Author
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Topic: CMKX II new Thread. Get it while you CAN !
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rsnws Member
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posted June 13, 2004 12:19
Just incase anyone is interested, the NHRA finals are on at 2:00 CST. Arend is qualified number 15 th.IP: Logged |
STAR GAZER Member
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posted June 13, 2004 13:00
fjean you brought up a question of what would happen if cmkx hit oil during their drilling. I have another qustion about oil, hope it doesn't upset people, but: If corn oil is made from corn and vegetavle oil is made from vegetables and fish oil comes from fish then what is baby oil made from?IP: Logged |
pharmdman Member
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posted June 13, 2004 13:03
quote: Originally posted by STAR GAZER: fjean you brought up a question of what would happen if cmkx hit oil during their drilling. I have another qustion about oil, hope it doesn't upset people, but: If corn oil is made from corn and vegetavle oil is made from vegetables and fish oil comes from fish then what is baby oil made from?
LMAO... if you want a real live story about such a thing, do some research into Gerber trying to sell baby food in India! IP: Logged |
STAR GAZER Member
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posted June 13, 2004 13:08
I found a good post at another site where the person said that he found a good post at another site on how MM's work. Basically it says that the MM's short stock when it rises because they feel that they can then scare people into selling the stock and thus make money. If people don't sell the stock, then the MM's have to buy it back and this actually makes the stock rise. Since we have over half a BILLION shares of CMKX, and most are not planning on selling for a while, it could mean that the MM's will decide that they had better cover their short shares and thus drive the stock up. Here is the post, you might want to read it and get a better idea of what is going on. « AMEP Message list | Reply to msg. | Post new msg. « Older | Newer » By: 1greeneyedhawk 12 Jun 2004, 04:06 PM EDT Msg. 8483 of 8484 Jump to msg. # MM tatics... Good read from another board: More and more investors are winning the game nowadays despite all bashers that float through the Internet that has become part of the game. Floor traders of market makers often watch CNBC, news wires and bulletin boards in order to follow the market during trading session. OTC BB market makers (MMs) don't use fundamental and technical analysis. However, what they do realize is a lot of dumb money does use this newest niche charting or TA (Technical Analysis) to run a stock either up or down. To the MMs this is like taking candy from a baby. Simply they will paint the tape and use whatever tactic to affect the charting bands. Thus the public and dumb money they will have eating out of their hands. Effectively the MMs can show a strong stock growing weak by manipulating the close price in order to generate selling volume, delaying trading time to manipulate trading activities, or even stalling the ask without honoring orders to hold a stock price. MMs follow a simple code of business when making a market in a stock especially an OTC BB / PS. That is the level that stocks will seek that yields the most volume. Now this is very important because they make money on the volume buying at the bid and selling at the ask. In other words, by making the market they are buying low and selling high. Now smart money adheres to that rule, so do all the market makers. They could careless whether the stock is at $22 or at $0.0002. All they care about is the action thus being able to sell stock at the offer (The high) and buy stock at the bid (The low). To increase their profitability, they make the spread as great as possible on as many shares as they can especially if the volume falls off. When they have mostly all "buy" orders, that's not the price that's going to yield the most volume. They need both buy and sells to get the maximum action. Remember, MMs play the volume. If the volume decreases and there are mostly Buys that become a one way volume, Buy volume. So what they do is let the stock run up to a price where it runs out of steam. They fill all the buy orders there that they can and then comes the pullback one way or another naturally or induced. During the pull back they can buy tons of shares and flip them to those averaging down or trying to catch the bounce. At some price, the stock will be relatively stable and yield the most volume. Now that is the average price you will see The average price is the point where a stock seeks a level where MMs can profit on the most volume. So during the day that is the price that MMs and momentum/day traders want to see the stock at. Why? Because they know the public and dumb money was chasing the price thing up. Most of the time, the MMs love a flurry of Market Orders which is a dead sign of an artificial run or momentum. Merely it is money in the bank for them. Most get hung in a momentum or day trade or by the tactics of Market makers, who are in the business to screw the public every chance they get. They are merely making the market liquid is their reasoning. The market makers have created an added complication to the OTCBB's /PS chaos of the already volatile intra-day price movements created by dumb money, momentum and day-traders. MMs can not relate to long-term holders in the OTC BB / PS. That makes absolutely no sense what so ever. They feel a large percentage of trades in the OTC BB / PS market consist of short-term or day-trades, MMs merely view the barrage of buy and sell orders as relatively neutral to the market. How they figure it is when the average dumb money buys shares in a company, the MMs feel or rather know with some certainty it is very likely that dumb money will want to sell back those shares relatively quick on the slightest drop. Now somewhat comfortable with this logic the MMs merely short sells into the buying and attempts to take the stock down in an effort to "shake out" the weak. Since it is tough to know for sure whether a move is the beginning of a trend, or a routine shake out, this type of deception works quite well for the MMs. What the long-termers do to a stock is surprise the MMs because instead of falling, the shorting has no effect and the price goes up. Now that puts the MM at selling low through shorting and thus having to buy high in order to cover. Boy, when this happens, the MMs are not very happy campers. The investors and traders aren't supposed to be doing that to them. Now it becomes time to pull out every trick and tactic in the book in order to attempt to get a Bear Raid at every dollar/cent mark or percent from where the stock started. Could be a fraction of a penny in smaller priced securities. What MMs do is give you a chance to make a small amount of money for your momentum and day trading style by shorting it at these levels and trying to get a bear raid each time. Each failure is compounding the MMs short position so they let it go to the next level. Now come more deliberate tactics MMs use to coerce Bear Raid or panic selling. Once the MM is caught short and the strength of the buy is overpowering the MM will want to cover his short position. So the MMs call up one of his friendly MMs and says some like "the weather is sure rough today." The MM along with the other "friendly MM initiates a down tick about the same time. Now this can also be done with a certain amount of shares such as an infamous 100 shares flag. This down tick gives the illusion of weakness designed to hopefully begin the bear raid of selling. The fickle, fearful, day trader, momentum and short term begin to sell out allowing the MM to cover his short position at lower prices. They will move it down quickly to get it to a price of least financial damage. Problem they have is long-term investors in the OTC BB / PS. They start accumulating and buying comes flying in when they take it too far thus the MMs took it to the point of volume again and not only investors the other MMs step in the make money on the spread. Alas the poor MM does not get to cover. Now comes various tactics like stalling, boxing, or even locking the Bid and Ask for a while. Of course, MMs aggressively deny any sort of collusion designed to fix quotes or spreads. MMs have a vast resource of tactics and it would take probably more than a lifetime to figure them all out. So how do investors somehow manage to overcome the obvious deception in OTCBB arena? One answer is indirection trading style by going long which the MMs do not expect. In the war between investors and public companies on the OTC BB / PS vs the MMs, if the MMs have all the advantages due to position or other factors, direct confrontation such as momentum or day trading hitting the stock is a definite death sentence. However, an indirect approach tends to weaken the path of least resistance before slowly overcoming it. The most effective way is long-term investors slowly accumulating and holding thus drawing the MMs out of its defenses making them as naked as their short position. This is war so this slow accumulation and holding for the long term easily achieves the desired effect to force MMs to cover and knock off the tactics or bury themselves deeper. The MMs when caught will especially use every trick and tactic in the book to get a Bear Raid thus playing on the individual fear of most people. The MMs feel they have information and position advantages over the investors as long as the holding of the stock is in weak hands or short term holders. Since they are OTC BB MMs who believe all OTCBB companies are not worth investing and management is ineffective regardless what is happening within the company. Furthermore, MMs know they are in the position to impose a great deal of influence in OTC BB stocks trading when it suits their needs. This inherent power of position enables the MMs to move the markets at any time up or down. As a result, the only way to draw them out of their favorable position is going long. Now this does not mean just any company but to effectively nail the MMs, Longs must find the great company on the floor and accumulate long before the MM tactics and games begin. This requires extensive research to find such a rare stock, but once you have found it, you are one up on the MMs so be prepared for every tactic in the book. IP: Logged |
STAR GAZER Member
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posted June 13, 2004 13:09
pharmdman I had forgotten about that. Good point.IP: Logged |
Bialystock Member
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posted June 13, 2004 13:09
Someone had written earlier about those Canadian partner companies that traded on Friday, and how their pps was skyrocketing until all transactions were reversed for some reason. I was looking at the chart yesterday, which I can't find now, but it just looked like it had peaked and then was droppping too steadily and smoothly for a regular chart on a day where the stock was going crazy...I'm specualting that perhaps the downward turn of the chart was recording all the cancellations as part of the official trading day. Can anyone verify by the times of the transactions that this was possibly the case? I'd like to think that for tomorrow's CMKX chart we need only refernce the part of those other Friday charts up to their apex, and assume they would have kept going straight up had the cancellations not been recorded as part of the charts. JUST MY SPECULATION, I didn't see the action, but I'd appreciate it if anyone in Canada who watched the action in real time could verify that the chart did, or did not, unfold in this way. Many thanks.IP: Logged |
bobsgolf unregistered
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posted June 13, 2004 13:12
quote: Originally posted by Bam Bam 17: By jawz_2020 http://www.ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=19921 CMKX O\S = 8.7 BILLION NEW TRANSFER CO TELLS CALLER SOMEBODY TELEPHONED THE NEW TRANSFER COMPANY AND ASKED WHAT THE SIZE OF THE OUTSTANDING SHARES WAS THEY WERE TO RECEIVE - THE SECRETARY LOOKED AT A PIECE OF PAPER AND TOLD THE CALLER: "8.7 BILLION SHARES - GEE THAT SOUNDS LIKE A LOT."
Where are you coming from????? They haven't even said that found diamonds yet. They said they found traces of material that might contain diamonds. Stop printing figures that you know nothing about. Be honest and realistic.
Bob IP: Logged |
bobsgolf unregistered
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posted June 13, 2004 13:14
quote: Originally posted by STAR GAZER: I found a good post at another site where the person said that he found a good post at another site on how MM's work. Basically it says that the MM's short stock when it rises because they feel that they can then scare people into selling the stock and thus make money. If people don't sell the stock, then the MM's have to buy it back and this actually makes the stock rise. Since we have over half a BILLION shares of CMKX, and most are not planning on selling for a while, it could mean that the MM's will decide that they had better cover their short shares and thus drive the stock up. Here is the post, you might want to read it and get a better idea of what is going on. « AMEP Message list | Reply to msg. | Post new msg. « Older | Newer » By: 1greeneyedhawk 12 Jun 2004, 04:06 PM EDT Msg. 8483 of 8484 Jump to msg. # MM tatics... Good read from another board: More and more investors are winning the game nowadays despite all bashers that float through the Internet that has become part of the game. Floor traders of market makers often watch CNBC, news wires and bulletin boards in order to follow the market during trading session. OTC BB market makers (MMs) don't use fundamental and technical analysis. However, what they do realize is a lot of dumb money does use this newest niche charting or TA (Technical Analysis) to run a stock either up or down. To the MMs this is like taking candy from a baby. Simply they will paint the tape and use whatever tactic to affect the charting bands. Thus the public and dumb money they will have eating out of their hands. Effectively the MMs can show a strong stock growing weak by manipulating the close price in order to generate selling volume, delaying trading time to manipulate trading activities, or even stalling the ask without honoring orders to hold a stock price. MMs follow a simple code of business when making a market in a stock especially an OTC BB / PS. That is the level that stocks will seek that yields the most volume. Now this is very important because they make money on the volume buying at the bid and selling at the ask. In other words, by making the market they are buying low and selling high. Now smart money adheres to that rule, so do all the market makers. They could careless whether the stock is at $22 or at $0.0002. All they care about is the action thus being able to sell stock at the offer (The high) and buy stock at the bid (The low). To increase their profitability, they make the spread as great as possible on as many shares as they can especially if the volume falls off. When they have mostly all "buy" orders, that's not the price that's going to yield the most volume. They need both buy and sells to get the maximum action. Remember, MMs play the volume. If the volume decreases and there are mostly Buys that become a one way volume, Buy volume. So what they do is let the stock run up to a price where it runs out of steam. They fill all the buy orders there that they can and then comes the pullback one way or another naturally or induced. During the pull back they can buy tons of shares and flip them to those averaging down or trying to catch the bounce. At some price, the stock will be relatively stable and yield the most volume. Now that is the average price you will see The average price is the point where a stock seeks a level where MMs can profit on the most volume. So during the day that is the price that MMs and momentum/day traders want to see the stock at. Why? Because they know the public and dumb money was chasing the price thing up. Most of the time, the MMs love a flurry of Market Orders which is a dead sign of an artificial run or momentum. Merely it is money in the bank for them. Most get hung in a momentum or day trade or by the tactics of Market makers, who are in the business to screw the public every chance they get. They are merely making the market liquid is their reasoning. The market makers have created an added complication to the OTCBB's /PS chaos of the already volatile intra-day price movements created by dumb money, momentum and day-traders. MMs can not relate to long-term holders in the OTC BB / PS. That makes absolutely no sense what so ever. They feel a large percentage of trades in the OTC BB / PS market consist of short-term or day-trades, MMs merely view the barrage of buy and sell orders as relatively neutral to the market. How they figure it is when the average dumb money buys shares in a company, the MMs feel or rather know with some certainty it is very likely that dumb money will want to sell back those shares relatively quick on the slightest drop. Now somewhat comfortable with this logic the MMs merely short sells into the buying and attempts to take the stock down in an effort to "shake out" the weak. Since it is tough to know for sure whether a move is the beginning of a trend, or a routine shake out, this type of deception works quite well for the MMs. What the long-termers do to a stock is surprise the MMs because instead of falling, the shorting has no effect and the price goes up. Now that puts the MM at selling low through shorting and thus having to buy high in order to cover. Boy, when this happens, the MMs are not very happy campers. The investors and traders aren't supposed to be doing that to them. Now it becomes time to pull out every trick and tactic in the book in order to attempt to get a Bear Raid at every dollar/cent mark or percent from where the stock started. Could be a fraction of a penny in smaller priced securities. What MMs do is give you a chance to make a small amount of money for your momentum and day trading style by shorting it at these levels and trying to get a bear raid each time. Each failure is compounding the MMs short position so they let it go to the next level. Now come more deliberate tactics MMs use to coerce Bear Raid or panic selling. Once the MM is caught short and the strength of the buy is overpowering the MM will want to cover his short position. So the MMs call up one of his friendly MMs and says some like "the weather is sure rough today." The MM along with the other "friendly MM initiates a down tick about the same time. Now this can also be done with a certain amount of shares such as an infamous 100 shares flag. This down tick gives the illusion of weakness designed to hopefully begin the bear raid of selling. The fickle, fearful, day trader, momentum and short term begin to sell out allowing the MM to cover his short position at lower prices. They will move it down quickly to get it to a price of least financial damage. Problem they have is long-term investors in the OTC BB / PS. They start accumulating and buying comes flying in when they take it too far thus the MMs took it to the point of volume again and not only investors the other MMs step in the make money on the spread. Alas the poor MM does not get to cover. Now comes various tactics like stalling, boxing, or even locking the Bid and Ask for a while. Of course, MMs aggressively deny any sort of collusion designed to fix quotes or spreads. MMs have a vast resource of tactics and it would take probably more than a lifetime to figure them all out. So how do investors somehow manage to overcome the obvious deception in OTCBB arena? One answer is indirection trading style by going long which the MMs do not expect. In the war between investors and public companies on the OTC BB / PS vs the MMs, if the MMs have all the advantages due to position or other factors, direct confrontation such as momentum or day trading hitting the stock is a definite death sentence. However, an indirect approach tends to weaken the path of least resistance before slowly overcoming it. The most effective way is long-term investors slowly accumulating and holding thus drawing the MMs out of its defenses making them as naked as their short position. This is war so this slow accumulation and holding for the long term easily achieves the desired effect to force MMs to cover and knock off the tactics or bury themselves deeper. The MMs when caught will especially use every trick and tactic in the book to get a Bear Raid thus playing on the individual fear of most people. The MMs feel they have information and position advantages over the investors as long as the holding of the stock is in weak hands or short term holders. Since they are OTC BB MMs who believe all OTCBB companies are not worth investing and management is ineffective regardless what is happening within the company. Furthermore, MMs know they are in the position to impose a great deal of influence in OTC BB stocks trading when it suits their needs. This inherent power of position enables the MMs to move the markets at any time up or down. As a result, the only way to draw them out of their favorable position is going long. Now this does not mean just any company but to effectively nail the MMs, Longs must find the great company on the floor and accumulate long before the MM tactics and games begin. This requires extensive research to find such a rare stock, but once you have found it, you are one up on the MMs so be prepared for every tactic in the book.
Where are you coming from????? They haven't even said that found diamonds yet. They said they found traces of material that might contain diamonds. Stop printing figures that you know nothing about. Be honest and realistic. Bob IP: Logged |
bobsgolf unregistered
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posted June 13, 2004 13:17
quote: Originally posted by Bam Bam 17: By jawz_2020 http://www.ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=19921 CMKX O\S = 8.7 BILLION NEW TRANSFER CO TELLS CALLER SOMEBODY TELEPHONED THE NEW TRANSFER COMPANY AND ASKED WHAT THE SIZE OF THE OUTSTANDING SHARES WAS THEY WERE TO RECEIVE - THE SECRETARY LOOKED AT A PIECE OF PAPER AND TOLD THE CALLER: "8.7 BILLION SHARES - GEE THAT SOUNDS LIKE A LOT."
Where are you coming from????? They haven't even said that found diamonds yet. They said they found traces of material that might contain diamonds. Stop printing figures that you know nothing about. Be honest and realistic.
Bob
IP: Logged |
StonedPigeon Member
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posted June 13, 2004 13:26
? about oil.Is that included in the mineral rights? IP: Logged |
bobsgolf unregistered
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posted June 13, 2004 13:39
quote: Originally posted by Bam Bam 17: By jawz_2020 http://www.ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=19921 CMKX O\S = 8.7 BILLION NEW TRANSFER CO TELLS CALLER SOMEBODY TELEPHONED THE NEW TRANSFER COMPANY AND ASKED WHAT THE SIZE OF THE OUTSTANDING SHARES WAS THEY WERE TO RECEIVE - THE SECRETARY LOOKED AT A PIECE OF PAPER AND TOLD THE CALLER: "8.7 BILLION SHARES - GEE THAT SOUNDS LIKE A LOT."
Where are you coming from????? They haven't even said that found diamonds yet. They said they found traces of material that might contain diamonds. Stop printing figures that you know nothing about. Be honest and realistic.
Bob
IP: Logged |
Bialystock Member
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posted June 13, 2004 13:42
What are you trying to say, Bob? LOL.IP: Logged |
bobsgolf unregistered
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posted June 13, 2004 13:49
quote: Originally posted by Bialystock: What are you trying to say, Bob? LOL.
Quit pumping and raising peoples expectations on garbage talk. Be specific and report facts, not how you want to see it go.
Bob
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mizzou7 Member
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posted June 13, 2004 13:54
You may have seen this but here it is again...Press Release Source: TSX Venture Exchange - Halts and Resumptions TSX Venture Exchange - Trading Halt - CONSOLIDATED PINE CHANNEL GOLD CORP. - KPG Friday June 11, 8:06 pm ET
VANCOUVER, June 11 /CNW/ -
CONSOLIDATED PINE CHANNEL GOLD CORP. ("KPG") BULLETIN TYPE: Halt BULLETIN DATE: June 11, 2004 TSX Venture Tier 2 Company Effective at 7:20 a.m. PST, June 11, 2004, trading in the shares of the Company was halted at the request of the Company, pending an announcement; this regulatory halt is imposed by Market Regulation Services, the Market Regulator of the Exchange pursuant to the provisions of Section 10.9(1) of the Universal Market Integrity Rules. All Trades prior to the Halt Trading were cancelled due to an imbalance of material information in the market.
IP: Logged |
Az...Cats Member
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posted June 13, 2004 14:32
quote: Originally posted by will: GTC:SELL: 100,000 @ .10 100,000 @ .20 100,000 @ .30 100,000 @ .40 100,000 @ .50 Keep 750,000 for ??? If not after all hope is crushed sell at .0001, and lose $200.
Hey Will, As I can see from this post, You and I have about the same # of shares bought at the exact same price. We both have the same idea, but my sells are just a bit lower for each 100,000. The first being .05 then .10 thus keeping the other mill. for retirement. Hope all works out Good luck to ya man! IP: Logged |
WWJD-thru-me Member
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posted June 13, 2004 15:18
BobsGolf wrote: Where are you coming from????? They haven't even said that found diamonds yet. They said they found traces of material that might contain diamonds. Stop printing figures that you know nothing about. Be honest and realistic. Bob --------------------------------------------- Bob-Be honest Do we need to break down the big words for you. Diamondiferous means it has diamonds-not daimond like or wishful thinking. Tested positive for Diamond content. If it said tested positive for chicken bone content would you believe it was chicken bones or traces of something like chicken bones. Be realistic, it is time to cover if you are short or if you like go ahead and sell your shares if you are a stockholder and think this is a scam. There is a market for your shares if you sell. I am coming from the angle of believing the press releases the company has put out recently. 1) They are changing transfer agents. 2) They believe the Market Makers have naked shorted this stock and will force them to cover by this change 3)The company wants to return to be fully reporting and get listed on a better exchange and have hired a prestigious law firm and lawyer to help the process. 4) The Investor Relations representative Melvin has spoken publicly about a Mount Saint Helens type press release that will make this stock's price explode upward. Urban Casavant is quoted by many as saying the stock's value is .50-.60 a share not counting the naked short squeeze. 5) The company announced it has diamonds. It hasn't announced the quality, quantity or value but we will get the full lab report in due time. The company is setting up the perfect storm. Believe or don't. Honest skepticism is more than welcome. It is a very good, healthy thing to have in the market in general and the pinks in particular. Even though I believe this is going very high I will sell a couple of Million shares in the .015 range and play with some sub .10. Try to swing trade for cash and free shares. But I will be keeping at least 12 Million very long. We don't know when the big press release will come. I do not want to be without a lot of shares when it does. 6) I have been posting here a long time and have had some phenomenal penny stock runs. Recently had ONEV and TFCT. My trading style is buy early and sell and make a profit, regret selling early and buy back in at the top. This stock is one I want to play right. I am not a pumper for any who don't know me and think I may be. If I were I would have loaded up at .0001 and be selling instead of buying. I was skeptical at .0001 and just starting to think this may be something and it went to .0002. As I continued looking into this stock I bought a lot at .0002 and .0003 and as each piece of news built on what we already know I saw the value in continuing to buy. I am still buying as I now see even more value. I think a penny in the near future is a foregone conclusion. I can easily believe .04 - .11 as more news is released. BUT if Melvin and UC are telling the truth that would be chump change. So I am still buying. I hope all do well in this and if it makes you nervous to keep this on the table sell and have some peace. Sell for free shares and some profit and then walk away from the computer for a while. On the plus side I do think this squeeze play is going to occur in a very short time frame. Maybe less than 10 days. That is not a lot of time to hang on and see how it will play out. IMO-DD-GLTA-Debi Here is the press release from the pink sheets page. .: QUOTE .: CHART .: COMPANY INFORMATION .: NEWS .: SEC FILINGS .: FINANCIAL REPORTS -------------------------------------------------------------------------------- Home >> Quotes & Data >> News >> CMKX CMKX -- CMKM Diamonds, Inc. Com ($0.0001) Company News and Press Releases From Other Sources:
CMKM Diamonds Inc. Announces 'Carolyn Pipe' Lab Results Confirm Diamondiferous Kimberlite LAS VEGAS, Jun 10, 2004 (BUSINESS WIRE) -- CMKM Diamonds Inc. (Pink Sheets: CMKX) 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), Consolidated Pine Channel Gold Corp. (CDNX: KPG) and U.S. Canadian Minerals Inc. (OTCBB: UCAD). www.casavantmining.com IP: Logged |
will Member
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posted June 13, 2004 15:28
AzMan:I have been reading all these posts, pro and con, and have made up my mind that it's those sells or bust. To hell with opinions now. If the facts change, and UC says "April Fools", then I will revaluate things, until then, Bob, bill, dog, fish, up, down, whoever can say what they like, but those are my sells as I weigh things today. IP: Logged |
WinsumLosesum Member
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posted June 13, 2004 15:32
Hey, did ya hear the latest rumor? The Carolyn Pipe is chickenboniferous!!!IP: Logged |
shadow Member
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posted June 13, 2004 15:51
Saw this post on the CMKM messsage board with a response from Melvin. He answered many questions today... this one caught my attention. http://cmkmdiamonds.proboards27.com/index.cgi?board=questions&action=display&num=1087143017
ntolnc Diamond Hunter member is offline
Posts: 22 Melvin...do you honestly think that « Thread started on: Today at 11:10am » -------------------------------------------------------------------------------- within a few days...weeks...all the hype and prediction will be behind us and the we'll all know the answers?? Is it as big as you and everyone is making it out to be? Are all these people really going to be millionaires? Can it really be this easy? Thanks in advance for your response. Logged -------------------------------------------------------------------------------- Melvin Global Moderator member is offline
Melvin O'Neil
Posts: 1365 Re: Melvin...do you honestly think that « Reply #1 on: Today at 11:18am »
-------------------------------------------------------------------------------- It will all come together soon . Is it a big as everyone thinks it is? YOU BET IT IS. Are we all going to be millionaires? that depends on the invistor not the company
IP: Logged |
vado Member
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posted June 13, 2004 15:55
quote: Originally posted by WWJD-thru-me: BobsGolf wrote: Where are you coming from????? They haven't even said that found diamonds yet. They said they found traces of material that might contain diamonds. Stop printing figures that you know nothing about. Be honest and realistic. Bob
Guys I am back but I came to appologize for my behavior in the past. I have been reading through almost every post on CMKX and I am starting to see the potential. Good luck to all IP: Logged |
vado Member
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posted June 13, 2004 16:00
I was very negative because I have been waiting for it to go up for what seems like an eternity. My view changed slightly as I am still sceptical. I will keep the negatives to my self but if I can help in anyway I will.
IP: Logged |
Booty Quest Member
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posted June 13, 2004 16:03
quote: Originally posted by vado: Guys I am back but I came to appologize for my behavior in the past. I have been reading through almost every post on CMKX and I am starting to see the potential. Good luck to all
Awesome! Welcome back. Good luck, bro. IP: Logged |
WWJD-thru-me Member
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posted June 13, 2004 16:05
Hi Vado-Welcome aboard. GLTY-Debi-------------------------------------------- Some posters were asking about the former company UC was involved in. It had a name change and still trades today. There is plenty of info about it on the casavantmining board. It is hard to copy posts there they don't show up well. I was more than satisfied with the answers I read. It did suggest his reason for incorporating in the US may have been his experience in the former company listed in Canada which allows short selling of penny stocks. I know many are trying to attack UC's character and from what I have read he is a compassionate man who wants to leave a legacy for his grandchildren. IMO-DD-Debi IP: Logged |
Upside Member
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posted June 13, 2004 16:07
quote: originally posted by will:AzMan: I have been reading all these posts, pro and con, and have made up my mind that it's those sells or bust. To hell with opinions now. If the facts change, and UC says "April Fools", then I will revaluate things, until then, Bob, bill, dog, fish, up, down, whoever can say what they like, but those are my sells as I weigh things today.
Good position. Stick to your guns until something from the company makes you reevaluate your position. I wish I had your fortitude. I'm just floating along here with no idea when to sell. Taking it day by day. [This message has been edited by Upside (edited June 13, 2004).] IP: Logged |
highwaychild Member
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posted June 13, 2004 16:09
quote: Originally posted by vado: I was very negative because I have been waiting for it to go up for what seems like an eternity. My view changed slightly as I am still sceptical. I will keep the negatives to my self but if I can help in anyway I will.
I wonder how long that will last...Just kiddin',big of you to say.Good luck V. IP: Logged |
will Member
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posted June 13, 2004 16:17
Well, well, well, vadoman is becoming a believer, pass the brother some KOOL AID. Upside I hesitate to say your name in the same paragraph, you at least supported your position with common sense logic. Regarding when you will sell, at what price, I am betting you have WISH/HOPE price. I somewhat have to agree with you at this point until the PR's become more specific and detailed, but I have faith that it will be ALL GOOD. My sells will be in before 9:30AM tomorrow. I don't suspect they will get filled tomorrow, but they're going to be there for the taking, excuse, buying.IP: Logged |
Az...Cats Member
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posted June 13, 2004 16:19
quote: Originally posted by WinsumLosesum: Hey, did ya hear the latest rumor? The Carolyn Pipe is chickenboniferous!!!
WOW!!!! Chicken bones. This will be big. Any other chicken bone miners in the area we could possibly merge with. Be careful guys, We could be looking at turkey bones which are worthless on the chicken market. IP: Logged |
WWJD-thru-me Member
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posted June 13, 2004 16:20
Upside you will do great with this if you are floating along waiting to sell. You will probably still be holding some when and if the much promised and anticipated Mount Saint Helens Press Release comes out. That is when I will decide what I am doing with the bulk of my shares. This is definitely a wierd stock. Most of what we know or think we know looks OK but most of what we don't know is what will give us an idea of its true value. On the plus side when we do know the share count and the quality and quantity of diamonds and any further partnership details we can ascribe a price per share value fairly easily. IMO-DD-GLTY-DebiIP: Logged |
will Member
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posted June 13, 2004 16:22
Should we guess at the O/S, I say 22B. quote: Originally posted by WWJD-thru-me: Upside you will do great with this if you are floating along waiting to sell. You will probably still be holding some when and if the much promised and anticipated Mount Saint Helens Press Release comes out. That is when I will decide what I am doing with the bulk of my shares. This is definitely a wierd stock. Most of what we know or think we know looks OK but most of what we don't know is what will give us an idea of its true value. On the plus side when we do know the share count and the quality and quantity of diamonds and any further partnership details we can ascribe a price per share value fairly easily. IMO-DD-GLTY-Debi
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fjean Member
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posted June 13, 2004 16:34
quote: Originally posted by StonedPigeon: ? about oil.Is that included in the mineral rights?
even if it's not include i'm sure a slice would be given to cmkx if oil were to be found. you never know folks, we're talking about almost 2 million acres of land here. ------------------ IN SUB-PENNY WE TRUST IP: Logged |
tic_toc Member
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posted June 13, 2004 16:46
Remember people, keep a level head. Complacency is a sickener. I should know, I just watched England lose 2-1 to France in extra time. IP: Logged |
StonedPigeon Member
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posted June 13, 2004 16:52
Seems to me it would include anything under the ground but I not sure of that.IP: Logged |
singlemom Member
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posted June 13, 2004 17:56
Wonder if this has anything to do with the June 16th deadline, mentioned by UC, from a previous post.______________________________________ Rakly Diamond Driller Gender: Posts: 251 Re: NEWS OUT ON THE FORT! HELP!! « Reply #25 on: Today at 07:47am » -------------------------------------------------------------------------------- Check this out! http://www.kensington-resources.com/s/LatestNews.asp "Joint Venture Meeting The Fort à la Corne Joint Venture Meeting will be held in Saskatoon, Saskatchewan on June 16, 2004 at which time the partners will be discussing a new strategy for the coming year. Details of the forward program will be announced as soon as it has been finalized and approved by the joint venture partners. The Fort à la Corne Diamond Project is a joint venture among Kensington Resources Ltd. (42.25%), De Beers Canada Exploration Inc., a wholly owned subsidiary of De Beers (42.25%), Cameco Corporation (5.5%) and UEM Inc. (carried 10%). The 71+ kimberlite bodies of the Fort à la Corne Field form one of the largest diamondiferous clusters in the world." IP: Logged |
killpack Member
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posted June 13, 2004 18:05
Just when you think you have seen just about everything, along comes CMKX.IP: Logged |
Upside Member
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posted June 13, 2004 18:14
originally posted by WWJD-thru-me: quote: Upside you will do great with this if you are floating along waiting to sell. You will probably still be holding some when and if the much promised and anticipated Mount Saint Helens Press Release comes out. That is when I will decide what I am doing with the bulk of my shares. This is definitely a wierd stock. Most of what we know or think we know looks OK but most of what we don't know is what will give us an idea of its true value. On the plus side when we do know the share count and the quality and quantity of diamonds and any further partnership details we can ascribe a price per share value fairly easily. IMO-DD-GLTY-Debi
Debi, I hope you're right. My gut tells me to get out now but my greedy head is telling me to wait. I just can't shake the feeling that someday soon we're going to hear that they are all done, out of business, stock is worthless. I really do hope I'm wrong because so many people have invested so much money here and a lot of them will be hurt real bad. But for now, I'll float along, see what happens and hope for the best. Good luck with this and any others you may be invested in!
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jackpot Member
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posted June 13, 2004 18:38
I think this is going to hit at least .01 tomorrow from last weeks PR. It's going to pop, sparkle, shine like a 24 carrot diamond! IP: Logged |
bill1352 Member
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posted June 13, 2004 19:29
will....I'm not bashing or selling...i saw something and just wanted to post it..as i've said i've only been in here 2 weeks i was hoping someone in here knew about this stuff from '96 and might enlighten me. as i also said i'm not selling till i see $1 maybe the 47,000 over the other 1.1 mil and then only because i owe i owe i owe...lol the IRS & I have a stand 2 hr phone call every other month..lolIP: Logged |
pharmdman Member
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posted June 13, 2004 19:32
quote: Originally posted by vado: I was very negative because I have been waiting for it to go up for what seems like an eternity. My view changed slightly as I am still sceptical. I will keep the negatives to my self but if I can help in anyway I will.
Sheeeet, that was nothin' compared to what the dog pulled this week... welcome back! IP: Logged |
WWJD-thru-me Member
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posted June 13, 2004 19:32
Upside, A lot of time what I call gut instinct is really everything that I have taken in through all my senses even subliminally and filtered through everything I know. It seems like a sixth sense or a 'gut' feeling but it has a basis in things I may have heard and seen. SO I guess my big question is since your gut has a negative vibe is what do you know of that you have heard or seen and filtered through your experienc that leads you to think this may turn out bad? My gut tells me it probably will turn out good but common sense says to take my original investment plus some hefty profit at some point. I am still planning to buy tomorrow but as my stocks value rapidly increases there is more to lose and it will be difficult to resist selling when I see all that profit. I still think everything points to this being a winner but I would love to hear anything you have that may be good reasons for your 'gut' feeling (other than all the crooked pennies we have all seen)-but feel free to use them if that is what the gut feeling is about. GLTYand to all, IMO-DD-DebiIP: Logged |
WinsumLosesum Member
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posted June 13, 2004 19:48
If the worst-case scenario was true, wouldn't these guys go to jail? They can't be talking the way they are if there's no merit at all... right?IP: Logged |
Bam Bam 17 Member
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posted June 13, 2004 20:14
By Sterling http://www.ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=20093 CMKX Info Update... I received info from a trusted source that was presently at the race and he read off and sent me a scanned copy of the cards that were being passed out at the races. This info might be new to some, but old to others, but yet still interesting to still know. I will try to have a picture copy linked to my website for all to read and see the entire viewing of the card. Peter is also trying to put the info up from a word document for all to at least view the text on the back of the card. The key things of note on the card that caught my eyes are below: “…CMKM Diamonds, Inc. recently initiated a drill program, which confirmed results of one of the thickest kimberlite bodies found to date in the Fort a la Corne area…” The other piece that caught my eyes… “…Initial geological reports indicate a high probability of locating diamonds and precious metals on this land as the Kimberlite pipes (the material in which diamonds are generally found) are in abundance on a number of claims in the area. Reports show that these Kimberlite pipes are approximately twenty times larger than are normally found… This is very powerful in my opinion. All is well! http://www.sterlingsclass.com/ ;-) Sterling _____________________________________ May God Bless All.
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Upside Member
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posted June 13, 2004 20:15
originally posted by WWJD-thru-me: quote: Upside, A lot of time what I call gut instinct is really everything that I have taken in through all my senses even subliminally and filtered through everything I know. It seems like a sixth sense or a 'gut' feeling but it has a basis in things I may have heard and seen. SO I guess my big question is since your gut has a negative vibe is what do you know of that you have heard or seen and filtered through your experienc that leads you to think this may turn out bad? My gut tells me it probably will turn out good but common sense says to take my original investment plus some hefty profit at some point. I am still planning to buy tomorrow but as my stocks value rapidly increases there is more to lose and it will be difficult to resist selling when I see all that profit. I still think everything points to this being a winner but I would love to hear anything you have that may be good reasons for your 'gut' feeling (other than all the crooked pennies we have all seen)-but feel free to use them if that is what the gut feeling is about. GLTYand to all, IMO-DD-Debi
Debi, Maybe "gut" is a bad description, I guess I'd call it more of an instinct than anything. My instinct right now is telling me to buy more BLYC tomorrow morning. As far as CMKX goes, my negative views on this one does stem from research and a somewhat long winded theory that I posted earlier on one of these threads. To me, the wildcard right now is their retaining the prestigious lawfirm. I can't figure that one out although a couple of possibilities have come to mind. Anyway, I'll keep watching for now and hope for the best. IP: Logged |
Upside Member
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posted June 13, 2004 20:19
originally posted by WinsumLosesum: quote: If the worst-case scenario was true, wouldn't these guys go to jail? They can't be talking the way they are if there's no merit at all... right?
Why do you think they would go to jail? What have they done or said that they cannot back up? P.S. That's part of my theory surrounding this company. IP: Logged |
Bam Bam 17 Member
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posted June 13, 2004 20:33
By dutch-x http://www.ragingbull.lycos.com/mboard/boards.cgi?board=CLB00206&read=9080 (repost) CMKM Diamonds - Placards from race! This information is verbatim from the nice placards that are being handed out at every race. These placards are changing at every race (I have 2, one from the Houston race and one from the Chicago race) and they "are" different. Enjoy the read!! CMKM Diamonds, Inc. (formerly known as Casavant Mining and Kimberlite International) is a mining and exploration company with mineral claims in central Saskatchewan, Canada. The founder and current Chairman of the Board, Urban Casavant, is a native of the Prince Albert (Saskatchewan, Canada) area, and has been involved in the precious stone and metals industry for over seventeen years presenting a substantial advantage over other exploration companies in the Saskatchewan region. With local knowledge combined with years of researching geological/government reports of the Saskatchewan area, 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 well known international diamond exploration companies, prior to forming CMKM Diamonds, Inc. The company now has over 1,000,000 (one million) acres claimed in the Saskatchewan Province of Canada, which include Fort a la Corne claims, Green Lake claims and zinc claims which include the original George Lake Deposit (also known as Brakewell Lake) with options for approximately 1.9 million acres total for the Saskatchewan region. 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. The new kimberlite discovery was named "The Carolyn Pipe" after Mr. Casavants wife and all additional kimberlite discoveries will be named after individuals rather than traditionally given a number. Initial geological reports indicate a high probability of locating diamonds and precious metals on this land as the Kimberlite pipes (the material in which diamonds are generally found) are in abundance on a number of the claims in the area. Reports show that these Kimberlite pipes are approximately twenty times larger than are normally found. With ongoing drilling on additional targets scheduled for diamond core sampling for the rest of 2004/2005. While continuing to focus on Fort a la Corne, CMKM Diamonds, Inc. is remaining proactive in expanding their asset base through target acquisition elsewhere in Canada and around the world. CMKM Diamonds, Inc. has recently entered into marketing agreements aimed at the motorsports industry with Can Am Motorsports "CMKXtreme Machine" and also entered into an Agreement with the ASA Speed Truck Challenge as its new Series / Title Sponsor for the remaining 13 races in 2004. The CMKXtreme Machine top fuel Corvette Funny Car piloted by Jeff Arend which debuted in Las Vegas on April 1st, 2004 and set 3rd fastest qualifying time of 299.997 MPH at Houston Raceway Park the following weekend. The ASA Speed Truck Challenge ... presented by CMKXtreme.com will include several national television broadcasts to be aired in the later part of 2004 and early 2005. The name of the broadcasts will be CMKXtreme "Driven to Rock". For details on race schedule or air times go to: w w w.cmkxtreme.c o m or w w w.speedtruck.c o m. For additional information or questions please contact: CMKM Diamonds, Inc. Diamond Hotline Toll Free in US/Canada: (877) 752-3755 CHEERS, Jamie ______________________________________ May God Bless All.
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WinsumLosesum Member
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posted June 13, 2004 20:36
What I'm saying is, if the company has nothing, and they are talking all this Mt. St. Helens stuff, then they are guilty of stock manipulation. So I'm concluding, since I'm rather certain they wouldn't want to go to jail, that there is at least some positive news about this company, not "that they are all done, out of business, stock is worthless," as you have said you feared.Am I wrong about the stock manipulation thing? I'm not an expert or anything. quote: Originally posted by Upside: originally posted by WinsumLosesum: Why do you think they would go to jail? What have they done or said that they cannot back up? P.S. That's part of my theory surrounding this company.
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Upside Member
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posted June 13, 2004 20:52
originally posted by WinsumLosesum: quote: What I'm saying is, if the company has nothing, and they are talking all this Mt. St. Helens stuff, then they are guilty of stock manipulation. So I'm concluding, since I'm rather certain they wouldn't want to go to jail, that there is at least some positive news about this company, not "that they are all done, out of business, stock is worthless," as you have said you feared. Am I wrong about the stock manipulation thing? I'm not an expert or anything.
My contention is that they are doing everything they have to do to cover their tracks before shutting the whole thing down. Think about it for a minute. As they dump billions of shares on the market and pocket the money, they know they have to do something to make themselves look legit. They've raked in millions and millions of dollars in the past year or so and what have they spent it on? One drilling rig and one core sample analysis. And a funny car. Drill on land where you know there's diamonds but not in a quantity to mine, announce in a p/r that you have found diamonds thereby driving up the pps even more so they get more cash with the new crop of shares they dump, then shut it all down and walk away. If an investigation comes up they have documentation in the form of mineral claims and video footage that they did everything in their power to try and increase shareholder value. Melvin might be hung out to dry but I doubt it. If you listen to him, he doesn't really say anything. So he made a reference to Mt. St. Helens. It doesn't mean anything. He could come up with a hundred different explanations for that. All I'm saying is be careful and be suspicious of any news that comes out. Try to read between the lines!
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VNGNTN1 Member
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posted June 13, 2004 21:04
UPSIDE One large thing that says not so. Is no legal firm of the caliber stated ( and I believe verified by a posters call) would not allow themsleves to mainpulated. VANIP: Logged |
Upside Member
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posted June 13, 2004 21:10
originally posted by Van: quote: UPSIDE One large thing that says not so. Is no legal firm of the caliber stated ( and I believe verified by a posters call) would not allow themsleves to mainpulated. VAN
I agree with that. As I said in an earlier post that's the wildcard I can't quite figure out although someone posted a few days ago (might have even been you) that law firms are used for many things, not just to get listed on the OTCBB. IP: Logged |
Wallace#1 Member
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posted June 13, 2004 21:37
Upside happens to be right about them being protected if they go belly up. Melvin could easily deny the "Mt.St.Helens" statement. The only place I have seen it referenced is on a message bds. If it is phony, they did a good job of CYAs. Another thing, re that option thing. $50K + $200K or its equavilent does not seem like a lot for 22K+ acres with a theoretical potential for billions$$$$. Further, real con men are pros at deceiving their targets. The other side of this coin (forgetting about that stupid race car) is that DeBeers is in the same neighborhood. That the pipes do exist and that is exactly where diamonds are found, etc. Somehow, having worked with Wall St lawyers, hiring that firm does nothing to convince me, since that too can be done by con men...even huge banks have been conned by them...anyone remember Enron? Frankly, there far too many unknowns, rumors and mistaken assumptions to make me feel completely comfortable. Still, I have lost money of extremely solid companies, so who knows? As for me, 4 mil shs is enough if it is legit. If not, I haven't lost that much. Now, I will just trust to luck. And, if it hits, be thankful.[This message has been edited by Wallace#1 (edited June 13, 2004).] IP: Logged |
Bam Bam 17 Member
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posted June 13, 2004 21:41
By Sterling http://www.ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=20282 Link to New CMKX Info... Below is the link to the most recent updates to the CMKX-treme cards that are being passed out at the races. http://www.sterlingsclass.com/service.htm Go to the section titled: Recent CMKX Card Large Files Side A -- Side B, SIDE B ENHANCED CLICK HERE There are 3 parts to view as indicated above; 1. Side A - Picture of the CMKX-treme car (Front) 2. Side B - Picture of Jeff Arend, with bio, and CMKX sponsor info (Back) 3. Enhanced CMKX sponsor info for easier reading (Back) The info on the card is consider official information from the company and is updated before every race. All is well! http://www.sterlingsclass.com/ ;-) Sterling _________________________________________ May God Bless All.
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