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 CMKX II new Thread. Get it while you CAN ! (Page 29)
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| Author | Topic: CMKX II new Thread. Get it while you CAN ! |
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booboo Member |
posted June 16, 2004 21:50
  
quote: I agree. I think this news is what a lot of folks were holding out for today and did not tell us anything that we didn’t already know. This will probably pull back some tomorrow as a result. I would consider getting back in at .0001/.0002 … maybe .0003. I need some more solid evidence that they have diamonds that can be mined to get in any higher. [This message has been edited by booboo (edited June 16, 2004).] IP: Logged |
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will Member |
posted June 16, 2004 21:56
Well, from Doji, to you we have a wide gap of the value of the value PR. I think Upside got it right alluding to it being ambiguous. So, either you and/or Doji can be right. lol That seems to be the nature of their PR's. I have read other OR's concerning findings of drill samples, and they were much more detailed then CMKX's. It almost makes me believe it is done purposely, then if anything goes wrong they can put Marvin on that radio station to stutter and stammer dwnials. IP: Logged |
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Upside Member |
posted June 16, 2004 22:01
If you really read this thing, where is the mention of working towards the goal of an OTCBB listing? It's not there. It states that they are working towards "complying fully with all restrictions on it". And what would those requirements be? They're a pink sheet company for crying out loud! They have no requirements! Then it states that they are working towards resolving the problems the company has been facing and devoting "significant efforts immediately towards that goal". What problems would those be? Bankruptcy? Leaving the country before all of the class action lawsuits hit? This is a horrible p/r but you know what? It will probably send the pps up tomorrow. Unbelievable. IP: Logged |
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will Member |
posted June 16, 2004 22:04
Edwards & Angell has nothing to do with "more solid evidence that they have diamonds that can be mined". I think they will be working on share structure, naked shorting, and becoming a repoerting company. We have two issues here, the legitimizing of the company, and the diamond finds. The former can raise the PPS some, but the latter is the rocket fuel here. quote: IP: Logged |
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WWJD-thru-me Member |
posted June 16, 2004 22:09
Well, I have a positive take on the PR-surprise, surprise. I would say the main problem the company has been facing is the Naked short issue. We know they want to be areporting company and change transfer agents. I think the PR is deliberately ambiguous and when they are ready to file their papers which they are immediately giving their attention to we will have answers to many of our questions. How many shares outstanding? What is the Naked Short Share position? What is the value of the kimberlite pipes we have lab samples returned on? What does the lab report say? Who is partnering with us, what percentages? And hopefully more. I think if there is a Mount Saint Helens PR it will be the follow up when we are going on a new exchange. I did get some more today at .0005. I wish I bought more. I don't see this going down on this PR. GLTA-IMO-DD-Debi IP: Logged |
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booboo Member |
posted June 16, 2004 22:10
quote: I agree 100% with that. However, cmkx purpose is to find diamonds that can be mined for profit. Until this happens the pps is not going to rocket up like everyone is hoping. Until that pr is out it will just move between .0001 - .001 on vague pr and hype. IP: Logged |
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will Member |
posted June 16, 2004 22:12
UpMan: How am I ever going to teach you to be fair and balanced. Don't you think you are taking the glass is EMPTY view of that PR? I will admit ambiguity, but leaving the country, lol, c'mon now, man. quote: IP: Logged |
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will Member |
posted June 16, 2004 22:17
Deb, I respect your optimism, but I think that's twice now I read you saying "delibrately ambiguous" Why should they HAVE to ambiguous? Why not be forthright, and forthcoming with accurate detailed news? Do you really think every PR is a play in a poker hand here? quote: IP: Logged |
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Upside Member |
posted June 16, 2004 22:21
You know, another thing while I'm ranting here, I listened to the transcript of Sterling on IBC radio last night. This is the guy that everyone seems to be pinning their hopes on with his "perfect storm" theory. Will, you thought Melvin sounded bad, listen to this piece of work! At one point he claimed CMKX's mineral claims might be worth 2 trillion dollars but people would view that as wild "spekalation" (his word, not mine) so he backed it off to a conservative 100 billion or so. I contend that they are worth nothing or next to nothing. This is land where the mineral rights have been bought up at a feverish pitch since the mid 1990's. Why is it then that CMKX can roll in half a decade to a decade later and buy up all of this pristine diamond filled land that everyone else ignored? Because there's nothing there! They claim to surround all of the diamond producing pipes. Great! what are they going to do, tap into someone else's pipes? You know, where I live there is a quartz quarry note too far away. You know what surrounds it? DIRT! Guess what surrounds all of the valuable claims in the FALC area? DIRT! This company stated that they were drilling on their highest priority target first and what did they find? Two diamonds not much wider than a hair follicle. Can't wait to see the results from some of the lower priority targets. The only remaining hope here is the naked short theory and that somehow this company pulls a rabbit out of its hat and somehow creates a sustained rise in the pps forcing all of those nasty MMs to cover those trillion or more shorted shares but more and more, even that is looking like nothing more than desperate hope. IP: Logged |
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stk2301 Member |
posted June 16, 2004 22:25
quote: Will, IP: Logged |
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will Member |
posted June 16, 2004 22:29
Who is Sterling in relation to the CMKX? IP: Logged |
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Wallace#1 Member |
posted June 16, 2004 22:29
All right you guys........ My two cents says Upside is 100% right on this. That release said absolutely nothing. IP: Logged |
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stk2301 Member |
posted June 16, 2004 22:34
quote: I'm sorry to say this but some of people are not looking at what is in front of you. The PR said that they are GOING TO WORK. I wouldnt say that is nothing. Obviously, SOMETHING is going on, and the law firm is working on it. Whether it be shorting or making sure that we can comply with SEC requirments, SOMETHING IS HAPPENING. All you people are looking for too much at one time. All you want is a quick buck. I suggest you get out if you have no patience, or this stock will drive you crazy. IP: Logged |
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hammer1home Member |
posted June 16, 2004 22:35
has anyone noticed on cbsmarketwatch they list the the o/s and a question what does it mean they handle forward looking statements with litigation this was on bottom of pr? IP: Logged |
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Upside Member |
posted June 16, 2004 22:35
originally posted by will: quote: Sterling is a guy on another message board who has come up with all kinds of wild speculation about how CMKX could be worth up to $16.00 per share and then he backed it off to I believe $1.50 or so. He has his own theory self titled "CMKX, The Perfect Storm" or something like that where based on wild land values, a CMKX dividend, a ton of naked shorted shares, and probably some other things I'm forgetting, CMKX has a value far surpassing anyones wildest dreams. It's been posted here before in the old thread somewhere. Look it up, it's pretty entertaining. IP: Logged |
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stk2301 Member |
posted June 16, 2004 22:36
quote: I'm sorry to say this but some of people are not looking at what is in front of you. The PR said that they are GOING TO WORK. I wouldnt say that is nothing. Obviously, SOMETHING is going on, and the law firm is working on it. Whether it be shorting or making sure that we can comply with SEC requirments, SOMETHING IS HAPPENING. All you people are looking for too much at one time. All you want is a quick buck. I suggest you get out if you have no patience, or this stock will drive you crazy. IP: Logged |
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will Member |
posted June 16, 2004 22:37
Illegal? Naked Shorting might not be legal according to the written law, but it sure appears to be an accepted business/trading practice blessed by the SEC. In instances like that I wouldn't think it be out of the question to put the offenders on notice with a cease and desist statement.
quote: IP: Logged |
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mizzou7 Member |
posted June 16, 2004 22:39
The bottom line here is... we are really no better off today than we were a few months ago, at least back then we were a little more hopeful... The last couple of days have been devastating IMO... The price is holding above .0004... but for how long ? without a positive release it can not sustain... IP: Logged |
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rsnws Member |
posted June 16, 2004 22:39
GO to this one. http://cmkx.istwara.com
quote: IP: Logged |
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cool1sh Member |
posted June 16, 2004 22:39
I can't totally agree with Upside or Debi. If the PR is going to do bad to the pps why would they release it? Does Urban think that PR is good to pps and it will not do good to pps? Do they want the pps go down and deliberately released an ambiguous pr? Or like Debi said is this a indirect warning to MMs? Man.. this CMKX is always fishy. I am holding tho. GLTA IP: Logged |
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Upside Member |
posted June 16, 2004 22:40
originally posted by stk2301: quote: I agree with the first sentence of your post. IP: Logged |
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stk2301 Member |
posted June 16, 2004 22:40
quote:
IP: Logged |
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stk2301 Member |
posted June 16, 2004 22:41
quote: Thats great. IP: Logged |
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VNGNTN1 Member |
posted June 16, 2004 22:41
The release did say clearly that they have one or more problems. A subject i mentioned and no one took me up on is DEBEERS. They could be a real source of trouble especially if UC out-manevered(rumor) them on claims. VAN IP: Logged |
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Upside Member |
posted June 16, 2004 22:44
originally posted by cool1sh: quote: In my opinion they are trying to create the next wave of rumors and looking at some of the posts here, it's starting to work. Pps goes up tomorrow. IP: Logged |
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will Member |
posted June 16, 2004 22:44
OK. I thought that's what he was. I think I read one of his essays "Thinking Outside of the Box", struck me as a bunch of double speak. He doesn't know anymore than the rest of the people here.
quote: IP: Logged |
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GatorMan Member |
posted June 16, 2004 22:44
Upside, finally! Someone else who thinks Sterling is full of crap. I posted that opinion when "The Perfect Storm" was posted here and was pretty much ignored. I think people here would rather hear the BS then look at this thing realisticly. I think there is probably value in the mineral claims but it remains to be seen how much, if it's worth mining, and if they can raise the money to mine. ------------------ IP: Logged |
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Wallace#1 Member |
posted June 16, 2004 22:48
stk2301, I don't know how long you have been in the business world, but a whole lot of people "GO TO WORK" and do absolutely nothing. Further, in the past (the far past), I have received 1000s of public releases (and well before the public got them). I saw their impact(s) thousands of times...and that's hands on experience. Do you have comparable credentials? I tell you again, THAT RELEASE SAID NOTHING !!!! IP: Logged |
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hammer1home Member |
posted June 16, 2004 22:49
quote: is this o/s old and does any one know what the statement means in english IP: Logged |
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VNGNTN1 Member |
posted June 16, 2004 22:51
UPSIDE Before I was rudely interrupted by a "server" My thoughts were to stage posts daily weekly or nn pages etc. but first have people "glean the valuable real data which would have an indefinate shelf life for research. NO L2s, or copied pastes from else where unless relevant and then moderator can pare it down. Also a nice poll segement that would be overseen by moderator to capture boards positions/who buys sells etc. The main thrust is to provide a goto thread for busy people & newbies. I have emailed BOB with ideas and think he might put out a thread to solicit more ideas> VAN IP: Logged |
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Upside Member |
posted June 16, 2004 22:54
Sounds like a good idea Van. I hope he acts on it! IP: Logged |
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WWJD-thru-me Member |
posted June 16, 2004 22:54
Upside-first I want to address the finding 2 diamonds comment. I wasn't impressed until I found out that was from an 88 pound sample. Figure out how many would be in a ton. Also that was just the beginning. --------------------------------------------- As far as being deliberately ambiguous goes. The MM's know they are short. We know they are short. What they don't know is the outstanding share count and neither do we. For all we know there may be an open and shut winnable case here that will change the way business is done on the OTCBB and pinks. I sure hope so and not just so this stock will be a huge win for me. But the naked shorting is taking all the fun out of the market for me. It negates the law of supply and demand. It makes all the DD you do basically worthless. So I like to think of myself as a smart person. I read reports, visit the SEC sites, read the financials, old press releases, message boards, call the transfer agents, visit IR and then some criminals with while collars spin shares out of thin air and sell them to tank the price on good news. I want them held accountable and hope our law firm are the people to do it. If UC, the partners and a group of longs has bought all the OS and the MM's are spinning air-it will be fun to watch it unfold. I would pay thousands to watch. Oh, I did, it is my 21+ Million shares. They will need to buy them back from me and the price is going up. --------------------------------------------- This is my opinion and I am sticking with it. Good luck to all-I hope you do well whether you are in or out. If your out you won't get hurt if I am wrong. You may get jealous if I am right-but it won't hurt. --------------------------------------------- IMO-DD-Debi IP: Logged |
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will Member |
posted June 16, 2004 23:00
"As far as being deliberately ambiguous goes. The MM's know they are short. We know they are short. What they don't know is the outstanding share count and neither do we. For all we know there may be an open and shut winnable case here that will change the way business is done on the OTCBB and pinks." Respectfully Deb, I don't think that answers the question of them being delibrately ambiguous, unless a am not smart enough to see the linkage. I'm one of those guys that need it broken down to me like I am a three year old. IP: Logged |
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winmaccer Member |
posted June 16, 2004 23:00
quote: RIGHT ON BROTHER<<<<<<< IP: Logged |
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hammer1home Member |
posted June 16, 2004 23:02
thanks for your help "not" IP: Logged |
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Upside Member |
posted June 16, 2004 23:02
originally posted by WWJD-thru-me: quote: From what I have read and maybe I misinterpreted it, those two diamonds did indeed come out of two samples that weighed a total of 88 pounds. However, they had a remaining 11 samples which yielded nothing. That would mean that each sample weighs approx. 44 pounds, x 13 total samples = 572 pounds total sampling weight or in round figures 1/4 of a ton. That means that if this formula holds true, every ton will contain 8 low quality micro diamonds. Hardly mineable. IP: Logged |
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highwaychild Member |
posted June 16, 2004 23:05
Could mean an O/S coming to a theater near you. IP: Logged |
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hammer1home Member |
posted June 16, 2004 23:06
quote: thank you for your help IP: Logged |
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winmaccer Member |
posted June 16, 2004 23:07
quote: HHHAAAAAAAAAAAAA IP: Logged |
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Upside Member |
posted June 16, 2004 23:08
originally posted by hammer1home: quote: Hammer, IP: Logged |
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WWJD-thru-me Member |
posted June 16, 2004 23:11
I can see why people lose money when they don't recognize something new is happening. Did CMKX ever have this caliber of law firm looking out for their interests? Did they ever find diamonds on their claims? Do you think it is in the realm of possibility that the Naked shorting has hurt this company and its credibility? I think adapting to what is makes for good investing. This may have been a stinky investment when you bought in. I think it is something better now. -As far as being willing to lose an investment goes. Anyone who invests in any stock better be ready to kiss it goodbye. Even nice safe stocks like Enron and WorldCom. Hope you do well with this if you have any. IMO-DD-Debi IP: Logged |
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highwaychild Member |
posted June 16, 2004 23:14
not talkin' about the past I'm talkin' about the future. IP: Logged |
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StonedPigeon Member |
posted June 16, 2004 23:15
Well that was a right fine pr.  I had almost forgot they had a law firm! IP: Logged |
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hammer1home Member |
posted June 16, 2004 23:15
quote: thank you it was on stockwatch at bottom of our pr today . IP: Logged |
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winmaccer Member |
posted June 16, 2004 23:16
New Rumour that CMKX is soliciting to get involved in a Wal-Mart play in Prince Albert SASK, ????? IP: Logged |
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ayguy02 Member |
posted June 16, 2004 23:17
I think this is a great pr and this is why: CMKX: "significant efforts immediately" Roger Glenn. You don't put your reputation and the reputation of your firm on the line in a public release unless you are certain you have a winnable case. This is a "partner" talking and if HIS "significant efforts" are less than significant or effective, they could impact his income and that of his associates. That is the impact and power behind the PR and if you guys don't get it you never will. This game isn't only about charts and watching MM movements, It's all about human behavior. Live a little, find out what motivates others and you will have a good idea which direction ANY stock is going. IP: Logged |
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will Member |
posted June 16, 2004 23:19
Hold on now. I am not talking about selling, I am asking WHY do you feel the need for them to delibrately ambiguous? I haven't loss a dime on this stock. I haven't held it through 99 name changes and reverse splits, my original buy was March 29, 2004. I just don't understand, for a company that wants to be legitamate, then why not be forthright and forthcoming.
quote: IP: Logged |
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Upside Member |
posted June 16, 2004 23:20
Hammer, I've never seen it worded that way but I believe it's nothing more than a short version of the standard forward looking statement disclaimer that you'll find on the bottom of most any press release. IP: Logged |
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ayguy02 Member |
posted June 16, 2004 23:22
oh, and another thought... I just read and re-read it again. I think it is great simply because it lets everyone know that Edwards and Angell and CMKX are going to immediately and aggressively tackle and handle any and all problems relating to securities and corporate issues. CMKX wants to be in control. This is a fantastic thing. A high powered attorney with a proven track record in this field is just the ticket to attain that goal. This is only good for shareholders. People have said this PR is vague. It's not that vague, it is just short and not about anything "juicy". The news that they are actively working to iron out these very important issues is excellent. This Pr shows us that this Company is dedicated to doing the right thing. This is all good. I'm thrilled to know what is going on...that they are working on things and hopefully soon exactly what they are doing will be complete. That is when we will get more specifics like OS etc. which would potentially help drive the price up. IP: Logged |
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ayguy02 Member |
posted June 16, 2004 23:25
and this is the words of a friend of mine.... If you are one of those that think tonights PR is fluff and has no substantial meaning, you are completely wrong. Tonights PR was not directed at the shareholder. It was directed at those who have shorted CMKX. At first, I was not so sure if there was any shorting at all. I definitely did not agree with the trillion short theory; however, I do now believe that there is a serious shorting of CMKX. I believe that this particular law firm was retained for the purpose of dealing with the short. Lets face it people, it does not take a law firm of this caliber to move to the OTC BB or even the AMEX. This law was hired for the purpose of litigation against the MMs. I believe that a petition will be filed in the near future and those responsible will be sued for their illegal practices. I believe legal recourse will be taken against the MMs and that is the purpose of retaining such a prestigious law firm. IP: Logged |
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