posted August 09, 2004 21:49            

It looks more like you are the Mr.Hyde. Now your true colors have come out! You couldn't even be honorable enough to determine who instigated all the insults...including yourself. I don't care if you or anyone else on this CMKX CULT thread responds to my posts. However, if anyone of the amateurs (or some who claims to have been trading most of his adult life), any of the pumpers, any of the so-called christians or anyone else attacks or insults me I WILL RESPOND IN KIND! All you people ever had to do was stop the crap! The burden and responsibility is on YOU!

By the way, Upside, if you have been trading for most of your adult life as you stated on another thread, you should not have to ask questions about dividend dates as you did on the previous page.

posted August 09, 2004 21:49            

See even Debi is getting pulled in to
lowering her standards.

If I had $15,000+ on the line I might
get into the cheerleader section as well.

I do have to ask a question though is
Noahltl related to Doji? or is Money_P
a close relative.

sad days

I am 7.5M strong and have in my order for
more if it dips...

This company has a lot of potential. I know
I can live without the bash and the bashing
of anyone who asks a reasonable question
or makes an observation that might appear
a bit on the negative side.

There is a lot of info about this company that is positive and equally amounts of information that is disturbing.

posted August 09, 2004 21:54            

thanks again

quote:

---

Originally posted by Brad:
This is a little long but worth the read of you follow any of Sterling's predictions and theories. I respect Sterling but I have to admit, some of his posts are OUT THERE baby. The post below was from PennyWrangler in reponse to Sterling's post titled CMKX-Operation Dividends...

__________________________________________

Ok. lets take this one step at a time here, like I do in my PR reviews...

1) The idea that dividends can force naked shorts to cover is correct IMO. I think we are all quite familiar with this idea. Basically, when you hold a short position, you must pay any dividends on that short position, whether it’s naked or not. This is because shorting always creates the illusion that more shares exist than really do.

For anyone unfamiliar with how this works, I’ll give a brief example. Joe owns 1 share of XYZ corp. Shortie thinks XYZ corp is over-valued and that the pps will go down. So, Shortie borrows 1 share of XYZ corp from Joe. Joe does NOT know that this has happened. He still sees 1 share of XYZ in his brokerage account. Ok, Shortie takes that share he borrowed and sells it. Lets say Sam bought it. Now both Joe and Sam think that they own 1 share of XYZ. So this 1 share looks like 2 shares now.

Ok, now XYZ offers a dividend. Lets say they offer 1 share of ABC stock for every share of XYZ stock someone holds. Both Joe and Sam are delighted that they will get 1 share of ABC. When the dividend is paid, XYZ corp pays Sam 1 share of ABC. Joe also gets 1 share of ABC, which was bought by Shortie and delivered by Shortie into Joe’s account.

Shortie could have avoided having to do this if he had bought 1 share of XYZ and given it back to Joe, eliminating his short position. This is called “covering”. Shortie would have to do this before the “ex-div” date, which is usually 3 days before the “record” date. For purposes of the UCAD dividend, the “record” date is 8/20.

The only difference between this and naked shorting is that, if Shortie had opened a “naked" short position, he would have sold 1 share of XYZ to Sam, and kinda promised that some day he would borrow that share from somewhere and actually deliver it to Sam. Since Sam never REALLY takes posession of that share of XYZ (although it shows up in his account as if it really existed), it is up to Shortie to pay him any dividends that he has coming to him.

If Shortie has sold a LOT of shares naked short like this, he’s going to have to cough up a LOT of shares of ABC. Those cost money, and the fact that dividends are coming out really make Shortie question whether shorting XYZ was really a good idea anyway. So Shortie will often choose to cover rather than pay the dividend.

Also, if XYZ offers a dividend in the form of stock in a company that is not publicly traded (like CIM for example), then Shortie is really in a bind. He CAN’T buy shares of CIM to deliver to all the Sams he sold shares to. It is impossible; he just can’t do it. So he has to cover. If he doesn’t then he’s in trouble, cuz demz da rules.

Sorry for the digression, but folks new to this really have to understand this process for any discussion of a naked short sqeeze to make any sense at all.

2) Ok, so this “operation dividends” thing suggests that offering dividends will help eliminate the naked short position. I agree, especially with the CIM dividend. The UCAD dividend should work nicely too, because the UCAD float is very small. There are very few shares available for Shorties to buy to pay to all the Sams out there. So far so good.

3) Early on Sterling suggests a cash dividend. I’ll say right now that everyone would love to get a cash dividend, but I see no reason to expect one any time soon. Just does not make any sense that the company would send cash our way when they could use it for drilling operations, equipment, and company/mining-rights acquisitions. Sterling offers nothing of substance to change my mind about this. It might happen, and if it does I’ll be a happy camper just like every other shareholder, but I’m not holding my breath because it really doesn’t make business sense to me.

4) A cash dividend is not more likely to cause short covering than a share dividend. It’s actually a lot harder to come up with shares to distribute than cash. So IMO a share dividend is a MUCH more effective way to force short covering than a cash dividend.

5) Sterling suggests that UCAD and GEMM are going to a major exchange. Possible, but I see no indications of this at this time. This looks like pure speculation.

6) Sterling keeps talking about the “date of execution”. I have figured out from context that what he means is “date of record”. When talking about dividends, there are only 3 dates of significance:

a) ex-div date -- First day to buy shares and NOT be eligible for the dividend. Usually 3 days before the "record" date because it generaly takes 3 days for trades to "settle".

b) record date -- Date on which you MUST be a shareholder of record in order to be eligible for the dividend. If you buy before the ex-div date and hold the shares through the record date, you will get the dividend. Technically you don’t really have to hold the shares even this long, but I don’t like to push my luck with such things...

c) distribution date -- Date that the dividend is actually paid. It is not uncommon for the payment (stocks or money) to not actually show up in your account until the day AFTER the distribution date in my experience.

So, there’s no such thing as an “execution” date, unless you are found guilty of murder in Texas... Sterling means the “record” date.

7) Fruitages? LOL!

8) The explanation for the large o/s is, to be polite, ludicrous. Sterling suggests that Urban created a gargantuan o/s because he wanted to help as many people as possible. He also suggests that a smaller o/s would not help as many people because a small number of people would accumulate most of the o/s.

Utter nonesense. No businessman would think like this for one thing. It’s one thing to respect your shareholders and want to reward them. It’s quite another to believe that Urban’s primary goal is to provide welfare. Sterling suggests that 1M shares would not be enough to ensure good liquidity. Yeah, that’s true, but 10B would be PLENTY. With a smaller o/s, the pps would be proportionately higher, and people would buy less because it would cost more. The same number of people would end up with about the same percentage ownership of CMKX with an o/s of 10B as would for an o/s of 500B.

We have a large o/s because CMKX is a junior mining company that needs money for exploration and has no source of revenue yet. It may also be true that the a/s was jacked up to enable Urban to grab enough shares to protect CMKX from takeover by De Beers. Also always remember that “counterfeit” shares created by naked shorts are NOT part of the “official” o/s, which is what is being discussed here.

9) Sterling suggests that we will get 49% of any transaction, whether this be cash or shares. This is pure guess work and I think this is very unlikely. For one thing, we haven’t seen this happen with ANY of the transactions to which we are privy. Consider the transactions and dividends we’ve seen so far:

a) UCAD is giving CMKX 7.5M shares. CMKX is giving 100% (note, NOT 49%) of these shares to shareholders via a dividend.

b) UCAD gave CMKX $3M to exercise their option. We have not gotten a PR saying that we get ANY of this money, so right now we’re looking at getting 0% of this transaction.

c) GEMM is giving CMKX 49% of it’s o/s (assuming CMKX exersises their option on the remaining 25% of GEMM, which I think they will do). However, if you run the numbers (see my review of this PR) you will see that shareholders are NOT getting all of this. CMKX is retaining 7% and giving us 42% of the GEMM o/s. So again, NOT 49%.

d) CIM is giving CMKX 40B shares. The PR from 7/19/04 implies that 100% of this will go to shareholders in a dividend.

So, I really don’t see where Sterling is getting this “shareholders get 49% of everything” stuff from.

Plus, as I and others have said before, it makes a lot more sense for CMKX to keep it’s cash right now to fund exploration efforts.

10) Sterling says that he assumes that the CMKX float is 40B because of the wording of the CIM dividend PR. I must assume that he is referring to this PR saying that the CIM shares will be distributed “pro rata”. Well, I hate to tell ya that “pro rata” just means “in proportion too, as determined by a specific factor” (http://www.investorwords.com/5735/pro_rata.html). Well, the factor can be anything, so assuming that this means 1:1 is just wishful thinking. Now, the float may very well be on the order of 40B, but I think it’s closer to 100B personally. Certainly the language of the CIM dividend PR does not provide any clues; it just happens to say “pro rata”, when in fact ALL dividends are given pro rata, whether they bother to say so or not!

11) Sterling suggests that Urban will specify that only non-restricted shares will get these dividends. By this he means that Urban, his family, private investors, and companies getting CMKX shares (like Nevada Minerals) will not be eligible for these dividends. Essentially this means that only the “float” would get the dividends; no one else. Obviously if the public float is some figure between 40B and 100B, this would put a lot more shares in our accounts than if these dividends are paid on the entire 483 o/s.

Well, this is a lovely thought, but yet another case of extremely optimistic thinking that, IMO, has no basis in reality. If this in fact happens, I’ll be thrilled, but I see no reason to believe this is the case. Sterling doesn’t offer any reason for why he thinks this will happen either, other than Urban is a really nice guy. We’ll see.

12) Sterling assumes (there’s that word again) that the 75B shares given to Nevada Minerals is 49% of the o/s, and Urban and insiders hold 51% of the o/s. Well, this fits nicely with Sterling’s zero float theory, but otherwise again has no basis in reality. There’s just no reason to believe this. About all you can surmise is that 75B is less than half the o/s, because I’m pretty sure Urban would not give controlling interest in his company to Nevada Minerals. So, as I have discussed elsewhere, the o/s simply MUST be larger than 150B. But there is no reason to assume that it is exacty 150B + 1 shares. This is just a minimum figure based on the NM PR.

13) The calculation of the 153,061,224,489 shares is again nonesense. Look, the only point here is that Nevada Minerals simply must not get controlling interest in CMKX. It is not necessary for the number of shares given to them to be 49%. It is necessary that the number of shares given to them be less than 50%. The smallest number of shares required to be in the o/s for this to be true, given that NM was given 75B shares, is 150,000,000,001. Simple as that. Sterling’s math error is based on the notion that these percentages have to be whole numbers. Nope... they can be fractional.

14) The $15 dollar figure for UCAD’s pps is, you guessed it, optimistic. Yeah, it will go up if good things happen for UCAD, but you can’t count on it. We know for a fact that we are getting restricted shares of UCAD; we won’t be able to sell them for a year after we get them. There is no way to predict what UCAD’s pps will be in the fall of 2005. Might be better, might be worse. Best you can do is just use the $6 figure that it’s trading at now when thinking about the value of the UCAD dividend. The same goes for any share dividend.

15) Sterling plays around with some Excell spreadsheet “what if” kinds of calculations to show what your shares are worth given different o/s figures. Cute, but nothing new. Basically if the o/s is anywhere near where I think it is, no one is getting much out of any of these dividends. But hey, it’s more than we had before and they didn’t have to give us anything, so I’m not complaining. I’m just saying these dividends are not going to enable us to quit our day jobs, and the ones that are restricted are totally worthless for 1 year.

16) Sterling assumes (*sigh*) that the “plus sign” in front of the UCAD dividend ratio (+.0000155) means that this ratio could be bigger. He also suggests that this ratio is a “temporary” figure that has been reported.

Uhhhh... no, sorry. The “+” means that these shares will be added to our accounts. And companies don’t submit a “worst case guess” for a dividend ratio, then change it later. What utter nonesense! No, what you do is figure out what the ratio will be and submit it. One time. Period.

Sterling is having the same denial problems that a lot of people are having. Look, the ratio for the UCAD dividend has been reported, PERIOD. DONE DEAL. COPE.

BTW, there is such a thing as a negative dividend. This is how a reverse split would appear. For example, a 2:1 reverse split would show up as a “-0.5” dividend, meaning that for every share of a stock that you hold, 1/2 of a share is taken away from you.

This is why they put the “+/-” in front of the ratio; to indicate whether the dividend is being paid TO you or being paid BY you.

17) Sterling thinks we’ll get 15 or more dividends. Who knows. We have 3 right now. Over the next 10 years, if the company is around that long, we probably will get over 15 dividends. Pure guess work again.

18) Sterling thinks CMKX is headed for the NYSE. Who knows. Urban and Roger and no one else, that’s who.

19) The notion that a cash dividend will drive the share price up to 10X or 20X of the cash dividend value is absolutely nuts. Koo Koo, Krazy for KoKoPuffs nuts. When a cash dividend is announced for a stock, especially a stock that does not regularly pay cash dividends, the value of the stock typically goes up by the amount of the announced dividend. So if a 0.10 dividend were announced, CMKX would go up to approximately 0.1004. Once the dividend is paid, the value of the stock will go down to 0.0004 again. That’s how cash dividends work. Go look at other stocks that occasionally pay dividends that are a large percentage of the stock’s pps. They pop up when the dividend is announced, and they pop back down just as fast on ex-div day.

So lets look at Sterlings thinking here. For example, lets look at the 0.20 figure. He says that the price could go up to 0.20 because, after all, you will get half your money back, and be left with this great stock with huge potential! Well, that’s not how normal investors will look at this. Most see this as a super-risky play that they would not normally touch with a 10 mile long stick. If the pps were at 0.20, what they would see is the opportunity to spend 0.20 for 1 share of a company that would pay them 0.10, then plunge instantly back to 0.0004. Oops, I just lost nearly 0.10 per share!

This is why the pps will only go up to the value of the dividend plus the market’s valuation of the stock at the time the dividend was announced, AT MOST. This is because it is common for a stock to go LOWER after the dividend is paid than it was before, because investors now know that the company is POORER than it was before, by the amount of the dividend. In other words, they know that the book value of the company is lower than it was before they gave out the dividend, by the total amount of the dividend.

20) How about this comparison with a savings account? Sterling suggests that the pps could go as high as $2 because you will make 5% on your money with a 0.10 dividend, and that’s better than what you will get from a savings account. Perhaps, but the amount of money in your savings account won’t go down after the interest is paid. The pps of such a stock most definitely will go down on ex-div day. A “normal” $2 stock will go down to $1.90 after paying a 0.10 dividend typically, unless it is very strong (meaning “in demand”, usually because it’s in a good sector and it is growing its earnings consistently).

If CMKX somehow managed to surge to $2 from 0.0004 based on a 0.10 dividend (impossible, but for sake of argument...), then after the dividend was paid, it would plunge right back into 0.0004 land. Ok, now you paid $2/share to make $0.10/share, and now your original $2/share is only worth $0.0004/share. Hmmmm... seems to me you didn’t make out too well there bub.

21) Again with the tender offer. Well, I hope we get a nice juicy TO as much as anyone else. Sterling is right that we need time to get as much out of a TO as possible. CMKX will get more money from a potential buyer if at least some of the mineral reserves are “proven” prior to negotiations. It would make sense to at least wait for core sample testing results to come back for the big “oreo” that we are currently drilling before making any final TO arrangements. Also, CMKX might be testing some of the other Carolyn samples now, and if this is the case, and they come back with great results, this would also be a big help during negotions. If a TO is going to happen, we all want to get TOP DOLLAR for our shares.

Now, as to whether a TO will happen... again, I say “Who knows?”. Urban and Roger and nobody else. Rumors about a TO turned out to be pure b/s last time, so as far as I’m concerned, I see no reason to believe any kind of a TO is in the works. If there is, great, otherwise, whatever.

22) Sterling is correct to point out that his “4 months from now” prediction of a TO is pure guess work. Four months ago we thought that by now we would all own a private island. Still, this is a reasonable guess because IMO results from the “oreo” (they should really name the pipe “oreo 1”, don’t you think?) will play a big role in negotiations (if a TO is even being considered). It will take about a month to get the core samples out of the ground and get them shipped off to the lab. It will take the lab at least 3 months to process the samples and get the results back to CMKX. Well, that’s 4 months.

23) Sterling sticks by his $2T valuation of CMKX. I think this is wrong. He came up with this by assuming that each acre of CMKX holdings is worth as much as each acre of the De Beers property, which Dr. Hutchinson said is worth between $40B and $80B total. Well, this is probably not true. It is likely that De Beers really has the best seat in the house. However, it is also true that the new-fangled survey shows that we have on the order of 100 kimberlite pipes on our properties, so it’s not unreasonable to presume that our holdings are worth (on a per acre basis) half of what the De Beers property is worth. Well, that makes CMKX a $1T company, which would mean a $2 pps with a 500B o/s. And of course this assumes that the commercial value of diamonds remains stable over several decades as the diamonds are brought out of the mines.

24) I know that my critique has been harsh. I’ve ripped as many holes in this thing as I could. Well, that’s just how I grade papers. I don’t hold back any punches because I believe in intellecual honesty and I have no patience for self delusion. That said, I really do respect Sterling and think he’s done wonderful things with his classroom and with his theories about what’s going on with CMKX. But lately I have been disagreeing with these theories of his more and more. Optimism is fine, but I have a problem with getting people’s hopes up with these extremely optimistic and unrealistic assumptions that seem to be getting more elaborate all the time. He falls into logical falacies and doesn’t understand some of the basics of how the stock market works, and that bothers me. He also makes a LOT of assumptions, and they are always slanted HARD on the optimistic side. This is why I don’t really pay much attention to what Sterling is saying these days. It’s just so far out in la la land as to not be worth reading really. I think Sterling is a smart guy, but like the rest of us he is starved for information, and this is IMO pushing him over the edge a bit. So just take what you see coming from Sterling with a big grain of salt. Some of it’s right, some of it is wrong, and all of it is VERY optimistic.

---

posted August 09, 2004 21:56            

quote:

---

Originally posted by WorkAHolic:

I liked Chris Farley. Too bad he died.

---

Yea, that's too bad.
I think if Chris were alive today he'd say...
If you don't get CMKK,YOU'LL BE LIVIN' IN A VAN DOWN BY THE RIVER.
And just to be pc...
If you get CMKX,YOU'LL BE LIVIN' IN A VAN DOWN BY THE RIVER.
Just kiddin' around.

posted August 09, 2004 21:57            

You guys are now officially part of the "CMKX pumper cult". Congratulations!

posted August 09, 2004 22:03            

quote:

---

By the way, Upside, if you have been trading for most of your adult life as you stated on another thread, you should not have to ask questions about dividend dates as you did on the previous page.

---

Ok Wallace, one last time to humor you. I have been in the market since I was 16, however I have only been in the micro pennys for a little over a year. Please copy and paste my question from the other day so I know what you are referring to.

posted August 09, 2004 22:13            

Wallace, although you and I fundamentally don't see eye to eye on this stock I think it's safe to say we've been able to stay away from taking shots at each other. I respect your comments when they bring thought provoking information or ideas we should consider. But you, as well as others, have succeeded in taking juvenile shots at each other that brings absolutely zero to the table for people reading this thread. I have to point out that all was relatively quiet today with regards to the "basher vs pumper" mentality that seems to be prevalent until you entered the thread again. Please understand, I don't necessarily agree with 100% of either side of the coin on this stock as I feel like I look at it pretty objectively. But from my vantage point it looks as though you continue to stir the pot needlessly in an effor to defend yourself and I think you do yourself a diservice.

My suggestion is to keep with the due diligence regardless whether it's good or bad and stop feeling like you have to combat everyone. The personal insults, even if provoked by someone else, only brings you down to a level where people lose respect in you, regardless of your true intentions.

posted August 09, 2004 22:14            

How about going back and check out the instigators first. First step is what you were referring to in your "out of the blue" comment. There's no question there and it should be easy for you to locate. Then, the others, one of which you found. Go back beyond your "abrasive" insult and determine who instigated my responses. Go back beyond your "Mr.Hyde" insult and determine who instigated my responses.

How about being some kind of man with honor.

posted August 09, 2004 22:14            

quote:

---

Originally posted by Money_Penny:
Upside and Will,

You guys are now officially part of the "CMKX pumper cult". Congratulations!

Upside, thanks for the Paltalk transcript.

---

posted August 09, 2004 22:20            

quote:

---

Upside,
How about going back and check out the instigators first. First step is what you were referring to in your "out of the blue" comment. There's no question there and it should be easy for you to locate. Then, the others, one of which you found. Go back beyond your "abrasive" insult and determine who instigated my responses. Go back beyond your "Mr.Hyde" insult and determine who instigated my responses.

How about being some kind of man with honor.

I do not need your humor either. From what I have seen, it is not very funny.

---

posted August 09, 2004 22:26            

I HAVE SOME INFORMATION TO SHARE

My initial position on this information was "screw the short/bashers. they don't deserve to know this and I'd rather they be caught offguard if anything I have found out actually turns out true." Ultimately, given the bluntness of their attacks and my conviction today that this ball is rolling and cannot be stopped, I feel it in the best interests for me to share what I have uncovered with everyone.

A few disclaimers first. EVERYTHING contained herein is public information that I have obtained by simple searches online. Just a lot of dot connecting with publicly available information. I've provided all the links. I have not been tipped off by anyone and, in fact, have seen every one of these companies below touched on by a post online at some point. (Oddly enough TSX Miner actually tipped off the big gun). Second, I have no idea if ANY of this has any actual connection to CMKX. I present it for you to evaluate and reach your own conclusions. Personally, I find it compelling. You may not. How you treat this information is up to you. I am just posting what I have found. Again, there could be ZERO connection to CMKX within. You decide how to interpret this info. I may have nailed this and, conversely, I may have found NOTHING of any relevance. Only time and formal PRs by the company will tell.

Onwards we go.

First things first, I've already mentioned that I have some suspicions of uranium being somehow involved here. From what I have uncovered, this region of Canada (Saskatoon, Saskatchewan) is one of, if not THE, richest uranium regions in the world. It is no surprise that Cameco, the #1 uranium producer in the world, is headquartered here. ( http://www.cameco.com ) I have always figured that if any rights were to be sold off, this would be a key one to sell because uranium is so highly specialized and regulated. I just didn't think it was something that Urban or any of his family probably would care to deal with. So that being the case, my first logical conclusion was any uranium producer in the area might be interested. That lead me naturally to Cameco. But that's a pretty big leap without some kind of tie.

Now at the same time, I began looking more deeply into our Canadian JV partners wondering whether they had anything more to offer us than just some drilling money. I knew Rick Walker was involved in UCAD and also held officer positions at all three of our other JV partners (Carina, Pine, and Shane). So then I began dissecting all three of these JV partners knowing that something was obviously brewing with a merger of sorts. I mean, come on, Rick Walker is pres. of all 4 of our JV partners? Pretty obvious that SOMETHING was cooking. I just didn't (and don't) know what. But this lead me to look more closely at anyone else involved in those Canadian JV partners.

I came up with Rick Kusmirski. He's the only other director (besides Walker) listed for United Carina. ( http://www.unitedcarina.com )

He is the only other director I could find for Consolidated Pine Channel outside of Rick Walker. ( http://www.jnrresources.com/s/ManagementProfile.asp )

Now a little background about Rick. He was the project manager for Cameco in their Athabasca Basin region exploration program. ( http://www.jnrresources.com/s/ManagementProfile.asp ) And he is the current President of JNR Resources which holds a JV agreement for uranium exploration in the Athabasca Basin region. Do minimal research on Athabasca Basin and you will find that it is considered probably the world's richest location for uranium. Number one. Naturally I saw something developing here. One of our chief guys among our Canadian JV partners wasn't just the exploration manager for Cameco, the #1 uranium producer in the world, he was their project manager for Cameco's #1 location -- the Athabasca Basin. I'd say this makes him what I would term a "heavy hitter" in the uranium business. And he is tightly woven into two of our Canadian JVs. I personally felt this was a pretty tight connection. But then I went further.

I mentioned that Rick Kusmirski is also the president of JNR Resources (trading as JNN on the Vancouver Exchange). ( http://www.jnrresources.com )

JNR Resources has two prominent JVs with International Uranium Corporation (trading as IUC on the Toronto Exchange). Now things get interesting. Just two weeks ago, the President of IUC became a director on the board at JNR Resources. ( http://www.resourceworldmag.com/news.cfm?show=newsresults,quote&id=232388&pfmt=1 ) I would say this makes for a VERY tight connection between IUC and JNR. There are only 4 directors at JNR. And one is the president of IUC. Well, naturally, this led me to look further into what Hochstein and IUC might be bringing to the table.

And that is when I was blown away. IUC is considered one of 11 corporations owned primarily by what are referred to as the Lundin Group. They are a multi-billion dollar family holding a collection of mineral and natural resource companies that leaves your mouth gaping. Here is a large PDF file that you can pull up all their information from ( http://www.intluranium.com/data/LundinGroupSummary.pdf )

IUC is one of their babies. And in fact, the largest shareholder of IUC is Adolf Lundin ( http://www.antenna.nl/wise/uranium/uciuc.html ). Adolf Lundin in fact I found out is the senior Lundin that basically is president, chair, or director of practically all their holdings along with his sons Ian and Lukas.
By the way, the Lundins also own Lundin-Petroleum ( www.lundin-petroleum.com ) should we have any oil/gas rights Urban wants to sell. Heck, the Lundins own a piece of just about every natural resource known to man (although conspicuously no diamond company).

Now when I was doing my search on IUC, I came upon this link ( http://www.antenna.nl/wise/uranium/uciuc.html ) where I noticed that their US office was headquarted in Colorado. Hmmmm. Not far from Nevada. Wouldn't that be a coincidence if they too filed some kind of corporate articles at the same time as De Beers. So I checked the Nevada corporate listings and unfortunately found nothing. But thinking maybe they filed in the state they are headquartered in, I went ahead and checked Colorado. I did a search for Lundin. I pulled up Lundin Investments LLC. Articled filed on June 10, 2004. 2 weeks after De Beers filed in Nevada. One week after Roger joined CMKX.

What do I see? I see that outside of Rick Walker, the man apparently second in command among our Canadian JV partners is Rick Kusmirski. A former Cameco bigwig who happens to have the president of one of Lundin's corporations on his board of directors at his other Uranium project, JNR Resources. I guess what will be debated is whether you think this is a strong link or not. My personal opinion is that if our property is rich in uranium, oil/gas, and any other precious metals or resources, Mr. Kusmirski has some connections that will not only know it, but will be very interested in it. I also personally question how some are dismissing TDEM and the Goldak survey as simply "informing us that we have kimberlite". If that's all that did, IMO, why would we waste our money on such an advanced, state of the art survey. That post I put up the other day about TDEM was enlightening. I think they know a lot more from our property than the fact that we just have some cool looking kimberlites. There are some people in fact that beleive with TDEM (thus possibly the importance of THAT release), we may know EXACTLY what we have and EXACTLY where it is and EXACTLY how much of it is there. That is all debatable and I don't doubt for a spit-second that TSXMiner and all the bashers will jump on this assumption immediately. But that's fine. I just raise it as a talking point for everyone. Do some research into TDEM and its capabilities. I know some people that have. I have my opinions. Maybe you'll have yours.

Again, the above is all for your digestion. Everything is public. And maybe some bright people here will find new connections from the above that I completely missed that make this evidence stronger. Again, for all I know, Urban and CMKX have never contacted or been contacted by Cameco or IUC or any of the Lundins. Given the above, however, if we have uranium, oil/gas and more, I'd be very surprised if Mr. Kusmirski didn't facilitate an introduction for us.

Perhaps there's a lot more going down in Canada this week with Roger's attendance than anyone suspects. Perhaps our Canadian JVs were underestimated in their importance. I know TSX Miner is of the opinion that "Mr. Kusmirski hates Urban." That's fine. That's his opinion. And frankly TSXMiner has seemed like the most objective set of eyes on this board (personally I still say he is a pure basher with his recent concession to our kimberlite as trying to make him seem a more credible basher). Plus, even if Mr. Kusmirski didn't care for Urban, money is a powerful motivator to set aside differences. I admit to not knowing the mining community up there but I certainly would never take TSX Miner's commentary on that relationship as having much worth. Just my opinion on that.

What is happening with our JVs? Time will tell. Did I hit any real, relevant connections above? Time will tell. I am sharing all this info as food for thought as we get deeper and deeper into this mystery novel.

For tonight, I post this for you to consider. I will not be responding to any replies. Debate amongst yourselves. I already have my opinions. I am sticking to my belief that extensive posting is no longer relevant here. So this is my one post today. It is not about a company PR but it is what I considered relevant enough to merit posting. I hope it was helpful. Catch you tomorrow.

Z

As always, these are my personal opinions.

continued...

What do I see? I see that outside of Rick Walker, the man apparently second in command among our Canadian JV partners is Rick Kusmirski. A former Cameco bigwig who happens to have the president of one of Lundin's corporations on his board of directors at his other Uranium project, JNR Resources. I guess what will be debated is whether you think this is a strong link or not. My personal opinion is that if our property is rich in uranium, oil/gas, and any other precious metals or resources, Mr. Kusmirski has some connections that will not only know it, but will be very interested in it. I also personally question how some are dismissing TDEM and the Goldak survey as simply "informing us that we have kimberlite". If that's all that did, IMO, why would we waste our money on such an advanced, state of the art survey. That post I put up the other day about TDEM was enlightening. I think they know a lot more from our property than the fact that we just have some cool looking kimberlites. There are some people in fact that beleive with TDEM (thus possibly the importance of THAT release), we may know EXACTLY what we have and EXACTLY where it is and EXACTLY how much of it is there. That is all debatable and I don't doubt for a spit-second that TSXMiner and all the bashers will jump on this assumption immediately. But that's fine. I just raise it as a talking point for everyone. Do some research into TDEM and its capabilities. I know some people that have. I have my opinions. Maybe you'll have yours.

Again, the above is all for your digestion. Everything is public. And maybe some bright people here will find new connections from the above that I completely missed that make this evidence stronger. Again, for all I know, Urban and CMKX have never contacted or been contacted by Cameco or UIC or any of the Lundins. Given the above, however, if we have uranium, oil/gas and more, I'd be very surprised if Mr. Kusmirski didn't facilitate an introduction for us.

Perhaps there's a lot more going down in Canada this week with Roger's attendance than anyone suspects. Perhaps our Canadian JVs were underestimated in their importance. I know TSX Miner is of the opinion that "Mr. Kusmirski hates Urban." That's fine. That's his opinion. And frankly TSXMiner has seemed like the most objective set of eyes on this board (personally I still say he is a pure basher with his recent concession to our kimberlite as trying to make him seem a more credible basher). Plus, even if Mr. Kusmirski didn't care for Urban, money is a powerful motivator to set aside differences. I admit to not knowing the mining community up there but I certainly would never take TSX Miner's commentary on that relationship as having much worth. Just my opinion on that.

What is happening with our JVs? Time will tell. Did I hit any real, relevant connections above? Time will tell. I am sharing all this info as food for thought as we get deeper and deeper into this mystery novel.

For tonight, I post this for you to consider. I will not be responding to any replies. Debate amongst yourselves. I already have my opinions. I am sticking to my belief that extensive posting is no longer relevant here. So this is my one post today. It is not about a company PR but it is what I considered relevant enough to merit posting. I hope it was helpful. Catch you tomorrow.

Z

As always, these are my personal opinions.

posted August 09, 2004 22:26            

quote:

---

I was reading the transcript Upside posted and I noticed that our mineral claims seem to expire within 2 years unless some sort of "work" is done on the land. My question is are our claim somehow divided into sections or does CMKX just own one big claim for 1.9 million acres? If there were sections, it seems like some sort of drilling work would have to be done on each patch of land in order for our claims not to expire but if they're all "connected" it would only require us to stick on drill into the ground in 2 years. From what it sounds like, however, there are individual "sections" of claims and we will not have enough time to explore every single one of them so we may lose some claims in the next 2 years because we don't have the resources. True?

---

posted August 09, 2004 22:26            

Not the least bit surprised that you couldn't admit your errors.

posted August 09, 2004 22:27            

quote:

---

Originally posted by will:
Now wait a minute! ME, a PUMPER? I'll have you know I try to stay in the middle of this mess. It's easy to do too, between Dr D, Sterling and their wildass hype, and the richnessforeverone types, (scabs on the ass of humanity), It's a big spread. lol

---

posted August 09, 2004 22:44            

If I had $15,000+ on the line I might
get into the cheerleader section as well.

I am 7.5M strong and have in my order for
more if it dips...

This company has a lot of potential. I know
I can live without the bash and the bashing
of anyone who asks a reasonable question
or makes an observation that might appear
a bit on the negative side.

There is a lot of info about this company that is positive and equally amounts of information that is disturbing.

Sit back take a chill and enjoy the ride.
---------------------------------------------
Shadow, I haven't been pulled into lowering my standards. I think I asked some reasonable questions that weren't anwered. I actually restrained myself far more than you may guess. As far as being a cheerleader for this stock goes. It isn't related to my present investment. I was positive on this stock once I started finding out more about it. The more I learned the more I liked the mineral rights claims that they have. The kimberlite pipes taht have been found and the aerial survey results. I am very comfortable with my investment and plan to buy more. I won't rehash yeserdays leftovers but I stand by what I wrote. It isn't the sweetest side of me but it is far from the worst.

I agree with you about valuing questions and DD that may be negative. I also agree this company has things that it needs to address. I think they are. I think I have demonstrated a willingness to listen to the negatives and consider them. I don't see value in the comments of some posters who camp out here to harass others and try to hijack the board. They can have it. I have better things to do.

posted August 09, 2004 22:44            

"I do not need your humor either. From what I have seen, it is not very funny."

If you wanty funny I suggest you grab a seat and have Wallace parade around naked

He did it for me last night, in fact that is why I got on so late

Yummy, yummy yummy... Wallace's bare ass butt cheeks... The land of hemoroids and pimples... I bet it smells worse than a crack heads butt !!!

=============================================

Money P you are holding the for up well!!!

Wallace makes as much sense as letting Michael Jackson babysit your mute, blind little white boy...

-John-

Wallace, I'm RICH B I T C H!!!!

Wallace I'm Rick James, B I T C H... I'm the biggest baddest blackest motha fpucker you'll ever meet! Cause I'm Rick James! B I T C H!!!

posted August 09, 2004 22:47            

quote:

---

Originally posted by Money_Penny:
But Will, you attacked Wallace so by his definition you must be a "pumper"!!!

---

posted August 09, 2004 22:57            

We have cats like Wallace who are as shady as night, attacking everyone he considers to be a pumper...

Hmmm, the only thing that will be getting pumped is Wallace's buttocks by CMKX!!!

A Day in the Life of Wallace:

Wallace is sitting over there, Depends laid out and whatnot... Him and his wife are enjoying the finest bottle of Prune Juice a person can afford... Thankfully with his AARP card he saved 5% on that prune juice

Wallace enjoys a nice evening of listening to his wife yap about his failed exploits in life, lack luster bedroom shnanigans, and just generally grotesque apperance...

Thankfully Wallace is still kickin' it here... However posters, don't get him to excited... His ticker, which is three sizes too small (nope not his dicker, but that is FOUR sizes to small too!) may short out!

Poor, poor Wallace...

I laugh at you!

posted August 09, 2004 23:00            

quote:

---

Originally posted by Upside:
Debi,
You don't really have a mean side do you?

---

posted August 09, 2004 23:04            

Name one girl, in the history of ANYWHERE, that didn't have a mean side to them?

Lol, remember our sin is our quest for knowledge, their's is temptation... which by any account
is 'meaner'

posted August 09, 2004 23:07            

I miss you buddy!!!

posted August 09, 2004 23:18            

When I tried to do that with previous girl friends they all just looked at me, oddly...

posted August 09, 2004 23:19            

Nice post. Good points. There will be many deals made selling off portions of the mineral rights and giving drilling rights on many parcels. Perhaps, cash dividends in the form of royalties will be in the works. This would put pressure on people to hold their stocks until the actual payoff of the dividends. The scenerios are limitless if there are mineral like we hope. Oil and gas royalties, uranium rights, zink and much more all invite other companies to explore and mine in a hopefully mineral rich area for a piece of the action,all the while keeping the diamond rights for the prize. This would really make this a hold, hold, hold stock.

As for the name calling and such. Please, everyone, let's try to be intelligent and at least cordial in our posts. Let's keep this an information thread and not a chest beating format.

posted August 09, 2004 23:30            

I used to have a roommate who nicknamed me Drano because I was so caustic. I have to fight that urge to let the dark side come out and play. Sometimes I have to really bite my tongue before it bites someone else. It isn't always easy to do. I am sure there are other people who post on this board who use restraint too. Thank God for them.
---------------------------------------------
I wanted to address Money Penny's question and your echo about the 1.9 million acres CMKX needs to make improvements on or forfeit the leases. The company will be letting about 500,000 acres go at some point (as per Melvin) since they have identified the most likely and valuable kimberlite fields. Whether those 500 K acres will go to one of the JV mining companies for other mineral exploration and development I am not sure.

This company has made some serious progress on the exploration front. The aerial survey was very revealing. You cannot see diamonds but can tell the size of various kimberlite formations.

posted August 09, 2004 23:33            

quote:
--------------------------------------------------------------------------------
I was reading the transcript Upside posted and I noticed that our mineral claims seem to expire within 2 years unless some sort of "work" is done on the land. My question is are our claim somehow divided into sections or does CMKX just own one big claim for 1.9 million acres? If there were sections, it seems like some sort of drilling work would have to be done on each patch of land in order for our claims not to expire but if they're all "connected" it would only require us to stick on drill into the ground in 2 years. From what it sounds like, however, there are individual "sections" of claims and we will not have enough time to explore every single one of them so we may lose some claims in the next 2 years because we don't have the resources. True?
--------------------------------------------------------------------------------

Thank you for sticking to some DD. Just wanted to repost to see if there's anyone that knows the answer?

posted August 09, 2004 23:46            

Posted by: howdy
In reply to: zeninvestor32 who wrote msg# 73801 Date:8/9/2004 10:03:08 PM
Post #of 73879

zen, here is some info to help you complete the picture a little more.

If you look at all the claims in the Fort La Corne area, you will see 3 corporations that are labled only as Saskatchawan ########### (numbers) Ltd.

The largest claim of 1.7 million acres is registered to Emerson Koch, but the land is part of CMKX, according to Melvin.

The second claim, which is named in a very similar way to Koch's claim (which leads me to believe they are connected), is registered to Rick Kusmirski. Melvin will not comment on this parcel.

The similarities are too much to not be very suspicious, imo. You can access this information the same way I did, by calling the Saskatchawan Department of Justice and asking for the Corporations Department. I think this is just another way to POSSIBLY link Kusmirski, IUC, and CMKX.

posted August 09, 2004 23:58            

You seem to think I am a basher and I really don't care about that. I know you have a vested interest in CMKX and have been pumping it...and I don't care about that either.

You did get it right about the fact that I will defend myself if "belittled". The same holds true if I am insulted and/or demeaned.
Obviously, unlike Upside, you noticed that I was belittled prior to my retorting in kind.
As I said before, I don't care who the h*ll who it is, if they belittle, insult or demean me, I will respond in kind. And don't think I cannot read between the lines of some of the comments or will accept any insult immediately followed by positive comment. I will treat the first part of such comments in kind.

You people started all this sh*t. You are the ones that will have to discontinue your sh*t. That is all it would have taken a long time ago, but ALL of you kept it up in one way or another. Granted, certain people were more guilty than others, but the others did their part by adding seemingly innocuous comments...and that includes so-called christians. All those comments just added fuel to the fire so the more guilty parties could enjoy themselves at others' expense. And, if one of those others in particular makes just one more statement, I will post what I think is happening between him, his sister and her husband.

And, Upside, well he doesn't mind making untrue statements about someone. On top of that, he does not have the integrity to go back and see where he was in error and make some kind of effort to ameliorate the situation. He just wants to ignore and run off like a coward. I had thought better of him.

posted August 09, 2004 23:58            

I do have to ask a question though is
Noahltl related to Doji? or is Money_P
a close relative.

Shadow. other than being members of the CMKX family of investors, no. What are you getting at?

posted August 10, 2004 00:10            

In order to be in full compliance with the U.S. Securities Act of 1933, Section 17(b), Evergreen Marketing, Inc. has received U.S. $2500 from PCS Edventures! (PCSV); we have received 250,000 shares of common stock from Cybertel (CYTP); we have received $2500 from a consultant of LJ International (JADE); in May of 2003 we received 5000 shares of common stock from a consultant of China Wireless Communications (CWLC) in January of 2004 we received $15,000; we have received $5,000 U.S. From a consultant of Office Managers, Inc (OFFM); we have received 200,000 shares of common stock from a consultant of International Sports and Media Group (ISME) Formerly San Diego Soccer Development (SDSD); we expect share compensation from a consultant of Warpradio.com (WRPR); we have received 50,000 shares of common stock from a consultant of Pluristem Corp. (PLRS). We have received 4000 additional shares of Pluristem (PLRS) in May 2004 and we expect to receive another 5000 shares of PLRS in June 2004 for continued Green Baron updates and webcasts; we have received 85,000 shares of common stock from a consultant of Gluv Corp. (GLVP); we received 2 million shares of V-Net Beverage, Inc. (VNTB) for public relations and promotion on The Green Baron and 2 million shares for designing, hosting, and launching a website in 2003. In 2004, we received an additional 3 million shares for ongoing consulting, website development, and webcast services; we received 2,000,000 shares of common stock from a consultant of Tropical Beverage, Inc. (TPBV); we received 5,000 shares, and anticipate receiving an additional 5,000 shares of common stock from a consultant of Alpine Air Express, Inc. ( ALPE); we have received 540,000 shares of common stock from a consultant of MISecurity Plus, Inc. (MSCU); we have been compensated 5,000 shares of common stock by Database solutions (DBSL); In April 2004 we received 15,000 shares of Caditec International (CDCI); we received 50,000 shares of common stock from The Dale Jarrett Racing Adventure (DJRT); We have received 17,000 shares of common stock from Nutri Pharmaceuticals Research, Inc. (NRIP); We received 15,000 shares of common stock and $1500 US from Consolidated Resources Group, Inc (CSRZ); We received $10,000 US from SE Global Equities Corp. (SEGB); We have received a total of 375,000 shares of American Scientific Resources (ASRO) from a consultant for webcast, promotion, and consulting services. We received 150,000 shares of common stock from a consultant of Portrush Petroleum, Inc. (PRRPF) as compensation for the distribution of this and other material. Since we are receiving compensation and may hold stock in the company there may be an inherent conflict of interest in our statements and opinions and such statements and opinions cannot be considered independent.

posted August 10, 2004 00:27            

Noahltl said he has attacked no one but me.
First, he had no cause to attack me at all.
Second, what he said about not attacking others is an OUTRIGHT LIE. Check out his past posts.

And remember, he is an admitted amateur giving advice to others on this thread. He has rarely, if ever, posted anywhere else. He is only able to post others' posts which pump CMKX. When he makes a statement, it is 100% misleading such as his statement that the "ex-dividend date is the same as the record date" and that "pro-rata means 1 for 1". As a amateur, he makes comments and gives advice as though he knows what he is talking about. THAT IS NOT TRUE. Now, he thinks he owns this CMKX CULT thread...and I guarantee you it is a CULT. Anyone who might have a different opinion is pile jumped by each and every one of the main pumper posters in an effort to drive them off the thread. Look at their history. It's all over the place the way they treat anyone with an objective and/or contrary opinion.

And, by the way, noahltl conventiently did not mention that I had the stock and sold it at a $410 loss or that I had another 10 mil shs I bought at .0002 and sold at .0005. Now that is a bit of a profit and it more than makes up for the $410 loss.

BEWARE OF ALL THE PUMPERS ON THIS THREAD

And I can read between the lines of the above comments. I have not begun to get rough and know a few things as well. Then, I really will get "abrasive".

[This message has been edited by Wallace#1 (edited August 10, 2004).]

posted August 10, 2004 00:56            

DIVIDE AND CONQUER
« Thread started on: Aug 9th, 2004, 11:45pm »

--------------------------------------------------------------------------------
I just figured I should elaborate just a little. Most of you got my point I hope.

To beat your opponent, one of the best ways is to divide and conquer.

posted August 10, 2004 01:22            

"August 2004 Focus Stock

CMKM Diamonds, Inc. (Pink Sheets: CMKX)

Closing PriceAugust 9, 2004 - .0004

Website address: www.casavantmining.com

“The Stock Play of a Lifetime”

TonightThe Green Baron Reportis upgrading the status of our recentStock to WatchCMKM Diamonds, Inc. (CMKX) to a fully profiled pick for our members. The stock will now be added to the storied list of previously profiled stocks on our homepage at www.thegreenbaron.com, and percentage returns will be based on today’s closing price of .0004 per share.  Please note that although our parent company has not been compensated in any way for the release of this information and does not expect to be compensated by CMKX in the future, our parent company Evergreen Marketing, Inc. and its employees currently own a substantial long position in shares of CMKM Diamonds, Inc. (CMKX).

CMKM Diamonds is involved in the exploration for diamonds in the Canadianprovince ofSaskatchewan. Exploration is being aggressively pursued in the Forte a la Corne area in centralSaskatchewan, where the company holds mineral claims to more than 1.4 million acres. Geologists believe the diamond-bearing kimberlite pipes inSaskatchewanwere formed some 100 million years ago. Compared to the diamond-bearing pipes inSouth Africaor theNorthwest Territories, Forte a la Corne pipes are huge. This information is located at the CMKX website at www.casavantmining.com, which is currently being updated partly because of the tremendous number of recent press releases and corporate developments that have occurred over the past 60 days.

About one month ago onJuly 13, 2004 ,The Green Baron Reportalerted our members that we would begin following CMKX as aStock to Watch. In that report, we stated that further due diligence would be required for us to feel comfortable enough to urge our members to own this highly speculative pink sheet listed stock. The Green Baron Reporthas grown extremely skeptical of Pink Sheet listed companies in general since these companies are not required to be fully reporting. We had shown reservations about CMKX because the only information we had concerning share structure was that the company had set the total authorized number of shares the company could potentially issue at 500 billion.

In subsequent updates,The Green Baron Reportalerted our members of additional press releases that reported CMKX shareholders would be rewarded with stock dividends of three different companies; a bulletin board stock called US Canadian Minerals (UCAD), a pink sheet listed stock named Juina Mining (GEMM), and shares of a company not yet listed called Casavant International Mining. The share dividends will begin to be awarded to shareholders of recordAugust 20, 2004 . Although we were excited by each new dividend announcement,The Green Baron Reportwas still apprehensive since it was not clear how many shares would be rewarded per share owned in CMKX.

Our upgrade of CMKX, is based among other reasons, on the fact that the respected and renowned legal council for CMKX, Mr. D. Roger Glenn at Edward & Angell, LLP, is still actively working with CMKM Diamonds. In a recent press release, it was noted that Mr. Glenn was planning on traveling with the company’s management toSaskatchewan…to facilitate the company’s becoming fully reporting. Our sources indicate that this meeting will take place this week. Please understand that in all our experience, we have never seen an attorney of Mr. Glenn’s reputation associate himself in the public eye with a pink sheet listed company. We have concluded that his ongoing relationship to CMKM Diamonds indicates that there may be much more positive developments yet to be announced.

The Green Baron Reporthas calculated the potential returns from previously announced stock dividends, and views the strong possibility of additional stock or cash dividends. Our calculations indicate that at the current price of .0004 per share, even if the company has reached its total authorized stock issuance that an owner of CMKX stock at these levels could still stand to see a very nice return of its investment over time. The recent press release stating the receipt of $3,000,000 cash, and the inclusion of multiple partners in its mining projects lends further credibility to the company.

posted August 10, 2004 01:40            

quote:

---

Originally posted by noahltl:
Well, Wallace has all the pumpers shaking in their boots now. He's threatening to get 'really rough'. LOL He's also driving off all of the investors who come here for stock information. Hmmmmm. Maybe that's his intent. Hope we have a PR soon that brings an end to this nonsense, and allows us to move into some sensible discussion on this thread.

---

I think I'll go to bed. If Wallace is going to really get naughty, I'll pass. Hey Walla$$, chill out, man. Get that chip off of your shoulder. 1000 pumpers can't all be wrong...