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Micro Penny Stocks, Penny Stocks Under $0.10 CMKX IV New Thread....GOT IT - HOLDIN' IT (Page 28)
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Author | Topic: CMKX IV New Thread....GOT IT - HOLDIN' IT |
WWJD-thru-me Member |
posted July 27, 2004 20:11
Bill -I think that even a small amount of CMKX shares will be a good investment. I added to my position because as I learned more and more about the company I believed the value here is much greater than .0005, or .0011. I don't know the actual value but my worst case scenario with 500 Billion shares came out to .016 per share. I don't believe the lack of price movement has anything to do with the number of shares. I don't think this stock has been allowed to trade freely. That is my opinion and is based on what I have observed over the last few months together with the PR by the company which seem valid from my perspective. I think that point of view is valid enough that I filed a complaint with the SEC as have many other investors. Some brokerage houses are aware there is a short. Schwab admitted the markets need an integrity injection not more rules. We don't know the share structure yet; so it is hard to know what the final outcome will be. But even someone with 50,000 shares would be happy if this hits .01. That would be $500 and I think their cost would be $50 at .001 and $5 at .0001. That is a great return. I think it should have hit .01 already. I have the number of shares that I have because I am hoping to be able to give away a huge amount of money. I don't need that much money. I live in a house that my church owns. I am married to a Pastor. He used to make big bucks as an Actuary and switched careers to become a Pastor. We have food and cars and clothes so the rest is gravy. I work as a singer and am affiliated with World Vision. During my concerts I talk about the kids who need help. I try to get kids living in desperate poverty sponsored so they can have a better life. I don't think I could do that work and live like a Queen knowing that most of the kids in Africa sleep on a dirt floor and go to bed hungry every night. If they have one living parent they are blessed. AIDS is wiping out the continent. So if I had 2 million shares for myself that would be good. I do think this is what I have said all along and I see it as an opportunity to get more kids sponsored than I could otherwise. So I will be buying as long as it is on sale. It may be greedy but I think it is smart. I don't know if I can call it greed if it is motivated by love. IP: Logged |
highwaychild Member |
posted July 27, 2004 20:12
I'm not in this for a quick buck. I'm in it for long BUCKS.(or something) CMKX acquires more mineral rights.500,000 Did they see something they liked? Mabey. Do they have more team players?Looks like it. It could be of some help. With De B you know who in the area and all. IP: Logged |
Upside Member |
posted July 27, 2004 20:36
quote: Quick, long, short, fat, as long as they're big, that's all that matters! IP: Logged |
highwaychild Member |
posted July 27, 2004 20:41
Yep,big would be nice.HA HA HA IP: Logged |
Wallace#1 Member |
posted July 27, 2004 20:49
Winsum, My vested interest in CMKX is of little consequence. Yours may be significant based upon your finances. If you truly wish to protect yourself, get the certificates. You IP: Logged |
highwaychild Member |
posted July 27, 2004 21:16
naked shorts=theft. Maybe grand theft, I'm no lawer. But I do know,nobody(mm's) wants there a$$ in a sling. If they don't cover and want to go to jail, then I guess that's where I think there naked butts will go. IP: Logged |
bill1352 Member |
posted July 27, 2004 21:27
wwjd...i think what your doing is great...from re-reading my last post i see i forgot to add why i think my 1.2 will end up a profit but not much or lets say not a grand slam...the only way this pps hits it big is a r/s...yes i think the pps is manipulated by the mm's. i think they sell & or buy to keep it where it is and because of a huge o/s its easy to do. at some point in the future my 1.2 million will end up 120 or 1200 but unless i see something very differant from what i've seen i will be holding 1.2 mil on the r/s day and who knows by the time UC is done wheelin & dealin i might also own shares in 3 or 4 other companies IP: Logged |
highwaychild Member |
posted July 27, 2004 21:38
What about a consolidation with 3or 4 other companies Mr. positive. Alot of ways pps could move.Good or bad. Right now to me it looks like we are moving forward,and that's a good direction. IP: Logged |
will Member |
posted July 27, 2004 21:40
I suspected Urban's fingerprints all over UCAD after that first lease deal, it was a sweetheart of a deal. quote: [This message has been edited by will (edited July 27, 2004).] IP: Logged |
highwaychild Member |
posted July 27, 2004 21:55
quote: http://www.tcdjs.com/images/cmkx/day2/seattle30.jpg Looks pretty good on the back glass too.HA HA HA IP: Logged |
Upside Member |
posted July 27, 2004 22:12
The only place I see us headed right now is into a massive state of confusion. Look at what's transpired in the last few days: UCAD buys 5% of CMKXs claims for 7.5 million shares, CMKX says they will issue those shares to the shareholders as a dividend, CMKX invests 1 million in CIM for a 10% lifetime royalty on all of their claims plus 40 billion shares of their stock, which doesn't exist at this time, CMKX says it will issue these 40 billion non-existant shares to shareholders as a dividend, CMKX buys a 60% interest in Nevada Minings claims (which are also part owned by UCAD) for 75 billion shares of restricted stock 40 billion of which are Mr. Casavants and 35 billion are "new" shares, UCAD invests an additional 3 million for an additional 2% of the 10% of CMKXs claims. The CMKX funny car loses another few races. Can anyone keep this straight? IP: Logged |
highwaychild Member |
posted July 27, 2004 22:19
No help here...this is a job for D. Glenn man. IP: Logged |
Doctoall Member |
posted July 27, 2004 22:43
Trying to do some research on UCAD and the Urban ties. U = Urban Casavant C = Carolyn Casavant (his wife) A = ** not sure is this the first initial of his daughter or another partner D = David Desormeau a name mentioned in many of Urban's other business dealings Just a huntch, mere speculation, but could it be !!!!!!!!!!!! ------------------ IP: Logged |
Doctoall Member |
posted July 27, 2004 22:48
I remember seeing somewhere that both Urban's daughter and son joined the company after they graduated from university, maybe in 2003 or so. Maybe someone can research the company filings to try to locate other principals who have the first initial of "A" or "D" to try to put this theory together IP: Logged |
Wallace#1 Member |
posted July 27, 2004 22:49
Up, And one more thing. What is the relationship of Nevada Minerals to CMKX, UCAD or any of the other partners of CMKX -- [This message has been edited by Wallace#1 (edited July 27, 2004).] IP: Logged |
Upside Member |
posted July 27, 2004 23:00
Wallace, Take a look at this. http://www.sec.gov/Archives/edgar/data/1277506/000127750604000001/xslF345X02/primary_doc.xml What do you think? IP: Logged |
Upside Member |
posted July 27, 2004 23:09
Can anyone supply a link to the list of companies that Urban owns? It was posted here a few weeks ago when the transfer agent fiasco was going on. Thanks. IP: Logged |
will Member |
posted July 27, 2004 23:28
LOL, the T/A fiasco. No negatives here, right. There's so many goofy things I forget them all until someone mentions one of them. Just another error in judgement swept undr the rug. I guess I find negatives where there aren't any. Hey! Just throw a dart, you'll find one. IP: Logged |
WWJD-thru-me Member |
posted July 27, 2004 23:30
Upside -The percentages of the different companies and interrelationships is extremely hard to follow. I think I would need to sit down and graph it all out to have it make any sense. If anyone has the time to map it out that would be a visual worth looking at. All the different percentages etc, and dividends would make me not want to be short in this. Bill -I have higher expectations for this stock than you do I think. I am hoping that UC announces some kind of cash dividend before anyone I know sells any too cheaply. I would hate for anyone to miss out on that if CMKX is going to do that. The meeting next week should give us more insight. I noticed the IRS part at the end of your post. I hope this can help you out with them. Not a group you want to be at odds with. Wallace - I think I can agree with you about the certificates. I got some and after talking with Etrade yesterday decided not to get more. But I probably should get some more. I am long with most of them anyway so I may as well. GLTA-DD-IMO-DD-Good Night -Debi IP: Logged |
will Member |
posted July 27, 2004 23:43
UpMan: Correct me if I'm wrong. When the "T/A fiasco", ocurred, (which by the way, is what Marvin called it too), was happening, weren't the Think Outside the Boxers and the rha rha boys protecting their investment telling everyone it was a stroke of genius, and it turned out to be an embarrassment? [This message has been edited by will (edited July 27, 2004).] IP: Logged |
f15crew Member |
posted July 27, 2004 23:54
quote:
URBAN CASAVANT CAROLYN CASAVANT EMMERSON KOCH CASAVANT INTERNATIONAL MINING CORPORATION
Randy IP: Logged |
Upside Member |
posted July 28, 2004 00:08
Thanks Randy! IP: Logged |
Doctoall Member |
posted July 28, 2004 00:15
Still One Missing Piece Of The Puzzle: U = Urban Casavant C = Carolyn Casavant A = ??????? (Dtr) D = David Desormeau Who will find what or whom the "A" stands for. IMO there is a definate connection between Urban and UCAD and thus makes the transfer of stocks and money very easy between both companies. ------------------ IP: Logged |
Upside Member |
posted July 28, 2004 00:29
Ok, here's what I've found out so far. Urban is President of both CMKX and CIM so the 1 million dollar CMKX "investment" in CIM is meaningless. It's nothing more that Urban investing in Urban. Also found out that Nevada Minerals is an owner of UCAD so UCADs investment in Nevada Minerals is relatively meaningless also. The missing link is the connection between CMKX and UCAD. It might be there somewhere but I haven't found it yet. I actually hope there is no ownership connection there because if there is, all of these companies are doing nothing more than putting out meaningless p/r's to artificially inflate their stock price. That could spell disaster. IP: Logged |
tahoechris Member |
posted July 28, 2004 00:32
according to melvin, CIM will become publicly traded IP: Logged |
f15crew Member |
posted July 28, 2004 00:54
I found the names of all Casavant Shareholders in the 14C filed in Jan, 2003. There are a lot of family members here. (5) The Casavant Family consists of 22 members who are related to Urban Casavant. Their respective share holdings are reported separately from Urban Casavant. As a Group, the Casavant Family holds 10.7% of the Company's shares. Of this amount 100% are Rule 144 shares. There is no Casavant Family share pooling agreement, voting trust and/or other agreements relating to the shares in effect at this time. The Casavant Family includes: Albert Casavant (3,000,000); Brandy Casavant (2,000,000); Brad Casavant (500,000); Chantelle Casavant (2,000,000); Craig Casavant (2,000,000); Dale Casavant (50,000,000);Denise Casavant (30,000,000); Felix & Marlene Casavant (1,000,000); Gerry & Betty Casavant (300,000); Harvey & Gloria Casavant (1,000,000); Justin Casavant (2,000,000); Kyle Casavant (500,000); Marina Casavant (500,000); Max Casavant (10,000,000); Ray Casavant (3,000,000); Ron Casavant (30,000,000); Ryan Casavant (500,000); Trevor Casavant (2,000,000); and Vic Casavant (30,000,000). There is an Albert Casavant, am still trying to find more about him. Randy IP: Logged |
f15crew Member |
posted July 28, 2004 00:59
Don't remember seeing this...I know it's a few weeks old and if you've seen it, please disregard. More drag racing advertising for CMKX PARTNER BEGINNING IN 2005
IP: Logged |
JBCak47 Member |
posted July 28, 2004 01:36
WWJD "It may be greedy but I think it is smart." There is nothing greedy at all with what you are doing. I have my own ideas on what I plan to do with some of my money. I truely feel that God will deliver to you as long as you do good with it. There is nothing wrong with keeping two million, in fact keep three so as you can hold on to some more money to attempt to make more with it to do even greater good... follow your heart but just remember NT/OT God is just that, polarization of being forceful and of being loving... apply it to the stock market ============================================= OMG 80K+ Terrible, makes me want to cry... Well I will have saved up another 10 tomorrow by skipping lunch/breakfast and just eating two bagles then get home and eat dinner... So we are upto like $41 (The number may change,lol...) 102k or so Muwahahahahah! There's gotta be something I can sell on ebay that I have no use for. hmmmmm.... My mission... to acquire 1.05 million shares of CMKX buy Aug 13th. I have 16 days to come up with some money. Guys root me on! -John- IP: Logged |
thecwexperience Member |
posted July 28, 2004 01:46
i am pretty new & want to say hello again...i would like any feedback reference stock certificates or the type of acct held...the subj was touched on briefly by a couple of members...wondering if they're necessary in my case...please forgive any redundancy...keeping in mind our situation with the cmkx sharecount, here is where i'm at: -i have a little over 1mil shares thanks for the help in advance!
[This message has been edited by thecwexperience (edited July 28, 2004).] IP: Logged |
Bialystock Member |
posted July 28, 2004 02:27
I received this Green Baron email update on CMKX today. Not sure if it was already posted here or not. I don't see the same report on their website but maybe they send this to subscribers first and update their site after that? I'm a new Green Baron sub so I dunno. Anyway, that's why there's no link to insert here, sorry. "The Green Baron Report
July 27, 2004
Stock to Watch Update
CMKM Diamonds, Inc. (CMKX)
CMKM Diamonds is rapidly becoming the stock play we had originally envisioned – The Stock Play of a Lifetime. Based on press releases announced on Monday, July 26 and Tuesday, July 27, The Green Baron Report is telling our members once again to seriously watch this stock right now. The only thing keeping us from fully profiling CMKX on our home page is the fact that the company still has not released its total issued and outstanding share count. However, we anticipate this number will be released within weeks.
Since we began coverage onJuly 13, 2004 , CMKX stock price has only moved slightly higher from an offer price of .0003 to .0005 despite news regarding the distribution of stock dividends, an investment in more prospective mining property, and the receipt of cash from US Canadian Minerals (UCAD). CMKX stock continues to be one of the most heavily traded stocks on Wall Street, and appears to be held down each day over the past several weeks by the market maker JEFF as he seems ever present on the offer. Please note that JEFF went to the bid side mid-day on Tuesday July 27 at .0004, and may finally indicate a change in his positioning going forward.
Last week The Green Baron Report forwarded a list of about 15 questions to be asked for an upcoming Green Baron webcast interview with CEO Urban Casavant. Although Urban expressed strong interest in conducting the webcast now, attorneys on his behalf have asked him to delay the interview until after the company becomes fully reporting. We will alert our members when we secure a firm date for the interview and its release.
On Monday July 25, CMKM Diamonds announced it had acquired a 60% undivided interest in 500,000 acres of potential Kimberlite mineral property inSaskatchewan,Canadafrom Nevada Minerals. CMKX now has an interest in nearly 2 million acres of land in mineral rich areas ofCanada.
On Tuesday, July 26, CMKM Diamonds received its first $3,000,000 from U.S. Canadian Minerals Inc. as the first exercise of a purchase option agreed to last week between the parties. The Green Baron Report views this announcement as extremely positive for two reasons: one, this confirms that CMKX has cash on hand and should not be in any need of selling shares to raise money as has been suggested by nay-sayers; and two, UCAD’s speedy option exercise seems to clearly indicate that CMKX is sitting on very valuable property.
One final note: As announced onJuly 18, 2004 , shareholders of recordAugust 20, 2004 will receive a stock dividend of US Canadian Minerals (UCAD). Although we are still awaiting more specific details concerning this dividend, UCAD stock has rallied in recent weeks from about $3.00 per share to as high as $7.35. Regardless of how many shares of UCAD that CMKX shareholders will receive, it appears that investors in UCAD view recent developments very positively." IP: Logged |
tradingpennys Member |
posted July 28, 2004 03:48
Harryhar :"Howcome it's bashing to try and find out some opinions on the security of our holdings? That's completely ridiculous. Because I care so much about my holdings in this company, I want to cover my bases when this stock does start to fly. I don't see anything wrong with that and would actually call you a bit near-sighted if you aren't trying to find out as much information about the security of your holdings as possible. This type of situation has never happened before. You can't be too safe because no one knows how this will turn out (even if the price goes crazy!) in the end. I have 17M and holding long." Well said ..well spoken! IP: Logged |
tradingpennys Member |
posted July 28, 2004 04:05
quote: Again, well said... well spoken IP: Logged |
ali Member |
posted July 28, 2004 06:05
U.S. Canadian Minerals Inc. Exercises Initial Purchase of CMKM Diamonds Inc.'s Mineral Claims for $3,000,000 USD via COMTEX July 28, 2004 LAS VEGAS, Jul 28, 2004 (BUSINESS WIRE) -- U.S. Canadian Minerals Inc. (OTCBB: UCAD) announced today that it has exercised its initial purchase under an option with CMKM Diamonds Inc. (Pink Sheets: CMKX). The option, agreed to last week between the two parties, has been exercised for an additional 2% interest in all of CMKX's mineral claims for $3,000,000 USD. Under the agreement reached last week, UCAD has a one-year option agreement to purchase an additional 10% interest in all of the mineral claims held by CMKX for an aggregate total of $15 million USD payable to CMKM Diamonds Inc. Rendal Williams, CEO of UCAD, stated, "This is only the first purchase that the company expects to exercise as we move forward, increasing our holdings, asset base and the acquisition of potentially high-revenue properties." Further details relative to this project will be forthcoming in future press releases and at http://www.uscanadian.net/. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Statements contained in this document which are not historical fact are forward-looking statements based upon management's current expectations that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. SOURCE: U.S. Canadian Minerals Inc. U.S. Canadian Minerals Inc. Chris Hanneman, 303-220-8476 IP: Logged |
highwaychild Member |
posted July 28, 2004 06:27
Ali your fast. I like statment Rendal Williams,UCAD CEO,made. Moving forward sounds good to me. IP: Logged |
XchangeMODE Member |
posted July 28, 2004 06:36
BASHING=FALSE RUMOURS! IP: Logged |
XchangeMODE Member |
posted July 28, 2004 07:24
STOCK CERTIFICATES=FALSE RUMOUR i guess there is a snake on this thread What a brilliant idea certs you can put on a wall or in a safe and could you imagine ameritrade having all these lawsuits of private investors owning naked shares NOBODY OWN`S NAKED SHARES, it`s like borrowing something you don`t own if the shares are in your account THE Marketmaker has to find them IP: Logged |
XchangeMODE Member |
posted July 28, 2004 07:46
YOU can call anybody at AMERITRADE and they will tell you the same thing the shares are in your account they are yours SO the conclusion is we have to deal with a PAID secretary to spread a false rumour about a 400 Billion O/S ( the transfer agent fiasco) and stock certs is a brilliant way to scare investors if would be a paid basher on this one i would take my money and go long on this one IP: Logged |
ali Member |
posted July 28, 2004 07:56
Divident post from another board.... UCAD currently trading at $6.90! We are getting free UCAD Shares as CMKX Holders - 7.5 million total. But with last nights PR, we have learned that UC will NOT be taking part in this dividend. Thus, he will not himself reap any free shares of UCAD, but will give all 7.5 million out to other shareholders. Now, Melvin was on PalTalk today, and again reiterated that the OS is NOT 400 Billion and not to believe it. Don't listen to anything about the OS until an official PR comes out! But, let's just say worst-case scenario is true, and the OS IS 400 Billion. Now, Urban has to own AT LEAST 200 Billion of these shares to keep control of CMKM Diamonds. Obviously if he didn't, Debeers or whoever else could buy them out in a matter of days. So again, lets say worst case scenario, UC Holds Just over 200 Billion to maintain control of CMKX, leaving other shareholders, including insiders mind you, with just short of 200 Billion shares. 200,000,000,000 (Shares to receive UCAD) divided by... [This message has been edited by ali (edited July 28, 2004).] IP: Logged |
cool1sh Member |
posted July 28, 2004 08:46
This may not be 100% acurate as someone typed while listening.. Paltalk transcript (with Melvin) --------------------------------------- Q: Any concerns about SEC or insider info getting out? Does not want to put company in jeopardy. Q: Can shareholders do anything to help CMKX? Q: What are your thoughts on a message board on new site. Q: Any timeframe for shareholders when we will see the big picture? Year, months? Q: Are we expecting remaining core sample results from Carolyn? Q: where do you see CMKX in 5 years? Q: When is actual dividend cutoff date? 18th? Will PR specify details? Q: What race will you be at next. Q: What about leases that expire in 2012 Q: 15-12G non reporting. Any comment on filing shortly? Do we have more than $10 million in assets? How often do you speak with Urban. Q: Are you ready to give tours up there? Q: Will we be receiving a cash dividend? Q: How long have you been with the company? Q: Do you know anything about green baron? Q: How many rigs do we have along with JV partners? Q: How long does it take to get a core sample and can you tell visually the content? Q: Are you aware of stock patrol? Q: When are we getting a race boat? Q: Could you talk about the non-magnetic kimberlites. Are you expecting diamonds out of that. UC seemed pretty convinced something is there. Can you comment on size? Q: Our price at .0005 seems undervalued. Q: If someone has 30-50 million shares and wants to double their position, is it pointless if they are just naked short shares. Q: How is the relationship with the Sask. Government? Q: Does CMKM diamonds own Juina? Q: With such a vast area, how do you determine where these minerals are found… gold, zinc, topsoil, uranium, etc. Q: You mentioned our shares would be worth a good bit of money very soon. What is soon? Should we refer to the PR? Is that before 8/20? Will JEFF covering prior boost our price? Q: Can you explain the TA issue: Q: Will you be retiring shares before the OS is announced? Q: Will we see another PR this week? Q: Did Roger Glenn give you the clearance to post here? Q: Can you recap your last conversation with Joel? Q: Has Melvin met roger glen? Q: Status of aerial results? Q: Any plans for a party in Las Vegas? Q: What are significance of new claims near prince albert. Q: What date do we get our UCAD dividend? Q: FALC has been known for 20 years. Anyone doing any viable mining right now. Why so long? Q: When is the new site going to be up and running? Q: Do you feel CMKX could be the next diamond empire? Q: Are we working on a partnership with Shore Gold? Q: Rumor that DeBeers has kimberlite mostly on our property. Any idea when new maps with new kimberlite might be finished? Q: How many employees? Do employees drill or contractors? Q: Can you clarify the $40-$80 billion value of land? Q: Back to the sandbox. Isn’t the logical after the 2 kids fuss, wouldn’t they just decide to join the fat kid. Q: Is the Amex urbans goal? Q: How will winter affect drilling? Q: Is it a goal for UC to make us millionaires. Q: Anything new with Carina, Pine. Q: You stated on IBC that you would ask UC to do 3 things. What happened to those? Q: Do our JV partners also have rigs and are working? IP: Logged |
MiggyTrader Member |
posted July 28, 2004 09:14
If CMKX and UCAD merge, is it good or bad for CMKX shareholders? IP: Logged |
Brad Member |
posted July 28, 2004 09:47
Interesting comment from Zen. ------------------------------------------ Posted by: zeninvestor32 SUPREMELY CONFIDENT I am very, very, very confident that within the next 3 days we will see a very hard-hitting negative article by the short interests that will attempt to blindside shareholders. I base this on a very limited window of opportunity. 2 PRs came out last week on a monday and tuesday night. We have had 2 PRs this week on a monday and tuesday night. CMKX has shown a propensity in the past for thursday and friday night press releases. August 20 is rapidly approaching and the news gets better each time. So this leaves wednesday and thursday as the most obvious times to strike. This is just a hunch after years of watching these things. I think they may have just enough ammo for one more guerilla raid. Keep your eyes peeled. Be vigilant. I hope I am wrong but I think they sense a potential lull for wednesday and thursday. I am guessing they will try to exploit it.
As always, these are my personal opinions. Hopefully nobody in here is investing anything but "fun" money that they can afford to gamble with. IP: Logged |
rde3 Member |
posted July 28, 2004 09:47
I just purchase another 1 million shares @ 0.0005 IP: Logged |
Back~in Member |
posted July 28, 2004 10:01
More Good News!!! U.S. Canadian Minerals Inc. Exercises Initial Purchase of CMKM Diamonds Inc.'s Mineral Claims for $3,000,000 USD LAS VEGAS, Jul 28, 2004 (BUSINESS WIRE) -- U.S. Canadian Minerals Inc. (OTCBB: UCAD) announced today that it has exercised its initial purchase under an option with CMKM Diamonds Inc. (Pink Sheets: CMKX). The option, agreed to last week between the two parties, has been exercised for an additional 2% interest in all of CMKX's mineral claims for $3,000,000 USD. Under the agreement reached last week, UCAD has a one-year option agreement to purchase an additional 10% interest in all of the mineral claims held by CMKX for an aggregate total of $15 million USD payable to CMKM Diamonds Inc. Rendal Williams, CEO of UCAD, stated, "This is only the first purchase that the company expects to exercise as we move forward, increasing our holdings, asset base and the acquisition of potentially high-revenue properties." Further details relative to this project will be forthcoming in future press releases and at http://www.uscanadian.net/. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Statements contained in this document which are not historical fact are forward-looking statements based upon management's current expectations that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. SOURCE: U.S. Canadian Minerals Inc. U.S. Canadian Minerals Inc. Customize your Business Wire news & multimedia to match your needs. Copyright (C) 2004 Business Wire. All rights reserved. IP: Logged |
sarki316 Member |
posted July 28, 2004 10:17
Brad any good brooker would know not to listen to any negative things about CMKX. The people that listen to basher don't know anything about stocks.
quote: IP: Logged |
Jeffrey Member |
posted July 28, 2004 11:27
Hi Everyone, I've been reading up the last week and after a good advice from a friend of mine I bought 1.6 million shares. It's quite an interesting development. I've been doing some math, there are speculations that there is for about 80 billion $ worth of diamonds in the claimed land. So in worst case scenario suppose that there are 400 billion outstanding shares, that means at a price of 0.0005 it would be worth 250 milion $ !!! That really makes no sence for a starting company that says it needs 10 million for the drilling in the upcoming 2 years or so. So I think it would be resonable that there at most 40 to 100 billion outstanding shares, for a value of 25 million till =/- 65 million. When there is for about 80 billion of assets that at a level of 40 a reasonable price would be 80/40 = 2$ a piece or with more shares 80/100 makes .8$ a piece. So i think there is a lot of potential in the stock, just have to wait till they find the rocks!! IP: Logged |
Brad Member |
posted July 28, 2004 11:37
quote:
And when you see people bad-mouthing Jeff, don't get a complex, it's not about you. ;-) Take care and welcome again. [This message has been edited by Brad (edited July 28, 2004).] IP: Logged |
Wallace#1 Member |
posted July 28, 2004 11:56
Jeffrey, No offense, but that is not the first time I have heard that "speculations" are worth something. Up, Looks like the deal between Nevada Minerals and UCAD is not an arm's length agreement since Nevada is a beneficial owner of 10% or more of UCAD's stock. I wonder who owns Nevada Minerals. Dhonau is Pres., but a Pres. could be appointed by anyone who owns or controls Nevada. Interesting that Nevada Minerals also has an address in Las Vegas, NV -- exactly where all the others have addresses. Has anyone been able to get a listing of the major shareholders of UCAD? IP: Logged |
Upside Member |
posted July 28, 2004 12:57
Wallace, Here's a link to all of their SEC filings. http://www.sec.gov/cgi-bin/browse-edgar?company=U+S+CANADIAN+MINERALS&CIK=&filenum=&State=&SIC=&owner=include&action=getcompany Scroll down to the one form 4 and the bunch of form 3 filings for a list of some of the owners. IP: Logged |
Money_Penny Member |
posted July 28, 2004 15:52
Since this thread was about to disappear from the "radar screen" and in the absence of anything to talk about regarding CMKX, how about a little off-topic political humor? - This is really good, check it out! www.jibjab.com IP: Logged |
WinsumLosesum Member |
posted July 28, 2004 16:01
That's the funniest thing I've seen in a long time! Good DD. Thanks for the pick-me-up, MP. IP: Logged |
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