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![]() CMKX II new Thread. Get it while you CAN ! (Page 1)
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| Author | Topic: CMKX II new Thread. Get it while you CAN ! |
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Earth_Shaker Member |
Last thread is about to be out of room. So lets start a fresh one for the NEW GROUND that we cover. Diamonds ARE FOREVER !!!!!! CMKX ROCKS !!!! IP: Logged |
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darrenbaker Member |
15 mill going long! IP: Logged |
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Earth_Shaker Member |
CMKM Diamonds, Inc. Announces It Has Retained D. Roger Glenn, Partner at Edwards & Angell, LLP as Securities Counsel - BusinessWire LAS VEGAS, Jun 4, 2004 (BUSINESS WIRE) -- CMKM Diamonds, Inc., (Pink Sheets:CMKX) president and chairman of the Board of Directors, Urban Casavant, announces that the Law Firm of Edwards & Angell has been retained to represent the Company in its desire to become fully reporting once again. Lead counsel for CMKM Diamonds, Inc., D. Roger Glenn, is a partner at the firm and has over 20 years of extensive experience in working with public companies. Mr. Glenn's professional bio can be reviewed at the law firm's website, http://www.edwardsangell.com/script.php?print=yes&page=attorneys& AttorneyID=39. (Due to the length of this URL, it may be necessary to copy and paste this hyperlink into your Internet browser's URL address field. You may also need to remove an extra space in the URL if one exists.) Urban Casavant stated in Las Vegas today that, "hiring Edwards & Angell, LLP, and specifically Mr. Glenn, is the best thing that we could have done for the company and the shareholders. The fact that Mr. Glenn began his illustrious career with the Securities and Exchange Commission is a further feather in the company's hat. We would like to thank all of our shareholders for their patience as we have moved towards this moment and as we move forward from here as a team." Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements, other than the statements of historical facts, may be deemed to contain forward-looking statements with respect to events, the occurrence of which involves risks and uncertainties, including, without limitation, demand and competition for the Company's products and services, the availability to the Company of adequate financing to support its anticipated activities, the ability of the Company to generate cash flow from operations and the ability of the Company to manage its operations. Further developments and other information on the company may be viewed at our website, http://www.casavantmining.com. SOURCE: CMKM Diamonds, Inc. IP: Logged |
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Earth_Shaker Member |
Casavant Mining-Kimberlite International 7500 West Lake Mead Boulevard Suite 9627 Las Vegas, NV 07012 P: (702) 683-3722 Website: Cmkmdiamonds.com Investor Contact Information: IP: Logged |
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Earth_Shaker Member |
About Saskatchewan The Province of Saskatchewan is situated in the heart of the Canadian prairies. While Saskatchewan's population is relatively small, it's natural resources are enormous. Saskatchewan is a world leader in potash and uranium mining, with over 30 mines in operation. What's more, the province offers a stable political climate with a very favourable business climate for investment in the mining industry. About the area The James Smith Cree Nation Reserve encompasses 50 square miles of land near the Fort á la Corne Diamond Fields. While the known kimberlite bodies and Fort á la Corne Diamond Fields mineral claims are outside the actual reserve boundries, the Cree Nation has a strong pro-business philosophy and fully supports plans for exploration in the area. WHY DIAMONDS IN SASKATCHEWAN ? - One of the largest known kimberlite clusters in the world. Geologists believe the diamond-bearing kimberlite pipes in Saskatchewan were formed some 100 million years ago. Thick layers of inland sea sediment have protected the kimberlite pipes from erosion, resulting in pipes that remain nearly intact today. Compared to the diamond bearing pipes in South Africa or the Northwest Territories, Fort á la Corne pipes are huge.
Mining A Kimberlite Pipe Source Link Mining of a diamond-bearing pipe starts with the excavation of a pit into the pipe. In this process, called "open-pit" or "open-cast" mining, the initially loose and eventually hard ore material is removed with large hydraulic shovels and ore trucks.The headframe at Frank Smith mine in South Africa stands above the vertical access shaft to underground workings, and controls the cable and cars moving in the shaft. click to zoom in Hard rock is drilled and blasted with explosives so the broken material can be removed. When deep, rich ore warrants it, the mining goes underground with vertical shafts descending to horizontal drifts, or passageways that enter the pipe. The headframe at Frank Smith mine in South Africa stands above the vertical access shaft to underground workings, and controls the cable and cars moving in the shaft. In bedrock adjacent to the pipe, shafts are sunk and drifts are tunneled into the pipe. The highly mechanized and efficient method known as block caving is shown in the adjacent model. Concrete-lined tunnels are excavated under a large vertical section, perhaps 140 to 180 meters (400 to 600 feet) of kimberlite. Along the tunnels are draw points, or openings in the concrete casing where kimberlite is drilled and blasted to cave in a section above the tunnel. Broken kimberlite falls through the draw points and is scraped out of the tunnel with a drag or scraper bucket attached to a cable and winch, working much like a clothes line on a pulley. The kimberlite above the tunnels falls under its own weight and leads to a slow, continuous caving of ground that is removed through the draw points. The scraped kimberlite rubble is loaded into cars on a lower level and moved to a crusher underground. The crushed ore is then conveyed to skips that carry the ore up the vertical shaft for processing.
Diamonds in the raw..in kimberlite.. Diamonds ascend to the Earth's surface in rare molten rock, or magma, that originates at great depths. Carrying diamonds and other samples from Earth's mantle, this magma rises and erupts in small but violent volcanoes. Just beneath such volcanoes is a carrot-shaped "pipe" filled with volcanic rock, mantle fragments, and some embedded diamonds. The rock is called kimberlite after the city of Kimberley, South Africa, where the pipes were first discovered in the 1870s. Another rock that provides diamonds is lamproite. Click here to see a multimedia presentation of how diamonds move to the Earth's surface. You will need to have the Real Player installed to view this movie. If you do not have it, you can download a free version of the Real Player. What you will see in the movie (captions): 100 Million Years Ago Source Link
CTV News: Peter Murphy reports on the hidden gems of Canada's north http://www.ctv.ca/servlet/HTMLTemplate/!ctvVideo/CTVNews/canada_diamonds_040113/20040113/?hub=Canada.... Traders Nation Radio Interview (Audio)Tom Allinder - Guest Host Interviews
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Booty Quest Member |
I'm in, Earth. We could paste in the most relevant DD for the newcomers. Oh, I see that's what you're doing. Good work! [This message has been edited by Booty Quest (edited June 08, 2004).] IP: Logged |
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Earth_Shaker Member |
ok. but merger details are a little confusing. And I already posted the BIG Attorney FIRM> CMKX ROCKS !!!!! IP: Logged |
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Earth_Shaker Member |
Booty Add to the DD please If you WIll ? IP: Logged |
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klempar77 unregistered |
It was very nice trading day I like all the action look's like we build here new base .0007-.0008 tat is 700% base up from .0001-.0002 the resistance look to me is .0010 it might be tested the end of the week even without PR. The charts comfirm significant uptrend (10d EMA CROSS aboce 200d EMA)Do I have to say more? I don't think so some say ve need PR to keep the momentum no wrong the momentum be there even without PR any shake now it's even healty for the stock acumulite daytrade but do not sell all your position. My opinion is the timing is everything here is what I see but just opinion; we gonna close on thorsday .0010 or higher over long weekend CMKX gonna release big PR audmit is done prepering all for listening on OTCBB. Opening monday gup .01 saw this many times with other stock heaping before it might happi. again sory for my spell........out IP: Logged |
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pharmdman Member |
I thought for sure that I'd be able to get more at .0006 today... guess not... I'll just have to try again tomorrow... any predictions on what tomorrow will bring? any retrace in the works?IP: Logged |
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Earth_Shaker Member |
We should have closed at .001 today. Maybe tomorrow we will see the .001s any ENTRY POINT is GOOD NOW Until .01 - .05 the MMs will try to shake us on the way up. DONT BE SKEERED !!! hold Strong and we all be able to buy What we NEed in LIFE. THIS WILL BE THE NEXT QBID and EVEN BETTER. Never LISTEN to VADO. He is always NEGATIVE on ALL stocks. CMKX ROCKS !!! IP: Logged |
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Earth_Shaker Member |
Klemper I LIKE THE WAY YOU THINK. GOOD THOUGHTS. IP: Logged |
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Earth_Shaker Member |
The reasonable facts are enough to believe in CMKX! Most can't or have a hard time believing that something good can actually come their way. I guess like most of us after you get burned enough the tendency is to turn critical and cynical. Let's see if we can put aside the criticism, sarcasm, and look at reasonable amounts with no maybe's or speculations! Just a reasonable breakdown of what we know and we can go from there! Everytime some brings up substantial DD that the value of the company is significantly more than people can imagine they shoot it down and think the individual is a pumper. I know the A/S (Authorized Shares) is 500 billion shares. But we also know that in February the O/S outstanding shares was around 37 Billion. Just because 500 Billion are authorized doesn't mean they have been used. Retiring of Billions of shares has taken place and the PR's attest to it. Even if none has been retired since Feb and the O/S is still 37 billion or even twice that at 74 Billion (which I doubt) the pps is WAY UNDERVALUED! If we just take the Smeaton Property, regardless of the other 1.9 million or 3 million acres we have, the Smeaton property is 22,447 acres I believe. If you use the DeBeers valued property of approx. 50,000 acres at 40-80 billion dollars then we could reasonably assume that Carolyn and Smeaton is worth half of that at 20-40 billion. This alone when compared to the 37 billion O/S in Feb would make the pps worth approx .55 to 1.05. No hype, no asuming the other 1.9 or 3 million acres has anything or any value at all. On Carolyn and the Smeaton property alone we can reasonably expect to have a pps of .55 to 1.05 or if there is 74 Billion O/S we would still be looking at .28 to .52 cents for our pps on Smeaton and Carolyn alone!. And if there were 148 billion O/S we would still be looking at a pps of .14 to .26 on Carolyn and Smeaton alone! And if there were 300 billion O/S our pps would still be at .07 to .13 on Carolyn and Smeaton alone. Or if even a Max A/S for our O/S of 500 billion then our pps is still at .04 to .075 on Carolyn and Smeaton alone. I don't see how anyone can argue with that! Debeers acreage is valued at around 70,000 per acre. Lets take one third of that and say CMKX acreage is only worth 23,000 per acre. When you multiply 23,000 per acre times 1.9 million (low side estimate of acreage) you get 43.7 Billion. With our acreage in Smeaton and Carolyn valued equal with Debeers and our additional acreage valued at only 1/3 of that of Debeers we arrive at a minimum pps of: Low end value compared to DeBeers: High End With the Low end being a pps of 1.72 at 37 Billion O/S then if you double the O/S to 74 Billion the pps would be .86. If you double the O/S again to 148 Billion then the PPs is still at .43 on the low end. If you double the pps again to 300 Billion the pps is till at .215 on the low end. I believe the low side of the tape is more than enough to convince any investor. But lets take a look at the high side of this minimal amount I have presented. With the High end at 2.93 at 37 Billion O/S then if you double it to 74 billion O/S your pps is still 1.465. If you double your O/S again to 148 Billion O/S your pps is still .7325. Then if you double your O/S again to 300 billion O/S your pps is still .36625. People this is not pumping this is taking the low side of everything presentable that we actually can confirm as fact! To think there is 500 Billion outstanding shares would be ludicrous. But for the sake of the nay sayers we'll take it a step further to the max 500 billion O/S. Low side = .1274 pps rounded off to a 13 cent pps If you don't believe then sell. But if you just want to moan and groan because we believe it is going to reach 13 or 22 cents then leave us alone. The FACTS line up. That is 13 and 22 cents if the maximum 500 billion A/S is the actual O/S. Personally with the Feb advertisement by CMKX stating 37 Billion O/S plus Urban's statement that INVESTORS had already given $1.8 million and another $3.2 million was coming when the work was to begin. I would be amazed if the O/S is over 50 billion because the only reason to sell shares is to raise money. But if you have investors kicking in then there is no reason to float any more shares into the market. What does that mean? If we have 50 Billion O/S instead of the 500 Billion max then you can multiply the low and high pps by 10. Meaning that the low end pps would be $1.30 and the high end pps would be $2.20. No hype! No shuck and Jive! Just plain basics. Keep believing CMKX! Your sub penny investments are going to be worth millions. You can take that to the bank! Why? Because what I presented above is the flat base line for our pps. Not only that, I believe we have diamonds and plenty of them. I am not a pumper just a sound reasonable investor trying to make a dollar and help protect my fellow investors from bashers or any one else that has an opinion outside the truth as it is known to be! We don't have a lot of the facts we would like to have, but WHAT WE HAVE IS ENOUGH FOR NOW! Even if you break it down to a 25 percent haul it is still more than enough! This is my opinion and treat the facts and I disagreeertions for such. But I believe the basic premise is FACTUAL and you can do with it what you want! originaly posted by DRDIAMONDs IP: Logged |
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Earth_Shaker Member |
As I said before I say ALWAYS "CMKX ROCKS" Forever Earth_MAN IP: Logged |
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Earth_Shaker Member |
Most of you all know me. I have never pumped or hyped this stock from day one. I predicted that as of last Friday news would come after the bell. It came out only through Sterling and others but none the least it did come out. I have been level headed about this one all the time. Recently I have come into some money from one of my other stocks. I will be buying some more on Tuesday whether it be at .0001 or .0002. I just got off the phone with an old buddy of mine who happens to live out in western Canada. Now do not take this as a fact but he mentioned this stock to me and I started to laugh. I told him I'm already in for 200 million shares for my grandchildren. He then told me something that he heard. After he told me and I got off the phone with him. I told my wife about it after that my wife said something to me you all wont believe. She said buy some for her so she can also leave some money for our kids and granchildren. Here is a person folks that doesnt gamble at all hates bingo lottery draws everything. She has always hated me playing the market. So now you know why I'm buying more. You all know I have out come and basically said that I dont believe in the trillion short. If what I heard is true then all i'm going to say is this and leave it that. We finally have material and funds to build our spaceship. You all know I have said before we have yet to build our rocketship. No more worries our rocket ship will be built for us. Again,as bold as my last statement was this one even boldier. That's why it will be my last until the Pr comes out about the words I heard. Again,hold strong and I'll say this only once until next time DO NOT SELL UNTIL AT LEAST.0011 at the least. Mark my words I have never hyped or pumped this stock ask people on this board. When all these theories came out I was level headed and not in the skies. BUT BOY OH BOY I cant help myself if you only knew what I know nahnah nahnah sorry just had to do that BUY BUY for now the retiredMiner I'll be back when the pr hits about what I talk until then be strong and long Originaly posted by RETIREDMINER. GLTA "CMKX ROCKS" IP: Logged |
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Booty Quest Member |
Willy Wizard CMKX: Great Read Must Read Inside on CMKX---> To My Readers!!! Readers, I am going to start this email in a somewhat different Today the trading pattern was similar to the pattern last week. The Readers I am expecting follow news leading from last Friday's two Let me break down a couple events I am looking for this month to be 1. Everyone is guessing at how many shares are issued/outstanding. This is difficult for many to believe because we know the Authorized Rumors floating around suggest the Market Makers have been naked In addition, can't prove this, rumors say Urban and his close friends 2. Second possible press release could be about assay results from
4. I am also looking for a valuation figure of some sort to be 5. Also remember in the last press release, "Urban Casavant,
Melvin has described what is about to take place as Mt. St. Helens If you take into account Melvin's description of Mt. St. Helens READERS THIS IMO IS GOING TO BE HUGE!!! I AM LOADING UP, BUYING Readers don't miss this one and kick your self for not owning a Thank you all very much, IP: Logged |
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Earth_Shaker Member |
Squeeze of the Century a PennyWrangler theory The following is my own personal theory regarding the nature and purpose of “The Casavant Maneuver”. Both the facts that we have at hand and the “hearsay” that is considered to be plausible fit neatly into the scenario presented below. The scenario itself is also plausible on its own. Assumption: UC wishes to take CMKX private. He is tired of the stupid games with MMs trying to make money by shorting his company into oblivion. He is tired of worrying about hostile takeovers. He is tired of worrying about SEC regulations, reporting requirements, and other impediments to doing business. He wants to build a diamond mining company, period. He doesn’t want all of these annoying distractions keeping him from realizing his dream. As CEO of a private company, UC can focus on his passion rather than the distractions. Assumption: UC cares about his investors because he’s a nice guy. He wants for us to have a positive experience with him and his company. He’s not simply wanting to get rid of us; he wants us to be happy about our investing experience with his company. This is part of his legacy; a step towards making his name immortal. This is also expediant and practical; we will form a pool of wealthy people that will have great fondness for him. Such friends can prove extraordinarily valuable. I believe that UC has set a bear trap to end all bear traps to achieve his goals. Assumption: There are 500B shares in the o/s. This is the worst case possibility; if the o/s is smaller, the numbers only get better. Assumption: UC owns or controls 85% of all shares that are available. Note I did not say 85% of the o/s. Assumption: There are approximately one trillion counterfeit shares in the market due to naked shorting. Setting up the Chess Board This means that the total number of shares available to Urban is 1.5T (1.5 Trillion). He owns or controls 85% of these shares. This means he controls 1.275T shares. Some were given to him by the company, but most he bought on the open market. You can think of his 1.275T shares like this. One trillion of these shares are counterfeit. 275B of them are real. The real ones could have been given to him by his company, or he could have bought them. Probably the company “gave” them to him as a form of compensation. Urban had to purchase the 1T counterfeit shares in the open market. He may have laundered these shares by having others buy them for him. These people could have either transfered ownership of these shares to Urban, or they could be continuing to hold them. These people are tightly bound to Urban and will do what he wants them to do. The laundering was needed to keep the MMs from knowing who was REALLY buying all of the counterfeit shares that they were selling, so that they would not become suspicious. 1T shares at 0.0001 would cost $100M. Urban might have raised this money in any number of ways, including pooling family assets. However, I believe there was another source of funds for this part of the project. En Passant - The Unexpected Move I believe that CMKX has a clandestine operating open pit diamond mine. Reportedly there is considerable glacial overburden associated with the Forte a la Corne kimberlite pipes. Glaciers pushed across the tops of the pipes, “smearing” out kimberlite across the surface of the land as they moved. If that kimberlite were diamondiferous, that would mean that diamonds were available with a relatively low cost surface mining technique. CMKX could have been selling these diamonds to raise the funds necessary to purchase 1T counterfeit shares. More precisely, these funds were used to trick the MMs into creating these shares out of thin air. Urban created demand for shares that the MMs were only too happy to supply. I believe this is the explanation for the huge volume numbers we’ve been seeing for the past few months. Naked shorters have been “dumping” and Urban has been buying. The MMs were hoping to short CMKX into bankrupcy, thereby eliminating their need to cover their short positions. With CMKX bankrupt, they would simply pocket the money they made by selling the counterfeit shares and walk away. They would not even have to pay taxes on this money because the short positions would be open indefinitely! This is their standard modus operandi. IMO, it was Urban’s goal to cause the creation of at least 2X the o/s in counterfeit shares. The greater the multiplier, the greater the leverage he can later apply to the MMs. The Payoff - Creating Powerful Friends Assumption: Urban’s goal is to offer legitimate shareholders a tender offer of at least $1 / share. Once Urban has finished acquiring the necessary number of counterfeit shares, his next move will be to force the MMs to cover their short positions. One powerful way to accomplish his is to offer a dividend. A holder of a short stock position must pay the original stock holder (from whom he borrowed shares to sell short) any dividend offered. This is hard enough when the dividend is cash; it is considerably more painful when the dividend is in the form of stock. And if the stock being paid is the stock of a privately held company, then it is physically impossible for the short position holder to pay the dividend. He simply must cover. In the case of naked short positions, the shareholder being borrowed from does not exist. However, the short seller has created shares that were not issued by the company that were sold to a shareholder who expects to be paid his dividend. The naked shorter must pay this dividend, because the company will not. Therefore a dividend will squeeze both naked and legitimate short positions. I believe Urban will announce a dividend for CIM as we have heard before. This will start the naked short covering panic. The pps will begin to rise, and it will rise quickly. Toppling the King - Checkmate Now comes the move that topples the Market Maker’s king and effectively ends the game. The Market Makers are sweating bullets as the pps runs higher and higher. When the pps hits 0.60, Urban begins selling his 1T counterfeit shares. MMs buy these gladly. UC continues selling, which pushes the pps down. Once the pps hits 0.50, Urban stops selling. When it has run back up to 0.60 again, he starts selling again. And so on until all 1T counterfeit shares are sold. This is how Urban knows EXACTLY what the pps will be during this time window. He will be in control of the price. Note that this is not price manipulation. There is no collusion taking place here. This is simply a shareholder making a personal choice of when to sell and when not to sell. This just happens to control the price range for a time as a side effect because he is selling such a large number of shares. Once Urban has completed his sale of all 1T counterfeir shares for an average price of 0.55 / share, Urban will have $550B. Game over. The Aftermath - Tears and Triumph The MMs have deep wounds and they go off to lick them and sulk. They must ultimately accept that Urban let them off light. He gave them the shares they needed at a relative discount, thereby sparing their financial lives. Urban could have held out for a lot more and blown them away. Instead, he gave them enough of a beating to show them how much he appreciates their efforts to destroy his company. The MMs are not going to ever be Urbans friends, but they respect him now. Urban does not need to be buddies with the MMs. Once his company is private, MMs are no longer part of the equation. He can afford to hurt them. But there is no point in pushing the pps to $10 either and ruining these guys entirely. If he did that, they would be back later to play hard ball. These people are affiliated with global organized crime syndicates that are, in many ways, more powerful than any government on Earth today. It is unwise to push them too far. They will likely forgive an honorable beating as retribution for them trying to kill Urban’s company. Honor among theives. Next, Urban will present a “tender offer” to the holders of legitimate shares in the company. The offer is for $1 / share for the entire o/s. Urban owns or controls 275B shares, so he will pay himself $275B, quite a tidy sum. We hold the remaining 225B shares; we get the rest. This leaves CMKX as a private company that has at least $275B + $50B, or something in the neighborhood of $300B dollars. This is more than enough to fully develop the properties to which CMKX has the mineral rights. Now Casavant Mining can focus on becoming a world diamond power to challenge De Beers at their own level. Urban has achieved his dream and made his loyal investors rich. Originaly posted by PENNYRANGLER IP: Logged |
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Earth_Shaker Member |
Good One BOOTY !!! IP: Logged |
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Booty Quest Member |
Greeting$ Fan$! If Melvin got a LARGER SERVER it would be the cheapest way to promote CMKX, huh? Gender: -------------------------------------------------------------------------------- THE MOST IMPORTANT CMKX POST YOU WILL READ TONIGHT. One thing nobody has commented on that will be truly revealing is as follows. I am an attorney. I have worked in large New York law firms. I can tell you that when you reach a certain class and stature of law firm (and that includes most every major law firm in New York) that they will NEVER EVER EVER EVER accept a client in exchange for shares. EVER. Not even a Microsoft or GE. Most will never enter into the ethical conflict it would create, let alone expose the law firm to the liability they might face from such an arrangement. And I can tell you that top notch NY securities firms will charge a FORTUNE for their services. If the caliber of NY firm today's PR hinted at is truly a respected NY law firm, then something huge is likely brewing IMO. The fact that a company without revenues yet and is pink sheeted is finding the money to hire a true NY law firm to ensure proper filing with the SEC and is NOT doing it by offering up shares IMO means something has happened where they need their ducks lined up completely in a row. This will be expensive and somebody obviously wants this done right. In all my years of investing in penny stocks, the only ones I have ever seen actually go anywhere are the ones that hire a Big 5 Accounting firm and a truly national, reputable law firm. In business, they say your two best allies are a d**n good accountant and a d**n good lawyer. Believe it. In my opinion, today's PR was far more substantial than many may ever realize. Most every scam or questionable penny stock will 99% of the time go with a "biased" lawyer who is on the take or likely recommended to them by the slime financiers that are dumping their millions of shares. The fact that they are suddenly stepping up to the plate and bringing in a top tier NY securities law firm (assuming this proves to be true) means that something very serious is on the table that requires this level of precision and integrity. This is all just my opinion but I feel pretty strongly about it. 15 million shares and willing to buy more next week if it remains in the 3-4 cent range. I will return to give my commentary on their law firm selection once it is announced. Good luck to everyone. I once owned a penny stock at 60 cents. I sold it at 20 cents after feeling burned. It went to 25 dollars. I had 100k shares. People do and can get very, very, very powerfully wealthy off of one great pick. If CMKX has the goods to back everything, this might indeed be a once in a lifetime opportunity. If the law firm they use is truly a top-tier NY firm, this will be an awfully large hint as to the bigness of the company's news and plans in my opinion. Talk to everyone later. http://www.investorshub.com/boards/read_msg.asp?message_id=3254128 CMKM Diamonds Inc. Announces It is Retaining a Large New York Law Firm to Represent Its Interests
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Earth_Shaker Member |
I may have missed the QBID RUN but I SURE WONT miss this RIDE. We are going to PASS UP QBID and WAVE to the QUEER TV people and SMile ALL THE WAY to THE BANK !!! CMKX ROCKS !!!! IP: Logged |
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Booty Quest 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 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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Booty Quest Member |
Okay, I'm outta here. GLTA! IP: Logged |
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Earth_Shaker Member |
Booty GOOD WORK> Nice DD. IP: Logged |
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Booty Quest Member |
quote: Thanks, yo, you too. IP: Logged |
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Earth_Shaker Member |
In Case I Forgot to mention : CMKX ROCK !!!! IP: Logged |
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klempar77 unregistered |
quote:
Me? I don't it's nice to dream but reality to me the highest point is .20-.30 and that would a bomb for me Imagine exampl. 1mil sell .20 200k for 100bucs if have them at .0001 but lat's face it not many of us gonna keep 1mil to the top couse it wil not happ. over night and during this jurney will be lot's of test for us shakes,bashing,MM's games and others nothing is coming easy on market and OTCBB,PINKS thouse are the tough. apples. Anyway I don't like the theory what I read here the other day F/S for 1000sch CMKX IP: Logged |
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Earth_Shaker Member |
No Matter which way this Goes WE KNOW it WILL CLIMB higher. Thats FOr SURE !!! SO LETS PROFIT FROM IT and BE as POS AS POSSIBLE CMKX ROCKS !!!! IP: Logged |
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TradingWizard Member |
You realize that Allstocks are changing server between 7 and up pm eastern time. So any information you post around these times (i.e. now) may be lost! Wait until later. lol ------------------ IP: Logged |
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Earth_Shaker Member |
Its ALL GOOD. CMKX still ROCKS though. AGREED ? IP: Logged |
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Earth_Shaker Member |
Keep this one alive. The other one will be BUMPED when the NEW SERVER is UP. IP: Logged |
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Earth_Shaker Member |
GREAT DD for this NEW THREAD : bullNbear CMKX DD PAGE 6-04-04 UpDate CMKM DIAMONDS INC. (CMKX.PK) Is a new mining and URBAN CASAVANT (Founder and Chairman of the Board) A With local knowledge and months of research of geological Exploration is being aggressively pursued within the Fort CMKM Diamonds, Inc.,recently initiated a drill program, CMKM management believes, "the company’s future is bright WHY DIAMONDS IN SASKATCHEWAN ? - One of the largest known kimberlite clusters in the ((Diamond Claims Fort a la Corne area)) Prince Albert Area Diamond Exploration Properties May 2004 http://www.explorationgis.com/pa_falc_claims.html ((Gold Claims La Ronge Gold Belt)) La Ronge Gold Belt - mineral exploration claims. http://www.explorationgis.com/LR_goldbelt.html ((Casavant Mining Zinc Claims Overview)) Include the original George Lake zinc deposit (also known Company Website http://www.casavantmining.com/ Company Video Archive http://www.casavantmining.com/video_archive.html Company Picture Archive http://www.casavantmining.com/picture_archive.html Previous Pics of ARIAL SURVEY EQUIPMENT http://www.casavantmining.com/images/airplane/cockpit1_160.jpg http://www.casavantmining.com/images/airplane/cockpit2_160.jpg http://www.casavantmining.com/images/airplane/equipment1_160.jpg http://www.casavantmining.com/images/airplane/plane2_160.jpg http://www.casavantmining.com/images/airplane/plane_160.jpg (((SEC FILINGS))) CMKM is a non-reporting company per Form 15-12G filed with CMKX trades on the Pink Sheets and is one of the most
URBAN CASAVANT (Founder and Chairman of the Board) (((CONTACT INFORMATION))) Melvin O'Neil http://www.casavantmining.com/images/Melvin2.jpg (((Latest from Melvin via COMPANY MESSAGE BOARD))) (Log on and get the answers to some of your questions) http://cmkmdiamonds.proboards27.com/index.cgi?board=questions Melvin on IBC Radio May 26th 2004 Melvin on IBC Radio Jun 01 2004 ((Nevada Secretary of State Corporate Information)) Name: CMKM DIAMONDS INC. Resident Agent: LAW OFFICES OF THOMAS C. COOK, LTD. President: URBAN CASAVANT Secretary: COREY KLASSEN Treasurer: COREY KLASSEN Transfer Agent (((((Latest Press Release))))) CMKM Diamonds Inc. Announces It is Retaining a Large New LAS VEGAS--(BUSINESS WIRE)--June 4, 2004--CMKM Diamonds Casavant and the board of directors stated that, "We are To view further company updates, you can go to our Web ((Previous Company News and Press Releases)) CMKM Diamonds, Inc. Announces the Cancellation of the MRDR CMKM Diamonds, Inc. Announces Update on Carolyn Pipe and Intersection of Kimberlitic Rock Announced by U.S. Canadian Minerals, Inc. U.S. Canadian Minerals Inc. Announces Intersection of Kimberlitic Rock CMKM Diamonds Inc. Announces 'Carolyn Pipe' at 900+ Feet and Still in Kimberlite CMKM Diamonds Inc. Announces 'Carolyn Pipe' Update CMKM Diamonds Inc. Announces 'Carolyn Pipe' Update U.S. Canadian Minerals Announces Option U.S. Canadian Minerals Announces Option CMKM Diamonds, Inc. Announces Kimberlite Ore Discovery CMKM Diamonds Inc. Announces Drilling Video Footage Now Available on the Company Web Site http://casavantmining.com/Video/CMKX%20DRILLING.swf CMKM Diamonds, Inc. Announces Joint Venture Option Agreement With United Carina Resources Corp. and ((( News Links ))) I don't know why people can't seem to find this press ((OTHER CORPORATE FILINGS OF INTEREST)) CASAVANT INTERNATIONAL MINING CORPORATION CMKM DIAMONDS INC. CASAVANT GOLF COMPANY BUSINESS WORKS INC. SILVER FOX CAPITAL INC. STONEHENGE INC INTERNATIONAL SUCCESS BUILDERS INC EYECANDY ENTERTAINMENT INC. CASAVANT RACING CORPORATION Click link for full filing details http://ragingbull.lycos.com/mboard/boards.cgi?board=CMKX&read=196870 XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX *March 31, 2004 Nipawin Journal Exploration could take major step ahead in May Joint Las Vegas-based CMKM Diamonds Inc. (OTC:CMKX) has drilled
*Dow Jones UPDATE:IN THE MONEY:CMKM Diamonds Not A Girl's *Diamond exploration taking off BY JORDIE DWYER journal Staff http://www.nipawinjournal.com/story.php?id=94184 *Dow Jones Business News *Knight Trading Group, Inc. (March 12, 2004) (Nasdaq: NITE) *Interview with CMKM president Urban Casavant Prince Albert *BARRY GLASS/Daily Herald *Interview with Dr. Mark Hutchison, Consulting XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX Casavant Mining Kimberlite International enters into U.S. Canadian Minerals Inc. & CMKM Diamonds Inc. Announces Joint Venture U.S. Canadian Minerals Inc. Appoints Dr. Hutchison to Head Link for all the news on UCAD http://finance.yahoo.com/q/h?s=UCAD.OB&t=2004-03-30T15:34:00-05:00 Shane Resources (VSE-SEI) http://www.shaneresources.com/ http://www.shaneresources.com/news/news.2003.09.19.htm 2003-10-21 12:28 ET - Street Wire by Will Purcell Rick Walker'stroika of Saskatchewan diamond hunters, Shane Casavant's three new partners have been past participants LAS VEGAS, Feb 26, 2004 (BUSINESS WIRE) -- CMKM Diamonds Goldak Airborne Surveys http://www.goldak-exploration.com/ (((CMKX PICK AND PROFILE SITES))) TinyStock.com 06-03-04 YaZZi Profile 06-03-04 http://yazzi.com/cmkx/ 5-31-04 S T O C K P R O W L E R Watch Box ***********.com Profile 5-24-04 BIGGEST SHORT SQUEEZE IN THE HISTORY OF THE STOCK MARKET http://www.ragingbull.lycos.com/mboard/boards.cgi?board=CMKX&read=238664 By: ***********Club 5-24-04 ATTENTION My Yahoo Club Email to Club Members http://ragingbull.lycos.com/mboard/boards.cgi?board=CMKX&read=245298 By: *********** Club 5-29-04 CMKX Major Major Alert !!!! Goldmarkets http://goldmarkets.homestead.com/diamond_mining_exploration_co.html Small Cap Investors http://ragingbull.lycos.com/mboard/boards.cgi?board=CMKX&read=104555+ pennyflip aka okanagan on RB DD page http://www.pennyflip.50megs.com/ PennyPros.com alert: SHARE BUYBACK http://knobias.com/individual/public/news.htm?eid=3.1.ae00bd440d1d06aa148dce116fbf85dfa270244840900e3be3b0d0dca12c3a15 Top 5 Picks for 2004 http://www.pennypros.com/picks.html STOCK REGENT http://www.***********.com/ 5-9-04 ((OTHER GREAT DD SITES)) Started By: Mariner_007 Assistants: ddfridd_007, SUBBlime http://www.investorshub.com/boards/board.asp?board_id=1561 Sterling's Classroom Member Forum http://www.sterlingsclass.com/index.html (((LINKS OF INTEREST)) ((( INTERESTING ARTICLES AND VIDEOS LINKS ))) TIME CANADA "DIAMOND DAYS" April 5 2004 John-Paul Zonnevele Old Gem, New Technology (Video - Daily Planet) The Great Diamond Rush in Canada's Arctic http://www.gi.alaska.edu/ScienceForum/ASF15/1576.html Friday, February 14, 2003, 10:00 pm EST, on the Discovery Illegal mining in Brazil?s wilderness is creating a lot of The 'Diamond' that is Not Forever DIAMOND MINE, Animation Learn about the four Cs used to evaluate the quality of diamonds http://www.pbs.org/cgi-registry/mediaplayer/videoplayer.cgi?speed=lo&playertype=realmedia&media=%2Fwnet%2Fnature%2Fdiamonds%2Fdiamonds_lo.rm%2C%2Fwnet%2Fnature%2Fdiamonds%2Fdiamond s_hi.rm&title=Learn%20about%20the%20four%20Cs%20used%20to%20evaluate%20the%20quality%20of%20diamonds.&playertemplate=%2Fwnet%2Fnature%2Fmedia_player%2Fyellow.html&setprefs=true (((Other Mining companies of Interest))) DE BEERS "A Diamond Is Forever" http://www.debeerscanada.com/index.html Kensington Resources Ltd http://www.globeinvestor.com/servlet/WireFeedRedirect?cf=GlobeInvestor/config&vg=BigAdVariableGenerator&date=20021025&archive=gam&slug=RO11DIAMO Shore Gold Inc. http://www.canada.com/saskatoon/starphoenix/info/business/story.html?id=9E60AE73-8E22-4CBA-84C2-3A7FA09E3F91 Diamonds in the rough $$$**MERGERS, ACQUISITIONS AND EXCHANGES***$$$ Jan 28, 2004 Sep 12, 2003 Mar 4, 2004 Mar 7, 2004 Mar 14, 2004 Mar 16, 2004 March 25, 2004 ((Interesting links created by Shareholders)) Drill Long and Hard http://us.f1.yahoofs.com/msgr/joseph_cbg/.tmp/TSHIRT%2bGRAPHIC.bmp?msT_kfABxSzcX86p CMKX T-SHIRTS http://minorkey.net/cmkx_2.jpg XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX NASD Tightens Short Selling/Delivery Rule Affirmative Determination Requirements) Extended to Online petition against naked shorting http://www.investigatethesec.com/ BAD DAY FOR STOCK SCAMS http://www.stockpatrol.com/regulator/articles/badday.html Sub-Penny Pricing http://www.sec.gov/news/press/2004-22.htm XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX Lucy in the Sky with Diamonds http://wsp3.wspice.com/~dpannell/beatles/lucy.htm Don't Worry Be Happy (Click link below to view video) http://www.klub-odgik.org.pl/bajerne/be_happy.swf Diamonds Are A Girls Best Friend My Research Page will be undated frequently, so keep bullNbear :-) May God Bless http://www.theinterviewwithgod.com/windowmovie.html IP: Logged |
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Earth_Shaker Member |
I guess this thread Can only succees if the other Posters Come over. IP: Logged |
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Booty Quest Member |
quote: Red rover, red rover... IP: Logged |
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Earth_Shaker Member |
.ooo1 is HISTORY !!! other thread is OUT OF DATE. IP: Logged |
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pharmdman Member |
quote: well.. it is 8pm Eastern.. AND there is the possibility of data loss with the server conversion... people may just be avoiding the thread tonight... IP: Logged |
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Earth_Shaker Member |
I am 5 million shares STRONG. And I will be BUYING more AS this thing CREEPS UP !!! even MORE. CMKX ROCKS !!!! IP: Logged |
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cool1sh Member |
Earth, You can add this link (previous cmkx thread), to your post at the top of this page. http://www.allstocks.com/stockmessageboard/ubb/Forum8/HTML/006099.html IP: Logged |
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Earth_Shaker Member |
You Just DID. Thanks. And good luck to you. CHEERS !!! CMKX ROCKS !!!! IP: Logged |
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fjean Member |
CMKX IS ALMOST OUT OF THE COLD, DEAD WATER. NON BELIEVERS ARE TURNING INTO BELIEVERS. THEY ALL WILL BE BAPTISE IN CMKX. MY 59 MILLION SHARES WILL SOMEDAY BE NOT CALLED 59 MILLION LOTTO TICKETS. THAT DAY SHALL COME. IT WILL COME WHEN THE NEXT PR COME ON THURSDAY. REMEMBER FOLKS, IF YOU CALL IT, THEY WILL COME. IF YOU BUY IT, DREAMS WILL COME TRUE. IF YOU SELL IT, YOU WILL CRY LATER. IF YOU BASH IT, YOU WILL BE BEATEN. CMKX IS THE SH#$%^T IN MY SUB-PENNY PORTFOLIO. THE CMKX BOARD KNOWS THE TIME TO LEAVE SUB-PENNY LAND IS NOW. IF YOU WERE BAPTISE IN CMKX, YOU SHALL BE ON THE TRAIN. __________________________________________ ------------------ IP: Logged |
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TradingWizard Member |
fjean you trader get back to the original thread, we like you there (just kidding! and having fun, all because it is going to be a good day tomorrow!) Ooops, my post will bump this thread up. :-)) ------------------ IP: Logged |
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pharmdman Member |
mine will bump it too.. and the more we bump, the faster we'll get to page 2 and not have to scroll to the right! ![]() IP: Logged |
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Meshoe45 Member |
quote: fjean just out of curiousity - what is your average buy price? IP: Logged |
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STAR GAZER Member |
On the main CMKX post I mentioned that there are two phases that a diamond mining company goes through, 1st is the exploration or speculative phase and 2nd is the production phase and how the stock reacts in these phases. I also included some info on how diamonds are formed and then where our stock is in relation to the two phases. Here is a repost. The annual demand for diamonds as been rising 7% a year, production has been rising 6%/year Existing world mines, mostly South Africa, Australia and Russia are reaching the end of their life. Brazil has and is exploring for diamonds but Canada is now emerging as the main diamond hunting ground. DeBeers and the Russian State Depository have been having to dip into their stockpiles of diamonds, but now only have a 5 month supply left. And then there are the blood diamonds: where rebels in overseas countries have taken over diamond mines by killing the people in the area and also, even where rebels are not involved, the governments use child labor. In Canada diamond companies such as CMKX are going to laser inscribe tiny images of polar bears and maple leafs to indicate that the diamonds are not blood diamonds and these will sell at a premium to other diamonds. Diaamonds crystallize and form under tremendous pressure and temperature at depths between 120 and 160 miles. When they rise to the surface as magma erupting as volcanoes they form a carrot shaped pipe. These were first discovered near the city of Kimberley South Africa on 1870, and ever since have been called kimberlites. In other areas of the world, the kimberlites have been broken up by glacer activity or geologic activity. The kimberlites in our area were not affected by either activity. Volcanic activity tends to form volcanoes in clusters and the same thing has happened with kimberlites and in our area this is especially true. Go CMKX. The life of a diamond mine can last for decades, especially the larger ones and Canada now has four of the largest six kimberlites in the world. There are two stages in investing in diamond companies. The first phase is the exploration phase, where you locate kimberlites by finding indicator minerals such as garnets with high chrome content (done that), then do an electromagnetic air survey for kimberlite signatures (done that) and finally do a preliminary drill sample (that's what we are doing now) Usually this will only give an indication of diamonds, some microdiamonds, maybe even a macrodiamond Next, if this is favorable you mine a sample that thousands of tons of material and then to an extensive test of it. This is done, because, as I stated earlier, in othe parts of the world the kimberlites are broken into fragments and so an initial drill result can not indicate if the mine is of commercial quality. However, in our part of Canada, the kimberlites have not been fragmented and so we may only need the initial drill result to show if the kimberlite is of commercial quality. Go CMKX. If it does prove to be commercially viable, the the price of the stock shoots up, if not, well then nada. This is also called the speculative phase. the second phase is the production phase. It takes a while to start producing diamonds, to build the infrastructe etc, and that is expensive. When you finally start producing diamonds, and if they are gem quality and have a reasonable amount of macro diamonds and if the life of the mine is going to be in the decades, then the price of the stock will have a second explosive price rise and then a steady price rise as it becomes recognized as a major diamond life. We appear to finally be at the explosive stage of the first phase, and then, in the furture there is the second phase to look forward to. Go CMKX. Let the good times roll. It took a lot of guts for all of us to invest our hard earned money in the speculative first phase, but then it took guts for the first person who said, "See that chicken there, I'm gonna eat the next thing that comes out of its b*tt." With that, I'd better say good night. It should be an interesting time next week. IP: Logged |
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Damian Member |
Gender: --------------------------------------------------------------------------------
The reasonable facts are enough to believe in CMKX! Everytime some brings up substantial DD that the value of the company is significantly more than people can imagine they shoot it down and think the individual is a pumper. I know the A/S (Authorized Shares) is 500 billion shares. But we also know that in February the O/S outstanding shares was around 37 Billion. Just because 500 Billion are authorized doesn't mean they have been used. Retiring of Billions of shares has taken place and the PR's attest to it. Even if none has been retired since Feb and the O/S is still 37 billion or even twice that at 74 Billion (which I doubt) the pps is WAY UNDERVALUED! If we just take the Smeaton Property, regardless of the other 1.9 million or 3 million acres we have, the Smeaton property is 22,447 acres I believe. If you use the DeBeers valued property of approx. 58,000 acres at 40-80 billion dollars then we could reasonably assume that Carolyn and Smeaton is worth half of that at 20-40 billion. This alone when compared to the 37 billion O/S in Feb would make the pps worth approx .55 to 1.05. No hype, no asuming the other 1.9 or 3 million acres has anything or any value at all. On Carolyn and the Smeaton property alone we can reasonably expect to have a pps of .55 to 1.05 or if there is 74 Billion O/S we would still be looking at .28 to .52 cents for our pps on Smeaton and Carolyn alone!. And if there were 148 billion O/S we would still be looking at a pps of .14 to .26 on Carolyn and Smeaton alone! And if there were 300 billion O/S our pps would still be at .07 to .13 on Carolyn and Smeaton alone. Or if even a Max A/S for our O/S of 500 billion then our pps is still at .04 to .075 on Carolyn and Smeaton alone. I don't see how anyone can argue with that! Debeers acreage is valued at around 700,000 per acre. Lets take one third of that and say CMKX acreage is only worth 230,000 per acre. When you multiply 23,000 per acre times 1.9 million (low side estimate of acreage) you get 437 Billion. With our acreage in Smeaton and Carolyn valued equal with Debeers and our additional acreage valued at only 1/3 of that of Debeers we arrive at a minimum pps of: Low end value compared to DeBeers: High End With the Low end being a pps of 12.35 at 37 Billion O/S then if you double the O/S to 74 Billion the pps would be 6.18. If you double the O/S again to 148 Billion then the PPs is still at 3.09 on the low end. If you double the pps again to 300 Billion the pps is till at 1.55 on the low end. I believe the low side of the tape is more than enough to convince any investor. But lets take a look at the high side of this minimal amount I have presented. With the High end at 24.70 at 37 Billion O/S then if you double it to 74 billion O/S your pps is still 12.35. If you double your O/S again to 148 Billion O/S your pps is still 6.18. Then if you double your O/S again to 300 billion O/S your pps is still 3.09. People this is not pumping this is taking the low side of everything presentable that we actually can confirm as fact! To think there is 500 Billion outstanding shares would be ludicrous. But for the sake of the nay sayers we'll take it a step further to the max 500 billion O/S. Low side = .914 pps rounded off to a .91 cent pps If you don't believe then sell. But if you just want to moan and groan because we believe it is going to reach .91 or 1.83 cents then leave us alone. The FACTS line up. That is .91 low side and 1.83 high side if the maximum 500 billion A/S is the actual O/S. Personally with the Feb advertisement by CMKX stating 37 Billion O/S plus Urban's statement that INVESTORS had already given $1.8 million and another $3.2 million was coming when the work was to begin. I would be amazed if the O/S is over 50 billion because the only reason to sell shares is to raise money. But if you have investors kicking in then there is no reason to float any more shares into the market. What does that mean? If we have 50 Billion O/S instead of the 500 Billion max then you can multiply the low and high pps by 10. Meaning that the low end pps would be $9.14 and the high end pps would be $18.28. No hype! No shuck and Jive! Just plain basics. Keep believing CMKX! Your sub penny investments are going to be worth millions. You can take that to the bank! Why? Because what I presented above is the flat base line for our pps. Not only that, I believe we have diamonds and plenty of them. I am not a pumper just a sound reasonable investor trying to make a dollar and help protect my fellow investors from bashers or any one else that has an opinion outside the truth as it is known to be! We don't have a lot of the facts we would like to have, but WHAT WE HAVE IS ENOUGH FOR NOW! Even if you break it down to a 25 percent haul it is still more than enough! Understanding that we may only pull 25% of this here are the calculations updated! This is my opinion and I ask that you treat it as such! But as for the facts, they speak for themselves! I believe the basic premise is FACTUAL and you can do with it what you want! Dr.D IP: Logged |
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Damian Member |
read this guys..... I am long and strong..... quote: Gender: --------------------------------------------------------------------------------
The reasonable facts are enough to believe in CMKX! Everytime some brings up substantial DD that the value of the company is significantly more than people can imagine they shoot it down and think the individual is a pumper. I know the A/S (Authorized Shares) is 500 billion shares. But we also know that in February the O/S outstanding shares was around 37 Billion. Just because 500 Billion are authorized doesn't mean they have been used. Retiring of Billions of shares has taken place and the PR's attest to it. Even if none has been retired since Feb and the O/S is still 37 billion or even twice that at 74 Billion (which I doubt) the pps is WAY UNDERVALUED! If we just take the Smeaton Property, regardless of the other 1.9 million or 3 million acres we have, the Smeaton property is 22,447 acres I believe. If you use the DeBeers valued property of approx. 58,000 acres at 40-80 billion dollars then we could reasonably assume that Carolyn and Smeaton is worth half of that at 20-40 billion. This alone when compared to the 37 billion O/S in Feb would make the pps worth approx .55 to 1.05. No hype, no asuming the other 1.9 or 3 million acres has anything or any value at all. On Carolyn and the Smeaton property alone we can reasonably expect to have a pps of .55 to 1.05 or if there is 74 Billion O/S we would still be looking at .28 to .52 cents for our pps on Smeaton and Carolyn alone!. And if there were 148 billion O/S we would still be looking at a pps of .14 to .26 on Carolyn and Smeaton alone! And if there were 300 billion O/S our pps would still be at .07 to .13 on Carolyn and Smeaton alone. Or if even a Max A/S for our O/S of 500 billion then our pps is still at .04 to .075 on Carolyn and Smeaton alone. I don't see how anyone can argue with that! Debeers acreage is valued at around 700,000 per acre. Lets take one third of that and say CMKX acreage is only worth 230,000 per acre. When you multiply 23,000 per acre times 1.9 million (low side estimate of acreage) you get 437 Billion. With our acreage in Smeaton and Carolyn valued equal with Debeers and our additional acreage valued at only 1/3 of that of Debeers we arrive at a minimum pps of: Low end value compared to DeBeers: High End With the Low end being a pps of 12.35 at 37 Billion O/S then if you double the O/S to 74 Billion the pps would be 6.18. If you double the O/S again to 148 Billion then the PPs is still at 3.09 on the low end. If you double the pps again to 300 Billion the pps is till at 1.55 on the low end. I believe the low side of the tape is more than enough to convince any investor. But lets take a look at the high side of this minimal amount I have presented. With the High end at 24.70 at 37 Billion O/S then if you double it to 74 billion O/S your pps is still 12.35. If you double your O/S again to 148 Billion O/S your pps is still 6.18. Then if you double your O/S again to 300 billion O/S your pps is still 3.09. People this is not pumping this is taking the low side of everything presentable that we actually can confirm as fact! To think there is 500 Billion outstanding shares would be ludicrous. But for the sake of the nay sayers we'll take it a step further to the max 500 billion O/S. Low side = .914 pps rounded off to a .91 cent pps If you don't believe then sell. But if you just want to moan and groan because we believe it is going to reach .91 or 1.83 cents then leave us alone. The FACTS line up. That is .91 low side and 1.83 high side if the maximum 500 billion A/S is the actual O/S. Personally with the Feb advertisement by CMKX stating 37 Billion O/S plus Urban's statement that INVESTORS had already given $1.8 million and another $3.2 million was coming when the work was to begin. I would be amazed if the O/S is over 50 billion because the only reason to sell shares is to raise money. But if you have investors kicking in then there is no reason to float any more shares into the market. What does that mean? If we have 50 Billion O/S instead of the 500 Billion max then you can multiply the low and high pps by 10. Meaning that the low end pps would be $9.14 and the high end pps would be $18.28. No hype! No shuck and Jive! Just plain basics. Keep believing CMKX! Your sub penny investments are going to be worth millions. You can take that to the bank! Why? Because what I presented above is the flat base line for our pps. Not only that, I believe we have diamonds and plenty of them. I am not a pumper just a sound reasonable investor trying to make a dollar and help protect my fellow investors from bashers or any one else that has an opinion outside the truth as it is known to be! We don't have a lot of the facts we would like to have, but WHAT WE HAVE IS ENOUGH FOR NOW! Even if you break it down to a 25 percent haul it is still more than enough! Understanding that we may only pull 25% of this here are the calculations updated! This is my opinion and I ask that you treat it as such! But as for the facts, they speak for themselves! I believe the basic premise is FACTUAL and you can do with it what you want! Dr.D IP: Logged |
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Booty Quest Member |
Benedict Arnold – Eat your Heart Out Is Canada is poised to become filthy rich in diamonds? By Steve Keohane, TinyStock.com, 6/3/04 Quite a few Diamond mines around the world are nearing the end of their expected life spans. Worldwide, diamond mine production is steadily falling. Mines in Russia and South Africa have slowed production noticeably since their peak periods. Is it any wonder that the South African Diamond giant De Beers has set up shop in the Snap Lake area of Canada? On 02 June 04, De Beers reported that they received government permission to begin Phase one pre-production development of its mine in Snap Lake - which is their first government authorization to proceed in Canada. Is this wishful thinking on their part, have they made a find? Is De Beers looking to gain a huge foothold in North America in anticipation of finding more diamond fields in Canada’s northwest Ekati/Diavik region and in its more eastern Otish Mountain area? It's no secret that De Beers is also actively pursuing diamonds in the Northwest Territories, Nunavut, Saskatchewan, Ontario, and Quebec. De Beers apparently found something big in Snap Lake, because on 02 June 04 they also reported that they are now preparing for construction of the mine, which is anticipated to begin in 2005. Construction of the mine is estimated to cost $490 million. The mine will produce 3000 tons per day when it reaches full production and is expected to have a life of just over 20 years. During construction, approximately 450 full time positions will be created in the area. Not only that, but De Beers has found something in Northern Ontario as well. De Beers' "Victor Project" in Northern Ontario is undergoing an environmental assessment in preparation for mine development. Example aeromagnetic map showing kimberlite pipes diamonds spit up via volcanoes characteristic carrot- or bowl-shaped pipes open pit mine According to one source, The Fort a la Corne Diamond Project covers over 480 square miles of claims and includes 71 known kimberlite pipes. Thirty-four pipes have been shown to contain macrodiamonds (diamonds bigger than 1 mm). The largest diamonds recovered to date are 0.985 and 0.275 carats. The smaller macrodiamond is clear and white and may be a fragment of a larger stone. The geology of these pipes is unique in the world as they are covered by a thick sedimentary layer deposited by an ancient inland sea. This layer has left the full kimberlite volcanoes intact. Usually, the wide volcanic crater and the top of the kimberlite pipe are eroded away, leaving only the pipe. In this swarm, single bodies over 1/2 mile in diameter have been found, containing an estimated 1 billion tons of kimberlite. If the diamonds are found in quantities of only 0.5 carat/ton of kimberlite, this would amount to a total reserve of 100 tons of diamond! IP: Logged |
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Booty Quest Member |
Earth, see if you can edit down the long hyperlinks to end the left-right scrolling. Also, the page keeps freezing on me as I scroll down. Anyone else? IP: Logged |
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fjean Member |
quote: Average buy price is 0.00017 bought 52 million since 0.0001 .. I bought more because DOJI and I are competing against each other. I want to be a millionaire when this thing hits between $0.01 - 0.002 ------------------ IP: Logged |
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Earth_Shaker Member |
I dont have that left scrolling problem. Hold down the CONTROL KEY and at the same time move the SLIDE RULE on you MOUSE. THAT WILL ADJUST THE FONT SIZE ON YOUR BB. CMKX ROCKS !!!! IP: Logged |
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TeenageTrader Member |
Ok I won't be able to buy CMKX until around June 19-22 (complications and need to switch to choicetrade.com) IF CMKX magically stays down for me so i can buy in, I am going to. But if it goes up and you guys become more and more rich as it does... how high do you feel would be too high to buy in at? I mean if I somehow got up to .05 or so, would that be to high to get in at? Or does CMKX have possibilites to reach $1 + IP: Logged |
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