugh at it!!!
quote:
Some of you people seem to forget that some of the biggest Co. out there have been the biggest scams in history. Enron, Worldcom, Conseco,I can't even remember all of them. The point I'm trying to make is who cares if CMKX is a scam as long as the price goes up and we make money then I don't care if, they sell horse manure.
But the big difference is that no one suspected these companies of being scams until their business collapsed. Their stock prices were based on the assumption that they were legitimate businesses.
quote:
Originally posted by poorman:
[QUOTE]Originally posted by joeyisthebest:
[b]everyone talking **** but that is what happened with AFRT now look at them higher than Q so you tell me what CMKX is going to do
lol
[/B][/QUOTE]
another quick note, after the 300% run up people that held AFRT 2 months ago are only down about 80%
Well the point of my post is this...I put in a GTC sell order since yesterday morning at .0001 and it still did'nt go through...this is the honest truth...I am really believing you can buy but can't sell...WOW...I was so naive...I feel sorry for everyone that bought into this scam..
I hope Cassavant get's what he deserves for pulling such an elaborate scam...with drilling videos and all.
I am totally not bashing just giving my honest opinion.
quote:
When I first started trading I was no expert...I'm still not .....but I bought CMKX used to be CMKM....500000 shares....well since I've been reading what people are saying about cmkx being a scam...people like Diqui and upside and many others that are very knowledgeable..I have great respect for these guys...
Vado,
I appreciate the kind words but I wouldn't put too much faith in my knowledge, at least when it comes to picking micros. A good chunk of my penny portfolio right now consists of GWDL which I bought at .002, BLYC at .03, and DCUTE at .12.
Oh yeah, I forgot CMKX at .0002! Good luck!
quote:
Originally posted by vado:
I guess I have to hold it Wether I like it or not.
Vado, if it was more than 50 bucks I would worry about you and tell you to get out...but with this investment you really don't have much too loose - probably will gain it back somewhere else. Good luck!!!
quote:
Originally posted by vado:
I guess I have to hold it Wether I like it or not.
I FEEL YOUR PAIN .... YOUR STUCK IN THE LAND OF CMKX... I'M HOLDING 6 MILLION SHARES AND I'M STARTING TO GET TIRED OF LOOKING AT THEM
In a kimberlite, there is a relationship between the quantity of diamonds and the abundance of fragments from the mantle host rock where diamonds form. To determine diamond content, tons of rock are collected from the top of the pipe and processed. If diamonds are found, drilling and petrological examinations will give the extent of the deposit and information about the diamond content. Between 5000 to 10 000 carats of diamonds are needed to fully evaluate a deposit. A diamond concentration that would allow an economic development of a mine would be around 0.5 carat per ton; a very good one would be in the range of 2 to 4 carats per ton. The distribution of diamond size and quality also need to be determined to be able to select a development strategy like surface excavation or underground mining.
---------------------------------------------
So I would imagine tons of samples have been sent. In my reading one of the kimberlite pipes in Canada not owned by CMKM had diamond results but the number and quality of the diamonds made it a poor candidate for profitable mining. We could get that kind of news this month or something good. I can't see selling at .0001 at this point. ---------------------------------------------
Question to ponder.... Why is the company rumored to be buying back an additional 100 Billion shares if they think the samples are crap? Why not just R/S and be done with it and start the paper mill again? My guess is there is value here and they can make more $ money mining than printing paper. IMO-DD-GLTA-Debi
[This message has been edited by WWJD-thru-me (edited May 20, 2004).]
[This message has been edited by WWJD-thru-me (edited May 20, 2004).]
quote:
Question to ponder.... Why would they buy back an additional 100 Billion shares if they think the samples are crap?
Debi,
Did they announce a buyback or a retirement? If it's a retirement, it's meaningless. Retire 100 billion, print 200 billion. A buyback is another story, that costs money and is usually a good sign.
quote:
Originally posted by vado:
Do you think CMKX would give me $50 if I asked.
I think I'll call Melvin and ask him for 50 bucks.
Why should I give these crooks even one solitary penny.
It' just the principle of the matter.
Yes why don't you call him and see, and while you at it ask him about the diamonds. Thanks.
quote:
Originally posted by TradingWizard:
Yes why don't you call him and see, and while you at it ask him about the diamonds. Thanks.
quote:
Originally posted by vado:
They're doing a share buyback.
How's about buying back the ones I own.
They are doing the opposite of a buyback..
sorry if I sound bitter...but you know when you had faith in the easter bunny and then your older brother tells you he's not real.....well it's not so much the 50 bucks but I lost that faith in CMKX and when you had your hopes up just because you were new to the game and did'nt know better and it's dashed to bits.
Well you guys know.
...what do you mean the easter bunny is not real, I have one on my backyard all year long!
Just beeing in a good mood....
I got to go now!
quote:
Originally posted by TradingWizard:
Yes why don't you call him and see, and while you at it ask him about the diamonds. Thanks.
Maybe they should hire some cat burglars and start a crime spree...first the jewelery stores....then they would have some real diamonds.
They would have a better chance of stealing the crown jewels than finding any diamonds..
quote:
Originally posted by TradingWizard:
...what do you mean the easter bunny is not real, I have one on my backyard all year long!
Just beeing in a good mood....
I got to go now!
Did Mr Cassavant himself dropped the easter bunny off.
Did he put some diamonds in your basket.
quote:
Originally posted by vado:
Maybe they should hire some cat burglars and start a crime spree...first the jewelery stores....then they would have some real diamonds.They would have a better chance of stealing the crown jewels than finding any diamonds..
NOW LET'S NOT START THE BASHING SPREE. I HAVEN'T LOST MY $50 BUCKS YET......I HOPE I HAVEN'T
[This message has been edited by TradingWizard (edited May 20, 2004).]
I think it will happen again.
Paul
quote:
Originally posted by vado:
It finally went through......that's good at least I got my 50 bucks back - the commission.
At least I know for sure you can sell at a loss.
------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.
quote:
Originally posted by richnessforeveryone:
People where by the hell is your problem...
Wait a few months.....if you get no news about diamonds sell your shares at $0.0002 for a 100% (in my case 50%) profit....
Where can you make overnight 100% or 50% profit???????
You are IMPOSSIBLE guys...
Briwadd
quote:
Originally posted by emediamethod:
I owned 42 million shares...I put 2 mil up for sale today at .0001 just two test the water...It sold right away!!!!!
quote:
Originally posted by emediamethod:
I owned 42 million shares...I put 2 mil up for sale today at .0001 just two test the water...It sold right away!!!!!
I'm happy for you that you sold at the same price you bought..- commission......yeah that's what day trading is all about......
Well it took me two days to sell and that is no tall tale.....
quote:
Originally posted by vado:
They're doing a share buyback.
How's about buying back the ones I own.
They are doing the opposite of a buyback..
sorry if I sound bitter...but you know when you had faith in the easter bunny and then your older brother tells you he's not real.....well it's not so much the 50 bucks but I lost that faith in CMKX and when you had your hopes up just because you were new to the game and did'nt know better and it's dashed to bits.
Well you guys know.
NOW THAT WAS FUNNY....IT WOULD BE A LOT FUNNIER IF I DID NOT OWN 5 MIL SHARES. I HAVE HAD A SELL ORDER IN FOR .0002 FOR ABOUT A YEAR NOW. I HAVE DECIDED IT IS MY LOTTO TICKET. OWNING IT HAS ACCUALLY SAVED ME A LOT OF MONEY. I LOOK AT IT EVERY DAY AND REMEMBER TO ALWAYS DO MY OWN DD. LOL
------------------
DIANA
In the past I have been told that my order may have been overlooked because it is so old. ? . ? (That is what they told me.)
You might want to cancel the order and re- enter it. Wait for an .0003 pop and see if it moves then.
Paul
quote:
Originally posted by realityinc21:
NOW THAT WAS FUNNY....IT WOULD BE A LOT FUNNIER IF I DID NOT OWN 5 MIL SHARES. I HAVE HAD A SELL ORDER IN FOR .0002 FOR ABOUT A YEAR NOW. I HAVE DECIDED IT IS MY LOTTO TICKET. OWNING IT HAS ACCUALLY SAVED ME A LOT OF MONEY. I LOOK AT IT EVERY DAY AND REMEMBER TO ALWAYS DO MY OWN DD. LOL
------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.
------------------
~,-,-< GatorMan
------------------
~,-,-< GatorMan
quote:
Originally posted by vado:
LOOK here comes the CMKX race car.....they always come in last.....WHY do you ask......well there's a built in drill and they are looking for DIAMONDS....
I theink Mr Cassavant is a nascar fanatic and always wanted to be the center of attention with his friends......who by the way are all into race cars....now hw can SHOWOFF with your money.......
He's not paying for that car .........YOU ARE.... YOU IDIOTS
No...You are an idiot...
if I was M.Cassavant I will have made it in the same way.....
A lot of people are interested in race cars (formule 1 etc )....and will certainly see the CMKM logo......
quote:
Originally posted by richnessforeveryone:
No...You are an idiot...
if I was M.Cassavant I will have made it in the same way.....
A lot of people are interested in race cars (formule 1 etc )....and will certainly see the CMKM logo......
Yeah, but race car fans would never invest in CMKX. It would cut into their beer money.
------------------
~,-,-< GatorMan
If you knew anything about racing you would know it take a while to become a winning team. I would apply the same to stocks. So I don't think you know what your talking about.
[This message has been edited by rsnws (edited May 21, 2004).]
quote:
Originally posted by GatorMan:
Yeah, but race car fans would never invest in CMKX. It would cut into their beer money.
Lol......
Let us be a little serious man.....I think (car races) its the best advertisment source for companies.
Think about Marlb.. and Coc...etc
quote:
Originally posted by flashovertx:
Has anybody seen this car in real life? Not just the image of it on the track that we have all seen? being a graphic designer I swear the picture I have seen is digitally created....
[This message has been edited by rsnws (edited May 21, 2004).]
quote:
Originally posted by richnessforeveryone:
Lol......
Let us be a little serious man.....I think (car races) its the best advertisment source for companies.
Think about Marlb.. and Coc...etc
OK, maybe that was meant as a joke. My point is that advertising should be targeted. What do race car fans like? It's big in an area where smoking is big to Marlb. advertising makes sense. You'd also expect racing fans to be more likely to be tinkerers with their own cars so oils and tools would benifit. Were talking diamonds here. Or more specifically, investing. My mental image of the typical race car fan (and I could have a bad image, but it matches with my experiences) is not a person that interested in investments.
I think this is nothing more than those in charge of this company perhaps being a race car fan and using company funds to persue personal goals. And then trying to justify it as legitimant advertising.
I say, put the money into developing the property, find diamonds, and the people who DO invest will know through the PRs.
------------------
~,-,-< GatorMan
quote:
Originally posted by rsnws:
vadoIf you knew anything about racing you would know it take a while to become a winning team. I would apply the same to stocks. So I don't think you know what your talking about.
[This message has been edited by rsnws (edited May 21, 2004).]
quote:
Originally posted by will:
I live 20 minutes from the track. I have no intentions of going there. All this arguing over where they advertise, how they advertise, means 0. The only thing that will move this one is news of diamonds. The 800+ comments on this thread are 99% nothing.
Long and Strong our payday its coming.
ASK
12@.0002
2@.0003
1@.0005
quote:
Originally posted by Golf57:
If this thing breaks the .0002 barrier we could be off to the races.
My gut feeling tells me that it's not far away.Long and Strong our payday its coming.
[This message has been edited by rsnws (edited May 21, 2004).]
NetZero HiSpeed
U.S. Army
Miller Lite
The FanZCar
Morgan-McClure
Kellogg's
Viagra
Budweiser
Dealers/UAW
Valvoline
ALLTEL
A.J. Foyt Racing
NAPA Auto Parts
National Guard/Subway
DeWalt Power Tools
Wellbutrin XL
Dodge Dealers/UAW
Home Depot
Ford Motorcraft/U.S. Air Force
Caterpillar
DuPont
GMAC Financial Services
GM Goodwrench
America Online
Cingular Wireless
Tide
M&M's
Coors Light/Kentucky Derby
Target
Texaco/Havolin
Cheerios/Betty Crocker
Georgia Pacific/Brawny
Lowe's
Schwan's Home Service
Arnold Development Companies
Kodak EasyShare
UPS
Voyles/Carter's Royal Dispos-all
Sharpie/IRWIN Industrial Tools
Duke Children's Hospital
Ford Commercial Truck & Trailer Hover Motorsports Stan Hover
On the other hand I am totally discussed with the guy Perry who pulled stupid prank (go to www.urbancasavant.com
when your at that web site
hit CRTL A).
If I was Melvin I sue his a.....
One thing to have fun and make comments and have fun discussions, but this is too much abusing company name is such way!!!
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
quote:
Originally posted by TradingWizard:
On the other hand I am totally discussed with the guy Perry who pulled stupid prank
-John
quote:
Originally posted by JBCak47:
I am going to try and pick up some shares of CMKX. Now, how hard is it to get filled at .0001? I use Scottrade, if that helps with information. I have never bought a stock that low, can I use .00015 if .0001 won't fill or do I have to go to .0002? Thanks. Any reasonable idea's on O/S? I heard from 5 billion to 25 billion, but I think the 25 billion is way, way off. What;s $175 right?! Thanks everyone. I have been posting alot on the Qbid threads but have lurked here for a few weeks. Thanks again guys (and gals).-John
Of course it could be different now but if you go up a few posts you'll the a level 2 posted. From that it looks like the best price you can hope for is .0002. No bids were listed so that may mean the MMs aren't buying right now.
I think the O/S is probably closer to the 25B than the 9B. We've not had any good numbers on that for a long time.
Also, I know E*TRADE won't, and I don't think any other broakerages do, go to more than 4 decimals, so I don't think you can bid .00015.
------------------
~,-,-< GatorMan
BID
1@.0001
ASK
12@.0002
2@.0003
1@.0005
quote:
Originally posted by GatorMan:
Of course it could be different now but if you go up a few posts you'll the a level 2 posted. From that it looks like the best price you can hope for is .0002. No bids were listed so that may mean the MMs aren't buying right now.I think the O/S is probably closer to the 25B than the 9B. We've not had any good numbers on that for a long time.
Also, I know E*TRADE won't, and I don't think any other broakerages do, go to more than 4 decimals, so I don't think you can bid .00015.
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
[This message has been edited by gunner08 (edited May 21, 2004).]
[This message has been edited by gunner08 (edited May 21, 2004).]
[This message has been edited by gunner08 (edited May 21, 2004).]
[This message has been edited by gunner08 (edited May 21, 2004).]
[This message has been edited by gunner08 (edited May 21, 2004).]
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
Thanks for the information. I knew about the fee's, 22+ 0.5% of the base investment. I should have funds in the account on Monday. I figure over the course of the next five weeks I will dup a few more dollars into this stock. If they have diamonds, quality ones, what are we expecting, roughly, in a short term, three month price range? I understand it is extremely ardious to determine but what are other people's thoughts? Frankly I feel as if I already have missed out, seeing that .0001 is proving impossible, almost, to fill at on a buy. Thanks for the quick replies. I appreciate that.
-John
quote:
Originally posted by Candydish:
JB,
Hummm... I opened Ameritrade with $600 by doing their on line application and electronic check and signature. It took 3 days for the funds to be "tradeable" (sp?) for OTCBB etc,,, This was approx. May 10th. When I talked with them they said that you can deposit less when opening a new account this way.
CD
I opened an Ameritrade account with $1000 a few months ago, using the electronic fund transfer. I was able to buy QBID and GZFX. I tried to buy more QBID and it kept telling me I don't have a margin account even though I had the funds in there. I called Ameritrade and was told it will take 10 days for the funds to clear before I was able to buy more. I told them I was already able to buy some of the stocks. I was told that happens sometime, that you can buy some but have to wait the 10 days before you buy more. If I want to buy stocks right away now I wire transfer the funds and they are usually available within two hours. Other then that I've been happy using Ameritrade. No problems buying the pennies or selling.
quote:
Originally posted by gunner08:
did you see the size of a few of those trades
5/21/04 15:07:27 .0002 100,250,000
5/21/04 14:38:44 .0002 156,963,200
5/21/04 14:54:38 .0001 444,250,000
5/21/04 14:58:59 .0001 444,748,700
what does these trades mean? Are they BUYS or SELLS
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
Offtopic question. Are you a female? Your screen name hints of feminism (No offense if you aren't!)
What other stocks have you gotten into. I have Ibzt, Qbid, USCI and soon CMKX. I made some money off of BSIC, after I sold for aloss on CMRC four months or so ago (about two weeks after I sold it DOUBLED in value?!?!? Lesson learned!)
So far Qbid is leading my portfolio...
-John
CMKX-Great News-Must Read...
I just talked with, Frank, a very reliable source that many of you know from the CMKX board. We just got info directly from Urban himself to one of our sources whose name is Topogigio on the RB board. Here is a quick rundown of info:
** We have diamonds! Many of them!!!
** We have the largest diamond find ever!
** We have Platinum!
** We have Gold!
** We have other resources!
** We have a naked short position of 1 Trillion shares!
** We don't have 1.4 million acres, we have millions of acres!
** Urban said that CMKX will be at .50 to .60 cents even without the covering of the naked short position!
** There is much more that I will get with you all later!
** My apologies if this sounds like hype!!!
;-)
Sterling
______________________________________
May God Bless All.
quote:
Originally posted by Bam Bam 17:
By: stervc 21 May 2004, 02:44 PM EDT
http://www.ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=5674CMKX-Great News-Must Read...
I just talked with, Frank, a very reliable source that many of you know from the CMKX board. We just got info directly from Urban himself to one of our sources whose name is Topogigio on the RB board. Here is a quick rundown of info:
** We have diamonds! Many of them!!!
** We have the largest diamond find ever!
** We have Platinum!
** We have Gold!
** We have other resources!
** We have a naked short position of 1 Trillion shares!
** We don't have 1.4 million acres, we have millions of acres!
** Urban said that CMKX will be at .50 to .60 cents even without the covering of the naked short position!
** There is much more that I will get with you all later!
** My apologies if this sounds like hype!!!;-)
Sterling
______________________________________
May God Bless All.
This is couple of paragraphs from that report mentioning CMKX:
"THE JOINT VENTURE WITH NEVADA MINERALS, INC./SASKATCHEWAN PROPERTY
On January 20, 2004, the Company entered into a formal joint venture agreementwith Nevada Minerals, Inc. to develop up to 500,000 acres of potentialKimberlite Mineral property located on the east and northwest sides of fort a laCorne, Prince Albert, Province of Saskatchewan, Canada. Kimberlite andKimberlite pipes are the raw materials from which diamonds may be extracted. Thejoint venture operates under the name "NevCan." The joint venture has a termthat expires on January 20, 2005. By the terms of the joint venture contract,the Company has the rights to twenty percent of the revenues from miningoperations at the site. As consideration for entering into the joint venture,the Company paid to Nevada Minerals, Inc. five million shares of restrictedcommon stock. For its part, Nevada Minerals, Inc. tendered its rights to developthe 500,000 acres at the fort a la Corne, Prince Albert site. No on site miningdevelopment of this property presently exists and no preliminary testing hasoccurred. All prospective mining operations on this land are contingent on anumber of preliminary tests being successfully completed, as discussed above.
On February 26, 2004, the Company entered into a joint venture agreement withCMKM Diamonds, Inc., a Nevada corporation, to conduct a airborne survey of thefort a la Corne Kimberlite fields, including the 500,000 acres held by NevCan.The aerial survey will use a tri-axial magnet gradient to discover Kimberliteand Kimberlite pipes. The Company is one of many other joint venture partners inthe aerial survey, all of whom own or have rights to develop land in the fort ala Corne area. The aerial survey has not been completed and is a conditionprecedent to the Company and NevCan proceeding with further on site developmentthat includes exploratory core sample drilling. Even if Kimberlite and/orKimberlite pipes are located by virtue of the aerial survey, there is noguarantee that any Kimberlite pipes actually contain diamonds without furtherinvestment by the Company into developmental testing and verification. Further,there is no guarantee that the Company will be able to raise the necessaryfunding to co mplete the venture. Aside from these risk factors, other riskfactors exist for the Company when it does business in another foreign andsovereign nation. The Company's operations in Canada (and elsewhere, see thediscussion that follows) will be subject to the laws and regulations of theforeign sovereigns where the Company is operating. To the extent that theCompany has legal disputes with foreign nationals, the procedures for resolvingthose disputes will be handled procedurally by the application of internationaltreaties like the "Andean Pact" and the "Paris Convention" of 1883."
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
Diamond exploration taking off
Recent entrants into the diamond exploration game in Fort a la Corne have started testing and drilling for kimberlite.
BY JORDIE DWYER
Journal Staff
Nipawin Journal — Diamond exploration taking off
BY JORDIE DWYER
Journal Staff
Recent entrants into the diamond exploration game in Fort a la Corne have started testing and drilling for kimberlite.
Montreal-based Forest Gate Resources (TSX:FGT) announced last week that 500 kilograms of kimberlite from core samples at their Dizzy Kimberlite body is being processed at two different facilities - one in Thunder Bay and the other at Lakefield, Ont.
The company is expecting to have the results back by the end of the month.
Meanwhile, CMKM Diamonds Inc. (OTC:CMKX) of Las Vegas announced Monday that core hole drilling has started in the region, two days ahead of schedule.
President Urban Casavant stated the drilling program will last about six months on targets that have indicated, through geophysical surveys, a high probability of finding kimberlite.
Currently, the claims being explored are on privately-owned land, which the company was able to gain access to earlier than anticipated. Shareholders are being kept informed of the progress of drilling through a live video streaming set up.
CMKM anticipates results from the exploration program will begin to be released over the next several weeks.
In addition, another company called Global Prospecting Ventures of San Francsico has begun geophysical surveys of several claims in Fort a la Corne.
Or go to: http://www.nipawinjournal.com/story.php?id=94184
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
[This message has been edited by TradingWizard (edited May 22, 2004).]
[This message has been edited by TradingWizard (edited May 22, 2004).]
high volume at the close
make you wonder who bought that many and why
maybe that person knows something thats not on a pr report yet
or could be bought because of all the ruumors going around
but if you look back on all the pr releases from cmkx
they all have been on a MONDAY or a TUESDAY
quote:
Originally posted by fjean:
what does these trades mean? Are they BUYS or SELLS
quote:
Originally posted by VNGNTN1:
WWJD
I am almost 60(puts me in top 1 or 2%of this board) and have taken in ALMOST everyway possible.
I have owned shares of this company since early 2002(puts me in top 5% of early ownership on this board)
I have followed closely all activity and done a lot of followup thru contacts in the market
I am not a professional miner,but have experience in drilling & engineering(probably puts me in top 5% of this board)
There has been NO verifiable information presented, only references to things that COULD be correct.
At a high position of 12m shares have reduced position to 1.5m free shares. I now have 10 limit sells staggered to .25 to make my profit from all of you on the board who will scrambled for shares when something seems to pop.
IS THIS A GOOD PLAN?
VAN
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
[This message has been edited by TradingWizard (edited May 22, 2004).]
Good Luck to all of us.
BY JORDIE DWYER
Journal Staff
Nipawin Journal — Diamond exploration taking off
BY JORDIE DWYER
Journal Staff
Recent entrants into the diamond exploration game in Fort a la Corne have started testing and drilling for kimberlite.
Montreal-based Forest Gate Resources (TSX:FGT) announced last week that 500 kilograms of kimberlite from core samples at their Dizzy Kimberlite body is being processed at two different facilities - one in Thunder Bay and the other at Lakefield, Ont.
The company is expecting to have the results back by the end of the month.
Meanwhile, CMKM Diamonds Inc. (OTC:CMKX) of Las Vegas announced Monday that core hole drilling has started in the region, two days ahead of schedule.
President Urban Casavant stated the drilling program will last about six months on targets that have indicated, through geophysical surveys, a high probability of finding kimberlite.
Currently, the claims being explored are on privately-owned land, which the company was able to gain access to earlier than anticipated. Shareholders are being kept informed of the progress of drilling through a live video streaming set up.
CMKM anticipates results from the exploration program will begin to be released over the next several weeks.
In addition, another company called Global Prospecting Ventures of San Francsico has begun geophysical surveys of several claims in Fort a la Corne.
quote:
Originally posted by STAR GAZER:
JB, I have Scottrade and Ameritrade accounts.
Scottrade will not let me buy or sell stocks that do not have a bid/ask. CMKX doesn't have
a bid/ask price. They told me that if I wanted to buy it, I would have to do it by talking to a broker and that he could buy it and sell it for me, but that I would be charged the extra fee for going through a broker. Ameritrade lets me buy stocks that do
not have a bid/ask, but their minimum fee for joining is $2,000. No brokerage will let you put in order to buy or sell that goes beyound four decimals. You can put in to buy at .0001 but not .00015. I think that Market Makers (MM's) can trade at five decimals and so if you put in an order to sell at the market you might only get .00005 for you shares instead of .0001, ouch.
Ok I live in Europe so perhaps my bank can enter buy prices in another way like you in the US but I CONFIRM that I bought this week 20,000,000 shares at $0.00015.
If you don't believe me I can scan my receipt of my order and put it online so this IS POSSIBLE.....
Speak with your broker or your bank.....
My fees was circa 69 Euros for this order.
Of course perhaps isn't now possible next week to buy at this prices like the ask seems to will fly and volume soars Friday in the last minutes. A 400,000,000 buy order is hudge.
We will see soon if THIS TIME we got a lucky hand or not.
[This message has been edited by richnessforeveryone (edited May 22, 2004).]
Briwadd
out like a fat kid in a dodgeball game!
Source: http://cmkmdiamonds.proboards27.com/index.cgi?board=questions&action=display&num=1084983115
------------------
FurrySound
-DD-GLTA-Unless I've quoted a source, I know not what I speak of.
Briwadd
[This message has been edited by highwaychild (edited May 23, 2004).]
____________________________________________
Post by: gdh May 23rd 10:01pm EDT
This is straight from the government of Saskatchewan! (I hope someone there didn't screw up)
First of all, refresh your memory on where the Carolyn pipe is, north of Smeaton by the bend in the road. http://www.explorationgis.com/falc_detail.html
Now, from this site... http://142.165.150.133/website/sir_geological_atlas/viewer.htm
I made this map.
Using the Identify tool on the left side it gave the information on the bottom when I clicked on the Carolyn Pipe. The important attribute is "DIAMND_REP" meaning "diamonds reported" (make Kimberlites the active layer by clicking on the circle next to Kimberlites on the right side, then click Active Layer Info on the bottom to confirm the "DIAMND_REP" meaning). As you can see, it says YES .
So unless some GIS person made a serious typo, or some other company has a kimberlite pipe right next to Carolyn AND Carolyn is not on this map, this is OFFICIAL confirmation that we have diamonds!!!!!!!!!!!!
Try it for yourself.
Let the viewer load. On the right side, select which layers you want to view by clicking in the boxes (choose towns, villages, transportation, etc, and Kimberlites). then go to the bottom and click Refresh Map.
When it had loaded, click on the magnifying glass (with a + in it) on the left side so that's it's surrounded by a red box. Then click and drag and release to draw a box around the Fort a la Corne area, to zoom in.
To get information on the kimberlite pipes, click on the circle next to Kimberlites (on the right side again), then choose the Identify tool (I) in the left side, and click on whatever kimberlite body you want. The information wil come up at the bottom.
____________________________________________
[This message has been edited by Bo14172 (edited May 23, 2004).]
[This message has been edited by Bo14172 (edited May 23, 2004).]
May God Bless All.
quote:
Originally posted by Bigrod40:
I am going to buy hopefully another 5 mil on Tuesday, Ill go as high as .0003, just on this chart, whats 1500 bucks on this outfit.
I took a chance on IBZT and VRMD and look where that got me.
I hope the SASK. Government is for real.
GO DIAMONDS GO
The only perspective needed on this is if you feel the actions, activities and work of CMKX and it's partners are profitable. Nothing more nothing less. I posted this days ago as the bottom line choice.
You have impressed no one by your posts.
The reason for posting the link to Sterling's posts is clear if you take the time to read them. As far as perspective and insight on CMKX, he does have my attention in this case from his posts on Friday and this weekend.
I truly hope you sell your shares at .0002. All $200 worth.
http://ragingbull.lycos.com/mboard/boards.cgi?board=CMKX&read=236634
[This message has been edited by Bo14172 (edited May 23, 2004).]
quote:
I truly hope you sell your shares at .0002. All $200 worth.
quote:
The only perspective needed on this is if you feel the actions, activities and work of CMKX and it's partners are profitable.
One other thing Mr. Bo,
I guess I can assume by your statement above that this truly is a thread strictly for cheerleading only? No opposing viewpoints allowed?
Kev
it has been known since 1988 that there are diamonds in Saskatchewan.
that report form the Sack Government page only confirms that there are Micro diamonds.
the amount and quality is what the purpose of the drilling is for.
nothing is official until the PR states it is. I WOULD NOT HOLD MY BREATH WAITING FOR A BUT PRICE INCREASE TOMORROW.
if it does come out i will rejoice with you all.
but for now step back and take a breath because there is not going to be any excitement other then speculation until PR
Good fortune to all
I found this press release dated after the last pr that came out on CMKX stock. I don't know why it wasn't submitted because it shows the SEC statement at the end they always use but it looks good anyway.
http://www.speedtruck.com/Press%20Releases/CMKM%20Diamonds%20PRESS%20RELEASE%204-30-04.pdf
Also I found out DeBeers is involved in the Africa mining too and the pictures on their website look like the rocks from CMKX
http://www.debeerscanada.com
Hope I didn't repost what someone else did. I work fulltime and haven't been able to read everything in this thread yet.
quote:
Originally posted by rockinit:
hmmm CMKX diamonds will hit just right for gay marriages along with the Qbid tv. Isn't that interesting?I found this press release dated after the last pr that came out on CMKX stock. I don't know why it wasn't submitted because it shows the SEC statement at the end they always use but it looks good anyway.
http://www.speedtruck.com/Press%20Releases/CMKM%20Diamonds%20PRESS%20RELEASE%204-30- 04.pdfAlso I found out DeBeers is involved in the Africa mining too and the pictures on their website look like the rocks from CMKX
http://www.debeerscanada.comHope I didn't repost what someone else did. I work fulltime and haven't been able to read everything in this thread yet.
Hi rockinit, and welcome aboard. I don't know if you are aware of this or not. De Beers has been mining diamonds in Africa for about 100 years. It is interesting to note that they have held a virtual monopoly on this market for that whole time. But from all the rumors flying around these days, I would guess their "empire" is seriously threatened right about now. If you are in this stock get ready for the ride of the century....
The Spunkster
*CMKX & Urban Casavant*The Perfect Storm*
I chose this title because I think this is the name that fits the upcoming success story with CMKX. I think I heard either Peter or Frank mention it too and I liked it. Urban Casavant has the same goal as I which is to create a million millionaires for those who have read my initial posts on my board. What a coincidence.
Please consider these thoughts that you are about to read as “theory” until proven as “facts” from Urban and CMKX.
Urban believes that the naked short position on CMKX could very well be 1 trillion shares. To force the shorts to cover, an accountability process must take place. The changing of the CUSIP# was done earlier for them to first gather internal accountability of all CMKX shares. Also to kind of serve as a warning for the market makers, MMs, to consider covering any naked shorted positions.
Now comes the time to force the MMs to gather accountability for covering. Urban can do this by re-issuing CIM shares as a dividend to all current shareholders of CMKX shares to be effective by an execution date sometime in the near future. Maybe some date like 15 Jun or 30 June 04.
But first and at the same time, announce that CMKX has made a $1.00 per share tender offer to buy all shares of CMKX shareholder’s shares to take the company private. They will be willing to do this because insiders own at least 85.7% of the OS so it would really be like buying out yourself or paying yourself. Going private along with re-issuing the CIM dividend will no doubt force the MMs to cover all naked shorted positions.
You can do a lot when you own billions of dollars in gold, platinum, uranium, kimberlite, and diamonds to say the least. Buying us out to go private at $1.00 per share still might be too low, but I’m sure many would appreciate such yet still.
Now after the announcement of taking CMKX private, CMKX will make the announcement that those who buy CMKX up to the new execution date will receive a 1,000 to 1 dividend of CIM shares to further compensate the value that the company has determined to award fair value to its shareholders.
That’s right, CMKX will take back those already old CIM shares to give them in return the newly re-issued CIM shares with value unlike before. Others who never had any CIM shares would receive CIM shares under the same newly 1,000 to 1 ratio and investors will have up until the new execution date to buy to receive the newly re-issued CIM shares dividend.
They will also announce that CIM will apply for a new CUSIP# and ticker to submit application to trading on the NASDAQ National Market since they must trade with four symbols on the NASDAQ markets. They will announce that Qualifications are expected to be met by some future date maybe like 31 Jul or Aug 04 to submit application to the NASDAQ National Market. This means that CIM would trade at no lower than $5.00 per share.
The Look of the CIM Dividend
We will guess and say that CMKX OS is 40 billion shares and the OS for CIM is to be 40 million shares.
CMKX OS ÷ CIM OS = Dividend Ratio
40,000,000,000 ÷ 40,000,000 = Dividend Ratio
1,000 = Dividend Ratio
With 1,000 to 1 Dividend of CIM shares this means you pay the following to get the end result listed below:
1,000 Shares of CMKX = .10 cents
1 Share of CIM = $5.00
So…
1,000 Shares of CMKX = 1 Share of CIM
Or to better review...
.10 cents = $5.00
This is saying that for every .10 cents you spend, you will receive $5.00 back in return.
In Summary…
** If you bought 10,000,000 shares of CMKX at .0001 cent, it would cost you $1,000 total.
In return you would receive in CIM shares:
CMKX shares ÷ Dividend Ratio = Total shares of CIM
10,000,000 ÷ 1,000 = 10,000
This means that your total value in your brokerage account would be as below:
10,000,000 x .0001 = $1,000 for CMKX
10,000 x $5.00 = $50,000 for CIM
Again, not a merger, a dividend to where the shareholders get to keep their 10,000,000 shares of CMKX and receive their new 10,000 shares of CIM at the dividend rate of 1 CIM share for every 1,000 CMKX shares you have or buy before the execution date in the very near future. The total amount from the brokerage account would be $51,000 from your initial investment of $1,000 of CMKX shares, right?
Not so. Don’t forget that your 10,000,000 million shares of CMKX will be given the tender offer of $1.00 per share so that would make that equate to:
$10,000,000 + $50,000 = $10,050,000 in total value
This is very powerful. CIM is used as the company for the dividend because CIM has claims to a huge zinc find that is valued at a tremendous amount. Urban wants to reward previous shareholders and current shareholders who had not the opportunity to become shareholders of CMKX by its first CIM date of execution. Because of such, he is re-issuing shares of CIM and using as the selected company to move to the NASDAQ.
Now get this, we are still not done with accessing value. Analyze what is transpiring to place actual value in CMKX to further entice investors to take a position in CMKX if what was discussed above was not enough.
To Determine a Minimum CMKX Valuation for the Tender Offer
It has been now determined that we actually picked up two thirds of the piece of land that was originally thought to have been DeBeers and was that piece of land/kimberlite that Dr. Hutchison valued at $40 to $80 billion.
Let’s take the low side to determine fundamental valuation. Two thirds of $40 billion is about $26 billion. I will use that amount x 2 as the amount as income because of what many will soon discover is that we have far more resources and locations that would allow that to be used as a minimum. This figure of $52 billion would definitely cover above and beyond any expenses. Again, I think such would be revealed soon to show how this figure is still being conservative.
From the above example we guesstimated that the OS for CMKX was no higher than 40 billion so we will us the same figure here. Please observe:
Income ÷ CMKX OS = EPS
52,000,000,000 ÷ 40,000,000,000 = EPS
1.30 = EPS
So giving the share holders a Tender Offer of $1.00 could be viewed as a conservative offer by Urban and CMKX, but yet still would be greatly appreciated.
** Now what if we really do have a huge abundance silver, zinc, gold, uranium, platinum, and diamonds to say the least?
** Now what if CMKX is 1 trillion shares naked shorted as anticipated?
** Now what if we do have miles and miles of kimberlite that was discovered from the aerial survey?
** Now what if they encountered an overburden that was valued at 500+ million?
** Now what if they had billions of dollars of kimberlite alone that they use to re-mineralize and sell as soil?
** Now what if one of the newly found kimberlite pipes is miles and miles long?
** Now what if this is going to be the biggest margin call in the world?
** Now what if we do have micro and macro diamonds in all of our kimberlite found?
** Now what if there really are lots of corporate investors that are about to join the party?
** Now what if there were huge zinc deposits found to be issued under the CIM shares?
** Now what if Urban have many friends and family that are long term investors in CMKX?
** Now what if Urban promised that he would take care of them and make them all millionaires?
** Now what if our claims are now up to nearly 3 million acres in the FALC region?
** Now what if all of this is the big plan Urban has to get the shorts?
** Now what if we have one pipe of kimberlite that is miles and miles long?
** Now what if we have all the money and support we need to make all of this happen?
** Now what if Urban really love the shareholders as many of us thinks?
** Now what if all above is true?
As I stated earlier in this post, please consider these thoughts that you have read as “theory” until proven as “facts” from Urban and CMKX. The above will only become official only when Urban and CMKX make such official. Until then, these are only my thoughts. It is my opinion that CMKX will make many of us prosperous!
;-)
Sterling
------------------
FurrySound
-DD-GLTA-Unless I've quoted a source, I know not what I speak of.
quote:
Originally posted by Golf57:
Who the hell is Sterling!
Yeah...Who is this guy Sterling? And who the hell is "Urban"? Can someone please shed some light.
quote:
Originally posted by CuriousBull:
Yeah...Who is this guy Sterling? And who the hell is "Urban"? Can someone please shed some light.
I third that, who the hell is Sterling?
quote:
Originally posted by emunahstock:
*CMKX & Urban Casavant*The Perfect Storm*
Why do you guys insist on re-posting this kind of crap??? This does not even deserve to be called a theory, its pure fantisy! A theory at least has some relationship to reality! This sterling guy is pulling number out of his @ss!
Geeze.
------------------
~,-,-< GatorMan
CMKX has issued 10 billion more shares.
On an unrelated note, they now have gas money for the funny car race this weekend.
[This message has been edited by kbpkt (edited May 24, 2004).]
I'm going to go get some milk and cookies!
Maybe he'll tell us the one about the Little
Red Riding Hood.
Please Sterling just one more story before
nap time.
quote:
Originally posted by kbpkt:
NEWS JUST OUT!!!!!CMKX has issued 10 billion more shares.
On an unrelated note, they now have gas money for the funny car race this weekend.[This message has been edited by kbpkt (edited May 24, 2004).]
Unless you were just being funny, where did you get this news from? Just like others bash the pumpers posts saying "where is the backup" I want to know where the back up is on this. If you were just being funny, I apologies.
quote:
Originally posted by Leardron:
Unless you were just being funny, where did you get this news from? Just like others bash the pumpers posts saying "where is the backup" I want to know where the back up is on this. If you were just being funny, I apologies.
He thought he was being funny It was funny for a split second LOL ...
------------------
FurrySound
-DD-GLTA-Unless I've quoted a source, I know not what I speak of.
quote:
Originally posted by Leardron:
Unless you were just being funny, where did you get this news from? Just like others bash the pumpers posts saying "where is the backup" I want to know where the back up is on this. If you were just being funny, I apologies.
I was just making a joke, that news did not appear anywhere, in case anyone thought it did. It was my way of saying CMKX is a scam. I too got caught up in all the false hope with this stock but got lucky that Scottrade does not allow buy orders for CMKX, it was then that I did my DD (which I should have done from the begining) and found out how bad an investment this is. Think about how many times CMKX supposedly hit .0002 today, but I bet not one person had their sell order filled. By the way, what a coincidence my humor was only a split second, that is how long it took the CMKX funny car to run the 1/4 mile. <----Also a joke
I just found out Scottrade won't allow me to buy into this stock, only sell it. So I can't get in now! Damn it... So it looks like I have $200 to throw at something else, IBZT, USCI, or ??? Maybe this shows I need to open a Ameritrade account. snarf
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
quote:
Originally posted by TradingWizard:
Stock closed today at 0.0002 and 1,046,216,132 shares traded.
You're right about everyone having their own opinions. My point about selling at .0002 is that no one can do it. A lot of people have had sell orders in at .0002 for months now that have not been executed. Even making a sell at .0001 has been difficult for most. It is very misleading to see the ticker at .0002 because even if you wanted to sell there, you can't. All it is, is some poor sucker who got dupped into buying the MM's shares at .0002. Good luck to everyone who holds CMKX, but don't feel cheated months from now when this is still trading at .0001 with that rare .0002 sale going through and wondering why you can't sell that high. The reason there are more bashers on this thread is because most are former/current holders of this stock who have learned the hard way, although because Scottrade saved me from buying into this scam, I am not one of them.
quote:
Originally posted by kbpkt:
Oh yea, if you're looking for solid proof in the way of a PR from the company saying they are scamming you, then no, I don't have solid proof. No company is going to admit they are scamming you especially while they are doing it. Do your DD and you will see they are a scam. If you see something I don't and up making money off CMKX, then I am happy for you, I don't like seeing a company scam anyone.
Understood. I own this stock because I like taking risks and I own this stock because I only bought enough that I can afford to loose.
The fact is that they are drilling in the areas where DeBeers found diamonds, and where kimberlite pipes exists, and that the Canadian diamonds are the best diamonds in the world, and the fact that they are affiliated with other companies that are listed on TSX venture (I think Canadian laws are thougher) and many more....I am taking that risk (70% +ve and 30% -ve thoughts).
I did lot of reading about diamonds fields, and there are some companies that just bought land and are just annoucing that they will be looking for kimberlite pipes, and guess what stock went up.
Diamonds are hard, and so is the mining business. Once they find diamonds, then the the company need to build facility, get people, get equipment, federal approval may be required for environmental issues etc, etc. And if samples show diamonds, may be the company was lucky to hit only and only spot with diamonds, but nothing stops them to assume that there are more. So after all the investments in any mining business can be scam to suck the investors in, and tell us on the end sorry we though that there were more diamonds....We all know this is gamble, and we all should understand the risks! I am in for a long run!
If anyone interested TAH (TSX) is trading at 0.31/share (they have diamonds) and their government approval may be going through soon so the production may be rolling by the end of this year. Do you DD, before investing, these are my suggestions and does not mean I am right.
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
Source: It's the way the market works.
BID: http://www.investopedia.com/terms/b/bid.asp
ASK: http://www.investopedia.com/terms/a/ask.asp
------------------
FurrySound
-DD-GLTA-Unless I've quoted a source, I know not what I speak of.
quote:
Those who think CMKX is scam, do you have solid proof that it is scam? I mean real solid PROOF not just your own speculation! No you don't, just like those who do not think this is a scam, there is no latest PR (but we have past PRs and few good articles, and theories to support that CMKM Diamonds have diamonds). I still don't understand what is the hype to sell it at 0.0002 if it will go up much more!!!!
If it walks like a duck and talks like a duck....
quote:...then what?
Originally posted by Upside:
If it walks like a duck and talks like a duck....
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
[This message has been edited by highwaychild (edited May 24, 2004).]
[This message has been edited by highwaychild (edited May 24, 2004).]
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
May God Bless All.
quote:
Originally posted by STAR GAZER:
In answer to "Who is Sterling?" He is over on the Raging Bull board and has his own site called "Sterlings Classroom Member Forum." Over the last year of so I have periodically come across people talking about him because he is supposed to come up repeatedly with winning stocks before thdy take off and lately he has been saying that CMKX is going to be the next winner and that it is going to
be bigger than all the others. I have never been successful in trying to sign up for the Raging Bull site and so, until today, I have never been able to get into his site. However
today I accidently stumbled into it. I put in
a search for (shares outstanding usci) Once in the site I went to the second matching site called (MessageBoard - Message List for USCI...) On the right side of that page is a list labled (Most Active Boards) I went down to CMKX and got on that board. Message 181 gives two sites to Sterlings board. If you click on to the sites they will take you to his board. But I don't know how to go directly to the sites. I don't know that much
about computers. I typed the sites exactly as
they were written into the blank rectangle next to the word search, but when I click 'search' it just says "there is no such
site." The same thing happens when I try to join the Raging Bull Board, I get a message saying "Thank you for applying for membership
to the Raging Bull Board, but before you can join, go to this site (and then they list an http:// site) but when I type it into the blank rectangle nest to the word 'search' and click search it also says that there is no such site. There is a Raging Bull option on its main page the says if you have any questions please put your question here and let us know. I have reapeatedly put in the message that I am new to computers, don't have any friends that know anything about computers, and explain what I'm doing and ask
them tell me what I am doing wrong, but I have never gotten a reply from them. Maybe they think that nobody can be as stupid as I say that I am.
Whatever, Some has also asked, who is Casavant? He is the owner of CMKX. Years ago it was strongly suggested that he was involved in some fraudulent stock schemes and
so that is one of the reasons that people think that CMKX is a fraud waiting to happen.
However, with all the good things about CMKX,
their great land position, etc. I am willing to hold on to the shares that I have and give
him the benefit of the doubt.
[This message has been edited by rsnws (edited May 24, 2004).]
This is the official government document for the file # that is listed on the map from Bam Bams "official confirmation of diamonds" post above. As you can see, this is not CMKM's property. It's a joint venture by 3 different companies. The only thing in the file that strikes me is that Ralph Newson is mentioned. He is also involved in CMKX's project.
[This message has been edited by Upside (edited May 25, 2004).]
[This message has been edited by rockinit (edited May 25, 2004).]
Good Luck to all the investors with balls of steel, because that's what it takes to be in this stock.
quote:
Originally posted by gunner08:
LOOK at the volume already today
162,000,000
in a matter of minutes
GUNNER DO YOU EVER REMEMBER SEEING 22500000
BEFORE THE BELL MAYBE TODAY IS THE DAY
BID
4@.0001
ASK
13@.0002
2@.0003
quote:
Originally posted by emunahstock:
Lots of marketmakers lined up. I am sick of trying to help people make some money here. ALL I WILL SAY IS YOU ARE RUNNING OUT OF TIME FOR THE EASIEST MONEY U MIGHT EVER MAKE. Don't ask me to prove it, JUST WATCH THE TRAIN RUN AWAY
[This message has been edited by rsnws (edited May 25, 2004).]
4.3 Bil in less than 1 hr..
[This message has been edited by cool1sh (edited May 25, 2004).]
2 billion in 10 minutes, even more impressive!
3 billion in 18 minutes.
Notice all the 99,999,900 (hundreds of them) transactions going through? Someone is dumping a lot of cash into this thing right now, hope its Urban.
[This message has been edited by BobTheSlob (edited May 25, 2004).]
[This message has been edited by BobTheSlob (edited May 25, 2004).]
5@0001
ASK
11@.0002
4@.0003
[This message has been edited by rsnws (edited May 25, 2004).]
BID
8@0001
ASK
12@.0002
3@.0003
4.4 Bil in less than 1 hour.. intersting..
quote:
Originally posted by rsnws:
L2BID
8@0001
ASK
12@.0002
3@.0003
quote:
Originally posted by slowgothemo73:
I have scottrade ticker....i could of swore i seen this well over 2 billion in vol...now its at 167 mil.....what happened...anyone else???????????
quote:
Originally posted by slowgothemo73:
I have scottrade ticker....i could of swore i seen this well over 2 billion in vol...now its at 167 mil.....what happened...anyone else???????????
It reset itself... It's normal for scottrade. Don't worry.
------------------
FurrySound
-DD-GLTA-Unless I've quoted a source, I know not what I speak of.
"He" is Melvin??
quote:
Originally posted by WWJD-thru-me:
I called the diamond hotline 1-877-752-3755 and asked about news. He said he was hoping fo rnews yesterday and expects it this week. It is starting to get exciting.
IMO-DD-GLTA-Debi
L2
BID
10@.0001
ASK
12@.0002
3@.0003
I AM TRYING ALL DAY. I THINK ONLY THE MARKETMAKERS ARE BUYING NOW AT THAT PRICE.
quote:
Originally posted by emunahstock:
I CAN'T BUY ANYMORE AT .0001I AM TRYING ALL DAY. I THINK ONLY THE MARKETMAKERS ARE BUYING NOW AT THAT PRICE.
he's on ibc radio right now i cant get it to work
10:09 am cent time
the link is www.ibcradio.com
-John
OK I am unclear on the theory here.
If this is naked shorted VERY BAD.
And UC is buying back shares by the truck load.
Is he buying "air" shares. (fake shares) ?
The point i do not get is this.
Even if the legitmate issued shares is 50 Billion.
There could be 50 Trillion out there owned by us.
I do not get this.
I do think the company is trying to turn things around.
I do own some shares.
I do think there is a good reason to have a sell at .0002 to try to get into a free share position. Maybe even to increase your holding as the market goes up and down. However I would not sell all my holding at .0002 out of concern about missing the ride when it does move (if it does).
Paul
------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.
ibcradio site is getting hit so hard i cant get it
quote:
Originally posted by penguinking:
CMKX is on ibc radio.. there saying give us time the guy sounds pissed off (he says if people think this company is a scam please take your money out and go some where else)
it's p|ssing me off... I can't hear it... keep getting a "server is full" error message...
people are post who can here there
the best one so far is that were not a fly by night company
and alot of people are going to eaat crow
------
Memo to diamond dealers: If you don't want to lose your precious gems, don't put them inside race cars.
A flawless diamond worth about $350,000 embedded in the nose of a Formula One car was lost to the ages when the car's driver plowed into a guard rail at the Monaco Grand Prix on Sunday, reports the Independent of London.
"At that point, I should probably have been worried about the car or the race or the driver," Jaguar team spokesman Nav Sidhu said to the newspaper, "but, I must admit, my immediate thought was for the diamond."
Two identical shirt-button-sized gems were embedded in the noses of both Jaguar team cars (search) before the start of the well-known race, in which Formula One cars race through the winding streets of the tiny principality on the French Riviera at speeds up to 175 mph.
Even worse, driver Christian Klein crashed during the first lap, meaning that the Jaguar team had to wait until the race was finished two hours later before being allowed safely out into the track to look for the diamond.
By that point, the race cars' massive wheels could have taken the gem anywhere, and spectators who had heard the news jumped onto the track trying to find it.
"We have 100,000 people milling around trying to find a bit of crashed car across the course," said Sidhu. "I don't expect we are going to get it back."
Since the cost of underwriting a diamond of such value at such a risky event would have been astronomical, the lost gem was not insured.
The diamonds were part of a one-time publicity stunt promoting the Israeli gem firm of Steinmetz, with an additional tie-in to "Ocean's 12," the upcoming movie starring George Clooney, Brad Pitt and Matt Damon that involves a European jewel heist.
Sidhu said he hadn't yet spoken with the diamond firm, but said, "at the end of the day it is the sponsor that will take the loss."
------- http://www.foxnews.com/story/0,2933,120810,00.html
But then again, wouldn't that be good publicity and show they have diamonds???
Jimbo...
quote:
Originally posted by tahoe:
my order wont fill at .0001
I tried purchasing at .0001 but once I submitted my order, it automatically filled at .0002..... I could not believe it! Oh well.... it will be ok once we see it going higher.
quote:
Originally posted by Nile313:
I tried purchasing at .0001 but once I submitted my order, it automatically filled at .0002..... I could not believe it! Oh well.... it will be ok once we see it going higher.
Sounds like you did a market order and not a limit order. If that is the case, always, always, always, always do a limit order. Did I mention 'always'? (Ok, there are occasions where a limit order isn't practical, but we'll leave that alone)
------------------
FurrySound
-DD-GLTA-Unless I've quoted a source, I know not what I speak of.
Not to mention loosing 1 million CMKX shares to prove to everyone and myself that you could actually sell them at 0.0001 only loosing your commission cost.
Source: We all make mistakes and learn, well, most of us learn
------------------
FurrySound
-DD-GLTA-Unless I've quoted a source, I know not what I speak of.
3:59:48 PM Trade 0.0002 1000000
3:59:28 PM Trade 0.0002 1000000
3:59:10 PM Trade 0.0002 1000000
3:58:26 PM Trade 0.0002 1500000
3:58:22 PM Trade 0.0002 2000000
3:58:22 PM Trade 0.0002 20000
3:58:02 PM Trade 0.0002 1000000
3:57:40 PM Trade 0.0002 1440500
3:57:08 PM Trade 0.0002 1000000
3:57:00 PM Trade 0.0002 400000
3:50:54 PM Trade 0.0002 1500000
3:50:04 PM Trade 0.0002 559500
3:47:58 PM Trade 0.0002 900000
3:47:52 PM Trade 0.0002 2300000
3:47:20 PM Trade 0.0002 900000
3:47:06 PM Trade 0.0002 5140000
3:39:44 PM Trade 0.0002 9000000
3:38:36 PM Trade 0.0002 9000000
3:37:56 PM Trade 0.0001 5000000
3:37:42 PM Trade 0.0002 5000000
3:35:40 PM Trade 0.0002 1000000
3:35:10 PM Trade 0.0002 1000000
3:34:52 PM Trade 0.0002 800000
3:33:24 PM Trade 0.0002 600000
3:31:52 PM Trade 0.0002 600000
3:29:24 PM Trade 0.0002 300000
3:24:48 PM Trade 0.0002 100000
3:22:08 PM Trade 0.0002 2000000
3:01:10 PM Trade 0.0002 4900000
BB
quote:
Has there been a bonafied PR that CMKX has found diamonds yet?
No
quote:
Originally posted by niedejb:
Anyone able to sell at .0002?
You WILL NOT sell at .0002 unless you are very very lucky
Hopefully sooner or later it will be easy to do, but currently, it ain't happening unless you get lucky and someone leaves an open order for CMKX and it gets filled at .0002.
quote:
Originally posted by STAR GAZER:
Golf 57. I put in a sell order in my Amertrade account a while back at .099 so that the Market Makers couldn't use my shares
for their trading. I tried to put it in higher than that, but Ameritrade cancelled my good till cancelled orders if I put in a sell price that was too far above its current
price. .0005 is WAY TOO LOW. I did that once before on a stock that took off and then had to sit on the side lines and watch it soar without me. Never again. In fact, if CMKX starts to take off, I will cancel my sell order.
SG,
I've had a CMKX sell order for $1 in my Ameritrade account for months... they haven't cancelled that for me. BTW, when I say months, I mean that every month I have to update it since they auto cancel GTC orders at the end of the next month from when you placed the order. Are you sure that this is not what happened? Give it another shot.
quote:
If it comes back diamonds (very likely) this is going to go.
I guess I'd have to agree with that. I think that before people really read between the lines of a we have diamonds p/r, there will be an all out buying frenzy. This wait for news has built up peoples emotions surrounding this stock like a pressure cooker and it won't take much to blow the lid for a very short period. My guess is if in fact they do come out with that type of p/r we'll see .0004/.0005 absolute tops for a day and then back down to .0001/.0002.
OK guys I am no Diamond miner , but am in the oil field which plays out the same. To Debeers , UCAD,United Carina,Consolidated Pine, and CMKX are considered to be Wildcatters( an oilfield term for independants). As with any major player these wildcatters are okay because the funding is never there for them to ever be a threat or force in the world markets for lack of funding. As I had stated in some of my earlier posts This First Publicly known hole to be drilled as shown on first video at the website , Must have not had the anticipated results , no pictures, and no PR on it, the indication being that the second drilling was named after Urbans wife. Now then after the first core samples were retrieved from below the 400 ft levels and more specifically some at the 500 ft + levels . The three mentioned companies signed an option to buy mineral rights and working intrest in CMKX held claims. This indicates a large interest and enhances the probability that this Diamond Play is going to be a big deal. Now this option was only good till March 31. Now we are at 900 ft + and still in Kimberlite which indicates they are indeed in a Kimberlite Pipe. Now we have another PR with the other mining companies involved in this PR and are as excited about it as some of us are excited to be shareholders. Now Debeers will have to pay attention to this group because we now have the energy and resources of 4 companies rather than just 1 on this venture . I am alluding to the fact that the other 3 companies are going to exercise their options, and by the PR put out I am assuming that is a given.(update , that has been done) Now that puts all 4 companies at 25 % interest with CMKX being primary operator. Now is when the fun starts , with all 4 companies analizing samples(I am assuming they are) this will speed up the process of determining the actual Potential value of the Pipe itself. As parts of this is let known to potential big money investors (assuming Positives) then the real money starts rolling in for Urban and us shareholders as well. Then Debeers will see this is Happening and worldwide recognition for CMKX is established as a viable and potential long term investment. Through Debeers recognition of CMKX. Now all of this will happen in my opinion because, all of the big money people in the world want more money . Many attempts will be made to purchase the said Pipe and other mineral options from some Big people around the world. It is my opinion that this will not happen (Because Urban wants the Casavant Brand Diamond ). He will mine this, produce the Diamonds , and become a force in the world market of Diamonds. Hey all this is just my opinion , and the way I see it. I could be wrong.. GLTY in all your investments
CMKX@.0001 Worth 1.00 a Share. 1 Trillion Share Shorted
Explaination of CMKX 1 Trillion Share Naked Short below:
Breakdown of Naked Short:
NITE-300 Billion
Jeff-250 Billion
CRWN-175 Billion
SCHB-125 Billion
FRAN- 75 Billion
BSIC- 60 Billion
All other MM's 1 Billion to 15 Billion
1 Trillion Shares Naked Short Will be "Covered" via the {Worlds
Largest Short Squeeze} when the Company releases the Entire O/S to
include shares retired/Bought Back recently and the "Public Float".
This will take place very, very, very soon folks, dont sell yourself
short by bailing early into the run...Remember theres atleast 1
Trillions shares of "Buying" volume that needs to go threw before
short is covered and the "COVERING" Started yesterday with NITE on
Bid all day.
Now comes the time to force the MMs to gather accountability for
covering. Urban can do this by re-issuing CIM shares as a dividend
to all current shareholders of CMKX shares to be effective by an
execution date sometime in the near future. Maybe some date like 15
Jun or 30 June 04.
But first and at the same time, announce that CMKX has made a $1.00
per share tender offer to buy all shares of CMKX shareholder's
shares to take the company private. They will be willing to do this
because insiders own at least 85.7% of the OS so it would really be
like buying out yourself or paying yourself. Going private along
with re-issuing the CIM dividend will no doubt force the MMs to
cover all naked shorted positions.
You can do a lot when you own billions of dollars in gold, platinum,
uranium, kimberlite, and diamonds to say the least. Buying us out to
go private at $1.00 per share still might be too low, but I'm sure
many would appreciate such yet still.
Now after the announcement of taking CMKX private, CMKX will make
the announcement that those who buy CMKX up to the new execution
date will receive a 1,000 to 1 dividend of CIM shares to further
compensate the value that the company has determined to award fair
value to its shareholders.
That's right, CMKX will take back those already old CIM shares to
give them in return the newly re-issued CIM shares with value unlike
before. Others who never had any CIM shares would receive CIM shares
under the same newly 1,000 to 1 ratio and investors will have up
until the new execution date to buy to receive the newly re-issued
CIM shares dividend.
They will also announce that CIM will apply for a new CUSIP# and
ticker to submit application to trading on the NASDAQ National
Market since they must trade with four symbols on the NASDAQ
markets. They will announce that Qualifications are expected to be
met by some future date maybe like 31 Jul or Aug 04 to submit
application to the NASDAQ National Market. This means that CIM would
trade at no lower than $5.00 per share.
The Look of the CIM Dividend
We will guess and say that CMKX OS is 40 billion shares and the OS
for CIM is to be 40 million shares.
CMKX OS ÷ CIM OS = Dividend Ratio
40,000,000,000 ÷ 40,000,000 = Dividend Ratio
1,000 = Dividend Ratio
With 1,000 to 1 Dividend of CIM shares this means you pay the
following to get the end result listed below:
1,000 Shares of CMKX = .10 cents
1 Share of CIM = $5.00
So…
1,000 Shares of CMKX = 1 Share of CIM
Or to better review...
.10 cents = $5.00
This is saying that for every .10 cents you spend, you will receive
$5.00 back in return.
In Summary…
** If you bought 10,000,000 shares of CMKX at .0001 cent, it would
cost you $1,000 total.
In return you would receive in CIM shares:
CMKX shares ÷ Dividend Ratio = Total shares of CIM
10,000,000 ÷ 1,000 = 10,000
This means that your total value in your brokerage account would be
as below:
10,000,000 x .0001 = $1,000 for CMKX
10,000 x $5.00 = $50,000 for CIM
Again, not a merger, a dividend to where the shareholders get to
keep their 10,000,000 shares of CMKX and receive their new 10,000
shares of CIM at the dividend rate of 1 CIM share for every 1,000
CMKX shares you have or buy before the execution date in the very
near future. The total amount from the brokerage account would be
$51,000 from your initial investment of $1,000 of CMKX shares,
right?
Not so. Don't forget that your 10,000,000 million shares of CMKX
will be given the tender offer of $1.00 per share so that would make
that equate to:
$10,000,000 + $50,000 = $10,050,000 in total value
This is very powerful. CIM is used as the company for the dividend
because CIM has claims to a huge zinc find that is valued at a
tremendous amount. Urban wants to reward previous shareholders and
current shareholders who had not the opportunity to become
shareholders of CMKX by its first CIM date of execution. Because of
such, he is re-issuing shares of CIM and using as the selected
company to move to the NASDAQ.
Now get this, we are still not done with accessing value. Analyze
what is transpiring to place actual value in CMKX to further entice
investors to take a position in CMKX if what was discussed above was
not enough.
To Determine a Minimum CMKX Valuation for the Tender Offer
It has been now determined that we actually picked up two thirds of
the piece of land that was originally thought to have been DeBeers
and was that piece of land/kimberlite that Dr. Hutchison valued at
$40 to $80 billion.
Let's take the low side to determine fundamental valuation. Two
thirds of $40 billion is about $26 billion. I will use that amount x
2 as the amount as income because of what many will soon discover is
that we have far more resources and locations that would allow that
to be used as a minimum. This figure of $52 billion would definitely
cover above and beyond any expenses. Again, I think such would be
revealed soon to show how this figure is still being conservative.
From the above example we guesstimated that the OS for CMKX was no
higher than 40 billion so we will us the same figure here. Please
observe:
Income ÷ CMKX OS = EPS
52,000,000,000 ÷ 40,000,000,000 = EPS
1.30 = EPS
So giving the share holders a Tender Offer of $1.00 could be viewed
as a conservative offer by Urban and CMKX, but yet still would be
greatly appreciated.
** Now what if we really do have a huge abundance silver, zinc,
gold, uranium, platinum, and diamonds to say the least?
** Now what if we do have 12 miles of kimberlite that was
discovered from the aerial survey?
** Now what if they had billions of dollars of kimberlite alone that
they use to re-mineralize and sell as soil?
** Now what if this is going to be the biggest margin call in the
world?
** Now what if there really are lots of corporate investors that are
about to join the party?
** Now what if our claims are now up to nearly 3 million acres in
the FALC region?
BUT WITH ALL THIS INFO, WHY IS NITE ALL OVER THE BID IF THIS
ISN'T TRUE !!!
quote:
Originally posted by joesturbo:
I believe this was posted by Stearling on Sunday...
Yes, it was posted by Sterling (correct spelling )
------------------
FurrySound
-DD-GLTA-Unless I've quoted a source, I know not what I speak of.
quote:
Originally posted by flashovertx:
I just recently bought qbid at .0099. I have made a nice little gain. I was wondering if it would be a good idea to sell first thing today, take the profit, invest that in CMKX and then repurchase QBID when it drops back down to .012 or so? suggestions
I say sell QBID, because the PR they released is pretty much fluff and they really gave no more information than what people already knew. I think it will have a gap up first thing at open and then drop so sell then. As far as getting in CMKX. I would get into CMKX only if I could get in at .0001. Also QBID might do one of it's big fast drops and then a big bounce back up and you want the money to play the bounce. Just my opinion.
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FurrySound
-DD-GLTA-Unless I've quoted a source, I know not what I speak of.
quote:
Originally posted by hammer1home:
is it possible the retired all the shares they wanted to?if so they are ready to release some news getting all the ducks in a row. imo
i sure hope so... daddy needs a new life! LOL
quote:
Originally posted by DIESELECLASS:
something you might not all know...there are enough diamonds in the world, already being held, and that have already been mined to fill up one large soda cap with diamonds and give everyone in the world one of these caps. I did say everyone. The price of diamonds is so high, because of the fact that there is such a strictly monitored release of them, to keep the price high. Do your own DD though. I am not bashing this company, I know nothing about it... just came in here to see what was going on. Who knows when I am done making money with QBID, there might still be some pickings left with this one. For me though, I don't see myself getting into diamonds right now. But that is my opinion, and I am a newbie, so plesae dont take my word for it, or anyone elses... you are the only one who can be held responsible for your own actions! But to all of you who are invested in this company, I hope it does extremely well.
***********
looks like I am ready... my order should get filled (hopeflly) and I am on board!
pickings look good...lets ROLL!!!
Source: http://cmkmdiamonds.proboards27.com/index.cgi?board=questions&action=display&num=1085578882
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FurrySound
-DD-GLTA-Unless I've quoted a source, I know not what I speak of.
quote:
Originally posted by futuresobjective:
***********
looks like I am ready... my order should get filled (hopeflly) and I am on board!
pickings look good...lets ROLL!!!
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
HKF
quote:
Originally posted by futuresobjective:
anyone here IBC radio today? ckmx pr guy was comparing the company to building a bong... something similar to that... already forgot some of it.. he must have passed to the right =)
[This message has been edited by HongKongFuey (edited May 26, 2004).]
[This message has been edited by HongKongFuey (edited May 26, 2004).]
[This message has been edited by cool1sh (edited May 26, 2004).]
quote:
It was a bomb, not a bong. Well, we know what someone does with thier extra time :-).
Building a bomb huh? One that they can watch blow up in the faces of all of the shareholders would be my guess.
quote:
Originally posted by FasttrackerMo:
I have 200,000,000,000 shares and I am still waiting for my .0002 sell order to go through! LOL
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
if you are looking for todays interview the link is... http://yazzi.com/cmkx
quote:
Originally posted by TradingWizard:
Are you saying you invested 20 mil dollars in CMKX....you got be kidding us!!!!!!!!!
[This message has been edited by joesturbo (edited May 26, 2004).]
quote:
Originally posted by joesturbo:
He was being sarcastic...if you are looking for todays interview the link is... http://yazzi.com/cmkx
[This message has been edited by joesturbo (edited May 26, 2004).]
quote:
Originally posted by joesturbo:
He was being sarcastic...if you are looking for todays interview the link is... http://yazzi.com/cmkx
[This message has been edited by joesturbo (edited May 26, 2004).]
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
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'Alone we can do so little; together we can do so much.' - Helen Keller
quote:
Originally posted by STAR GAZER:
pharmdmar I am cancelling my present sell order and changing it to sell @ 1.00 GTC
Did they cancel it or is it still there?
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
#1, How do you short a stock that basically sells at .0001? Who in their right mind would do it? By shorting you are betting the pps will be going down.
#2, How does releasing the o/s count give short sellers ammunition? The shares are either available for shorting or they aren't. The o/s count doesn't matter. If they're all naked shorts the o/s is even more meaningless. Naked shorters use shares that don't exist anyway so how does an o/s count affect this?
Any help?
Question 1 -They just do it. Assuming that the the company will go belly up. OR shooting for what would look like a realistic chance of a RS followed by the PPS falling right back to where it is now. This gives them the chance to cover at 1/10 of the sell price.
Question 2 - Don't have a clue.
quote:
Originally posted by Upside:
Could someone please answer a few questions for me? I just listened to Melvin on IBC radio today and he said that Mr. Casavant would not release the o/s count until "the time was right" and that he wouldn't do it because he didn't want to give "ammunition" to the short sellers. Couple of questions about this:#1, How do you short a stock that basically sells at .0001? Who in their right mind would do it? By shorting you are betting the pps will be going down.
#2, How does releasing the o/s count give short sellers ammunition? The shares are either available for shorting or they aren't. The o/s count doesn't matter. If they're all naked shorts the o/s is even more meaningless. Naked shorters use shares that don't exist anyway so how does an o/s count affect this?
Any help?
------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.
hahahhahaha...
"I don't care about diamond, I don't care about outstanding shares, but I care about Shareholders."
LOL...
****ing dick... show the DIAMONDS and O/S shares.
[This message has been edited by offshoretrader (edited May 28, 2004).]
And this is what I found, especially last paragraph:
The Diamond Cartel
The discoveries of 1870–71 in South Africa led to a great number of prospectors staking out claims and securing the diamonds by open-pit or quarry mining. The damage caused by floods and mudslides, unavoidable when there were so many different claims, was an important factor in the series of amalgamations carried on by Cecil Rhodes and Barnett Barnato. Rhodes brought about the merging of their interests in the De Beers Consolidated Mines, Ltd., which established (1889) an effective monopoly over the diamond industry. Loss of diamonds by theft was reduced through the passage of the so-called I.D.B. (Illicit Diamond Buying) Act, which limited the trade to licensed buyers and imposed penalties for the possession of uncut stones without a license. Thefts were further curtailed by the institution of compounds in which the workers live while employed by the company and which they leave only after being thoroughly searched. 6
Most of the major diamond producers belong to, or have cooperated with, the De Beers–led marketing cartel, formed to maintain the price of diamonds at a high level. De Beers, under Harry Oppenheimer’s leadership (1957–84), maintained its dominant position in the industry by using its numerous worldwide companies to buy up new sources of diamonds and to control distribution of industrial diamonds and production of synthetic ones. In the last decades of the 20th cent., however, De Beers’ hold over the unpolished diamond market decreased, and in 2000 the company announced it would end to its policy of controlling diamond prices through hoarding and shift its focus to increasing sales.
More reading and source on the above statement: http://www.bartleby.com/65/di/diamond.html
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
And the winner article is (I personally found it very interesting): http://www.kaiserbottomfish.com/s/Educational.asp?ReportID=71104
And if you not up to heavy reading, this will do (copy from other web):
"John Kaiser of Kaiser Bottom-Fish Online had an article in Resource World (June 2003) entitled "How To Analyze Diamond Stocks" in which he details his beliefs about organizing data to understand diamond industry stock.
Kaiser makes an apt reference to race track statistics and betting formulae based on information. It is all speculation and regardless of "due dilligence" there can be a let down in the end.
The difference between horse races and diamond exploration stocks lies in the duration of the race, or the stock play. With stocks, there is much more time to change your position, many points at which you can buy in or sell. Once the bet on the horse is made, there are few options other than sitting out the race.
How does Kaiser organize the information?
Organizing Info about Publicly Traded Junior Diamond Exploration Companies
Kaiser warns all owners of stock in a junior exploration company that they do not hold title to a real asset but to a potential asset. That is the nature of stocks on the TSX Venture exchange.
Determining the value of the asset depends on access to valuable geological and market data such as "tonnage, grade, and commodity price" amongst other factors.
Investors must also understand the stages of the exploration-to-market cycle. Kaiser lists nine points in the cycle which leads to a mine: Grass Roots, Target Drilling, Micro Diamond Testing, Mini Bulk Sampling, Bulk Sampling, Prefeasibility, Permitting, Construction, and Production. There are also other factors related to partnerships, a source which will purchase the production and downstream wholesalers/retailers for diamonds of a gem grade or a commercial grade. If a partner purchases the rights to bring a find to a mine and then closes the area down because market conditions are not right or its own supply line does not require bringing the find to a mine for another twenty years, where is the investor?
How do all these variables translate into stock price?
Obviously a company with 20,000,000 shares with a capialization of two million dollars cash could be seen as having a stock value of ten cents. On top of that is the speculative value of the claims. Such value depends on where the company stands in relation to Kaiser's points in the cycle which leads to production. It is really more complicated as Kaiser explains: "Speculators do not start with ultimate project values and theoretical project values corresponding to a probability ladder. They start out with stock price, figure out the fully diluted capitalization, find out what the project promoter is touting, and what net interests the company will end up with in the project. This information can be tied together by multiplying fully diluted capitalization by the stock price, and dividing by project percentage expressed in a decimal form. The result is an implied project value (IPV), or what the market is saying the project is worth in its entirety based on the junior's stock price. Then the speculator asks where the project is in the exploration cycle, how big the discovery will be and why, and what the company is doing to make it happen." (Resource World Magazine, June 2003, p. 16)
Source: http://www.brysonburke.com/investing_organize_data.html
Good night!
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
quote:
Originally posted by VIP:
this Melvin guy is the funnies guy I ever heard.
hahahhahaha...
"I don't care about diamond, I don't care about outstanding shares, but I care about Shareholders."LOL...
****ing dick... show the DIAMONDS and O/S shares, u bitch...
He also said "this is the biggest diamond find ever". Why would he say that if they haven't found diamonds.
quote:
Originally posted by PAUL:
Upside, I hope all is well with you. Been real busy here.Question 1 -They just do it. Assuming that the the company will go belly up. OR shooting for what would look like a realistic chance of a RS followed by the PPS falling right back to where it is now. This gives them the chance to cover at 1/10 of the sell price.
Question 2 - Don't have a clue.
[This message has been edited by rsnws (edited May 26, 2004).]
[This message has been edited by rsnws (edited May 26, 2004).]
quote:
Originally posted by Upside:
Could someone please answer a few questions for me? I just listened to Melvin on IBC radio today and he said that Mr. Casavant would not release the o/s count until "the time was right" and that he wouldn't do it because he didn't want to give "ammunition" to the short sellers. Couple of questions about this:#1, How do you short a stock that basically sells at .0001? Who in their right mind would do it? By shorting you are betting the pps will be going down.
#2, How does releasing the o/s count give short sellers ammunition? The shares are either available for shorting or they aren't. The o/s count doesn't matter. If they're all naked shorts the o/s is even more meaningless. Naked shorters use shares that don't exist anyway so how does an o/s count affect this?
Any help?
[This message has been edited by rsnws (edited May 26, 2004).]
The only thing in the room is the diamond that is housed under a glass cube. The glass cube stands on a one-meter pedestal in the centre of the room.
Alarm wires spaced eight centimetres apart and running parallel to each other lie under the carpet. The alarm will trigger if more than four kilograms of pressure is applied to any individual wire.
Zimi Bibutel, who weighs 74 kilograms, was able to steal the famous diamond. He used the following equipment:
a five meter 2 x 4 board
four leather straps
.............(each two meters long and five cm wide)
a hammer
a saw
How could he do it without triggering the alarm?
Answer:
Zimi Bubutel stole the diamond in the following manner:
First, he cut five meter 2 x 4 boards in half. Then using the available straps, he fastened the two boards to his feet like skies.
With the boards strapped to his feet, his weight was displacing enough so that he did not exceed the wire’s weight tolerance and triggers the alarm.
Zimi then slowly and carefully walked to the centre of the room, smashed the glass cube with the hammer, took the diamond and returned the same way he came in.
He has not been apprehended to this day.
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
quote:
He also said "this is the biggest diamond find ever". Why would he say that if they haven't found diamonds.
He was referring to the FLC area as a whole when he said that. Not to their core samples specifically although he did kind of make it sound that way.
quote:
Originally posted by Upside:
He was referring to the FLC area as a whole when he said that. Not to their core samples specifically although he did kind of make it sound that way.
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
quote:
Originally posted by TradingWizard:
A response to this comment:
"Originally posted by DIESELECLASS:
something you might not all know...there are enough diamonds in the world, already being held, and that have already been mined to fill up one large soda cap with diamonds and give everyone in the world one of these caps. I did say everyone. The price of diamonds is so high, because of the fact that there is such a strictly monitored release of them, to keep the price high. Do your own DD though. I am not bashing this company, I know nothing about it... just came in here to see what was going on. Who knows when I am done making money with QBID, there might still be some pickings left with this one. For me though, I don't see myself getting into diamonds right now. But that is my opinion, and I am a newbie, so plesae dont take my word for it, or anyone elses... you are the only one who can be held responsible for your own actions! But to all of you who are invested in this company, I hope it does extremely well."And this is what I found, especially last paragraph:
The Diamond Cartel
The discoveries of 1870–71 in South Africa led to a great number of prospectors staking out claims and securing the diamonds by open-pit or quarry mining. The damage caused by floods and mudslides, unavoidable when there were so many different claims, was an important factor in the series of amalgamations carried on by Cecil Rhodes and Barnett Barnato. Rhodes brought about the merging of their interests in the De Beers Consolidated Mines, Ltd., which established (1889) an effective monopoly over the diamond industry. Loss of diamonds by theft was reduced through the passage of the so-called I.D.B. (Illicit Diamond Buying) Act, which limited the trade to licensed buyers and imposed penalties for the possession of uncut stones without a license. Thefts were further curtailed by the institution of compounds in which the workers live while employed by the company and which they leave only after being thoroughly searched. 6
Most of the major diamond producers belong to, or have cooperated with, the De Beers–led marketing cartel, formed to maintain the price of diamonds at a high level. De Beers, under Harry Oppenheimer’s leadership (1957–84), maintained its dominant position in the industry by using its numerous worldwide companies to buy up new sources of diamonds and to control distribution of industrial diamonds and production of synthetic ones. In the last decades of the 20th cent., however, De Beers’ hold over the unpolished diamond market decreased, and in 2000 the company announced it would end to its policy of controlling diamond prices through hoarding and shift its focus to increasing sales.
More reading and source on the above statement: http://www.bartleby.com/65/di/diamond.htmlgood post.... thanks!
Good luck to all CMKXers..
CMKM Diamonds, Inc. Announces Update on Carolyn Pipe and Targets Selected for Drilling on Green Lake
Thursday May 27, 9:30 am ET
http://biz.yahoo.com/bw/040527/275204_1.html
May 27, 2004
LAS VEGAS, May 27, 2004 (BUSINESS WIRE) --
CMKM Diamonds, Inc. (Pink Sheets: CMKX) is pleased to announce that the Company has completed the first phase of drilling of the 'Carolyn Pipe'in the Fort a la Corne, Saskatchewan area. Five holes were drilled, of which four intersected kimberlite.
Drill hole #1 intersected 428 feet of kimberlite. Drill hole #2, north of hole #1, intersected about 246 feet of kimberlite. Drill hole #3, east of hole #1, did not intersect any kimberlite. Drill hole #4, west of hole #1, intersected 206 feet of kimberlite. Drill hole #5, north of #4, hole approx. 226 feet of kimberlite, although there is a 15 foot interval of mudstone in the kimberlite, which may be a layer of sediment laid between two episodes of kimberlitic volcanism. Thinner layers of mudstone in the kimberlite in other holes may also be either blocks or layers of sediment.
The kimberlite intervals from holes #1 and #2 have been split and half of the core has been sent to an independent laboratory for microdiamond analysis by total dissolution. The results are expected soon and further work on the 'Carolyn Pipe'will depend on those results.
The Company would also like to announce an update on the Green Lake claims, which are located in the province of Saskatchewan. The core drilling at the Green Lake claims has been delayed and will not commence, at this time, because of the possible difficulties of drilling the target through the ice. The Green Lake claims were targeted for core drilling prior to the kimberlite find, at the 'Carolyn Pipe', but further examination of the drill location indicated swift currents below the surface of the ice which may have caused considerable damage to the drill equipment. It had been determined that drilling other priority targets would be in the best interest for the drilling program, while further research to achieve a successful core drilling for this target can be attained.
Goldak Airborne Surveys of Saskatoon, Saskatchewan, Canada has been contracted, on behalf of CMKM Diamonds, Inc., to perform an airborne gradient survey of approximately 53,000 line kilometers. The survey encompasses the central Fort a la Corne kimberlite cluster and covers the surrounding mineral claims owned by the Company. All required payments, with respect to the contract, have been met and the operation is proceeding, unimpeded. The Goldak Tri-Maxial gradiometer system is able to sharply define and reject cultural anomalies. This type of survey also has the ability to detect non-magnetic kimberlites, and it is believed that some non-magnetic kimberlites may exist in the area. The survey operations, started in early April, and now at the end of May, are over 90% complete. The aerial survey is expected to be finished, flying within the next week and then final data processing will begin. When the data processing is complete, the data will be delivered to the Company geologist for interpretation and selection for follow-up ground surveys to determine drill targets.
------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.
CMKM Diamonds, Inc. Announces Update on Carolyn Pipe and Targets Selected for Drilling on Green Lake
Business Wire - May 27, 2004 09:30
LAS VEGAS, May 27, 2004 (BUSINESS WIRE) -- CMKM Diamonds, Inc. (Pink Sheets: CMKX) is pleased to announce that the Company has completed the first phase of drilling of the "Carolyn Pipe" in the Fort a la Corne, Saskatchewan area. Five holes were drilled, of which four intersected kimberlite.
Drill hole #1 intersected 428 feet of kimberlite. Drill hole #2, north of hole #1, intersected about 246 feet of kimberlite. Drill hole #3, east of hole #1, did not intersect any kimberlite. Drill hole #4, west of hole #1, intersected 206 feet of kimberlite. Drill hole #5, north of #4, hole approx. 226 feet of kimberlite, although there is a 15 foot interval of mudstone in the kimberlite, which may be a layer of sediment laid between two episodes of kimberlitic volcanism. Thinner layers of mudstone in the kimberlite in other holes may also be either blocks or layers of sediment.
The kimberlite intervals from holes #1 and #2 have been split and half of the core has been sent to an independent laboratory for microdiamond analysis by total dissolution. The results are expected soon and further work on the "Carolyn Pipe" will depend on those results.
The Company would also like to announce an update on the Green Lake claims, which are located in the province of Saskatchewan. The core drilling at the Green Lake claims has been delayed and will not commence, at this time, because of the possible difficulties of drilling the target through the ice. The Green Lake claims were targeted for core drilling prior to the kimberlite find, at the "Carolyn Pipe", but further examination of the drill location indicated swift currents below the surface of the ice which may have caused considerable damage to the drill equipment. It had been determined that drilling other priority targets would be in the best interest for the drilling program, while further research to achieve a successful core drilling for this target can be attained.
Goldak Airborne Surveys of Saskatoon, Saskatchewan, Canada has been contracted, on behalf of CMKM Diamonds, Inc., to perform an airborne gradient survey of approximately 53,000 line kilometers. The survey encompasses the central Fort a la Corne kimberlite cluster and covers the surrounding mineral claims owned by the Company. All required payments, with respect to the contract, have been met and the operation is proceeding, unimpeded. The Goldak Tri-Maxial gradiometer system is able to sharply define and reject cultural anomalies. This type of survey also has the ability to detect non-magnetic kimberlites, and it is believed that some non-magnetic kimberlites may exist in the area. The survey operations, started in early April, and now at the end of May, are over 90% complete. The aerial survey is expected to be finished, flying within the next week and then final data processing will begin. When the data processing is complete, the data will be delivered to the Company geologist for interpretation and selection for follow-up ground surveys to determine drill targets.
There is no guarantee that further exploration or drilling will produce any economic benefit to the Company or the shareholders of the Company.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements, other than the statements of historical facts, may be deemed to contain forward-looking statements with respect to events, the occurrence of which involves risks and uncertainties, including, without limitation, demand and competition for the Company's products and services, the availability to the Company of adequate financing to support its anticipated activities, the ability of the Company to generate cash flow from operations and the ability of the Company to manage its operations.
SOURCE: CMKM Diamonds, Inc.
CMKM Diamonds, Inc.
Melvin O'Neil, +1-306-752-3755
+1-877-752-3755
fax: +1-306-752-3754
ipr@sasktel.net
THis is not the PR i was hoping for though. hold on....perhaps soon we shall see more news
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
quote:
Originally posted by TradingWizard:
"....for microdiamond analysis by total dissolution"
Why are they saying microdiamond analysis instead of diamond analysis. Is this means that they think that there is no full size diamonds, just smaller diamonds...
Well microdiamonds still can be used for something else - tooling, not so precious and glamerous!
Thanks great info.....here is a copy of basic definition for everyone else just in case link ever disappears:
DIAMONDS UNLIMITED OPPORTUNITIES
"Diamond may well be the world's most versatile engineering material as well as its most famous gemstone. The superiority of diamond in so many diverse industrial applications is attributable to a unique combination of properties that cannot be matched by any other material. For example, diamond is the strongest and hardest known material and has the highest thermal conductivity of any material at room temperature. Diamond that does not meet gem-quality standards for color, clarity, size, or shape is used principally as an abrasive, and is termed "industrial diamond." Even though it is more expensive than competing abrasive materials, diamond has proven to be more cost effective in numerous industrial processes because it cuts faster and lasts longer than any rival material. Synthetic industrial is superior to its natural diamond counterpart because it can be produced in unlimited quantities, and, in many cases, its properties can be tailored for specific applications. Consequently, manufactured diamond accounts for more than 90% of the industrial diamond used in the United States."
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
BID
9@.0001
ASK
13@.0002
4@.0003
quote:
Originally posted by cool1sh:
Anyone has L2s? Thanks
I want see .0003 today
quote:
Originally posted by rsnws:
L2BID
9@.0001
ASK
13@.0002
4@.0003
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
quote:
Originally posted by TradingWizard:
Can anyone still buy at 0.0001? I placed an order via TDWaterhouse for 2.5 milns.
quote:
Originally posted by Leardron:
I've had an etrade order out there for 4.9 million at .0001 for 4 days now and it hasn't filled.
My buy order for 5 million shares at 0.0001 just filled today. It took about 2 weeks for it to fill. I HOPE THIS COMPANY IS WORTH IT.
quote:
The core drilling at the Green Lake claims has been delayed and will not commence, at this time, because of the possible difficulties of drilling the target through the ice.
That's really interesting that they're having difficulty with the ice since its suppossed to be 74 degrees there today and according to Green Lake Resorts who runs a fishing lodge on the lake, they have been renting boats out for two weeks now.
quote:
Originally posted by Upside:
That's really interesting that they're having difficulty with the ice since its suppossed to be 74 degrees there today and according to Green Lake Resorts who runs a fishing lodge on the lake, they have been renting boats out for two weeks now.
How long has it been 74 degrees, and how cold is the ground 900 feet below the surface? Just asking...
quote:
Originally posted by cool1sh:
Thanks rsn..I want see .0003 today
I GOT YOUR BACK ON THAT ONE ..,... I WANT TO SEE THIS THING TAKE OFF. EACH DAY GOES BY, MORE GREEN LIGHT SHINES IN THOSE PIPES. GO CMKX GO CMKX GO GO GO GO..
_____________________________________
HOLDING CMKX 51 MILLION SOLDIERS STRONG
quote:
Originally posted by fjean:
I GOT YOUR BACK ON THAT ONE ..,... I WANT TO SEE THIS THING TAKE OFF. EACH DAY GOES BY, MORE GREEN LIGHT SHINES IN THOSE PIPES. GO CMKX GO CMKX GO GO GO GO.._____________________________________
HOLDING CMKX 51 MILLION SOLDIERS STRONG
quote:
Originally posted by pharmdman:
LMAO... i never thought I'd feel like the short one in the d|ck measuring contest with 2 million...
Ok I have 3.5 millions - but I don't qualify for this contest!!!!!!!!!!!
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
But I want to keep them now, have a sell order at .0002 for 4M and .0003 for 3M.
quote:
Originally posted by pharmdman:
LMAO... i never thought I'd feel like the short one in the d|ck measuring contest with 2 million...
quote:
How long has it been 74 degrees, and how cold is the ground 900 feet below the surface? Just asking...
Pharmdman,
Can't answer either of those questions but I called Green Lake Lodge located on Green Lake and inquired about a fishing trip. In our conversation they told me their season opened on May 8th this year after it was officially "ice off".
Like I said before this is a holding stock. We may have to hold this beast for months maybe, even a year although, I think it will move alot higher before a year and when it does the people that are holding will profit big time.
quote:
Originally posted by Golf57:
This PR contains obsolutely zero information to us.Like I said before this is a holding stock. We may have to hold this beast for months maybe, even a year although, I think it will move alot higher before a year and when it does the people that are holding will profit big time.
_______________________________________________
let's not forget this is a sub-penny stock.
Speculation and hope makes them move daily. A good pr makes fly to the moon. If good news come, we looking at a ride to space I would be there for that ride with 51 million siblings.
quote:
Originally posted by noahltl:
I didn't quite understand the PR. Are we now looking for micro-diamonds because we have already found the regular diamonds? Or are we looking for micro-diamonds because we didn't find the regular ones?
you always look for both, that's what makes a site profitable for mining. They may or may not have found "visible" diamonds, but they haven't released that info. I think they're waiting until they have all of the info before they release anything. If I needed to buy back billions of shares, I wouldn't be announcing a find of any kind -- just some food for thought...
quote:
Originally posted by niedejb:
Anyone able to sell at .0002?
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
[This message has been edited by TradingWizard (edited May 27, 2004).]
quote:
Originally posted by cool1sh:
There are some ppl waiting for months I think. I submitted one 2 weeks ago and another one yes'day. None filled.
I haven't been able to sell at all @.0002 and my bid was up for about 6 weeks.... i finally cancelled it... I don't expect that they will sell unless someone accidentally submits a market order, which occasionally happens...
quote:
Originally posted by TradingWizard:
I subscribe to the news release from SmallCapCenter.com First Alert News. It works great, their free news delivery is great. Today I got news immediately for CMKX, GFYF and LBTT. Try it out if you haven't seen it yet.
thanks, TW... i'll check it out!
He also said..I don't care abt diamonds and O/S, I only care about share holders. Doesn't he know that share holders care about diamonds and O/S count?
[This message has been edited by cool1sh (edited May 27, 2004).]
quote:
Originally posted by cool1sh:
...He also said..I don't care abt diamonds and O/S, I only care about share holders. Doesn't he know the share holders care about diamonds and O/S count?
LOL.. i was thinking the same thing... although, I think he was trying to convey that it's not about screwing the shareholders to profit the company... but it was an odd statement for him to make...
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
quote:
Originally posted by TradingWizard:
May be he just a regular guy who speaks his mind!
Or an uneducated moron.
quote:
Originally posted by flashovertx:
i am thinking about selling half of my intrest in QBID and putting it into CMKX, which is a more secure bet?
I wouldn't do that... QBID is actually going to launch... CMKX is still a lottery ticket, but one that I have 2 million shares in...lol...
quote:
Originally posted by cool1sh:
1.7+ Bil.. .0001 orders filling more now than this morning.. Anybody bought for .0001 today? I'm not testing anymore..
Placed an order for 2.5 millions for 0.0001 this morning. Hasn't filled yet.
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
quote:
Originally posted by TradingWizard:
Placed an order for 2.5 millions for 0.0001 this morning. Hasn't filled yet.
So the order did not go through, let see Friday or next week!
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
quote:
Originally posted by flashovertx:
i am thinking about selling half of my intrest in QBID and putting it into CMKX, which is a more secure bet?
ARE YOU OUT OF YOUR MIND..... I SOLD 6.5 MILLION QBID SHARES LAST WEEK AND I REGRET IT. I'M BUYING HALF OF THE SHARES BACK AT A LOSS OF PROFIT. UNLIKE CMKX, QBID USE TO BE A LOTERRY TICKET AND IT HAS PASSED THAT STAGE. CMKX IS SOMETHING YOU INVEST YOUR POCKET CHANGE IN. EXPECT SOME SHAREHOLDERS LIKE ME TO TAKE A MORE SERIOUS LOOK AT CMKX WHEN IT GET PASS THE 0.0003 MARK.
_______________________________________
CURRENTLY HOLDING 51 MILLION CMKX SHARES
AND 1.2 MILLION QBID SHARES STRONG
quote:
Originally posted by TradingWizard:
So the order did not go through, let see Friday or next week!
[This message has been edited by cool1sh (edited May 27, 2004).]
quote:
Originally posted by STAR GAZER:
pharmdman, I just looked and my GTC order to sell @ $1.00 is still in place. Thanks.
I have an order to sell at a dollar? Is it just one order?
quote:
Originally posted by STAR GAZER:
pharmdman, I just looked and my GTC order to sell @ $1.00 is still in place. Thanks.
glad I could help, SG!
the problem with drilling through ice is the problem.
I live in Minnesota and a true blooded 1.
We ice fish all the time.
Here's what happen when ice is formed and how it get difficult to drill.
you get your crust the top of the ice, then ice starts forming going down. Temp. cahnge effect the making of ice. the more steady cold wheather the better the ice then it warms up to around 32 the 33 degrees ice is hardly made you hit a soft spot. then you hit cold weather again good strong ice is created. so on so on.
The lakes here can get up to 24 inches thick.
We use a power aguar to drill our fishing holes. going through the good ice its a snap you hit the bad ice the augar starts to go all over the place then you hit good ice the catch it an starts drilling the shaft is still going all over the place.
If not careful on the speed and pressure you are useing you can bend or break the augar.
Believe for wehave bent it before and these arent cheap. around $250 just to drill a hole to catch so fish.
I would hate to bend 1 or break 1 on the equipment there going to be useing for the diamonds.
quote:
Originally posted by STAR GAZER:
In reply to how deep the ice can go. After you go down more than a few meters the temp of the ground doesn't change. If you go down a couple of thousand feet, the temperature starts a slow steady climb. As far as drilling through the ice, it's not the ice that is the difficulty, (fairly easy to drill
through ice) The problem arises when you get through the ice. If there is a layer of water
between the ice and the ground, and it there is water flow, especially if it is fast flowing water, then, I would think that you not only have problems arising from the running water, you have the possibility that debris in the water could ram your drill. Ouch & oof.
quote:
Originally posted by rockinit:
Melvin said on the CMKX board tonight that it was a big amount at 500 feet but they are more excited about the quality. They are just waiting to see how many still and do the admin work. Also he said when this thing hits, all he wants is a thank you.
Kensington counts Fort a la Corne diamonds
2004-05-27 14:14 ET - Street Wire
by Will Purcell
Kensington Resources has some new diamond counts from another of its old kimberlite pipes in the Fort a la Corne district of Saskatchewan. The latest numbers bring new hope for the mammoth No. 122 pipe, which was last mini-bulk tested in 2000. The results of that program lagged behind the diamond recoveries at the nearby No. 141 kimberlite, and the focus seemed to shift away from No. 122 as a result. With the latest microdiamond recoveries, there could be renewed interest in the kimberlite body, as there are signs of higher-grade sections within the huge and complex pipe.
De Beers Canada, Kensington's main joint venture partner on the play, processed nearly 413 kilograms of kimberlite taken from 11 holes drilled last year, and the rock produced 327 diamonds larger than a 0.075-millimetre sieve. That amounted to just under 800 stones per tonne, which was significantly greater than the diamond hauls of previous years.
Like its sister kimberlites, there appeared to be a portion of the pipe that had a better diamond content. The main pyroclastic kimberlite zone accounted for about 340 kilograms of the latest sample, and the rock produced 278 of the diamonds, or about 815 stones per tonne.
That was just marginally higher than what the remaining samples had produced, but the main zone seemed to have a more favourable diamond size distribution. About 12 per cent of the diamonds that had been recovered by the 0.106-millimetre screen had also been retained by a 0.30-millimetre mesh, and nearly 7 per cent of them had been large enough to cling to a 0.425-millimetre sieve.
Those proportions are no match for some of the kimberlites in Canada's North, where over one-quarter of the diamonds were retained by a 0.30-millimetre sieve and more than one-eighth of the diamonds that were larger than a 0.106-millimetre screen had also remained on a 0.425-millimetre mesh. Nevertheless, the latest recoveries from No. 122 indicate the most favourable diamond size distribution of the three pipes tested last year.
For instance, De Beers and Kensington recently recovered 1,159 diamonds from nearly 600 kilograms of kimberlite drilled from the No. 141/140 complex, and that worked out to nearly 2,000 stones per tonne, or quadruple the rate at the main pyroclastic zone of No. 122.
Nevertheless, the size distribution of the No. 141/140 samples was no match for the main zone at No. 122. Only 4.0 per cent of the diamonds larger than a 0.106-millimetre screen had remained on a 0.30-millimetre mesh, and the proportion of diamonds larger than a 0.425-millimetre sieve was barely over 1 per cent.
As a result, the diamond counts at No. 122 steadily gained on No. 141/140 through the larger sieve classes. For instance, both samples contained 22 diamonds larger than a 0.30-millimetre screen, and there were five diamonds in the smaller batch of kimberlite from No. 122, compared with just four in the No. 141/140 samples.
That offers hope that the grade of No. 122 could be of economic interest, although the Fort a la Corne partners seemed to lose interest in the pipe after a mini-bulk test in 2000. Three large reverse circulation holes were drilled in that program and 328 tonnes of kimberlite were extracted. The rock produced 17.31 carats of diamonds, which indicated a sample grade of about 0.053 carat per tonne.
That was significantly lower than the 0.084-carat-per-tonne grade that a 252-tonne test at No. 141 had produced, and the focus of De Beers shifted toward that body, along with another priority pipe, No. 150, when a larger mini-bulk test was completed the following year. The No. 141/140 complex remains a top priority for the partners, but the latest result also offers renewed hope for No. 122.
The three big holes that made up the 2000 program were drilled into the central part of the No. 122 complex, in what is now described as the south crater. Each hole produced something between 80 tonnes and 130 tonnes of kimberlite, and the diamond grades varied from just 0.033 carat per tonne, to a much more intriguing 0.097 carat per tonne.
The Fort a la Corne partners have been drilling holes into No. 122 since 1989, but most of them tested the southern crater of the huge body. Until the latest program, only one of the holes had been drilled into the northern crater and there are too many unknowns to allow for much of a comparison with the earlier results from the southern holes.
That is not the case with the latest samples. De Beers and Kensington processed about 118 kilograms of kimberlite from the main zone in the northern crater of No. 122, and the rock produced 115 diamonds, or nearly 1,000 stones per tonne. There were 223 kilograms extracted from the same phase in the southern crater and the material delivered 163 diamonds, or a bit less than 750 stones per tonne.
Meanwhile, there seemed to be little difference in the diamond size distribution within those two samples. Roughly 12 per cent of the diamonds larger than a 0.106-millimetre cut-off that had come from the main pyroclastic phase of both craters had also been large enough to be retained by a 0.30-millimetre sieve. As well, the proportion of diamonds larger than a 0.425-millimetre screen was also quite similar.
As a result of the greater numbers and similar size distributions, the latest diamond counts offer hope that the diamond content within the relatively untested north crater might be significantly higher than what was found in the south crater. As well, the seemingly better results from the main pyroclastic phase offers encouragement that the zone has a higher grade than the remainder of the mammoth complex.
Furthermore, there were signs that De Beers and Kensington may have been a bit unlucky with their one big crack at No. 122 in 2000. The sample produced just six diamonds that weighed in excess of one-half carat, while the marginally smaller sample from No. 141 that year had produced eight such stones, including two that weighed in excess of one carat.
That may have helped sway the partners toward No. 141, but there were still clear signs that No. 122 had a favourable diamond size distribution. There were 212 diamonds in the No. 122 parcel, and that worked out to an average stone size of about 0.082 carat, while the average diamond size at No. 141 was actually smaller, at 0.077 carat, based on the 275-stone parcel. The fact that the No. 122 sample was able to overcome the contribution of the larger diamonds at No. 141 suggests that the more modest number of large diamonds may well have been just a bout of statistical bad luck.
Going into the 2000 program, De Beers had come up with a modelled grade of about 0.16 carat per tonne for the No. 122 pipe, compared with a value that ranged between 0.05 carat per tonne and 0.19 carat per tonne for No. 141. As a result of the mini-bulk samples, the partners confirmed a value of 0.18 carat per tonne for No. 141, while the hopes for No. 122 were downgraded to a range between 0.075 carat per tonne and 0.12 carat per tonne.
De Beers and Kensington still have diamond counts from one last pipe to come, and the No. 150 body might also have a few pleasant surprises in store. After the 2000 tests, the partners swapped the pipe for No. 122, but the body delivered mini-bulk results that were less than what No. 141/140 had coughed up, and it seemed to be slipping on the priority list as well. Nevertheless, if the new numbers show signs of a coarser size distribution and a higher-grade zone, the body could get another good look.
The new diamond counts from the busy 2003 core drilling program may result in an updated forecast of the diamond grades within the four priority pipes, and the numbers will certainly allow De Beers and its partners to focus its exploration strategy for the coming year. With their main rival, Shore Gold, completing a 25,000-tonne test of the nearby Star kimberlite, the exploration plans for the Fort a la Corne partners will be eagerly awaited by speculators.
That exploration program could also include drilling for new pipes. The partners have completed a geophysical survey over their property, with an emphasis on hunting anomalies without a clear magnetic signature. A number of electromagnetic targets with little or no magnetic indication have resulted in some rich diamond finds in other parts of the country, and De Beers and Kensington have come up with a few targets that seem worthy of drilling.
Meanwhile, Kensington now has a new president in Robert McCallum, who has remained quite active since he retired as president of Philex Mining and Philex Gold in the late 1990s. Mr. McCallum subsequently went on to become a director of Miramar Mining, where he served until the company merged with Hope Bay Gold in 2002.
A mining engineer by trade, Mr. McCallum has had a varied career over the past several decades, and his new job with Kensington marks a return to diamonds. A Canadian resident since the late 1970s, Mr. McCallum was born in Kimberley, South Africa, so it was no big shock that De Beers and diamonds played a big role in the early days of his career.
In the 1970s, Mr. McCallum moved on to pursue gold and metals, first in South Africa and later in Yukon. He then tried his hand at potash in Saskatchewan before going back to gold in the latter half of the 1990s.
Mr. McCallum has been busy on the business and financial sides of things through much of his career, and that experience will come in handy with Kensington, as the company will need increasing amounts of cash to keep paying its way on the Fort a la Corne play.
Kensington dropped one cent on Wednesday, closing at 83 cents. http://new.stockwatch.com/swnet/newsit/newsit_newsit.aspx?bid=B-350099-C:KRT&symbol=KRT&news_region=C&name=Kensington+Resources+Ltd&title=Kensington%20counts%20Fort%20a%20la%20Corn e%20diamonds
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
[QUOTE]Originally posted by TradingWizard:
[B]If these guys have diamonds, so is CMKX - same location.
Kensington counts Fort a la Corne diamonds
2004-05-27 14:14 ET - Street Wire
by Will Purcell
Kensington Resources has some new diamond counts from another of its old kimberlite pipes in the Fort a la Corne district of Saskatchewan. The latest numbers bring new hope for the mammoth No. 122 pipe, which was last mini-bulk tested in 2000. The results of that program lagged behind the diamond recoveries at the nearby No. 141 kimberlite, and the focus seemed to shift away from No. 122 as a result. With the latest microdiamond recoveries, there could be renewed interest in the kimberlite body, as there are signs of higher-grade sections within the huge and complex pipe.
-------------------------------
I'M IN 51 MILLION DEEP. WHAT ABOUT YOU? ARE YOU IN?
i should buy more cmkx
but i'm not going too
happy with 4 1/2 million shares.
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
FOREST GATE FINDS 37 DIAMONDS IN DIZZY KIMBERLITE
April 01, 2004
Canada’s Forest Gate Resources has recovered 37 diamonds from a 485.52 kilogram sample taken from its 100 percent-owned Dizzy kimberlite in Fort a la Corne, Saskatchewan. Eight of the 37 diamonds have at least one side measuring more than 0.50 millimeters. The Dizzy kimberlite is situated 2 miles northeast of the De Beers-Kensington 140-141 kimberlite, and 3 miles north of Shore Gold's Star kimberlite.
Forest Gate is currently planning the next phase of exploration on its Dizzy kimberlite and on the rest of its 100 percent-owned, four-square-mile East Side diamond property.
From: http://www.tacyltd.com/Research_Materials_Full.asp?id=53484
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
Upside, cheer out this stock is a gamble, it can go up as much as it can go down, like nortel, worldcom etc. etc. LOL hahahahahha
I love taking risk, enough risks to live with the loss.
Good Night :-))))
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
quote:
Originally posted by Upside:
I'm not trying to beat my own drum here but you guys are discussing the difficulty of drilling through ice. Read my post from earlier today and then do some research of your own! There is no ice on the lake and there hasn't been for at least three weeks! The temeperature reached 72 degrees fahrenheit today! After seeing this I talked to Green Lake Lodge about fishing and they said they have been booking trips and renting boats since May 8th when all of the ice was gone. Another thing, CMKX says they are just now sending out the core samples from hole # 1? Isn't this what everyone assumed happened six weeks ago? And while I'm on my soapbox, please listen to the interview with Melvin. The man is a buffoon who is probably being paid with a boatload of CMKX stock that he will be able to cash in while we will not. How many of you who are in business have a corporate representative who in the company of their customers uses curse words such as ass and shi!? Real professional guy there! Come on guys and girls, something is not right here!
I have to get in on your comment Upside I personally live in northern alberta at a lattiude that is north of the drill site . The ice (frost line) in the gound here is 6.5 to 7.5 feet deep and we drill pilings all year round no problem. Secondly the ice has been off of the rivers and lakes for weeks now it was an earlier spring than normal for northern Canada and there are no currents in lakes. We planted our garden last weekend so the ice problem is not valid.
I hope we all make $$$ but there is a definite problem with this news realse
Over 70 kimberlites have been drilled, 70% of them have diamonds (though only a small % could conceivably be mined) and no company has successfully had a profitable mine operating there yet.
Hubert H. Humphrey
quote:
Freedom is hammered out on the anvil of discussion, dissent, and debate.
How true.
quote:
Originally posted by pharmdman:
How long has it been 74 degrees, and how cold is the ground 900 feet below the surface? Just asking...
Once you clear the frost line which in most areas is 48 inches,the ground temp is in the 50 degree area(not sure of exact degree though).Found that out when I was looking to buy a Geo thermal heating unit for my house.
quote:
Originally posted by STAR GAZER:
In reply to how deep the ice can go. After you go down more than a few meters the temp of the ground doesn't change. If you go down a couple of thousand feet, the temperature starts a slow steady climb. As far as drilling through the ice, it's not the ice that is the difficulty, (fairly easy to drill
through ice) The problem arises when you get through the ice. If there is a layer of water
between the ice and the ground, and it there is water flow, especially if it is fast flowing water, then, I would think that you not only have problems arising from the running water, you have the possibility that debris in the water could ram your drill. Ouch & oof.
I think you hit the nail on the head, SG... this is a quote out of the PR...
"The Green Lake claims were targeted for core drilling prior to the kimberlite find, at the "Carolyn Pipe", but further examination of the drill location indicated swift currents below the surface of the ice which may have caused considerable damage to the drill equipment"
Admittedly, I don't know much about it, but it sounds legit to me..
quote:
Originally posted by Upside:
Ok, I'll chill out. But just for your info, the answers are:Over 70 kimberlites have been drilled, 70% of them have diamonds (though only a small % could conceivably be mined) and no company has successfully had a profitable mine operating there yet.
I am back.
Upside fair enough. I stand by both sides, it is 50/50 chance that diamonds exists.
But I don't think CMKX is scam, if he is then it will be very easy to catch him (picture on the web, funny car, the whole family involved, radio, web site etc. etc). He Melvin would have great difficulty to hide.
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
quote:
Originally posted by vado:
Or an uneducated moron.
VADO
we are not paying the ransom again. thought you were told to stay away from this thread lol
quote:
Originally posted by VNGNTN1:
FOR THOSE OF YOU WHO WILL TAKE PROFITS ON AN UPWARD MOVE ?
There was talk several months ago about maintaining a limit order to sell so MM could not use the shares. I saw a referenece on previous page about this (mentioned a $1.00 whisch was the consensus then)
I recommend several limit orders @ different values so you will catch some and leave some for a future time.
VAN
exactly.. i have them for .001, .01, .1, .5, and 1.00...
good advice though...
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
------------------
FurrySound
-DD-GLTA-Unless I've quoted a source, I know not what I speak of.
quote:
Originally posted by stockcrazy:
People with no trading fees should start buying small amounts at $0.0003 to get this thing going.
quote:
Upside-I think the PR about the ice was written for release at the time they found that the Carolyn Kimberlite pipe was a better candidate for drilling and decided not to drill the green lake but the PR was not released until May 27. As far as what do all the neighboring diamond finds have to do with CMKX- 70% have diamonds (from your own posting). For us to not have diamonds would be like diving into the ocean naked and staying dry. As far as no mining companies in these kimberlite fields turning a profit yet mining these new finds-that would be unusual? Why or how could they show a profit before bringing up the diamonds and selling them? CMKX estimated their cost for mining their finds at about $10.50 a ton. They think it will be very profitable. I think so too-I have 8 Million shares and will buy more when news of the amount and quality of diamonds and the O/S count is revealed. IMO-DD-GLTA-Debi
Debi,
Couple of questions. Doesn't it bother you that if this really is an old p/r, nobody bothered to update it before they released it? Doesn't that say something about this company? Doesn't it bother you that the samples are just now being sent to the lab when they have been claiming for the last six weeks that they were already there? Does this mean another six weeks worth of wait is ahead of us? And yes while 70% of the pipes have diamonds virtually none of them can be economically mined. As to the profit question, diamonds were discovered there in the 1980's. Assuming the worst and it takes 6 years to set up a fully operational mine, that is at least a decade worth of mining to turn a profit yet no one has yet. Do you really think that CMKX will be the first?
1134801393 Sell 3000000 CMKX Limit at 0.0002, GTC Filled 3000000 at 0.0002 Auto Routing 2004-05-28 11:27:27
I AM ABLE TO SELL AT .0002, SOLD 3M of MY 16M at .0002.
NOW I AM EXCITED.. IF YOU DON'T HAVE CMKX.. SORRY GUYS!!
THANK YOU MELVIN!!
Bid
13@.0001
ASK
12@.0002
4@.0003
1@1.15
quote:
Originally posted by WWJD-thru-me:
There is a great post on the ihub board. It is on the CMKX hot board and is #10546-this post has a link to another Ihub post with a long address. Worth reading -makes me want to buy more. I am convinced this will go- the question is when. -IMO-DD-GLTA-Debi
quote:
Originally posted by rsnws:
Check out this L2:Bid
13@.0001
ASK
12@.0002
4@.0003
1@1.15
nobody is going to buy at .0003 why would someone ask for it at that price. Maybe thinking some dumbass will accidentally buy it at that.
Az.. there might be MANY people who are not willing to sell for .0003 even if there are buyers.. it just looks like nobody will buy for .0003 right now, but when it moves there will be people who will buy for .0005 also..Bottom line is we never know what happens, it may go to .0005 or may go back to .0001 like before..
quote:
Originally posted by Az...Cats:
nobody is going to buy at .0003 why would someone ask for it at that price. Maybe thinking some dumbass will accidentally buy it at that.
[This message has been edited by cool1sh (edited May 28, 2004).]
quote:
Originally posted by Az...Cats:
where do you find this info on L2's and how do you read it. New to this and learning thanx
quote:
Originally posted by roger7485:
It looks like this thing may actually go...you guys need it to hit .0003/.0004 which is where I will be buying. That will confirm the panic buying frenzy.
PAUL
------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.
Source: http://www.allstocks.com/level2quotesotcbb.html
------------------
FurrySound
-DD-GLTA-Unless I've quoted a source, I know not what I speak of.
Back up to .0002.
[This message has been edited by sneaker68 (edited May 28, 2004).]
Upside you should read it! :-)))
Did any body invested in http://www.kensington-resources.com/s/StockInformation.asp?
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
It seems that CMKX has had this "buy border rights" meaning buy the rights to land that is next door to where other companies are digging.
hummmm.
This may be OVER simplified but..
OK here goes. I buy LAND in a subdivision that is being developed. Many builders in that subdivision. I do not have the ability to BUILD on this property I own. (money, knowledge etc.)
X is land other builders a building on.
O is land I own but cant build on myself.
xxxOxxOxxOxx
-----------O
xOxxOxxxxxOx
The above is my fictional subdivision.
So what would be the problem with going next door and asking the following questions.
Hey Mr. Builder, you are building a hous here, I own a lot next door but, I do not have the resources to build a house right now. You know what you are doing. Can we work something out? Can you take your crew next door and Grade for me? Poor the slab? Frame the house? Then when the house is ready we can split the profit at some % we agree on.
My point is. I am wondering if perhaps this land, that CMKX has the rights to, could be mined much faster than years.
Just a thought.
Think about how many people have registerd names on the internet just to turn around and sell them.
People in local politics that bought land thaqt they knew would be worth much more once the mall is approved.
etc.
Again just a thought.
PAul
------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.
Paul
------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.
someone on the casavantmining message board is going to post a mp3 of it.
its 1:26 central time now
I would think by 2:30 central time it should be up and running
http://yazz.com/cmkx
quote:
Originally posted by gunner08:
sterling is on icb radiosomeone on the casavantmining message board is going to post a mp3 of it.
its 1:26 central time now
I would think by 2:30 central time it should be up and running
http://yazz.com/cmkx
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
PAUL
quote:
Originally posted by TradingWizard:
So what did he say? I don't seem to have the access yet!
------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.
sorry about the other post
take care and enjoy
http://yazzi.comcmkx/sterling.htm
sorry about the other post
take care and enjoy
[This message has been edited by gunner08 (edited May 28, 2004).]
CMKX will be noted in history one day!
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
quote:
Originally posted by cool1sh:
HURRAY!!!!!!1134801393 Sell 3000000 CMKX Limit at 0.0002, GTC Filled 3000000 at 0.0002 Auto Routing 2004-05-28 11:27:27
I AM ABLE TO SELL AT .0002, SOLD 3M of MY 16M at .0002.
NOW I AM EXCITED.. IF YOU DON'T HAVE CMKX.. SORRY GUYS!!
THANK YOU MELVIN!!
quote:
Originally posted by cool1sh:
HURRAY!!!!!!1134801393 Sell 3000000 CMKX Limit at 0.0002, GTC Filled 3000000 at 0.0002 Auto Routing 2004-05-28 11:27:27
I AM ABLE TO SELL AT .0002, SOLD 3M of MY 16M at .0002.
NOW I AM EXCITED.. IF YOU DON'T HAVE CMKX.. SORRY GUYS!!
THANK YOU MELVIN!!
Hey Cool1sh, how long did you have that sell order in.
But he did say that for sure cmkx has 3 million acres of mining rights not 1.4 million
its about 7 mins long
If there are ONLY 500,000,000,000 shares issued.
Then everything elses out there would have to be the result of a naked short.
If this is the case then a small investment of 50,000,000.00 at the .0001 pps would buy 100% of this company.
What if UC/cmkx actually holds enough shares to to be able to claim to own 100% of the company.
Then he offers a cash dividend.
What does that do to the MM's that have shorted this?
Say he offers .01 dividend per share. Considering he/cmkx holds 100% then it would be like taking money from one hand and placeing it in the other.
Would the MM's then have to cover the dividend to all those people that are holding those "air shares" they issued?
It would cost almost nothing to force the MM's to start covering the shorts / driving up the price.
Is this correct? Help me here.
PAUL
------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.
I dont think they would screw everyone like that
because they have to sell the diamonds after they mined
if they screwed the shareholders bad
nobody would pay for his brand of diamonds
quote:
Originally posted by PAUL:
OK I need some help here.If there are ONLY 500,000,000,000 shares issued.
Then everything elses out there would have to be the result of a naked short.
If this is the case then a small investment of 50,000,000.00 at the .0001 pps would buy 100% of this company.
What if UC/cmkx actually holds enough shares to to be able to claim to own 100% of the company.
Then he offers a cash dividend.
What does that do to the MM's that have shorted this?
Say he offers .01 dividend per share. Considering he/cmkx holds 100% then it would be like taking money from one hand and placeing it in the other.
Would the MM's then have to cover the dividend to all those people that are holding those "air shares" they issued?
It would cost almost nothing to force the MM's to start covering the shorts / driving up the price.
Is this correct? Help me here.
PAUL
Surly he would not have to pay dividends on NAKED SHORTED SHARES but, someone WOULD! Or they would have to cover the short position prior to the dividend.
Am I missing something?
PAUL
quote:
Originally posted by gunner08:
in a buyout I THINK you have the right to get an appraised value if you think its unfareI dont think they would screw everyone like that
because they have to sell the diamonds after they mined
if they screwed the shareholders bad
nobody would pay for his brand of diamonds
------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.
It Is Offical, Melvin O'Neal ( Public Relations Person) Announced on
IBC Radio to the World that CMKX has found the Worlds Largest Diamond
Find.
Along with steady Buying all day Thursday at .0002, CMKX will rise
above
a Dollar. Along With a plan of action to force MM's to cover a
Trillion share
short and with CMKX working on taking this company private look for
many Shareholders to enjoy a Very Nice Return.
Link to IBC Broadcast http://yazzi.com/cmkx/
quote:
Originally posted by RevDew1:
Don't know if any one
posted this or even if its true yet.
Just got off the road.It Is Offical, Melvin O'Neal ( Public Relations Person) Announced on
IBC Radio to the World that CMKX has found the Worlds Largest Diamond
Find.
Along with steady Buying all day Thursday at .0002, CMKX will rise
above
a Dollar. Along With a plan of action to force MM's to cover a
Trillion share
short and with CMKX working on taking this company private look for
many Shareholders to enjoy a Very Nice Return.Link to IBC Broadcast http://yazzi.com/cmkx/
If it sounds to good to be true it probably is (to good to be true).
------------------
~,-,-< GatorMan
Ameritrade!!
quote:
Originally posted by timberman:
Hey Cool1sh, how long did you have that sell order in.
quote:
Don't know if any one
posted this or even if its true yet.
Just got off the road.
It Is Offical, Melvin O'Neal ( Public Relations Person) Announced on
IBC Radio to the World that CMKX has found the Worlds Largest Diamond
Find.
Along with steady Buying all day Thursday at .0002, CMKX will rise
above
a Dollar. Along With a plan of action to force MM's to cover a
Trillion share
short and with CMKX working on taking this company private look for
many Shareholders to enjoy a Very Nice Return.Link to IBC Broadcast [URL=http://yazzi.com/cmkx/[quote]]http://yazzi.com/cmkx/
Melvin did not announce that CMKX had the worlds largest diamond find. He said that the FALC area as a whole is the largest diamond find in the world. He also said nothing about CMKX rising to a dollar. He did say that Mr. Casavant had a plan for dealing with the shorters but that he would not reveal it until the time was right, whatever that means.
[This message has been edited by Upside (edited May 28, 2004).]
quote:
Originally posted by Upside:
Originally posted by RevDew1:
[QUOTE]Don't know if any one
posted this or even if its true yet.
Just got off the road.
It Is Offical, Melvin O'Neal ( Public Relations Person) Announced on
IBC Radio to the World that CMKX has found the Worlds Largest Diamond
Find.
Along with steady Buying all day Thursday at .0002, CMKX will rise
above
a Dollar. Along With a plan of action to force MM's to cover a
Trillion share
short and with CMKX working on taking this company private look for
many Shareholders to enjoy a Very Nice Return.Link to IBC Broadcast [URL=http://yazzi.com/cmkx/[quote]]http://yazzi.com/cmkx/
Melvin did not announce that CMKX had the worlds largest diamond find. He said that the FALC area as a whole is the largest diamond find in the world. He also said nothing about CMKX rising to a dollar. He did say that Mr. Casavant had a plan for dealing with the shorters but that he would not reveal it until the time was right, whatever that means.
[This message has been edited by Upside (edited May 28, 2004).][/QUOTE]
***************
thanks for clearing that up, I did think he said they had found the worlds largest diamond find. I am disapointed, but still hopefull... thanks again!
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
[This message has been edited by TradingWizard (edited May 28, 2004).]
GO CMKX
GOOD LUCK ALL
quote:
Originally posted by RevDew1:
GatorMan:
Thats the way I like to
look at it. Earlier
I had a few dollars
left and decided to gamble
on this one. I only
picked up 825,000 shares
and figured what the heck
I know its like a lottery ticket.
I am thinking about buying
enough where I'd have
1450000. (I know nothing compared to
you pros that play all of the time)
and just let it ride for kicks.
Just in case they do surprise
me!! I'm sure it wouldn't be the only
dumb thing I ever did in my life, and surely won't be the last!
Have a great weekend!!
CMKX Rumor Discovery of World's Larget Diamond Field
Club Members, this discovery is only a rumor at this time but many shareholders are writing/saying the same thing. Many of these long-term shareholders have been with this company long enough their sources of info seem good to me. I think there is enough truth to the rumors that I have invested serious money by purchasing a large amount of CMKX shares (amount in disclaimer).
Rumor has it CMKX has discovered one of the largest diamond fields in the world in the Canadian province of Saskatchewan. Understand CMKX is not alone in this area but rumor has it CMKX holds more acres of mineral rights in the area then all other companies that are exploration process.
CMKX is not hiding the fact they have discovered diamonds. Melvin
O'Neil was on IBCRadio twice this week telling listeners CMKX has the goods. Both interviews were worth listening to. In addition an Sterling from a RB forum was on IBCRadio today trying to explain his theories.
Club members that missed the QBID run better look at this stock
closely. I have done my DD to the maximum and can't see where a lot of risk is involved in this stock play. If you are crazy like Willy you will jump on this chance to possibly be rewarded with a high percentage return on you risk capital part of your portfolio. Understand this is a non-reporting pink sheet company.
Also I am expecting a news release stream to start flowing soon. I expect huge buying as news is released. This stock already trades in the billions of shares daily. I have never witnessed such massive volume days for an extended period of time like I have on CMKX.
The Authorized share structure is 500,000,000,000 but the
unconfirmed rumor is:
Because of naked short selling after the authorized was increased to 500 billion it is rumored the Market Makers have shorted of 1.2 Trillion shares into the market as tradable free trading shares. This is understandable because most companies that would make such a move increasing authorized to 500 billion would do so because they are on the edge of going bankrupt. The bid has been .0000 by .0001/.0002 for months while the market makers shorted all buying figuring this company would go BK.
More Rumor
Rumor has it CMKX gained claim rights on a huge diamond claim once owned by Debeers (Debeers is a huge private diamond company
worldwide). How CMKX gained these claim right was out maneuvering
Debeers at re-registration. The claim CMKX gained is suppose to be the biggest find in the area up to this point in time. In addition CMKX , in news releases claims 1,300 acres of claimed rights butrumor has it that they own over 3,000 acres of claimed rights. Understand they don't own the land just the mineral rights to the land. Rumor has it they are cutting big deals with local landowners to obtain access (win win for all).
Rumor has it CMKX applied for a permit on the newly acquired claim to start open pit mining. The permit is suppose to be back signed granting the beginning of mining any day, some claim the permit was granted and already in CMKX's hands this week. If this is true and CMKX starts mining next week this would be fabulous news. This means to company could actually be mining raw diamonds within weeks and marketing them within a month or two at most. If this mine is one of the biggest diamond finds in the world and if the rest of the claims CMKX holds has similar finds this company could quickly be worth trillions of dollars, my o my lets trim that figure back a little to 1/2 a trillion of $500,000,000 billion dollars.
Club members do you understand what expected revenue/claims and
intrinsic value might do to the share price? Can you imaging if the MMs are short and the tradable shares are over 1.2 trillion shares? Tradable? yes they the shares should be tradable but rumor has it Urban (ceo) and others have been the ones doing the major buying for the last few months acquiring as many shares as they can. Rumor has it Urban and friends own 85% of the apx. 1.2 trillion shares. With the Authorized at 500 billion this means Urban and friends hold many more shares then are authorized.
Club members do you understand if the above rumors are correct what night happen to the stock price?
If CMKX starts announcing to the world everything Melvin O'Neil said
on IBCRadio.
If CMKX does own mineral rights to 3,000 acres, not 1,300 acres
If Authorized is 500 billion shares
If CMKX actually has 1.2 trillion shares floating around the markets
If Urban and Friends hold 85% of 1.2 trillion shares
If CMKX did acquire a huge Debeers Claim (largest in the area at thistime)
If CMKX did get mining permits in hand
If CMKX does start mining within a few weeks
If CMKX does get diamonds to market with in 30 to 60 days
Club members are you starting to see the picture? Buyers will come from everywhere buying up CMKX shares and volume will surge. Alongwith the volume surge the price has nowhere to go but higher and relatively fast. If this happens and the MMs start looking for shares and shareholder are holing tight for huge gains the MMs will have no choice but to allow the bids/offers to go higher. If CMKX puts out any type of valuation on their property mineral claims and what they have found in the recent drilling at the Carolyn project where they just finished drilling. Then we add in the acquired property Debeers lost to them and put a value on it and this open pit mine/contents this stock could go ballistic.
I used the word ballistic because t he above would cause one of the biggest short squeezes in the history of the stock markets as MM start looking for retail sellers as Urban and Friends hold tight with more shares that are even authorized by the company. The price could climb so fast the charts could have a straight line drawn to who knows how high. If all the above intrinsic value is placed on the per share price the stock could easily be worth .50 to .75 cents. I agree this futuristic valuation but it's futuristic using no multiplier, which is normally used when you look at future values. Many companies that are reporting on big board exchanges use multipliers in the range of 10 to up to 40 depending on how hot of commodity these company's poses. I am not even going to go into 10,15,20 and up times .50 to .75 for CMKX at this time. Maybe CMKX will have a day the investment community will evaluate it in that manner but for now the .50-.75 range is stepping on my part.
Club members, guys and gals stay alert on CMKX and lets all do a
repeat of what just happened to many of you because you held QBID
shares f or years. It's time everyone has an even bigger success
story with CMKX. I have put my money, once again, where my mouth is on CMKX going ballistic when the news starts following…btw CMKX did have news Thursday…first news in about a month. .
To end, this is absolutely not a paid profile nor will it ever be. I have no interest in soliciting this company for payment in any way unless they want to give Willy a Casavant Diamond for my wife, after 28 years with Willy she has wore he ring out on my hard headyness lol. Later everyone and enjoy the below profile and make sure you visit http://***********.com and see the colored version of my profile and pictures associated with drilling etc.
Thank you,
I hope they are saving the best for last !!!
Is the dog holding this one ?
quote:
Originally posted by mizzou7:
All of this hype and nothing...I hope they are saving the best for last !!!
Is the dog holding this one ?
Because of his well known reputation for picking good stocks, I asked dardadog about CMKX on the other thread, and this is his reply. He did not mention if he sold all, and if he still owns some, just in case it does take off.
TradingWizard
Member posted May 28, 2004 12:16
--------------------------------------------------------------------------------
Hey dardadog what is your opinion on CMKX?
Only if you want to answer. Thanks.
IP: Logged
dardadog
Member posted May 28, 2004 12:30
--------------------------------------------------------------------------------
I CHASED URBAN AROUND VEGAS ALL LAST FALL WHEN I FIRST STARTED TRADING (STARTED IN AUGUST). I THINK THE CERTS SHOULD COME WITH A CONDOM ATTACHED IN THE INTEREST OF SAFE SEX. ALL THREE OFFICE ADDRESSES HE GAVE LAST FALL IN THE VEGAS/HENDERSON AREA WERE BOGUS. I LIVE TWO HOUR SOUTH. BEST BET IS THAT DEBEERS BUYS THE LAND. BUT YOU ALL BETTER CATCH URBIE BEFORE HE CASHES THE CHECK. STORY IN VEGAS GOES HE HAS A FONDNESS FOR A "HARD EIGHT"......GOT HIS ARM BROKE ONCE UPON A TIME.
------------------
Due Da Due......But Be Quick About It!!!!!
DaDog
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
We can forget about if they have diamonds or not. It could be a NON ISSUE.
It could also be the greatest way in history for companies to deal with MM naked shorting.
If you think of CMKX as a shell, the short squeeze could still be amazing.
How cool would it be for the actual digging to be financed by market makers?
Melvin in his second IBC interview said soething baout him caring about the shareholder. If I remember correctly, he said I don't care if you have 1 share or 100 billion shares. I wonder if he knows someone who holds that many?
I hope it is a great ride.
PAUL
------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.
Melvin second interview.
There is a huge difference between..
"I don't know of anything that proves this stock is shorted"
and what Melvin said...
"I don't have anything on my desk that says it is, I've got nothing that says it isn't."
Nothing on my desk...
Sounds like someone took something off their desk, put it in a drawer, so the claim could be made.
Just my thughts.
------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.
Holding 4 million shares, I'm thinking of adding between 6 and 21 million shares if I can buy at .0001
quote:
Originally posted by mizzou7:
When was the last time someone was able to buy at .0001 ?Holding 4 million shares, I'm thinking of adding between 6 and 21 million shares if I can buy at .0001
I bought 5 million at .0001 <---(EDIT) early last week through Freetrade. It only took 15 minutes to execute. I was just testing out my new broker and was shocked it actually went through.
Thanks, Trader O, I fixed it.
[This message has been edited by Booty Quest (edited May 30, 2004).]
quote:
Originally posted by Booty Quest:
I bought 5 million at .01 early last week through Freetrade. It only took 15 minutes to execute. I was just testing out my new broker and was shocked it actually went through.
Well on tuesday IF a pr comes out we will see how much he really has the scoop on cmkx
By; coreton67154/Mike http://www.ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=9354
Urban has Confirmed, to me, that the Numbered Claims in Saskatchewan are ours. I asked him specifically about this claim. he said yes that was ours.. He also said that all the Numbered claims In Saskatchewan are ours (CMKX)
Here is the link to the gold claim I asked specifically about.
http://www.explorationgis.com/LR_goldbelt.html
I told Urban that I was planning a trip, on June 21st, to see the Carolyn pipe and the equipment there, that this would be part of my family vacation. He told me I should make other plans for my vacation, that information would be out BEFORE then, a trip up there would not be necessary.
I miss stated the post of Sterlings I was referring to in my post and some emails. I was referring to the Intrinsic value post not the Perfect Storm post. Sorry for any trouble this may have caused.
I have it, on good authority, that there are At least 5 Viable sites on CMKX claims. I wanted to ask sterling about this first. because of the 51.7 groupings he talked about in his post. 5 viable sites could span as many as 50 of these groupings that Sterling talks about. Kimberlite deposits can run for several miles.
As is the custom.. Everything in this post is HEARSAY (not Speculation) until confirmed officially by CMKM Diamonds.
Mike
____________________________________________
CMKX will be the stock play of a life time. I only have 21.1 Million shares but I am looking to retire after CMKX go up. Take a look at the Official confirmation of diamonds!!
http://cmkmdiamonds.proboards27.com/index.cgi?board=news&action=display&num=1085277666
May God Bless All.
quote:
Originally posted by gunner08:Well on tuesday IF a pr comes out we will see how much he really has the scoop on cmkx[/B]
The 3rd will be on Thursday.Are we sitting on a gold mine here?
[This message has been edited by RevDew1 (edited May 30, 2004).]
quote:
CMKX will be the stock play of a life time. I only have 21.1 Million shares but I am looking to retire after CMKX go up. Take a look at the Official confirmation of diamonds!! http://cmkmdiamonds.proboards27.com/index.cgi?board=news&action=display&num=10852 77666
Bam Bam,
Your bogus pump has been disproven once before but I'll post it again just so not too many new investors are sucked in by your untruthful claims. Click first on Bam Bams link and note the file # at the bottom of the map. Then click on this link which will take you to the governments official record for this file: http://www.ir.gov.sk.ca/dbsearch/MinAssessQuery/Default.asp?ID=73H10%2DSW%2D0003
As you can see, this is not CMKX's property. It is a joint venture by three other unrelated companies and they have owned it since 1996. Keep pumping Bam Bam and hopefully this thing will take off as I'm sure you have lured a number of newbies into investing into this questionable stock.
[This message has been edited by Upside (edited May 30, 2004).]
24 pages almost 25... LMAO!!! Pumpers bashers and those trying to tell people the truth about the stock... I cant even read a post on this stock hardly but lordy mercy 24 pages....lol
Brandon
Take care,
quote:
Upside:
I agree with you on the
insanity part of this
one, but it already shocked
the heck out of me by hitting
.0002!!!!
You really think all this info
is hype?
I'm listening to te interview
again. If this is a scam
it has to be the best one that I have
seen so far. May be I'll go with only 1 Million. I'm one that use to laugh at this stock, now I'm not so sure its all hype.
Take care,
Rev,
I respect your opinion but yes, I am still convinced it's all hype and a scam. I've seen this one do these bounces too many times in the past to think that this one's any different. However, like I said in my previous post, I've cancelled my .0002 sell order (it wasn't filling anyway) and I'll sit back and see what happens. Believe me, if this takes off I'll be the first one here volunteering my backside to be used as the allstocks whipping post while I eat a helping of crow as I'm probably the most vocal of all in my negative thoughts about it.
Here is the link to the gold claim I asked specifically about. Now let's take a look at this gold claim. Click on the link and make note of the only numbered claim on the map. Now click on this link: [URL=http://www.gov.sk.ca/newsrel/releases/2003/02/14-078-attachment.pdf]http://www.gov.sk.ca/newsrel/releases/2003/02/14-078-attachment.pdf
Scroll down to the last entry and you will find that numbered claim registered to Saskatchewan Ltd., Saskatoon, not CMKX. Any other "proof" you would care to share with us?
[This message has been edited by Upside (edited May 31, 2004).]
Scroll to the last entry and you'll see the claim registered to Saskatchewan Ltd., Saskatoon, not CMKX.
stock prowler .com all words together
quote:
Originally posted by ali:
CMKX ************ Watch list.....might be interesting
Go CMKX http://www.************.com/
I think I will sell all of my BLYC and buy CMKX at market open...
---------------------------------------------
Upside-What you wrote about the total number of shares people have supports the idea that this is heavily naked shorted. Any hint of good news along with a low Outstanding share count announcement and the price will fly. You will have to move the decimal point one or two places if this is short double the Authorized plus they have diamonds. Not .0003 or .0004 but possibly .003, .004 or .03 .04. Is three decimal points out of the question? I don't think so. .11 will make me a millionaire. Is it possible? Definitely. Probabable? If this is heavily shorted yes.
[This message has been edited by TruthTeller (edited May 31, 2004).]
------------------
Due Da Due......But Be Quick About It!!!!!
DaDog
------------------
Due Da Due......But Be Quick About It!!!!!
DaDog
"We have all see beautiful short squeezes before. This could be another"
quote:
Originally posted by WWJD-thru-me:
TruthTeller-I don't know what the Outstanding share count for this is. 500 Billion would be a very high share count. I would think low for this stock would be
40-50 Billion. But that isn't really a low share count. If they have diamonds and mineral rights that exceed a value of 50 Billion that would be a value of $1.00 a share on the 50 Billion number. .10 a share at 500 Billion. That doesn't include cost of mining the diamonds and splitting percentages with mining company partners.
. Oh well.. GLTA
HOWEVER,
Is a buyback required if they already own all the shares? Or twice all the shares?(think naked shorting)
Another.. Is there any requirement on what the price has to be for the buyback offer.
Could the offer be 10.00 a share?
Could the offer be .000000000001 a share?
Are holders required to take the offer?
If not, what happens after the buyback to those that do not sell?
I hope UC hold twice the number of legit shares out there. Has some big backers and offers a huge dividend.
Talk about changing the way MM's do business. Let the cover a 1.00 dividend on billions of naked shares and we could see some changes in their business. Makes me want to start a public pink sheet, let the MM's run it into the ground. Then start buying tit back in truck loads.
What am I missing in this....
This really could be a way to CHANGE things.
By making the abusers of the system, pay. This would be FAR more effective than some "toothless rule".
PAUL
------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.
*CMKX & Urban Casavant*The Perfect Storm*
I chose this title because I think this is the name that fits the upcoming success story with CMKX. I think I heard either Peter or Frank mention it too and I liked it. Urban Casavant has the same goal as I which is to create a million millionaires for those who have read my initial posts on my board. What a coincidence.
Please consider these thoughts that you are about to read as “theory” until proven as “facts” from Urban and CMKX.
Urban believes that the naked short position on CMKX could very well be 1 trillion shares. To force the shorts to cover, an accountability process must take place. The changing of the CUSIP# was done earlier for them to first gather internal accountability of all CMKX shares. Also to kind of serve as a warning for the market makers, MMs, to consider covering any naked shorted positions.
Now comes the time to force the MMs to gather accountability for covering. Urban can do this by re-issuing CIM shares as a dividend to all current shareholders of CMKX shares to be effective by an execution date sometime in the near future. Maybe some date like 15 Jun or 30 June 04.
But first and at the same time, announce that CMKX has made a $1.00 per share tender offer to buy all shares of CMKX shareholder’s shares to take the company private. They will be willing to do this because insiders own at least 85.7% of the OS so it would really be like buying out yourself or paying yourself. Going private along with re-issuing the CIM dividend will no doubt force the MMs to cover all naked shorted positions.
You can do a lot when you own billions of dollars in gold, platinum, uranium, kimberlite, and diamonds to say the least. Buying us out to go private at $1.00 per share still might be too low, but I’m sure many would appreciate such yet still.
Now after the announcement of taking CMKX private, CMKX will make the announcement that those who buy CMKX up to the new execution date will receive a 1,000 to 1 dividend of CIM shares to further compensate the value that the company has determined to award fair value to its shareholders.
That’s right, CMKX will take back those already old CIM shares to give them in return the newly re-issued CIM shares with value unlike before. Others who never had any CIM shares would receive CIM shares under the same newly 1,000 to 1 ratio and investors will have up until the new execution date to buy to receive the newly re-issued CIM shares dividend.
They will also announce that CIM will apply for a new CUSIP# and ticker to submit application to trading on the NASDAQ National Market since they must trade with four symbols on the NASDAQ markets. They will announce that Qualifications are expected to be met by some future date maybe like 31 Jul or Aug 04 to submit application to the NASDAQ National Market. This means that CIM would trade at no lower than $5.00 per share.
The Look of the CIM Dividend
We will guess and say that CMKX OS is 40 billion shares and the OS for CIM is to be 40 million shares.
CMKX OS ÷ CIM OS = Dividend Ratio
40,000,000,000 ÷ 40,000,000 = Dividend Ratio
1,000 = Dividend Ratio
With 1,000 to 1 Dividend of CIM shares this means you pay the following to get the end result listed below:
1,000 Shares of CMKX = .10 cents
1 Share of CIM = $5.00
So…
1,000 Shares of CMKX = 1 Share of CIM
Or to better review...
.10 cents = $5.00
This is saying that for every .10 cents you spend, you will receive $5.00 back in return.
In Summary…
** If you bought 10,000,000 shares of CMKX at .0001 cent, it would cost you $1,000 total.
In return you would receive in CIM shares:
CMKX shares ÷ Dividend Ratio = Total shares of CIM
10,000,000 ÷ 1,000 = 10,000
This means that your total value in your brokerage account would be as below:
10,000,000 x .0001 = $1,000 for CMKX
10,000 x $5.00 = $50,000 for CIM
Again, not a merger, a dividend to where the shareholders get to keep their 10,000,000 shares of CMKX and receive their new 10,000 shares of CIM at the dividend rate of 1 CIM share for every 1,000 CMKX shares you have or buy before the execution date in the very near future. The total amount from the brokerage account would be $51,000 from your initial investment of $1,000 of CMKX shares, right?
Not so. Don’t forget that your 10,000,000 million shares of CMKX will be given the tender offer of $1.00 per share so that would make that equate to:
$10,000,000 + $50,000 = $10,050,000 in total value
This is very powerful. CIM is used as the company for the dividend because CIM has claims to a huge zinc find that is valued at a tremendous amount. Urban wants to reward previous shareholders and current shareholders who had not the opportunity to become shareholders of CMKX by its first CIM date of execution. Because of such, he is re-issuing shares of CIM and using as the selected company to move to the NASDAQ.
Now get this, we are still not done with accessing value. Analyze what is transpiring to place actual value in CMKX to further entice investors to take a position in CMKX if what was discussed above was not enough.
To Determine a Minimum CMKX Valuation for the Tender Offer
It has been now determined that we actually picked up two thirds of the piece of land that was originally thought to have been DeBeers and was that piece of land/kimberlite that Dr. Hutchison valued at $40 to $80 billion.
Let’s take the low side to determine fundamental valuation. Two thirds of $40 billion is about $26 billion. I will use that amount x 2 as the amount as income because of what many will soon discover is that we have far more resources and locations that would allow that to be used as a minimum. This figure of $52 billion would definitely cover above and beyond any expenses. Again, I think such would be revealed soon to show how this figure is still being conservative.
From the above example we guesstimated that the OS for CMKX was no higher than 40 billion so we will us the same figure here. Please observe:
Income ÷ CMKX OS = EPS
52,000,000,000 ÷ 40,000,000,000 = EPS
1.30 = EPS
So giving the share holders a Tender Offer of $1.00 could be viewed as a conservative offer by Urban and CMKX, but yet still would be greatly appreciated.
** Now what if we really do have a huge abundance silver, zinc, gold, uranium, platinum, and diamonds to say the least?
** Now what if CMKX is 1 trillion shares naked shorted as anticipated?
** Now what if we do have miles and miles of kimberlite that was discovered from the aerial survey?
** Now what if they encountered an overburden that was valued at 500+ million?
** Now what if they had billions of dollars of kimberlite alone that they use to re-mineralize and sell as soil?
** Now what if one of the newly found kimberlite pipes is miles and miles long?
** Now what if this is going to be the biggest margin call in the world?
** Now what if we do have micro and macro diamonds in all of our kimberlite found?
** Now what if there really are lots of corporate investors that are about to join the party?
** Now what if there were huge zinc deposits found to be issued under the CIM shares?
** Now what if Urban have many friends and family that are long term investors in CMKX?
** Now what if Urban promised that he would take care of them and make them all millionaires?
** Now what if our claims are now up to nearly 3 million acres in the FALC region?
** Now what if all of this is the big plan Urban has to get the shorts?
** Now what if we have one pipe of kimberlite that is miles and miles long?
** Now what if we have all the money and support we need to make all of this happen?
** Now what if Urban really love the shareholders as many of us thinks?
** Now what if all above is true?
As I stated earlier in this post, please consider these thoughts that you have read as “theory” until proven as “facts” from Urban and CMKX. The above will only become official only when Urban and CMKX make such official. Until then, these are only my thoughts. It is my opinion that CMKX will make many of us prosperous!
;-)
Sterling
____________________________________
May God Bless All.
45 Minutes With Melvin
I’ve been on this board for 3 months. Haven’t posted much because others do better DD. I just got off the phone with Melvin and I took 10 pages of notes. I will try to transcribe my notes and tell you what he said to me. I just looked at my phone and I see I have a “record” button. How I wish I had pressed that button.
Hang in there with me…these facts deserve a better writer than me.
PHP, the second largest diamond producer in the world, started open pit mine 5 years ago in the Northwest Territory. They are mining 4 Kimberlite pipes with over 1,000 people and are recovering $1,000,000 per day in diamonds. In the Northwest Territory there are 150-160 Kimberlite pipes. However, only 2-3% have diamonds. In the FALC region there are over 110 pipes but 70% of these pipes have diamonds. In the Northwest Territory only 10% of the diamonds recovered are gem quality. In the FALC region, 90% are gem quality. In the Northwest Territory it costs $56 per ton to extract the diamonds. In the FALC region it costs $16 per ton. To put this into perspective, Melvin said that the value per carat of the recovered diamonds was $100. In our area it runs about $450 per carat -- the difference between industrial and gem quality diamonds.
Hang in there…skipping around.
Five years ago, Shore Mining started drilling exploration (where?) and they expect to have open pit mining by winter. Their stock has risen from $.005 to $2.10 per share.
Sixteen years ago, DeBeers came to the FALC region and did their aerial exploration and found Kimberlite pipes (how many ?) They did take the “cream of the crop” of what they found. I think Melvin said their pipe area is 10 miles long (how wide?) and runs East/West. Kensington is farther West. Urban, with his long knowledge of the area theorized that the bigger geologic blow was east so that’s where he staked his claim (the Smenton pipe). I think Melvin said the larger diamonds (2-3 carats) are East of the DeBeers property.
The Smenton pipe was cored 7 years ago but the company that did the drilling ran out of money. Urban acquired from the people who drilled. When Urban was making plans to drill, he hired the geologist of the above company and it was the geologist that told Urban that he knew the best place to drill. They agreed and that is Carolyn. When the first hole was drilled, Melvin was at the site for the first cores. I won’t tell you what the geologist said because it would have to be considered super pumping.
Now that they had found a virtually unbelievable pipe, they had to determine how big it was. Was it 100 ft. by 100 ft.? (Not feasible to mine.) The offset drill holes to the East indicate (thickness of Kimberlite in offset holes) that the pipe could be 2 miles by 2 miles. Hence, “largest diamond find in history.” I have a sketchy note here saying Carolyn pipe is 2 miles by 4 miles. Looks like CMKX has 8 square miles of high (highest) quality of Kimberlite.
I have reviewed my notes and there are many other superlative numbers but I can’t pull them together so I won’t try.
Melvin said that CMKXtreme is the best mechanism for drawing new investors. He has a map showing where the car has raced and then he plots where the number of new investor requests for information comes from and they follow the car. He asks all potential investors where they are from and how did they hear about CMKX. Most of those in the area where the car has raced say they saw it on the car.
I asked Melvin if he could tell me when the PR would be out and he said he could not.
I called Melvin on Friday and left my phone number. He called today (Monday). We talked about taking care of the “short sharks”, the MMs, and how Urban wants to show them they cannot do their business against emerging companies. I worked in the U.S. Patent Office for 28 years and I have seen many good companies with hard working inventors crushed by these MMs.
One last thing…I asked Melvin if the post by Sterling regarding a “buy out” was his idea or that of CMKS. He said that was a good theory but it was “all” Sterling. (Not too clear on this.)
This is too long,,,I quit
DONWAT
_____________________________________
May God Bless All.
------------------
"Millionaire Dream"
May God Bless all.
May God Bless All.
quote:
Originally posted by Az...Cats:
order in at .0002
I think the .0001 days are over. Who knows with this one. Should be an interesting day though.
12@.0001
ASK
10@.0002
7@.0003
quote:
Originally posted by cool1sh:
L2's anybody? Thanks.
[This message has been edited by cool1sh (edited June 01, 2004).]
Did anybody buy at .0002? Did it fill easily?
quote:
Originally posted by sneaker68:
2 billion shares in volumn already!
11mm's at .0003
Over 1 Billion in volume in under 10 minutes of trading.
quote:
Originally posted by cool1sh:
Damn!! where is my .0003..Did anybody buy at .0002? Did it fill easily?
filled in a matter of 50 seconds (make that a minute or two) for me at 0.0002
[This message has been edited by futuresobjective (edited June 01, 2004).]
BID
14@.0001
ASK
1@.0002
13@.0003
1@.0004
quote:
Originally posted by rsnws:
L2BID
14@.0001
ASK
1@.0002
13@.0003
1@.0004
where can you find these L2's at??? See them posted all the time but would not know where to go to find them. Anyone
quote:
Originally posted by Az...Cats:
where can you find these L2's at??? See them posted all the time but would not know where to go to find them. Anyone
quote:Originally posted by cool1sh:
Damn!! where is my .0003..
Did anybody buy at .0002? Did it fill easily?
quote:
Originally posted by Az...Cats:
AAh, Did not know you had to pay for them. Thanx
[This message has been edited by rsnws (edited June 01, 2004).]
GLTA
quote:
Originally posted by roger7485:
This is it guys, your moment of truth. Did the MM just run this up to short alot more shares? Or is this thing actually going to run. It needs a bid of .0003 to make this run and cause tons of panic buying.
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
come on 0003 damn it. Its been going on all day (and whole last week).
quote:
Originally posted by noahltl:
It was nice seeing .0003 for awhile today.
quote:
Originally posted by rsnws:
We might see .0003 again today. 1 MM left at .0002.
quote:
Originally posted by new2:
CMKX HAS BEEN AMAZING TODAY
quote:
Originally posted by new2:
CMKX HAS BEEN AMAZING TODAY
Yup...didn't go down...it's been steady at .0002....doing GREAT!!!!!
BID
14@.0001
Ask
1@.0002 NITE
11@.0003
1@.0004
The buying pressure is so strong here that the MM's had to hold it down. It would have easily seen .0008 if they didn't sit on it.
This is short but he sounds upbeat..
http://yazzi.com/cmkx/melvin2.htm
Check out this link also.. Institutional buying?
http://thomson.finance.lycos.com/lycos/iwatch/cgi-bin/iw_ticker?ticker=CMKX
_________________________________
I SUPPORT CMKX 51 MILLION STRONG
I SUPPORT QBID 6.5 MILLION STRONG
I SUPPORT GFYF 5 MILLION STRONG
--------------------------------
LETS GO PENNIES LETS GO......
[This message has been edited by highwaychild (edited June 01, 2004).]
[This message has been edited by highwaychild (edited June 01, 2004).][/B][/QUOTE]
I have the same question. How does the MM's hold the stock down? Also, how can they naked short a stock and get away with it? If the stock doesn't exist how can it be traded? What advantage do they have by doing this other then buying in at a low price?
------------------
[color=blue]IN SUB-PENNY WE TRUST[/color]
[This message has been edited by highwaychild (edited June 01, 2004).]
quote:
Originally posted by joeyisthebest:
on IBC was melvin trying to say that this stock is about to explode????????????
That is the way I interpreted the message. I wish I had bought more, however if it takes off I won't be unhappy. 1.3m shares
I tried to buy 6 millions shares all day at .0001... could'nt do it... I will up my bid to .0002 tonight for tomorrow...
quote:
Originally posted by Leeman1:
That is the way I interpreted the message. I wish I had bought more, however if it takes off I won't be unhappy. 1.3m shares
quote:
Originally posted by Upside:
Or maybe he meant that Mt. St. Helens caused a whole lot of damage to a whole lot of people?
Upside that could be the DOWNSIDE of things, lets hope he meant the explosion part! and be optomistic about this! geeez ha
[This message has been edited by highwaychild (edited June 01, 2004).]
quote:
Upside, can you answer to my question some several posts up about the "sit" and "hold" buy the MM's
If several market makers are in fact shorting a stock they can buy and sell shares amongst themselves at whatever price they decide to artificially keep the price of a stock down. Example, you come in with a buy for 1 million at .0003. In theory, the stock should rise to that level even if only for a second or two. A market maker can counter that buy with a larger sell to another market maker for .0002 or less thereby bringing the stock back down to its previous level. I don't believe that this goes on anywhere near as much as people claim though. A stock will rise when there is a strong demand for it and it will fall when that demand weakens. Most complaints about market makers keeping the price down or driving it lower are unwarranted in my opinion. Not saying it doesn't happen but I believe it to be the exception and not the rule.
quote:
Originally posted by Upside:
originally posted by highwaychild:If several market makers are in fact shorting a stock they can buy and sell shares amongst themselves at whatever price they decide to artificially keep the price of a stock down. Example, you come in with a buy for 1 million at .0003. In theory, the stock should rise to that level even if only for a second or two. A market maker can counter that buy with a larger sell to another market maker for .0002 or less thereby bringing the stock back down to its previous level. I don't believe that this goes on anywhere near as much as people claim though. A stock will rise when there is a strong demand for it and it will fall when that demand weakens. Most complaints about market makers keeping the price down or driving it lower are unwarranted in my opinion. Not saying it doesn't happen but I believe it to be the exception and not the rule.
Do the MM's do this to try to destroy the company itself? I don't see a reason shy they would want to do this other than keeping the price low so the company makes little money off the stock. Any information would be appreciated.
quote:
Do the MM's do this to try to destroy the company itself? I don't see a reason shy they would want to do this other than keeping the price low so the company makes little money off the stock. Any information would be appreciated.
No, they don't want to destroy the company, although if they did it would be a good one time profit for them. If they're shorting the stock (profiting when the price goes down) they have good reason to do it and keep doing it. Take the share price down and they make money, then keep doing it over and over again. That's one of the reasons I find it hard to believe that CMKX's short interest could be so large. If it's being massively shorted, they are banking on a bankruptcy or a reverse split, neither of which seems too likely anytime soon.
quote:
well if you are shorting a stock you want to get in high have someone else buy and then cover low possibly when business is closed and out of business that would be why they are doing it.
Exactly, but that contradicts yours and most others feelings about this stock. If in fact it's being shorted to the moon and back, what are they hoping for? Bankruptcy or a reverse split. Outside of that, I don't know of a way to make money shorting a stock that until recently only trades at .0001. For that matter, I don't even know if it's possible to short such a stock.
quote:
Originally posted by Upside:
originally posted by Leeman1:
No, they don't want to destroy the company, although if they did it would be a good one time profit for them. If they're shorting the stock (profiting when the price goes down) they have good reason to do it and keep doing it. Take the share price down and they make money, then keep doing it over and over again. That's one of the reasons I find it hard to believe that CMKX's short interest could be so large. If it's being massively shorted, they are banking on a bankruptcy or a reverse split, neither of which seems too likely anytime soon.
Thank you.
We have a lot of new people coming in to the board with a lot of questions! Hopefully this will help!
I believe most don't believe the FACTS!
The reasonable facts are enough to believe in CMKX!
Most can't or have a hard time believing that something good can actually come their way. I guess like most of us after you get burned enough the tendency is to turn critical and cynical. Let's see if we can put aside the criticism, sarcasm, and look at reasonable amounts with no maybe's or speculations! Just a reasonable breakdown of what we know and we can go from there!
Everytime some brings up substantial DD that the value of the company is significantly more than people can imagine they shoot it down and think the individual is a pumper.
I know the A/S (Authorized Shares) is 500 billion shares. But we also know that in February the O/S outstanding shares was around 37 Billion. Just because 500 Billion are authorized doesn't mean they have been used.
Retiring of Billions of shares has taken place and the PR's attest to it. Even if none has been retired since Feb and the O/S is still 37 billion or even twice that at 74 Billion (which I doubt) the pps is WAY UNDERVALUED!
If we just take the Smeaton Property, regardless of the other 1.9 million or 3 million acres we have, the Smeaton property is 22,447 acres I believe. If you use the DeBeers valued property of approx. 50,000 acres at 40-80 billion dollars then we could reasonably assume that Carolyn and Smeaton is worth half of that at 20-40 billion. This alone when compared to the 37 billion O/S in Feb would make the pps worth approx .55 to 1.05. No hype, no asuming the other 1.9 or 3 million acres has anything or any value at all.
On Carolyn and the Smeaton property alone we can reasonably expect to have a pps of .55 to 1.05 or if there is 74 Billion O/S we would still be looking at .28 to .52 cents for our pps on Smeaton and Carolyn alone!.
And if there were 148 billion O/S we would still be looking at a pps of .14 to .26 on Carolyn and Smeaton alone!
And if there were 300 billion O/S our pps would still be at .07 to .13 on Carolyn and Smeaton alone.
Or if even a Max A/S for our O/S of 500 billion then our pps is still at .04 to .075 on Carolyn and Smeaton alone.
I don't see how anyone can argue with that!
Now as a bonus, lets do a VERY CONSERVATIVE CALCULATION!
Debeers acreage is valued at around 70,000 per acre. Lets take one third of that and say CMKX acreage is only worth 23,000 per acre. When you multiply 23,000 per acre times 1.9 million (low side estimate of acreage) you get 43.7 Billion.
With our acreage in Smeaton and Carolyn valued equal with Debeers and our additional acreage valued at only 1/3 of that of Debeers we arrive at a minimum pps of:
Low end value compared to DeBeers:
$20 Billion for Smeaton and Carolyn
43.7 Billion for remaining acreage
------------------------------------------------
63.7 Billion low end value - With 37 Billion as an O/S we are looking at a pps of 1.72 low end
High End
$40 Billion for Smeaton and Carolyn
$68.4 Billion for remaining acreage
----------------------------------------------
108.4 Billion high end value - With 37 Billion O/S we are looking at a pps of 2.93 high end
With the Low end being a pps of 1.72 at 37 Billion O/S then if you double the O/S to 74 Billion the pps would be .86. If you double the O/S again to 148 Billion then the PPs is still at .43 on the low end. If you double the pps again to 300 Billion the pps is till at .215 on the low end. I believe the low side of the tape is more than enough to convince any investor.
But lets take a look at the high side of this minimal amount I have presented. With the High end at 2.93 at 37 Billion O/S then if you double it to 74 billion O/S your pps is still 1.465. If you double your O/S again to 148 Billion O/S your pps is still .7325. Then if you double your O/S again to 300 billion O/S your pps is still .36625.
People this is not pumping this is taking the low side of everything presentable that we actually can confirm as fact!
To think there is 500 Billion outstanding shares would be ludicrous. But for the sake of the nay sayers we'll take it a step further to the max 500 billion O/S.
Low side = .1274 pps rounded off to a 13 cent pps
high side = .2168 pps rounded off to a 22 cent pps
If you don't believe then sell. But if you just want to moan and groan because we believe it is going to reach 13 or 22 cents then leave us alone.
The FACTS line up. That is 13 and 22 cents if the maximum 500 billion A/S is the actual O/S.
Personally with the Feb advertisement by CMKX stating 37 Billion O/S plus Urban's statement that INVESTORS had already given $1.8 million and another $3.2 million was coming when the work was to begin. I would be amazed if the O/S is over 50 billion because the only reason to sell shares is to raise money. But if you have investors kicking in then there is no reason to float any more shares into the market.
What does that mean? If we have 50 Billion O/S instead of the 500 Billion max then you can multiply the low and high pps by 10.
Meaning that the low end pps would be $1.30 and the high end pps would be $2.20.
No hype! No shuck and Jive! Just plain basics.
Keep believing CMKX! Your sub penny investments are going to be worth millions. You can take that to the bank!
Why? Because what I presented above is the flat base line for our pps. Not only that, I believe we have diamonds and plenty of them.
I am not a pumper just a sound reasonable investor trying to make a dollar and help protect my fellow investors from bashers or any one else that has an opinion outside the truth as it is known to be!
We don't have a lot of the facts we would like to have, but WHAT WE HAVE IS ENOUGH FOR NOW! Even if you break it down to a 25 percent haul it is still more than enough!
This is my opinion and I ask that you treat it as such!The facts are verifiable and speak for themselves. But I believe the basic premise is FACTUAL and you can do with it what you want!
Dr.D http://cmkmdiamonds.proboards27.com/index.cgi?board=news&action=display&num=1086123887
May God Bless All.
quote:
Another reason to short a stock would be to obtain more shares then, would it not?
I guess it could be but for what reason? If you drive the price down to obtain more shares because you know the price is going up, you will make money on the shares you obtain but lose on the ones you shorted. Shorting also carries a much greater risk because in theory, your loss is unlimited if the price starts to skyrocket. Sounds like too dangerous of a game to play to me.
quote:
I would love to have a business with 100% markup. I buy at .0001 or less and sell to you at .0002. This is the best reason to short. This is the easiest 100% MM's can make. I would want to sell that all day.
Debi,
You've just described exactly what I feel is happening. The market makers are buying billions of shares at less than .0001 and turning around and selling them to us at a higher price. That's not shorting. Shorting would be borrowing the shares at a price above .0001 and selling them back at a price below the purchase price. If they're shorting, or borrowing, at .0001, what can they be hoping for?
CMKM DIAMONDS INC. (CMKX.PK) Is a new mining and
exploration company with mineral claims in Fort a la
Corne, which is known for its diamondiferous kimberlites
being some of the largest in the world!
URBAN CASAVANT (Founder and Chairman of the Board) A
native of the Prince Albert (Canada) area and has been
involved in the precious stone and metals Industry for over 17 years.
With local knowledge and months of research of geological
government reports of the Fort a la Corne area located in
central Saskatchewan,Canada, Urban set forth to stake
mineral claims in the hundreds of thousands of acres, most
contiguously and adjacent to known diamondiferous
kimberlite bodies owned and operated by other mining
companies.
Exploration is being aggressively pursued within the Fort
a la Corne area in central Saskatchewan, where the company
holds mineral claims to millions of acres in Saskatchewan
which include Fort a la Corne claims, Green Lake claims
and zinc claims that include the original George Lake
Deposit (also known as Brakewell Lake) with options for
hundreds of thousands more acres.
CMKM Diamonds, Inc.,recently initiated a drill program,
with confirmed results of one of the thickest
kimberlite bodies found to date in the Fort a la Corne
area.
CMKM management believes, "the company’s future is bright
as diamonds".
WHY DIAMONDS IN SASKATCHEWAN ?
- One of the largest known kimberlite clusters in the
world.
- 130 of the 2000 kimberlite pipes known worldwide are
macro-diamond bearing. 23 of these are located in the Fort
a la Corne district of Saskatchewan.
- 80% of Saskatchewans' kimberlite pipes are
diamondiferous.
- 50% contain diamonds over one millimeter in size.
- A high percentage of diamonds recovered are clear,
inclusion-free and exhibit good crystal form.
- Pipes said to have erupted under inland sea and
therefore have not been exposed to weathering or
glaciation.
- Pipes lie within 300 feet of surface.
- Area accessible by paved all-weather road, with water
and power readily available.
- Studies indicate cash operating costs of $10.50 per
tonne, including overburden removal.
- Saskatchewan government encourages mining in the
province.
((Diamond Claims Fort a la Corne area))
Prince Albert Area Diamond Exploration Properties May 2004 http://www.explorationgis.com/pa_falc_claims.html
((Gold Claims La Ronge Gold Belt))
La Ronge Gold Belt - mineral exploration claims. http://www.explorationgis.com/LR_goldbelt.html
((Casavant Mining Zinc Claims Overview))
Include the original George Lake zinc deposit (also known
as Brakewell Lake). The George Lake area has had numerous
diamond drilling, airborne electro magnetic surveying,
geological, magnetometor, surficial geology and soil
sample surveys conducted on these claims, from the late
1960's to the early 1990's. After diamond drilling was
completed in 1969 to 1970, an ore reserve calculation was
released and recorded on Saskatchewan mineral deposit
index #0663 of the Saskatchewan industry and resources
website. The ore reserve was stated and estimated to be
5,000,000 tons of low grade reserves at 1% to 2.65% and
2,900,000 tons high grade reserves at 2% to 3.67%. http://www.ir.gov.sk.ca/dbsearch/MinDepositQuery/Default.asp?ID=0663
Company Website http://www.casavantmining.com/
((New pics of site on website 5-31-04)) http://www.casavantmining.com/images/SitePics5/IMG_0181_400.jpg http://www.casavantmining.com/images/SitePics5/IMG_0155_400.jpg http://www.casavantmining.com/images/SitePics5/IMG_0162_400.jpg http://www.casavantmining.com/images/SitePics5/IMG_0148_400.jpg http://www.casavantmining.com/images/SitePics5/IMG_0168_400.jpg http://www.casavantmining.com/images/SitePics5/IMG_0171_400.jpg
Company Video Archive http://www.casavantmining.com/video_archive.html
Company Picture Archive http://www.casavantmining.com/picture_archive.html
Previous Pics of ARIAL SURVEY EQUIPMENT http://www.casavantmining.com/images/airplane/cockpit1_160.jpg http://www.casavantmining.com/images/airplane/cockpit2_160.jpg http://www.casavantmining.com/images/airplane/equipment1_160.jpg http://www.casavantmining.com/images/airplane/plane2_160.jpg http://www.casavantmining.com/images/airplane/plane_160.jpg
(((SEC FILINGS)))
CMKM is a non-reporting company per Form 15-12G filed with
the SEC in July/03.
(To view this and previous SEC Filing click on link below) http://www.pinksheets.com/quote/filings.jsp?symbol=cmkx
CMKX trades on the Pink Sheets and is one of the most
requested quotes appearing in (Today’s Quote Request
Leaders) http://www.pinksheets.com/
CMKM Diamonds Inc.
URBAN CASAVANT (Founder and Chairman of the Board)
Las Vegas, NV Seen here posing with Jeff Arend CMKXtreme
driver and daughter) http://www.sustainweb.com/images/z/cmkx9.jpg
(((CONTACT INFORMATION)))
Melvin O'Neil http://www.casavantmining.com/images/Melvin2.jpg
Diamonds Hotline: Toll free in U.S./Canada: 877-752-3755
Phone: 306-752-3755 Fax: 306-752-3754
Email: ipr@sasktel.net
aka halfstep3 click link below to view latest posts. http://ragingbull.lycos.com/mboard/memalias.cgi?member=halfstep3
(((Latest from Melvin via COMPANY MESSAGE BOARD)))
(Log on and get the answers to some of your questions) http://cmkmdiamonds.proboards27.com/index.cgi?board=questions
Melvin on IBC Radio May 26th 2004
“We will take off, you can take that to the bank” http://yazzi.com/cmkx/index.htm
Melvin on IBC Radio Jun 01 2004
Kabooooooooooooom!!! http://yazzi.com/cmkx/melvin2.htm
((Nevada Secretary of State Corporate Information))
Name: CMKM DIAMONDS INC.
Type: Corporation File Number: C9852-2002
State: NEVADA Incorporated On: April 18, 2002
Status: Current list of officers on file
Corp Type: Regular
Resident Agent: LAW OFFICES OF THOMAS C. COOK, LTD.
(Accepted)
Address: 4955 S. DURANGO SUITE 214 LAS VEGAS NV 89113
President: URBAN CASAVANT
Address: 1489 WARM SPRINGS, SUITE 110 HENDERSON NV 89014
Secretary: COREY KLASSEN
Address: 1489 WARM SPRINGS, SUITE 110 HENDERSON NV 89014
Treasurer: COREY KLASSEN
Address: 1489 WARM SPRINGS, SUITE 110 HENDERSON NV 89014
Transfer Agent
1st Global Stock Transfer, LLC Las Vegas, NV 89117
(Latest Press Release)
CMKM Diamonds, Inc. Announces Update on Carolyn Pipe and
Targets Selected for Drilling on Green Lake
Thursday May 27, 9:30 am ET
LAS VEGAS--(BUSINESS WIRE)--May 27, 2004--CMKM Diamonds,
Inc. (Pink Sheets: CMKX - News) is pleased to announce
that the Company has completed the first phase of drilling
of the "Carolyn Pipe" in the Fort a la Corne, Saskatchewan
area. Five holes were drilled, of which four intersected
kimberlite.
Drill hole #1 intersected 428 feet of kimberlite. Drill
hole #2, north of hole #1, intersected about 246 feet of
kimberlite. Drill hole #3, east of hole #1, did not
intersect any kimberlite. Drill hole #4, west of hole #1,
intersected 206 feet of kimberlite. Drill hole #5, north
of #4, hole approx. 226 feet of kimberlite, although there
is a 15 foot interval of mudstone in the kimberlite, which
may be a layer of sediment laid between two episodes of
kimberlitic volcanism. Thinner layers of mudstone in the
kimberlite in other holes may also be either blocks or
layers of sediment.
The kimberlite intervals from holes #1 and #2 have been
split and half of the core has been sent to an independent
laboratory for microdiamond analysis by total dissolution.
The results are expected soon and further work on
the "Carolyn Pipe" will depend on those results.
The Company would also like to announce an update on the
Green Lake claims, which are located in the province of
Saskatchewan. The core drilling at the Green Lake claims
has been delayed and will not commence, at this time,
because of the possible difficulties of drilling the
target through the ice. The Green Lake claims were
targeted for core drilling prior to the kimberlite find,
at the "Carolyn Pipe", but further examination of the
drill location indicated swift currents below the surface
of the ice which may have caused considerable damage to
the drill equipment. It had been determined that drilling
other priority targets would be in the best interest for
the drilling program, while further research to achieve a
successful core drilling for this target can be attained.
Goldak Airborne Surveys of Saskatoon, Saskatchewan, Canada
has been contracted, on behalf of CMKM Diamonds, Inc., to
perform an airborne gradient survey of approximately
53,000 line kilometers. The survey encompasses the central
Fort a la Corne kimberlite cluster and covers the
surrounding mineral claims owned by the Company. All
required payments, with respect to the contract, have been
met and the operation is proceeding, unimpeded. The Goldak
Tri-Maxial gradiometer system is able to sharply define
and reject cultural anomalies. This type of survey also
has the ability to detect non-magnetic kimberlites, and it
is believed that some non-magnetic kimberlites may exist
in the area. The survey operations, started in early
April, and now at the end of May, are over 90% complete.
The aerial survey is expected to be finished, flying
within the next week and then final data processing will
begin. When the data processing is complete, the data will
be delivered to the Company geologist for interpretation
and selection for follow-up ground surveys to determine
drill targets. http://biz.yahoo.com/bw/040527/275204_1.html
(Company News and Press Releases From Other Sources)
Intersection of Kimberlitic Rock Announced by U.S. Canadian Minerals, Inc.
Apr 6 2004 6:00AM ET
U.S. Canadian Minerals Inc. Announces Intersection of Kimberlitic Rock
Apr 5 2004 4:30PM ET
CMKM Diamonds Inc. Announces 'Carolyn Pipe' at 900+ Feet and Still in Kimberlite
Mar 30 2004 4:34PM ET
CMKM Diamonds Inc. Announces 'Carolyn Pipe' Update
Mar 29 2004 3:27PM ET
CMKM Diamonds Inc. Announces 'Carolyn Pipe' Update
Mar 29 2004 3:20PM ET
U.S. Canadian Minerals Announces Option
Mar 29 2004 12:48PM ET
U.S. Canadian Minerals Announces Option
Mar 29 2004 12:40PM ET
CMKM Diamonds, Inc. Announces Kimberlite Ore Discovery
Mar 29 2004 11:09AM ET
CMKM Diamonds Inc. Announces Drilling Video Footage Now Available on the Company Web Site http://casavantmining.com/Video/CMKX%20DRILLING.swf
Mar 23 2004 1:50PM ET
CMKM Diamonds, Inc. Announces Joint Venture Option Agreement With United Carina Resources Corp. and
Consolidated Pine Channel Gold Corp.
Mar 22 2004 10:30AM ET
((( News Links )))
http://www.casavantmining.com/news.html http://finance.yahoo.com/q?s=cmkx.pk http://www.pinksheets.com/quote/news.jsp?symbol=cmkx http://news.moneycentral.msn.com/ticker/rcnews.asp?Symbol=US%3ACMKX
I don't know why people can't seem to find this press
release as the question keeps coming up "What happen to
the JADE deal". Hey even Ms. Carol S Remond brought it up
in a so-called E-mail story. (see story link below in
section Hot Off The Press)
Casvant, Mining Kimberlite International Announces
Cancellation of Jade Collection.
Business Wire, April 7, 2003 http://www.findarticles.com/cf_dls/m0EIN/2003_April_7/99735835/p1/article.jhtml
((OTHER CORPORATE FILINGS OF INTEREST))
CASAVANT INTERNATIONAL MINING CORPORATION
CMKM DIAMONDS INC.
CASAVANT GOLF COMPANY
BUSINESS WORKS INC.
SILVER FOX CAPITAL INC.
STONEHENGE INC
INTERNATIONAL SUCCESS BUILDERS INC
EYECANDY ENTERTAINMENT INC.
CASAVANT RACING CORPORATION
Click link for full filing details http://ragingbull.lycos.com/mboard/boards.cgi?board=CMKX&read=196870
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
((HOT OFF THE PRESSES))
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
*March 31, 2004 Nipawin Journal
Exploration could take major step ahead in May Joint
venture to decide then about summer drilling program
Las Vegas-based CMKM Diamonds Inc. (OTC:CMKX) has drilled
core holes on two claims in the Smeaton area during the
past week. Samples have been sent for testing. The two
claims are part of an announcement made a week ago when
CMKM reached an agreement for an option to buy 25 per cent
of 27 claims in the area that are currently owned by three
other companies - CMKM, along with United Carina Resources
(CDNX:UCA) and Consolidated Pine Channel Gold Corp.
(CDNX:KPG). UCA and Consolidated will keep 25 per cent
each with the last 25 per cent having been optioned Monday
to U.S. Canadian Minerals Inc. (OTC:UCAD).
CMKM and UCAD will pay a total of $50,000US each for their
25 per cent stakes in over 22,000 acres with the deal
specifying that each of the two companies will spend at
least $100,000 each on exploration of the properties
within the next year. http://www.nipawinjournal.com/story.php?id=95984
*Dow Jones IN THE MONEY: CMKM Diamonds' Stock Not A Girl's
Best Friend
By Carol S. Remond, A Dow Jones Newswires Column http://ragingbull.lycos.com/mboard/boards.cgi?board=CMKX&read=134517
Posted by: salman_ameritrade 18 Mar 2004, 11:30 AM EST
NOTE: salman_ameritrade says Ms. Remond sent him an E-mail
on this story, however I could not find a link to
substantiate it and none as been provied.
*Dow Jones UPDATE:IN THE MONEY:CMKM Diamonds Not A Girl's
Best Friend
(Updated to add information about increase in authorized
shares by CMKM Diamonds.) Wired at 18-03-04 1819GMT
By Carol S. Remond, A Dow Jones Newswires Column http://ragingbull.lycos.com/mboard/boards.cgi?board=CMKX&read=135393
Posted by: salman_ameritrade 18 Mar 2004, 08:15 PM EST
NOTE: salman_ameritrade says Ms. Remond sent him an E-mail
on this story, however I could not find a link to
substantiate it and none as been provied.
*Diamond exploration taking off
Recent entrants into the diamond exploration game in Fort
a la Corne have started testing and drilling for
kimberlite.
BY JORDIE DWYER journal Staff http://www.nipawinjournal.com/story.php?id=94184
*Dow Jones Business News
Feb. Trading Was Mixed At Knight, Ameritrade
Friday March 12, 2:14 pm ET
By Gaston F. Ceron, Of DOW JONES NEWSWIRES
?Interestingly, a big chunk of Knight's overall stock-
trading last month came from one single Pink Sheets tiny-
priced stock, CMKM Diamonds Inc. Knight traded an average
of about 3.36 billion CMKM shares a day, representing more
than 40% of Knight's average daily share volume for the
month.? http://biz.yahoo.com/djus/040312/1414000710_2.html
*Knight Trading Group, Inc. (March 12, 2004) (Nasdaq: NITE)
has posted on this Web site its monthly U.S. equity volume
activity for February 2004. http://www.knighttradinggroup.com/How_the_Trade_Gets_Done/Volume_Statistics/Introduction.asp
*Interview with CMKM president Urban Casavant Prince Albert
DAILY HERALD
Top Stories - News Saturday, February 21, 2004 Diamond
driller targets Weirdale
*BARRY GLASS/Daily Herald
A small company has made big plans for diamond
exploration work in the Prince Albert region this year. http://messages.yahoo.com/bbs?.mm=FNNS&action=m&board=4686678&tid=fallondinvesthistory&sid=4686678&mid=9051
*Interview with Dr. Mark Hutchison, Consulting
Geologist for Casavant Mining Kimberlite International
(OTCBB-CMKM)
Interview Information: Interview Date: 02.28.03 http://www.tradersnation.com/cmkm.shtml
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
((JOINT VENTURES AND AGREEMENTS))
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
Casavant Mining Kimberlite International enters into
agreements with the following companies.
U.S. Canadian Minerals Inc. & CMKM Diamonds Inc. Announces Joint Venture
Thursday February 26, 4:38 pm ET
LAS VEGAS--(BUSINESS WIRE)--Feb. 26, 2004--U.S. Canadian
Minerals Inc. (OTC BB: UCAD - News) announced today that
the company has entered into a joint venture with CMKM
Diamonds Inc. (Pink Sheets: CMKM - News). The following is
an excerpt from CMKM's press release issued earlier today: http://biz.yahoo.com/bw/040226/265766_1.html
U.S. Canadian Minerals Inc. Appoints Dr. Hutchison to Head
Mining Advisory Board
Wednesday March 3, 9:00 am ET
LAS VEGAS--(BUSINESS WIRE)--March 3, 2004--U.S. Canadian
Minerals, Inc. (OTCBB:UCAD - News) is pleased to announce
Dr. Mark Hutchison has accepted a position to head the
Company's mining advisory board. http://biz.yahoo.com/bw/040303/35249_1.html
Link for all the news on UCAD http://finance.yahoo.com/q/h?s=UCAD.OB&t=2004-03-30T15:34:00-05:00
________________________________________________________
Shane Resources (VSE-SEI) http://www.shaneresources.com/ http://www.shaneresources.com/news/news.2003.09.19.htm
2003-10-21 12:28 ET - Street Wire by Will Purcell
Shane et al. hunt gems on a Casavant play
Rick Walker'stroika of Saskatchewan diamond hunters, Shane
Resources,United Carina Resources and Consolidated Pine
Channel Goldhave each picked up an option to earn a 10-
per-cent stake in 82 claims that are scattered about the
Fort a la Corne region of Saskatchewan, east of Prince
Albert, from Urban Casavant's Casavant Mining Kimberlite
International.
Casavant's three new partners have been past participants
in the Saskatchewan diamond hunt, and Mr. Casavant has
long been involved with the pursuit of prairie gems as
well. Casavant can also earn a 49-per-cent interest in the
diamond claims held by its three new partners. Although
much of the ground held by Casavant and its three partners
are on the fringes of the Fort a la Corne region, some of
it is in close proximity to the more active core region
that is being worked by Shore Gold and the joint venture
of Kensington Resources, De Beers Canada and Cameco.
(To read more of this E-mail promotion click link below) http://ragingbull.lycos.com/mboard/boards.cgi?board=CMKX&read=14288
___________________________________________________________
Consolidated Pine Channel Gold Corp (TSX.V:KPG) http://www.sedar.com/csfsprod/data40/filings/00575115/00000001/q%3A%5CSEDAR%5CLAURIE%5CPINECHANNELNEWSRELEASE.pdf http://www.pinechannel.com/s/Home.asp
___________________________________________________________
United Carina Resources Corp (TSX.V: UCA) http://www.unitedcarina.com/ http://www.sedar.com/csfsprod/data40/filings/00575126/00000001/q%3A%5CSEDAR%5CLAURIE%5CCARINANEWSRELEASE.pdf
___________________________________________________________
CMKM Diamonds Inc. Successfully Negotiated Definitive
Agreement for Major Airborne Survey
LAS VEGAS, Feb 26, 2004 (BUSINESS WIRE) -- CMKM Diamonds
Inc. (Pink Sheets:CMKM), formerly Casavant Mining
Kimberlite International proudly announces a negotiated
Definitive Agreement for a Major Airborne Survey in the
Fort a La Corne Canadian kimberlite fields. The Board of
directors is pleased to announce they have successfully
negotiated and completed a contract with Goldak Airborne
Surveys. A tri-axial magnet gradient survey will be
conducted over an area of approximately 53,841 km in the
Fort a la Corne and surrounding area and is scheduled to
commence in approximately 3 weeks.
Goldak Airborne Surveys http://www.goldak-exploration.com/
(((CMKX PICK AND PROFILE SITES)))
5-31-04 S T O C K P R O W L E R Watch Box
Every week S t o c k p r o w l e r updates their watch box
with exciting new potential momentum plays.
The following link will take you there as RB blocks posting of URL address. http://tinyurl.com/3ectp
***********.com Profile 5-24-04
(PINK SHEET: CMKX) http://***********.com/2index.html
"I'll do my small part to assist in busting shorts..." http://www.ragingbull.lycos.com/mboard/boards.cgi?board=CMKX&read=238134 By: ***********Club 5-24-04
BIGGEST SHORT SQUEEZE IN THE HISTORY OF THE STOCK MARKET http://www.ragingbull.lycos.com/mboard/boards.cgi?board=CMKX&read=238664 By: ***********Club 5-24-04
ATTENTION My Yahoo Club Email to Club Members http://ragingbull.lycos.com/mboard/boards.cgi?board=CMKX&read=245298 By: *********** Club 5-29-04
Goldmarkets http://goldmarkets.homestead.com/diamond_mining_exploration_co.html
Small Cap Investors http://ragingbull.lycos.com/mboard/boards.cgi?board=CMKX&read=104555+
pennyflip aka okanagan on RB DD page http://www.pennyflip.50megs.com/
PennyPros.com alert: SHARE BUYBACK http://knobias.com/individual/public/news.htm?eid=3.1.ae00bd440d1d06aa148dce116fbf85dfa270244840900e3be3b0d0dca12c3a15
Top 5 Picks for 2004 http://www.pennypros.com/picks.html
STOCK REGENT http://www.***********.com/
5-9-04
Varok's newsletter went out today and the topic was CMKX http://ragingbull.lycos.com/mboard/boards.cgi?board=CMKX&board=CMKX&read=220312+&startfrom=&numposts=60
((OTHER GREAT DD SITES))
Started By: Mariner_007 Assistants: ddfridd_007, SUBBlime http://www.investorshub.com/boards/board.asp?board_id=1561
http://www.msnusers.com/DIAMONDHUNTERS/_whatsnew.msnw
http://finance.groups.yahoo.com/group/cmkxtrememachine/
Sterling's Classroom Member Forum
Sterling (CMKX) on IBC Radio May 28th 2004 http://yazzi.com/cmkx/sterling.htm http://ragingbull.lycos.com/mboard/viewclub.cgi?board=CLB01219
(((LINKS OF INTEREST))
http://www.gov.sk.ca/
http://www.cccj.or.jp/pubs_cdn_dia2002.htm
http://www.canadianminingjournal.com/Events/Upcoming.asp?option=up
http://www.nature.ca/discover/treasures/trsite_e/trmineral/tr3/tr3.html
http://www.diamondblog.com/
http://thediamondhunter.com/front
http://www.diamonds.net/ http://www.diamonds.net/news/newsitem.asp?num=9311&type=all&topic=all
http://www.diamondplay.com/s/Home.asp
Tue Apr 2, 2002
Update on the Canadian Diamond Exploration Boom http://www.diamondplay.com/s/Analysts-ResourceOpp.asp?ReportID=34791
What is Diamond? http://www.diamondplay.com/s/Education.asp?ReportID=38889
http://www.globeinvestor.com/
http://www.infomine.com/companies-properties/PropertyExchange.asp
http://www.kaiserbottomfish.com/s/Home.asp
March 1, 2004
Kimberlite Alley Exploration to heat up in 2004 http://www.kaiserbottomfish.com/s/Expresses.asp?ReportID=76414&_Type=Expresses&_Title=Express-2004-01-Kimberlite-Alley-Exploration-to-heat-up-in-2004
http://www.miningchannel.com/
http://www.mining-journal.com/
http://www.northernminer.com/
http://www.nrcan.gc.ca/mms/diam/index_e.htm
http://www.forbes.com/home_europe/newswire/2004/01/29/rtr1234489.html
((( INTERESTING ARTICLES AND VIDEOS LINKS )))
TIME CANADA "DIAMOND DAYS" April 5 2004
COVER STORY
The Diamond Frontier
From bleak and barren to bling-bling?how a growing
industry is changing Canada?s Northern communities
By Duff McDonald http://www.timecanada.com/story.adp?storyid=1&area=_toc
John-Paul Zonnevele
"Constraints on emplacement of the Fort a la Corne
kimberlites, east-central Saskatchewan"
(click link below to view video) http://www.insinc.ca/onlinetv/cspg20jan2004/
Peter Murphy reports on the hidden gems of Canada's north.
(click link below to view video) http://www.ctv.ca/servlet/HTMLTemplate/!ctvVideo/CTVNews/canada_diamonds_040113/20040113/?hub=Canada&video_link_high=mms://ctvbroadcast.ctv.ca/video/2004/01/13/ctvvideologger1_143k bps_2004_01_13_1074050071.wmv&video_link_low=mms://ctvbroadcast.ctv.ca/video/2004/01/13/ctvvideologger1_45kbps_2004_01_13_1074050163.wmv&clip_start=00:00:31.03&clip_end=00:01:52.11 &clip_id=ctvnews.20040113.00048000-00048872-clip1&clip_caption=CTV%20News%3A%20Peter%20Murphy%20reports%20on%20the%20hidden%20gems%20of%20Canada%27s%20north&subhub=video
Old Gem, New Technology (Video - Daily Planet)
Many diamonds are more than three billion years old. Now,
a new technology lets you know exactly what you're getting
when you buy that sparkly engagement ring. [ Old Gem, New
Technology ]... http://www.exn.ca/searchresults/v354dp.asp
The Great Diamond Rush in Canada's Arctic http://www.gi.alaska.edu/ScienceForum/ASF15/1576.html
Barren Lands: An Epic Search for Diamonds in the North
American Arctic Author: Kevin Krajick http://www.booksmatter.com/results.asp?btau=Kevin+Krajick
Friday, February 14, 2003, 10:00 pm EST, on the Discovery
Channel Diamonds in the Rough--premiere of the hour long
documentary film based on "Barren Lands." See the book's
characters describe their lives, and visit the northern
tundra with them. Get a look at the diamonds, too!
Produced by NBC-TV in cooperation with Discovery.
Illegal mining in Brazil?s wilderness is creating a lot of
damage for very little return.(click below to view Video) http://www.exn.ca/searchresults/v1423.asp
The 'Diamond' that is Not Forever
Julian Siggers explains why the diamond industry is not
falling apart over the impossibly brilliant mineral
cerussite. (The Diamond that is Not Forever)
(Click link below to view Video) http://www.exn.ca/searchresults/v1794.asp
DIAMOND MINE, Animation
Animation opens with cutaway view of earth's interior.
Heat and pressure are indicated through redness and
arrows. Diamonds sparkle in the earth's mantle. Kimberlite
seeps up to surface. Volcano explodes. cut to scene
millions of years later. Hardened kimberlite is
highlighted.
QuickTime Player is required for previews. http://www.newsinmotion.com/public/preview.htm?doc=KRT%2Fkrtnimtv%2Fdocs%2F003%2F515
Learn about the four Cs used to evaluate the quality of diamonds http://www.pbs.org/cgi-registry/mediaplayer/videoplayer.cgi?speed=lo&playertype=realmedia&media=%2Fwnet%2Fnature%2Fdiamonds%2Fdiamonds_lo.rm%2C%2Fwnet%2Fnature%2Fdiamonds%2Fdiamond s_hi.rm&title=Learn%20about%20the%20four%20Cs%20used%20to%20evaluate%20the%20quality%20of%20diamonds.&playertemplate=%2Fwnet%2Fnature%2Fmedia_player%2Fyellow.html&setprefs=true
(((Other Mining companies of Interest)))
DE BEERS "A Diamond Is Forever" http://www.debeerscanada.com/index.html
Kensington Resources Ltd http://www.globeinvestor.com/servlet/WireFeedRedirect?cf=GlobeInvestor/config&vg=BigAdVariableGenerator&date=20021025&archive=gam&slug=RO11DIAMO
Shore Gold Inc. http://www.canada.com/saskatoon/starphoenix/info/business/story.html?id=9E60AE73-8E22-4CBA-84C2-3A7FA09E3F91
Diamonds in the rough
Murray Lyons The StarPhoenix May 8, 2004 http://www.canada.com/saskatoon/starphoenix/news/story.html?id=3692532c-ac7e-43d8-b2ef-0226d0a8daa0
$$$**MERGERS, ACQUISITIONS AND EXCHANGES***$$$
***GET ME TO THE CHURCH ON TIME*** http://d21c.com/leprofesseur/church-on-time.html
Jan 28, 2004
Casavant International Mining, Inc. Announces Short Delay
for Final Approval of MRDR/CIM Share Exchange http://ragingbull.lycos.com/mboard/boards.cgi?board=CMKX&read=54539 By: paulsw
Sep 12, 2003
Casavant Mining Kimberlite International Recent Developments and X Dividend Date, September 12, and September 19, 2003. http://quickstart.clari.net/qs_se/webnews/wed/ce/Bcasavant-mining-2.RcOK_DSJ.html
Mar 4, 2004
U.S. Canadian Minerals, Inc. Announces Letter of Intent
for Controlling Interest in Juina Mining Corp. http://www.pinksheets.com/quote/news.jsp?url=fis_story.asp%3Ftextpath%3DCOMTEX%5Cbw%5C2004%5C03%5C04%5C50755402.html%26clientid%3D168%26provider%3DBUSINESS_WIRE&symbol=GEMM
Mar 7, 2004
Juina Mining Signs Letter of Intent http://www.pinksheets.com/quote/news.jsp?url=fis_story.asp%3Ftextpath%3DCOMTEX%5Cbw%5C2004%5C03%5C08%5C12337430.html%26clientid%3D168%26provider%3DBUSINESS_WIRE&symbol=GEMM
Mar 14, 2004
U.S. Canadian Minerals, Inc. Signs Letter of Intent with Sonic Technologies Int'l. Corp. http://www.pinksheets.com/quote/news.jsp?url=fis_story.asp%3Ftextpath%3DCOMTEX%5Cbw%5C2004%5C03%5C14%5C11452360.html%26clientid%3D168%26provider%3DBUSINESS_WIRE&symbol=UCAD
Mar 16, 2004
U.S. Canadian Minerals Inc. Signs LOI to Acquire 100% of Nevada Magnetic Material Inc. http://www.pinksheets.com/quote/news.jsp?url=fis_story.asp%3Ftextpath%3DCOMTEX%5Cbw%5C2004%5C03%5C16%5C30901220.html%26clientid%3D168%26provider%3DBUSINESS_WIRE&symbol=UCAD
March 25, 2004
Israeli consortium makes pitch for BHP's Ekati mine
Diamond firm sends out second feeler in a year with offer
to buy NWT property http://www.theglobeandmail.com/servlet/ArticleNews/TPStory/LAC/20040325/RDIAMOND25//?query=diamond+mining
((Interesting links created by Shareholders))
Drill Long and Hard http://us.f1.yahoofs.com/msgr/joseph_cbg/.tmp/TSHIRT%2bGRAPHIC.bmp?msT_kfABxSzcX86p
CMKX T-SHIRTS http://minorkey.net/cmkx_2.jpg
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
CMKXtreme-Xposure CMKXtreme-Xposure CMKXtreme-Xposure
Click on link http://ragingbull.lycos.com/mboard/boards.cgi?board=CMKX&read=246649
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
NASD Tightens Short Selling/Delivery Rule
NASD Notice to Members 04-08
Effective Date of Amendments to NASD Rule 3370
Affirmative Determination Requirements) Extended to
April 1, 2004 http://www.nasdr.com/pdf-text/0408ntm.txt
Online petition against naked shorting http://www.investigatethesec.com/
BAD DAY FOR STOCK SCAMS http://www.stockpatrol.com/regulator/articles/badday.html
Sub-Penny Pricing http://www.sec.gov/news/press/2004-22.htm
This has nothing to do with stock trading under a $1.00
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
IBC RADIO (Call in and give your opinion or just
listen about your favorite BB or Pink Sheet stocks being
discuss) http://www.ibcradio.com/index.htm
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
Lucy in the Sky with Diamonds http://wsp3.wspice.com/~dpannell/beatles/lucy.htm
Don't Worry Be Happy (Click link below to view video) http://www.klub-odgik.org.pl/bajerne/be_happy.swf
My Research Page will be undated frequently, so keep
checking back for updates.
May God Bless http://www.theinterviewwithgod.com/windowmovie.html
bullNbear :-)
___________________________________
May God Bless All.
Going to bed now...
Hope you can find it...
Anyone heard about Sterling before CMKX?
quote:
Originally posted by WWJD-thru-me:
I don't have L2 but according to the Cassavant message board Nite is at .0003. Could be a gapper today. -Debi
[This message has been edited by cool1sh (edited June 02, 2004).]
quote:
Originally posted by Upside:
originally posted by highwaychild:If several market makers are in fact shorting a stock they can buy and sell shares amongst themselves at whatever price they decide to artificially keep the price of a stock down. Example, you come in with a buy for 1 million at .0003. In theory, the stock should rise to that level even if only for a second or two. A market maker can counter that buy with a larger sell to another market maker for .0002 or less thereby bringing the stock back down to its previous level. I don't believe that this goes on anywhere near as much as people claim though. A stock will rise when there is a strong demand for it and it will fall when that demand weakens. Most complaints about market makers keeping the price down or driving it lower are unwarranted in my opinion. Not saying it doesn't happen but I believe it to be the exception and not the rule.
Good point upside. Very well put! In this case with CMKX the demand is very high as with Qbid and still we are stuck at .0002. Seems as if no one can sell at .0003 so eventually the shares are gonna run out. It seems that there is not a whole lot of selling going on as most of us still have our original shares we bought either last week or 4-5 months ago. MM's are killing us in this case. We should be seeing .0003 to .0004 very soon if we continue at this rate. Keeping my 2m for awhile!! Good luck
Has anyone else had sell orders go through at .0002?
quote:
Originally posted by dazedtrader:
Hey, just noticed my sell order for 1 million at .002 executed just before the bell yesterday! That leaves me with just under a million free shares - go CMKX go!Has anyone else had sell orders go through at .0002?
quote:
Originally posted by cool1sh:
Anyone has L2's? rsnws, you there?
BID
14@.0001
ASK
11@.0003
1@.0004
quote:
Originally posted by cool1sh:
Anyone has L2's? rsnws, you there?
quote:
Originally posted by rsnws:
GOOD MORNINGBID
14@.0001
ASK
11@.0003
1@.0004
quote:
Originally posted by cool1sh:
Thanks rsn.
Now I'd like to see the BID move.
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
For a second anyway.
[This message has been edited by rsnws (edited June 02, 2004).]
quote:
Originally posted by Leardron:
Okay, I just saw a trade go through for 2500 shares @ .0003. what's the point. that's like 75 cents.
Trying to get the price up.
16@.0001
ASK
13@.0003
3@.0004
quote:
Originally posted by Leardron:
What's the level II look like on this?
Hey there is 3@.0004 now. Cool!
------------------
FurrySound
-DD-GLTA-Unless I've quoted a source, I know not what I speak of.
------------------
www.freestufftimes.com
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
ASK
13@.0003
2@.0004
quote:
Originally posted by Leardron:
What's the level II's again ?
May God Bless All.
quote:
Originally posted by Bam Bam 17:
Man! I love too see a .0003 close^^^ :>May God Bless All.
I think "I can get my money back" but, then I think I can not imagine how I would feel if this thing takes off and I sold 1/3 of my position to recover $300.00 !
I have had orders in then cancel.
I think I will hold and see what happens.
The only problem I have with this method is it makes me feel like I am in a casino. With the mentality that I will stay with it until I have LOST it all. I do not like this.
I normally have an exit target and GTC orders in.
PAUL
------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.
quote:
Originally posted by PAUL:
I have gone one way, then the other on selling at these levels.I think "I can get my money back" but, then I think I can not imagine how I would feel if this thing takes off and I sold 1/3 of my position to recover $300.00 !
I have had orders in then cancel.
I think I will hold and see what happens.
The only problem I have with this method is it makes me feel like I am in a casino. With the mentality that I will stay with it until I have LOST it all. I do not like this.I normally have an exit target and GTC orders in.
PAUL
quote:
Originally posted by Upside:
Anyone have a good recipe for crow?
Does that mean your opinion on the potential has changed?
quote:
Originally posted by Upside:
Anyone have a good recipe for crow?
Swallow hard and chase with water...
don't ya hate that!? gotta give ya credit for owning up to it though! (God knows I've had to a few times)..
quote:
Originally posted by Upside:
Anyone have a good recipe for crow?
Cook it very well!!!
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
quote:
Originally posted by Upside:
Anyone have a good recipe for crow?
I think we will see .0001 again before we see .001 JMHO.
(Hope I am wrong)
Paul
quote:
Swallow hard and chase with water...don't ya hate that!? gotta give ya credit for owning up to it though! (God knows I've had to a few times)..
Well, not quite ready to take it all back just yet but I figure I had better start getting some cooking suggestions together
As a matter of fact, I've already found one on the net called Summer Crow Kabobs. The recipe follows for all who joined me on this thread:
Ingredients
16 pieces of crow breast meat (no bones) (8 crows)
16 pieces of green pepper
16 cherry tomatoes
8 button mushrooms
8 ears of sweet corn
1 1/2 cups of Teriyaki sauce
1/2 cup melted butter
8 kabob skewers
Preparation
Cut each piece of crow in half and place in a covered bowl with the Teriyaki sauce over night. Clean and cut each ear of corn into 3 pieces. Cook in boiling salt water for 10 minutes. Alternately put corn (3 pieces), green peppers (3 pieces) and cherry tomatoes (3) along with 4 pieces of crow meat on each skewer. Use 1 mushroom to top each skewer. Brush with melted butter and place on preheated grill for about 4 minutes. Flip, butter again and place back on grill for another 4 minutes. Repeat one last time for a total of 12 minutes or until they appear done. Serves four adults.
quote:
Originally posted by Earth_Shaker:
This Stock is a Lottery Ticket. I spent less then $200 for my TICKET. To sell HALF for free shares is stupid. I am just going to wait until this baby becomes HUGE $$$$$.
I have not been in a a good SUB RUN yet.
I was strong on IBZT, posted regular help do DD and sold my position when it crossed over .01 and watched it hit 8X that if I remember correctly.
So I honestly do not know how to do this one, it it runs. I have GTC orders in for 2/3 of my position at various levels.
So right now I think I am sell 2/3 at higher levels and hanging onto 1/3 in the even of a buyout or whatever.
One thing is for sure.
UC knows how many legit shars there are and ANY BANK in the country would finance him going private if he owns 2X the legit shares.
Anybody made a bundle on a sub run before?
I did well on IBZT but, I can not help myself thinking at times, if I had been better educated, I might would have known that once it crossed .01 it would likely keep going a while.
So maybe the question is this.
Where should I not have sell orders at?
Just rambling here...
PAUL
quote:
Originally posted by will:
I subscribe to the theory of protecting your principle. I sold 1/2 my position at .0002 to secure it. Did the same thing with TSBB, whenever I have the opportunity to do that I will. 1/2 of loaf is better than none. Lately though I haven't had many double opportunities.
------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.
quote:
Does that mean your opinion on the potential has changed?
Hello Paul,
My opinion of this company has not changed at all. What has changed is my view of where the share price might be going. As I said the other night, even if I'm right and the company is a scam, you can still profit from it. All of a sudden there is so much talk and hype that one little piece of perceived good news from them could send it to .0005 easily. I agree with you that we'll see .0001 again before .001. I still think that eventually it will be exposed for what it is and a lot of people will be hurt but for now I'm going to sit back and watch it for awhile.
It would seem that weeks of progress will allow the stock to change owners at various levels. My thinking is that this would allow for much better support on the pull backs.
If it goes up real fast, I can imagine lots of panic/greed selling on a fast pull back. Everyone rushing for the door.
Fine w/ me if it gains nice and slow.
PAUL
quote:
Originally posted by VNGNTN1:
OK EVERYONE
A nice bump today.
What if this is just another fake to the left?
I think we need several weeks of small progress.
VAN
------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.
I saw lots of sells at .0003 but don't hear of alot of people saying they sold at .0003 today.
I think the .0003 sells were MM's to the public while they were holding back all of those .0002 orders that they let go through near the end of the day.
Selling fake shares most of the day to buyers then buying real ones to cover their shorts form sellers near the end of the day.
MM's are alive and well.
PAUL
------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.
lets say that U C owns all the share and never issued any.
He has all the shares on the market in his office.
That would mean we are the float and the short shares. He comes back offers a $1 + buyout and a dividen.
In reality he doesnt have to spend 1 cent in doing this.
What would this mean to us?
I contacted everyone last week on the Announcement made by Melvin
O'Neal from CMKX on the World Largest Diamond Find. On June1,
CMKX Traded over 18.5 Billion Shares and hit .0003 before closing
at .0002.
Mevin was on IBC Radio On June1 and announced that CMKX is fixing
to
make a large Move on PPS. Volume has been steady and buying is
constant,
the word is out that CMKX is going to release a Large Press Release
Thursday
June 3 2004. Look for CMKX to Move up Quickly at the end of this
week ,
once the Press Release is announced.
Link for June 1 IBC Radio Announcement. http://yazzi.com/cmkx/melvin2.htm
quote:
Originally posted by gunner08:
A ? 4 the proslets say that U C owns all the share and never issued any.
He has all the shares on the market in his office.
That would mean we are the float and the short shares. He comes back offers a $1 + buyout and a dividen.
In reality he doesnt have to spend 1 cent in doing this.
What would this mean to us?
I read here lately so many post about 1.dollar are you folk's all nuts?? or it is some kind of trand here post buyout at 1.00. I would lowe to sell my big bag for 1.00, that would never happ, and that's not bashing becose I don't bash any stock, but that,never ever gonna happ. Give me anybody exampl. any pink sheet stock ,that happ, such buyout....I don't think you will give me one. the resonable price and that is the top is .10 everything else is pure pump without fact a 1.00???? good night to all tommor. gonna be interesting I finnaly have level 2 for pink coooool. .......out
[This message has been edited by klempar77 (edited June 02, 2004).]
Have not seen him around here in a while.
It might be true that UC has a plan to put a hurt on the MMs and making a lot of individual investors wealthy. He could just as easily be lining his pockets. This stock could also see a legitimate run just like QBID did, from .0001 to 3 cents, still making some millionares and wealthy people.
Just be careful with all of the stuff floating around the message boards right now. A lot of times rumors are founded on some kind of truth, but many people are just floating on cloud 9 while dreaming about their riches. There is still a chance it can happen, just don't expect it to happen quickly, and IMO, wait until it gets close to .001 and sell just enough to regain your principal, then let the rest ride, that way you aren't out hardly anything.
That is my advice
From what I understand, whoever is short has to pay it or cover their short before the date.
In this example, I think it would be a frenzy with the MM's trying to cover.
I think this is what we are seeing now.
If you put a sell order in tomorrow for .0002 and I put a buy order in for .0003 I think each of us would end up doing business with the MM's, NOT each other. I think this is how they are covering some of the shorts now.
I further think that it MAY take something like what you are asking about to get the price to move very far out of this range.
Do you know of anyone that bought at .0002 today? Do you know of anyone that sold at .0003 today? I do not. I know some that sold at .0002 and bought at .0003 today. Who took the other side of those trades? MM's.
Paul
quote:
Originally posted by gunner08:
A ? 4 the proslets say that U C owns all the share and never issued any.
He has all the shares on the market in his office.
That would mean we are the float and the short shares. He comes back offers a $1 + buyout and a dividen.
In reality he doesnt have to spend 1 cent in doing this.
What would this mean to us?
------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
quote:
Originally posted by PAUL:
I am NO pro. I will try though.Do you know of anyone that bought at .0002 today? Do you know of anyone that sold at .0003 today? I do not. I know some that sold at .0002 and bought at .0003 today. Who took the other side of those trades? MM's
Paul, I was able to buy at .0002 today, although I placed my order at about 9 this morning and it didn't fill until about 3:45 this afternoon. I've been holding since mid-2003, but picked these shares up today just to test where I could buy at, and tomorrow, where I can sell at. I'm interested to see what is going to happen with this.
quote:
LOL, I remember someone saying they would eat a crow if this stock ever ran.
Have not seen him around here in a while.
Derek,
That was me and if you look back a page, I'm soliciting crow recipes. Got a good one to suggest?
quote:
Originally posted by emunahstock:
Funny how people cursed this stock, I am already up thousands and thousands of dollors. GO CMKX!
Get in before its too late!
Someone bought yesterday at .0002, it took them till 3PM to get in. .0002 will soon be history!
yes it is funny. ... I agree 100%. I have 51 million shares of CMKX since 0.0001. Those that curse CMKX should just get in and SHUT UP. IT"S A SUB PENNY STOCK AND IT"S LISTED ON THE PINKS SO SHUT UP AND ENJOY THE RIDE WHILE YOU CAN. WE WILL NEVER SEE 0.0001 and 0.0002 AGAIN
------------------
[color=blue]IN SUB-PENNY WE TRUST[/color]
quote:
Originally posted by fjean:
yes it is funny. ... I agree 100%. I have 51 million shares of CMKX since 0.0001. Those that curse CMKX should just get in and SHUT UP. IT"S A SUB PENNY STOCK AND IT"S LISTED ON THE PINKS SO SHUT UP AND ENJOY THE RIDE WHILE YOU CAN. WE WILL NEVER SEE 0.0001 and 0.0002 AGAIN
It's funny to see you post - "I have 51 million shares of CMKX since 0.0001." I love to see .0001 as the past! "Listen up, grandkids...When I was a boy, you could actually buy CMKX for 1/10,000 of a dollar..." " Whooooaaaa..."
I actually bought 5 million by accident, then just decided eh, what the he||... Now it's as exciting as when QBID first started her climb from the depths. There were pages of threads all saying "Did your sell go in at .0002? This is just a quick play. I sold mine at .0004. Doubled my money in 2 days! If this ever sees .001... And on and on. A few short weeks later they realized almost 3 hundred times their money!!! That's 30,000%!
I even enjoy all the crazy projection possibilities some of you guys concoct. Who cares if they're astronomical, it's fun to dream for a while. Glad to be a part of the team.
GLTA
CMKM Diamonds, Inc. Announces the Cancellation of the MRDR Transaction, Internal
Audit and Move to New
Transfer Agent
Business Editors
LAS VEGAS--(BUSINESS WIRE)--June 3, 2004--CMKM Diamonds, Inc.
(Pink Sheets:CMKX), The Board of Directors announces that due to the
encouraging results in Saskatchewan, the Company has decided to
concentrate all its resources on diamond drilling at this time, and
therefore has aborted the pending Mirador (MRDR) previously proposed
project.
Further the Board has notified the present Transfer Agent, 1st
Global Stock Transfer to do a full and complete audit of the company
and/or will have an independent auditor audit the company and as soon
as that audit is complete the Company has retained Pacific Stock
Transfer, Inc., to become the new Transfer Agent for CMKM Diamonds,
Inc.
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995: The statements, other than the statements of
historical facts, may be deemed to contain forward-looking statements
with respect to events, the occurrence of which involves risks and
uncertainties, including, without limitation, demand and competition
for the Company's products and services, the availability to the
Company of adequate financing to support its anticipated activities,
the ability of the Company to generate cash flow from operations and
the ability of the Company to manage its operations.
--30--AR/se*
CONTACT: CMKM Diamonds, Inc.
Melvin O'Neil, 306-752-3755 or 877-752-3755
fax: 306-752-3754
ipr@sasktel.net
KEYWORD: NEVADA INTERNATIONAL CANADA
INDUSTRY KEYWORD: MINING/METALS ENVIRONMENT MANUFACTURING
SOURCE: CMKM Diamonds, Inc.
Customize your Business Wire news & multimedia to match your needs.
Get breaking news from companies and organizations worldwide.
Logon for FREE today at www.BusinessWire.com.
Jun-03-2004 13:30 GMT
Symbols:
US;CMKX
Source BW Business Wire
Categories:
MST/I/ICS MST/I/MNG MST/I/POL MST/L/EN MST/R/CA MST/R/US/NV TGT/BWN
[This message has been edited by VNGNTN1 (edited June 03, 2004).]
My broker says I can't buy this stock (Scottrade) & other brokerage firms told me if I opened an account with them they couldn't do it either. Who is executing your trades?
------------------
whizknock
quote:
Originally posted by whizknock:
Message to all!My broker says I can't buy this stock (Scottrade) & other brokerage firms told me if I opened an account with them they couldn't do it either. Who is executing your trades?
quote:
Originally posted by whizknock:
Message to all!My broker says I can't buy this stock (Scottrade) & other brokerage firms told me if I opened an account with them they couldn't do it either. Who is executing your trades?
Bid
14@.0001
ASK
11@.0003
2@.0004
VAN
quote:
Originally posted by VNGNTN1:
LEARDON
I have read all that information. ABOSLUTELY no way to confirm, so I take it as another pump for new buyers. As I posted yesterday we need a consistent flow of verifiable PR.
Actually any PR that actually happens would be good.
I also notice people are referring to sites an calling it DD, when it is nothing more than rumor sources. Once again this is a good example for investor to not be emotional and actually be logical.VAN
I agree that it's not "Miller Time" yet but it is definitely a step in the right direction. I think everybody will be holding their breath wait for what the results are from the audit. I almost think that will be bigger than if they have diamonds or not.
quote:
Originally posted by Leardron:
I agree that it's not "Miller Time" yet but it is definitely a step in the right direction. I think everybody will be holding their breath wait for what the results are from the audit. I almost think that will be bigger than if they have diamonds or not.
How are you reading the "audit" ?
QBID also said they need audit to figure out how many O/S they have.
Is it normal for PK companies to not know about their O/S without an audit?
quote:
Originally posted by VNGNTN1:
JUST SOME THOUGHTS & QUESTIONS
1-Why doesn't a company know how many authorized share they have?
2-Why don't they so state?
3-Why ask your transfer agent to do this in an audit?
4-Won't this PR simply extend several weeks the share issue.
5-A SIMPLE STATEMENT BY UC supported by an audited financial statement would clearup everything, rather they choose to "manipulate".
I see two things from this, QBID is probably planning on staying on the Pink Sheets and CMKX is not. I still say this is the first step in moving off the pinks or going private. In any event, everyone's questions should be answered after the audit so why get upset about it. I will be more curious why QBID is not doing this than why CMKX is. Seems CMKX cares more about it's share holders.
[This message has been edited by Leardron (edited June 03, 2004).]
15@.0001
ASK
11@.0003
2@.0004
quote:
Originally posted by Leardron:
Anyone have the current level IIs?
It seems CMKX is making the right moves now... where is 0.0004? Today? Tomorrow? Why not just skip right to 0.001? It's going to happen anyway, why wait? LOL
------------------
FurrySound
-DD-GLTA-Unless I've quoted a source, I know not what I speak of.
[This message has been edited by VNGNTN1 (edited June 03, 2004).]
He was thinking the audit should take about a week to complete.
He is very frustrated about the MM's also.
We discussed how in the PINK area. The MM's can pretty much do what they want. Even if GREAT news comes about the find. It only moves the price if the MM's want the price moved. They can keep shorting as much as they want. It will take something other than just good news regarding a find to move the price. The only thing I know of is a dividend.
I think we may even see a PR regarding the information from the audit this month.
If the price moves very much out of this range before shorts are covered I think it will be pure manipulation.
We need to get the audit information. Find out where we are. Issue a dividend to force the shorts to cover. Get off the pink sheets.
I expect some of this to happen this month.
The range we are in right now is great for the MM's that are short to cover. I think they would be wise to do just that. Right now thay can buy at 2/3 their sell price. This allows for some gret covering. If the price moves up prior to the covering then I will be looking for it to come right back down to scare people into selling off, so they can cover more. For them to have the same % spread at higher levels would look too obvious.
.0001 X .0003 MM buy at .0002 sell at .0003
I think the MM's are in a great spot to cover their shorts right now by doing what they have alwas done. Sell short right now at .0003 and then buy back 30% lower.
I do not know when to get out of this. I think it could be a great ride.
PAUL
quote:
Originally posted by Leardron:
I am reading the audit as others have speculated on this board and the other boards. It says that the Board of Directors have asked for the audit, not that the SEC has demanded an audit. I think that means that they are getting ready to report their share structure in the near future and possibly go to OTCBB or NASDAQ. Another possibility is what Sterling said. Maybe they are getting ready to go private and want to see what their outstanding shares are at and what kind of buy back they will need to do to go private. Either way I think the audit is a good thing for share holders not a bad thing. In the very least it will give the share holders and exact number of outstanding shares instead of speculation.
------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.
I think CMKX would do well to hold ANY great news about diamonds until after share structure is in a PR.
If they do not wait, the MM's will probably use it let the PPS pop, sell short at the top and bring it right back down.
Good news about diamonds could be used to fuel a "new" fire after the dust settles and everyone that wants in is in and everyone that wants out is out.
PAul
------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.
ASK
10@.0003 NITE
2@.0004
quote:
Originally posted by cool1sh:
My 1 month old 0003 sell order filled (for 1 M). Are we going to see 0004 today?
Pharm,
How about yours?
AWESOME!!! Thanks, cool1sh!
Everyone, please post ANY trades you execute on this baby. Let's keep our finger on the pulse.
quote:
Originally posted by rsnws:
L2
Bid
1@.0002 NITE
13@.0001ASK
10@.0003 NITE
2@.0004
look where we are heading with this!!!!!!!!!
------------------
CashCow
VAN
[This message has been edited by VNGNTN1 (edited June 03, 2004).]
quote:
Originally posted by Leardron:
I currently have 24 mil shares and am holding strong. I would buy more but my wife is really bugging me about getting a shed and I can't hold her off any longer
Where did you get in at?
BUNCH OF 0 VOLUME TRADES AND VOLUME GETTING LOWER.. AMERITRADE STREAMER
I attempted, about a week ago to use Scottrade to buy into CMKX, however they only allow someone to SELL not buy. I did however come across ChocieTrade.com. I plan on opening and funding an account tomorrow. They claim I can trade CMKX online for five dollars a trade+comm. Not to bad considering Scottrade wants $22+0.5% however I am not knocking Scottrade, I plan on using them for my long-term Investments. I plan on trying to buy only like $150 worth, so at .0002 that is like 775k. How hard is that to get filled you think? Thanks everyone for all the DD you have posted. It is much appreciated.
-John
quote:
Originally posted by cool1sh:
WHAT THE HE** IS GOING ON WITH CMKX..BUNCH OF 0 VOLUME TRADES AND VOLUME GETTING LOWER.. AMERITRADE STREAMER
quote:
Originally posted by cool1sh:
WHAT THE HE** IS GOING ON WITH CMKX..BUNCH OF 0 VOLUME TRADES AND VOLUME GETTING LOWER.. AMERITRADE STREAMER
quote:
Originally posted by Meshoe45:
Where did you get in at?
Luckily at .0001 Got in a little over a month ago.
BID
1@.0002 NITE
14@.0001
ASK
10@.0003 NITE
3@.0004
quote:
Originally posted by Leardron:
Luckily at .0001
I got in at .0001 as well just for a 'lottery' I have 1 million shares, Im in for all or nothing... 100 can go along way!
quote:
Originally posted by rsnws:
L2BID
1@.0002 NITE
14@.0001ASK
10@.0003 NITE
3@.0004
[This message has been edited by cool1sh (edited June 03, 2004).]
L2
BID
2@.0002 NITE
13@.0001
ASK
10@.0003 NITE
3@.0004
quote:
Originally posted by JBCak47:
Hi everyone,I attempted, about a week ago to use Scottrade to buy into CMKX, however they only allow someone to SELL not buy. I did however come across ChocieTrade.com. I plan on opening and funding an account tomorrow. They claim I can trade CMKX online for five dollars a trade+comm. Not to bad considering Scottrade wants $22+0.5% however I am not knocking Scottrade, I plan on using them for my long-term Investments. I plan on trying to buy only like $150 worth, so at .0002 that is like 775k. How hard is that to get filled you think? Thanks everyone for all the DD you have posted. It is much appreciated.
-John
Have you checked to see if ChoiceTrade is licensed in your state? Ask them, as they aren't licensed in PA So, I'm using lowtrades for cmkx right now.
------------------
FurrySound
-DD-GLTA-Unless I've quoted a source, I know not what I speak of.
quote:
Originally posted by Booty Quest:
Wow, that IBC radio is really talking a lot about CMKX and QBID. They said Nite moved off the bid, but 2 more took his place. Can anyone confirm?
quote:
Originally posted by Az...Cats:
Who is Nite? I keep seeing that
quote:
Originally posted by rsnws:
NITE STILL AT .0002 BID ALONG WITH SEAB.
Thanks, Homey
quote:
I just wanted to say screw you to everyone who bashed and laughed when i started this thread...GLASSMAN...UPSIDE.....some other people....
Nice guy! No one came after you on a personal front, merely posted opposing viewpoints. Sorry you're unable to handle that. Also, I wouldn't start counting your millions just yet. This story is far from over. Look back just a few months, same thing happened. A few months prior to that, same thing again. Good luck to you sir and I'm truly sorry if I or anyone else hurt your feelings.
quote:
Originally posted by Upside:
originally posted by CashCowMoo:Nice guy! No one came after you on a personal front, merely posted opposing viewpoints. Sorry you're unable to handle that. Also, I wouldn't start counting your millions just yet. This story is far from over. Look back just a few months, same thing happened. A few months prior to that, same thing again. Good luck to you sir and I'm truly sorry if I or anyone else hurt your feelings.
I agree with UP; I'm holding 5M shares of this stock for almost a year now. I hope it does fly obviously. I don't think anybody is bashing. We've just bein in this stock to long and have seen this before. Look at the history. Seen this before many times with this stock. I hope it hits .0004 that will be different.
Thanks for starting the thread but, there were dozens of other cmkm & cmkx threads prior to this thread.
Perhaps when you started this thread it was the first time you started looking at the stock. From reviewing the first post it looks like that. Many of us have been in this for some time now.
Not that my contribution here would be missed but, I am out of this thread if it turns into a bunch of personal junk.
I hope it does not.
PAUL
quote:
Originally posted by CashCowMoo:
I just wanted to say screw you to everyone who bashed and laughed when i started this thread...GLASSMAN...UPSIDE.....some other people....
look where we are heading with this!!!!!!!!!
------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.
By: AlanC
03 Jun 2004, 02:37 PM EDT
Msg. 11883 of 11887
(This msg. is a reply to 11877 by vaughnnn72.)
Jump to msg. #
Just spoke with Edith at Pacific Stock Transfer, Inc. 702-361-3033. She confirmed that they would be CMKX'a new transfer agent but could not state what their start date would be. She indicated it all depended on how long it took 1st Global to get them the books and records to them.
She suggested I call back the end of next week went she might have more information. Go CMKX!!!
----------------------------------------
It looks like the audit could take some time........
BID
3@.0002 NITE
13@.0001
ASK
10@.0003 NITE
3@.0004
quote:
Originally posted by Upside:
originally posted by CashCowMoo:Nice guy! No one came after you on a personal front, merely posted opposing viewpoints. Sorry you're unable to handle that. Also, I wouldn't start counting your millions just yet. This story is far from over. Look back just a few months, same thing happened. A few months prior to that, same thing again. Good luck to you sir and I'm truly sorry if I or anyone else hurt your feelings.
rsn.. you there buddy?
How many bids at 2 and how many asks at 3? Thx.
L2
BID
7@.0002 NITE
10@.0001
ASK
10@.0003 NITE
3@.0004
quote:
As far as who pays us for our stock-the MM's have to make these shares good. So they have to buy it for whatever price they can get them at. It will no doubt be very expensive and their insurance (which the brokerage houses are required to carry) may have to pay.
Debi, I was discussing this very issue with someone just last night. Any idea how much insurance they're forced to carry? If this stock is shorted to the tune of a trillion shares (which is a number we have seen kicked around) and they decide to offer a dividend of even a penny, or the stock goes to a penny, what do you suppose would happen? Bankruptcy filings of epic proportions by market makers that would change the whole face of the market making business. I just have a hard time believing that CMKX will ever have that much influence on the market. They are an extremely small fish in a great big ocean and will most likely always remain so.
If it doesn't touch 0004 (doesn't look like it will) today, I hope it will tomorrw AM.
quote:
Originally posted by rsnws:
L2BID
3@.0002 NITE
13@.0001ASK
10@.0003 NITE
3@.0004
quote:
hey upside i know nothing was personal im just messin with you to joke around
No problem Moo, didn't realize you were joking.
[This message has been edited by Leardron (edited June 03, 2004).]
BTW.. While speaking w/ Melvin this morning. It is clear that his family is in need of prayer. I know this may not be the place for a prayer request but, everyone please pray for his family tonight.
I will try to check in on the laptop and cell phone tonight or tomorrow. I hope I have digital cell coverage in the cabin.
God Bless,
Paul
------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.
KM DIAMONDS INC (OTO : CMKX)
QUOTE: CMKM DIAMONDS INC (OTO : CMKX)
Last Trade Time : Jun 3, 2004 15:59 EST Refresh
Last Sale
0.0003 Open 0.0003
Change EVEN Prev. Close 0.0003
% Change 0.00% Tick Type EVEN
Volume 1,317,885,700 Shares (last trade) 1,000,000
Day High 0.0003 52 Week High 0.0090
Day Low 0.0001 52 Week Low 0.0001
Bid N/A Ask N/A
Bid Size N/A Ask Size N/A
# Trades 1,547 Industry N/A
Fundamental Data
P/E N/A Market Cap (m) N/A
Earnings/Share N/A Shares Out. (m) N/A
Dividend per share N/A Exchange OTO
Current Div. Yield N/A Ex Dividend Date N/A
NYSE and AMEX data delayed 20 min. All other exchanges delayed 15 min
quote:
I think I'm gonna be the first person ruined by this stock.
I just checked my tdwaterhouse account and it is telling my that tuesdays order went thru at market. 0.02.
i told them limit 3 mill at .0002 as anyone would.
system says i owe them £33,000 which is $60000 for a $600 order. I cant ring them til tomorrow morning uk time.
somebody please tell me no orders went through for this amount. please!
We always see thos types of glitches where a stock trading for .000x will show a sale at .00x But I've always just assumed it was a mistake that gor corrected. This is the first time I've actually heard from someone that it's happened to. If your certain that your order was a limit at .0002 and not a market order I'd say that your broker will probably straighten it out with you. If he in fact executed the order at .002 by mistake, he might have a problem reclaiming his money but that's not your problem. Please let us know how this all pans out!
quote:
I think I'm gonna be the first person ruined by this stock.
I just checked my tdwaterhouse account and it is telling my that tuesdays order went thru at market. 0.02.
i told them limit 3 mill at .0002 as anyone would.
system says i owe them £33,000 which is $60000 for a $600 order. I cant ring them til tomorrow morning uk time.
somebody please tell me no orders went through for this amount. please!
We always see those types of glitches where a stock trading for .000x will show a sale at .00x but I've always just assumed it was a mistake that got corrected. This is the first time I've actually heard from someone that it's happened to. If your certain that your order was a limit at .0002 and not a market order I'd say that your broker will probably straighten it out with you. If he in fact executed the order at .002 by mistake, he might have a problem reclaiming his money but that's not your problem. Please let us know how this all pans out!
quote:
Originally posted by cool1sh:
My 1 month old 0003 sell order filled (for 1 M). Are we going to see 0004 today?
Pharm,
How about yours?
I couldn't leave well enough alone... I got greedy this morning and changed it to 1/5 of my shares @ .0005! I guess I'm wishful thinking, but all we need is one day of great hype!.. I don't know whether I should kick myself or not...
quote:
Originally posted by tic_toc:
I think I'm gonna be the first person ruined by this stock.
I just checked my tdwaterhouse account and it is telling my that tuesdays order went thru at market. 0.02.
i told them limit 3 mill at .0002 as anyone would.
system says i owe them £33,000 which is $60000 for a $600 order. I cant ring them til tomorrow morning uk time.
somebody please tell me no orders went through for this amount. please!
[This message has been edited by highwaychild (edited June 03, 2004).]
I have sort of noticed you are being hailed as a CMKX hater....and your posts lately have been decreasing...
Upside's posts DOWN....CMKX price UP.....
Hey upside... don't tell me it was you who had the bid to buy @ 0.0004 this morning...
Go CMKXtreme... make me rich!!!!!! and Upside still looking for the great big one... Qwhat??
Need an input from you guys....
My GTC order will cancel after 30 days or put it this way the max you can go on GTC is 30 days?? is this correct???
I have Scotiaonline as my broker...
Also, I heard my buddy placed a GTC order on a stock trading at 0.000 range for .04 and he got a call from the broker saying that he cannot do that as it is a RED FLAG on their end as manipulating the stock... they asked him to cancel the order and then set an alert to notify him when the price is in that range...
any input cause I dont want to miss the ride as such want to place GTC orders in penny range...
pls. Thx
------------------
"Millionaire Dream"
quote:
Originally posted by mizzou7:
I would not be surprised to see CMKX as stock prowlers pick of the month this Sunday...
I consistently place my GTCs for high amounts on Ameritrade and they haven't told me anything like that... my orders will cancel at the end of the month AFTER i place the order. (eg. place sell order for CMKX on June 3rd for .10, it will cancel on July 31st). Also, even though order is for .10 and trades are at .0002, they've never killed order or notified me of red flags... hope this helps...
OOPS! meant to reply to Damian...
[This message has been edited by pharmdman (edited June 03, 2004).]
quote:
Originally posted by Upside:
Anyone have a good recipe for crow?
Vado..... thanks for puttin that last comment..."before you....." I was about to loose it.. Kiddin!!!
The news today is a great indication of things to come... just my opinion...
cmon dude admit it....
LISTEN UP CLUB Members!!!! THIS IS AN ALERT MAJOR MAJOR MAJOR ....this is the first time I have ever given this strong of an alert to our club members...MAJOR MAJOR ALERT!!!
CMKX volume was rushing higher and higher towards the end of the day. Buys were all going off at .0003 with 7 MMs on the bid at .0002. This is a major event for this Pink Sheet Stock.
Today CMKX announced an audit taking place in regards to their Authorized and Issued Share Structure. CMKX at the same time announced it decided to concentrate all its resources on diamond drilling. Something VERY BIG IS ABOUT TO HAPPEN...IMO.
All club members should be watching CMKX for news of what is
happening inside the company. Willy is watching and rolling big at this time on CMKX. Yes I still own MAGR and WQNI but CMKX is retirement for me and in the near future. imo
Thank you,
Hall Engel aka ***********
CMKM Diamonds Inc. is a new company involved in the exploration for diamonds in the Canadian province of Saskatchewan.
Exploration is being aggressively pursued within the Fort á la Corne area in central Saskatchewan, where the company holds mineral claims to more than 1.4 million acres.
THIS PROFILE I BUILT IS A ABSOLUTE MUST READ!!!! I AM TELLING EVERYONE IF YOU MISS THIS PLAY YOU COULD POSSIBLE MISS THE PLAY OF A
LIFETIME!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
http://***********.com/Profile-CMKX.htm
____________________________________________________________
Company News and Press Releases From Other Sources:
CMKM Diamonds, Inc. Announces the Cancellation of the MRDR
Transaction, Internal Audit and Move to New Transfer Agent
LAS VEGAS, Jun 3, 2004 (BUSINESS WIRE) -- CMKM Diamonds, Inc. (Pink Sheets:CMKX), The Board of Directors announces that due to the encouraging results in Saskatchewan, the Company has decided to concentrate all its resources on diamond drilling at this time, and therefore has aborted the pending Mirador (MRDR) previously proposed project.
Further the Board has notified the present Transfer Agent, 1st Global Stock Transfer to do a full and complete audit of the company and/or will have an independent auditor audit the company and as soon as that audit is complete the Company has retained Pacific Stock Transfer, Inc., to become the new Transfer Agent for CMKM Diamonds, Inc.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements, other than the statements of historical facts, may be deemed to contain forward-looking statements with respect to events, the occurrence of which involves risks and
uncertainties, including, without limitation, demand and competition for the Company's products and services, the availability to the Company of adequate financing to support its anticipated activities, the ability of the Company to generate cash flow from operations and
the ability of the Company to manage its operations.
SOURCE: CMKM Diamonds, Inc.
CONTACT: CMKM Diamonds, Inc.
Melvin O'Neil, 306-752-3755 or 877-752-3755
fax: 306-752-3754
ipr@sasktel.net
all one word...
MY TAKE ON TOMORROW
« Thread started on: Today at 7:14pm »
--------------------------------------------------------------------------------
the mm's are starving for shares today. they could not buy at .0001. they played a bait and switch to hopefully lower the pps expectations of us, in hopes of us selling at .0001, it did'nt work. that was there last ditch effort. so they started to buy at .0002. astonishingly, mostly every transaction was still .0003. this is so signifigant. they thought that they move the bid/buy up to .0002 and they will be able to start scooping up shares, since .0001 is not going to happen. the last 2 hours of the close, no shares had for the mms at .0002 and they sold tons at .0003.
they are still overselling there position!!! this is because essentially they are selling tons more at .0003 (mms as a whole) then they are buying at .0002.
this situation held true for the last 2 hours of markets today.
what this means is this. they have to adjust the bid/ask to a level that will allow them to be buying more shares then they are selling. this happens by raising the bid/buy price enough that we will want to sell, and have the mm's ask/sell price high enough that the quantity will not supercede that of which they are buying. this ratio will allow them to cover there short position.
so what they will do is they will effective tomorrow, since there is no spread the only thing to move is the mm's ask/sell position from .0003 to .0004. what this will do is because the price is higher on shareholder buys, will create less sells so they dont make the short position any worse. then they will move there bid/buy from .0002 to .0003 which will make that price level potentially high enough that will generate enough shareholders selling to them, to make back there short position.
because late today, the pps level they were buying at was too low, no volume on that side, and the mm's ask/sell pps was attractive to investors, it created tons of mm sells at .0003. bad bad situation. they did not want this.
as soon as the mm makes a switch i.e. going on bid/buy at .0002, you can see the result, sometimes its intended to bluff to get weak hands loose, and sometimes its actually to buy/sell. there 1st move today was to bluff and shake out weak hands, they had tons of volume and got shorter, very bad, then the 2nd move was to go on the bid/buy at .0002, to help to start making back the short position, and guess what? no volume at all. they had volume in each instance when they did not want it.
what this means is that moving the bid up to .0002 today to generate shareholder sells to help cover the short position did not work. that means that tomorrow, they will move the sell/ask to .0004 because they need to get a positive inflow of shares to cover there short position. the only way to do this is to make the mm's bid/buy pps high enough to get us to sell, and to make the mm's ask/sell position high enough that shares will not sell so fast.
now there is no spread currently so they have to widen that first, so they will goto .0004 to make the mm's ask/sell less attractive to keep there shares, and then the mm's will raise their bid/buy to .0003 to buy whatever they can to cover there position.
bottom line is:
that they are short huge amounts of shares based on sterlings theory that i believe will come out to be true.
mm's either bluff or jump on bid/ask to create the ratio of inflow/outflow of shares to give them the best future monetary gain or loss prevention.
today they tried to bluff at first and got huge volume hurting there ratio and making them shorter.
then they got serious and said well bump it up and buy at .0002 because we need the shares, we will cough up the extra cash. amazingly surprisingly, no shareholder sells at .0002 to the mm's.
the result is that tomorrow they will have to raise there sell/ask position to .0004 in order to stop selling more shares and then raise the bid/buy to make there buying price more attractive so they can begin to get back there shares.
if we did not have the demand today on the mm's sell side of .0003 they would not have had to move there bid/buy up to .0002 because they would not have been getting shorter.
so we will see tomorrow raising the bar on the bid and ask in order to affect the inflow/outflow of shares to a positive inflow so they can start to cover. remember this happens by raising the mm's bid/buy pps (to increase our desire to sell), and to raise the mm's ask/sell price (to decrease our desire to buy shares from them). So by raising bid/ask, mm's are increasing our desire to sell them shares, and decreasing our desire to buy from them, thus covering the short position.
the bluffing that they have been doing for weeks now, has not worked and its over. so now, moves made are for a specified purpose, thats why nite and jeff are sleeping on bid/buy at .0002, because they are not hiding anything anymore, hopefully no more bluffing.
why sterlings trillion shares short is relevant is that they will have to continually raise the bid/ask to increase our selling, and decrease our buying. the result will be huge pps gains.
now that we have started we will not stop. anything all of you can do to increase demand for shares by telling friends/family whomever will increase demand for shares and reduce further there ability to cover, thus causing the pps to shoot up even more dramatically.
couple that with a really good pr, and liftoff. qbid no match for us, we will leave you in the dust.
prediction- you will see loads of mm's pile up on the mm's ask/sell at .0004 and you may indeed see some .0004s if we get some sunshine between the clouds.
hope the info helps. i know its kinda confusing but i hope you got something from it.
CMKX's goal is dollars, not pennies
May God Bless All.
-chuck
quote:
Originally posted by pharmdman:
I consistently place my GTCs for high amounts on Ameritrade and they haven't told me anything like that... my orders will cancel at the end of the month AFTER i place the order. (eg. place sell order for CMKX on June 3rd for .10, it will cancel on July 31st). Also, even though order is for .10 and trades are at .0002, they've never killed order or notified me of red flags... hope this helps...OOPS! meant to reply to Damian...
[This message has been edited by pharmdman (edited June 03, 2004).]
SAME HERE
The book definition of GTC is just that. Why Sccottrade and Ameritrade interpret it as good till end of following month is a pain. I guess people leave stuff out there forever and this is thier way of keeping thing s cleaned up. I also have 10 Sell limits from.05 up to 1.00. no problem.
VAN
"....In an effort to synthesize some facts and dates, here is what I have come up with. Please let me know what you think:
FACTS
--------
1) The filing deadline for application to the OTCBB is 23 June of each year.
2) Melvin has stated that it is our intention to move up to the OTCBB.
3) After Mike/Coreton returned from the races last weekend, he wrote in a post that UC told him there would be no need for him (Mike) to visit the Smeaton property on his vacation as he had planned (scheduled for 21 June) because any useful information about the property would already be made public by then.
Now, if you look at the facts above, the inference I draw is that sometime between now and the 21st, we will get a PR (or two) with information about the drilling status on the Smeaton property (where the Carolyn Pipe is located, if you don't already know). Logically, that information would be the core sample results sent out several weeks ago, and which are due soon. Therefore, since CMKX seems to have a penchant for Thursday PRs of late, I would guess that 17 June is when we'll see the core sample results, of course which will be positive. Then, after the dust settles from this big news, UC then drops the next bomb, exactly one week later, on Thursday, 24 Jun, where he releases in a PR that we have completed our full audit, and have filed our application for listing on the OTCBB as of yesterday, 23 Jun.
By now, the MMs heads' are spinning, and the PPS is spiraling upward and out of control. Are we done there? Not by a long shot. Why? Because following this big news, UC then releases the official O/S, which of course, is dramatically lower than anyone could have anticipated. Checkmate! The MMs are officially hosed, the shareholders carry UC off the field on their shoulders, and there was much rejoicing.
So, what do you think?
DISCLAIMER: Just a theory, folks!
NOTES/LINKS:
* I could not confirm the accuracy of the 23 June filing date independently, so I must defer to what others have posted here regarding deadlines.
* Melvin's message stating our intention to move to the OTCBB: http://cmkmdiamonds.proboards27.com/index.cgi?board=questions&action=display&num=1086295783
* Mike/Coreton's post from the races: http://ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=9354
* The original PR about the Carolyn Pipe/Smeaton property: http://biz.yahoo.com/bw/040329/295578_1.html
* Melvin's statement regarding the core samples: http://cmkmdiamonds.proboards27.com/index.cgi?board=questions&action=display&num=1086276242
* Despite previous statements to the contrary, there are NO requirements to list on the OTCBB (see, eg, http://www.otcbb.com/faqs/otcbb_faq.stm#Listing). Nevertheless, conducting an audit to determine the O/S is important for several reasons: 1) to instill confidence in investors; 2) to scare the daylights out of the MMs; and 3) to prepare for a future move to one of the big boards (ie, NAS, AMEX, or NYSE"....
I think this is the best post so far....
quote:
Originally posted by vado:
I hope you guys make a bundle on this one......but I don't honestly think so......this is just a tease at .0003......you can sell at .0002 and you can buy at .0003.......where is the profit.
I am not bashing......I am down to earth.....not in the clouds.
It's good to dream but you will see this is gonna be down to .0001 or even lower before this month is over.
JMHO
Now remember before you give me he*l...this is just my opinion.
quote:
Originally posted by vado:
Well I can only speak for myself.....I have been trying to sell since yesterday at the opening bell at .0001.
It's the truth.
HaHaHa.
quote:
Originally posted by will:
All speculation and conjecture. I want to see an official PR saying that diamonds have been found
Take a look at today's news...
"the Company has decided to concentrate all its resources on diamond drilling at this time"
quote:
hey Upside...
I have sort of noticed you are being hailed as a CMKX hater....and your posts lately have been decreasing...Upside's posts DOWN....CMKX price UP.....
Hey upside... don't tell me it was you who had the bid to buy @ 0.0004 this morning...
Go CMKXtreme... make me rich!!!!!! and Upside still looking for the great big one... Qwhat??
Don't really think I'm being "hailed" as anything here. I'm just a guy who doesn't believe in the company and who tries to point out the potential negatives of an investment in it. I also feel a need to counter the MANY false claims of some of the posters here who are obviously pumping this thing to attract newbies. You probably haven't read the whole thread but just so you are aware of it, I am a 2 million share shareholder in this company. I like your correlation though between my posting frequency and the stock price. Maybe if I'd just shut up altogether this thing would really take off.
all one word...
I'll learn how to do this one of these days.
Sorry...
Keep your posts coming..
Later Dawg!!!
quote:
Hey Upside... no offence guy... was just pulling your leg... wife is at work and I am looking at all my debts I have and wondering if this does really take off, I will be so debt free... and here you are trying to kill my dreams with your negative posts....
Keep your posts coming..Later Dawg!!!
I know, it was a good post. It actually inspired me to do a little DD on my posting habits here, in hopes of finding a pattern between my posts, or lack thereof, and CMKX's pps. I only went back to page 20 but here's the layout:
Page 20, 3 posts Page 21, 4 Page 22, 5
Page 23, 1 Page 24, 6 Page 25, 0
Page 26, 8 Page 27, 4 Page 28, 1
Page 29, 5 Current Page, 2 including this one.
You know, page 20 only takes us back to May 25th and I've posted 39 times. Man, I've gotta get a life!
-chuck
[This message has been edited by $CashMaker$ (edited June 04, 2004).]
total 33,184 GBP
i'm bankrupted
TUFFY
DO NOT EVEN SELL TO GO TO FREE SHARES, HOLD ALL, ITS TOO EARLY IN THE GAME AND THIS PUPPY IS READY FOR LIFTOFF!
I USUALLY GO TO FREESHARE POSSITION ON A STOCK THIS LOW BUT NOT WITH THIS ONE. ON QBID I WENT TO FREESHARE POSSITION AT .003 AND I REGRET IT TILL THIS DAY.
DON'T DO IT. HOLD LONG
BID
7@.0002
11@.0001
ASK
9@.0003
5@.0004
GO CMKX!!!!!
What's your reaistic prediction with no R/S? Thanks.
quote:
Originally posted by WWJD-thru-me:
Tuffy, Oh Yeah!!!! I have 10+ Million and will probably buy more today. I have to totally restrain myself on this one from posting how positive I feel about it. i don't want to be a pumper. But, I 100% believe this is shorted and I 100% believe that they not only have diamonds but have mineral rights worth billions. I made up some price charts for myself based on numbers of shares from 5B-500B and value of the first diamond claim we will mine of from $4B-$400B and you know what in every single scenario taking into account the % of the rights owned by other mining companies and the cost of mining the diamonds plus a modest value added for the other mineral rights on other claims we come out big winners. I hope everyone is in. Don't bet more than you are willing to lose but having said that I am planning on making this the stock play of my life. GLTA-DD-IMO-Debi
52,736,500 FREAKIN shares of CMKX
SHOW ME THE MONEY......
ps: you do the math INSANE
quote:
Originally posted by Doji say what!!:
Can i get a smile when i say i picked up!52,736,500 FREAKIN shares of CMKX
SHOW ME THE MONEY......
ps: you do the math INSANE
Beacuse may really sucked everything just went down. So instead of watching my fortune get small i went to el salvador for a surf...
very nice place great waves
cmkx has some serious momo this time we shall see
ASK
6@.0003
5@.0004
1@.0005
1@.07
quote:
Originally posted by rsnws:
CHECK THIS OUT!ASK
6@.0003
5@.0004
1@.0005
1@.07
quote:
Originally posted by Doji say what!!:
WILL BEEN ON VACTIONBeacuse may really sucked everything just went down. So instead of watching my fortune get small i went to el salvador for a surf...
very nice place great waves
cmkx has some serious momo this time we shall see
quote:
Originally posted by ali:
buy buy 0.0003
go CMKX
trying for 60million shares total (unreal)
[This message has been edited by Doji say what!! (edited June 04, 2004).]
ASK
4@.0003
5@.0004
1@.0005
1@..0006
1@.07
HERE WE GO!!!!!!
EVIL BUGGERS
quote:
Originally posted by Doji say what!!:
Can i get a smile when i say i picked up!52,736,500 FREAKIN shares of CMKX
SHOW ME THE MONEY......
ps: you do the math INSANE
I FINALLY FOUND SOMEONE ON THIS BOARD WITH MORE CMKX SHARES THAN I. JUST FOR THAT I WILL BUY MORE TODAY.
--------------------------------------------
HOLDING 51 MILLION CMKX ----- COME ON 0.02
HOLDING 6.5 MILLION QBID ----- COME ON 0.16
if my crrunt buy goes through
i will have
57,996,500 total shares ?i'm done?
May God Bless All.
Buy 900 CMKX Limit at 0.0004, GTC Filled 900 at 0.0003 Auto Routing 2004-06-04 10:17:01
I placed an order for .0004, filled at .0003 (only 900 tho)
i am so glad may is over nasty month for me!!!
bring on that summer rally... hehe
and they say consumeer spending is down NOT WHEN CMKX POPS.... YOU ALL WILL BE DOING SOME SERIOUS SHOPPING I BET
HELPING THE ECONOMY I'M SURE
ONLY THREE LEFT BEFORE .0004!!!!!! LMAO
!!!!!!!
ASK
2@.0003
5@.0004
2@.0005
1@..0006
1@.07
***
Business Editors LAS VEGAS--(BUSINESS WIRE)--CMKX-- CMKM Diamonds Inc. (Pink Sheets: CMKX) President and Chairman of the Board of Directors Urban Casavant announced that the company has entered into discussions with a large New York securities law firm to represent the company and has paid a retainer to that firm to begin the process of bringing the company into full compliance in order to be fully reporting. The name of the law firm will be announced as soon as that firm confirms that there is no conflict pursuant to its policies and procedures. Casavant and the board of directors stated that, "We are very happy and excited to be associated with a law firm of this caliber and are looking forward their assistance and direction to become fully reporting in as short a time as possible." To view further company updates, you can go to our Web site located at http://www.casavantmining.com. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements, other than the statements of historical facts, may be deemed to contain forward-looking statements with respect to events, the occurrence of which involves risks and uncertainties, including, without limitation, demand and competition for the company's products and services, the availability to the company of adequate financing to support its anticipated activities, the ability of the company to generate cash flow from operations and the ability of the company to manage its operations. KEYWORD: NEVADA INDUSTRY KEYWORD: MINING/METALS SOURCE: CMKM Diamonds Inc. CONTACT INFORMATION: CMKM Diamonds Inc. Melvin O'Neil, 306-752-3755 or 877-752-3755 Fax: 306-752-3754 ipr@sasktel.net http://www.casavantmining.com
CMKM Diamonds Inc. Announces It is Retaining a Large New York Law Firm to Represent Its Interests
LAS VEGAS, Jun 4, 2004 (BUSINESS WIRE) --
CMKM Diamonds Inc. (Pink Sheets: CMKX) President and Chairman of the Board of Directors Urban Casavant announced that the company has entered into discussions with a large New York securities law firm to represent the company and has paid a retainer to that firm to begin the process of bringing the company into full compliance in order to be fully reporting. The name of the law firm will be announced as soon as that firm confirms that there is no conflict pursuant to its policies and procedures.
Casavant and the board of directors stated that, "We are very happy and excited to be associated with a law firm of this caliber and are looking forward their assistance and direction to become fully reporting in as short a time as possible."
To view further company updates, you can go to our Web site located at http://www.casavantmining.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements, other than the statements of historical facts, may be deemed to contain forward-looking statements with respect to events, the occurrence of which involves risks and uncertainties, including, without limitation, demand and competition for the company's products and services, the availability to the company of adequate financing to support its anticipated activities, the ability of the company to generate cash flow from operations and the ability of the company to manage its operations.
SOURCE: CMKM Diamonds Inc.
CMKM Diamonds Inc.
Melvin O'Neil, 306-752-3755 or 877-752-3755
Fax: 306-752-3754
ipr@sasktel.net http://www.casavantmining.com
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--------------------------------------------------------------------------------
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News provided by
This is way cool.
------------------
FurrySound
-DD-GLTA-Unless I've quoted a source, I know not what I speak of.
quote:
Originally posted by WWJD-thru-me:
Is anyone else having trouble containing their excitement? I would guess anyone who has done any serious DD knows the potential here. That announcement should be worth big bucks. IMO-DD-GLTA-Debi
May God Bless All.
quote:
Originally posted by WWJD-thru-me:
Is anyone else having trouble containing their excitement? I would guess anyone who has done any serious DD knows the potential here. That announcement should be worth big bucks. IMO-DD-GLTA-Debi
for a grand total of
57,996,500 total sharee
i'm done
i'm on the sidelines SITTING IN MY LAZY BOY WATCHING!
LOL
quote:
Originally posted by will:
Lottery ticket, my ass lol. This just maybe REAL.
quote:
Originally posted by bauer:
please stop reposting the news. I posted it first at 10:24, and you keep wasting space.
quote:
Originally posted by bauer:
please stop reposting the news. I posted it first at 10:24, and you keep wasting space.
Woah! Its ok
UNREAL IF THIS POPS
quote:
Originally posted by Meshoe45:
Woah! Its ok
Thanks for support!
Its amazing how suddenly bushers are demanding and in control around here!
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
[This message has been edited by TradingWizard (edited June 04, 2004).]
[This message has been edited by VNGNTN1 (edited June 04, 2004).]
[This message has been edited by VNGNTN1 (edited June 04, 2004).]
quote:
Originally posted by Booty Quest:
I put in a buy for 5mm @ .0004 10 minutes ago and it just filled @ .0003 on Freetrade.
quote:
Originally posted by bauer:
hey be nice... I tried to help. Even if I was a "basher".
First you tell me not to waste space,
Now you telling me to be nice...
So what's next! LOLOLOLOLOLOLO
(just kidding around!)
GO CMKX GO! GO FLAMES GO!
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
quote:
Originally posted by Booty Quest:
I put in a buy for 5mm @ .0004 10 minutes ago and it just filled @ .0003 on Freetrade.
AAARRRGGG!! 
I need to free up some cash!!! (but good for you, Booty!)
ASK
1@.0003
6@.0004
2@.0005
1@..0006
1@.07
quote:
Originally posted by pharmdman:
AAARRRGGG!!
Thank you. Good to see you, FarmBoy. I gotta get to work, so watch this for me. I sold things for a loss today to get more of this gem
quote:
Originally posted by VNGNTN1:
ABSOLUTELY BEST NEWS ON THIS STOCK IN 10 MONTHS.
Anybody have a sell in @ ? that filled Buying is only half of the big deal.
TW what is your definition of basher?
VAN[This message has been edited by VNGNTN1 (edited June 04, 2004).]
[This message has been edited by VNGNTN1 (edited June 04, 2004).]
I don't know, just picked up from the conversations carried around this thread! lol
So I decided to use it, not hard feeling!
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
quote:
Originally posted by rsnws:
WATCH THE .0004ASK
1@.0003
6@.0004
2@.0005
1@..0006
1@.07
My 0005 order is not filled yet.. AMeritrade
quote:
Originally posted by will:
Don't get too excited yet. I want to see the PR that says "WE GOTS DIAMONDS", then I'll be excited, very excited!
quote:
Originally posted by VNGNTN1:
WILL
Yes, BUT this newsrelease confirms it. Why would you spend the money and trouble for nothing?
VAN
quote:
Originally posted by Booty Quest:
Thank you. Good to see you, FarmBoy. I gotta get to work, so watch this for me. I sold things for a loss today to get more of this gem
I'm going to be an ostrich today.. maybe it's best... you'll just have to fake diarrhea so you can keep running home to check on things.. LOL...
1169091330 Buy 1500000 CMKX Limit at 0.0005, GTC Filled 1500000 at 0.0003 Auto Routing 2004-06-04 10:54:18
Go CMKX
quote:
Originally posted by bauer:
freetrade didn't fill my .0004 yet. Been 10 minutes or more.
quote:
Originally posted by bauer:
got it
quote:
Originally posted by cool1sh:
Oh man.. 2 weeks ago CMKX was nobody.. now its a big thing.
NEXT MONTH????
IMAGE IF I HAD LISTEN TO THE BASHERS SAYING "IT'S A SCAM". IT MAY STILL BE. FOR NOW, LET ME JUST WATCH MY PROFITS RISE
quote:
Originally posted by bauer:
panic buying... Massive amounts of orders being filled at .0003
quote:
Originally posted by bauer:
not at all! reminds me of qbid. Very good.
Good luck to All!!!
quote:
Originally posted by will:
I'm a doubting Thomas, I want to SEE IT!
quote:
Originally posted by WWJD-thru-me:
Doji-I have another order in at .0003. It isn't filling. GLTA -I will post some of my scenario prices soon. -Debi
Place it at .0004
GLTA
quote:
Originally posted by Smctbone:
Why am I seeing a negative volume??GLTA
not enough spaces to fill more digits!!!
(means more volume)
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
quote:
Originally posted by Smctbone:
Why am I seeing a negative volume??GLTA
YOU JUST HAVE TO WAIT YOUR TURN TO GET YOUR SOUP....
SOUP NAZI (!!!!!NO SOUP FOR YOU!!!!!)
" and has paid a retainer to that firm to begin the process of bringing the company into full compliance in order to be fully reporting."
1@.0003
8@.0004
2@.0005
1@.0007
1@.10
Fully reporting??
The rumours might be true of OTCBB/Nasdaq?
Debi-how do you see it? Thanks
quote:
Originally posted by WWJD-thru-me:
Doji-I have another order in at .0003. It isn't filling. GLTA -I will post some of my scenario prices soon. -Debi
quote:
Originally posted by Bialystock:
Does this mean they are coming off the pinks? What can be assumed, if anything, from this statement? Anybody?" and has paid a retainer to that firm to begin the process of bringing the company into full compliance in order to be fully reporting."
That's what it looks like... goes along with the change of transfer agent, the audit of shares, etc...
------------------
FurrySound
-DD-GLTA-Unless I've quoted a source, I know not what I speak of.
quote:
Originally posted by rsnws:
ASK1@.0003
8@.0004
2@.0005
1@.0007
1@.10
[This message has been edited by VNGNTN1 (edited June 04, 2004).]
YES
[This message has been edited by bauer (edited June 04, 2004).]
1@.0003
11@.0002
4@.0001
ASK
10@.0004
2@.0005
1@.07
1@.10
GO!! GO!! GO!! CMKX
[This message has been edited by rsnws (edited June 04, 2004).]
[This message has been edited by rsnws (edited June 04, 2004).]
I think this will not run too fast until all the shorts are covered IMO
quote:
Originally posted by Doji say what!!:
LET'S SEE IF CMKX CAN BREAK THE .0004 RESISTANCE??????
From my software package help screen:
A negative volume indicates that a quote came in with a later time stamp and a lower total volume than the previous quote. This most likely indicates a correction to total volume from the data provider and can be seen often at market open as the volume is reset.
quote:
Originally posted by Smctbone:
Why am I seeing a negative volume??GLTA
[This message has been edited by Rics1997 (edited June 04, 2004).]
quote:
Originally posted by Doji say what!!:
I'M NOT SELLING!!!!!!!!
so you want to be a millionaire huh
anyways, me too
we are supporting CMKX over 50 million soldiers strong. COME ON 0.02
------------------
[color=blue]IN SUB-PENNY WE TRUST[/color]
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
A VERY NICE THINK TANK!!!!!
------------------
~,-,-< GatorMan
May God Bless All.
PS In my opinion Allstocks has the best, longest and the most informative threads!!!
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
This was the first stock that I purchased a few months back when I began trading!
------------------
IMHO - GLTA - Reductio Ad Absurdum
WHAT'S IN YOUR WALLET
IT REALLY CAN'T HAPPEN CAN IT
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
There are so many variables on this. The first one is value of the first diamondiferous kimberlite field. It could be 8 Billion, 80 Billion or 80 Billion.
Another One is Outstanding share count. It could be 5 Billion, 50 Billion or 500 Billion
So here are some numbers if:
Diamond's
Value
(Billions) $8 B $80 B $800 B
PPS PPS PPS PPS
if # 5B $1.60 5B $16.00 5B $160.00
shares 50B .16 50B $ 1.60 50B $ 16.00
Out 500B $ .016 500B $ .16 500B $ 1.60
It is easy to halve these number to get a rough figure based on current news and data. The cost of mining has to be subtracted. The cost would be 10.50 per ton and I am guessing that would be less than 10%. The partnership percentages need to be clarified but a max of 25% is my guess.
Now comes the adding part. We have many, many kimberlite fields and I am guessing the value of the mineral rights is smack in the middle of $80 and $800 Billion Dollars.
My biggest fear is I will give this away and find out what it is worth later. I plan to keep 5 Million shares long even if that means I need to buy 20 Million to play with. I want to take out the loss factor. I want to cover my backside so to speak against loss. But I also want to give myself maximum advantage for gain. There are so many factors to consider and we need to be aware of all the tricks of the market and the brokers. So I do plan on taking some profits along the way. I don't want to take any until the run starts officially. That would be when it is like a clock like QBID did or LBTT early. We may get a buyout offer or something else that spares us the trauma of having to play this hard. But here are some games I have seen. Trading Halt by SEC (BOCX), or the Street.com files a complaint with the SEC to stop a run or at least throw water on it. They did it to CYPT and USGA and a host of others. I have seen them do this to a few companies that were not found to have done any wrong and shareholders (like me) were hurt. By taking profits along the way and holding tight through vicious dips you may end up in a tub of butter so to speak. That would be British for living large. God Bless-Debi Nice news on LBTT today-I bought more at .0135.
BID
3@.0003
10@.0002
2@.0001
ASK
7@.0004
3@.0005
1@.07
1@.10
GO CMKX!!!!!
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
quote:
Originally posted by Bam Bam 17:
With my 21.1 Million shares @.0001 I will retire very soon. Man I love it when a plan comes together.May God Bless All.
WHAT ABOUT MY 51 MILLION SHARES? I'M ONLY 24. I CAN'T RETIRE YET
________________________________
CMKX GOT THE HOTTEST THREAD ON ALLSTOCKS. KEEP IT UP GUYS. A HOT THREAD MEANS MORE ATTENTION. COME ON 0.02 COME ON 0.02
------------------
CashCow
quote:
Originally posted by CashCowMoo:
RESISTANCE IS FUTILE
I know Upside, I am looking for the thorns too
quote:
Originally posted by Leardron:
All I can say is WOW! I am off today and just read the news. Looks like so far everything Sterling said is coming true. Looks like they are going either OTCBB or NASDAQ. LOVE IT! LOVE IT! LOVE IT!I know Upside, I am looking for the thorns too
I'll beleive Sterling's BS when I get the $1 tender offer.
NOT GONNA HAPPEN.
------------------
~,-,-< GatorMan
I want to see 0005.. (TODAY - Since there is no trading on 5th and 6th)
quote:
All I can say is WOW! I am off today and just read the news. Looks like so far everything Sterling said is coming true. Looks like they are going either OTCBB or NASDAQ. LOVE IT! LOVE IT! LOVE IT!
I know Upside, I am looking for the thorns too
Just sitting on the sidelines keeping quiet for now although I have to admit I'm enjoying this too.
quote:
Originally posted by cndboy:
1$......... Shoot i'll be happy with a dime or even a penny
$1 comon - yes we can all dream that but lets be realistic
just kidding
quote:
Originally posted by Upside:
Just sitting on the sidelines keeping quiet for now although I have to admit I'm enjoying this too.
------------------
~,-,-< GatorMan
BID
7@.0003
8@.0002
2@.0001
ASK
2@.0004
9@.0005
1@.0008
1@.07
1@.10
GO CMKX!!!!!
quote:
Originally posted by GatorMan:
Can someone please give us an L2?
[This message has been edited by rsnws (edited June 04, 2004).]
quote:
Shucks, they can still get in, and become cheerleaders.
And switch from the dark side? Don't think I'm ready for that just yet Obi Wan!
quote:
Originally posted by rsnws:
COME ON .0005BID
7@.0003
8@.0002
2@.0001ASK
2@.0004
9@.0005
1@.0008
1@.07
1@.10GO CMKX!!!!!
[This message has been edited by rsnws (edited June 04, 2004).]
Dang it! Who are those .0004 holdouts?
------------------
~,-,-< GatorMan
7@.0003
7@.0002
2@.0001
ASK
1@.0004 JEFF
10@.0005
1@.0008
1@.07
1@.10
GO CMKX!!!!!
[This message has been edited by rsnws (edited June 04, 2004).]
Is there going to be a run after 0005? I think so. Look at L2.
quote:
Originally posted by cool1sh:
OKay 0005 coming before 1:45pm..Is there going to be a run after 0005? I think so. Look at L2.
You got 5 minutes to prove true
quote:
Originally posted by bimbo:
ali,who is that melvin guy?
This is Melvin: http://www.casavantmining.com/contact.html
I noticed that the web site also gets updated regularly, today's news is up on their site.
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
quote:
Originally posted by TradingWizard:
This is Melvin: http://www.casavantmining.com/contact.htmlI noticed that the web site also gets updated regularly, today's news is up on their site.
quote:
Originally posted by cndboy:
1$......... Shoot i'll be happy with a dime or even a penny
I agree. the $1 is unrealistic but I would be estatic with even a penny. Sterling might be right on the plan but the actual dividend figure I think is way out of the park. Who know though, I will be the first to admit I am wrong if it happens (as I am flying in my new private jet)
quote:
Originally posted by Upside:
originally posted by Will:
And switch from the dark side? Don't think I'm ready for that just yet Obi Wan!
quote:
Originally posted by UserName:
Congrats to everyone who got in, i was a little sceptical and stayed away, now i wish i didnt, so with that said , would everybody please sell all their shares so the price would drop back to .0001? then i could get in at the bottom level and feel good about it. you could always buy them back, pretty please with sugar on top.
Everyone should sell at .0005 and buy back at .0001 - .0002
Lets see if our combined volume can play with the price.
I have buys in at .0001 0002 0003
[This message has been edited by will (edited June 04, 2004).]
quote:
Originally posted by GREGDOGG:
According to rsnws's L2, everyones selling at .0005Everyone should sell at .0005 and buy back at .0001 - .0002
Lets see if our combined volume can play with the price.
I have buys in at .0001 0002 0003
I'm just going by the provided L2,
News was awesome, volumes awesome, price, charts , ect...
Whatch soon all the investor web sites will be noticing the long abonden CMKX...
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
quote:
Originally posted by GREGDOGG:
Will, I have no idea......I'm just going by the provided L2,
News was awesome, volumes awesome, price, charts , ect...
I'm trying to get in now.....LOL
Just not sure where.
Hey rsnws, could you PLEASE post L2 again, thanks.
quote:
Originally posted by GREGDOGG:
I agree 100%I'm trying to get in now.....LOL
Just not sure where.
Hey rsnws, could you PLEASE post L2 again, thanks.
quote:
Originally posted by Upside:
Ok, if anyone starts planning a Las Vegas CMKX millionaires party like the QBID'ers are, I wanna know right now if I'm invited or not!
Ofcourse you are invited.
We all look at things from different angles, and it it good to see all the angles.
Good luck!!!
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
quote:
Originally posted by Upside:
Ok, if anyone starts planning a Las Vegas CMKX millionaires party like the QBID'ers are, I wanna know right now if I'm invited or not!
7@.0003
8@.0002
2@.0001
ASK
1@.0004
9@.0005
1@.0006
1@.0008
1@.07
1@.10
GO CMKX!!!!!
quote:
Originally posted by GREGDOGG:
I agree 100%I'm trying to get in now.....LOL
Just not sure where.
Hey rsnws, could you PLEASE post L2 again, thanks.
SHARES HELD>>>>> 62,741,500 NOW THAT'S ALOT
I'M INSANE?
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
I hope Urban/Melvin not selling at 0004
[This message has been edited by Leardron (edited June 04, 2004).]
quote:
Originally posted by Leardron:
Got a question. If the dividend theory is true that Sterling was talking about (not saying that $1 is correct) I am curious how they would pay the dividend out. Meaning, with normal dividends you had to be a share holder at a certain date, if you buy in after that date then you don't get the dividend. My ultimate question here is if at some point this thing flys in a very short period of time (which usually mean a drop within a short period of time afterward) and I want to sell and then get back in when the price drops, could I be screwing myself out of the dividend? Anyone know how the dividend would work if they decide to issue one?[This message has been edited by Leardron (edited June 04, 2004).]
quote:
Originally posted by will:
I would imagine all the who, what, when, detail would be in the dividende announcement.
At that point, wouldn't it be too late? Let's say I sold my shares before the dividend date announced and either rebought back in after the dividend date or haven't bought in at all by the time of the annoucement, I would be screwed wouldn't I? Not to sure how the dividends work.
quote:
Actually Upside, I am not a big holder in this one. I only have a 1,000,000 shares at an avg. of .00015. Until the diamond PR comes out I am not convinced this all that and a bag of chips. I'm just glad to be a small part of the action. I think I'l be selling some at .001, and sit on freebies.
I have 2 million at .0002 and half of them are hanging out there right now trying to be sold for .0004. Nothing yet.
PLEASE CHECK QBID THREAD- SOME NEW DD.
I QUESS I WILL KEEP MY 5 MILLION SHARES OF CMKM IF YOU ALL ARE KEEPING YOURS.
------------------
DIANA
quote:
Originally posted by Upside:
originally posted by will:
I have 2 million at .0002 and half of them are hanging out there right now trying to be sold for .0004. Nothing yet.
quote:
Originally posted by Doji say what!!:
fjean NEW TOTAL FOR YOU!SHARES HELD>>>>> 62,741,500 NOW THAT'S ALOT
I'M INSANE?
NOW AT 51,690,000 . I ONLY ADDED 500,000
I'M THINKING ABOUT SELLING SOME OF MY GFYF SHARES (5 MILLION) AND BUY MORE CMKX IN ORDER TO CATCH UP. ANYWAYS, I HAVE TILL THE NEXT PR WHICH WILL BE ON THURSDAY TO CATCH UP
------------------
IN SUB-PENNY WE TRUST
quote:
Originally posted by Nashdaq5:
what other companies other than QBID have really blown up from .0001? any others within the past 2 years?
CTKH .0001 BUYIN TO A HIGH OF .0080 NOT A BAD PROFIT
QBID .0001 TO .03 HOLY CRAP
AND NOW CMKX I WOULDN'T SELL
BRO GRABBED 4MIL MORE
NEW TOTAL 66,311,500 HMMMMMM
I COULD BUY A SMALL COUNTRY!!!!!!!!!!!!!
LMAO!!!!! TWO TIMES
quote:
Good then I can be your guest in Vegas, LOL.
Only if you swear allegiance to the dark side!
quote:
Originally posted by will:
I was looking at one the other day. Can't remember the symbol, but in March it was .0001 and it climbed to, or close to a penny in May.
[This message has been edited by cool1sh (edited June 04, 2004).]
quote:
Originally posted by Doji say what!!:
THERE WHERE A FEW GOOD RIDERS FROM .0001CTKH .0001 BUYIN TO A HIGH OF .0080 NOT A BAD PROFIT
QBID .0001 TO .03 HOLY CRAP
AND NOW CMKX I WOULDN'T SELL
BRO GRABBED 4MIL MORE
NEW TOTAL 66,311,500 HMMMMMM
I COULD BUY A SMALL COUNTRY!!!!!!!!!!!!!
LMAO!!!!! TWO TIMES
COME ON MAN, YOU'RE KILLING ME. NOW I'M THINKING ABOUT SELLING MY 50 SHARES OF HOME DEPOT
IT'S ACTUALLY 500 SHARES OF HOME DEPOT STOCK
WHAT THE HELL
I HAD 25MILLION IN QBID SOLD WAY TO EARLY FOR BIG GAINS...
I COULD OF HAD HALF A MIL IF I WAITED!!! DOPE
JUST HOLD
I STILL HAVE 6 GRAND ON OTHER POSITIONS!!!!
I'LL PLAY HEAVY ON CMKX
quote:
Originally posted by GREGDOGG:
You should call the country " Penny Land "
quote:
Originally posted by VNGNTN1:
WILL
I took intrest in the dividend comment also.
@.01 mentioned we would all become free shares(how nice)
Dividends come from"VALUE" since no value stated to date, it must mean they have identified value. In a news relaease recently I saw GOLD,Diamonds, ZINC and maybe all. So go ahead guess @A/S and multiply by .01.
VAN
7@.0003
8@.0002
2@.0001
ASK
1@.0004 JEFF
9@.0005
1@.0006
1@.0008
GO CMKX!!!!!
[This message has been edited by rsnws (edited June 04, 2004).]
[This message has been edited by rsnws (edited June 04, 2004).]
quote:
WILL
I took intrest in the dividend comment also.
@.01 mentioned we would all become free shares(how nice)
Dividends come from"VALUE" since no value stated to date, it must mean they have identified value. In a news relaease recently I saw GOLD,Diamonds, ZINC and maybe all. So go ahead guess @A/S and multiply by .01.
VAN
If I may be so bold, he is saying that in order to pay out a dividend of say .01 per share, it takes money. If the a/s and o/s are 500 billion, that equals a cash payment of 5 billion dollars. Where's it gonna come from? At least as of right now this company has no real value other than the stock that they sell. I know some have theorized that Casavant has in fact bought back the entire a/s and that we all own naked shorted "fake shares" so if this is the case the money would come from the insurance policies of the market making firms when they are forced to cover all of our dividends. Sounds awfully far fetched to me but again, I guess anything's possible.
quote:
Originally posted by will:
Don't get too excited yet. I want to see the PR that says "WE GOTS DIAMONDS", then I'll be excited, very excited!
I was excited when I was able to get a 1 million share sell execution at 0002.
I am soooo much more excited just watching this thing right now ..
GO CMKX!
... and QBID!
woohoo!
------------------
78.23% of all statistics are made up on the spot...The other 35% are made up later on.
I QUESS I WILL KEEP MY 5 MILLION SHARES OF CMKM IF YOU ALL ARE KEEPING YOURS.
------------------
DIANA
Hi Diana, Nice to see you posting here. I always value your opinion it usually proves to be true. ENUI was one of yours I think back in the .03-.04 range.
---------------------------------------------
I have 12+ Million shares of CMKX and plan on keeping at least 5M long, 5M to play wtih to maybe get free shares and cash and 2M to sell to recoup total investment and maybe some profits. I have shares at .0001-.0003 with a just under .0002 average. I have done a lot of DD and and as you know much of this is going to be gut instinct plus what you can read in the dark. I have 100% confidence that they have diamonds. This is based on the known diamondiferous kimberlite in the area, the location of our claims next to them, the way the pipes have not been disturbed by glacier activity (keeping mining costs down and the pipes concentrated), the lack of announcements or concerns about the lack thereof by our percentage partners and some good second hand hearsay from the townspeople when a trusted friend called people in town to ask what they knew. I also believe this is naked shorted. I think the company PR's indicate that they think so and the MM activity indicates that they think or know so too. I am not sure to what extent. The value of their mineral claims is going to be huge. I don't know what the stock is worth but I think the mineral rights are truly worth billions plus more billions. I am more afraid of selling too early than I am about not being able to sell. I am willing to sell 2M at about .0014 without news. With news I will see price what I am willing to sell at.
IMO-DD-GLTA-Debi
quote:
Originally posted by Upside:
originally posted by Van:
If I may be so bold, he is saying that in order to pay out a dividend of say .01 per share, it takes money. If the a/s and o/s are 500 billion, that equals a cash payment of 5 billion dollars. Where's it gonna come from? At least as of right now this company has no real value other than the stock that they sell. I know some have theorized that Casavant has in fact bought back the entire a/s and that we all own naked shorted "fake shares" so if this is the case the money would come from the insurance policies of the market making firms when they are forced to cover all of our dividends. Sounds awfully far fetched to me but again, I guess anything's possible.
Who says it's us that have the "fake shares"? Maybe it's Urban.
------------------
~,-,-< GatorMan
__________________________________________
IF YOU AIN'T ON THE CMKX BOAT, YOU'LL HAVE THE WEEKEND TO THINK ABOUT.
quote:
Originally posted by Upside:
I know some have theorized that Casavant has in fact bought back the entire a/s and that we all own naked shorted "fake shares" so if this is the case the money would come from the insurance policies of the market making firms when they are forced to cover all of our dividends..
WHOA, hold on there! If this were the case, are we guaranteed to get our money? What if the MM goes bankrupt? What if the insurance co. goes bankrupt?
JUST HOLD
quote:
Originally posted by will:
I would imagine all the who, what, when, detail would be in the dividende announcement.
quote:
WHOA, hold on there! If this were the case, are we guaranteed to get our money? What if the MM goes bankrupt? What if the insurance co. goes bankrupt?
That was my point to this argument a page or so ago. I have no idea how much insurance the firms are required to carry but I'm sure that it would be a mass bankruptcy filing like never seen before. It would change the face of market making and short selling as a whole. Do you really believe that CMKX can wield that much power over the market? They are a tiny company and believe me, they do not have that kind of clout.
VAN
BETTER YET
(working on one now)
$6.50/sharex500=3250(Bv=19.75)
Sell covered call NOV/04$10@.95x500=475 Cost2775
Dividends 5%/mo x6=975
Cost (1800/3.60)
If stock drops to $3.60 breakeven
If stock climbs to $10 Profit $3200
I think I doubled my money??????????????
[This message has been edited by VNGNTN1 (edited June 04, 2004).]
[This message has been edited by VNGNTN1 (edited June 04, 2004).]
[This message has been edited by VNGNTN1 (edited June 04, 2004).]
You all have a nice weekend!!
[This message has been edited by cool1sh (edited June 04, 2004).]
quote:
Originally posted by VNGNTN1:
GATORMAN
It makes no difference if a dividend is declared by company they will pay for A/S and MM will pay or have to explain the difference can you imagine that explanation.
VAN
You're absolutly right. My post was more in jest. I just thought the asumption that we were the ones with the fake shares was kind of funny. Besides, I just don't see a dividend for any reason anytime soon. If there is money in the company it should, and will, be used for drilling. IMO
------------------
~,-,-< GatorMan
[This message has been edited by $CashMaker$ (edited June 05, 2004).]
quote:
I cannot understand how people can sell half of their positions for get their initial investment back ????
Are you so poor that you want your miserable $100 - $3000 back ?????
I will profit from all share I have for a big return....if not than ok I losed a few $$$ and tomorrow is another day.....if this goes where it must go (over $1 I hope )than I let you imagine my thougts....
Being rich, poor, or middle of the road has nothing to do with it. It's a sound investment practice. Your approach is something akin to riverboat gambling, win big or lose it all.
quote:
Originally posted by Upside:
originally posted by richnessforeveryone:
Being rich, poor, or middle of the road has nothing to do with it. It's a sound investment practice. Your approach is something akin to riverboat gambling, win big or lose it all.
quote:
Originally posted by WWJD-thru-me:
Will, I enjoyed your post about how you play this market. You will lose less playing it your way but you also have less reward. I have been actively trading pennies for less than a year but have bought and sold them and been in the market for about 5 years. I made about 2000 trades or so last year. But maybe 10 of them were Kahuna MaMa BIG. I realized looking back that when I find the BIG opportunites I need to play those correctly. I had a bad habit of selling too early. Getting shook out on dips and buying back at high prices and many other kinds of mistakes. Also holding too long when the trend changes. So, after looking at this one a lot and reading lots of links and suppositions I decided this is a winner and I am in. So the way I wanted to play this is not to sell too early and chase when the big news comes out. I wanted enough shares to be able to sell some to break even but not at .0004-.001 because I think that is a given almost with no news. Just the amount of short shares could make this fly. That doesn't count diamonds. I read a post about people not having the guts to win big on RB one time and it made an impression on me. The guy was talking about selling 1/2 on your double when you have pennies. That works for some stocks where the trend is uncertain and the news is all known. But when a stock is just starting to go up, has a ton of momentum and plenty of news potential-you give away the most shares for the least reward and may never have that chance again. So for me I loaded up a lot of shares and will sell 2 Million at .0014 or so with no news and wait for real news and price increase on the other 10 Million. The .0014 isn't set in stone if the momentum is strong and the stock is flying I will wait till it seems the buying pressure has waned. GLTY-IMO-DD-Debi By the way great find on the stock you posted. I didn't read it and the ship had sailed by the time I saw it.
Any new news on the poster(tic-toc?) whose broker entered the order incorrectly?
BTW.....I had two orders in today. First.....tried to slip away with a couple million shares at .0002......no way......at noon I changed to .0003 for 1 million....that also failed.
Thanks
quote:
Dude you are such an agreeable S.O.B...
If you are in I am out...
People like you change your mind so many times it's hard to keep up with you.
LOL
What a joke.
Stick to your guns......right or wrong.
Vado,
I don't really want to take issue with you but, first of all, WWJD is note a "dude". If you read her posts you will see that her name is Debi. Secondly, if you want to talk about sticking to your guns, this is the person who wrote the book on it. Read this thread in its entirety and you'll see that she is one of the staunchest supporters here. Thirdly, she has been around for a while now and always tries to offer good advice. She's had many a pick here that have panned out just like she said they would. She, in my opinion, has earned our respect along with many others here. Lastly, I don't agree with her on this particular stock but that doesn't mean I'm going to respect her opinion any less or that I'm going to start taking pot-shots at her. If you disagree with someone, try to point out your reasons why in a professional, educated manner. If they attack you, then fine, throw a digital dart back at them if you must but dont go looking for a fight.
quote:
Maybe I was a little hasty and opinionated.
I still believe CMKX is a scam.
JMO
So do I but right now we have the potential to make some money off of this scam. What bothers me though is that while we make something on it, if it is a scam, a whole lot of people are going to be hurt real bad. There is serious panic buying going on right now at levels that, in my opinion, shouldn't be touched. If this goes back down to .0001 or folds up completely, many, many people will go down with it. That sucks!
[This message has been edited by highwaychild (edited June 04, 2004).]
quote:
vado was set,might could of got of a .0004 TODAY would have been $200 now V.
If you mean there was the potential to sell at .0004 today, I tried from about 10:00 on to sell half of mine there but it didn't happen.
[This message has been edited by highwaychild (edited June 04, 2004).]
June 4, 2004
LAS VEGAS, Jun 4, 2004 (BUSINESS WIRE) --
CMKM Diamonds, Inc., (Pink Sheets:CMKX) president and chairman of the Board of Directors, Urban Casavant, announces that the Law Firm of Edwards &Angell has been retained to represent the Company in its desire to become fully reporting once again. Lead counsel for CMKM Diamonds, Inc., D. Roger Glenn, is a partner at the firm and has over 20 years of extensive experience in working with public companies. Mr. Glenn's professional bio can be reviewed at the law firm's website, http://www.edwardsangell.com/script.php?print=yes&page=attorneys& AttorneyID=39. (Due to the length of this URL, it may be necessary to copy and paste this hyperlink into your Internet browser's URL address field. You may also need to remove an extra space in the URL if one exists.)
Urban Casavant stated in Las Vegas today that, 'hiring Edwards & Angell, LLP, and specifically Mr. Glenn, is the best thing that we could have done for the company and the shareholders. The fact that Mr. Glenn began his illustrious career with the Securities and Exchange Commission is a further feather in the company's hat. We would like to thank all of our shareholders for their patience as we have moved towards this moment and as we move forward from here as a team.'
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements, other than the statements of historical facts, may be deemed to contain forward-looking statements with respect to events, the occurrence of which involves risks and uncertainties, including, without limitation, demand and competition for the Company's products and services, the availability to the Company of adequate financing to support its anticipated activities, the ability of the Company to generate cash flow from operations and the ability of the Company to manage its operations.
Further developments and other information on the company may be viewed at our website, http://www.casavantmining.com.
SOURCE: CMKM Diamonds, Inc.
CMKM Diamonds, Inc. Melvin O'Neil, 306-752-3755 or 877-752-3755 fax: 306-752-3754 ipr@sasktel.net
Customize your Business Wire news &multimedia to match your needs. Get breaking news from companies and organizations worldwide. Logon for FREE today at www.BusinessWire.com.
Copyright (C) 2004 Business Wire. All rights reserved.
Theory # 1:
The company is legitimate, they're doing everything they say they are and they're trying hard to increase shareholder value through their labors.
Theory # 2:
The company is a scam, they're dumping billions of shares on the market and trying hard to increase the pps through p/r's only to further line their pockets.
Theory # 3:
This one is a little obscure but it seems to be gaining popularity. The company may or may not be legit but either way it's shorted to the tune of 1 trillion shares. Something will happen to either increase the pps beyond all hope of covering these short positions or CMKX will issue a dividend in an amount that the short sold market makers cannot possibly cover thereby exposing them and forcing them out.
This is a very simplistic and quick explanation of what I see going on. So, what's your opinion and more importantly, why?
May God Bless All.
CMKM Diamonds, Inc. Announces It Has Retained D. Roger Glenn, Partner at Edwards & Angell, LLP as Securities Counsel
Friday June 4, 11:31 pm ET
LAS VEGAS--(BUSINESS WIRE)--June 4, 2004--CMKM Diamonds, Inc., (Pink Sheets:CMKX - News) president and chairman of the Board of Directors, Urban Casavant, announces that the Law Firm of Edwards & Angell has been retained to represent the Company in its desire to become fully reporting once again. Lead counsel for CMKM Diamonds, Inc., D. Roger Glenn, is a partner at the firm and has over 20 years of extensive experience in working with public companies. Mr. Glenn's professional bio can be reviewed at the law firm's website, http://www.edwardsangell.com/script.php?print=yes&page=attorneys& AttorneyID=39. (Due to the length of this URL, it may be necessary to copy and paste this hyperlink into your Internet browser's URL address field. You may also need to remove an extra space in the URL if one exists.)
Urban Casavant stated in Las Vegas today that, "hiring Edwards & Angell, LLP, and specifically Mr. Glenn, is the best thing that we could have done for the company and the shareholders. The fact that Mr. Glenn began his illustrious career with the Securities and Exchange Commission is a further feather in the company's hat. We would like to thank all of our shareholders for their patience as we have moved towards this moment and as we move forward from here as a team."
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements, other than the statements of historical facts, may be deemed to contain forward-looking statements with respect to events, the occurrence of which involves risks and uncertainties, including, without limitation, demand and competition for the Company's products and services, the availability to the Company of adequate financing to support its anticipated activities, the ability of the Company to generate cash flow from operations and the ability of the Company to manage its operations.
Further developments and other information on the company may be viewed at our website, http://www.casavantmining.com.
------------------------------------------------------------------------
Contact:
CMKM Diamonds, Inc.
Melvin O'Neil, 306-752-3755 or 877-752-3755
fax: 306-752-3754
ipr@sasktel.net
------------------------------------------------------------------------
Source: CMKM Diamonds, Inc.
beat you to it
Is it odd for news to come out at 11:30 pm on a Friday? Regardless, it sounds awesome! I already doubled my position today, guess I may have to do it again Monday.
quote:
Originally posted by brian2361:
Did anyone get in at .0003 today? I tried from about 10:00 am and didn't get filled.
Yeah, I picked up 5 million at 0003 this morning. It only took 10-15 minutes through Freetrade.
Meshoe, you scooped me again on scooping me!!!
Listed below are a few of our clients. For a listing of additional clients in specific areas of practice, please visit the Practice Area portion of our web site.
Alta Communications
American International Group
Amtrak
Bacou-Dalloz, USA, Inc.
Battery Ventures
Bear Stearns & Co.
Brown Brothers Harriman & Co.
Brown University
Citizens Bank
Clear Channel Communications
Columbia Capital
Conair Corporation
CrossBow Ventures
CVS
Dana-Farber Cancer Institute
Dobson Communications Corp.
Employers Reinsurance Corporation
FleetBoston
Genzyme Corporation
Gerber Life Insurance Company
GTECH Corporation
Gulf Insurance Company
Halliburton
Harvard University
John Hanthingy Life Insurance Company
Johns Hopkins University
JP Morgan Partners
Key Bank
King Pharmaceuticals
M/C Venture Partners
MassMutual Life Insurance Company
Merck Capital Ventures LLC
Nautic Partners
NBC
NCR Corporation
Northwest Airlines
Owens Corning
Pitney Bowes Inc.
PNC Financial Services Group
priceline.com Incorporated
Providence Equity Partners
Providian Financial Corp
Rohm and Haas Company
SmurFit-Stone Container Corporation
South Florida Water Management District
Spectrum Equity Investors
St. Elizabeth Medical Center of Boston, Inc.
Takeda Chemical Industries, Ltd.
Textron Financial
The Thomson Corporation
Travelers Property Casualty Corp.
Twentieth Century Fox Film Corporation
UBS Financial Services Inc.
University of Florida Research Foundation, Inc.
University of Vermont
Wellman Inc.
Wells Fargo
quote:
Upside-I just noticed your other post. Thanks for the kind words. I know you are not a fan of this stock or UC but I hope you make lots of money on it anyway and not on the backs of some 'stuckholders' left holding an empty CMKX bag. We will know for sure who is right pretty soon IMO. I hope it is me for any number of reasons.
---------------------------------------------
The boards here have been a great place for people to be able to post and a lot of us have been able to make some money and learn how to trade smarter. Thanks for helping to keep them that way and for noticing I am not a dude. -Debi
Debi,
I guess there is one thing that we agree upon, we'll know for sure one way or the other pretty soon and believe me, I really hope your right because that would be the best scenario for all of us. I'd have no problem admitting I was wrong as we all watched the pps shoot to the moon. It might even be kind of fun to take the verbal whipping that I'm sure I'd take. Anyway, I think that the next two weeks will tell the whole story and either way it falls, please know that I do respect you as a valued member here!
Has anyone bought a "Go CMKX" T shirt yet????
I am buying my Golf shirt @ 19.99 today...
quote:
Originally posted by WWJD-thru-me:
Brian-I had the second trade today for 1 M at .0003 with Etrade and then got 2 fills early for .0003 with Freetrade but had to wait a long time and raised my offer to .0004 and got the .0003 as I posted I hoped would happen. Freetrade is pretty good about not taking advantage. When I have a hard time getting filled I raise my price and get filled quicker at the lower price. It is a good strategy. Otherwise they ignore your order, raise the price and make you chase it. I use this for sells in rapid descents put in a lower bid and get filled at the better price. If anyone else uses this method in a busy market let me know. I think it works well. IMO-Debi
Deb, I totally use that same method all the time. I only get screwwwed on the low volume stocks. They often lower the bid/ask to suk a few more bucks outta me, but this one, they don't want to sell higher, so they see that higher price and want to fill it lower so they have less to cover later. IMO
quote:
Originally posted by Bam Bam 17:
Info on NY Law Firm Edwards & Angell, LLP With 300 attorneys the firm has been in business for over 100 years.
http://www.ealaw.com/index.phpMay God Bless All.
Are you guys nuts????
investing $300.00 to buy 3 million shares is like falling off a log. You guys are worried about getting free shares on a $300.00 investment??? Maybe some of you worry warts should go back to the sand box and get a second job. You'll make more that way. I can't believe what I am reading on these posts. My 15 year old has more guts than alot of you big investors.
Greeting$ Fan$! If Melvin got a LARGER SERVER it would be the cheapest way to promote CMKX, huh?
Gender:
Posts: 19
NYC Lawyer Comments on CMKX New$ Today
« Thread started on: Today at 9:26pm »
--------------------------------------------------------------------------------
Posted by: zeninvestor32 Date:6/4/2004 9:27:45 PM
Post # 15998 @ I-HUB CMKX Bd
THE MOST IMPORTANT CMKX POST YOU WILL READ TONIGHT.
One thing nobody has commented on that will be truly revealing is as follows. I am an attorney. I have worked in large New York law firms. I can tell you that when you reach a certain class and stature of law firm (and that includes most every major law firm in New York) that they will NEVER EVER EVER EVER accept a client in exchange for shares. EVER. Not even a Microsoft or GE. Most will never enter into the ethical conflict it would create, let alone expose the law firm to the liability they might face from such an arrangement. And I can tell you that top notch NY securities firms will charge a FORTUNE for their services. If the caliber of NY firm today's PR hinted at is truly a respected NY law firm, then something huge is likely brewing IMO.
The fact that a company without revenues yet and is pink sheeted is finding the money to hire a true NY law firm to ensure proper filing with the SEC and is NOT doing it by offering up shares IMO means something has happened where they need their ducks lined up completely in a row. This will be expensive and somebody obviously wants this done right. In all my years of investing in penny stocks, the only ones I have ever seen actually go anywhere are the ones that hire a Big 5 Accounting firm and a truly national, reputable law firm. In business, they say your two best allies are a d**n good accountant and a d**n good lawyer. Believe it.
In my opinion, today's PR was far more substantial than many may ever realize. Most every scam or questionable penny stock will 99% of the time go with a "biased" lawyer who is on the take or likely recommended to them by the slime financiers that are dumping their millions of shares. The fact that they are suddenly stepping up to the plate and bringing in a top tier NY securities law firm (assuming this proves to be true) means that something very serious is on the table that requires this level of precision and integrity.
This is all just my opinion but I feel pretty strongly about it. 15 million shares and willing to buy more next week if it remains in the 3-4 cent range. I will return to give my commentary on their law firm selection once it is announced. Good luck to everyone.
I once owned a penny stock at 60 cents. I sold it at 20 cents after feeling burned. It went to 25 dollars. I had 100k shares. People do and can get very, very, very powerfully wealthy off of one great pick. If CMKX has the goods to back everything, this might indeed be a once in a lifetime opportunity. If the law firm they use is truly a top-tier NY firm, this will be an awfully large hint as to the bigness of the company's news and plans in my opinion. Talk to everyone later.
http://www.investorshub.com/boards/read_msg.asp?message_id=3254128
CMKM Diamonds Inc. Announces It is Retaining a Large New York Law Firm to Represent Its Interests
Friday June 4, 10:24 am ET
LAS VEGAS--(BUSINESS WIRE)--June 4, 2004--CMKM Diamonds Inc. (Pink Sheets: CMKX - News) President and Chairman of the Board of Directors Urban Casavant announced that the company has entered into discussions with a large New York securities law firm to represent the company and has paid a retainer to that firm to begin the process of bringing the company into full compliance in order to be fully reporting. The name of the law firm will be announced as soon as that firm confirms that there is no conflict pursuant to its policies and procedures.
Casavant and the board of directors stated that, "We are very happy and excited to be associated with a law firm of this caliber and are looking forward their assistance and direction to become fully reporting in as short a time as possible."
quote:
Originally posted by WWJD-thru-me:
Brian-I had the second trade today for 1 M at .0003 with Etrade and then got 2 fills early for .0003 with Freetrade but had to wait a long time and raised my offer to .0004 and got the .0003 as I posted I hoped would happen. Freetrade is pretty good about not taking advantage. When I have a hard time getting filled I raise my price and get filled quicker at the lower price. It is a good strategy. Otherwise they ignore your order, raise the price and make you chase it. I use this for sells in rapid descents put in a lower bid and get filled at the better price. If anyone else uses this method in a busy market let me know. I think it works well. IMO-Debi
quote:
Are you guys nuts????
investing $300.00 to buy 3 million shares is like falling off a log. You guys are worried about getting free shares on a $300.00 investment??? Maybe some of you worry warts should go back to the sand box and get a second job. You'll make more that way. I can't believe what I am reading on these posts. My 15 year old has more guts than alot of you big investors.
Some view it as a casino game, some view it as business. Set your strategy accordingly and good luck.
May God Bless All.
quote:
Originally posted by Upside:
originally posted by bobsgolf:
Some view it as a casino game, some view it as business. Set your strategy accordingly and good luck.
finally you are being a little positive about this....
Good to see your view melowwing in lately....
Later dawg..!!!!
quote:
Upside....
finally you are being a little positive about this....Good to see your view melowwing in lately....
Later dawg..!!!!
Nope, Uh Uh, Never
Im still firmly in my theory # 2 camp (see my post halfway or so up the page) but the stock is on a run here and you can only beat a dead horse for so long so I'm just kind of sitting back, watching the run, and enjoying it for now. Tomorrows another day though!
CMKM Diamonds, Inc. Announces It Has Retained D. Roger Glenn, Partner at Edwards & Angell, LLP as Securities Counsel
Friday June 4, 11:31 pm ET
LAS VEGAS--(BUSINESS WIRE)--June 4, 2004--CMKM Diamonds, Inc., (Pink Sheets:CMKX - News) president and chairman of the Board of Directors, Urban Casavant, announces that the Law Firm of Edwards & Angell has been retained to represent the Company in its desire to become fully reporting once again. Lead counsel for CMKM Diamonds, Inc., D. Roger Glenn, is a partner at the firm and has over 20 years of extensive experience in working with public companies. Mr. Glenn's professional bio can be reviewed at the law firm's website, http://www.edwardsangell.com/script.php?print=yes&page=attorneys& AttorneyID=39. (Due to the length of this URL, it may be necessary to copy and paste this hyperlink into your Internet browser's URL address field. You may also need to remove an extra space in the URL if one exists.)
Urban Casavant stated in Las Vegas today that, "hiring Edwards & Angell, LLP, and specifically Mr. Glenn, is the best thing that we could have done for the company and the shareholders. The fact that Mr. Glenn began his illustrious career with the Securities and Exchange Commission is a further feather in the company's hat. We would like to thank all of our shareholders for their patience as we have moved towards this moment and as we move forward from here as a team."
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements, other than the statements of historical facts, may be deemed to contain forward-looking statements with respect to events, the occurrence of which involves risks and uncertainties, including, without limitation, demand and competition for the Company's products and services, the availability to the Company of adequate financing to support its anticipated activities, the ability of the Company to generate cash flow from operations and the ability of the Company to manage its operations.
Further developments and other information on the company may be viewed at our website, http://www.casavantmining.com.
Anyone up for it?
Areas of Practice
Corporate
Private Equity & Venture Capital
Securities
Industry Experience
Financial Services
Healthcare
Technology
Telecommunications
Education
University of Florida, School of Law
J.D., with honors, 1980
Executive Editor, Florida Law Review Order of the Coif
Florida State University
B.S., cum laude, 1976
Bar Admissions
Florida
New York
D. Roger Glenn
Partner
New York
Phone: 212.756.0299
drglenn@EdwardsAngell.com
Roger has over 20 years of experience in securities law. He has handled numerous IPOs and other public offerings, PIPE transactions, exchange and hostile and friendly tender offers, mergers and acquisitions involving public and private companies, private placements, Rule 144A sales, Rule 10b5-1 plans and all filings and reports required by the Securities Exchange Act of 1934.
The companies he has represented have been in the telecommunications, media, health care, financial services, technology and software industries and have had securities listed on the New York and American stock exchanges and the NASDAQ stock market.
Notable Experience
Roger was involved in the $600 million acquisition by a major telecom company of corporations and limited liability companies holding FCC licenses.
Roger represented another major telecom company in a cash tender offer and the $450 million outstanding high-yield debt of an acquisition target pursuant to a change-of-control indenture provision.
He was instrumental in the acquisition of an Austrian wireless telecom company with $1 billion of assets.
Roger handled the successful takeover of an insurance company by hostile tender offer.
Roger represented a telecom company in the issuance of $200 million in Senior Notes in a PIPE transaction.
Recent Speaking Engagements and Publications
The Going Public Sourcebook,co-author, a guide to the initial public offering process and ongoing reporting and other compliance obligations of a public company published by RR Donnelley Financial.
Corporate Responsibilities of Public Companies in 2003, author, 2003.
Before Edwards & Angell
After college, Roger practiced as a Certified Public Accountant on the audit staff of Deloitte & Touche in Miami. He began his legal career with the Securities and Exchange Commission, where he conducted investigations for the enforcement division.
Besides Edwards & Angell
Roger is an enthusiastic golfer and tennis player.
Posted by: zeninvestor32
In reply to: None
Date:6/5/2004 12:40:27 AM
Post #of 16198
A LAWYER'S VIEW ON THIS LATEST PR.
First things first, let me say that I will be buying the living **** out of this stock on Monday. Ok, now that you know I'm slightly biased, here are my thoughts. All are my OPINION and as a lawyer I'll add thirty other disclaimers as to doing your own damn due diligence. LOL
Ok, bottom line is that this is REALLY damn impressive. This firm is ranked #133 based on revenue. Among counsel for debt underwriting, they rank number 10. And if you do a little research into their background and their partners, you will discover that they are one of the absolute LEADERS in dealing with private equity funds in the WORLD. Re-read that last sentence. That is not puffery. That is fact. Ask around my friends. I'm just telling you what I know. These guys are heavy hitters when it comes to financing and securities. As in the big boys.
In my opinion, there is a very clear reason as to why this company is bringing its filings and legal work to a law firm of this indisputable caliber prior to dealing with the SEC. There must be some very important things that must be handled. I know from experience that filing with the SEC to get OTC trading approval is something any two-bit securities attorney can handle. Yes, some suck at it and it will take longer but most competent attorneys can handle it for a LOT less than a top tier firm (and many probably for a cut in the action). But when you step up to a firm of EdwardsAngell's level, this is a whole new level. Now you are making sure that everything will be perfect. You are making sure that credibility, respect and thoroughness are attached to every letter on every document. Now ask yourself ... why would a company trading at .0001 earlier this week be going to these lengths? As a pink sheet, they don't have to and nobody would care much if they just used an average attorney. But they are not. They have selected from the best and probably picked one of a handful that has the unparalleled experience and connections with private equity funds that others cannot match.
Here's a link to confirm some information: http://www.martindale.com/xp/Martindale/Lawyer_Locator/Search_Lawyer_Locator/alm_info.xml?alm_id=97&...
I'm also impressed that this press release went out tonight. It shows that the earlier press release wasn't just a pump. They followed up on it. Kudos to management for that effort.
My personal opinion is that this is a very, very unusual move for a pink sheet company to make. I've genuinely not heard of a pink sheet company before going with a law firm of this level for its filings. 99% of OTC stocks ALREADY LISTED don't go with a firm or accountant at this level.
Take it for what it's worth but this looks like a huge hint of epic proportions. Yes, this is all still risky as any submicropenny mining stock would be. But in my 10 years playing the pennies (a hobby of mine), I've not seen this.
Good luck to everyone. I'm buying what I can under .001 next week. You do what you want. This is one risk WELL worth taking in my opinion. By the way, here's a few clients of Edwards Angell:
Bear Stearns
Citizen Bank
Columbia Capital
Fleet Boston
John Hancock Insurance
MassMutual
Merck Capital Ventures
PNC
Providence Equity
Providian
Travelers
UBS
Wells Fargo
Any of those ring a bell? LOL
Wow.
CMKX will be the stock of the month @ stock prowler .com (one word)
Go CMKX
[This message has been edited by ali (edited June 05, 2004).]
The ideas that some may have had about a scam are OUT of the PICTURE! If a scam is not out of the picture for some then they need to have the rest of the lobotomy performed and get it over with!
This is no hoax!
This is no dream!
This is exactly what we were told it would be!
I believe Urban will get his desire and see a million millionaires!
Some are still worried about the MM’s! I believe the MM's already know what they have to do! They have to buy retail and fill the naked shorts! They can only do this as people sell! So DON’T SELL!
If assumptions are right then there is NO FLOAT out there at all! Especially no float at the rate of 12-20 billion shares per day! I would be surprised if CMKX doesn’t already have the SEC watching this trading! Could be one reason way Urban chose a NY Law Firm is because MM’s from the U.S. are in on it and therefore the need for the NY Law Firm to be involved! In Canada evidently it is lawful to naked short an American stock so no laws would be broken there, but the U.S. is different. One of the reasons for a stall over the last 4 to 6 weeks could have been Urban and others gathering evidence!
Too, a NY Law firm would take an open and shut case for CMKX against the MM’s providing they determined the rules of engagement and enough evidence is provided to convince them of victory!
The only shares that have been available are the ones the share holders and Urban own! If no one sells their shares the MM's have to raise their offer/bid on what we have until it is reasonable enough for some to sell! Then the MM's will not resale that share they have to use it to cover a naked short they owe.
What appears to be happening is that some of the MM's are going to try and push the price up so they can sell high and then pull back hoping that the PPS will fall and they can then buy back in on the fears of those that see the pps drop and foolishly sell!
The whole point is to HOLD! If no shares are available for them to cover the MM's will have to push the price up into the pennies and above until they can buy enough to cover!
They are out of time! The strength of the communications/PR’s from Urban are causing a stir in the market plus the attention the investors are making is becoming a SERIOUS problem for the MM's. They are trying to drop the PPS and people keep buying in and moving it up! There are only so many O/S shares, and with the volume we have been seeing one would speculate that the O/S is near/over 40 billion with a day trade rate of 12-17 billion being traded! But we know the O/S is much lower for it was 37 billion in Feb, 2004 and Urban has been reportedly retiring shares since before the first of the year!
The ones holding are wondering who's selling! The ones selling are hoping others will sell so they can get back in! There are billions of shares being held by investors like us that are not being traded so one has to wonder if the MM's are still trying to Naked Short this stock, hoping against hope!
With 12 - 17 billion shares being traded daily either investors are selling on their buy line or some are taking a loss! Which causes us to ask the obvious question, if so WHY? The information points that institutional/MM’s are the one’s doing the majority of the buying. The MM's are beyond playing hardball, they are trying to create a bigger gap than what is currently in play! They need at least a 2 point gap before they can make any serious ground on this thing! In attempting to establish that gap the MM’s have been over selling or naked selling at .0003 and .0004 and have not been able to get the buy back at .0002 where they want it! They have already accepted that .0001 is history and are beginning to realize that .0002 is history as well and more than likely .0003 is gone! They are in need of shares but there desire to win has them shorting the stock more and more creating even a greater deficit than before!
I believe Urban KNOWS EXACTLY WHERE THE AUTHORIZED O/S’s ARE AT! So bring in the auditors and NY Law Firm to establish and protect the company, prove it to be a reputable and reportable company, expose the atrocities attempted and perpetrated by the MM’s and bring them to justice! Secure the O/S and report the share structure, bring the company up to cruising speed, set the depth for the PPS, and set sail for the Higher more reputable boards with more than a clean slate!
In a time when investors have been busted by corrupt company’s, individuals bankrupted, losing all of their savings and retirement, because of bogus company’s and Corporate No Goods!
In comes CMKX onto the major market scene having not only cleaned house but having 1. challenged and took on the giants/MM’s
2. defeated them and brought them to justice
3. Respected and protected the individual investor
4. In the midst of adversity the Company presses forward
5. Brings in one of the Largest Diamond Finds Ever with other valuable ores/minerals
6. Still has 1.9 million acres of potentially diamondiferous kimberlite aboard - untapped
7. Nearly unlimited growth expectations
With CMKX coming on the major markets with a tried and proven endurance record; Corporate officers proven to fight for the investor and share holder; corporate confidence by the investors in today’s market will go absolutely out of this world!
You can fill in the blanks with what would happen to the PPS!
Just my opinion and I ask that you treat it as such!
Dr.D
Melvin on IBC Radio 6/4/04
http://yazzi.com/cmkx/melvin_cmkx_ibc_radio_060404.mp3
Melvin on IBC Radio 6/1/04 http://yazzi.com/cmkx/melvin2.htm
Melvin on IBC Radio 5/28/04 http://yazzi.com/cmkx/melvin.htm
Sterling on IBC Radio http://yazzi.com/cmkx/sterling.htm
Let's start with the usual you all know me.
Last week I wrote now is the time part 1.
I wrote about what I know and how I was buying more for my wife.
As you can see I bought at 0002 didnt want to risk it running away from me.
Along the way I've always given you guys tips on how to play the market and insight.
One of my rules is never chase a stock let it come to you.When buying that is.
I broke this rule only once and that was this past week.
When I bought at 0002 when the bid was 0001 and ask of 0002.
This stock is different so so so different.
There is going to be NO keeping it back if your in thank the guy upstairs.
Now I've told you all that I will never tell you guys what to do with your shares.
It's your God given right to buy or sell when you want.
This is very different I am saying to all of you to HOLD HOLD HOLD.
Most of you if you have read my posts know that my first exit point was going to be 0011
That has been changed.
Now I will explain why it was 0011
I've noticed that in the sub pennies that 0009 and 0010 always seem to be a barrier for them.
When they pop this barrier the stock just runs.
So what I didnt want to do is if it broke through this barrier is miss the profits for my grandchildren.
Plus if any more news came out it would drive this stock crazy.
We all had lots of our friends and relatives laugh at us when we told them that we are investing into a diamond mine at 0001
Guess what those same people who laughed now all want in.
Is this happening to you guys too?
I've had the same people ask me the full name of the stock now.
Well they can have it now but it will cost them 0005 or more now come Monday.
There will be such a surge on Monday none of you will believe.
Well shouldnt say none on second thought alot of the oldtimers in here(LOL)it means more then week.
Know this puppy is for real they have done there DD.
The newbies that keep on coming in here are unbelieveable they have bought this stock and dont know squat.
Most of them haven't done any DD at all.
I would like to thank this board for taking it's time and explainning things to them.
Here's why there is a thread going around for song for CMKX.
I got a chuckle out of UC in the sky with diamonds.
But I believe our song should be "WE ARE FAMILY"
by the sly family.
UC confirmed this with his latest PR.
HE said we are a TEAM.
A simple but plain way of saying "THANK YOU" to you all.
He couldnt have done it alone.
He knows that.
It was from all of you believing in him.
He needed a slew of investors to raise some noise about what's going on with his stock.
You did this by simply signing the short petition.
Also another reason why I didnt put to much heart into Sterling's theories.
I knew that UC wouldnt let us down.
I personally love reading Sterling's comments because this man thinks like I do.
He always tries to piece things together and I enjoy his thinking outside the box.
It is a gift not to follow but to lead.
In my eyes we did closed at 0005
Jeff and nite schb are keeping this baby down but not for long.
The cork is about to pop they wont be able to keep it down.
As the longs continue to hold the weak hands will fold slowly at different levels
As more and more strongier hands get in this puppy will fly.
Funny that schb will only let you buy at 999,999 strange nope.
This is to tell the MM's that this is a long buying.
If you have noticed there are culprits in this and here they are=SCHB,NITE,JEFF these three are the ones artificial keeping this one down.
They are the ones buying to cover.
Check level 2 on Friday these three were the last on 0003 at ask and last on 0004 on the ask.
National came in at 0004 for brief moment JEFF took him out.
Uc has been kind in enough to allow this.
He knows they are the one's shorted yet he's given them chances to cover.
But they continued there game until Tuesday of this week.
Now they also know it's over.
Still UC hasn't dropped his bombs and believe me when I say this he has them.
On Monday we might even see a gap up first thing in the morning then settling some what.
Then up again I believe until to 0010
There is going to be a buying frenzy on Monday here's why.
Most of you have a 4 bagger now.
I bet there's enough boaster's in here to tell at least 4 people.Don't take offence I'm one too.
Ask my wife.(LOL)Those same people who laughed are going to throw money into this puppy.
Along with some big whales I know I'm one of them.
I am going back in for some more on Monday
You all can do what you want but remember one thing.
A train like this may only come once in your life dont miss out on the chance of a lifetime.
IMHO RM
these are my thoughts and should be viewed as such.I have more to say but have to go for now.
You all have a good day and we will see you all later on today
Great thread guys, I am glad the naysayer's posts have vanished an now it's just pure excitement and adrenaline over this stock exploding (like Mount St. Helens, LOL).
Kai
Go CMKX..GO QBID
[This message has been edited by cool1sh (edited June 05, 2004).]
quote:
Originally posted by WWJD-thru-me:
Tic_Toc-keep us posted. Everyone else be extra careful putting in your orders. I once sold quickly thinking I was buying and got priced out. It pays to be careful and no market orders ever.
Varok is well respected throughout the investing community. I like his thoughts, but I don’t like his thoughts about a 1 to 1,000 reverse split at .003 cent(s). I am sure that a reverse split will not be needed to meet the $3.00+ per share minimum bid requirement for the AMEX.
Varok mentioned a 1 to 1,000 reverse split at .003 cent(s), but many investors were told recently by Urban we would either not have a reverse split or he would consider one only after we are trading at .50+ cents with implications of going to a major exchange/market. We are worth .50 cents in value alone right now! (OK, in my opinion.)
Why would Urban do a reverse split before giving CMKX a fair opportunity to run to see if it will get there on its own merit? Especially at .003 cent(s) one will not be considered. We have too much good news coming that it would not surprise me to see .50 cents as the new low side for CMKX shares.
We should blow right past .003 cent(s) next week alone just by the PRs we've received this past week. It's good that we have the weekend for investors to get the word out even more and to let the power of these PRs set in and marinate on the minds of investors.
I understand Urban's reasoning for not doing a reverse split and to only consider doing one at .50 cents to get us to a higher exchange. If the Market Makers cover the 1 trillion shares short like they suppose too, Urban agrees that we should be well above the AMEX requirement I’m sure. A reverse split at .003 would give us a 1 to 1,000 ratio to meet the AMEX $3.00 bid requirement. A reverse split at .50 cents would give us a 1 to 6 ratio to meet the AMEX $3.00 bid requirement.
That is a huge difference from what Varok is saying. Varok is well respected and his thoughts are very conservative in my opinion, but should be considered by all. To make such statements though is like saying that he believes that CMKX will only get to .003 cent(s) to maximize its price before executing a reverse split. I strongly disagree. This again is extremely conservative. People will soon see that getting in at .003 cent(s) is a bargain and will be a has been. It’s ok to agree to disagree.
Urban knows that he would lose many investors by announcing a reverse split and many would sell to reduce the amount of investors into CMKX which could hinder the requirement for having a certain amount of investors for going to any of the major exchanges. If not, then we will go private as he has stated to investors to.
What I see Urban doing is not doing a reverse split because I believe he was sincere in what he personally told investors about not doing one. By “no reverse split” coming from his words is how he attracted many many investors. Many would feel betrayed. Urban is wise and doesn’t want to make investors feel that CMKX is just your average pink sheet stock. Urban will make the effort to allow for the covering to get us to the market requirements from which he is trying to obtain.
I see Urban forcing the MMs into a corner with giving them only two choices for covering. They will either cover to get us well above the requirement for us to enter a major exchange or he will take the company private. I'll explain that later.
The PRs this past week were like dropping the match on the fuse. I am sure that Urban sees that it would be very unwise to kill the current and upcoming momentum with a reverse split.
Urban has already proven to me that he is a genius with a very caring heart. I am convinced that if these are thoughts that I see, I’m sure that he is aware of these thoughts too.
All is well! http://www.sterlingsclass.com/
;-)
Sterling
_________________________________
May God Bless All.
quote:
Originally posted by SmokingUSA:
How am I going to get to buy
LOW if you guys don't SELL???
Actually I was wondering if
this is the same stock that
Kevin Bailey used to give
Ric Picks a hard time about.
Just think if you would of just kept
accumulating this one since back then.
WOW!!!!!!!!!!!!
One and the same!
quote:
Originally posted by sneaker68:
OK, gurus...I'm in 1000000 "strong" right now and would like to add. Your opinions to us newbies on what a good limit order would be for Monday? I'd like to add my match to the fire under the MMs!
I did break that rule with QBID. I am not one of those people who got in .0001, I got in at 0015. But I bought most of my shares at .0044 level. So far not bad..
Debi/Van,
Do you own QBID? If yes,, Congrats!! If not why not?
Thx.
quote:
Originally posted by VNGNTN1:
HEY COOL
How do you know if your'e in love or making a business decision? Time to get that pre_nup
VAN
[This message has been edited by cool1sh (edited June 05, 2004).]
Posted by: zeninvestor32
In reply to: None Date:6/5/2004 12:40:27 AM
Post #of 16194
A LAWYER'S VIEW ON THIS LATEST PR.
First things first, let me say that I will be buying the living nuts out of this stock on Monday. Ok, now that you know I'm slightly biased, here are my thoughts. All are my OPINION and as a lawyer I'll add thirty other disclaimers as to doing your own d**n due diligence. LOL
Ok, bottom line is that this is REALLY d**n impressive. This firm is ranked #133 based on revenue. Among counsel for debt underwriting, they rank number 10. And if you do a little research into their background and their partners, you will discover that they are one of the absolute LEADERS in dealing with private equity funds in the WORLD. Re-read that last sentence. That is not puffery. That is fact. Ask around my friends. I'm just telling you what I know. These guys are heavy hitters when it comes to financing and securities. As in the big boys.
In my opinion, there is a very clear reason as to why this company is bringing its filings and legal work to a law firm of this indisputable caliber prior to dealing with the SEC. There must be some very important things that must be handled. I know from experience that filing with the SEC to get OTC trading approval is something any two-bit securities attorney can handle. Yes, some suck at it and it will take longer but most competent attorneys can handle it for a LOT less than a top tier firm (and many probably for a cut in the action). But when you step up to a firm of EdwardsAngell's level, this is a whole new level. Now you are making sure that everything will be perfect. You are making sure that credibility, respect and thoroughness are attached to every letter on every document. Now ask yourself ... why would a company trading at .0001 earlier this week be going to these lengths? As a pink sheet, they don't have to and nobody would care much if they just used an average attorney. But they are not. They have selected from the best and probably picked one of a handful that has the unparalleled experience and connections with private equity funds that others cannot match.
Here's a link to confirm some information:
http://www.martindale.com/xp/Martindale/Lawyer_Locator/Search_Lawyer_Locator/alm_info.xml?alm_id=97&...
I'm also impressed that this press release went out tonight. It shows that the earlier press release wasn't just a pump. They followed up on it. Kudos to management for that effort.
My personal opinion is that this is a very, very unusual move for a pink sheet company to make. I've genuinely not heard of a pink sheet company before going with a law firm of this level for its filings. 99% of OTC stocks ALREADY LISTED don't go with a firm or accountant at this level.
Take it for what it's worth but this looks like a huge hint of epic proportions. Yes, this is all still risky as any submicropenny mining stock would be. But in my 10 years playing the pennies (a hobby of mine), I've not seen this.
Good luck to everyone. I'm buying what I can under .001 next week. You do what you want. This is one risk WELL worth taking in my opinion. By the way, here's a few clients of Edwards Angell:
Bear Stearns
Citizen Bank
Columbia Capital
Fleet Boston
John Hanthingy Insurance
MassMutual
Merck Capital Ventures
PNC
Providence Equity
Providian
Travelers
UBS
Wells Fargo
Any of those ring a bell? LOL
Wow.
----------------------------------------------------------------------
Correct link referenced in post:
http://www.martindale.com/xp/Martindale/Lawyer_Locator/Search_Lawyer_Locator/alm_info.xml?alm_id=97&flid=1577088
They say once maybe twice in a life time...
I really think we are memebers of the elite group that may have a chance of making enough money from one stock to change our lives...
I have been trading stocks for several years and have never had a situation like this... feels good... doesn't it...
Next week will be very interesting for CMKX, the shareholders and the market in general...
Watch for stock prowlers monthly pick tomorrow (6-6-04)... I would be surprised if it was not CMKX... if it's not, they have not done their homework...
GOOD LUCK TO ALL THE LONGS... I THINK IT'S OUR TURN...
Paul
------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.
quote:
Originally posted by PAUL:
Anything happen since Thursday night when I left?Paul
I may have to take off work Monday to watch this unfold... what do you think ???
quote:
Originally posted by joeyisthebest:
great post mizzou7 I am with ya but I have only been investing in the stock market since last year in Jan. I started the pennies in Feb of this year and CMKX was my first buy.
I am glad I've been holding CMKX since Feb.
quote:
Originally posted by joeyisthebest:
great post mizzou7 I am with ya but I have only been investing in the stock market since last year in Jan. I started the pennies in Feb of this year and CMKX was my first buy.
AMBUSED !!!
Perfectly timed ambush
UC, imo, executed one of the oldest tricks in the jungle,
with last night's well-timed news release.
The MMs were asleep, IMO, with limited access to their "files" over the weekend.
The MMs will really have to scramble to react to this NR before Monday morning,
The planners of this NR, imo would have realised, in advance, that key people in the organization may be hard to reach over the weekend, and some services that supply the MMs will be closed, etc., severely impacting the MMs attempt to prepare for this new twist
If such was the intention of the NR, I'd say Ambushed !!!
This is all speculation, but I could be right ....
MaddMaxx
quote:
Originally posted by cool1sh:
Anybody have any thoughts about the timing of the last PR. Is it like they just wanted to release it the same day and ended up releasing at 11:30et. Why didn't they wait until Mon. I think I am thinking too much becuz of this excitement
Posted by: average investor
In reply to: Cali_trader
Cali_trader - this has been discussed here today some. My guess you have either Scottrade or Schwab. It has been reported that neither of these brokers will let their customers buy CMKX and some other stocks.
The thinking is: Because of the HUGH amount of shorted shares out by certain MM's, Scottrade CEO of board of MM NITE (reportedly NITE VERY short), Schwab is also a MM in itself and reportedly short also.
By Short the speculation is NAKED SHORT shares not the normal short process.
Know one knows for sure but there is a HUGH belief that this is true by shareholders and reportedly by CMKX CEO also.
My idea at this time is that it is true.
-----------------------------------------
Seems to be valid since we've been hearing that CMKX is verry naked shorted. Why would Scottrade let SELL CMKMX but noy BUY? If they think CMKX is a scam, why'd a bigger broker like Ameritrade let you buy?
....
There's a rule that the market makers use ... a rule that only has less than two hundred words in it ... and that rule allows them to naked short an OTCBB or Pink Sheet stock into oblivion. It allows them to literally create, out of thin air, as many shares as they need, to maintain an orderly market.
"(B) Proprietary short sales
No member shall effect a “short” sale for its own account in any security unless the member or person associated with a member makes an affirmative determination that the member can borrow the securities or otherwise provide for delivery of the securities by the settlement date. This requirement will not apply to transactions in corporate debt securities, to bona fide market making transactions by a member in securities in which it is registered as a Nasdaq market maker, to bona fide market maker transactions in non-Nasdaq securities in which the market maker publishes a two-sided quotation in an independent quotation medium, or to transactions which result in fully hedged or arbitraged positions."
This rule allows a market maker to create a share in a company by simply taking the money from the buyer and making an electronic entry into their brokers' account, and the broker then electronically credits the buyer with one share of that company.
But several things that no one is aware of take place in this transaction.
1. The buyer thinks that his share actually exists, but unless he or she has read his account agreement very carefully, he won't understand that all he did is give money to someone other than the company and never got any actual proof of ownership. His certificate, presumably, is sitting at the DTCC.
2. The market maker filling the order for one share has the buyer's money, and gave nothing except electronic acknowledgement of receipt of it ... the electronic entry in the buyer's account.
One very important thing to understand here, is that at no point in this process, did the company in which the buyer 'invested' ever get one single dime of the money paid by the buyer for that share. There is a tremendous misconception out there that causes many to assume that when they buy a share of a company's stock, the company gets the money.
This is only true if the buyer is buying an IPO, or a private placement of shares from the company. In any other sale or purchase of a stock by an investor, the company does not even see the money.
This is particularly vexing when one begins to understand what happens in naked shorting situations. Situations where the provision that allows for naked shorting to maintain an orderly market is abused.
Understand that whoever is doing the naked shorting is the one receiving the money. They keep it. For as long as it is convenient to do so. That is where the abuse of the rule comes in.
That rule was created to allow for market makers, who by becoming market makers, agree to 'make a market' in certain stocks. That means that they will sell you a share, or buy a share from you, even if there isn't any available, or there are no other buyers for it. The Market makers' job is at least partly, to provide liquidity to the market. In thinly traded securities, or securities where there is a small public float, the market makers' ability to naked short is crucial to the liquidity of the market in that security.
The abuse takes place when the market maker for whatever reason determines that the market for a particular security has become "disorderly". Too much buying pressure, for instance, can cause a price spike in that security that would have no relationship to the true book value of the security. The market maker then determines that he will naked short to fill orders, knowing that by doing so, the price will not explode on unusually high demand because he can literally issue new shares under this rule. The market maker then waits, with an open naked short position in that stock, until the buying pressure subsides, and he can buy enough shares back at lower prices to cover his naked short position.
The rule does not have any time requirements and that allows for the market maker to keep a naked short position open for potentially years. In reality, until the buying pressure subsides enough for him to buy back at lower prices however many shares he needs to fill previously filled orders that make up his naked short position, it simply stays open, and the money sits in his account.
Someone is going to ask the question, "So, how big are all those naked short positions, anyhow?"
There is another provision that says that the market makers do not have to publish their open naked short positions. Never. At all. All OTCBB and Pink Sheet securities can be naked shorted - indefinitely - by market makers under this rule, and there is no way that an investor can discover if there is an open naked short position in a stock he may be interested in, or even how big that short position is.
So far, the SEC does not see a strong need to correct this situation, either.
[Mostly because the sheep...er, ah...investors are happy to hand their money to MM's without so much of a bleat of protest...everybody sing: please re-fleece me, take my cash, for I don't want it anymore...]
Think about it. There are unlimited amounts of shares that were never authorized or issued by a company made available to the unsuspecting investor. They are authorized and issued by the market makers under this rule, and the company never gets any money from the sale of shares created under this rule.
The temptation to abuse this rule is irresistable. Just do the math. A million naked shorted shares sold by a market maker at 0.01 (one cent) is $10,000 that the market maker keeps in his account, and that the company does not get. At 0.10 (ten cents) the market maker gets to keep $100,000. Now, that is for each million shares that the market maker creates.
Under this rule, if a company and/or a group of shareholders begin to suspect a short position exists in their security, they can not discover this from any published source. The price of the stock remains constant, or goes down, even though there is unusually heavy buying ... buying that goes on for years in some cases.
The company thinks that there is someone illegally shorting their stock in an attempt to ruin the company. The shareholders think that the company is illegally printing shares behind their backs and is scaming them. Eventually, this distrust between the company and it's shareholders becomes so great that investors start selling, or the company, already damaged by a supressed share price, is forced to issue additional shares into the market because other collateral-backed loans can not be made with share prices so suppressed.
This is what the market maker is waiting for ... sometimes for as long as years. In both cases, the market maker eventually gets his naked short position covered, and all it cost was the company's reputation, the shareholders' money, and the SEC's full cooperation by allowing this abuse of the rule.
There is a third situation that the market makers naked short into ... a stock that is a likely prospect for failure. In that case, they just continue naked shorting no matter what, keeping the price suppressed, and eventually the company files for bankruptcy, and ... the company goes out of business, the shareholders lose their investment ... and the market maker keeps the proceeds of his continued naked shorting.
A good question for the SEC would be, "Seeing as how the companies that failed never got the proceeds of the sale of stock over and above their issued and outstanding, but the market makers did, isn't the SEC allowing actual fraud to take place, and condoning it by the creation and continued existance of this rule?"
Like it or not, the SEC has allowed securities fraud to run rampant in the OTCBB and Pink sheet stock markets by simply looking the other way and allowing the market makers to target the OTCBB and Pink sheet markets as a source of huge amounts of cash, literally stolen from investors by the third party creation of shares by an entity other than the the issure - the company.
This rule is nothing less than blanket permission by the SEC for market makers to become the issuers of company stock, no matter what the company's official authorized and issued amounts are.
And that, my friends and fellow investors, is securities fraud on a scale almost beyond comprehension.
I can not believe I saw 4 CMKX threads (or 5?) in the Allstocks page.
Good luck to you guys.
[This message has been edited by TruthTeller (edited June 05, 2004).]
On the other hand, I can see that we all working as a team. I could not help seeing how some of you actually telling rickpic to buy some shares so he is not left out. This is very nice - and I think being and working as a team, we will be rewarded on the end.
And lastly, my mom was reading my astrology back in January of this year, and mention that by the end of this year I will have a lot of money. I did not take this to my heart then, but now I am more and more starting to believe that she might be right!
Good luck to all of you, and remember if you cash big, start looking for someone professional to reduce your taxes (like Debi :-) She is smart cookie around here and very generous).
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
On the other hand, I can see that we all working as a team. I could not help seeing how some of you actually telling rickpic to buy some shares so he is not left out. This is very nice - and I think being and working as a team, we will be rewarded on the end.
And lastly, my mom was reading my astrology back in January of this year, and mention that by the end of this year I will have a lot of money. I did not take this to my heart then, but now I am more and more starting to believe that she might be right!
Good luck to all of you, and remember if you cash big, start looking for someone professional to reduce your taxes (like Debi :-) She is smart cookie around here and very generous).
TRADING WIZARD-AGREE WITH THAT
Do all you people need a brain...
Even a technicolor dream can make you feel good! lol..
HMMMMMMM WHAT DO THEY KNOW THAT WE DON'T!
BETTER HOLD ALL THIS VOLUME IS FROM THE MM'S
WHY?
[This message has been edited by highwaychild (edited June 05, 2004).]
quote:
Originally posted by highwaychild:
Your an idiot,your just bashin' to be bashin' ,and your not even any good at it V.
I am not bashing to be bashing. (add G to end of bashin)(You're means you are not your)
I have my opinions and I will voice them.
This is America and freedom of speech as far as I know is still written in our constitution.
Click your ruby slippers together and you will probably find that kimberlite pipe that UC is looking for.
quote:
Originally posted by vado:
MM's that's all i hear......
Their pps is low because their Market CAP is low and their OS is HIGH.
I think they are already overvalued at .0004.
We'll see monday when the bottom drops off and it's back down to .0001.
Let me have it......
let you have what? a loan .shouldn't be to hard for us cmkx believers give us a few weeks im sure we can come up with it
quote:
Originally posted by vado:
...Click your ruby slippers together and you will probably find that kimberlite pipe that UC is looking for.
V, UC found the kimberlite pipe, it's the diamonds we're waiting for!
<click><click><click>
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
quote:
Originally posted by TradingWizard:
I just have a feeling that if the stock goes up to 25 dollars and this thread still keeps going, the 'very welcome basher Vado' will still say scam. Come on Vado, wake up and smell the coffee and get into the game as all of us. We are all here for the money, and if you not in and keep comming back, you better waste your time somewhere else.
We all did our DD and if we loose we know what we will loose!!!!
If this stock goes up to $25.00...I will kiss your boots.
I don't see that ever happening.
I just like to stir things up a little here on the CMKX board.
I like you guys a lot.
quote:
Originally posted by pharmdman:
V, UC found the kimberlite pipe, it's the diamonds we're waiting for!
<click><click><click>
quote:
Originally posted by vado:
If this stock goes up to $25.00...I will kiss your boots.
I don't see that ever happening.
I just like to stir things up a little here on the CMKX board.I like you guys a lot.
Vado, this is the nicest thing I every read from you. So along with Upside you are invited to the party! :-))) I too wished you own some shares so you are not left out if it goes for the up ride!!!!
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
[This message has been edited by Booty Quest (edited June 05, 2004).]
quote:
Originally posted by emediamethod:
I have 52 million shares, purchased a month ago at .0001...I hope this thing goes to the moon! But,, all this talk about .50 by august
is just not going to happen..That would make this company worth more then INTEL...If she
goes to 1 or 2 cents,,,I'll be gone with my
half to a million dollars.......
WELCOME TO THE 50+ MILLION CMKX KIDS CLUB
________________________________________
HOLDING ALMOST 52 MILLION CMKX SHARES
------------------
IN SUB-PENNY WE TRUST
quote:
Originally posted by Booty Quest:
Stock P r o w l e r dot com picked Bibo as their monthly pick, but issued the watch on CMKX. This site is highly successful and many follow them religiously. Check their record on their site. And watch Bibo on Monday.
THOSE RECORDS WERE POSTED BY SOMEONE LIKE US. I'LL BET THEY MAKE SURE THEY'RE IN BEFORE THEY EMAIL YOU THE PICK OF THE MONTH.
CMKX IS THE PICK OF THE MONTH FOR JUNE AND QBID WILL BE FOR JULY
------------------
IN SUB-PENNY WE TRUST
quote:
Originally posted by fjean:
THOSE RECORDS WERE POSTED BY SOMEONE LIKE US. I'LL BET THEY MAKE SURE THEY'RE IN BEFORE THEY EMAIL YOU THE PICK OF THE MONTH.CMKX IS THE PICK OF THE MONTH FOR JUNE AND QBID WILL BE FOR JULY
What?!!! You are WRONG! Simply go to their site- Stock P r o w l e r dot com. Nobody emailed me.
[This message has been edited by Booty Quest (edited June 06, 2004).]
I will try to find a way to buy both of these on Monday. Holding 10mil CMKX, but am jealous of those with more. Plus, PharmDMan is gonna try to catch up with me and i must always keep 1 step ahead of his gay a$$!
CMKX News and Volume
« Thread started on: 06/02/2004
--------------------------------------------------------------------------------
CMKX News and volume CMKX Results!
http://www.*********************
CMKX message board
CMKX RB Message board
http://www.ragingbull.lycos.com/mboard/boards.cgi?board=CMKX
http://www.******************.com/index.php??
Stockhouse message board.
http://www.stockhouse.ca/bullboards/forum.asp?symbol=CMKX&table=LIST
CMKX message board.
The lion has a CMKX message board
http://www.thelion.com
http://www.**************.com/board/cgi-bin/yabb/YaBB.pl?board=Stockstips;action=display;num=1085849016
Invetorshub Stock message board for CMKX
aLOT OF NEWS
http://www.investorshub.com/boards/board.asp?board_id=1561
Many stock boards.
Yahoo CMKX message board
http://finance.groups.yahoo.com/group/cmkxtrememachine/
o http://www.boardcentral.com i
Free real time quotes CMKX message board. I dont think you need to be registered to read them, but to post you need to register.
Another CMKX forum
http://forums.offtopic.com/showthread.php?p=19372100#post19372100
Silicon Investor message board
http://www.siliconinvestor.com/stocktalk/subject.gsp?subjectid=54716
VOLUME IS huge! Small Cap centrer volume
http://www.smallcapcenter.com/snapshot_quote.asp?component=compinfo.asp&page=snapshot.asp&ticker=CMKX
http://www.cmkxtreme.com/ mid month CMKX racing news
MRX next car race
http://www.jeffarend.com/schedule.htm
www.cmkxtreme.com or www.jeffarend.com.
MKX Diamonds & Nitro! last week racing news.
http://www.motocrosscanada.ca/demos/prnmag/modules.php?op=modload&name=News&file=article&sid=53
Melvin speaks
Melvin on IBC Radio Today 6/1 (Mp3 Link)
quote:
Originally posted by vado:
MM's that's all i hear......
Their pps is low because their Market CAP is low and their OS is HIGH.
I think they are already overvalued at .0004.
We'll see monday when the bottom drops off and it's back down to .0001.
Let me have it......
quote:
Originally posted by vado:
MM's that's all i hear......
Their pps is low because their Market CAP is low and their OS is HIGH.
I think they are already overvalued at .0004.
We'll see monday when the bottom drops off and it's back down to .0001.
Let me have it......
Your the same jerk that was bashing QBID. Go out and find something to do. You'll be better off. If nothing else play in the traffic.
quote:
Originally posted by Booty Quest:
...I will try to find a way to buy both of these on Monday. Holding 10mil CMKX, but am jealous of those with more. Plus, PharmDMan is gonna try to catch up with me and i must always keep 1 step ahead of his gay a$$!
LMAO... don't make me b\tch-slap you!
P.S: Dude, first know what is reverse split then talk about CMKX. You started a new thread about HVNR saying how it went from 0001 to .95 (it was r/s)
[This message has been edited by TruthTeller (edited June 06, 2004).]
statement ..("There is no guarantee that further exploration or drilling will produce any economic benefit to the company or the shareholders of the company") has been omitted from the end of the last 3 PRs?
quote:
Originally posted by mizzou7:mizzou what are you saying here? my take is the omission from the last three pr's is positive,do you concur... rivercity
From another board...statement ..("There is no guarantee that further exploration or drilling will produce any economic benefit to the company or the shareholders of the company") has been omitted from the end of the last 3 PRs?
LMAO... don't make me b\tch-slap you!
---------------------------------------------
May I suggest a Dual!
Pickles at Dawn.
[This message has been edited by highwaychild (edited June 06, 2004).]
Ain't life a pickle!
quote:
Originally posted by WWJD-thru-me:
WOW-A lot of posts. Thanks Trading Wizard and Klempar for the kind words one page back. This is going to be an exciting 2 weeks or so. As for who is buying more on Monday count me in. I will be buying if they are selling. If it goes to .0001 as one person suggested, Great, I will buy multiple millions more. I am expecting to pay .0005. The day of reckoning is here for the Naked Short Sellers in this security. They are allowed to naked short to create an orderly market but they are not allowed to try to ruin a company and they are supposed to make sure shares are available. We still don't know the share count or the value of the kimberlite/diamond fields. A $1 a share with 500 Billion shares out would be hard to believe. But and this is total speculation- But,if a much lower share count plus a diamond find confirmed by the 4 mining companies we do business with and 2 labs is released and a low ball guesstimate on the mineral rights for all of our mineral claims is given then $1 would be possible even outside of the Naked Short position. This is going to be one wild ride. I plan on buying more so I can take some profits along the way but not miss out on thebigger gains.
wwjd-you are welcome,this is my ferst pink I ever start trade for 5y trading,now I bought level2 from ALPHATRADE and tell you this em exited like I would trade NASDAG stock just awsome. Otherwise MALVIN comfirm that they are working on OTCBB listing as we speak. To me is a signal of more to come we will se in upcoming PR's finely numbers what's the float and O/S ,any board you gona load there is talk about CMKX it's world wild folk's and if this is only pump (which I doubt that) THAN WHOEVER bash this stock is MORON couse he missing the boat of the lifetime, I am from Czech republic living CANADA I member one of the bigest message board in are country there is topic CMKX busy just like here,same germany,fr,austr,ital... end rest of europe, URBAN promise that there wil be no R/S unles we gona trade .50 than he would to try move on NASDAG , well so far OTCBB, gonna be enough take CMKX to .01 anybody styl doubt that than, there is no help for you outhere. I am not seying that next we gonna see 01, but MONDAY morning will start with heavy buying on the ask meaby open gup .0005 and we might see .0007-.0008 there gonna be some sels afternon might even test it the bigest rof .0010 from there we are on right direction, the ded line is 23 june to be listed on OTCBB so I expet. now PR's every week with continues steady rising of PPs. good luck to all and don't lisn bashers not even pumper's read the PR's and behave like MARKET TRADER........OUT
Repost: Interesting. Now why would a .0001 company bring in a big-boys law firm? Lead counsel for CMKX is a partner at the firm with lots of experience, clout, and roots at the SEC. Any yahtzee law firm can get them on the OTCBB. Why would they hire such a prestigous firm. And why is a partner the lead counself for this? Better yet, why did a law firm of this caliber accept them as a client and stick a partner as the lead counsel.
Care to see their client list (among others)? (topic picked back up below after client list)
Alta Communications
American International Group
Amtrak
Bacou-Dalloz, USA, Inc.
Battery Ventures
Bear Stearns & Co.
Brown Brothers Harriman & Co.
Brown University
Citizens Bank
Clear Channel Communications
Columbia Capital
Conair Corporation
CrossBow Ventures
CVS
Dana-Farber Cancer Institute
Dobson Communications Corp.
Employers Reinsurance Corporation
FleetBoston
Genzyme Corporation
Gerber Life Insurance Company
GTECH Corporation
Gulf Insurance Company
Halliburton
Harvard University
John Hancock Life Insurance Company
Johns Hopkins University
JP Morgan Partners
Key Bank
King Pharmaceuticals
M/C Venture Partners
MassMutual Life Insurance Company
Merck Capital Ventures LLC
Nautic Partners
NBC
NCR Corporation
Northwest Airlines
Owens Corning
Pitney Bowes Inc.
PNC Financial Services Group
priceline.com Incorporated
Providence Equity Partners
Providian Financial Corp
Rohm and Haas Company
SmurFit-Stone Container Corporation
South Florida Water Management District
Spectrum Equity Investors
St. Elizabeth Medical Center of Boston, Inc.
Takeda Chemical Industries, Ltd.
Textron Financial
The Thomson Corporation
Travelers Property Casualty Corp.
Twentieth Century Fox Film Corporation
UBS Financial Services Inc.
University of Florida Research Foundation, Inc.
University of Vermont
Wellman Inc.
Wells Fargo
If this was a small deal for the law firm, you would think they would stick an intern or newbie as the lead, but it appears to the Law Firm they need to put a partner on the assignment as lead counsel.
you are right. this is a canadian penny stock mining company, has been non-reporting, is on the pink sheets, sat at .0001 with no bid for several weeks, has an A/S of 500 billion shares, and owns a bunch of farm land in Canada.
however, a former lead geologist for DeBeers joined this little company, and has valued their claims of 1.5 million or so acres at 40-60 billion dollars. It is rumored the O/S is less than 50 billion, but even worst case scenario, with this valuation, and a 500 O/S, intrinsic value would be $0.08 -$0.12/share (40 or 60/500). Now if the O/S is 50 billion, the intrinsic value would be $0.80 - $1.20 / share.
when Urban took the company off the otcbb, it opened the doors for him to do a lot of things off the record that a non-reporting company can do. He did not have to disclose the O/S, nor did he have to disclose pretty much anything.
The MM's went crazy and shorted the snot out of it. In essence they "boxed it in" at .0001. If any buying pressure came, they let it rise, and then naked shorted it back down. Most companies either go out of business, or do a R/S to emerge from boxing in, but that drives off shareholders, and the shorting continues. After all, short it! This is a company with nothing. No assets, no revenues, etc. Naked shorting has put a ton of businesses out of business, and has lotst billions of investors dollars.
I have heard from several trusted sources that the estimated short-position on CMKX is about 1 Trillion shares.
If CMKX has diamonds, they are in no position to mine it. There are several small diamond mining publically traded companies operating in the region, but DeBeers is the one right next door to the claims. In fact, of the 1.5 million acres CMKX has, DeBeers has about 50,000 acres, and CMKX surrounds DeBeers. In essence UC stole the claims from DeBeers. It came time to sign for the claims, and there was a big snow storm, and all flights were canceled. DeBeers was not able to get there in time. UC came in and basically "claimed" the claims.
Once having obtained the claims they partnered with some JV's to obtain funding for ariel surveys (very expensive for small timers), and used the results to know where to drill.
They drill in huge kimberlite pipes, and the results should be released soon of those tests.
So now, supposedly they have diamonds and a whole lot of them, and one HUGE naked short position.... This possibly could be the naked short for the ages.
By signing a TOP law firm from NY whose client list includes many companies on the Nasdaq and NYSE, and on top of that have a PARTNER as lead counsel, this leads me to believe the diamond results are positive, hence hiring the best of the best. If they were looking to "just start reporting" and go to the otcbb, they would have hired a much cheaper law firm. Also, something had to have been there for the law firm to say "yes, I will represent you, and you will be my client, and we will have a partner be lead counsel".
In addition, the reason they may have increased the A/S was to ensure they would have 51% majority interest in case of a hostile take over.
They may have hired the law firm to make them fully reporting in anticipation of joining and exchange and getting off the pink sheets, OR to make sure all of their ducks are in line for a buyout by a major diamond mining company.
There is a shortage of diamonds, and several of DeBeers biggest mines have significantly dropped in production. With a stranglehold on the diamond market for decades, DeBeers has slowly been losing market share to smaller diamond mining companies. Canada is supposed to be the next major mining area of Diamonds for the next 30 years. I would think someone big will want a peice of it if there are as many Diamonds as the lead geologist says there are.
so yes, this is as speculative as it gets. It trades at several hundreths of a penny. What ever you buy could be worthless. Based on recent events I think otherwise.
it closed at .0004 today, and most of the MM's are parked at .0005 for Monday. You could still get 1,000,000 shares at .0005 for $500. :O)
will it go to zero? maybe. If it goes higher, how high will it go? Anyone's guess.
as for me: 10,000,000 shares and holding from .0002 :O)
_____________________________________
May God Bless All.
Has anyone else had this problem with CMKM stocksplit?
11/30/2003
Dar
2849 N. Palo Verde Blvd.
Lake Havasu City, AZ 86404
To Whom It May Concern;
I have addressed this issue previously with etrade and am not satisfied of the explanation provided to me by etrade brokerage. Etrade Brokerage claims that because I did not hold my shares of CMKM (Casavant Mining Kimberlite International) through 09/29/2003 I am not to be awarded additional CMKM shares. The president of CMKM states that shares only need be held through close of business September 12th, 2003. I have printed my records of executed trades with etrade and through 09/09/2003 I had purchased 15,000,000 CMKM shares between 8/20/2003 and 9/9/2003. With a three day settlement period, these same shares would have been in my account on 9/12/2003. I also purchased 3,500,000 on 9/10/2003. Counting the 10th, 11th, and 12th, these shares should also have been in my account on the 09/12/2003 record date of close. I sold 5,500,000 on 09/12/2003. Even if the shares purchased on 09/10/2003 were not recognized, after selling the 5,500,000 on 09/12/2003 I would still have been holding 9,500,000 shares at close of business day on 09/12/2003. The shares (3,500,000) purchased on 09/10/2003 would have brought my account to 13,000,000 shares as of close of business on 09/12/2003. At the end of September etrade placed an additional 1,000,000 shares in my account to match the 1,000,000 shares I still held on 09/29/2003. When I called to inquire of the matter I was informed by etrade that I was only due a matching amount of shares that I held on 09/29/2003 (1,000,000). According to an Oct 3, 2003/PRNewswire-FirstCall via COMTEX that I printed from etrade site, etrade is in error with there assumption. The followiing is the News Wire...
Urban Casavant, President of Casavant Mining Kimberlite International (OTC: CMKM) would like to clarify that the payable date for the 2-1 forward stock split will be Monday September 29, 2003. This means that all shareholders who hold CMKM stock through close of market Friday September 12, 2003 will receive one additional CMKM share of stock for every share that they hold through September 12, 2003 the X dividend date, and be paid extra shares by September 29, 2003. Casavant Mining Kimberlite International Board of directors have also approved the spin-out of the corporate zinc deposits at George Lake, Saskatchewan, its wholly owned subsidiary Casavant Mining International, Inc. (CMI). Shareholders of record who hold CMKM stock through close of market on Friday September 19, 2003 will receive one share of CMI stock for every share of CMKM stock that they hold through this date. The payable date for the CMI shares of stock will be Friday October 3, 2003. CMKM shareholders of record at the time will receive one share in CMI stock for every share they hold and will continue to own their CMKM stock. This spin-out will enable CMKM to concentrate on diamond exploration and development at Forte a la Corne, Saskatchewan. If shareholders sell their CMKM stock before September 12, 2003 or September 19, 2003 they will forfeit their rights to receive dividends for CMKM stock split or CMI stock. Drilling information will also be released shortly. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements, other than the statements of historical facts may be deemed to contain forward-looking statements with respect to events, the occurrence of which involves risk and uncertainties, including, without limitation, demand and competition for the company's products and services, the availability to the company of adequate financing to support its anticipated activities, the ability of the company to generate cash flow from operations and the ability of the company to manage its operations. SOURCE Casavant Mining Kimberlite International -0- 08/22/2003 /CONTACT: Melvin O'Neil of Casavant Mining Kimberlite International, Diamonds Hotline, +1-306-752-3755, +1-877-752-3755, fax, +1-306-752-3754, ipr@sasktel.net/ (CMKM) CO: Casavant Mining Kimberlite International ST: Nevada IN: MNG OTC SU:
This is a follow up News Wire.....
Company News and Press Releases From Other Sources:
Casavant Mining Kimberlite International Clarifies Record Date for CMKM 2 for 1 Stock Split
LAS VEGAS, Oct 3, 2003 /PRNewswire-FirstCall via COMTEX/ -- Urban Casavant, President of Casavant Mining Kimberlite International (Pink Sheets: CMKM) would like to clarify that the record date for the 2-1 forward stock split was September 12, 2003. This means that all shareholders who held CMKM stock through close of market Friday, September 12, 2003 receive one additional CMKM share of stock for every share held through September 12, 2003. Stock was to be paid into stockholders accounts after September 29, 2003.
Casavant Mining Kimberlite International has received several calls from shareholders that brokers are only crediting their accounts for shares of CMKM stock that they had in their accounts as of September 29, 2003. This is not correct. Thus many shareholders are deficient shares owed to them. Shares of stock for the 2 for 1 stock split should be paid for shares held through the close of business September 12, 2003.
If you have questions regarding deficient shares in your account please contact your broker to correct the situation.
CMKI is also planning to retire more shares of CMKM stock and will announce the total amount retired and the certificates next week.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements, other than the statements of historical facts may be deemed to contain forward-looking statements with respect to events, the occurrence of which involves risk and uncertainties, including, without limitation, demand and competition for the company's products and services, the availability to the company of adequate financing to support its anticipated activities, the ability of the company to generate cash flow from operations and the ability of the company to manage its operations.
SOURCE Casavant Mining Kimberlite International
The following is a list of executed fill orders downloaded from my etrade account.
Orders †= Share-weighted Average * = 9-Sec Guarantee Eligible
Date Order
Type Quantity Security Price
Type Exec
Price Price Bid Ask Order # Status
10/27/03 Sell 2,500,000 CMKM
Day/ Market
0.00
Mkt
-- -- 950 Executed
10/23/03 Buy 1,500,000 CMKM
GTC/ Limit
0.0001
0.0001
-- -- 913 Executed
10/23/03 Buy 1,000,000 CMKM
GTC/ Limit
0.0001
0.0002
-- -- 911 Executed
10/07/03 Sell 2,000,000 CMKM
Day/ Market
0.0001
Mkt
-- -- 756 Executed
09/16/03 Sell 7,000,000 CMKM
GTC/ Limit
0.0002 â€
0.0002
-- -- 397 Executed
09/15/03 Sell 5,000,000 CMKM
GTC/ Limit
0.0002
0.0002
-- -- 369 Executed
09/12/03 Sell 2,000,000 CMKM
Day/ Limit
0.0002
0.0002
-- -- 360 Executed
09/12/03 Sell 3,500,000 CMKM
Day/ Limit
0.0002 â€
0.0002
-- -- 357 Executed
09/10/03 Buy 1,000,000 CMKM
GTC/ Limit
0.0003 â€
0.0003
-- -- 312 Executed
09/10/03 Buy 1,500,000 CMKM
GTC/ Limit
0.0003
0.0004
-- -- 309 Executed
09/09/03 Buy 5,000,000 CMKM
GTC/ Limit
0.0003
0.0003
-- -- 255 Executed
09/09/03 Buy 1,825,000 CMKM
GTC/ Limit
0.0003
0.0003
-- -- 225 Executed
09/08/03 Buy 175,000 CMKM
GTC/ Limit
0.0003
0.0004
-- -- 199 Executed
09/04/03 Buy 1,100,000 CMKM
Day/ Limit
0.0003
0.0003
-- -- 163 Executed
08/21/03 Buy 3,000,000 CMKM
GTC/ Limit
0.0003
0.0003
-- -- 85 Executed
08/20/03 Buy 1,400,000 CMKM
Day/ Limit
0.0004
0.0004
-- -- 81 Executed
08/20/03 Buy 500,000 CMKM
Day/ Limit
0.0004
0.0004
-- -- 77 Executed
08/20/03 Buy 2,000,000 CMKM
GTC/ Limit
0.0004
0.0004
As you can see, I am still owed millions of shares of CMKM stock. I was told on 12/2/03 that an ETRADE banking official had reviewed my case and again denied my claim for shares as I did not hold all shares through Sept. 29th, 2003. Believe it or not, I copied these articles from etrade website. I have also witnessed posting on the Raging Bull CMKM stock message board that state that some people were paid more than they had coming, and others appear to be in the same situation as I find myself. CMKM board post #9842 claims to have been grossly overpaid and post 10973 claims to have received double. Post 10904 claims to have bought the stock on 9/12 and although the trade could not have been settled they received shares. Etrade claims that I had to have the stock certs and hold the shares until 9/29 to receive the shares I expected. Is there anything you could possibly do to draw more attention to this matter or possibly enlighten me to my misunderstandings? The way brokerage houses penalize traders swiftly and severely, if I am owed these shares would I not be entitled to additional damages? With the SEC seeming to notice the OTCBB trading levels and corruption suspicions, maybe a letter in that direction next? Reply would be greatly appreciated.
- Disgruntled Trader
------------------
Due Da Due......But Be Quick About It!!!!!
DaDog
[This message has been edited by dardadog (edited June 06, 2004).]
quote:
Originally posted by rivercity:
What is your opinion on what's happening with CMKX... you seem to be a valued member of allstocks and well respected... why would you have sold this stock last fall ?
For what it was worth, would it not have been better to hold ?
On our way boys, on our way...
quote:
Originally posted by Bam Bam 17:
By; olico
http://www.ragingbull.lycos.com/mboard/boards.cgi?board=CMKX&read=261057Repost: Interesting. Now why would a .0001 company bring in a big-boys law firm? Lead counsel for CMKX is a partner at the firm with lots of experience, clout, and roots at the SEC. Any yahtzee law firm can get them on the OTCBB. Why would they hire such a prestigous firm. And why is a partner the lead counself for this? Better yet, why did a law firm of this caliber accept them as a client and stick a partner as the lead counsel.
Care to see their client list (among others)? (topic picked back up below after client list)
Alta Communications
American International Group
Amtrak
Bacou-Dalloz, USA, Inc.
Battery Ventures
Bear Stearns & Co.
Brown Brothers Harriman & Co.
Brown University
Citizens Bank
Clear Channel Communications
Columbia Capital
Conair Corporation
CrossBow Ventures
CVS
Dana-Farber Cancer Institute
Dobson Communications Corp.
Employers Reinsurance Corporation
FleetBoston
Genzyme Corporation
Gerber Life Insurance Company
GTECH Corporation
Gulf Insurance Company
Halliburton
Harvard University
John Hancock Life Insurance Company
Johns Hopkins University
JP Morgan Partners
Key Bank
King Pharmaceuticals
M/C Venture Partners
MassMutual Life Insurance Company
Merck Capital Ventures LLC
Nautic Partners
NBC
NCR Corporation
Northwest Airlines
Owens Corning
Pitney Bowes Inc.
PNC Financial Services Group
priceline.com Incorporated
Providence Equity Partners
Providian Financial Corp
Rohm and Haas Company
SmurFit-Stone Container Corporation
South Florida Water Management District
Spectrum Equity Investors
St. Elizabeth Medical Center of Boston, Inc.
Takeda Chemical Industries, Ltd.
Textron Financial
The Thomson Corporation
Travelers Property Casualty Corp.
Twentieth Century Fox Film Corporation
UBS Financial Services Inc.
University of Florida Research Foundation, Inc.
University of Vermont
Wellman Inc.
Wells FargoIf this was a small deal for the law firm, you would think they would stick an intern or newbie as the lead, but it appears to the Law Firm they need to put a partner on the assignment as lead counsel.
you are right. this is a canadian penny stock mining company, has been non-reporting, is on the pink sheets, sat at .0001 with no bid for several weeks, has an A/S of 500 billion shares, and owns a bunch of farm land in Canada.
however, a former lead geologist for DeBeers joined this little company, and has valued their claims of 1.5 million or so acres at 40-60 billion dollars. It is rumored the O/S is less than 50 billion, but even worst case scenario, with this valuation, and a 500 O/S, intrinsic value would be $0.08 -$0.12/share (40 or 60/500). Now if the O/S is 50 billion, the intrinsic value would be $0.80 - $1.20 / share.
when Urban took the company off the otcbb, it opened the doors for him to do a lot of things off the record that a non-reporting company can do. He did not have to disclose the O/S, nor did he have to disclose pretty much anything.
The MM's went crazy and shorted the snot out of it. In essence they "boxed it in" at .0001. If any buying pressure came, they let it rise, and then naked shorted it back down. Most companies either go out of business, or do a R/S to emerge from boxing in, but that drives off shareholders, and the shorting continues. After all, short it! This is a company with nothing. No assets, no revenues, etc. Naked shorting has put a ton of businesses out of business, and has lotst billions of investors dollars.
I have heard from several trusted sources that the estimated short-position on CMKX is about 1 Trillion shares.
If CMKX has diamonds, they are in no position to mine it. There are several small diamond mining publically traded companies operating in the region, but DeBeers is the one right next door to the claims. In fact, of the 1.5 million acres CMKX has, DeBeers has about 50,000 acres, and CMKX surrounds DeBeers. In essence UC stole the claims from DeBeers. It came time to sign for the claims, and there was a big snow storm, and all flights were canceled. DeBeers was not able to get there in time. UC came in and basically "claimed" the claims.
Once having obtained the claims they partnered with some JV's to obtain funding for ariel surveys (very expensive for small timers), and used the results to know where to drill.
They drill in huge kimberlite pipes, and the results should be released soon of those tests.
So now, supposedly they have diamonds and a whole lot of them, and one HUGE naked short position.... This possibly could be the naked short for the ages.
By signing a TOP law firm from NY whose client list includes many companies on the Nasdaq and NYSE, and on top of that have a PARTNER as lead counsel, this leads me to believe the diamond results are positive, hence hiring the best of the best. If they were looking to "just start reporting" and go to the otcbb, they would have hired a much cheaper law firm. Also, something had to have been there for the law firm to say "yes, I will represent you, and you will be my client, and we will have a partner be lead counsel".
In addition, the reason they may have increased the A/S was to ensure they would have 51% majority interest in case of a hostile take over.
They may have hired the law firm to make them fully reporting in anticipation of joining and exchange and getting off the pink sheets, OR to make sure all of their ducks are in line for a buyout by a major diamond mining company.
There is a shortage of diamonds, and several of DeBeers biggest mines have significantly dropped in production. With a stranglehold on the diamond market for decades, DeBeers has slowly been losing market share to smaller diamond mining companies. Canada is supposed to be the next major mining area of Diamonds for the next 30 years. I would think someone big will want a peice of it if there are as many Diamonds as the lead geologist says there are.
so yes, this is as speculative as it gets. It trades at several hundreths of a penny. What ever you buy could be worthless. Based on recent events I think otherwise.
it closed at .0004 today, and most of the MM's are parked at .0005 for Monday. You could still get 1,000,000 shares at .0005 for $500. :O)
will it go to zero? maybe. If it goes higher, how high will it go? Anyone's guess.
as for me: 10,000,000 shares and holding from .0002 :O)
_____________________________________
May God Bless All.
May God Bless All.
quote:
Originally posted by bobsgolf:
Your the same jerk that was bashing QBID. Go out and find something to do. You'll be better off. If nothing else play in the traffic.
When did I ever bashed QBID..never...get your facts straight before you accuse.
I am also not bashing CMKX...like I said I was stirring things up.
I own only 500k shares.
I am in it also but I don't truely believe this will go too far or I would buy more.
I believe if this makes it to .001 it will be a miracle.
I guess stranger things have happened.
quote:
Originally posted by vado:
It finally went through......that's good at least I got my 50 bucks back - the commission.
At least I know for sure you can sell at a loss.
On page 16 you said you got out back when we were .0001...what you got back in V?
quote:
Originally posted by highwaychild:
On page 16 you said you got out back when we were .0001...what you got back in V?
Yeah I did..get my $50 back...but I had a 1mil shares.
I sold half of my position.
I'm holding the other half because you never know..even a scam can make you some money.
The only reason why we pay so much more for diamonds today than for other precious gems is because the diamond market is controlled almost entirely by a single diamond cartel, called De Beers Consolidated Mines, Ltd., which is based in South Africa.
De Beers stockpiles diamonds mined from countries around the world and releases a limited number of diamonds for sale each year. De Beers produces half of the world's diamond's supply and controls about two-thirds of the entire world market, according to a Washington Post report. At times, just to keep prices up, De Beers has bought tremendous numbers of diamonds from countries attempting to inject large quantities into the market. If De Beers were a U.S.-based company, it would be in violation of antitrust laws for fixing the prices of diamonds
quote:
Originally posted by TruthTeller:
I don't have CMKX, I am buying on Monday.
Vado,
If you think its bad, post resons. Do not just BASH. Also, don't be mad because you did not buy it at 0001, you can buy at 0005.P.S: Dude, first know what is reverse split then talk about CMKX. You started a new thread about HVNR saying how it went from 0001 to .95 (it was r/s)
[This message has been edited by TruthTeller (edited June 06, 2004).]
Yeah I jumped the gun on that one.....I did absolutely no DD on it...just posted it when I found it.
That was my mistake and I assure you I have learned a valuable lesson....
ALWAYS DO YOUR DD!!!!!!!!!!!!!!
quote:
Originally posted by tic_toc:
surely De Beers cannot control what they cannot mine?
EVERYONE CONSIDER BUYING QBID IS AGAINST THEIR BELIEFS..BUT IF YOU THINK BUYING QBID IS SOOOOOOOOOOOOBAD THEN READ THIS AND GET THE BOOK...
"Read and get ready to defy conventional wisdom that no one really cares enough to challenge business as usual in the diamond world. For after reading Glitter and Greed, you will be compelled to act. Africans should mine, cut, polish, market, distribute, manufacture, and export the jewelry that originates upon its shores in much the same way that France controls its wine production and the United States controls its defense technology."
--Former Congresswoman Cynthia McKinney
Glitter & Greed: The Secret World of the Diamond Cartel, the new book from The Disinformation Company, is to be released September 29, 2003.
Glitter & Greed:
The Secret World of the Diamond Cartel
by Janine Roberts
Published by The Disinformation Company Ltd
trade cloth (6" x 9") • 384 pp • US$22.95 • ISBN: 0-9713942-9-6 • Release date: September 29, 2003
Distributed to the Trade in the US & Canada by Consortium Book Sales & Distribution
Rare, romantic, and forever: The diamond industry depends on these myths to reap billions of dollars of profit. This sensational investigation explodes such fallacies and -reveals how multimillion dollar advertising campaigns create the impression of rarity and romance. It reveals, too, a very secret and unromantic world, one that is dominated and controlled by a handful of mighty corporations.
Taking us through seven decades of intrigue and manipulation that span the globe, Janine Roberts has written the most expansive and explosive expose ever on diamonds; among Roberts' revelations:
• How De Beers hides away rich diamond deposits and where some of these are located.
• How a long-term companion of Jackie Onassis was a CIA-linked millionaire diamond merchant tied to coups and dictators in Central Africa.
• Just how diamonds are "fixed" to make them more expensive.
• How major diamond companies cooperated with Hitler's Germany and how much they were paid.
• How industrial diamond supplies were artificially -restricted to the United States during World War II, severely damaging its war effort and how U.S. Intelligence came to suspect treason.
• How a major diamond deposit in Arkansas was sabotaged to stop it coming into production.
• How the White House was manipulated into buying millions of diamonds it did not need and now must sell.
• How terrorism found its way into the diamond trade, not recently but many decades ago.
• How diamonds are secretly moved by the millions around the world.
The inquiry the diamond cartel did not want and tried to stop . . . If you have ever wondered what tales might lie behind the glitter of a diamond ring, read this account of the most international media investigation ever launched!
"Janine Roberts is that rare individual who unflinchingly speaks truth to power. She battles her way past all the obstacles and provides us a glimpse of those who are in the innermost circles of global power. But instead of being seduced by their power and wealth, she exposes what they do and how they do it and how it comes to hurt us all.
"I count myself among the privileged in this world to know Janine and her work. In Glitter and Greed she graphically reveals the brutality of those who orchestrate the diamond wars that continue to wreck Africa today. She gave testimony for me at a hearing in Congress that was shocking in its revelations, but thorough in its documentation.
"She has hunted down the shady dealers of the diamond cartel and of DeBeers, itself. She reveals here for the first time the disturbing secrets of the individuals, governments, and corporations that have ruled the diamond world for the past one hundred years.
--Former Congresswoman Cynthia McKinney
Janine Roberts has been investigating the diamond business for more than 23 years, during which time she has led numerous newspaper investigations and produced several documentary films, including BBC/WGBH co-production The Diamond Empire, which led to her invitation to testify before the United States Congress. She was also a principal speaker at the first post-apartheid conference of Southern African diamond mineworkers. Before starting her research on diamonds, she was engaged in civil rights work for Australian Aborigines and authored several books on their fight for justice. A human rights activist, she has also published on biological and chemical weapons in the Financial Times and written for other major newspapers.
quote:
Originally posted by Booty Quest:
Stock P r o w l e r dot com picked Bibo as their monthly pick, but issued the watch on CMKX. This site is highly successful and many follow them religiously. Check their record on their site. And watch Bibo on Monday.
GOOD DD BOOTY!!!!
I HAVE SCOTTRADE NOW,THEY WILL NOT ALLOW US
TO TRADE CMKX...
I WILL GET A FEW SHARES WHEN I GET MY ACCOUNT
WITH MYTRADE SETUP...
TUFFY
quote:
Originally posted by tic_toc:
surely De Beers cannot control what they cannot mine?
A major diamond deposit in Arkansas was sabotaged to stop it coming into production.
--Former Congresswoman Cynthia McKinney
CYNTHIA LOST HERE SENATE JOB FOR OPENING THIS CAN OF WORMS!!!!!
GOOD READ!!
quote:
mizzou7 I wish I could take off of work to watch this on Monday. I called melvin to thank him in advance I left him my cell phone number so he might call me back on Monday. I have to work from 11AM to 630PM not fun I hate my job I fix cars. However, I was wondering if you do take the day off could you maybe give me a call at about 3PM to up date me on CMKX here is my number 1414-380-8863 thanks.
Joey,
I'm off of work next week also. I can give you a call if you want. Just let me know when and who to ask for. I'm assuming Joey is your real name? Or do you go by Joe? Let me know.
Today, De Beers is the world leader in mining, recovery and marketing of loose diamonds. The company is involved in 19 diamond mining operations and produces roughly half of the world's supply of diamonds. The organization operates mines in South Africa, Botswana, Namibia and Tanzania.
Additionally, 65 to 70 percent of the world output of rough diamonds is handled or distributed through De Beers. Once the rough diamonds are mined, they are sorted into as many as 5,000 different combinations of size, shape, color and clarity. The diamond rough is then shipped to be sold for cutting and polishing.
De Beers offers the rough product at 10 annual "sights" in London, where the diamonds are sold to a select group of diamond manufacturers, known as sight holders. Once polished, the loose diamonds may change hands multiple times before reaching a retail jeweler.
Can you even imagine the staggering 65 to 70% are outputted by De beers...do you think that Cassavant have a good chance....well my vote is NO HOW...NO WAY.
As much as I am for the underdog..I am also realistic.
Good luck to all just wanted to show you the big picture.
Dreaming is one thing but sometime you will have to wake up and reality sucks...
quote:
Originally posted by TUFFY THE TRADER:
GOOD DD BOOTY!!!!
I HAVE SCOTTRADE NOW,THEY WILL NOT ALLOW US
TO TRADE CMKX...
I WILL GET A FEW SHARES WHEN I GET MY ACCOUNT
WITH MYTRADE SETUP...TUFFY
Thanks, Tuffy, you'd better move your a$$, brotha!
------------------
Due Da Due......But Be Quick About It!!!!!
DaDog
All along I've been stating that the CMKX run will
resemble the QBID run. However, I feel in my heart that
UC leaked the "** Urban said that CMKX will be at .50 to .60 cents even without the covering of the naked short position!" rumor, as a strong indicator that he already knows, and is implying that the value(in his opinion) of CMKX is no less than 50cent. And, on top of that we have the "** We have a naked short position of 1 Trillion shares!" rumor. Why would UC gest about such an accusation or belief, if you will. These are very powerful "rumors" (shared public info from "The" source).
First Spike:
Like I've said, I have nothing to model a potential CMKX run, other than to QBID right now. I'm not saying that CMKX run will be anything like QBID run, just saying that
QBID is the only recent/best model I can look upon.
So, since CMKX' run has commenced, I will predict that
the first spike takes PPS between .0033-.0045.
I think we will see this run extend into tuesday(6/8).
I don't see news until at least next thursday. UC will need to stoke the fire with another Power PR(possibly aerial survey). Therfore, on wedsnesday I see the first dip, possibly a gap up to induce buying in the morning, followed by a steady decline rest of day weds.
I think this first dip will be quite Volatile! Could dip back to .001-.0016, this will play on many's psychology, and, will induce the selling. This is their(MM) best tactic for covering their shorts, shaking the tree!
Thursday, UC stokes the fire with PR, and we continue the uptrend to find a .004-.006 range for the following week. Keep in mind that Topo(on IBC) has predicted .05
by end of june. Topogigo and UC talked at the chicago race. Topo resigned from his job after speaking with UC.
That's bold!
June 21st has been rumored to be the date(week of) of significant news. Topo could be right about the .05 PPS,
UC could be right about the .50-.60 PPS, and the 1 Trill short might be ball park>>>all very powerful!
I will look to sell a trading portion
on the first spike, to buy back on the inevitable dip.
After that, this could move so fast & furious that it would probably be wise to hold until PPS finds it's major intial resistance levels, maybe around .03-.05.
I think a PPS of .03-.05 would be a great target for "The BomB"- We Got The Mothaload PR
Then comes the .50-.60!
Question is; When does that happen?
Well I still contend that according to the PR release by UCAD on 4/5/04 http://biz.yahoo.com/bw/040405/55702_1.html
tells us when we get our results back; "management is eagerly anticipating the results of diamond determination which is expected to be forthcoming within the next few months." This puts the target for
results at July 5th-August 5th.
To sum it up, CMKX will run faster than QBID imo, and
will laeve QBID in its wake. I'm looking for .03-.05 by mid
July. I would not want to be caught without shares for "La Bomba".
JMHO
GLTA
quote:
Originally posted by highwaychild:
Vado has no idea how this is going to unfold,me either,but the odds look better on this all the time.Stock prowler . com would be a good start for some DD.
To tell you the truth I have no clue as to how this is gonna play out.
But if you don't learn from the past you are doomed to suffer the same fate in the future.
I know the past of this company as does everyone on this thread.
Does a leopard change it's spots or can it.
Maybe we will make some money but don't depend on it making you rich.
You will be here for months on end creating new threads and talking about the possibility of CMKX making a run..
Just like many other pink sheets....
I love to play the pinks too and enjoy the small run or the gigantic run like QBID and IBZt.
That's where it ends I don't fall in love with a stock and I don't expect to get rich quick.
I build week by week and add hundreds and sometimes thousands if I am lucky.
I do well enough to quit my job if I would like to but I love my job and I would not quit even if I was rich.
I work for CSX on the railroad.
I make a good living and I invest some and I play some on the pinks.
If it's too good to be true...then it usually is.
quote:
Originally posted by ali:
To me, the 5/27/04 PR was a signal that UC
was ready to resume the game. I summised that this
would lead to a string of PR's, as is happening now.
I don't believe(correct me if wrong) UC has ever released news on a Friday. I originally thought that
after the Thurs.(5/27) PR that we would get a 1-2 punch, thu.-fri. back to back PR's. We did, all be it, one week later(6/3 & 6/4). These two PR's are the confirmation of our decisions to be invested in CMKX imo!All along I've been stating that the CMKX run will
resemble the QBID run. However, I feel in my heart that
UC leaked the "** Urban said that CMKX will be at .50 to .60 cents even without the covering of the naked short position!" rumor, as a strong indicator that he already knows, and is implying that the value(in his opinion) of CMKX is no less than 50cent. And, on top of that we have the "** We have a naked short position of 1 Trillion shares!" rumor. Why would UC gest about such an accusation or belief, if you will. These are very powerful "rumors" (shared public info from "The" source).First Spike:
Like I've said, I have nothing to model a potential CMKX run, other than to QBID right now. I'm not saying that CMKX run will be anything like QBID run, just saying that
QBID is the only recent/best model I can look upon.So, since CMKX' run has commenced, I will predict that
the first spike takes PPS between .0033-.0045.
I think we will see this run extend into tuesday(6/8).
I don't see news until at least next thursday. UC will need to stoke the fire with another Power PR(possibly aerial survey). Therfore, on wedsnesday I see the first dip, possibly a gap up to induce buying in the morning, followed by a steady decline rest of day weds.
I think this first dip will be quite Volatile! Could dip back to .001-.0016, this will play on many's psychology, and, will induce the selling. This is their(MM) best tactic for covering their shorts, shaking the tree!Thursday, UC stokes the fire with PR, and we continue the uptrend to find a .004-.006 range for the following week. Keep in mind that Topo(on IBC) has predicted .05
by end of june. Topogigo and UC talked at the chicago race. Topo resigned from his job after speaking with UC.
That's bold!June 21st has been rumored to be the date(week of) of significant news. Topo could be right about the .05 PPS,
UC could be right about the .50-.60 PPS, and the 1 Trill short might be ball park>>>all very powerful!I will look to sell a trading portion
on the first spike, to buy back on the inevitable dip.
After that, this could move so fast & furious that it would probably be wise to hold until PPS finds it's major intial resistance levels, maybe around .03-.05.I think a PPS of .03-.05 would be a great target for "The BomB"- We Got The Mothaload PR
Then comes the .50-.60!
Question is; When does that happen?
Well I still contend that according to the PR release by UCAD on 4/5/04 http://biz.yahoo.com/bw/040405/55702_1.html
tells us when we get our results back; "management is eagerly anticipating the results of diamond determination which is expected to be forthcoming within the next few months." This puts the target for
results at July 5th-August 5th.To sum it up, CMKX will run faster than QBID imo, and
will laeve QBID in its wake. I'm looking for .03-.05 by mid
July. I would not want to be caught without shares for "La Bomba".JMHO
GLTA
Where are you getting .0033 to .0045...stop making sh*t up.
Dream on you will never see .05 not in your lifetime.
I started investing this year with only $250
I missed QBID at 0.0001 .... I ain't missing this one
anyways, I was just bored and tired of waiting for Monday.
___________________________________
HOLDING 52 MILLION CMKX
------------------
IN SUB-PENNY WE TRUST
[This message has been edited by VNGNTN1 (edited June 06, 2004).]
I keep reading your posts, most of which have come the second this stock began to climb. I am trying to figure out what the negative motivation is. Is it jealousy, is it to keep the O/S down, I dont see why such hatred of the positive outcome of this stock. I only hold 1.5 million shares, so I am a small fish in a big ocean here, but the possibility of this stock taking off has my life looking better recently.
His diamond mine is US...the investors.
He will get what he deserves sooner or later.
You guys will be pissed in a few months when this is back at .00009 or they do an RS and it goes back to .0001.
Mark my words.....
I guess seeing is believing and you all will see what a scam this is..
Just remember before you let me have it.
I am being truthful about the way I feel.
quote:
Originally posted by Booty Quest:
Thanks, Tuffy, you'd better move your a$$, brotha!
YEA,I KNOW!!!
quote:
Originally posted by WinsumLosesum:
Well, for what it's worth, here's a list of companies with their names on a nascar. Quite a few of "unlikely" choices.
www.nascar.com/kyn/nbtn/cup/data/car/NetZero HiSpeed
U.S. Army
Miller Lite
The FanZCar
Morgan-McClure
Kellogg's
Viagra
Budweiser
Dealers/UAW
Valvoline
ALLTEL
A.J. Foyt Racing
NAPA Auto Parts
National Guard/Subway
DeWalt Power Tools
Wellbutrin XL
Dodge Dealers/UAW
Home Depot
Ford Motorcraft/U.S. Air Force
Caterpillar
DuPont
GMAC Financial Services
GM Goodwrench
America Online
Cingular Wireless
Tide
M&M's
Coors Light/Kentucky Derby
Target
Texaco/Havolin
Cheerios/Betty Crocker
Georgia Pacific/Brawny
Lowe's
Schwan's Home Service
Arnold Development Companies
Kodak EasyShare
UPS
Voyles/Carter's Royal Dispos-all
Sharpie/IRWIN Industrial Tools
Duke Children's Hospital
Ford Commercial Truck & Trailer Hover Motorsports Stan Hover
quote:
Originally posted by WinsumLosesum:
I understand quite a few folks are upset about this race car idea. (Actually, I think this redefines the term "stock car") So here's a re-post of something I found earlier. Seems like a lot of big companies like the idea.
Yeah but look at the demographics.
Do you really think that MOST of the people that go to these races care about investing especially insome company trading at .0001 to .0004.
ONE LITTLE MAN'S DREAM costing the investors money.
Just a sad old man fulfilling his child hood dream at our expenses.
quote:
Originally posted by WinsumLosesum:
Let's just hope they're better at finding diamonds than advertising.
That was a pretty stupid remark.
quote:
Originally posted by vado:
[QUOTE]Originally posted by WinsumLosesum:
[b]Let's just hope they're better at finding diamonds than advertising.
[/B][/QUOTE]
I'd like to know some rumoured scam CEO names. I heard Frank Olsen before (QBID). Thank God I got lucky with that stock. Then again I heard Urban Casavant (CMKX), I must be very lucky, successful again.
Hey vado? Don't buy CMKX (instead just dig your backyard)
More Good luck to all CMKXers!!
May God Bless All.
MY POINT IS I DON'T CARE WHAT YOU THINK NEGATIVE THINKER. JUST GO POST ALL YOUR NEGATIVE GARBAGE ON ANOTHER THREAD. YOU MIGHT BE BASHING THIS STOCK BECAUSE YOU'RE A BROKE MAN WHO JUST CAN'T MAKE A SMALL INVESTMENT. AGAIN, LET CMKX FLY HOWEVER IT CAN AND IT WILL BASHER. I HAVE 52 MILLION CMKX SOLDIERS WHO PLAN TO FIGHT YOU AND BEAT YOU BASHER. DON'T GET CAUGHT WITH YOUR SHARES HIDING IN YOUR WALLET BASHER.
THE LIGHT WILL SHINE WHEN THE TIME COMES BASHER. WATCHOUT SO YOU WON'T BE BLINDED BY THOSE HUGE PRICELESS ROCKS BASHER
---------------------------------------
I BET WE HIT 60 PAGES BY THE END OF THE WEEK
------------------
IN SUB-PENNY WE TRUST
quote:
Originally posted by fjean:
LET ME TELL YOU SOMETHING BASHER
I DON'T CARE IF YOU SEE IT AS A SCAM.
I DON'T CARE IF YOU THINK WE'RE JUST PUMPERS
I DON'T CARE IF THERE'S NO DIAMONDS
I DON'T CARE IF THIS STOCK IS ONLY BEING MOVED ON HYPE OR SPECULATION OR JUST THE PR'SMY POINT IS I DON'T CARE WHAT YOU THINK NEGATIVE THINKER. JUST GO POST ALL YOUR NEGATIVE GARBAGE ON ANOTHER THREAD. YOU MIGHT BE BASHING THIS STOCK BECAUSE YOU'RE A BROKE MAN WHO JUST CAN'T MAKE A SMALL INVESTMENT. AGAIN, LET CMKX FLY HOWEVER IT CAN AND IT WILL BASHER. I HAVE 52 MILLION CMKX SOLDIERS WHO PLAN TO FIGHT YOU AND BEAT YOU BASHER. DON'T GET CAUGHT WITH YOUR SHARES HIDING IN YOUR WALLET BASHER.
THE LIGHT WILL SHINE WHEN THE TIME COMES BASHER. WATCHOUT SO YOU WON'T BE BLINDED BY THOSE HUGE PRICELESS ROCKS BASHER
I DON'T CARE IF YOU SEE IT AS A SCAM.
I DON'T CARE IF YOU THINK WE'RE JUST PUMPERS
I DON'T CARE IF THERE'S NO DIAMONDS
I DON'T CARE IF THIS STOCK IS ONLY BEING MOVED ON HYPE OR SPECULATION OR JUST THE PR'S
---------------------------------------------
Ok stop beating around the bush what are you
really trying to say?
Tomarrow is a buy day not a sell day!
Come back nexted month we might have a sell
day then.
THE MM JEFF HE'S THE KINGPIN
WATCH HIS MOVES!!!
PEACE I'M GOING TO BED 66 MILLION HOLDING!
Don't wait to long at .0003 or .0004
or hope will turn into the one that got away!
jmho
quote:
Originally posted by vado:
Where are you getting .0033 to .0045...stop making sh*t up.
Dream on you will never see .05 not in your lifetime.
Sterling started a frenzy when he made some hypotheses as far as valuation and mineral finds goes. I am no Sterling. I have 20 years less investing experience.
But.. I am a shareholder in this company and I have a vested interest in its performance. I also have hopes and dreams based on its performance as do my friends and family. I want to get a handicapped accessible Cadillac Escalade and get rid of my Ford conversion van. I want to buy real estate and buy a house for myself and my sister too. I want to pay off all my parents debt. And I want to avoid working 9-5 and taking over my father's insurance agency.
Aside from that, I'm a 21 yr old finance major and entrepreneurship major. Now you are laughing -- but the point is, yes I know very little in the big picture but if I take my basic understanding and knowledge of economics, corporate finance, and investments taken from my 3 years at the university and combine it with my personal dreams.....
.... maybe I can inspire the masses to help all of our cause.
A lot of this has already been stated but I'm just going to repeat it... this entire post is what I've learned from all of you and is my knowledge of stock economics and is my rationale not to sell until the diamonds are coming into America in Casavant trucks by the dozen.
****************************
Our Power over PPS
We have been very unified and very optimistic on this stock, more so than any other message board. Let's keep that going through prosperity if and when we achieve it.
This message board is very powerful because we probably own a small but powerful piece of the pie. I'd be willing to bet our shares make up over 5-10% of the O/S if not more.
There aren't many other places for the market makers and pump and dumpers to get shares in the coming weeks and months. UC isn't selling, his family won't sell, his friends won't sell, and institutional investors already in the game won't sell.
WE CAN'T SELL... SELL = + Supply = - price
The market makers who have billions of shares shorted NEED OUR SHARES at any cost!! What price are you willing to let them off the hook at?
Institutional investors such as life insurance companies, hedge funds, pension funds, and large corporations will want to get their hands on a small chunk of an up and coming canadian diamond mining company in the next few weeks if all of our dreams come true.
Racing fans, daytraders, brokerages, and small time investors will all see our PRs and hear of our stock's success and want in on the action later in the game.
THERE WILL BE INCREDIBLE NEED FOR THESE SHARES and only we have the control over the sell button at Etrade or Ameritrade or wherever you do your trading.
BUYiNG = + DEMAND = + PPS
All of this demand could be filled in the penny range.. or it could be filled in the 50cent - dollar range or even the 2 dollar range (if we hold long enough!!?!)
Some of you could sell 100% of your holdings at .05 or .10 and retire and buy an island. Letting your 300 million go to them at this low price is a gift and could easily hurt the stock's progress.
DONT DO THIS
The buyers (demand) will want our shares no matter the cost.. THEY HAVE TO COVER
Sure, sell 1-10% of your holdings after we hit penny land to pay the bills and fund your trip to Vegas, but believe in the company if you can and consider it a long-term investment. The short squeeze alone will cause a huge price increase without a mine at carolyn, and we have 1.4 million acres more to play around with!!
HOLD HOLD HOLD.. sign below if you will hold for as long as possible
****************************
US vs the MMs
The market makers will do two things in the coming weeks and months:
1. Slowly increase the price like they have been to get us to sell
2. Let the price seemingly dip here and there during quiet times to play with our minds.
Either way, that's how they will get your shares. Don't let this happen! They will be the biggest demand of our shares and we need to be sure that real investors and real buyers get their money on the table BEFORE THIS COVER.
As long as we can maintain our HOLD position until the o/s is revealed and we potentially move markets, a large enough demand outside of MMs will be created to defeat them. This stock needs the demand outside of MMs so that it is liquid and keeps rising without MM covering action.
So, we need to buy ourselves time and more importantly UC time by holding long enough for all the chess pieces to be put in place. This might be at .01, .05, .10.... who knows. Just hold until there is clear indication that CMKM will be a profitable company. . Because the MMs will raise prce without diamonds =)
THANK YOU NITE
As far as the chess board goes, the MMs definitely have the advantage.. but our pawns and knights and castles are moving in for the kill..
1. We've accomplished national advertising
2. We have one if not more potential diamondiferous kimberlite deposits
3. WE have 1.4 million acres of land with mineral rights
4. We are performing an audit of the share structure and financials
5. We have a great legal team on our side
6. We have a potentially good aerial survey and lab result on its way
We are moving in, don't let him break through our defenses.. UC needs just a few more weeks I bet.
************************
Your Future
As long as this isn't a scam, I think it is safe to say we will land on the moon. As long as the naked short exists and the 1.4 million acres exist, we have ourselves a jackpot spin ladies and gentlemen. Rev up your engines.
Sure Buzz and Neil were the first, but they didn't have 10 carat canandian diamond rings on their hands!
So my only advice is to not base your investment decision on your account value, on the pps, or on naysayer's and their bashing tactics.
Read the upcoming press releases, discuss the long-term potential of CMKM here on the board and base your selling decision on
a. when you need the money desperately
b. if you believe whether or not the company will be profitable.
c. Follow your heart, not the charts
Would you rather bequeath to your grandchildren $3million dollars or $10 million plus a library in your name, a horse farm, a charitable foundation for your community..
You have the power to make your future brighter if you believe in CMKM and not selling.
CMKX BOARD
you know you've got it bad when you accuse the pizza hut delivery driver of naked shorting you on breadsticks.
I was naked shorted by Pizza Hut tonight, when they delivered my pizza, the breadsticks I ordered were not there. I ordered them, I paid for them, but what I got instead, was "Cheesy Bread", because they were selling naked shorts when I called. They were selling breadsticks that did not in fact exist.
I asked what he intended to do to cover this short, and he just looked at me like I was stupid. I told him I was filing a complaint with the Pizza Exchange Commission.
I finally got him to cover the short, by giving me this so-called "Cheesy Bread" for free, and then sent him on his way. BTW... I learned tonight that Pizza Huts "Cheesy Bread" is REALLY good. Go figure. I get naked shorted, and come out WAY ahead. Free, and very yummy cheesy bread.
Now that I have conquered one naked shorter, bring on NITE and JEFF
Ever since then, I tip the pizza delivery guy well, and hope that I am on an "A" list.
How was your pizza last night? ;-))
Good Luck To ALL!
AT A LAW FIRMS LIKE EDWARDS & ANGELL THE PARTNERS WILL MEET TO DISCUSS WHICH NEW CLIENTS TO ACCEPT.
IF IT LOOKS LIKE A GOOD CLIENT THE MANAGEING ATTORNEY MIGHT SAY, "LOOKS GOOD FOR US, LET THAT NEW GUY DOWN ON THE 20th FLOOR WORK ON THIS.
IF IT LOOKS LIKE A GREAT CLIENT THAT COULD HELP PROMOTE THE FIRM WITH LANDMARK RESULTS, HE WILL ASK HIS PARTNER WITH THE MOST EXPERIENCE IIN THAT PARTICULAR ARE OF LAW IF HE WOULD TAKE THE CASE. ALSO, WOULD YOU PLEASE PUT YOUR STAFF OF FORTY ATTORNIES TO WORK ON THIS.
ALL OF THIS WILL NOT BE LOST ON COUNSEL FOR NITE AND THE BOYS. RULE ONE IN LAW,,,,NEEVER EVER TAKE YOUR CLIENT TO TO COURT IF YOU KNOW,OR SHOULD HAVE KNOWN, YOUR CLIENT WILL LOOSE.
CMKX v.s. MMs – Pick Your Poison…
The news this past Thu and Fri (3 & 4 Jun) marked the genesis of the new CMKX era. Many thanks to Urban, Melvin, and the rest of the CMKX TEAM! Those recent PRs show that Urban cares about shareholders and all! Each of the PRs was powerful news that he could have kept unknown from us shareholders for longer times. This is his way of saying "trust me; I am in your corner."
Before we begin, understand that when we say “Market Makers (MMs)” we could very well be referring to whoever their clients might be who have bought naked shorted shares through the MMs. So don’t always think that it’s automatically the big bad MM scenario. We still got to have some MMs on our side to do what we are about to do. Not all MMs are bad for a stock.
What Urban is presenting to the MMs are two choices for covering. It's kind of like telling them to pick their poison. A serious force of reckoning must execute to the benefit of us shareholders. Let's observe.
Option A
MMs will be forced to cover CMKX to maintain the minimum $3.00+ bid for 30 days to trade on the AMEX or Urban will execute Option B below. I was talking to a friend and he made me see how the AMEX would be a better market for CMKX. On the AMEX, the market for the price of your stock is establish by the market of supply and demand for your stock and not the MMs. Also, CMKX meets all of the AMEX requirements except one, maintaining a bid of $3.00 for 30 days.
This is where the MMs will come in. I believe that Urban knows that there is a 1 trillion share short because he helped to create it. Remember when I was saying that people should not be asking… Who is selling? Instead people should have been asking… Who is buying!
This means that as a show of confidence, he continued buying shares in his company, probably at .0001 cent, as long as the MMs had allowed such. This means that he is holding a huge amount of shares that he will use as leverage.
He can disseminate the shares into the market to force the MMs to cover at much higher prices as they will need many shares or he can retire the shares to where they cease to exist if they cooperate and cover to maintain a bid of $3.00 for 30 days. For a better understanding on the thoughts of retiring shares, read the link below: http://www.ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=228
If things don’t go as planned for the MMs covering CMKX to maintain a bid of $3.00 for 30 days, then Urban will execute the next option below:
Option B
Urban will execute this option if the MMs decide not to cover, Urban will now take the company private to later take the company public as an IPO. He would come back later as a legitimate company to offer to Canada as a mining and exploration company to help its citizens and economy. CMKX would also be authorized to receive some of the huge tax shelters that the Saskatchewan Government would offer for mining in Canada. All would be well.
Under this scenario, I would guess to say that the OS is no higher than 10 billion shares. What this means is that it would cost CMKX $10 billion to take the company private. Actually less considering that you as the company own a good portion of that OS. Read the link below to understand the costs involved: http://www.ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=14635
The news released on 3 Jun 04 was one to indicate that they have huge results from the aerial survey and drilling samples. I am expecting to see a huge announcement of some valuation in the $$ billions. It was also stating that we know the amount of our outstanding share (OS) structure and it will be impressive.
The first news released on 4 Jun 04 is one that states that we are planning on going to an exchange (possibly higher than the OTCBB) because obtaining and retaining a large New York securities law firm such as Edwards & Angell to represent your interests is not really necessary for just going to the OTCBB. I confirmed this with the OTC Compliant Unit of NASD at 240-386-5100. (I didn’t doubt you Frank, but I had to hear it from some official regulatory authority before posting this. All is well!)
This is another subliminal hint to the MMs because they will now know that they will no doubt have to cover if CMKX is serious about going to any of the higher exchanges such as the NASDAQ, AMEX, or NYSE.
This incoming buying pressure will continue onward for some weeks further worsening the MMs short position. What’s key here too is to consider that the MMs might not be short at all. It could be one of their huge clients that are hiding behind the MMs until forced to come to light. They will be needing for us to sell.
To combat this and to keep from allowing the MMs to keep the price suppressed, I am expecting a dividend to be announced with an execution date out in the future that would make shareholders go long with CMKX to receive the dividend. This would be a stock dividend.
The tender offer of $1.00 that I had used in the “Perfect Storm” Scenario below is very conservative: http://www.ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=6425
This should be consider as a cash dividend and would be only considered to take measures to the next level if the MMs do not cooperate in my opinion. If this happens, I will be expecting a price a lot higher than the $3.00 bid price that CMKX was bargaining for since the MMs can’t short a cash dividend. They would then unveil value of CMKX that would really help people to see that even at $3.00 per share, the price of CMK is undervalued!
Keep in mind also, to make sure we are not jumping the gun about going to one of the major markets, Urban and CMKX could have retained a large New York securities law firm to help combat the 1 trillion short and to represent its interests to provide legitimacy of their audits because of how high the numbers will be for value, but with the intentions of going to the OTCBB.
This would fall in line more so with Urban wanting to “no doubt” go private and moving from the pinks to the OTCBB would change the entire perception of CMKX. People would trade CMKX as if they were on the NASDAQ if they showed the financials to justify such. This aligns better to the thoughts of going private to deliver the final blow to the MMs or the guilty party that have shorted them.
I am expecting major investors will be joining in daily for the next few weeks as more are made known of the existence of CMKX and more news of substance is released. Thanks to Urban, CMXK should make many enjoy prosperity for years to come!
All is well! http://www.sterlingsclass.com/
;-)
Sterling
________________________________________
May God Bless All.
nice little tick he is
[This message has been edited by cool1sh (edited June 07, 2004).]
quote:
Originally posted by Booty Quest:
Jeff just moved to 0005!!!!!
mine was set for 0007
[This message has been edited by Booty Quest (edited June 07, 2004).]
Booty! Had a hell of a night... don't feel like a ride to the bank this morn... guess I'll have to chase your a$$ another time! LOL...
"StonedPigeon
Member posted June 06, 2004 23:40 Case you seem to be confused!
Tomarrow is a buy day not a sell day!
Come back nexted month we might have a sell
day then."
quote:
Originally posted by pharmdman:
Morning all! ... any guesses what today will bring? GLTA today...Booty! Had a hell of a night... don't feel like a ride to the bank this morn... guess I'll have to chase your a$$ another time! LOL...
Chase me FarmBoy!!! LMAO!!!
Thanks, Winsum got any artwork for the CMKX gang?
quote:
Originally posted by Booty Quest:
Thanks, Winsum
Ask
5x0006
5x0007
1x0008
1x001
1x001
1x007
1x07
1x10
BID
3@.0005
4@.0004
4@.0003
4@.0002
2@.0001
ASK
4@.0006
6@.0007
1@.0008
1@.001
1@.007
1@.07
1@.10
quote:
Originally posted by Booty Quest:
Bid
3x0005
4x0004
4x0003Ask
5x0006
5x0007
1x0008
1x001
1x001
1x007
1x07
1x10
LOOKS SWEET
CONGRATS GUY'S
?????????????????
what's up with that?
can anyone tell me how I can buy this?
quote:
Originally posted by Booty Quest:
Chase me FarmBoy!!! LMAO!!!Thanks, Winsum
It's a deal... as long as we're runnin' toward the bank with our newfound loot! (just don't stop to pick up money you've dropped... you just might get a surprise! LMAO!)
Anyone have a guess as to when we'll see the "we found diamonds" PR?
quote:
Originally posted by WinsumLosesum:
Now I'm confused. Up until last week, I thought 2M shares @ .0001 was good enough. Now I'm not so sure. Are you guys getting more @ .0005 today, or do you expect pps to fluctuate a bit? I have a feeling this is a one way trip northward, and may be yet another "don't chase a stock" rule-breakers.
I've been in at 2M for a few months. More of a bystander through all of this. I support the stock (otherwise my moey wouldn't be in it). I believe that my investment is good enough to yield a nice reward (if we get anywhere near the PPS people are guestimating) and also low enough to limit liability. Just food for thought.
------------------
IMHO - GLTA - Reductio Ad Absurdum
quote:
Originally posted by Booty Quest:
Bid
3x0005
4x0004
4x0003Ask
5x0006
5x0007
1x0008
1x001
1x001
1x007
1x07
1x10
quote:
Originally posted by Breezer:
Hey - I called Scottrade to put in a buy order of this stock and they told me they were only accepting "sell orders"?????????????????
what's up with that?
can anyone tell me how I can buy this?
You can still buy on Ameritrade and Freetrade... ScotTrade and Schwab will not let you buy... but then again, they're suspected of being up to no good with this stock...
quote:
Originally posted by Breezer:
Hey - I called Scottrade to put in a buy order of this stock and they told me they were only accepting "sell orders"?????????????????
what's up with that?
can anyone tell me how I can buy this?
Etrade!
------------------
IMHO - GLTA - Reductio Ad Absurdum
Go CMKX, get those diamonds!!
Bid
6x0006
4x0005
WOW
quote:
Originally posted by Doji say what!!:
A BUYIN AT .0006!!!!! YES X 66,311,500 LMAO TO THE BANK
YOU HAVE $39,786.90 @ 0.0006 AND YOU'RE $960,213.10 AWAY FROM REACHING THE CMKX MILLIONAIRE STATUS
------------------
IN SUB-PENNY WE TRUST
VADO we really missin you!
Good luck
Edit - HA! Fran just squeezed in on the bid at 0007! I bet they don't like that OH, now Best at 0007, too. Ha, and TDCM!
9 left on the ask at 0008
[This message has been edited by Booty Quest (edited June 07, 2004).]
quote:
Originally posted by dazedtrader:
I do believe I've soiled myself.
LMFAO! .. I think I might have too.... it depends! ...
quote:
Originally posted by Nashdaq5:
anyone thinking to see a retrace next couple days with people taking 600% profits and whatnot? I'm looking to add to my $20 I invested here 2 months ago at .0001 (last free trade with Ameritrade). Not a bad turn around for $20 I'd say!
Think we'll come back to .0003 ?
NAH NAH NAH - NAH NAH NAH - HEY HEY HEY - GOODBYE TO 0.0003
------------------
IN SUB-PENNY WE TRUST
WE FLIPPIN OWN IT
------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.
[This message has been edited by PAUL (edited June 07, 2004).]
quote:
Originally posted by Doji say what!!:
HERE COMES .0009!!!!!
Any thoughts...
I still need some help on exit strategy.
Paul
------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.
quote:
Originally posted by Doji say what!!:
fjean YOUR ISLAND OR MINE!!!!!WE FLIPPIN OWN IT
TAILS --- I PLAN TO OPEN A SUBWAY IN DECEMBER 2004
Lots and lots of luck.
quote:
Originally posted by PAUL:
MY first exit is about 10 X current level.Any thoughts...
I still need some help on exit strategy.
Paul
My exit strategy is pretty simple really. You couldn't take these shares from my dead, cold body.
quote:
Originally posted by HongKongFuey:
Having trouble with Ameritrade filling at .0007 for half an hour... anyone having same prob with ameritrade?
Same here
quote:
Originally posted by Hans Moleman:
Same here
Thanks Hans... I'll let you know if I fill
HKF
quote:
Originally posted by HongKongFuey:
Having trouble with Ameritrade filling at .0007 for half an hour... anyone having same prob with ameritrade?
GOOD LUCK
VAN
quote:
Originally posted by rsnws:
Just talke to Ameritrade on another matter and I asked them About CMKX. They said there is no problems trading it.Thanks rsnws
HKF
quote:
Originally posted by rsnws:
Just talke to Ameritrade on another matter and I asked them About CMKX. They said there is no problems trading it.
change you price to .0008... it'll still go thru...
MAXIN AN RELAXIN
MY MONEY IS DOING SOME BIG REP'S - YO MONEY YOU ON ROIDS OR SOMETHING - BRO YOUR GOING ARNOLD IN MY ACCOUNT!!!!
quote:
Originally posted by pharmdman:
change you price to .0008... it'll still go thru...
Ok... went ahead and changed to .0008 ... filled in 5 mins... wasn't able to round this up to 6 million shares for me, but I'll settle for where I am ... Ok, so I got my train ticket... please pass the grey poupon.
[This message has been edited by HongKongFuey (edited June 07, 2004).]
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
Also saw a fat-finger order for .007 go by...
quote:
Originally posted by HongKongFuey:
Ok... went ahead and changed to .0008 ... filled in 5 mins... wasn't able to round this up to 6 million shares for me, but I'll settle for where I am[This message has been edited by HongKongFuey (edited June 07, 2004).]
quote:
Originally posted by vado:
That's all she wrote .0008 will be the year high.
Peace out.
i bet you wished you had 52 million at 0.0001
quote:
Originally posted by vado:
That's all she wrote .0008 will be the year high.
Peace out.
Oh Vado, Much love to you!
quote:
Originally posted by fjean:
i bet you wished you had 52 million at 0.0001
I wish I was willy wizard and had 750 million
June 7, 2004
Jun 07, 2004 (M2 PRESSWIRE via COMTEX) --
Traders Nation, known to be the largest syndicated 'live'radio talk show for smallcap stocks, has completed an extensive installation of the new Telos wall to wall ISDN and satellite broadcasting equipment.
Stocks covered throughout the show include: CMKM Diamonds, Inc (OTC: CMKX) closed (06.04.04) at .0004 with the days volume of 2,147,483,600. MBA Holdings Inc (OTCBB: MBAH) closed (06.04.04) at .06 with the days volume of 50,974,400.
21st Century Technologies Inc (OTCBB: TFCT) closed (06.04.04) at .07 with the days volume of 8,578,200. Uranium Power Corporation (OTCBB: URMP) closed (06.04.04) at .64 with the days volume of 1,134,400. One Voice Technologies Inc (OTCBB: ONEV) closed (06.04.04) at .18 with the days volume of 32,840,000.
Listen at http://www.tradersnation.com/radio.shtml#anchor2
Download Archive Information http://www.tradersnation.com/store.shtml
The current rebroadcast (06.04.04) of the show features two segments. The first segment covers the top smallcap stories of the day. The second segment -- Bill Panetta, a professional partner of Traders Nation, and Kurt Schemers, host and creator of Traders Nation -- give their listeners the potential hot stock plays for the day.
'We're very pleased with the measurable progress we've made over the last year, first with the construction of our new state-of-the-art broadcast facility and now equipping the building with top-of-the-line broadcasting hardware, says Kurt Schemers, President of Desert Son Media Corp. Additionally, we're ramping up our shows, Traders Nation and Midday with Don, on the network to meet station manager's inquiries nationwide.'
Through countless months of planning and building, we have fortified our media and collateral infrastructure to an unparalleled level. Even at its inception, states Schemers, the goal for Traders Nation has been to be the best, provide the most and lead the market. Simply put, Traders Nation has succeeded in meeting those accomplishments.
About TradersNation.com
TradersNation.com is the leader in the smallcap community for providing syndicators and Web site visitors current market trend commentary and delivering that content via an audio program produced live daily, named Traders Nation. Outside markets are also covered with breaking news, interviews of news makers and financial video content, making TradersNation.com the first broadcasting company to encompass the full range of media information products for smallcap investors.
- Traders Nation is currently syndicated online with 111 sites carrying the show.
- Traders Nation can be heard on 1190 AM, an NBC affiliate radio station in Phoenix, during the prime 'morning drive'time.
- Traders Nation is also heard by tens of thousands of end users via QuoteStream's online financial software.
- Traders Nation as seen on StockHouse.com and Smallcapcenter.com with 750,000 unique visitors per month.
About Midday with Don
'Midday with Don'is a daily review of small-cap investment opportunities hosted by Don McKelvey on the Traders Nation Network. Join Don McKelvey and his guests each day for market trend commentary, behind-the-scenes discussions with CEOs, Remote Broadcasting such as in China and much more. Learn more: http://www.tradersnation.com/mckelvey.shtml
CONTACT: Kurt Schemers, TradersNation.com, Phoenix c/o Desert Son Media Corp. Tel: +1 623 465 0844 e-mail: kurt@tradersnation.com
M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.
(C)1994-2004 M2 COMMUNICATIONS LTD
EDIT: Maybe it was my end... dunno... seemed like 15 minutes of no trades at all on CMKX... anyone else see this? or only a Scottrade issue?
------------------
FurrySound
-DD-GLTA-Unless I've quoted a source, I know not what I speak of.
[This message has been edited by FurrySound (edited June 07, 2004).]
quote:
Originally posted by FurrySound:
Is it my PC or has trading stopped for a few here?EDIT: Maybe it was my end... dunno... seemed like 15 minutes of no trades at all on CMKX... anyone else see this? or only a Scottrade issue?
quote:
Originally posted by rsnws:
No problem with Ameritrade
Glad to hear it.
------------------
FurrySound
-DD-GLTA-Unless I've quoted a source, I know not what I speak of.
What other stocks are you bashing. I think I'll buy some.
quote:
Originally posted by vado:
That's all she wrote .0008 will be the year high.
Peace out.
------------------
FurrySound
-DD-GLTA-Unless I've quoted a source, I know not what I speak of.
5@.0007
5@.0008
3@.0009
3@.0010
BID
3@.0006
9@.0005
quote:
Originally posted by FurrySound:
L2 anyone? please, thank you.
quote:
Originally posted by bimbo:
will,market will be open,next close will be july 5th
quote:
Originally posted by rsnws:
Hey vado,What other stocks are you bashing. I think I'll buy some.
MYIQ is another piece of you know what.
If I had 52 mil I would take the money and run right now before the bottom drops off.. right about now.
quote:
Originally posted by will:
I thought I heard a day of mourning for President Reagan
This Friday has been declared a national day for mourning...I assume that means markets will be closed.
GLTA
BID
5@.0006
8@.0005
3@.0004
2@.0003
Hey, don't tread on vado - everyone's entitled to an opinion.
Now I have to go caulk a freakin shower for a hundred bucks after making over 3k this morning. what a life!
quote:
Originally posted by Smctbone:
This Friday has been declared a national day for mourning...I assume that means markets will be closed.
Voices: Remembering Ronald Reagan
Former President Ronald Reagan died June 6, 2004 after a long bout with Alzheimer's. What do Reagan's life and death mean to you?
I consider the man to be the greatest U.S. president of my time.
Robert Laszcz, Oakville, June 7
He wasn’t a great president, but he would have been a terrific governor general.
William Bedford, Toronto, June 7
He had a magnetic charisma and a wonderful instinct for communicating his convictions, something sadly missing in today’s politicians.
Anthony Grieco, Los Angeles, June 6
If Reagan was a second-rate actor, he ranked worse – much worse – as a president.
Andrew Chan, Toronto, June 6
I will be ever grateful to President Reagan for ridding our world of one of the worst plagues in modern times: Communism.
Dragos Coman, Toronto, June 6
Reagan ran the national debt into the trillions for the first time in history (and) successfully blocked funding for AIDS research. He will be missed (but not very much).
Nicky Katt, Dallas, Texas, June 6
When the history of the 20th century is written, I believe President Reagan will deservedly be lauded as one of the greatest U.S. Presidents. (He) ended the Cold War without firing a shot.
Paul Reid, London, June 6
The only good thing that can be attributed to Reagan is bringing America out of its 70’s malaise. The rest of his legacy was a miserable failure that the world still suffers with.
John Goldstein, Mississauga, June 7
Ronald Reagan was the greatest leader in the second half of the 20th century. If only today’s Republicans and Conservatives were half as decent as he was.
Vahan Ajamian, Toronto, June 6
(Reagan had) a sense of humour that made us smile. Whether it was asking doctors if they were all Republicans after he was shot to joking that the bombing (of the USSR) would begin in five minutes.
Gabriel Umana, Brampton, June 6
Ronald Reagan started events that led to the crumbling of both the Berlin Wall and the Soviet Union. When I watched the Wall being torn down by ordinary people, I wept...I will be forever grateful.
Andris Buivids, Rialto, California, June 6
Reagan had good qualities and bad like every human, but his policies were criminal. Reagan made the rich richer, and the poor poorer. He was a charming person, with cold-hearted policies.
Rob Parry, Scarborough, June 6
Thanks to Reagan, the Soviet Union collapsed and millions people got freedom. A great president of a great country.
Vladimir Dubrovsky, Toronto, June 6
On behalf of the hundreds of thousands of AIDS sufferers who died simply because of Reagan’s neglect of the situation, I do not share in the praise of this man.
Ronald Jefkins, Niagara Falls, June 6
Ronald Reagan is a man among men in my book. Because of him, my place of birth, Grenada, is a free and democratic state and not under the rule of communists.
Keron Cato, Markham, June 6
He has angered the leftists from time to time. But no matter what, Ronald Reagan tried to do the right thing, as any US president would do and never forgot all the values of democracy.
Jose Cacapit, Los Angeles, June 7
While not a failure, Ronald Reagan was not a great president, either. He does not measure up to other 20th-century presidents.
Derrick Schoorl, Richmond, June 7
Had (Reagan) taken a proactive role with education about (AIDS), maybe it would have minimized the destruction it has caused around the world today.
Alan Trinacty, Windsor, June 7
It's a shame that people have to be critical at such a time. Reagan may not have been perfect, but no one can argue that he wasn't responsible in bringing freedom to millions who were under communist regimes.
H. William Johnson, Toronto, June 6
We lost a man who had good humour and foreign policy.
Uttam Shrestha, Brampton, June 6
Ronald Reagan was a truly great president. He restored the confidence of the American people, helped end the Cold War and bring down the Berlin wall. God bless Ronald Reagan, and give us more presidents like him.
F. Scott Pope, Monterey CA, June 6
I was born the year Ronald Reagan was re-elected; while I may be too young to remember his presidency, I will always be thankful to him and the people of his administration for allowing me and others like me to grow up in a safe, strong America.
M.C. Foster, Cedartown GA, June 6
For me, his death is appropriately overshadowed by D-Day; remembering true heroes, not romanticized Republican ones.
Mark Clory, Toronto, June 6
I am saddened by the passing of Mr. Reagan, and feel for his family.
Bob Gottardi, Toronto, June 6
Together with Margaret Thatcher, Reagan represented the worst features of government influence. Greed, self-interest, and a growing disparity between the rich and the poor can be laid at these individuals' doorsteps.
Sean Murphy, Calgary, June 6
President Reagan restored the faith of American people in themselves, their country and in the President's office. His influence and accomplishments will benefit the world for many generations to come.
Michael Willliams, Waterloo, June 6
I was deeply saddened to hear of the death of President Reagan. I believe he will be remembered as one of the most important men of the 20th century.
Glen Martin, Edmonton, June 6
The world needs fewer men like Ronald Reagan.
Martin Riley, Sarnia, June 6
Source: The Toronto Star
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
What other stocks are you bashing. I think I'll buy some.
------------------------------------------------
May b Vado is a basher, but if that so half of the people posting here today are also bushers, because when this stock was down @ .000000 - .0001 not everybody was so excited.
I agree with him..........and I hope I'm wrong, because I'm holding 2.
GLA.
=========
Mambo
i bet you had the same train of thought on qbid!!!! as you do on cmkx
20 grand up today and we are off the high of the day!!!! lol lmao
ad line is way positive we go up!!!!!!!
[This message has been edited by rsnws (edited June 07, 2004).]
quote:
Originally posted by rsnws:
JEFF only one left at .0007.[This message has been edited by rsnws (edited June 07, 2004).]
quote:
Originally posted by Doji say what!!:
vado lol lmao !!!!! poor buggeri bet you had the same train of thought on qbid!!!! as you do on cmkx
20 grand up today and we are off the high of the day!!!! lol lmao
ad line is way positive we go up!!!!!!!
I am entitled to my opinion.
You won't be laughing for long as your 20k dwindle to $200.00.
You probably will be the fool that holds this thinking it will make you rich.
Time will tell.
I am not bashing just on a more realistic plateau.
I am not on the outside looking in but I also own just 500k... still I own.
quote:
Originally posted by vado:
I am entitled to my opinion.
You won't be laughing for long as your 20k dwindle to $200.00.
You probably will be the fool that holds this thinking it will make you rich.
Time will tell.
I am not bashing just on a more realistic plateau.I am not on the outside looking in but I also own just 500k... still I own.
I am going to wait until tomorrow because many of the stocks that I have seen run up, fall within 24 or 48 hours, perhaps not to the orginal levels but not nearly as high as the run up. I think I am shooting for .0004 to .0005
-John
quote:
Originally posted by Money_Penny:
Still waiting on the funds to get their way to my Lowtrades account. Do you guys recommend I still buy today, and if yes, what limit, or should I wait until it possible drops down again.....I hate this....butterflies in my stomach watching this thing take off without me...
If you wired funds to them, call them up with the wire info and they should be able to credit the account right away. As for buying, no idea, but .0008 is not going to be the high for the year.
------------------
FurrySound
-DD-GLTA-Unless I've quoted a source, I know not what I speak of.
1@.0007 JEFF AGAIN
8@.0008
3@.0009
2@.0010
BID
7@.0006
4@.0005
1@.0004
3@.0003
quote:
Originally posted by trippy:
does anyone have current L2?
ad line is still climbing money flow is very positive.....
let's give it two weeks!
quote:
Originally posted by WWJD-thru-me:
I wired more money into my account to get some more.
Hey Debi, you're not taking money out of the offering plate, are ya?
Then why didn't you sell??
"I am not on the outside looking in but I
also own just 500k... still I own."
quote:
Originally posted by vado:
I am entitled to my opinion.
You won't be laughing for long as your 20k dwindle to $200.00.
You probably will be the fool that holds this thinking it will make you rich.
Time will tell.
I am not bashing just on a more realistic plateau.I am not on the outside looking in but I also own just 500k... still I own.
[This message has been edited by cool1sh (edited June 07, 2004).]
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
Debi, great post - like always.
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
------------------
Due Da Due......But Be Quick About It!!!!!
DaDog
quote:
Originally posted by dardadog:
The last .0008 was at 10:29:46. All .0007's buys and .0006 sells. Has anyone tried daytrading this or is everyone just hanging on?
Booty tried, and now he's kickin' himself in the booty! (see his post from 11:24am)... sorry Booty, ya' b@stard, I had to mention it! LMAO! You keep makin' trades like that and I won't have to chase you for long!
Oh well its all good.. GO CMKX!!
quote:
Originally posted by Booty Quest:
Okay, I sold 5mil @ 0006 an hour ago, and just bought 8mil @ 0007. LOL Whatever! I'm happyNow I have to go caulk a freakin shower for a hundred bucks after making over 3k this morning.
quote:
Originally posted by trippy:
hey trading wizard --- yes fortunately i'm new with this stock, although i've been watching this thread for a couple weeks now. unfortunately i didn't pull the trigger back at .0002 but i'm glad to say i'm in with a big fat 10 million at .0007 . im excited as can be and it makes the feeling better when we got people like you around wizard.
Thanks Trippy.
Cool name, reminds me character from StarFox N64.
I did the same, first I watch allstocks threads, and then finally got in, lost some money, complaint a bit feeling sorry for myself, someone told me to get out if I am not a day trader, but I am surviver and when I found CMKX, I did a lot of reading on diamonds, learn alot about industry, and they do have all technical bases for their company to be true - so I bought 3.5 millions at 0.0001 just enough to afford if it happen to be scam. I like more the technical side of the business, business developments and their fundation, etc. About trading I have a bit of clue, and most of the clue it is from this board. I don't day trade, I hold and sell if it is time to sell.
Once you get to know people around here, there are many of them know what they doing (I will not mention names since I don't want to leave anyone out). It is also good to hear the negative side of the story, and we have those here too. The best thing is to support both sides the pumpers and bushers, and nutrals and everyone else.
Well good luck to you with so many shares!
Make sure to diversify your portfolio, and always have some money for averaging put aside. Some investors like to drive the price down because they want to get in at low if the company is good.
See ya around!
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
quote:
Originally posted by wboo:
Hey is this stock ligit, some folks seem to think this stock is a scam.
There's 41 pages of excellent information and opinions. Once you read that, you'll know what the rest of us know. Anything anyone would tell you now would just be redundant.
We also saw the new thread you started with the same question. Dude, ya gotta do your homework.
Maybe 50% aren't sure but think it is a good momentum play or think the short selling squeeze is possibly legit.
About 25% maybe more (I would be one of these) think this company is legit although they have had problems, think the naked short sales are part of what hurt this companies reputation and credibilty, think the naked shorts are going to have to cough up real shares in the next two weeks and think the mineral rights to the kimberlite fields are unique, diamond bearing and this stock is going to explode when all the PR's are out, with the Outstanding share count, test results from the core samples, naked short situation as well as percentage partners for various mines and other projects. I am looking to make some serious money here. IMO-DD-Debi
---------------------------------------------
Just to validate the fact that I didn't just fall off the turnip truck I posted on this board and the hot stock board here about 45 days ago on Dilution Patrol, Cornell Capital financing and some other related topics. When MOBL announced their equity deal with Cornell-I panic sold at .198 (I had bought at .02 and thought it was a great company-still may be) and the price hung in at .20-.21 for a while and then started trending down just as I predicted. Today I noticed it was around .15. I was warned in a friendly way by one person who posted on this board to not make too many waves on the financing front so I decided to cool it a little on that but I am bringing this up to kind of add some credibilty to what I have to offer. Take it for what it is worth. I could be wrong. But I don't think so. PS-If you are still holding MOBL and hoping it will recover-don't ride it all the way down unless you are willing to be long like 1 year long. I could be wrong but every company I looked at doing a google search on Cornell Capital Partners had eventually tanked big. It may not be their fault, but it sure looks like someone short sells the stock of their companies. -
DD-IMO-DD-Debi
You will have to answer that for yourself.
I sure hope it doeas a nice slow climb. Going up fast makes me think it will come down fast.
If it goes up slow it will offer more support for the price in my opinion.
I still think it will do good long but, I said the other day I think we might see .0001 before .001, I hope I am wrong.
Someone ask melvin if this is Mt. St. Helen or is this just a tremor?
Paul
quote:
Originally posted by wboo:
Hey should I buy, did this stock just shoot up today? It may go back down.
------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.
quote:
Originally posted by pharmdman:
Booty tried, and now he's kickin' himself in the booty! (see his post from 11:24am)... sorry Booty, ya' b@stard, I had to mention it!
Rrrr, you dirt miner, you'll get yours...
quote:
Originally posted by PAUL:Someone ask melvin if this is Mt. St. Helen or is this just a tremor?
Paul
LOL, I was thinking the same thing.
BID
8@.0006
3@.0005
2@.0004
2@.0003
quote:
Originally posted by makemoney3:
Current level 2 please!!!
Paul
------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.
No problemo
[This message has been edited by Booty Quest (edited June 07, 2004).]
quote:
Originally posted by PAUL:
Anyone have thoughts on all the 999,900 trades?Paul
I wonder if some brokerages can't handle a 1,000,000 trade so they break it up into smaller blocks.
------------------
~,-,-< GatorMan
[This message has been edited by dbmasters (edited June 07, 2004).]
They must of heard me. @.0008
[This message has been edited by rsnws (edited June 07, 2004).]
here comes 0008
I think it's strange that, not only does Scottrade NOT sell any more CMKX, but they keep freezing the streamer on it so it looks like it stalled and people might want to sell. Right now it shows no trades in 17 minutes. They do it throughout the day, but my LIIs show the truth. i'm removing 90% of my money from them tomorrow.
Seems to be valid since we've been hearing that CMKX is verry naked shorted. Why would Scottrade let SELL CMKMX but noy BUY? If they think CMKX is a scam, why'd a bigger broker like Ameritrade let you buy?
quote:
Originally posted by cool1sh:
From another board:Posted by: average investor
In reply to: Cali_traderCali_trader - this has been discussed here today some. My guess you have either Scottrade or Schwab. It has been reported that neither of these brokers will let their customers buy CMKX and some other stocks.
The thinking is: Because of the HUGH amount of shorted shares out by certain MM's, Scottrade CEO of board of MM NITE (reportedly NITE VERY short), Schwab is also a MM in itself and reportedly short also.
By Short the speculation is NAKED SHORT shares not the normal short process.
Know one knows for sure but there is a HUGH belief that this is true by shareholders and reportedly by CMKX CEO also.
My idea at this time is that it is true.
[This message has been edited by cool1sh (edited June 07, 2004).]
Makes you wonder?
PAUL
------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.
quote:
Originally posted by PAUL:
Ameritrade POSITION page keeps showing the pps @ .0004 & .0005 even thought the real time quote does not and the time & sales does not.Makes you wonder?
PAUL
BID
2@.0007
8@.0006
3@.0005
1@.0004
2@.0003
PAUL
quote:
Originally posted by skippy:
Can anyone explain why MM would short a stock with a value of .0001 or .0002? Being new at this, I don't understand the logic of shorting at those levels?
------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.
PAUL
quote:
Originally posted by cool1sh:
In Ameritrade, "Positions" page shows the delayed quote..
I just tried, showing 0007 now.
------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.
ASK
9X0008
4X0009 <--- NITE
3X0010
quote:
Originally posted by VNGNTN1:
BOOTY
Sign up for streaming quote and when you Enter symbol @ bottom & "quote" it will come up live.
If I were UC I would run out a PR Every other day, Talk about pressure?
VAN
Yeah, I'm cool, though, my L2s show the truth.
HA! We showed them! Nite and SCHB just jumped back up to 0007! We run the show if we don't sell. Sorry I sold some earlier But I bought back even more
quote:
Originally posted by Booty Quest:
so Nite jumped back down to BID - 0006 five minutes aga, then CRWN jumps up there for a couple minutes and then back to 0006. So there is a spread (0006-0008) but no one is selling at 0006!!! Awesome!HA! We showed them! Nite and SCHB just jumped back up to 0007! We run the show if we don't sell. Sorry I sold some earlier
quote:
Originally posted by onthemark:
wen does anyone expect to see the big retrace?
quote:
Originally posted by onthemark:
wen does anyone expect to see the big retrace?
Not sure if there will be many big retraces (at least ones spurred on by the MMs). If this stock has been shorted big time the MMs are in buy mode trying to cover their shorts. Therefore, they will not be trying to short it more and make their mountain they have to climb any bigger. Now that is if the theory on the Naked shorts is true.
Personally I would have thought to see a retrace already back down to .004 but there really hasn't been one all day which is cool
quote:
Originally posted by onthemark:
wen does anyone expect to see the big retrace?
Little retrace yes, big retrace certainly not.....
Subpenny is now (soon) story....
Do you read the last PR's and have you understand them ??????????
[This message has been edited by richnessforeveryone (edited June 07, 2004).]
[This message has been edited by smackdaddy33 (edited June 07, 2004).]
ASK
6X0008
6X0009 <--- NITE
2X0010
quote:
Originally posted by Leardron:
did the bid change or something because I have seen a few .0005 go through?
Nope, just a fluke.
[This message has been edited by WinsumLosesum (edited June 07, 2004).]
quote:
Originally posted by smackdaddy33:
I hope CMKX makes us rich. If I keep watching it all day I am gonna get fired and need the money.[This message has been edited by smackdaddy33 (edited June 07, 2004).]
You ain't kidding... ROFL
Source: My dual monitor's are filled with charts and stuff, not the 'normal' work items... Gotta love WindowsKey + L (quick lock screen on WinXP/03)
------------------
FurrySound
-DD-GLTA-Unless I've quoted a source, I know not what I speak of.
quote:
Originally posted by noahltl:
Back to .0008
anyone know how to hook up a 3rd monitor? just got it, but my video card already has 2 running on it... is it an easy split?
~BB
quote:
Originally posted by FurrySound:
You ain't kidding... ROFL
Source: My dual monitor's are filled with charts and stuff, not the 'normal' work items... Gotta love WindowsKey + L (quick lock screen on WinXP/03)
P.S. Low trades would only let me buy 500,000 at one time - what's up with that?
ie.
3 Market makers are bidding .0007
4 Market makers are asking .0008
3X4 .0007 X .0008
Making up the numbers in the example.
It also shows the DEPTH of the market.
ie.
BID
3 @ .0007
2 @ .0006
1 @ .0005
ASK
4 @ .0009
3 @ .0010
1 @ .0015
PAUL
quote:
Originally posted by GoldieStox:
Alright I am new here and am trying to learn all I can.. can anyone please explain what a level2 is.
Thanks & Good luck!
What an exciting day!
------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.
quote:
Originally posted by Money_Penny:
I missed the BOAT big time and got in at 0.0007 today (darn Lowtrades took 4 days to open my account - could've bought last week for 0.0004). I'm now second-guessing that move since it is running out of steam at 0.0008. Where do you guys think this is gonna go tomorrow?P.S. Low trades would only let me buy 500,000 at one time - what's up with that?
My guess (and this is only a guess) is it will gap up a little in the morning to .0009 and the end the day around .001 or .0011.
being positive
quote:
Originally posted by betting babe:
quick lock screen?? i LOVE THAT!!!
genius. thx Furry!!anyone know how to hook up a 3rd monitor? just got it, but my video card already has 2 running on it... is it an easy split?
~BB
You'll need another video card most likely. Any cheap PCI video should work fine.
Source: www.pricewatch.com <-- great prices on all PC equipment.
------------------
FurrySound
-DD-GLTA-Unless I've quoted a source, I know not what I speak of.
I understand what you are saying. I COULD HAVE opened an account when it was .0002 and was thinking about it but kept putting it off and now I pay the price!!! errrr!
However I am funding my choicetrade account and will have money tomorrow.
My experince with IBZT and QBID has been that there normally is a retrace, provided there is no new news or PR's. However anything can and will happen. Right now I am hoping for a retrace to below .0006 however I will buy in if I have the funds and it is at .0006 Worse comes to worse I buy another $100-$150 worth if it falls bellow .0006 again.
-John
quote:
Originally posted by Money_Penny:
I missed the BOAT big time and got in at 0.0007 today (darn Lowtrades took 4 days to open my account - could've bought last week for 0.0004). I'm now second-guessing that move since it is running out of steam at 0.0008. Where do you guys think this is gonna go tomorrow?P.S. Low trades would only let me buy 500,000 at one time - what's up with that?
Low trades takes 3 days to activate a new account, hence your delay. They have a limit set to 500,000 for any buy orders, on any stock. Sells are unlimited though. Note: Check their Fees page so you know what you are paying when you sell.
------------------
FurrySound
-DD-GLTA-Unless I've quoted a source, I know not what I speak of.
13mil strong
Good luck!
Bob
cmkx i love ya
$26,524 up in one freakin day!
can i pass out now
open a cold one boy's and girl's a toast to the stock of the day cmkx!!!!!!
AMEN
Thx Furry, but they're DVI LCD flat panels, and all 3 operate as one big screen, so while I wish it was that easy, I suspect it will not be. I'll work it out =)
~BB
nahhhhhhh kidding....
I always loved your posts on QBID thread.Cool
quote:
Originally posted by betting babe:
I got in at .0007 too. Kicking myself for ignoring it at .0001 but I do see it breaking .001 so not worried about what could have been...Thx Furry, but they're DVI LCD flat panels, and all 3 operate as one big screen, so while I wish it was that easy, I suspect it will not be. I'll work it out =)
~BB
quote:
Originally posted by Doji say what!!:
what a day!!!!!!cmkx i love ya
$26,524 up in one freakin day!
can i pass out now
open a cold one boy's and girl's a toast to the stock of the day cmkx!!!!!!
AMEN
You Basturd!!! LOL!!! Awesome! That's an SUV in one day!
quote:
Originally posted by Doji say what!!:
what a day!!!!!!cmkx i love ya
$26,524 up in one freakin day!
can i pass out now
open a cold one boy's and girl's a toast to the stock of the day cmkx!!!!!!
AMEN
DID YOU SELL YET?
I WAS JUST CHECKING OUT THE YAHOO CHART AND I'M SHOWING 0.007 AS THE DAYS HIGH. I THOUGHT SINCE YOU 66 MILLION CMKX SHARES, THAT WOULD BE ABOUT $462,000 . YOU CAN'T BEAT THAT. ONLY IN SUB PENNY LAND.
ANYWAYS, MY QUESTION IS DIDI YOU SELL?
------------------
IN SUB-PENNY WE TRUST
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
quote:
Originally posted by TradingWizard:
Read carefully, how many shares this guy holds - 763 000 000 Ouchhhhh. If CMKX goes sky rocking this guy will be next Bill Gates!!!
http://knobias.com/individual/public/news.htm?eid=3.1.7e dedcb6ca06b5809ca22337bc51a13cb1960e49f7af81c6a390487b382fc8fa
quote:
Originally posted by will:
Oh my goodness! That's all I can say, he is/was a believer!
That is what at said too! And if he bought for 0.0001 with today close he is 1/2 millioner.
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
"A feel-good factor spread across the market, traders said, as Wall Street recalled the economic growth it saw under former president Ronald Reagan.
Trading was light on the first day of a shortened week, as the New York Stock Exchange and the Nasdaq said they will close this Friday to observe Reagan's death.
But widespread media coverage of Reagan's time as president -- marked by explosive growth in the economy and the stock market -- rekindled a sense of optimism among investors.
"There could be a nostalgia rally, a bit of a Reagan bounce," said John Davidson, president of Partner Re Asset Management Corp. "There may be an element of looking back on the Reagan years that is giving people once again a sense of well-being.""
Source: TDWaterhouse Market & Research
WHEN THEY SLAP 9MIL BUY AFTER BUY AT .0008 YOU GOTTA FIGURE IT'S GOING UP FARTHER IN THE MID TERM....
PEACE
quote:
Originally posted by Doji say what!!:
NO NOT ONE SHARE!!!!!!WHEN THEY SLAP 9MIL BUY AFTER BUY AT .0008 YOU GOTTA FIGURE IT'S GOING UP FARTHER IN THE MID TERM....
PEACE
[This message has been edited by will (edited June 07, 2004).]
and in may everything went down!
quote:
Originally posted by Doji say what!!:
CDVJ just show's you can't guess the bottom on anything!!!!!and in may everything went down!
HOLD YOUR SHARES. THIS HASN'T EVEN STARTED TO MOVE YET!
couldn't wait scored ctkh at .0024/.0025 sold at .0034/.0035 had 8mil now i have 1mil in ctkh.
i'm think about adding to ctkh if cmkx goes over .0011 sell 6mil cmkx add to ctkh at .003/.0031 sell target .0040+.
peace will
quote:
Originally posted by vado:
That's all she wrote .0008 will be the year high.
Peace out.
Your a we todd Vado!!! Your the guy that got his azz kicked in school and kept coming back for more. It must be depressing for you to visit a site where you are left out. WE TODD DID
[This message has been edited by TradingWizard (edited June 07, 2004).]
quote:
Originally posted by tic_toc:
TAH got the approval, good stuff, just bought in today
Good luck!
I was waiting for this news patiently, and finally they got it the approval. I got in at 0.50, 0.385 and 0.33.
Check the news on the Canadian Stocks.
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
quote:
Originally posted by PAUL:
It has been growing pretty steady.You will have to answer that for yourself.
I sure hope it doeas a nice slow climb. Going up fast makes me think it will come down fast.
If it goes up slow it will offer more support for the price in my opinion.
I still think it will do good long but, I said the other day I think we might see .0001 before .001, I hope I am wrong.
Someone ask melvin if this is Mt. St. Helen or is this just a tremor?
Paul
HAHAHHAHAHAH - mt. st. helens ...i loved that wacky call from melvin to IBC ...
quote:
Originally posted by TradingWizard:
http://www.cafeshops.com/cmkx
OK this and the QBID one are not authorized by the companies. Why give someone else the profit? Buy the damn stock instead of buying the shirt. If you really want the shirt ...open your own FREE cafeshop store and put up the words or the image you want and buy it yourself for on demand printing.
quote:
Originally posted by sharkus:
OK this and the QBID one are not authorized by the companies. Why give someone else the profit? Buy the damn stock instead of buying the shirt. If you really want the shirt ...open your own FREE cafeshop store and put up the words or the image you want and buy it yourself for on demand printing.
Sharkus, relax. On the good or bad news people will find a way to make money.
I believe who ever does the t-shirts already have the stock.
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
quote:
Originally posted by TradingWizard:
Read carefully, how many shares this guy holds - 763 000 000 Ouchhhhh. If CMKX goes sky rocking this guy will be next Bill Gates!!!
http://knobias.com/individual/public/news.htm?eid=3.1.7e dedcb6ca06b5809ca22337bc51a13cb1960e49f7af81c6a390487b382fc8fa
He also has a nice little history with the SEC....personally I dont believe a word he says...good or bad for whatever I own.
quote:
Originally posted by fjean:
TAILS --- I PLAN TO OPEN A SUBWAY IN DECEMBER 2004
Good luck with the Subway. My brother owns 4 here in Michigan.
quote:
Originally posted by TradingWizard:
Sharkus, relax. On the good or bad news people will find a way to make money.I believe who ever does the t-shirts already have the stock.
Oh its not that its just instead of buying the shirts .. buy more shares!!! Heck a 50 dollar order would have bought 500K shares at one point ..
The annual demand for diamonds as been rising
7% a year, production has been rising 6%/year
Existing world mines, mostly South Africa, Australia and Russia are reaching the end of their life. Brazil has and is exploring for diamonds but Canada is now emerging as the main diamond hunting ground. DeBeers and the Russian State Depository have been having to dip into their stockpiles of diamonds, but now only have a 5 month supply left. And then
there are the blood diamonds: where rebels in
overseas countries have taken over diamond mines by killing the people in the area and also, even where rebels are not involved, the
governments use child labor. In Canada diamond companies such as CMKX are going to laser inscribe tiny images of polar bears and
maple leafs to indicate that the diamonds are
not blood diamonds and these will sell at a premium to other diamonds. Diaamonds crystallize and form under tremendous pressure and temperature at depths between 120 and 160 miles. When they rise to the surface as magma erupting as volcanoes they form a carrot shaped pipe. These were first discovered near the city of Kimberley South Africa on 1870, and ever since have been called kimberlites. In other areas of the world, the kimberlites have been broken up by glacer activity or geologic activity. The kimberlites in our area were not affected by either activity. Volcanic activity tends to form volcanoes in clusters and the same thing
has happened with kimberlites and in our area
this is especially true. Go CMKX. The life of a diamond mine can last for decades, especially the larger ones and Canada now has four of the largest six kimberlites in the world. There are two stages in investing in diamond companies. The first phase is the exploration phase, where you locate kimberlites by finding indicator minerals such as garnets with high chrome content (done that), then do an electromagnetic air survey for kimberlite signatures (done that) and finally do a preliminary drill sample (that's what we are doing now) Usually this will only give an indication of diamonds, some microdiamonds, maybe even a macrodiamond
Next, if this is favorable you mine a sample that thousands of tons of material and then to an extensive test of it. This is done, because, as I stated earlier, in othe parts of the world the kimberlites are broken into fragments and so an initial drill result can not indicate if the mine is of commercial quality. However, in our part of Canada, the kimberlites have not been fragmented and so we may only need the initial drill result to show if the kimberlite is of commercial quality. Go CMKX. If it does prove to be commercially viable, the the price of the stock shoots up, if not, well then nada. This is also called the speculative phase.
the second phase is the production phase. It takes a while to start producing diamonds, to build the infrastructe etc, and that is expensive. When you finally start producing diamonds, and if they are gem quality and have a reasonable amount of macro diamonds and if the life of the mine is going to be in the decades, then the price of the stock will have a second explosive price rise and then a steady price rise as it becomes recognized as a major diamond life. We appear
to finally be at the explosive stage of the first phase, and then, in the furture there is the second phase to look forward to. Go CMKX. Let the good times roll. It took a lot of guts for all of us to invest our hard earned money in the speculative first phase, but then it took guts for the first person who said, "See that chicken there, I'm gonna eat the next thing that comes out of its b*tt." With that, I'd better say good night. It should be an interesting time next week.
I have yet to figure out what I am doing wrong. As I write one word here, part of another sentence starts moving on the page and eveything gets funny looking.
Reality Check about MM's and Short's
« Thread started on: Today at 5:59pm »
I am new to this CMKM stuff. I found out about this company a few weeks ago. When my friend first told me about it. I laughed internally thinking my friend was throwing his money away at .0001 cent stock. He is rich though, so why not drop some cash on a really expensive lottery ticket. There are many theories out there about why the stock has moved and where it will go. After reading all the ridiculous theories about mm's and 1.4 trillion shares short I have to respond to end the brutality.
As a former market maker and a member of the NASD let me divulge a few details about what MM's due.
Before we go there let me assure you there are no institutional investor's in pink sheets stocks. Not hedge funds and definitely NOT MUTUAL FUNDS. They have no reason to throw there money in what could be a "pump and dump" scheme. The beauty of the pink sheets is there are no real rules and therefore any company can be anything it wants.
First no mm on earth will ever short a .0001 cent stock. Do you know why? CAUSE THEY CANNOT MAKE ANY MONEY ON IT!!!! why as a market maker would risk an endless amount of cash to make .0001 cent stock. What if this CMKM thing is true and they are sitting on a real pocket of diamonds they are reaching for the stars to get out. Why do that and why take that risk. Do not tell me to get .00005 cent is worth the risk it is not and they know that. Here is what mm's do. They put in a bid an offer on both sides of the market and manage inventory kind of like a ticket scalper at Wrigley. They stand on the corner and they provide a service buying tickets from people that have four tix but one person did not show up and they need to liquidate it the MM(scalper) who knows what those tix are going for makes a bid to the desperate person I will take your inventory and try to stand here and liquidate it myself hopefully for a profit. The desperate person agrees cause he needs beer money and a tix a wrigley can fetch quite a few beers. So a trade happens. The scalper then stands there and immediately tries to sell that ticket for more than he paid for it. What he does in a very non-sophisticated way is manage inventory, if he continues to accumulate inventory he lowers the price in order to encourage buying much like a store when things go on sale. MM's do this on a day to day basis and yes they do play a lot of games. That is how they make there living one quick buck to the next. They do not hold positions for more than a few mins much less a couple hours and they definitely do not go home with anything substantial in inventory.
Here is what I am trying to relay. I am not a basher of this stock. I have advised my friend to hold his stock until the company releases financials as they have promised to do. So those of you that say long and strong and no one sell I applaud you.
I willing to guess however that even if most of you sold on this message board it would not make much of a difference on the actual share price, except the people out there with over 100+million shares and you know who you are. What is pushing this stock up besides momemtum is the TEXT that UC is sitting on a cache of diamonds worth multiple billions. If he is not and all of this is BS this stock will plummet back to your fav. place the .0001 doldrums that it has been for so long. But if this is company is legit you will all make millions very easily. IF he has this cache DeBeers will be forced to make a move.
So we all know that and we will all wait until these results come back and the audits come thru. Then everyone will know what this company is worth. Basic valuation lesson FLOAT*share price=Market Cap. The two biggest companies in the world MSFT and GE only have market caps of 50 billion so if you find out that there are 37 billion shares outstanding dont expect this stock to be worth a buck. Think about value and base your trading desicions on that. Ultimately that is why stocks move, because they have fundamental changes in value, these press releases coming forth in the next month or so will fundamentally change value positive or negative. What nite and JEFF and other mm's are doing intraday has no effect long term on where the price is going. INTRA-Day think about in and out all in the same day.
In conclusion, the possibility exists with the stock where it is that a lot of shorts can and might enter the market where the stock is right here. .0008 offers tremendous potential back to the downside. That is why there was so much action from .0008 to .0005 late in the afternoon. why not sell at .0008 under the annual high and try it buy it back for a couple tix that is what market makers do. They are not inherently evil(do not get me wrong they do evil things) they like you are trying to make a quick buck. So put things into perspective instead of this US against the world mentality realize this is a competitive game and you can switch sides at any time. The only thing selling at this point you risk is if this thing takes off which it could do at any point from here is missing the big one. Also Short Squeezes can be very powerful but in order to do that the stock has to be at a place where people want to go naked short albeit under an alltime hi. not at absolute zero.
Finally, I hope for everyone on on this message board that CMKM is a legit company and they find the largest cache of diamonds known to man. But keep reality in perspective during these exciting times. Do not lock yourself in the bathroom for three hours to get away from the kids to dream about your "unrealized gains" and hitting refresh on your browser, be realistic. If this stock blows up it will be because there is fundamental news and hopefully enough people are enticed to short at .0008 and above and when they scramble to cover there is no one there to sell it to them. GOOD LUCK!!!! and happy diamond hunting.
P.S. I welcome any and all constructive comments to this post. I am not a basher I wish I had a couple hundred million shares of this stock.
by. phatsnapper
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
quote:
Originally posted by right42day:
Thank you, to all for the positive and negatives regarding this stock and others. I am 2 weeks new to this and all of you have been very helpful. It has been a very exciting day! Bought CMKX at .0002, have TFCT, QBID.
Don't forget GZFX!
------------------
IMHO - GLTA - Reductio Ad Absurdum
Gentlemen’s Agreement*CMKX*UCAD*MMs…
Before reading this post, put your mindset to think outside the box. You got to realize that whatever is going to happen is going to happen outside the box. It will be out of the norm from what you are use to seeing. These are only “theories” until proven to be “facts” by the company.
Back on 10 Apr 04, I had posted some rationale as to how things could work if UCAD reverse merged into CMKX (not CMKX reverse merging into UCAD). This would have a forward split affect on the shares of UCAD and no affect on our CMKX shares, but would significantly and immediately enhance value in CMKX to the pennies for starters. Below is a more user-friendly revision of that post and very powerful.
On 3 Jun 04, we announced that we are going to retain Pacific Stock Transfer, Inc., to become the new Transfer Agent for CMKX. This is another one of those subliminal hints that we are about to do something very serious and significant with UCAD who also has Pacific Stock Transfer, Inc. as the same Transfer Agent. http://www.knobias.com/individual/public/news.htm?eid=3.1.4401cf3a8591894ec82b0740e191aaf15172c7a003501d4edd4c45337763294a
According to the most recent 10Q filed on 21 May 04, the AS & OS for UCAD is below:
Authorized Shares (AS) = 100,000,000
Outstanding Shares (OS) = 7,770,745
Since I do “now” believe that there will be a CMKX and UCAD merger, I think that the ratio for the merger will be a 1,000 to 1 forward split ratio for UCAD to allow for UCAD’s share structure to be absorbed into CMKX’s share structure. Because of such, this means that the OS for CMKX must be 1,000 times more than that of the UCAD OS as indicated below:
CMKX OS = UCAD OS x 1,000
CMKX OS = 7,770,745 x 1,000
CMKX OS = 7,770,745,000
You could determine or derive the UCAD forward split ratio too by dividing the OS of UCAD by the OS of CMKX as indicated below:
UCAD OS ÷ CMKX OS = UCAD Forward Split Ratio
7,770,745,000 ÷ 7,770,745 = 1,000
When a company does a forward split, it is usually indicative as a fundamental sign of growth. I tell you what! If UCAD drops news of a 1,000 to 1 forward split many would buy UCAD up to levels a lot higher than where it’s at now. If I had to guess, I would think that UCAD would trade well over $40+ per share. Those who trade forward split stocks with huge ratios in the past know exactly what I mean.
Any significant news released through UCAD or CMKX would move UCAD up tremendously knowing that they would become one and since the float is so low in UCAD.
For calculation purpose, let’s assume that the price of CMKX is .001 cent and that the price of UCAD is $1.00 per share to just keep the math simple.
So, this is saying that every 1 share of UCAD at $1.00 per share is equal to 1,000 shares of CMKX at .001 cent per share. Or to better put it…
1 UCAD share x $1.00 = $1.00 per share
1,000 CMKX shares x .001 = $1.00 per share
1 UCAD share = 1,000 CMKX shares
So,
1 UCAD share ÷ 1,000 CMKX shares = 1
Someone might ask… Why would UCAD accept to do such a merger with CMKX? Because Urban and CMKX has proven that they have enormous value that would make UCAD trade at levels higher than what they have already been trading.
This means that, until the merger actually takes effect, as the price of one goes up, so does the value in the other and the price should follow. This allows for CMKX and UCAD to carry each other upward in share price and value as huge news gets released on CMKX. Let’s observe to determine the price of equilibrium…
If huge news is dropped and CMKX runs to .05 cents, this would mean that based upon the merger law of equilibrium from the above scenario, the value of UCAD would be worth the figure below from the above formula. Determine by solving for X:
Formula
1 UCAD share ÷ 1,000 CMKX shares = 1
1 UCAD share = X
If CMKX runs to .05 cents, then…
1,000 CMKX shares = 1,000 x .05
1,000 CMKX shares = $50.00
Now let’s solve for X…
X ÷ $50.00 = 1
X = $50.00
The way to interpret this is to ask yourself what price for X divided by $50.00 would give me an answer of 1. If by further calculating the problem, you would see that any price of X that gives you a total of less than 1 is an indication that such level is still undervalued compared to the value of the comparing stock. The formula would work in reverse for determining the value in CMKX as UCAD goes up too.
This means that if UCAD is still sitting at $1.00 while CMKX is sitting at .05 cents, then you would know that UCAD is significantly undervalued until it is bought up to its equilibrium price of $50.00 per share.
This is why UCAD would highly consider merging into CMKX knowing that CMKX has value that they could piggyback on. The opposite effects could result with CMKX by just solving for CMKX instead of UCAD in the above example to show CMKX could piggyback on the value of UCAD as the price is increased.
With UCAD having such a low float, it would not take much buying to get UCAD to extremely higher levels that would carry CMKX to those higher levels of equilibrium. This would be a win win situation for the companies, shareholders, and even the MMs.
The MMs would still have to pay, but the blow would not be as bad because they could buy shares in UCAD to cover their short position in CMKX by 1,000 times from buying UCAD shares along with buying shares in CMKX to cover too. As they cover through UCAD, they will ultimately continue enhancing the value of CMKX.
Going private will be a plan that UC will execute as a last resort if the MMs don’t cover to the levels for them to get to a major exchange. Their deadline will be in Sep 04 in my opinion. Don’t be surprised if we creep up into the dollars by then. We should be entering the pennies in less than a few days in my opinion.
Since I do think that we are going to the AMEX, I think that the MMs are asking for Urban to give them a chance to cover by going to the OTCBB first because people would sell along with obtaining new buyers to give the MMs a chance better cover and to re-create an orderly market to get CMKX to the $3.00 per share AMEX listing price requirement (or could be lower).
Really, as long as it’s a major exchange higher than the OTCBB, eventually it would not matter. Still, I do believe that we will crawl before we walk, then run, by first going to the OTCBB. I am very confident that the ultimate goal is not to remain on the OTCBB, but to first get there to establish that initial legitimacy.
Urban does want the MMs to cover by not destroying them. I am thinking that Urban will give the MMs a fair opportunity to cover through UCAD if they cooperate with a fair price increase for CMKX. This will too be part of the “Gentlemen’s Agreement” to the MMs.
All of this is very powerful and no doubt requires some being able to think outside the box. The above are still “theories” until proven “facts” by the company. I must say again, a special thanks to Urban, Melvin, and the rest of the CMKX TEAM. CMKX will help us all to achieve new levels of prosperity!
All is well! http://www.sterlingsclass.com
;-)
Sterling
______________________________________
May God Bless All.
Started By: Frank Famularo
Date: Jul 23, 2002 9:19 PM
In the ten years since the Lac de Gras discovery, Canada has yielded some very high grade diamond deposits. Five of the highest value per tonne deposits in the world are now in Canada, including the three richest in the world. By revenue, Canada is rapidly climbing the world diamond production ranking. From zero production in 1998, Canada has now overtaken Australia and become the world’s sixth largest diamond producer by revenue, accounting for about 6 % of world diamond production by revenue.It is estimated that Canada will be producing approximately 15 million carats per year by 2007, which will be almost 12% of world carat production. Canada’s projected diamond production looks even better by revenue. Based on three mines in Canada, revenue production will peak at about 19% of world diamond production by 2008. With commencement of full production at Diavik in 2003, Canada will be jockeying for third position with South Africa. There are more commercial diamond deposits yet to be confirmed throughout Canada. Canada’s statistics are impressive, but potential exists for these numbers to grow even further. There are other prospective diamond exploration regions in Canada. A few projects have emerged from the first decade or more of diamond exploration in Canada. These projects do not yet host advanced exploration or development stage projects. If all of them were developed, these discoveries could allow Canada to overtake Russia in second place of world revenue production rankings.
above data was extracted from a presentation Robert Boyd conducted during the World Diamond Conference
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
Diamonds , ice, bling,bling, a girls best friend.
Well the first thing you know ol Jed's a millionaire,
Kinfolk said "Jed move away from there"
Said "Californy is the place you ought to be"
So they loaded up the truck and moved to Beverly.
Hills, that is. Swimmin pools, movie stars.
quote:
the 5 "C's" of diamonds
color, cut, clarity, carat and CASAVANT
Are you sure there's not 6 "C's" with the 6th one being con? Sorry all, I know I'm gonna pay for that one!
quote:
Originally posted by Upside:
originally posted by jackpot:
Are you sure there's not 6 "C's" with the 6th one being con? Sorry all, I know I'm gonna pay for that one!
Yes we will deduct from your future CMKX profits!
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
quote:
Yes we will deduct from your future CMKX profits!
Sorry TW! Old habits die hard!
quote:
Originally posted by jackpot:
Come and listen to a story about a man named Jed
A poor mountaineer, barely kept his family fed,
Then one day he was surfing on the net,
And up on the screen popped the ticker CMKX.Diamonds , ice, bling,bling, a girls best friend.
Well the first thing you know ol Jed's a millionaire,
Kinfolk said "Jed move away from there"
Said "Californy is the place you ought to be"
So they loaded up the truck and moved to Beverly.Hills, that is. Swimmin pools, movie stars.
All or nothing! My 100 dollar lottery ticket
quote:
Originally posted by Upside:
originally posted by TradingWizard:
Sorry TW! Old habits die hard!
Upside, I know.....but you will get better, it just a matter of time. lol
On the side, congratulations to Tampa Bay, and Flames excellent play tonight!
Stanly Cup Playoffs 2004
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
[This message has been edited by TradingWizard (edited June 07, 2004).]
quote:
On the side, congratulations to Tampa Bay, and Flames excellent play tonight!
I guess so but man, I wanted Calgary to win. Not much of a hockey fan but a team from Florida has to win it!? Don't know where you're from TW but I apologize if you're from Florida. How long has it been since a Canadian team has won? That's where it all started and that's where the cup belongs. Or maybe Chicago. I'd love to see the Blackhawks win!
Took me that long to stop doing the
Happy Happy Joy Joy thing!
I'm feeling much better now!
But the neighbors won't stop staring at me!
Fu*& um I'm gettin rich!
quote:
Originally posted by Leeman1:
Good luck with the Subway. My brother owns 4 here in Michigan.
i bet your bro is making some
------------------
IN SUB-PENNY WE TRUST
quote:
Originally posted by Upside:
originally posted by Trading Wizard:
I guess so but man, I wanted Calgary to win. Not much of a hockey fan but a team from Florida has to win it!? Don't know where you're from TW but I apologize if you're from Florida. How long has it been since a Canadian team has won? That's where it all started and that's where the cup belongs. Or maybe Chicago. I'd love to see the Blackhawks win!
I wanted Calgary to win too, but that was Saturday. They probably go tired travelling.
I am Canadian, 1/2 north of Toronto, and back few weeks I wanted Leafs to win, but hey. So I changed over to Flames. After all they did well this year, so we should give them a credit for coming 2nd. And there is always a next year...I am not much of a hocky fan also, but my husband watches so I do to...just back and forth thing, he watches my shows and I watch his...I usually enjoy the agressive games.....
Glad that you are neutral on the CMKX thread...its a first step. Don't mind when people bash the stock anymore, its good to see associated risks. I just don't like when people get frustrated and stressed out over it for nothing. Life is too good to get stressed over things like that. Relax and enjoy the ride.
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
[This message has been edited by TradingWizard (edited June 07, 2004).]
quote:
Glad that you are neutral on the CMKX thread...its a first step. Don't mind when people bash the stock anymore, its good to see associated risks. I just don't like when people get frustrated and stressed out over it for nothing. Life is too good to get stressed over things like that. Relax and enjoy the ride.
I feel there is a big difference between "bashing" and dissent. My convictions about this stock remain in place but I'll be the first to admit here, this is on a roll and I'm as happy as a lark. I had a GTC sell in for a few months at .0002 and cancelled it when the heat really started to turn up on this stock. Now I'm going to sit back and watch it. I still find myself in the first 25% group of WWJD-thru-me's post on page 41 and can't help but think that a lot of people are going to be hurt real bad by the time this all plays out. Hope I'm wrong but we'll see.
quote:
looking for .0014 tomorrow.
I'm predicting .0009 at the open and then profit taking to .0005/.0006
quote:
Originally posted by Upside:
originally posted by TradingWizard:
I feel there is a big difference between "bashing" and dissent. My convictions about this stock remain in place but I'll be the first to admit here, this is on a roll and I'm as happy as a lark. I had a GTC sell in for a few months at .0002 and cancelled it when the heat really started to turn up on this stock. Now I'm going to sit back and watch it. I still find myself in the first 25% group of WWJD-thru-me's post on page 41 and can't help but think that a lot of people are going to be hurt real bad by the time this all plays out. Hope I'm wrong but we'll see.
I guess I am going to stay away from the 'bashing' word....I seem to get in trouble everytime I mention or call someone a basher...so no more bashing words in my vocabulary - it is not even in dictionary.
Many times I been tempted to trasfer more money and buy more, I think I had a order for 0.0001 when it was running 0.0002. Glad that I did not. So if it goes then I still will make substantial amount of money, and if it does not then I loose 350 dollars plus 29 commission, but if it goes back to 0.0001 again and hangs around then I sell it and I will loose 2x29 dollars....a money that I can afford to loose.
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
quote:
Many times I been tempted to trasfer more money and buy more, I think I had a order for 0.0001 when it was running 0.0002. Glad that I did not. So if it goes then I still will make substantial amount of money, and if it does not then I loose 350 dollars plus 29 commission, but if it goes back to 0.0001 again and hangs around then I sell it and I will loose 2x29 dollars....a money that I can afford to loose.
Yep, you're right, you'll lose 58 dollars. No big deal. But what about the new investors who are throwing everything they have into this stock? That's what concerns me. There is a real possibility of people being completely wiped out here. Caution and free shares should be the key words here. So many people are thinking overnight millionaire when they should be satisfied with the big profit that's sitting right in front of them.
quote:
Originally posted by Booty Quest:
By the way, FarmBoy, you talked me into selling 20k TFCT @ .086, which of course was right before it shot up to .094! You're on my list, pal.
You're hearing things, beyotch! Buy some QTips!.. LOL..
Just because I made 186% on my sale doesn't mean you should try to do it too... LOL!... Of course, it continued to soar once I sold, so why the hell did you listen to me!.. oh wait, that's right,.. my story is that I didn't tell you to sell... yeah, that's it.. that's the ticket... I'm hoping it retraces... but I was wrong about it dropping today too...
quote:
Originally posted by Upside:
originally posted by Paul:
I'm predicting .0009 at the open and then profit taking to .0005/.0006
quote:
I have good news for you all!!! You know how that guy JEFF just wouldnt get out of your way the last couple days? Well that was a trader friend of mine selling over 2 billion shares, yes, 2 billion. He accumulated 3.5 billion at .0001. He is holding the 1.5 billion for longer since they are long since free. But JEFF shouldnt be as much of a problem anymore now that he has lightened. Good luck.
You know him too? Last I talked to him though he had almost 5 billion.
quote:
Originally posted by SAMSON123:
You don't like the way it is trading? It is finally trading.
ahhahaha yeah!
after a few name and symbol changes the thing is actually moving ...
quote:
Originally posted by mainstay:
I'm out... I don't like the way this thing is trading right now, and frankly, I don't trust this company at all. Good luck to those holding long.
quote:
Originally posted by will:
That .0009 / .0010 resistance is a tough nut to crack. I hope it soars right through it, but an opportunity to add a few more shares at .0004 would be acceptable at this point.
I'm really hoping that you're right, will... especially since I sold half at .0008 today... i'd love to double what I sold..
quote:
I'm out... I don't like the way this thing is trading right now, and frankly, I don't trust this company at all. Good luck to those holding long.
It was a lot more exciting when it didn't move from .0001 for months on end, right?
quote:
Originally posted by Upside:
My guess is that you are going to see a VERY brief uptick to .0009 followed by a sell off to .0005 where it will probably hover for the bulk of the day. Just my opinion but if you can get out at .0008 or .0009 early, I'd do it and if you believe in this one, get back in around .0005/.0006.
Must Read Inside on CMKX---> To My Readers!!!
Readers, I am going to start this email in a somewhat different
way. Before I go into the trading pattern today and company outlook
(opinion only) I want you all to know I am still putting my money
behind this play. I did purchase another 5,150,000 shares of CMKX
today rounding my current holding to 769,000,000 common shares. All
these shares are bought with my own money.no paid profile or
solicitation has taken place.
Today the trading pattern was similar to the pattern last week. The
stock ran at the open with huge volume then pulled back slightly but
not enough to allow traders to scalp a trade. The offers were
getting slammed all day long with buyers building huge positions.
The stock closed .0008 with strong buying into the last minute of
trading.
Readers I am expecting follow news leading from last Friday's two
press releases. Those two press releases were just setting the stage
for what's coming. I think CMKX will continue with leader press
releases then launch a bomb press release that will catapult CMKX
stock to highs nobody expects.
Let me break down a couple events I am looking for this month to be
announced.
1. Everyone is guessing at how many shares are issued/outstanding.
My guess is between 8 billion to 15 billion shares.
This is difficult for many to believe because we know the Authorized
is 500 billion. To guess the company issued all this Authorization
is nothing but a guess. No filings are available to back this up.
Rumors floating around suggest the Market Makers have been naked
shorting for many months against the 500 billion authorization. When
the Market Makers see a company increase to this type of
authorization the immediately figure the company is a candidate for
bankruptcy. The Market Maker starts selling at the offers to all
buys naked shorted shares (Naked short shares and shares that are on
paper only, no certificates issued to back the short sell).
In addition, can't prove this, rumors say Urban and his close friends
have been buying while the Market Makers sold thinking the company
would disappear, out of business (BK). It's rumored they hold 1.2 to
1.4 trillion shares accumulative in their accounts and they know the
issued/outstanding is very low, my guess 8-15 billion shares. If
this is the case this is going to get very interesting as press
releases start getting into the numbers around this naked short.
This could be the mega short squeeze in the history of stocks.
2. Second possible press release could be about assay results from
the recently drilled holes at the Carolyn Project. Everyone knows
this is a pending press release. Rumor has it the assays are going to
be rich with Diamond content with high quality diamonds.
3. Third everyone knows this company has been actively acquiring
more claims and we are told they have in the excess of 3,000,000
acres of claims. Melvin O'Neil has put this info at the company web
site so it's no secret but we are not hearing how big these claims
are or what minerals are actually in all these claims. Rumor has it
THEY HAVE DISCOVERED THE MOTHERLOAD OF ALL DIAMOND FINDS IN THE NORTH
AMERICAN CONTENT. Rumor has it this claim makes the Carolyn Project
look like a tip of a pin in comparison. All shareholders are excited
about the Carolyn Project and we are told we will hear about this
mega big find sometime this month.
4. I am also looking for a valuation figure of some sort to be
placed on this company. If they have a huge diamond find as rumor
claims this value could easily go to $200 billion dollars or higher.
5. Also remember in the last press release, "Urban Casavant,
announces that the Law Firm of Edwards & Angell has been retained to
represent the Company in its desire to become fully reporting once
again. Lead counsel for CMKM Diamonds, Inc., D. Roger Glenn, is a
partner at the firm and has over 20 years of extensive experience in
working with public companies"
This sentence suggest CMKX is attempting to become a fully reporting
company again. To become a fully reporting company all the previous
numbered points 1-4 has to take place. We have number 5 only so look
for points 1-4 to follow soon.
In addition to the above points, Melvin O'Neal, IR, has been on
IBCradio three times telling listeners CMKX has the goods and will
deliver as he promises. He has stated this very bluntly and to the
point.
Melvin has described what is about to take place as Mt. St. Helens
erupting. He said before Mt. St. Helens erupted experts were setting
up machines all around the mountain preparing fore the eruption.
Preparation took a long time but everyone knew the mountain was going
to do something but what magnitude was questionable. WHEN MT. ST.
HELENS ERUPTED IT BLEW IT'S TOP, surprised everyone watching and
caught everyone by surprise. This is what Melvin said was going to
happen the CMKX stock as all the pieces are put into order and major
press releases start to come out. CMKX stock will explode all at once
and If Your Not Prepared You Will Miss The Explosion.
If you take into account Melvin's description of Mt. St. Helens
explosiveness and on the low side say CMKX has a valuation of $100
billion dollars of precious minerals and has 100 billion shares
issued/outstanding the per share value, with no multiplier, would be
projected value of $1.00 per share. If I increase the value to a
projected value of $200 billion and shares issued/outstanding are
only 10 billion, the per share value would be $20.00 per share. Humm
if I was write or even somewhere in between grab a hold of you chair
because Mt. St. Helens/CMKX is about to explode and the entire world
will soon fin all this out!!!!!!
READERS THIS IMO IS GOING TO BE HUGE!!! I AM LOADING UP, BUYING
DAILY AS THIS PRICE RISES PREPAIRING MY PORTFOLIO FOR A MASSIVE
EXPLOSION. THIS COULD BE A MAJOR MAJOR MAJOR STOCK PLAY!!!
Readers don't miss this one and kick your self for not owning a
position. As I am writing I know a few individuals that are hurrying
to open up new accounts to buy CMKX shares. I know others that are
transferring money to add to their positions. This could be a once in
a lifetime to good to be true deal that might come true, I think it
will come true but to what magnitude is the million dollar question
we are all looking for the answer to.
Thank you all very much,
ALL WE HAVE TO DO IS LAUNCH...wait, FIND DIAMONDS!!!
quote:
Originally posted by Upside:
originally posted by roger7485:
You know him too? Last I talked to him though he had almost 5 billion.
CMKX Trading Stat for 6-07-2004, Monday
@ 0.008
Vol = 400,000
Pert = 0.0025%
Trades = 1
$ = $3,200
@ 0.0075
Vol = 3,000,000
Pert = 0.02%
Trades = 1
$ = $22,500
@ 0.0071
Vol = 100,000
Pert = 0.00%
Trades = 1
$ = $710
@ 0.007
Vol = 9,000,000
Pert = 0.06%
Trades = 1
$ = $63,000
@ 0.0061
Vol = 999,000
Pert = 0.01%
Trades = 1
$ = $6,094
@ 0.0012
Vol = 999,999
Pert = 0.01%
Trades = 1
$ = $1,200
@ 0.0008
Vol = 3,783,266,759
Pert = 23.50%
Trades = 1,746
$ = $3,026,613
@ 0.0007
Vol = 8,785,300,933
Pert = 54.57%
Trades = 3,749
$ = $6,149,711
@ 0.0006
Vol = 2,841,756,587
Pert = 17.65%
Trades = 982
$ = $1,705,054
@ 0.0005
Vol = 664,502,288
Pert = 4.13%
Trades = 225
$ = $332,251
@ 0.0004
Vol = 4,000,000
Pert = 0.02%
Trades = 1
$ = $1,600
@ 0.0003
Vol = 1,000,000
Pert = 0.01%
Trades = 1
$ = $300
@ 0.0002
Vol = 3,800,000
Pert = 0.02%
Trades = 1
$ = $760
Total Vol = 16,098,125,566
Total Trades = 6,711
Total $ = $11,312,993
now that's say's something
THANKS FOR link
VAN
[This message has been edited by cool1sh (edited June 08, 2004).]
are they buying for short covering or $$$$$$$ beacuse of the future earnings of cmkx????
On IBC radio the other day they were talking baout the fact that institutional does NOT take place at these levels. Further they were saying that the information that people were talking about being institutionakl buying was not. I think they were saying it was MM's or something.
Not trying to be a dark cloud. Just passing along what I was hearing.
I hope you are correct, not them.
PAUL
quote:
Originally posted by Doji say what!!:
very interesting
so far this month institutional trading has accounted for 24% of the total trades!!!!!!!now that's say's something
------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.
PLUS FUNDS LIKE:
WEST ELLIS INVESTMENT MANAGEMENT INC
PO BOX 2253
DECATUR, AL 35609-2253
(256) 353-2126
THEY OWN 400,000 SHARES IN CTKH ALSO A PINK WITH NO INFO AT ALL! THEY WOULD BE LISTED AS A INSTITUTIONAL TRADER MAYBE ON I WATCH?
LINK: http://www.nasdaq.com/asp/Holdings.asp?mode=&kind=&symbol=CMKX&symbol=CTKH&symbol=
&symbol=&symbol=&symbol=&symbol=&symbol=
&symbol=&symbol=&FormType=&mkttype=&pathname=
&page=holding ssummary&selected=CTKH
[This message has been edited by Allstocks (edited June 08, 2004).]
Anyway, before it gets too busy around here, here's a couple little images to start off our day:
(See this one first)
http://members.aol.com/cmkxpoint0001/cmkx02.jpg
http://members.aol.com/cmkxpoint0001/cmkx01.jpg
quote:
Originally posted by Booty Quest:
Thanks, Winsum
[This message has been edited by WinsumLosesum (edited June 08, 2004).]
[This message has been edited by WinsumLosesum (edited June 08, 2004).]
[This message has been edited by WinsumLosesum (edited June 08, 2004).]
L2 21 TOTAL MM'S
BID
.0007 X7 RECENT MOVES
.0006 X2
.0005 X3
ASK
.0008 X3
.0009 X6
.0010 X3 RECENT MOVE
.0011 X2 RECENT MOVE
PEACE
[This message has been edited by VNGNTN1 (edited June 09, 2004).]
jeff is also strong on the bid!
schb moved to .0010 strong on .0008 tdcm moved to .0008 hill to crwn to
wow
quote:
Originally posted by WinsumLosesum:
Hey Sleeping Booty, are you awake?Anyway, before it gets too busy around here, here's a couple little images to start off our day:
(See this one first)
http://members.aol.com/cmkxpoint0001/cmkx02.jpghttp://members.aol.com/cmkxpoint0001/cmkx01.jpg
WOW!!! You ROCK!!! LMAO! CMKX gonna blast off! Everyone check out our resident artists pics!
Let's do this thang!
ASK
.0009 X6
.0010 X6
.0011 X2
[This message has been edited by Doji say what!! (edited June 08, 2004).]
quote:
Originally posted by WinsumLosesum:
Hey Sleeping Booty, are you awake?Anyway, before it gets too busy around here, here's a couple little images to start off our day:
(See this one first)
http://members.aol.com/cmkxpoint0001/cmkx02.jpghttp://members.aol.com/cmkxpoint0001/cmkx01.jpg
[This message has been edited by WinsumLosesum (edited June 08, 2004).]
[This message has been edited by WinsumLosesum (edited June 08, 2004).]
[This message has been edited by WinsumLosesum (edited June 08, 2004).]
LOL.. fantastic, Winsum!
Morning all! GLTA today... i can't believe I sold half yesterday... i must've been in the middle of an aneurism! ... at least i still have enough to retire if this goes high enough...
It was a clear headed decision to sell yesterday and lock in profits.
The fear of loss is so great in this one right now, you are one of the few that did what probably should be done.
PAUL
quote:
Originally posted by pharmdman:
LOL.. fantastic, Winsum!Morning all! GLTA today... i can't believe I sold half yesterday... i must've been in the middle of an aneurism!
quote:
Originally posted by pharmdman:
LOL.. fantastic, Winsum!Morning all! GLTA today... i can't believe I sold half yesterday... i must've been in the middle of an aneurism!
You lousy jaga$$! you freakin morony fugachy spinzoni homogo
quote:
Originally posted by Upside:
originally posted by TradingWizard:
Yep, you're right, you'll lose 58 dollars. No big deal. But what about the new investors who are throwing everything they have into this stock? That's what concerns me. There is a real possibility of people being completely wiped out here. Caution and free shares should be the key words here. So many people are thinking overnight millionaire when they should be satisfied with the big profit that's sitting right in front of them.
Upside, as much as you want to help everyone, only so many will listen.
You cannot be accountable for each individuals mistakes, we can only give them suggestion but cannot tell them what to do, because this is 50/50 chance and if it takes off then you could be at war with those who got out because you told them to be careful.
PS When I say 50/50 chance I don't necessary mean the the company is a scam, there may be other risk associated, terrorist attack, Cnd federal gov approval (which take a long time or does not get approved), mine collapses and delays the production) etc. etc....
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
9 @ .0008 Bid
3 @ .0009 ask
Paul
------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.
quote:
Originally posted by WinsumLosesum:
Hey Sleeping Booty, are you awake?Anyway, before it gets too busy around here, here's a couple little images to start off our day:
(See this one first)
http://members.aol.com/cmkxpoint0001/cmkx02.jpghttp://members.aol.com/cmkxpoint0001/cmkx01.jpg
[This message has been edited by WinsumLosesum (edited June 08, 2004).]
[This message has been edited by WinsumLosesum (edited June 08, 2004).]
[This message has been edited by WinsumLosesum (edited June 08, 2004).]
Image 1 looks very real! Excellent combination!
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
quote:
Originally posted by PAUL:
Phar,It was a clear headed decision to sell yesterday and lock in profits.
The fear of loss is so great in this one right now, you are one of the few that did what probably should be done.
PAUL
LOL, thanks Paul! It's so easy to see diamonds and get sucked into the fantasy. I'm expecting a retrace (sorry all, i know you don't want to hear it... but don't worry, I'm wrong a lot) to try to get back in.
Of course, I bailed on TFCT yesterday too.... I saw $$ yesterday and couldn't stop myself. If I played these both wrong and I lose a ton of money, I'm going to poke my eyes out. I'll then be posting under "RedTipCane"... of course, I won't be able to read anyone elses posts... and mine will look like "ldklaii e;eo aa oiijoif"... but that's another story...
go CMKX
Go CMKX, get those diamonds!!!
quote:
Originally posted by Booty Quest:
You lousy jaga$$! you freakin morony fugachy spinzoni homogo
LMAO.. I think I need the Earth-to-Booty dictionary for that one....
quote:
Originally posted by Doji say what!!:
...SOMEONE TELL THESE GUY'S THE MARKET ISN'T OPEN YET!!!! LMAO[/B]
They are making up for this coming Friday - US stock market will be closed.
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
This might make people concerned about the fill of the gap all day?
Just a thought.
------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.
HEAVY RESISTANCE AT .0010 CAN WE BEAT IT?
OK, yesterday, I missed out because I was trying to save a couple hundred bucks. Today I'm buying more, no matter what!
Although that would normally be a sell point for people. Thuse the problem with not spacing out sell orders on the way up. Everyone looking for .001 or .01 or .1 makes a big wall.
PAUL
quote:
Originally posted by Doji say what!!:
MM'S ARE HEAVY AT .0010 HARDLY ANYONE ELSE IS DEEPER ON THE ASKHEAVY RESISTANCE AT .0010 CAN WE BEAT IT?
------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.
quote:
Originally posted by makemoney3:
100,000,000 prior to open all ready!!!
[This message has been edited by will (edited June 08, 2004).]
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
[This message has been edited by TradingWizard (edited June 08, 2004).]
let's see what happens
60mil long road!!!
------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
quote:
Originally posted by pharmdman:
Anyone else having trouble with Ameritrade this AM?! Site seems to be frozen!!
Mine seems fine.
-KostaVan
...and it's still damn near frozen!
quote:
Originally posted by KostaVan:
Could someone please post lvl II --- looks like it might be trying to push its way to .0009 - Thanks!-KostaVan
Not trying to be a dark cloud. Just passing along what I was hearing.
I hope you are correct, not them.
PAUL
---------------------------------------------
Paul, I would have to say 100% Doji is right. I bought CYII pink selling at .0006 because Knight securities made a trade and filed with the SEC as owning 15M shares. Another big boy filed and owns 150 M shares or so. I consider it a long term hold since I have it at a loss but I am conviced they didn't buy it to make chump change. The PR was back Feb 17, 2004 or so. -Debi
---------------------------------------------
I bought 2 M at .001 with etrade this AM and 1 M at .0009 in my Freetrade account. Still not thinking of selling till at least another decimal point over like maybe a few at .01. I don't want to lose the opportunity buying even at this price affords. $100-was 1 M not too long ago
today it was $1000 and if the trend continues as I think it will in a short while it may be $10000 for 1M. I think I have the shares I need now and will buy more if it seriously dips. IMO-DD-Debi
5@.0007
6@.0006
1@.0005
1@.0004
ASK
3@.0008
5@.0009
2@.001
1@.0011
holding 67,000,000 even
$127 left over for dinner>>>>lol
sell at .0008 buy at .0007 nice small swing!
interesting gotta love this play keeps you on the edge of your seat!
ASK
13@.0008
3@.0009
1@.001
1@.0012
quote:
Originally posted by Doji say what!!:
just got my fill at .0007 for 7milholding 67,000,000 even
$127 left over for dinner>>>>lol
sell at .0008 buy at .0007 nice small swing!
quote:
Originally posted by KostaVan:
Could someone please post lvl II --- looks like it might be trying to push its way to .0009 - Thanks!-KostaVan
come on folks sell so I can buy low and sell it back to you when it hit 0.02
------------------
IN SUB-PENNY WE TRUST
quote:
Originally posted by WWJD-thru-me:
Doji-nice swing-I don't feel comfortable at this level with the number of shares I have to try to swing trade it. I expect people will be doing that and I will but not till it is over .005 and then only a few million shares. I have 17 million shares now. I want to have 12 Million when the bomb drops. I don't think the law firm was brought in to help this company get to .001 and then tank. The law firm is one factor that helped me decide to buy more even paying .001 and not panic sell on a dip when I had $5500 profit. It may seem stupid to some but I know there are many who sold QBID early and were happy to take under .003 and ere kicking themselves in the butt when it hit .028. I don't have a crystal ball but I do have a ton of research and DD that leads me to believe CMKX can realistically hit .05 in the very near term and .50 longer term is not out of the question. Still a lot of unknowns but all the mining company(4?)cash infusions for percentage partnerships on various claims leads me to think big. GLTA-IMO Buckle your seat belts it may be a bympy flight. -Debi He is a link to a great article of Naked Short Selling:
http://www.faulkingtruth.com/article/?Investing101&1001
I just read this article. Is this what is happeneing here?
[This message has been edited by WinsumLosesum (edited June 08, 2004).]
life is good! we hope
risk = reward
P.S. does anyone have the Canadian Gov't Mineral Claim site (or whatever it was called) bookmarked? I don't want to read 40 pages looking for it...
We might see some more .0009 in a little while.
Bid 3 MM @ .0007 Size=10000002
Ask 12 MM @ .0008 Size=1001011
Paul
------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.
quote:
Originally posted by WWJD-thru-me: Miggy-I couldn't get back on the site-kept getting timed out. I have cable but also have a lot of programs running and probably need more memory.
It may not be your computer at all, check this out: http://www.allstocks.com/stockmessageboard/ubb/Forum2/HTML/003937.html
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
quote:
Originally posted by TradingWizard:
It may not be your computer at all, check this out: http://www.allstocks.com/stockmessageboard/ubb/Forum2/HTML/003937.html
It's not your computer... it's their server.... it was unpingable for a while, too...
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
quote:
Originally posted by TradingWizard:
People don't get me wrong, but you seem to have this obsession that CMKX will be 0.0001 again. When it hit 0.0002 we had difficulty buying at 0.0001, now you want to buy at 0.0001 when its running at 0.0007. This is will happen if there is no diamonds, but with the recent news there may be diamonds.
[This message has been edited by wboo (edited June 08, 2004).]
quote:
Originally posted by waynetrades:
If you look at the trend of this stock a few months back when I purchased this the first time it went up to .0003 then back down..At that time there was alot of news going on and then everything seemed to stop. They seem consistent that they put out alot of PR's at one time the stock rises then they stop and price drops. I am willing to take the profit I have right now and keep 400,000 shares of my 2 mil just incase but have seen this rise and drop too many times not to take my profit. For everyone elses sake hopefully I am wrong and I get my profit from the 1.6 mill shares and can only wait for my other shares to go up. If I miss the boat oh well. Better taking some money than no money. I don't think we will get any diamond info for awhile now as there is the audit going on that too many things that are going to take more than a month to clean up.
YES SIR. .. IT'S YOUR MONEY --- THIS STOCK IS VERY RISKY BUT NOT AS RISKY AS YOU REALLY THINK IT IS. I HAVEN'T EVEN INVESTED A TOTAL OF $10,000 IN IT YET. ANYWAYS, IT'S YOUR MONEY
____________________________________
CHASING DOJI WITH 59 MILLION STRONG CMKX SHARES SINCE 0.0001
_______________________________________
IF I DON'T BECOME A MILLIONAIRE WHENEVER THIS STOCK HITS 0.016 - 0.02, THEN NOBODY ELSE WILL. DOJI, I'M ON YOUR TAIL NOW
------------------
IN SUB-PENNY WE TRUST
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
8@.0007
4@.0006
ASK
11@.0008
5@.0009
quote:
Originally posted by pharmdman:
L2 anyone? thanks!!
Anyone have a guess where we'll close? or better yet, will we move anywhere other than .0007 to .0008?
quote:
Originally posted by rsnws:
BID8@.0007
4@.0006ASK
11@.0008
5@.0009
Doesn't look like we are going to move off the .0007 and .0008 anytime soon.
Up 43% on the day.....
hummmmmm
Paul
------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.
quote:
Originally posted by PAUL:
Anyone watching UCAD?Up 43% on the day.....
hummmmmm
Paul
[This message has been edited by cool1sh (edited June 08, 2004).]
Paul
------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.
They did confirm that Cmkm Diamond Inc is now a client.
PAUL
------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.
[This message has been edited by PAUL (edited June 08, 2004).]
quote:
Originally posted by PAUL:
I did not mean to take us off topic, I just know some think there is something between the two compaines. UCAD & CMKXPaul
PAUL
quote:
Originally posted by will:
You read that "think out of the box" theory yesterday? Sounds like part of the Kennedy assanation conspiracy. I figured there's about 3000 to 1, (MINIMUM), ratio, not 1,000 to 1 ratio.
------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.
quote:
Originally posted by 3292:
What is our total volume for today?
Company would not be hiring a big Law firm for nothing.
quote:
Originally posted by PAUL:
4 294 967 210
I don't think that is correct. I have etrade and it shows the same thing but it was at that by 11am this morning. I think that is the maximum trades that etrade follows. It stops at that amount everyday.
(source: Esignal)
_______________________________________
IF I DON'T BECOME A MILLIONAIRE WHENEVER THIS STOCK HITS 0.016 - 0.02, THEN NOBODY ELSE WILL. DOJI, I'M ON YOUR TAIL NOW
^^^^^^^^^^^^^^^^^^
fjean up to 70,381,000 shares holding lol
CMKX Buy / Close Cmkm Diamonds Inc 70381000 0.0008 56304.80 0.00 Equity Quote Chart News Research
Go CMKX!!
This is why I believe it is not returning to .0001
#1. They announced an audit and a change of
transfer agents. CMKX knows how many
shares are outstanding after issuing
a dividend and a forward split. The
only two scenarios that make sense for
a change of transfer agents is they
know the shares are short and want to
get full maximum value for their stock
or they are planning a merger with
UCAD and will use their transfer
agent. Both are possible. But I
think the first one is most likely.
#2 They have sent out the samples from
the kimberlite pipe and none of their
partners are asking for the results
even though they own a percentage.
#3 The quality of the law firm picked
and their impressive client roster
including Massachusetts Mutual-(I
used to work there), Harvard and if
I looked hard I could maybe find
another Massachusetts company-I live
in MA and Bear Stearns among a who's
who of American Companies. These
guys would not risk their good
reputations and careers on a scam.
These are some of the reasons I am long and strong. GLTA-IMO-DD-Debi
quote:
Originally posted by Leardron:
YES! broke back to .0009! Finally!
Never saw the .0009
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
I just would like to buy more.. just keeps climbin up steadily.
quote:
Originally posted by PAUL:
09 @ .0007 (2026007) Bid
13 @ .0009 (2501011) Ask
.0009 close Hey badda badda badda...Bling Bling
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
quote:
Originally posted by TradingWizard:
I am seeing 0.0009! Go CMKX Go!!!!
seeing .0007. .0009 never happened through yahoo. Day high .0008 Hmmmm
quote:
Originally posted by Az...Cats:
see it now!!! Nice must be about 15 min. behind you. arg! what the hell am I payin 10.00 bucks a month for this delayed bullsh..
Where are you paying the 10 a month at?
0.0009 1.40b
0.0008 8.44b
0.0007 6.24b
0.0006 123M
quote:
Originally posted by WWJD-thru-me:
Does anyone think TSBB is being Naked Short sold? Lots of selling pressure comes in whenever it starts to climb near .01. Someone must be in a heap of do-do on that one too. Perhaps UC can go work his magic there after CMKX gets their shorts untwisted. I cannot wait for the share count and accounting of outstanding shares that will be coming soon. For anyone who thinks is going back to .0001? Do you understand what changing transfer agents will mean if the former transfer agent is short billions of shares. The second that the news is made public and those shares need to bought to settle the books this puppy is going to fly and move by decimal points. Not little ticks. And everyone who sold at .0005-8 will be chasing it.This is why I believe it is not returning to .0001
#1. They announced an audit and a change of
transfer agents. CMKX knows how many
shares are outstanding after issuing
a dividend and a forward split. The
only two scenarios that make sense for
a change of transfer agents is they
know the shares are short and want to
get full maximum value for their stock
or they are planning a merger with
UCAD and will use their transfer
agent. Both are possible. But I
think the first one is most likely.#2 They have sent out the samples from
the kimberlite pipe and none of their
partners are asking for the results
even though they own a percentage.#3 The quality of the law firm picked
and their impressive client roster
including Massachusetts Mutual-(I
used to work there), Harvard and if
I looked hard I could maybe find
another Massachusetts company-I live
in MA and Bear Stearns among a who's
who of American Companies. These
guys would not risk their good
reputations and careers on a scam.These are some of the reasons I am long and strong. GLTA-IMO-DD-Debi
A couple of Questions:
1. What will happen to the share price if a merger between UCAD and CMKX takes place? IS this good for us shareholders?
2. When and why did CMKX forward split, and do u know the O/S before they forward split?
Thnx for any comments
quote:
Originally posted by sharkus:
Where are you paying the 10 a month at?
Yahoo
quote:
Originally posted by Az...Cats:
Yahoo Market tracker. Thought I was on the real time. guess I am paying 9.95 for stats. My understanding when I signed up was that I would get real time market tracking. Arg!!
eww - I would switch to something a bit better
ASK
13X0009
4X0010
[This message has been edited by Booty Quest (edited June 08, 2004).]
quote:
Originally posted by Booty Quest:
BID
1X0008
10X0007ASK
13X0009
4X0010
quote:
Originally posted by Az...Cats:
seeing .0007. .0009 never happened through yahoo. Day high .0008 Hmmmm
I am showing .008, not .0008 for the high, have been waiting for it to correct but it hasn't.
quote:
Originally posted by MiggyTrader:
A couple of Questions:1. What will happen to the share price if a merger between UCAD and CMKX takes place? IS this good for us shareholders?
2. When and why did CMKX forward split, and do u know the O/S before they forward split?
Thnx for any comments
TSBB is at the top of my portfolio and yes I think it is being naked shorted. It's an awesome company and it should be selling for .002 - .003 as we speak. Give it time and it will go. Holding that one for some time now with frustration.
I've been sitting on the fence about whether to buy more CMKX or not. I think your continued DD and insight has nudged me over to the buy side!
And a thank you to other contributors as well!
quote:
Originally posted by WWJD-thru-me:
Does anyone think TSBB is being Naked Short sold? Lots of selling pressure comes in whenever it starts to climb near .01. Someone must be in a heap of do-do on that one too. Perhaps UC can go work his magic there after CMKX gets their shorts untwisted. I cannot wait for the share count and accounting of outstanding shares that will be coming soon. For anyone who thinks is going back to .0001? Do you understand what changing transfer agents will mean if the former transfer agent is short billions of shares. The second that the news is made public and those shares need to bought to settle the books this puppy is going to fly and move by decimal points. Not little ticks. And everyone who sold at .0005-8 will be chasing it.This is why I believe it is not returning to .0001
#1. They announced an audit and a change of
transfer agents. CMKX knows how many
shares are outstanding after issuing
a dividend and a forward split. The
only two scenarios that make sense for
a change of transfer agents is they
know the shares are short and want to
get full maximum value for their stock
or they are planning a merger with
UCAD and will use their transfer
agent. Both are possible. But I
think the first one is most likely.#2 They have sent out the samples from
the kimberlite pipe and none of their
partners are asking for the results
even though they own a percentage.#3 The quality of the law firm picked
and their impressive client roster
including Massachusetts Mutual-(I
used to work there), Harvard and if
I looked hard I could maybe find
another Massachusetts company-I live
in MA and Bear Stearns among a who's
who of American Companies. These
guys would not risk their good
reputations and careers on a scam.These are some of the reasons I am long and strong. GLTA-IMO-DD-Debi
------------------
IMHO - GLTA - Reductio Ad Absurdum
I hope that was a mistake, if not someone took a big bite.
Paul
------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.
quote:
Originally posted by CHIMAN34:
Paul. I saw .10 go through. Had to be a mistake.
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
Originally posted by vado:
That's all she wrote .0008 will be the year high.
Peace out.
Dave
quote:
Originally posted by Booty Quest:
Now there are 4 on the bid @ 0008
PAUL
------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.
------
Tahera Corporation (the Company) announces that it has entered into an agreement with De Beers Canada Exploration Inc. with respect to exploration and potential development of a property adjacent to the Company's Jericho Diamond Project in Nunavut. Tahera will earn a 50% interest in the property and any production therefrom through expenditures of C$11.0 million by 2008. The property encompasses approximately 36,000 hectares and includes four known diamondiferous kimberlites, the most prospective is located 14 kilometres west of the proposed Jericho processing plant.
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
keep on chuggin cmkx ... daddy needs an RX-8
quote:
Originally posted by trippy:
all i have to say is WAHOOOOOOOOOOOOOOOOOOOO
keep on chuggin cmkx ... daddy needs an RX-8
I NEED A SUBWAY
I NEED A $250,000 HOUSE IN A NICE PLACE IN S. FLORIDA
I NEED A NEW CAR (COST ABOUT $30,000)
I NEED A NEW PC(COST ABOUT $2,500)
I NEED NEW FURNITURE (COST ABOUT $5,000)
I NEED TO FINISH UP MY BA DEGREE (COST ABOUT PRICELESS)
FOR EVERYTHING ELSE, THERE'S CMKX & TFCT
------------------
IN SUB-PENNY WE TRUST
quote:
Originally posted by fjean:
I NEED A SUBWAY
I NEED A $250,000 HOUSE IN A NICE PLACE IN S. FLORIDA
I NEED A NEW CAR (COST ABOUT $30,000)
I NEED A NEW PC(COST ABOUT $2,500)
I NEED NEW FURNITURE (COST ABOUT $5,000)
I NEED TO FINISH UP MY BA DEGREE (COST ABOUT PRICELESS)
FOR EVERYTHING ELSE, THERE'S CMKX & TFCT
a subway?? ..as in the transit system or the sandwhich shop?
quote:
Originally posted by sharkus:
a subway?? ..as in the transit system or the sandwhich shop?
MY SANDWHICH SHOP BUT I THINK I WOULD EAT MY ALL MY INVENTORY
------------------
IN SUB-PENNY WE TRUST
quote:
Originally posted by fjean:
MY SANDWHICH SHOP BUT I THINK I WOULD EAT MY ALL MY INVENTORY
Jared? Is that you?
quote:
Originally posted by Upside:
Any predictions for tomorrow? I fully expected it to retrace today but it never happened. Good show of strength. Tomorrow could see .001.
quote:
Originally posted by Upside:
Any predictions for tomorrow? I fully expected it to retrace today but it never happened. Good show of strength. Tomorrow could see .001.
It did go down a little bit but did stay very strong, I think that we will see it stay strong until the next news comes out. I dont know what to think as of yet, but personally I think - the Law Firm that they now have working for them means something is up, big time, if you looked at the portfolio listed previously in the post, they ARE NOT messing around.
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
quote:
Originally posted by derek111c:
I am just holding tight. I find the best time to buy is when everyone has nothing good to say about an investment. Then after many have missed out everyone is saying the opposite. Message boards fill up. I see it happens over and over again.
************
looks like it did happen here... lets hope it keeps going! GLTA
I have TAH as well dawg... got in @ .45 a few montsh back...
CMKX, TAH, TFCT.... all made me cool money...and holding long.....
Any other Candian plays??? What bout GTI, EGX, BTP and CSI.... CSI (diamonds)???
Thx.
CMKX II look it up. CHEERS
CMKX ROCKS !!!
quote:
Originally posted by Damian:
Hey Trading Wizard.....I have TAH as well dawg... got in @ .45 a few montsh back...
CMKX, TAH, TFCT.... all made me cool money...and holding long.....
Any other Candian plays??? What bout GTI, EGX, BTP and CSI.... CSI (diamonds)???
Thx.
Hi Damian!
TAH should run high this week, it would be nice if it hit 2.4 (a dollar per each PR).
I also own CMKX as you probably know from the posts. Holding long term.
Other one I have is DFI, this one was kind of a mistake, but potential is there.
I also own famous WRM Wheaton River that is on the spott light this month.
Otherwise, my portfolio is spread out all over different industries. Slowly finding out that if one goes up the other goes down. My biggest loosers now are HKY, BBD and NT - ouchhh.
Well good luck with TAH and CMKX, I think they will make a nice run in the near future.
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
[This message has been edited by TradingWizard (edited June 08, 2004).]
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
quote:
Originally posted by futuresobjective:
does anyone really see this head up past a penny? I would love to see it happen, but I am doubtfull it could. Granted that is not based on anything by gut, but I tend to go with my gut feelings above all. any opinions are welcomed. GLTA
My Gut opinion is your wrong!
quote:
Originally posted by Earth_Shaker:
Hello everyone. This thread is about to END its existance. So I began a NEW CMKX Thread with Some interesting DD. Check it out.CMKX II look it up. CHEERS
CMKX ROCKS !!!
And the original CMKX thread takes the lead!
Earth you have quite the post going between you and yourself LOL
quote:
Originally posted by will:
Tomorrow might be the retrace ???
Does anyone really know as manipulated as this one is right now?
No manipulation!
Interesting Article on CMKX
http://www.feistymama.com/ts/canadiandiamonds.htm
May God Bless All.
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
From the CMKX board company board : Worth reading!!!
==================================================
40 Years Experience Points To A Winner
« Thread started on: Today at 1:28pm »
--------------------------------------------------------------------------------
Hi All,
I have been buying and selling stocks for 40 years and it is very, very rare to see a stock (CMKX) move upward at the rate CMKX has done and then hold its position like it is doing today (6-08-04). This shows great strength in upward buying pressure and confidence in the people who own the stock. It also shows the confidence the new buyers have in what they know about CMKX.
Additionally, based on the limited facts available regarding CMKM's present state, it appears the "logic" must be ringing true to those having done their DD.
Assuming just some of the information that has been flying across this board is correct:
1) Retaining the NY law firm
2) Securing a company audit
3) Changing to another transfer agent
4) Preparing to file with the SEC
5) Preparing to go on the OTCBB and/or other exchange
.....all this points to a Company setting the stage for something really BIG. One does not take these steps for the heck of it. One takes these steps --expending money, time and reputations-- in the anticipation of turning a profit and increasing shareholder value. Nothing more, nothing less.
Setting all this aside, the "market", i.e. potential buyers and sellers of CMKX, will act in its own interest in attempting to make a profit on the buying and selling of CMKX. This is only natural --to want to make a profit. Bottom line, we are all seeking profit; it is built in to each and every one of us. Therefore, none of us can predict how the cumulative profit motives will ebb and flow. If we could, we would all be billionaires. Thus, we will see many swings in the stock, some will want to push the “sell button”..., and that is fine. However, remember, the key to the success of a company is its focus on maximizing profit and increasing shareholder value.
All the things that appear to be in the works by the management of CMKM are to accomplish exactly this: Increase shareholder value and maximize profit.
However, these things take time, planning and support from the shareholders that believe in the management.
Therefore, if you believe in the CMKM management, if you believe in its dream, if you believe in the future of diamonds as a saleable, profitable product, then you are in the right place at the right time holding the right stock. If you are not is yet and any of this makes sense to you, now might be the time to act.
Ciao
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IcedOut
Diamond Sniffer
member is offline
Posts: 111
Re: 40 Years Experience Points To A Winner
« Reply #1 on: Today at 1:32pm »
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Well done.
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JP
Diamond Hunter
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Posts: 26
Re: 40 Years Experience Points To A Winner
« Reply #2 on: Today at 1:33pm »
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I agree I am in for the long i feel that the company will be very profitable... and i'm in for the long haul too which is what i believe we need to do in order to back up CMKX i do feel however that it will take time to reach that point depending on the o/s and if we make it to the otc bb in time
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gdh
Diamond Driller
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Re: 40 Years Experience Points To A Winner
« Reply #3 on: Today at 1:36pm »
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Long. Don't have enough shares to sell anytime soon!
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intrepid97
Diamond Hunter
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Re: 40 Years Experience Points To A Winner
« Reply #4 on: Today at 1:36pm »
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You my friend and fellow share holder have just gave a dose of what the diamond doctor ordered.......
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DiamondsInTheRough
Diamond Driller
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Re: 40 Years Experience Points To A Winner
« Reply #5 on: Today at 1:36pm »
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bump
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hope1
Diamond Hunter
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Re: 40 Years Experience Points To A Winner
« Reply #6 on: Today at 1:39pm »
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Thanks CD. You will be proven right.
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JP
Diamond Hunter
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Re: 40 Years Experience Points To A Winner
« Reply #7 on: Today at 1:39pm »
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im with you gdh
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WealthPreservaton
Diamond Hunter
member is offline
Posts: 2
Re: 40 Years Experience Points To A Winner
« Reply #8 on: Today at 1:40pm »
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Well done. I only have a few months trading stocks. This is a great confort knowing that with your experience and knowledge you are confortable and in it for the long hall. This has made me feel quite solid in my buying this stock. Thank you CDLIC
Bump
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intrepid97
Diamond Hunter
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Re: 40 Years Experience Points To A Winner
« Reply #9 on: Today at 1:40pm »
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A big ol' BUMP!!!......
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jimt
Diamond Hunter
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Posts: 18
Re: 40 Years Experience Points To A Winner
« Reply #10 on: Today at 1:42pm »
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I'll bump that...
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WealthPreservaton
Diamond Hunter
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Re: 40 Years Experience Points To A Winner
« Reply #11 on: Today at 1:43pm »
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I just went back an read this again. I feel even better than the first read. I am long and strong!!
Bump it big time.
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Machiavelli
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Posts: 39
Re: 40 Years Experience Points To A Winner
« Reply #12 on: Today at 1:43pm »
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Well said,
This is a long term investment in the beginnigs of a giant, a least thats what I believe. Today was just what I expected and tommorrow is likely to be the same...quote me! But our time is coming.............
Hold The Line!!!!!!!!!
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jsq1
Diamond Hunter
member is online
Posts: 43
Re: 40 Years Experience Points To A Winner
« Reply #13 on: Today at 1:45pm »
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I agree Long and strong
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alloymiken
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Re: 40 Years Experience Points To A Winner
« Reply #14 on: Today at 1:46pm »
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Amen Ciao!
bump
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CMKX supporter from W. Greenwich, RI
Pages: 1 2 3
Forum Jump------------------=> General------------------- Company News and Questions ONLY- Melvin's Corner- Questions for Melvin
« Previous Topic | Next Topic »
_______________________________________
May God Bless All.
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
Sterling.. is predicting that we'll be at $3.00 by September.. He believes that U.C. wants to move to AMEX.. and says that is the reason for the big law firm..
that with the pink sheets and OTCBB all you need is a good attorney.. but to move to AMEX and to were the big companies are, you have to have a law firm and all your ducks in a roll. He also says, that the minimum that a stock can be worth to go to AMEX is $3.00 PPS. He also pointed out that no small company at this level on either pink sheet or OTCBB listings has ever hired a large law firm before. So U.C. has big plans..
Sterling, believes that U.C. is going to blast the market with PR's that we have diamonds, gold, platium.. etc. and announce the value of the company. A PR announcing the value of the company alone can skyrocket the PPS.. At any rate he believes that by September we will be at $3.00 a share and will be in position to move into AMEX.. IMHO.. AFAIK..
I used to go to the horse races with my Father alot when I was growing up.. One thing I learned, is that you don't have to know anything about the horse if it's got a good jockey it can win.. I'm betting on Sterling.. I'm holding out for $3.00 plus....
quote:
Originally posted by joeyisthebest:
Hi Tradeing Wizzard I also have wheaton river minerals and was wondering what your thoughts of the company are. I think they should have went with that C adure company but that is mho
joyeisthebest, I could be wrong, but in my opinion I liked the WRM and IMG marriage proposal from the beginning. I been holding on to WRM since 2.9 pps. In terms of Iamgold, I don't know much about them but looks like they have strong presence in Africa.
For the first time today saw interviews with CEOs of WRM and IMG and I like their strong confidence in their merger. On the other hand, I did not like the other hostile proposals, because they been done in the rush, and looks to me like hunger for quick growth, which I think may be dangerous. I like companies with slow growth and good fundation, and that is what I see in the in this merger. Hopefully will go through!!!
Good luck with WRM! Check out TAH, the pps may clime in the next few days, may be good for day trading, and if for long term wait for the retrace. :-))
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
quote:
Originally posted by flashovertx:
if we get a $3 PPS, i might have a heart attack.
Lets just hope not!!! This is not the way to enjoy your profits! :-)
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
70million and change holding!
quote:
Originally posted by jackpot:
Found this post interesting:Sterling.. is predicting that we'll be at $3.00 by September.. He believes that U.C. wants to move to AMEX.. and says that is the reason for the big law firm..
that with the pink sheets and OTCBB all you need is a good attorney.. but to move to AMEX and to were the big companies are, you have to have a law firm and all your ducks in a roll. He also says, that the minimum that a stock can be worth to go to AMEX is $3.00 PPS. He also pointed out that no small company at this level on either pink sheet or OTCBB listings has ever hired a large law firm before. So U.C. has big plans..Sterling, believes that U.C. is going to blast the market with PR's that we have diamonds, gold, platium.. etc. and announce the value of the company. A PR announcing the value of the company alone can skyrocket the PPS.. At any rate he believes that by September we will be at $3.00 a share and will be in position to move into AMEX.. IMHO.. AFAIK..
I used to go to the horse races with my Father alot when I was growing up.. One thing I learned, is that you don't have to know anything about the horse if it's got a good jockey it can win.. I'm betting on Sterling.. I'm holding out for $3.00 plus....
Hey guys.... Read this post on CMKX Website.... I AM IN FOR LOOOOOOOOOOOOOONNNGGGGGGGGGGGGGGGGGGG
Gender:
Posts: 711
CMKX has value!
« Thread started on: Today at 3:49pm »
--------------------------------------------------------------------------------
Facts we have are more than enough!
« Thread started on: 05/29/2004 at 22:19:59 »
I believe most don't believe the FACTS!
The reasonable facts are enough to believe in CMKX!
Most can't or have a hard time believing that something good can actually come their way. I guess like most of us after you get burned enough the tendency is to turn critical and cynical. Let's see if we can put aside the criticism, sarcasm, and look at reasonable amounts with no maybe's or speculations! Just a reasonable breakdown of what we know and we can go from there!
Everytime some brings up substantial DD that the value of the company is significantly more than people can imagine they shoot it down and think the individual is a pumper.
I know the A/S (Authorized Shares) is 500 billion shares. But we also know that in February the O/S outstanding shares was around 37 Billion. Just because 500 Billion are authorized doesn't mean they have been used.
Retiring of Billions of shares has taken place and the PR's attest to it. Even if none has been retired since Feb and the O/S is still 37 billion or even twice that at 74 Billion (which I doubt) the pps is WAY UNDERVALUED!
If we just take the Smeaton Property, regardless of the other 1.9 million or 3 million acres we have, the Smeaton property is 22,447 acres I believe. If you use the DeBeers valued property of approx. 58,000 acres at 40-80 billion dollars then we could reasonably assume that Carolyn and Smeaton is worth half of that at 20-40 billion. This alone when compared to the 37 billion O/S in Feb would make the pps worth approx .55 to 1.05. No hype, no asuming the other 1.9 or 3 million acres has anything or any value at all.
On Carolyn and the Smeaton property alone we can reasonably expect to have a pps of .55 to 1.05 or if there is 74 Billion O/S we would still be looking at .28 to .52 cents for our pps on Smeaton and Carolyn alone!.
And if there were 148 billion O/S we would still be looking at a pps of .14 to .26 on Carolyn and Smeaton alone!
And if there were 300 billion O/S our pps would still be at .07 to .13 on Carolyn and Smeaton alone.
Or if even a Max A/S for our O/S of 500 billion then our pps is still at .04 to .075 on Carolyn and Smeaton alone.
I don't see how anyone can argue with that!
Now as a bonus, lets do a VERY CONSERVATIVE CALCULATION!
Debeers acreage is valued at around 700,000 per acre. Lets take one third of that and say CMKX acreage is only worth 230,000 per acre. When you multiply 23,000 per acre times 1.9 million (low side estimate of acreage) you get 437 Billion.
With our acreage in Smeaton and Carolyn valued equal with Debeers and our additional acreage valued at only 1/3 of that of Debeers we arrive at a minimum pps of:
Low end value compared to DeBeers:
$20 Billion for Smeaton and Carolyn
437 Billion for remaining acreage
------------------------------------------------
457 Billion low end value - With 37 Billion as an O/S we are looking at a pps of 12.35 low end
High End
$40 Billion for Smeaton and Carolyn
$874 Billion for remaining acreage
----------------------------------------------
$914 Billion high end value - With 37 Billion O/S we are looking at a pps of 24.70 high end
With the Low end being a pps of 12.35 at 37 Billion O/S then if you double the O/S to 74 Billion the pps would be 6.18. If you double the O/S again to 148 Billion then the PPs is still at 3.09 on the low end. If you double the pps again to 300 Billion the pps is till at 1.55 on the low end. I believe the low side of the tape is more than enough to convince any investor.
But lets take a look at the high side of this minimal amount I have presented. With the High end at 24.70 at 37 Billion O/S then if you double it to 74 billion O/S your pps is still 12.35. If you double your O/S again to 148 Billion O/S your pps is still 6.18. Then if you double your O/S again to 300 billion O/S your pps is still 3.09.
People this is not pumping this is taking the low side of everything presentable that we actually can confirm as fact!
To think there is 500 Billion outstanding shares would be ludicrous. But for the sake of the nay sayers we'll take it a step further to the max 500 billion O/S.
Low side = .914 pps rounded off to a .91 cent pps
high side = 1.828 pps rounded off to a 1.83 dollar pps
If you don't believe then sell. But if you just want to moan and groan because we believe it is going to reach .91 or 1.83 cents then leave us alone.
The FACTS line up. That is .91 low side and 1.83 high side if the maximum 500 billion A/S is the actual O/S.
Personally with the Feb advertisement by CMKX stating 37 Billion O/S plus Urban's statement that INVESTORS had already given $1.8 million and another $3.2 million was coming when the work was to begin. I would be amazed if the O/S is over 50 billion because the only reason to sell shares is to raise money. But if you have investors kicking in then there is no reason to float any more shares into the market.
What does that mean? If we have 50 Billion O/S instead of the 500 Billion max then you can multiply the low and high pps by 10.
Meaning that the low end pps would be $9.14 and the high end pps would be $18.28.
No hype! No shuck and Jive! Just plain basics.
Keep believing CMKX! Your sub penny investments are going to be worth millions. You can take that to the bank!
Why? Because what I presented above is the flat base line for our pps. Not only that, I believe we have diamonds and plenty of them.
I am not a pumper just a sound reasonable investor trying to make a dollar and help protect my fellow investors from bashers or any one else that has an opinion outside the truth as it is known to be!
We don't have a lot of the facts we would like to have, but WHAT WE HAVE IS ENOUGH FOR NOW! Even if you break it down to a 25 percent haul it is still more than enough! Understanding that we may only pull 25% of this here are the calculations updated!
Our low end of $9.14 X .25 = $2.28
Our high end of $18.28 X .25 = $4.57
This is my opinion and I ask that you treat it as such! But as for the facts, they speak for themselves! I believe the basic premise is FACTUAL and you can do with it what you want!
Dr.D
$3.00 is a lot, let's take this one step at a time.
Just an FYI....
quote:
Originally posted by Power106:
Sorry for the above post but it has been months since the last time I posted here and I was checking that my password was still intact. I promise that I am not trying to burst anyone's bubble but I have have checked into the law firm representing CMKM and they have handled many penny and micro penny stocks. That is not bad or good news but it does tell us that they do handle these stocks. They are also being into getting venture capital for companies.....Just an FYI....
quote:
Originally posted by Power106:
Sorry for the above post but it has been months since the last time I posted here and I was checking that my password was still intact. I promise that I am not trying to burst anyone's bubble but I have have checked into the law firm representing CMKM and they have handled many penny and micro penny stocks. That is not bad or good news but it does tell us that they do handle these stocks. They are also being into getting venture capital for companies.....Just an FYI....
Interesting post, thanks a lot I was going to look into that. It seems like a very high firm!
I'll be happy with any raise - I'm not setting any goals or prices. Just a rise in the price is fine with me.
quote:
Originally posted by cool1sh:
From another board:Posted by: average investor
In reply to: Cali_traderCali_trader - this has been discussed here today some. My guess you have either Scottrade or Schwab. It has been reported that neither of these brokers will let their customers buy CMKX and some other stocks.
The thinking is: Because of the HUGH amount of shorted shares out by certain MM's, Scottrade CEO of board of MM NITE (reportedly NITE VERY short), Schwab is also a MM in itself and reportedly short also.
By Short the speculation is NAKED SHORT shares not the normal short process.
Know one knows for sure but there is a HUGH belief that this is true by shareholders and reportedly by CMKX CEO also.
My idea at this time is that it is true.
Once your all rich, take some of your earnings and buy shares of some cheap stock I'm in to run up the price. I will love you all for it!
In Vado's words - "peace out"
quote:
Originally posted by booboo:
Angy with myself. Tried to get in last week at .0001 and could not. Have been to chicken to get in since. Thats why its still going up. Will probably be $5 soon. Good luck to all who had the brass to take a hugh risk.Once your all rich, take some of your earnings and buy shares of some cheap stock I'm in to run up the price. I will love you all for it!
In Vado's words - "peace out"
booboo, .0007 is still a pretty cheap lottery ticket... you won't have as many shares, but you'll still have a chance..
quote:
Originally posted by Power106:
My point is that I have seen a lot on this thread that says that nobody has ever seen a securities law firm of this caliber handle a penny stock. Edwards and Angell have handled quite a few and actively pursue them in fact.......Just clarifying that point....
From the PR:
Urban Casavant, announces that the Law Firm of Edwards & Angell has been retained ... D. Roger Glenn
----------
D. Roger Glenn is a partner.
Roger has over 20 years of experience in securities law. He has handled numerous IPOs and other public offerings, PIPE transactions, exchange and hostile and friendly tender offers, mergers and acquisitions involving public and private companies, private placements, Rule 144A sales, Rule 10b5-1 plans and all filings and reports required by the Securities Exchange Act of 1934.
The companies he has represented have been in the telecommunications, media, health care, financial services, technology and software industries and have had securities listed on the New York and American stock exchanges and the NASDAQ stock market.
Notable Experience
• Roger was involved in the $600
million acquisition by a major
telecom company of corporations and
limited liability companies holding
FCC licenses.
• Roger represented another major
telecom company in a cash tender
offer and the $450 million
outstanding high-yield debt of an
acquisition target pursuant to a
change-of-control indenture
provision.
• He was instrumental in the
acquisition of an Austrian wireless
telecom company with $1 billion of
assets.
• Roger handled the successful takeover
of an insurance company by hostile
tender offer.
• Roger represented a telecom company
in the issuance of $200 million in
Senior Notes in a PIPE transaction.
Recent Speaking Engagements and Publications
• The Going Public
Sourcebook,co-author, a guide to
the initial public offering process
and ongoing reporting and other
compliance obligations of a public
company published by RR Donnelley
Financial.
• Corporate Responsibilities of
Public Companies in 2003,
author, 2003.
Before Edwards & Angell
After college, Roger practiced as a Certified Public Accountant on the audit staff of Deloitte & Touche in Miami. He began his legal career with the Securities and Exchange Commission, where he conducted investigations for the enforcement division.
Besides Edwards & Angell
Roger is an enthusiastic golfer and tennis player.
750 Lexington Avenue
New York, NY 10022
Phone: 212.756.0299
Fax: 212.308.4844
AREAS OF PRACTICE
Corporate
Private Equity & Venture Capital
Securities
INDUSTRY EXPERIENCE
Healthcare
Financial Services
Telecommunications
EDUCATION
University of Florida, School of Law
J.D., with honors, 1980
Executive Editor, Florida Law Review
Order of the Coif
Florida State University
B.S., cum laude, 1976
BAR ADMISSIONS
Florida
New York
PUBLICATIONS
WELCOME RELIEF FOR R&D FOCUSED START-UPS
Albert Sokol and D. Roger Glenn - Venture Capital Journal
April 2003
CORPORATE RESPONSIBILITIES OF PUBLIC COMPANIES IN 2003
D. Roger Glenn - RR Donnelley Financial
2003
His e-mail is available, I thought I would not post it here. I can imagine how bad that could get for him.
[This message has been edited by PAUL (edited June 09, 2004).]
L2 23 MM'S ON THE BOARD!
BID
.0008 x1
.0007 X10
.0006 X2
.0003 x1
ASK
.0009 X11
.001 X4
.07 x1
[This message has been edited by Doji say what!! (edited June 09, 2004).]
but we could get a good swing in today!
45min till open
[This message has been edited by Doji say what!! (edited June 09, 2004).]
quote:
Originally posted by Doji say what!!:
morning 8:42AML2 23 MM'S ON THE BOARD!
BID.0007 X7
.0006 X2
.0004 X1ASK
.0008 X1
.0009 X10
.001 X4
L2 23 MM'S ON THE BOARD!
BID
.0008 x2
.0007 X10 jeff
.0006 X2
.0003 x1
ASK
.0009 X9 jeff
.001 X6
.0011 x1
quote:
Originally posted by Power106:
Will, I do not think you want me to give out all of the documention on this pump thread but let's just say that I have researched extensively and have discovered a number of things about this law firm........I was just giving an fyi on the fact that they handle quite a number of penny and micro penny stocks...
Keep us updated!
quote:
Originally posted by will:
Sure I would, Power. I love when claims are substantiated. Just direct us to the URL where we can find the list of pennies they represent.
L2 23 MM'S ON THE BOARD!
BID
.0008 x4
.0007 X9
.0006 X1
.0005 x1
ASK
.0009 X9
.001 X7
.0011 x1
.0050 x1
[This message has been edited by Doji say what!! (edited June 09, 2004).]
No melvin since D. Roger Glenn.
Could it be that Mr. Glenn stopped the active participation from Melvin?
Or could it be that they are the same person...... I have never seen Melvin and Roger together.... Have you?
G-Morning.
PAUL
------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.
------------------
IN SUB-PENNY WE TRUST
this is just to damn interesting!
.001 is going to be a tough one to break through I dont know that It'll happen this week without any new PR. Yesterday we seem to stick pretty tight at .0008. I'm guessing we shift around .0007-.0009 tickle .001 but never stick
anyone elses thoughts?
1. CMKX is heavily shorted.
2. The company knows it and is going to fix
the MM's little red wagons.
3. The Audit will be completed shortly
SHORTLY SHORTLY short
4. The transfer agent will be changed and
those short shares will need to be
bought back at whatever price they can
get them at. for the MM's for us.
My price just went up to at least $1.00
5. The company has indicated it wants to
become completely reporting and is
taking steps to do so. The new law firm
was hired to help this process.
6. The caliber of this law firm is very high
and the new lawyer has a background with
the SEC and has arranged some incredible
feats for companies he represented.
7. We have kimberlite pipes which have been
drilled and while the results are not yet
public knowledge the mining companies in
area have given us cash to become our
percentage partners and have not publicly
commented about results-good or bad.
Also this law firm is expensive and if
the retainer has been paid where
did the cash come from and if not how
do they think their new client will
pay? Are we depending on the kindnesses
of strangers or do we have money from
digging around our claims?
8. The sheer volume of shares bought during
the flatlined share price indicates
something was up. The fact that the
price is barely moving with all the
buying pressure tells me the MM's have a
vested interest in keeping the price
down.
Sell for chicken feed at your own financial risk. If you want to cover the cost of your investment I wouldn't fault anyone for that. My choice is to do that when the price is much higher. At .0009 I would be giving away way too many shares. I bought more at .0009 and if I had more available cash would still be a buyer. I am not a pumper, but I am pumped up at the prospects and possibilities this stock has.
IMO-DD-GLTA-Debi
Bear in mind my previous post.. Please not labels here.
We get a PR on the weekend abt an atty that is hired, that causes a 100% pop.
With this Melvin seems to be gone (on vacation).
Everyone is telling anyone that will lisiten, don't sell. Hold strong. What kind of trading strategy is that? That is not trading to me it is a CASINO mentality. All or nothing.
Sounds like a perfect setup.
I have done the DD.
I have been in this since last year.
But, the bottome line is this.
Do you think UC is going to try to do what is right? I hope so.
I think I am going to pull some back in so I am not concerned over my position.
If history is going to repeat. Be prepared, when I sold IBZT it went up 8X. I hope this one does the same.
PAUL
------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.
[This message has been edited by PAUL (edited June 09, 2004).]
quote:
Originally posted by justplayin:
SELL PAUL SELL. 8X would be awsome!
LOL
PAUL
------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.
I see a couple of 100 signals in last few minutes.
I thi9nk this is just a shake.
I had a sell in at .0008 for a while.
When I dropped it to .0007 to hit the bid.
The bid fell out from under my order.
BTW, I canceled my sell order.
I would like to sell some to lock in some profit but, I am not going to give it away.
Some PR, would be a good thing.
Uncle Melvin, Where are you?
PAUL
quote:
Originally posted by $$$qbid$$$:
Does anyone know if we're looking for retrace soon,looks like down time but I might be wrong we might open at .001 who knows.
------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.
I put an order in to sell for the current bid. My broker said it went to NITE. NITE would not meet it for me. The games they play.....
I hope all the profit taking is almost over and a PR is on its way quickly.
Just one more prifit taking sell before the move... MINE
PAUL
------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.
Remembering the things taught to me by some of the great traders of yester-year. Old Mullet, and his constant contention for the free share position. Would the psycological problems be less if I were holding a completely free share position? Having sold "some" at whatever level. 1/3 at 3X cost. 1/6 at 6X cost?
I do not know, I do not like the silence. Even the boards seem slow, the trading is slow, the radio coverage is falling off. Melvin is on "vacation" and from what I understand he should be. I hope he is spending time with his wife.
Am I long? Yes Am I going to try to trade some? Yes The last 1 Mil I bought was to trade. Then I started thinking about .01 range. And passed the chance to sell at 10X investment. Does that seem like "sound investment practice"?
If I do not think it has a great chance to make it I should sell. If I think it will I should hold. I am in the middle, I think a free share position is for me.
I hope to acomplish this soon.
PAUL
quote:
Originally posted by WWJD-thru-me:
Paul, Everyone should make the decisions they are comfortable with. I do notice Melvin is gone and it makes sense that with a quality law firm they would rein him in. He definitely said many things that were not put in PR's and could be a source of some problems for company. I don't feel comfortable selling to recover my investment under .005. I am not thinking of this like a casino with an all or nothing mentality but I am thinking of this as what seems to be the truth regarding the short shares? -I think they are short, based on the company stating they believe there is a naked short situation and they should know-they know the share count and from the dividends they issued know what is out and counterfeit. When I say they will need to cover soon I am talking about when the count is revealed. I am thinking the next two weeks or so. -What is the value of the mineral rights to the kimberlite fields? -I think it is Billions or dollars because I think they have diamonds. Everything that we know points to a big value and explosion in price per share. I think selling at these prices is either not understanding the situation or not believing it. Or maybe just not comfortable leaving profits exposed. I understand it and I think correctly and believe it and would be more comfortable to be buying than selling at these prices. No available cash or I would be buying. -Debi
GLTA-IMO-DD
------------------
But godliness with contentment is great gain.
For we brought nothing into this world, and it is certain we can carry nothing out.
Without new news to keep things moving it will start to fall off , I kinda suspected it but hoped for new newsthis weekend to keep the Momentum.
we still haven't heard any substantual information, Like do they actually have diamonds, are they moving markets, whats the core samples look like. whats the laywers for ? dividends ?
Shes a big bird and it'll take some meat to get her off the ground
------------------
~,-,-< GatorMan
Who thinks the MM's are naked short shares?
How many shares short?
Since the audit is going on and we should be changing transfeer agents by the end of June-why on Earth would you sell here and not be buying?
This isn't meant as a put down of anyone selling. Just questions to get everyone thinking about this key element of what is going to occur soon. Certainly selling some to have peice of mind and free shares is awesome -if I knew the price was going to retreat I would have tried to swing trade. But I think it could have just as easily doubled today or more. This is way interesting to me. The MM's need to cover Billions of shares and they are still playing the same gaime. IMO-DD-Debi
quote:
Originally posted by highwaychild:
Actions are speakin' as loud or louder than words.Hope Melvin is on vacation, he probably needs some R&R.
I have a feeling, like other folks do, that this vacation was conveniently timed to coincide with the new law firm and audit firm coming onboard. I think they wanted Melvin quiet during this first critical week while they step back and assess everything. I think this is a case of crossing every 't' and dotting every 'i' before making any moves. It's just a hunch, but it sounds logical to me.
quote:
Originally posted by pharmdman:
I have a feeling, like other folks do, that this vacation was conveniently timed to coincide with the new law firm and audit firm coming onboard. I think they wanted Melvin quiet during this first critical week while they step back and assess everything. I think this is a case of crossing every 't' and dotting every 'i' before making any moves. It's just a hunch, but it sounds logical to me.
Yeah, but you're an idiot...
Hahahahahaha Oh, I'm too much. I kill me
[This message has been edited by highwaychild (edited June 09, 2004).]
quote:
Originally posted by Booty Quest:
... Oh, I'm too much. I kill me
One of us needs to! LMAO!
quote:
Originally posted by pharmdman:
One of us needs to! LMAO!
LMAO!! You've got more MALE, you cheek peeker!
quote:
Originally posted by Booty Quest:
LMAO!! You've got more MALE, you cheek peeker!
Oy! as do you
quote:
Originally posted by WWJD-thru-me:
I have to ask these questions.Who thinks the MM's are naked short shares?
How many shares short?
Since the audit is going on and we should be changing transfeer agents by the end of June-why on Earth would you sell here and not be buying?
This isn't meant as a put down of anyone selling. Just questions to get everyone thinking about this key element of what is going to occur soon. Certainly selling some to have peice of mind and free shares is awesome -if I knew the price was going to retreat I would have tried to swing trade. But I think it could have just as easily doubled today or more. This is way interesting to me. The MM's need to cover Billions of shares and they are still playing the same gaime. IMO-DD-Debi
I agree WW those who sell now will be left swimming in the ocean with one paddle. I'm on the boat and headed for the island. Most of them will be buying back when it rides past the .01 mark anyway. Its coo!
------------------
'Alone we can do so little; together we can do so much.' - Helen Keller
quote:
Originally posted by highwaychild:
You two are crazy.
LOL.. you don't know how hard we have to work at it!
quote:
Originally posted by Booty Quest:
Yeah, but you're an idiot...Hahahahahaha Oh, I'm too much. I kill me
CMKX has as much institutional trading as SUNW AND CSCO FOR THE MONTH... HMMMMM
28% of CMKX trades where institutional for the month i have been looking at other stocks like.
gzfx only has 2% institutional trading for the month
qbid at 3 to 5% institutional trading
blyc none
ibzt 1% institutional trading
tfct none
but look at nasdaq stocks:
SUNW 31% institutional trading for the month
CSCO 27% institutional trading for the month
TASR 12% institutional trading for the month
(CMKX 28% institutional trading) IT'S A PINK SHEET
get the picture
a poster hit the nail on the head:
any diamond stock you look up are alot higher than where we are AND MOST ARE IN THE DOLLARS....
institutional trading SCREAMS DON'T SELL YOUR FREAKIN SHARES!
I=WATCH SAY'S CMKX FOUND SOMETHING AND THE LACK OF A STRONG PULLBACK CONFIRMS IT!!!
HOLD HOLD 70,381,000 VERY HAPPY SHARES IN MY ACCOUNT
http://thomson.finance.lycos.com/lycos/iwatch/cgi-bin/iw_ticker?t=CMKX&range=30&mgp=0&x=15&y=9&i=3&hdate=
[This message has been edited by tahoechris (edited June 09, 2004).]
quote:
Originally posted by Bob_dog:
No, you got it wrong, I'm the idiot! he's the one that likes boys.
Not that I've sent any or deserve any but i don't got mail from Booty or Male from Phariumtodd
SuperStar
LMAO, Bob... it sounds like you like boys too! I can send you some of my left over male..
Gender:
Posts: 904
Re: “Buy all you can period before June 16th.”
« Reply #5 on: Today at 11:11pm »
--------------------------------------------------------------------------------
This information was in the thread "Gag Order Imposed"
ps. Speaking of leaks, I heard through a friend of a friend etc etc etc ( we all know the routine ) that the following question was asked to UC. ( going to paraphrase )
Paraphrase: When asked about the buyout rumor of $1.00 to go private, his response was along the lines of: Probably not going to have to worry to much about that as I suspect most everyone will be out by .61cents, then he ( UC ) preceded to finish the conversation with this little gem, “Buy all you can period before June 16th
As well, it was said that UC told someone to not visit the drilling site on June 21 like they had planned - it would no longer be necessary by then.
So, these two pieces of info lead me to believe that, somewhere between the 16th and 21st, we will have the BIG one.
About the MM's and short shares:
You don't need a law firm like Edwards & Angell to straighten out your share structure, all you need is a fairly competent securities attorney. Penny companies hire attorneys every day to help them with audits and reporting, but very rarely (if ever) do you see them hire law firms of this caliber. I would challenge anyone to find another Pink Sheet company that has hired a law firm like this. You may find one or two if you're lucky, but I doubt it, that should be speaking volumes to us right there.
Provided there is a short position out there, and no matter what size it is, if you are going to attempt to get it straightened out, you had better be prepared to put a floor with value underneath the company or you will get shorted all over again. The same would apply if a company does a R/S, if there is little to no real value under the stock, the stock will get creamed with short selling, there's no risk to the short sellers, it's simple economics.
I am fairly certain there is some degree of short shares out there in CMKX, but I highly doubt it is anywhere near what some folks have suggested. You should not be focusing so much on the short share angle, because in all likelihood we will never know what it really is. I can promise you one thing for sure, if there is going to be substantial value placed under this company, anyone and everyone who shorted this stock was aware of the value long before we were, and has most likely already covered their positions down around .0001 and .0002. As I've said before, these guys are dirtbags but they're not dumb.
About the trading over the last few days:
It has been an exciting and rocky battle for sure, and while it is depressing that we don't move up 100% per day, it is perfectly normal to have these up and down gyrations. It's a tug of war between buyers and sellers. Some people are buying long, and some people are looking to just flip the stock for a quick profit, day traders or swing traders.
This is healthy for a stock, it provides the necessary action to keep a stock moving. There's nothing more painful than looking at a stock that just sits there for weeks on end with no volume, it's impossible to get in or out without the MM's making you pay a heavy price for doing so. Although it may not be a very nice thing to say, days like today are actually good for a stock, why? because when a stock takes a scary dip, the inexperienced or weak investors will all panic and bail out the first chance they get.
If this stock is going to be moving higher in the near future, the last thing you want is a lot of weak investors holding the stock. Every time the stock moves up a tick or two, you will have weak investors dumping their shares into the market, and it will be extremely difficult for the stock to gather any serious momentum.
For the swing traders out there, you may have been able to unload your stock at .0008 this week and tried to get back in lower, but you would have been lucky to get back in at .0006, more likely .0007, that is a very thin margin and a dangerous play if this thing were to take off while you were out. This actually looks like a good sign to me because I get the impression the MM's are trying to scare people out, but at the same time, they don't want to allow the swing traders to play this thing.
About the company:
We have all had a chance to do some DD over the last week or so, and from my standpoint, the DD could not be any better. We have news stating the company is preparing to become fully reporting, and will be bringing the share structure out into the open. We also had news that we have hired one of the most reputable law firms in the world to represent us, BTW a Friday midnight PR of that magnitude was a brilliant move!.
In my opinion there is only one reason to make a move like this, there is something of serious value that has been discovered, and immediate legal protection was required, it would be major overkill to hire Edwards and Angell to help us become a fully reporting company. A law firm of this caliber probably bills out at $400/hr, so I would bet it won't be very long before the company becomes fully reporting and the share structure is out in the open.
If they take too long with getting all their ducks in a row, they will go broke on lawyer fees alone. As I mentioned before, it is my speculation that there is a lot more to this story than hiring this law firm just to help us become a reporting company however, we will not know for sure until more news is released to the public. I'm personally betting there is much much more to this story.
Other bits and pieces:
I've noticed a significant decline in the number and size of posts from some of our most outspoken cheerleaders. I have my own theory on this but I probably shouldn't go there because it is only theory at this time, let's just say we could be closer to something big than we may realize. All in all I think we've held our price position relatively well, it's a little scary and unnerving but as I said before, it's a good thing.
Had we not gotten the PR's that we did last week, I would be much more concerned about things. Just by reading the PR's, you can feel there is a sense of urgency to get things moving forward, so it probably won't be very long before we hear more from the company. At that time, we can further evaluate our situation and we we all stand as shareholders, until then, let's keep a cool head and hope for the best for everyone.
These are just my personal thoughts and opinions.
Good Luck to us All!
We have several PennyPick sites profiling CMKX,
more sites will be added to this list as I become aware of
them. So check back and see the latest post for any
additions.
These sites will be bringing in many more interested
parties looking to BUY the hottest pick in the pennyland.
I've moved *********** to the top of my list why,
because I happen to believe in what he and others are
saying. CMXK has been naked shorted almost into oblivion
and now it's payback time. I think a plan has been forged
and the shorts are going to have to cover or lose their
( ! ) What convinced me? All these bashers showing up to
bash a .0008 stock. The potential here is HUGE.
(((CMKX PICK AND PROFILE SITES)))
***********.com Profile 5-24-04
(PINK SHEET: CMKX) http://***********.com/2index.html
"I'll do my small part to assist in busting shorts..." http://www.ragingbull.lycos.com/mboard/boards.cgi?board=CMKX&read=238134 By: ***********Club 5-24-04
BIGGEST SHORT SQUEEZE IN THE HISTORY OF THE STOCK MARKET http://www.ragingbull.lycos.com/mboard/boards.cgi?board=CMKX&read=238664 By: ***********Club 5-24-04
ATTENTION My Yahoo Club Email to Club Members http://ragingbull.lycos.com/mboard/boards.cgi?board=CMKX&read=245298 By: *********** Club 5-29-04
CMKX Major Major Alert !!!!
LISTEN UP CLUB Members!!!! THIS IS AN ALERT MAJOR MAJOR
MAJOR ....this is the first time I have ever given this
strong of an alert to our club members...MAJOR MAJOR
ALERT!!! http://www.ragingbull.lycos.com/mboard/boards.cgi?board=CMKX&read=254761 By: *********** Club 6-3-04
DON’T MISS THIS POTENTIAL MAJOR MAJOR STOCK PLAY!!!!! http://www.ragingbull.lycos.com/mboard/boards.cgi?board=CMKX&read=258748 By: ***********Club 6-5-04
CMKX: Reported on by Willy Wizard
Monday , June 07, 2004 11:22 ET
A recent Willy Wizard alert noted that CMKM Diamonds, Inc (OTC: CMKX) could very possible turn in to the stock play of a lifetime.
CMKX recently announced it retained a large New York law firm to represent the interests of the company.
CMKX has a current price of $0.00070 per share.
According to the Willy Wizard disclaimer, This is not a paid profile and a paid profile has not been solicited by the owner. The owner owns apx. 763,000,000 common shares he purchased out of the market. http://www.knobias.com/individual/public/news.htm?eid=3.1.7ededcb6ca06b5809ca22337bc51a13cb1960e49f7af81c6a390487b382fc8fa
The offers were getting slammed all day long with buyers
building huge positions. The stock closed .0008 with
strong buying into the last minute of trading. http://www.ragingbull.lycos.com/mboard/boards.cgi?board=CMKX&read=267437 By: ***********Club 6-8-04
CMKX: Reported on by Willy Wizard
Tuesday , June 08, 2004 10:52 ET
A recent Willy Wizard alert noted the following about CMKM
Diamonds, Inc (OTC: CMKX).
"I (Willy Wizard - Owner) think CMKX will continue with
leader press releases then launch a bomb press release
that will catapult CMKX stock to highs nobody expects."
CMKX has a current price of $0.00070 per share.
According to the Willy Wizard disclaimer, This is not a
paid profile and a paid profile has not been solicited by
the owner. The owner owns apx. 769,000,000 common shares
he purchased out of the market. http://www.knobias.com/individual/public/news.htm?eid=3.1.faa49c47294814fc002fcc4d04d596f60dcafa39a17f742d2c63b04fc9159a26
S T O C K P R O W L E R Watch advisory 6-5-04
We are issuing a S t o c k p r o w l e r Watch advisory
for CMKM Diamonds, Inc. http://www.casavantmining.com
trading on the pink sheets under the ticker CMKX. The
stock closed Friday @ 0.0004 on volume of 3.6 billion
shares. We believe that should the company be successful
with its Carolyn Pipe drilling operations in the Fort a la
Corne, Saskatchewan area shares of CMKX could rocket much
like what happened recently with another highly
speculative pink sheet stock, QBID. A $100 investment in
QBID before it took off brought some investors a return as
high as $28,000!!!
RB will not let me post link, click the following link to
go to S T O C K P R O W L E R http://tinyurl.com/2fh63
Daily Stock Picks http://www.*******************/allpicks.htm
GO CMKX.pk!!
DD CMKX.pk at *********.com http://www.*********.com/2damoon.asp
GAPPING STOCKS R US
Today's Gapping Pick(s): 06/07/04 CMKX http://www.****************.com/
Goldmarkets http://goldmarkets.homestead.com/diamond_mining_exploration_co.html
Hot Stock Chat
Today's Stocks of Interest and Stocks on the Move
Tom Allinder of ************.com owns a position in CMKX http://www.************.com/stockpage.htm
OTCPro.com
Announces its list of stocks to watch! These stocks are
looking to move! INSA, PHRM, TFCT and CMKX http://www.stockhouse.com/news/news.asp?tick=PHRM&newsid=2323678 http://www.otcpro.com/pennystocktips.asp
pennyflip aka okanagan on RB DD page http://www.pennyflip.50megs.com/
PennyPros.com alert: SHARE BUYBACK http://knobias.com/individual/public/news.htm?eid=3.1.ae00bd440d1d06aa148dce116fbf85dfa270244840900e3be3b0d0dca12c3a15
Top 5 Picks for 2004 http://www.pennypros.com/picks.html
Small Cap Investors http://ragingbull.lycos.com/mboard/boards.cgi?board=CMKX&read=104555+
STOCK REGENT http://www.***********.com/
CMKX: Reported on by ***********
Monday , June 07, 2004 10:46 ET
A recent *********** alert noted that they are watching CMKM Diamonds, Inc (OTC: CMKX) for possible move higher.
CMKX is engaged in the business of diamond mining in Canada.
CMKX has a current price of $0.00070 per share.
According to the Stock Regent disclaimer, *********** may receive compensation for the efforts in research, presentation, and dissemination of information on companies featured on its web site and within its newsletter reports. http://www.knobias.com/individual/public/news.htm?eid=3.1.d233e675e391155422620ab360dcc921e8067ab21d36a473bfcf2aecc1323ec7
TinyStock.com 06-03-04
Benedict Arnold – Eat your Heart Out
Is Canada poised to become filthy rich in diamonds?
By Steve Keohane http://tinystock.com/
Value-Stock
This could be the *Short Squeeze* of a lifetime..... http://ragingbull.lycos.com/mboard/boards.cgi?board=CMKX&read=262499 provied by:Jaco2000
RB blocks link, click on the following link to get to their web site. http://tinyurl.com/2xujo
5-9-04
Varok's newsletter went out today and the topic was CMKX http://ragingbull.lycos.com/mboard/boards.cgi?board=CMKX&board=CMKX&read=220312+&startfrom=&numposts=60
YaZZi Profile 06-03-04 http://yazzi.com/cmkx/
((DD SITES))
bullNbear CMKX DD PAGE updated frequently. http://www.ragingbull.lycos.com/mboard/boards.cgi?board=CMKX&read=267542
IRISHBULL 06-04-04
Breakout point here will be around .0005/.0006 http://www.ragingbull.lycos.com/mboard/boards.cgi?board=CMKX&read=257987
He has a great DD site at http://www.finitesite.com/irishbull/
Started By: Mariner_007 Assistants: ddfridd_007, SUBBlime http://www.investorshub.com/boards/board.asp?board_id=1561
http://www.msnusers.com/DIAMONDHUNTERS/_whatsnew.msnw
http://finance.groups.yahoo.com/group/cmkxtrememachine/
Sterling's Classroom Member Forum http://www.sterlingsclass.com/index.html
Sterling (CMKX) on IBC Radio May 28th 2004 http://yazzi.com/cmkx/sterling.htm http://ragingbull.lycos.com/mboard/viewclub.cgi?board=CLB01219
(((((Latest Press Release)))))
CMKM Diamonds, Inc. Announces It Has Retained D. Roger
Glenn, Partner at Edwards & Angell, LLP as Securities
Counsel
Friday June 4, 11:31 pm ET
LAS VEGAS--(BUSINESS WIRE)--June 4, 2004--CMKM Diamonds,
Inc., (Pink Sheets:CMKX - News) president and chairman of
the Board of Directors, Urban Casavant, announces that the
Law Firm of Edwards & Angell has been retained to
represent the Company in its desire to become fully
reporting once again. Lead counsel for CMKM Diamonds,
Inc., D. Roger Glenn, is a partner at the firm and has
over 20 years of extensive experience in working with
public companies. Mr. Glenn's professional bio can be
reviewed at the law firm's website. http://www.ealaw.com/index.php
(Inserted replacement link to shorten URL, click on the
following link to go to Mr. Glenn's professional bio) http://tinyurl.com/33n2c
Urban Casavant stated in Las Vegas today that, "hiring
Edwards & Angell, LLP, and specifically Mr. Glenn, is the
best thing that we could have done for the company and the
shareholders. The fact that Mr. Glenn began his
illustrious career with the Securities and Exchange
Commission is a further feather in the company's hat. We
would like to thank all of our shareholders for their
patience as we have moved towards this moment and as we
move forward from here as a team." http://biz.yahoo.com/bw/040604/45561_1.html
----------------------------------------------------------
Edwards & Angell, LLP Recognized As A Top Law Firm By
Leading Legal Publisher Chambers & Partners
Chambers & Partners, June 1, 2004 http://tinyurl.com/2nn9z
(Chambers & Partners) http://www.chambersandpartners.com./
bNb ;-)
If you know of any other sites please let me know so they to can be added to my DD's. Also lets all remember to mention these sites profiling CMKX on IBC Radio http://www.ibcradio.com/index.htm
quote:
Originally posted by dementk:
i sold mine last thursday and i'm glad i did. Made a few thousand and now i'm off to my next stock. You guys can't really think this compnay is going to find diamonds in a spot where debeers already dug. I'm not trying to bash by any means, but look at its record. It moves on silly news that any person can hire. I'm getting back in when its down to .0003
[This message has been edited by VNGNTN1 (edited June 10, 2004).]
BID
.0006 X4
.0005 X8
.0004 X2
ASK
.0007 X4
.0008 X7
.0009 X2
.0010 X3
THAT ARE ONLINE THIS SEC
[This message has been edited by Doji say what!! (edited June 10, 2004).]
[This message has been edited by Doji say what!! (edited June 10, 2004).]
quote:
Originally posted by dementk:
i sold mine last thursday and i'm glad i did. Made a few thousand and now i'm off to my next stock. You guys can't really think this compnay is going to find diamonds in a spot where debeers already dug. I'm not trying to bash by any means, but look at its record. It moves on silly news that any person can hire. I'm getting back in when its down to .0003
I am not bashing your comments at all but you sound like someone who is just pissed they got out too soon. first you say you've moved on to another stock because this stock is going bust but then at the very end you say your going to get back in when it hits .0003. Why would you get back in if it is going bust and they have nothing???
quote:
Originally posted by dementk:
wow, post a difference of opinion and get slammed. Alright, let me lie and say wow what a great stock with a sound board of directors. Another lie, have you seen the pictures on the website best proof this company is actually mining diamonds. Aight, now do i fit in. Can i stay. You shouldn't push out people with a difference of opinions. This board doesn't say positive comments only, so calm down.
quote:
Originally posted by dementk:
i sold mine last thursday and i'm glad i did. Made a few thousand and now i'm off to my next stock. You guys can't really think this compnay is going to find diamonds in a spot where debeers already dug. I'm not trying to bash by any means, but look at its record. It moves on silly news that any person can hire. I'm getting back in when its down to .0003
Have I missed something somewhere? Where does it say that DeBeers already dug here?
------------------
~,-,-< GatorMan
quote:
Originally posted by BobTheSlob:
Its called profit taking. I sold as well and will get back in if it goes lower. There is NEVER anything wrong with taking a profit in this game. Everyone knows stocks go up and down. Those that sold at 8 are betting on the price going back down (which by the way it is currently doing). You shouldnt bash on someone for selling for a profit.
Bob, you are right, there is not problem with taking a profit but what I think is funny is that he said he got out last week which means it was either at .0003 or .0004 at the most. He then says the stock is basically worthless but then wants to get back in at the same price he basically sold at. Tell me where the profit taking is in that? I could see saying your going to sell at .0007 or .0008 and then get back in later.
Every body can take profits, I took some. I got carried away wioth his post, just wanted to point out the facts as we are seeing "I SOLD" messages in all the threads these days. When you see this from a "New member" you have to suspect.
GLTA
quote:
Originally posted by BobTheSlob:
Its called profit taking. I sold as well and will get back in if it goes lower. There is NEVER anything wrong with taking a profit in this game. Everyone knows stocks go up and down. Those that sold at 8 are betting on the price going back down (which by the way it is currently doing). You shouldnt bash on someone for selling for a profit.
quote:
Originally posted by cool1sh:
My first guess is you're somebody who came back with a different user name.
My question is why did you sell if you wanna come back in at 0003?
LOL... i'd have to say it's Baa'aart after a Berlitz English course!
quote:
Originally posted by cool1sh:
Anybody got a fill at 0006? Thanks.
Not yet. Have had mine in since open.
quote:
Originally posted by VNGNTN1:
GATOR
Yes somewhere that was mentioned, also that UC out-manuvered Debeers on claim renewal.
IMO this is why large institutional buying.
VAN
So, it's not like DeBeers abandoned the claim then.
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~,-,-< GatorMan
<-- Rumourquote:
Originally posted by Leardron:
Not yet. Have had mine in since open.
[This message has been edited by cool1sh (edited June 10, 2004).]
quote:
Originally posted by VNGNTN1:
GATOR
Don't know, you know how rumors go. TELL ME
who else would know what is there?
VAN
Well, I think we are ALL going to know what is there, and sometime soon. Wish I could get more on this dip but the wife won't let me, says I'm getting to greedy!
Greed is good.
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~,-,-< GatorMan
since I didn't take anything off the table when it ran. Now it dropped back and I greatly increased my position so when it runs again I CAN take some off the table and sit on a bunch of free shares. The problem is they've not come through with the promised dividend ("procedural delays"). I was hoping the payment would show people this company was ligit and it would run up again. We're still promised the dividend (and a PR explaining things) but don't know when.As for PAVP, now CDVJ, still looking to get even and get out. There's better places for that money.
CMKX and QBID are the ones going to make me rich. When that happens I won't care about the other two and the losses there
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~,-,-< GatorMan
quote:
Originally posted by cool1sh:
Anybody got a fill at 0006? Thanks.
You might be waiting awhile to get a fill in at .0006, everyone has been saying people are going to try to stock up on shares in case information comes out over the 3 day weekend. Might want to think about getting your fill at .007, I did.
quote:
Originally posted by TeenageTrader:
You might be waiting awhile to get a fill in at .0006, everyone has been saying people are going to try to stock up on shares in case information comes out over the 3 day weekend. Might want to think about getting your fill at .007, I did.
quote:
Originally posted by TeenageTrader:
You might be waiting awhile to get a fill in at .0006, everyone has been saying people are going to try to stock up on shares in case information comes out over the 3 day weekend. Might want to think about getting your fill at .007, I did.
hmmm, Just seems weird. The MMs are definitely pushing this down but I wonder who's orders they are filling at this low level. There are alot of orders going through at .0006. Just wonder if they just filling sell order to cover their shorts?
CMKX and QBID are the ones going to make me rich. When that happens I won't care about the other two and the losses there
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~,-,-< GatorMan
---------------------------------------------
I agree!!! I took the loss on CDVJ because I thought I could make up the loss in a moving stock. Not sure what I bought then but I was happy to pay .0009 for CMKX for 3 million or more this week. When it does run these early thousanths of a dollar points won't be a big concern. IMO-DD-GLTA-Debi
---------------------------------------------
I also agree with Paul on one thing. This thing is taking too much of my time. It is too tempting to sit and read about it all day. Watching it today is like watching paint dry. I need to walk away for a while and get some work done. -Debi
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FurrySound
-DD-GLTA-Unless I've quoted a source, I know not what I speak of.
Someones dumping probably 200 million+ shares they probably bought at .0001
[This message has been edited by GREGDOGG (edited June 10, 2004).]
Everyone have a lovely weekend!! Dont forget to live for the moment and enjoy being with those you love. That is what matters most in life, everything else is secondary.
Holding on to shares when the news comes out... and we all know it's coming, and so do the MM's...
Holding strong for the news... this will fly...
quote:
Originally posted by Leardron:
Okay, I have had a buy order in at .0006 since this morning and it still hasn't gone through. I still say that they are practically only processing sell orders right now to cover their shorts. The other funny thing is look at how the MMs are all lined up on .0005 and .0007. Seems like a battle going on between the MMs.
quote:
Originally posted by cool1sh:
If you really want to buy, I'd suggest to place an order at 0007. If you are not in a hurry, have enough shares leave it at 0006.
No, I am happy with the shares I have. Got 25 Mil. I kind of put it out there as a guage more than anything to check to see exactly what I am looking for, whether they are processing buys or not at the lower levels.
I did this test when somebody started a thread cpl of weeks ago saying "Its difficult to buy CMKX". I picked up 7M at 0001 at that time just testing. That was a lucky test
quote:
Originally posted by Leardron:
No, I am happy with the shares I have. Got 25 Mil. I kind of put it out there as a guage more than anything to check to see exactly what I am looking for, whether they are processing buys or not at the lower levels.
quote:
Originally posted by WiseTrader:
Oh let me tell ya.. I did the most insane thing to put almost all of my portoflio money into PAVP at .013 before it tanked.. Ive lost lets say over 50 grand.. it hit me hard. CMKX was the only stock that can save me now from all the losses I've had because of the dreaded PAVP, now known as CDVJ. But my porfolio has a brighter chance now to recoupe and get me back to life again.. this is going to be a fun ride folks.. in the next few weeks, next few months.. it will race up to levels Qbid never reached yet. I have a gut feeling on this one. All I can say is those who are still trying to get in, this may be the last chance at these levels.. because this one has the potential to go to the moon. And yes, I wouldnt waste my time watching every second, just get some work done, enjoy the day, be with your family.. relax, and enjoy the ride.Everyone have a lovely weekend!! Dont forget to live for the moment and enjoy being with those you love. That is what matters most in life, everything else is secondary.
Please please please please please... tell me you don't have the same gut feeling now that you did for PAVP/CDVJ
------------------
FurrySound
-DD-GLTA-Unless I've quoted a source, I know not what I speak of.
quote:
Originally posted by ludinlo:
Had a buy order for .0006 that went through in five minutes
Who are you using? Ameritrade?
quote:
Originally posted by ludinlo:
Had a buy order for .0006 that went through in five minutes
quote:
Originally posted by makemerich:
what are rules/reasons for CMKX to get listed on OTCBB? I read on CMKM website someone said last date to file is 6/23 or 6/24.
From http://www.otcbb.com/investorinformation/investorinfo.stm
There are no minimum quantitative standards which must be met by an issuer for its securities to be quoted on the OTCBB; however, the new Eligibility Rule limits quotations on the OTCBB to the securities of issuers that are current in their reports filed with the SEC or other regulatory authority.
------------------
~,-,-< GatorMan
quote:
Originally posted by GatorMan:
From http://www.otcbb.com/investorinformation/investorinfo.stmThere are no minimum quantitative standards which must be met by an issuer for its securities to be quoted on the OTCBB; however, the new Eligibility Rule limits quotations on the OTCBB to the securities of issuers that are current in their reports filed with the SEC or other regulatory authority.
quote:
Originally posted by GatorMan:
From http://www.otcbb.com/investorinformation/investorinfo.stmThere are no minimum quantitative standards which must be met by an issuer for its securities to be quoted on the OTCBB; however, the new Eligibility Rule limits quotations on the OTCBB to the securities of issuers that are current in their reports filed with the SEC or other regulatory authority.
If so, then why would companies file as pink sheets?? Wouldnt you want to start off trading on the OTCBB??
quote:
Originally posted by BroBro:
If so, then why would companies file as pink sheets?? Wouldnt you want to start off trading on the OTCBB??
"the new Eligibility Rule limits quotations on the OTCBB to the securities of issuers that are current in their reports filed with the SEC or other regulatory authority."
Many don't report. Such as CMKX.
------------------
~,-,-< GatorMan
quote:
Originally posted by makemoney3:
Someone please post level II...
BID
2 @ .0006
13 @ .0005
1 @ .0004
ASK
8 @ .0007
7 @ .0008
2 @ .0009
quote:
Originally posted by Leardron:
Who are you using? Ameritrade?
quote:
Originally posted by GatorMan:
"the new Eligibility Rule limits quotations on the OTCBB to the securities of issuers that are current in their reports filed with the SEC or other regulatory authority."Many don't report. Such as CMKX.
ahhh, thanks.. I forgot the last time i checked with the SEC Casavant hadnt filed since like 4/2003... Any reason why a company would choose not to file?? Maybe to mask operations?? I heard DeBeers is the "GreatWhite" of diamonds...
quote:
Originally posted by Leardron:
BID
2 @ .0006
13 @ .0005
1 @ .0004ASK
8 @ .0007
7 @ .0008
2 @ .0009
CMKM Diamonds Inc. Announces 'Carolyn Pipe' Lab Results Confirm Diamondiferous Kimberlite
Thursday June 10, 6:26 pm ET
LAS VEGAS--(BUSINESS WIRE)--June 10, 2004--CMKM Diamonds Inc. (Pink Sheets: CMKX - News) is very excited to announce that the "Carolyn Pipe" is confirmed to be diamondiferous.
Saskatchewan Research Council (SRC), an independent lab located in Saskatoon, Saskatchewan reported to the company today that the core samples from the "Carolyn Pipe" has come back positive for diamond content. The "Carolyn Pipe" is located on the jointly owned Smeaton property in Saskatchewan, Canada held by CMKM Diamonds Inc., being the primary operator of the claims, United Carina Resources Corp. (CDNX: UCA - News), Consolidated Pine Channel Gold Corp. (CDNX: KPG - News) and U.S. Canadian Minerals Inc. (OTCBB: UCAD - News).
www.casavantmining.com
There is no guarantee that further exploration or drilling will produce any economic benefit to the company or the shareholders of the company.
quote:
Originally posted by DIGDOUGH:
nOW THAT NES IS OUT ON THE CAOLYN PIPE BEING DIAMONDIFEROUS, dO IS STAND A CHANCE TO BUY AT .0006 ON MONDAY, ANYBODY THINK.
quote:
Originally posted by WWJD-thru-me:
Hi Will, YAHOO! Can anybody shout AMEN? I like that 2 chances to buy at .0006 slim and none. Congrats to all holders of the golden ticket. I think this is just one of many good PR's expected soon and may have been issued as a reminder to the MM's to play nice. It is not nice to try to trick holders of the golden tickets out of their shares. We will get more good news of the share count, the Outstanding number of naked short shares and date of transfer and filing to become fully reporting.IMO=God Bless-Debi
[This message has been edited by will (edited June 10, 2004).]
quote:
Originally posted by mizzou7:
The market makers can't get it where they want it... .0005 / .0007 is not where they want it... they are in trouble!Holding on to shares when the news comes out... and we all know it's coming, and so do the MM's...
Holding strong for the news... this will fly...
I almost blew this one in a big way today.
Goodluck everyone!
Take my word, they are in a panic right now!!!
Wait until Monday, I fianlly found a company to get back at the MM's with...
I hate weekends... is it Monday yet ???
------------------
FurrySound
-DD-GLTA-Unless I've quoted a source, I know not what I speak of.
Let's all move to the newer thread. Thanks.
------------------
FurrySound
-DD-GLTA-Unless I've quoted a source, I know not what I speak of.
quote:
Originally posted by betting babe:
...moving to new thread.
Just talked to Melvin at 6:10cst
« Thread started on: Today at 6:02pm »
--------------------------------------------------------------------------------
Talked to Melvin O' Neil just a minute ago. Guys, this is big!! Asked Melvin if we are going to get reports on diamond content. Melvin said they were working on that as we speak and within a week we should know diamond carat sizes and quantity. Melvin also said, and read this closely, "whatever it is that you want, you can go ahead and go look at it."
I have not talked to Melvin personally before but I can tell you that he is a very kind and caring person. I don't know about you guys, but this is going to be on heck of a long weekend. Expect pr's to be fed to us on a regular basis. MM's are squirming now!!!
--------------------------------------------
so how about that
quote:
Originally posted by klempar77:
Just talked to Melvin at 6:10cst
« Thread started on: Today at 6:02pm »
Hmmm... how bout that huh...
So how did you contact Melvin? How can we talk to him as well?
quote:
Originally posted by betting babe:
...moving to new thread.
can i go?
As far as Monday's price is concerned, I doubt than anyone is going to get bought at .0005, .0006, .0007 and maybe at .0008.
Wouldn't surprise me if it jumps to .001 or higher mighty darn fast.
Debi, keep holding that special hand really tight!!!
May God Bless All.
Please everyone. If your brokerage house hinders you from buying CMKX, tell them you are contacting the SEC to report your brokerage house and then, please call Melvin of CMKX asap. Please spread the word everyone to all message boards. This is happening to too many people. We have to act now!! -Chrysler300C
CMKM Diamonds Inc.
Diamonds Hotline
Melvin O'Neil, 306-752-3755
Toll-free in U.S./Canada: 877-752-3755
Fax: 306-752-3754
ipr@sasktel.net
Thanks everyone. Let's work together to protect the market place and CMKX
Holdin is power