posted May 27, 2004 12:00            

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.

---

posted May 27, 2004 13:13            

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?

---

posted May 27, 2004 13:16            

quote:

---

Originally posted by niedejb:
Anyone able to sell at .0002?

---

posted May 27, 2004 13:22            

------------------
'Alone we can do so little; together we can do so much.' - Helen Keller

posted May 27, 2004 13:23            

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.

---

posted May 27, 2004 13:24            

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.

---

posted May 27, 2004 13:25            

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?

posted May 27, 2004 13:30            

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?

---

posted May 27, 2004 14:19            

quote:

---

Originally posted by TradingWizard:
May be he just a regular guy who speaks his mind!

---

posted May 27, 2004 14:23            

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?

---

posted May 27, 2004 15:21            

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.

posted May 27, 2004 16:00            

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!

posted May 27, 2004 17:31            

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?

---

posted May 27, 2004 17:49            

quote:

---

Originally posted by TradingWizard:
So the order did not go through, let see Friday or next week!

---

posted May 27, 2004 18:59            

quote:

---

Originally posted by STAR GAZER:
pharmdman, I just looked and my GTC order to sell @ $1.00 is still in place. Thanks.

---

posted May 27, 2004 19:30            

quote:

---

Originally posted by STAR GAZER:
pharmdman, I just looked and my GTC order to sell @ $1.00 is still in place. Thanks.

---

posted May 27, 2004 20:03            

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.

---

posted May 27, 2004 20:10            

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.

---

posted May 27, 2004 20:27            

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

posted May 27, 2004 20:58            

[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.

posted May 27, 2004 22:24            

i should buy more cmkx
but i'm not going too
happy with 4 1/2 million shares.

posted May 27, 2004 23:10            

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

posted May 27, 2004 23:31            

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 :-))))

posted May 27, 2004 23:36            

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

posted May 28, 2004 00:08            

quote:

---

Freedom is hammered out on the anvil of discussion, dissent, and debate.

---

posted May 28, 2004 05:51            

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...

---

posted May 28, 2004 08:52            

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"

posted May 28, 2004 09:24            

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.

posted May 28, 2004 09:27            

quote:

---

Originally posted by vado:
Or an uneducated moron.

---

VADO