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![]() CMKX .0001 good holding stock get in while its low (Page 25)
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| Author | Topic: CMKX .0001 good holding stock get in while its low |
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tic_toc Member |
lol c'mon spit it out IP: Logged |
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mizzou7 Member |
Anyone buying tomorrow??? IP: Logged |
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joeyisthebest Member |
well I guess the lottery ticket might finally be paying off lol. help since feb with 2.1 mill strong not going to sell till I hear from Urban wish I could buy more but I have no money unless I can sell NNCO. I picked CMKX way before anyone for this week. If you check my post here on allstocks "picks for Tuesday" you will see I have CMKX QBID and TALL(E). IP: Logged |
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mizzou7 Member |
Yes you did... GREAT JOB... I think I will sell all of my BLYC and buy CMKX at market open... IP: Logged |
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WWJD-thru-me Member |
Upside wrote: This is simply amazing to me. So many people are convinced they are going to be millionaires because of this stock that it borders on insanity! You have holdings on this board alone from a few hundred thousand up to 100 million! The R B board did an unofficial count a few months ago and their total was in the billions! Thats just on one board. Come on people, do you really think this stock is going anywhere? That being said, I cancelled my sell order at .0002 because with the intensity building around this stock, the slightest hint of good news could push it to .0003 or .0004 and then I would encourage everyone to get out. Even a scam can be profitable but you have to get out while the gettings good. --------------------------------------------- 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. --------------------------------------------- I will agree with you on a few things. This is being pumped to high heavens. People should take profits. I would add one thing though. Don't be in too big of a hurry to sell if this is found to be heavily shorted and CMKX announces that UC has bought back most of the Authorized shares of the company. That alone will make it billions of shares short and that could make it go to .10. If they have diamonds and it is announced by UCAD and their other partners as well as CMKX it will also fly. There is so much DD on the Kimberlite finds and diamond analysis from the Smeaton are on the Cassavant Diamond Company message board and also ihub. If it is short billions of shares plus they announce diamonds = $$$$$$. IMO-DD-GLTA-Debi IP: Logged |
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TruthTeller Member |
Debi... What is low outstanding share count for this stock? Is 500B a low count for this? Can you also explain why do you think this will fly if its shorted heavily? Are you making these assumptions on the basis of Sterling's comments? Thank you. --------------------------------------------- [This message has been edited by TruthTeller (edited May 31, 2004).] IP: Logged |
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dardadog unregistered |
TROJANNNN-MANNNNNNNN ------------------
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WWJD-thru-me Member |
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. --------------------------------------------- The way the shorting would affect the price is this: If UC and CMKX and partners bought back all or most of the outstanding shares they could announce a buyback or dividend to all shareholders. Since they own most of the O/S and AS they would be paying themselves. But all other holders would be looking for their dividends-at this point shorts would need to cover to pay the dividend or the price for the buyback offers. Even without diamonds this could make them money. Especially if there are not many selling at low prices. If it is a sting and people hold out it could get ugly. We have all see beautiful short squeezes before. This could be another. IMO-DD-GLTA-Debi --------------------------------------------- Urban C. knows if they brought diamonds out in the core samples. I have to believe they did an onsite analysis (definitely visual and possibly onsite lab) and then sent them out to an off site lab for further analysis. The April 4 announcement said 3-6 weeks. He brought in other mining companies who forked over money for a percentage-they (the mining companies who know about diamondiferous kimberlite in this area came in as percentage partners for further exploration going back to Nov 2003 for 10% on 82 prospective claims held by CMKX and now in bigger ways for joint ventures via options). The ihub board lists all the news with dates and you can see the timeline. So knowing he had diamonds and knowing that the MM's have been cranking out shares at .0001 for years? He may have (I would have) begun buying back shares quietly but aggressively after getting some numeric idea of share count from the last dividend issue and no increase in share price after announcing he bought back at least 42 1/2 Billion shares as of December 2003. This is my opinion only but I believe this enough to put my money where my mouth is. This is such a good "Urban Legend" I hope it is true. Time will tell. Hopefully very soon. GLTA IMHO-Debi IP: Logged |
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dardadog unregistered |
I'M JUST MESSIN' WITH YOU FOLKS...HEH HEH. I HOPE YOU ALL HIT IT BIG. BUT I PERSONALLY CHASED URBAN AROUND VEGAS LAST FALL, AND IF IT DOES HIT, SOMEBODY BETTER CATCH HIM 'FORE HE CATCHES PLANE. I, LIKE MANY, STILL HAVE 5 MILLION SHARES OF THE STUFF SINCE LAST SEPTEMBER. FIGURE WHAT THE HELL. BUT PLEASE, GET THE BEVERLY HILLBILLIES TUNE OUTTA YOUR HEAD AND DON'T TIE UP YOUR WHOLE PORTFOLIO. RUFF. ------------------
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TruthTeller Member |
Thanks Debi ![]() One final question, can you name some short squeezes? Thanks again. "We have all see beautiful short squeezes before. This could be another"
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WWJD-thru-me Member |
NVEC and TASR come to mind. In the pennies any companies with short numbers of outstanding shares rise fast on news. So If CMKX has little or no Outstanding shares available it stands to reason that covering is going to cost big. NVEC and TASR had small Outstanding share counts and went up quickly and dramatically whenever shorts needed to cover. I don't follow NVEC anymore but TASR has split 2 for 1 twice and has held it's value. Before its most recent split TASR ran up as much as $30 a share in one day. It has been a thing of beauty. Someone who follows TASR or NVEC or similar stocks can probably give better insight. --------------------------------------------- I read on the Ihub board a post that made me think. WillyW has posted his ideas on this company and disclosed that he hold 725 million shares he paid for. Now say what you will about WillyW and I will probably agree with you. But stupid he ain't. I have to believe he believes he will be making money on his investment. That just made me think about this in a more positive light. IMO-GLTY-Debi
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TruthTeller Member |
Thanks Debi! I like the idea of .01 dividend, with that I don't have to made a tough decission of selling the stocks when the price goes to .01 cent. I guess I am being too greedy . Oh well.. GLTAIP: Logged |
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mizzou7 Member |
Dog: all jokes aside, what do you really think about CMKX and where it might go from here... IP: Logged |
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PAUL Member |
OK, I get the buy back thing in relation to there being a bunch of naked shorting. 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? Are holders required to take the offer? If not, what happens after the buyback to those that do not sell?
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".
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Bam Bam 17 Member |
By; Sterling *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 CMKX OS ÷ CIM OS = 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 So… Or to better review... This is saying that for every .10 cents you spend, you will receive $5.00 back in return. In Summary… In return you would receive in CIM shares: CMKX shares ÷ Dividend Ratio = Total shares of CIM This means that your total value in your brokerage account would be as below: 10,000,000 x .0001 = $1,000 for CMKX 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 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 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! ;-) IP: Logged |
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Bam Bam 17 Member |
By; donwat http://cmkmdiamonds.proboards27.com/index.cgi?board=news&action=display&num=1086055027&start=0 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 IP: Logged |
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Damian Member |
hey Bam Bam... dont quit man..... I have all nite to read.... Go CMKX..make me rch FAST!!!!! ------------------ IP: Logged |
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Bam Bam 17 Member |
I just like to read good post and let others look at them. May God Bless all. IP: Logged |
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Bam Bam 17 Member |
CMKX BOARD http://cmkmdiamonds.proboards27.com/index.cgi?board=news May God Bless All. IP: Logged |
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emunahstock Member |
should be a great day today! IP: Logged |
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Az...Cats Member |
order in at .0002 IP: Logged |
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flashovertx Member |
Does anyone think we could ever buy at .0001 again? IP: Logged |
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cool1sh Member |
L2's anybody? Thanks. IP: Logged |
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Az...Cats Member |
quote: I think the .0001 days are over. Who knows with this one. Should be an interesting day though. IP: Logged |
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hammer1home Member |
IM IN FOR MORE 0002. THIS MORNING IP: Logged |
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rsnws Member |
BID 12@.0001 ASK 10@.0002
quote: IP: Logged |
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cool1sh Member |
2.1 Bil in 10 mins.. 99.9% at 0002 WOW!! [This message has been edited by cool1sh (edited June 01, 2004).] IP: Logged |
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sneaker68 Member |
2 billion shares in volumn already! IP: Logged |
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cool1sh Member |
Damn!! where is my .0003.. ![]() Did anybody buy at .0002? Did it fill easily?
quote: IP: Logged |
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Bo14172 Member |
4mm's at .0002 11mm's at .0003 Over 1 Billion in volume in under 10 minutes of trading. IP: Logged |
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fjean Member |
what is that supposed to mean? IP: Logged |
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cool1sh Member |
There are cpl of sales at .0003 and 3 Mil for .0015.. GO CMKX!! IP: Logged |
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Bialystock Member |
my l2 shows everyone at .0003 now. no sales yet. oops, one mm back to .0002 now... IP: Logged |
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flashovertx Member |
Yes, bought 1 mill shares at .0002 easily this morning IP: Logged |
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Bialystock Member |
yes, some sales at .0003 here and there, now that i scroll back. things moving by fast. IP: Logged |
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futuresobjective Member |
quote: 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).] IP: Logged |
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roger7485 Member |
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. IP: Logged |
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Az...Cats Member |
Ok, We saw .03 for a brief time today! So we know it will move past the .02 mark. Damn, I thought we were gonna move. Back to .02....Geeeeee IP: Logged |
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Az...Cats Member |
.0003 that is IP: Logged |
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rsnws Member |
L2 BID 14@.0001 ASK 1@.0002 IP: Logged |
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Az...Cats Member |
quote: 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 IP: Logged |
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rsnws Member |
I pay for realtime L2's on www.alphatrade.com.
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case Member |
Buy order for 1000000 @.0002 900000 @ .0002 Filled pretty fast! quote:Originally posted by cool1sh: Did anybody buy at .0002? Did it fill easily? IP: Logged |
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Az...Cats Member |
AAh, Did not know you had to pay for them. Thanx IP: Logged |
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rsnws Member |
You can get delayed L2's here on allstocks but to me, unless they are realtime there is no advantage. I like alphatrade for there L2's and portfolio tracker. I get L2's for pinks, BB's, and NAS with a tracker all realtime for 38.00 a month. quote: [This message has been edited by rsnws (edited June 01, 2004).] IP: Logged |
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cool1sh Member |
Its just stable at .0002 as for now, hopefully a run coming later some time. GLTA
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TradingWizard Member |
It was nice run at 0.0003 for a while this morning. And what a coincidence that the server was down at allstocks at the same time!!!! May be it had to do with bandwidth - too many poeple looking for news on CMKX. ------------------ IP: Logged |
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TradingWizard Member |
So finally CMKX web site is now updated (w/ May 27 news and some new pictures - home page only) http://www.casavantmining.com/ ------------------ IP: Logged |
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cool1sh Member |
Aren't they running out of stocks to sell at 2 come on 0003 damn it. Its been going on all day (and whole last week).IP: Logged |
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noahltl New Member |
It was nice seeing .0003 for awhile today. IP: Logged |
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