posted May 26, 2004 18:03            

quote:

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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

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posted May 26, 2004 19:00            

if you are looking for todays interview the link is... http://yazzi.com/cmkx

quote:

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Originally posted by TradingWizard:
Are you saying you invested 20 mil dollars in CMKX....you got be kidding us!!!!!!!!!

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posted May 26, 2004 20:34            

quote:

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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).]

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posted May 26, 2004 20:41            

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).]

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posted May 26, 2004 20:51            

quote:

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Originally posted by STAR GAZER:
pharmdmar I am cancelling my present sell order and changing it to sell @ 1.00 GTC

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posted May 26, 2004 22:10            

#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?

posted May 26, 2004 22:21            

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?

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posted May 26, 2004 22:34            

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.

posted May 26, 2004 23:07            

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

posted May 26, 2004 23:22            

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!

posted May 26, 2004 23:33            

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...

---

posted May 26, 2004 23:37            

He also said "this is the biggest diamond find ever". Why would he say that if they haven't found diamonds.

quote:

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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).]

posted May 26, 2004 23:40            

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?

---

posted May 26, 2004 23:44            

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.

posted May 26, 2004 23:45            

quote:

---

He also said "this is the biggest diamond find ever". Why would he say that if they haven't found diamonds.

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posted May 26, 2004 23:53            

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.

---

posted May 27, 2004 01:01            

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.html

good post.... thanks!

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posted May 27, 2004 09:35            

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.

posted May 27, 2004 09:40            

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

posted May 27, 2004 09:54            

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!

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posted May 27, 2004 09:59            

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."

posted May 27, 2004 10:07            

BID

9@.0001

ASK

13@.0002
4@.0003

quote:

---

Originally posted by cool1sh:
Anyone has L2s? Thanks

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posted May 27, 2004 10:17            

I want see .0003 today

quote:

---

Originally posted by rsnws:
L2

BID

9@.0001

ASK

13@.0002
4@.0003

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posted May 27, 2004 10:27            

quote:

---

Originally posted by TradingWizard:
Can anyone still buy at 0.0001? I placed an order via TDWaterhouse for 2.5 milns.

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posted May 27, 2004 10:31            

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.

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posted May 27, 2004 10:39            

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.

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posted May 27, 2004 10:41            

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.

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posted May 27, 2004 10:43            

quote:

---

Originally posted by cool1sh:
Thanks rsn..

I want see .0003 today

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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..

posted May 27, 2004 10:57            

quote:

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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

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posted May 27, 2004 11:02            

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...

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Ok I have 3.5 millions - but I don't qualify for this contest!!!!!!!!!!!

posted May 27, 2004 11:04            

But I want to keep them now, have a sell order at .0002 for 4M and .0003 for 3M.

quote:

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Originally posted by pharmdman:
LMAO... i never thought I'd feel like the short one in the d|ck measuring contest with 2 million...

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posted May 27, 2004 11:04            

quote:

---

How long has it been 74 degrees, and how cold is the ground 900 feet below the surface? Just asking...

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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".