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![]() CMKX ... VI ... The Saga Continues (Page 12)
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| Author | Topic: CMKX ... VI ... The Saga Continues |
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tradingpennys Member |
quote: That is what I have seen for weeks. Also ones like 9,999,999 or 9,999,900 really wierd with the 9's. IP: Logged |
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dwman Member |
quote:
I think it is uranium. Here's why. http://www.cna.ca/english/Media_Room/releases/Aug%203-Media%20release.pdf
JMO IP: Logged |
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noahltl New Member |
SGGM .14 / .15 Forgive me for thinking out loud, but SGGM's AS is 900 billion. CMKX AS at 800 billion. Wouldn't a one for one share merger into SGGM make a lot of sense. If we did that, our CMKX shares would be worth .14 today. Well I can dream can't I? IP: Logged |
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noahltl New Member |
If we don't merge, our 200 billion shares of SGGM is now worth 30 billion dollars to CMKX. If we don't merge and only get a dividend of the SGGM shares, it's gonna be really sweet. IP: Logged |
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glassman Member |
quote: good thinking Noah----if they find diamonds in QUANTITY it might even hold a higher value than CMKX'x current..... IP: Logged |
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noahltl New Member |
If SGGM is going up this quickly with no reason on the surface, then something has to be going on behind the scenes. .14 on the bid and .18 on the ask. Voume at 222k IP: Logged |
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kevy0899 Member |
Hi Bill... I emailed ETRADE a similar question. Find below a part of their response.. I emailed them a second time asking them if the 1/1 spinoff was with GEMM and they replied yes. Hope this is useful. Thank you for your inquiry regarding the pending CMKX spin-offs. There are currently three spin offs taking place. The ex-date for the first transaction is 8/20/04. This is the date on which the seller, and not the buyer, of a stock will be entitled to a recently announced dividend/spin-off. It is indicated in newspaper listings with an "x". The shares from the spin-off are due to payout on 9/24/04. The terms of the spin off are 1 share for each 103950 shares held of CMKX. If you are due to receive the shares, you should see them appear in the first week of October.
quote: [This message has been edited by kevy0899 (edited September 07, 2004).] IP: Logged |
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noahltl New Member |
Glass, I understand that such a merger would lower the pps, but remember the Nevada Secy of State's report reposted before, Note the 950 billion in assets. I keep wondering if CMKX has alread transferred our assets into the SGGM shell in preparation for a one for one merger. If so, then the CMKX to SGGM merger shows our valuation at 950,000,000. Being true, then I don't believe the merger would have much of a negative impact on pps. NEVADA SECRETARY OF STATE Company Name: ST. GEORGE METALS, INC. INDEX NUMBER 0000848626 Type: REGULAR (DOMESTIC) Status: ACTIVE (REINSTATED) Standing: CURRENTLY IN GOOD STANDING Status Date: 7/19/2004 Filing Date: 6/13/1984 Duration: PERPETUAL State or Country of Incorporation: NEVADA Purpose: ALL LEGAL ACTIVITIES; HAS NO GAMING Registered Agent: MARK GIEBELHAUS Registered Office: 1350 E FLAMINGO RD #688 Additional Information: HAS LIMITED LIABILITY Filing Number: C4070-1984 Annual Report: Date Due: 2005 Stock Information: Par Value: $ 0.001 Officers, Directors: MARK GIEBELHAUS R. ROSS BLUSSON History: File Date: 8/6/2004 File Date: 7/23/2004 File Date: 7/23/2004 File Date: 7/19/2004 File Date: 7/19/2004 File Date: 7/30/1993 File Date: 8/22/1991 File Date: 12/31/1990 File Date: 12/31/1990 File Date: 2/14/1989 File Date: 7/6/1987 File Date: 11/22/1985 File Date: 6/5/1985 IP: Logged |
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ali Member |
Bought SGGM @ 0.05 sold today @ .14 ...only 10000 shares...not bad $900 profit.... still dividents to come through CMKX GO CMKX IP: Logged |
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noahltl New Member |
Melvin on PatTalk for drilling update. They quit drilling on Saturday because it is too wet from the rains and making it dangerous to drill. Will give it time to dry up and start drilling again later this week. Were at 700' when they stopped and still in the same "Stuff". Geologist will be there this week to examine and assay the "Stuff". When they resume drilling, it will be a new hole nearby to the present hole. IP: Logged |
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noahltl New Member |
SGGM now .23 / .30 IP: Logged |
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noahltl New Member |
Now .30 / .35 This things on fire this afternoon. IP: Logged |
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WinsumLosesum Member |
SGGM opened @ .09 Was .018 around 3:30, then just jumped directly to .28 and is now .35 ???????????????????????????? IP: Logged |
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noahltl New Member |
Ask at .40 IP: Logged |
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WinsumLosesum Member |
quote: That's a typo, right? 950 Billion dollars? IP: Logged |
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tic_toc Member |
whats the bid? IP: Logged |
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WinsumLosesum Member |
SGGM just traded @ .40 CMKX just traded @ .0004 IP: Logged |
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dwman Member |
I smell sggm pps increase to $.50 to $.56 and then 1 for 1 merger announcement. Go sggm. ![]() IP: Logged |
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dwman Member |
those sggm pps increases are occurring on volumes of 1 to 5 thousand. IP: Logged |
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WinsumLosesum Member |
Just for the record... sarki316
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bill1352 Member |
i dont know about you folks but i think sggm has been the best stock buy i've seen in a while .02 a week ago to .32...that a passable % increase for 1 week. the a/s might be 950 billion but the float cant be over 10 million maybe 20 million. it has to be more then ucad they are up 1.05 on 55 thousand IP: Logged |
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dwman Member |
I forgot about that win... yes... go sarki! IP: Logged |
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skippy Member |
Has anyone considered the "ium" to be palladium? It is a precious metal used globally. Just a thought. IP: Logged |
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dwman Member |
The comment was made by someone that 3 or 4 questions were asked about the mystery metal and none of the guesses were right. Surely uranium should have been one they asked about and got a "no" answer. Does anyone know if uranium was one that was mentioned. I still think it was uranium. IP: Logged |
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prdponce Member |
BIG TIP!!!!! The next time play the CO. that CMKX get into an agreement with. See UCAD, GEMM, SGGM they all went up, yet we stayed the same. Still holding
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noahltl New Member |
Our JV's had a great day. Our turn can't be far behind. Can it?
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skippy Member |
I agree, uranium would be an obvious guess, just don't know that palladium would be. IP: Logged |
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bill1352 Member |
kevy0899 Member posted September 07, 2004 15:08 -------------------------------------------------------------------------------- Hi Bill... I emailed ETRADE a similar question. Find below a part of their response.. I emailed them a second time asking them if the 1/1 spinoff was with GEMM and they replied yes. Hope this is useful. Thank you for your inquiry regarding the pending CMKX spin-offs. There are currently three spin offs taking place. The ex-date for the first transaction is 8/20/04. This is the date on which the seller, and not the buyer, of a stock will be entitled to a recently announced dividend/spin-off. It is indicated in newspaper listings with an "x". The shares from the spin-off are due to payout on 9/24/04. The terms of the spin off are 1 share for each 103950 shares held of CMKX. If you are due to receive the shares, you should see them appear in the first week of October. The second spin off's ex-date is 8/31/04, with a pay date of 10/1/04. The terms of the spin off are .0256 shares for each 1 share held of CMKX. The third spin off's ex-date is 9/17/04, with a pay date of 10/3/04. The terms of the spin off is 1 share for each 1 share held of CMKX.
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WinsumLosesum Member |
quote: But if the "ium" was still such a secret, what do you think would have been the answer even if the guy got it RIGHT? I can't imagine a company deciding to keep something confidential... UNLESS some GUESSES it ! IP: Logged |
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dwman Member |
Good point win, but I would hope they would not invite guesses and then lie about the answers. I really have no basis for thinking they would lie though. Also, that it is uranium is just my opinion but it sure would help the government's energy shortage. IP: Logged |
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noahltl New Member |
quote:
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prdponce Member |
From Another board. By: tonicma [This message has been edited by prdponce (edited September 07, 2004).] IP: Logged |
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bill1352 Member |
noah...no cim was the 7/19/04 and gem was 8/02/04 IP: Logged |
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kevy0899 Member |
I have to admit... I was shocked too. But I am also new to this and didnt really know what to think. Thanks for the response.
quote: IP: Logged |
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kevy0899 Member |
I just sent ETRADE a mail asking them to confirm or deny the 1/1 GEMM statement they made.. I will let you know the response.
quote:[/B][/QUOTE] IP: Logged |
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noahltl New Member |
quote:
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$CashMaker$ Member |
Market Cap 273,779.20* Shares Outstanding *Numbers include tradable shares only Today's Volume [This message has been edited by $CashMaker$ (edited September 07, 2004).] IP: Logged |
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cndboy Member |
holy shmoly.... what happened to SGGm today? any news release ? nice jump IP: Logged |
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noahltl New Member |
COMPOUNDED MATH by zeninvestor Posted by: zeninvestor32 COMPOUNDED MATH Assumptions: 1. 800B share naked short. 5:1 ratio on 800B naked short shares equals a 4 Trillion share short position hitting the books on SGGM for those short. Multiply that by .35 = $1.35T share short position. LOL Do I believe the above will happen? No. Do I think it's possible? Sure, anything's possible at this stage. LOL I challenge someone to give me an argument as to why the above could NOT happen outside of my variables being off. Fun food for thought and proof positive that we know NOTHING since there are so many variables at the company's disposal. This has got to be the finest mystery ever crafted in the history of the financial markets. I can't wait for the resolution. Hopefully it will be a Sixth Sense-like spinaround that leaves you breathless. Excuse me, I have to go back to the counter for my free popcorn bucket refills.
As always, these are my personal opinions. Hopefully nobody in here is investing anything but "fun" money that they can afford to gamble with. http://www.investorshub.com/boards/read_msg.asp?message_id=3981092 IP: Logged |
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noahltl New Member |
xxed SGGM Manipulation? I was wondering if anyone thinks that it is possible that SGGM is turning the tables on the MM's. This is the O/S as of 2002: SGGM -- St. George Metals, Inc. Shares Outstanding: 14,487,159 as of 2002-10-31 It would take about $144,871 to buy up all of the outstanding shares of SGGM at the price of .01 cents per share. If the law of supply and demand holds true, they could conceivably bring the pps up to any price they want. (SGGM could even be buying up all of the available shares themselves, to do this.) Now for specolation: What would happen if CMKX lets loose a pr stating that the entire 200 billion SGGM shares controlled by CMKX would be offered as a dividend to its shareholders, in restricted form, on a 1 for 1 basis. What would happen to the pps of CMKX? Just pure specolation. xedd IP: Logged |
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noahltl New Member |
jet0525 -------------------------------------------------------------------------------- IP: Logged |
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HarryHar Member |
In response to SGGM manipulation...yeah it probably is happening. But if CMKX distributes the only free trading shares in the market to its shareholders (200billion), and the price is manipulated up to .50, the price of cmkx will increase, and then plummet back to where it was before. Once people receive the shares of SGGM, they will sell because they know it's not worth 50 cents. Obviously it's not, since it was manipulated to get there. In the example above the price is achieved through taking away the float. But when 200 billion shares are released eventually into float, that price per share is gonna be history. It'll drop, depending on how many shares are outstanding assuming they don't have any good news of their own that is independent of CMKX's business. Just my thought. IP: Logged |
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bill1352 Member |
i'm still guessing no news till after the gemm shares are paid except maybe a pr stating they took the option on the rest of the gemm shares. i'm wondering and i have looked but no legal answer found yet...can cmkx change the shares given on CIM without a pr stating so. i don't think a pr is legally binding. as there is no otc bb post on gemm as yet and if things follow suit it will work out to a third o/s. and since the pay date is 3 weeks give or take an explaination of the differance might be nice. since cmkx doesn't seem to have any plans of telling us it might help if we knew if they can change the amount without telling anyone. 20 billion shares fits all the info we do know for sure. the a/s of 800 billion and a few shares differance for 11 trading days. that is if each shares owned has been counted for each x-date. any facts found either way would be welcome. IP: Logged |
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VNGNTN1 Member |
NOAH This is old data . - - - - - - - SGGM -- St. George Metals, Inc. Com (1 Cent) http://www.pinksheets.com/quote/company_profile.jsp?symbol=SGGM Shares Outstanding: 14,487,159 as of 2002-10-31 IP: Logged |
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noahltl New Member |
quote:
You must be talking about the repost. Yes that link is old. [This message has been edited by noahltl (edited September 07, 2004).] IP: Logged |
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tradingpennys Member |
quote: "can cmkx change the shares given on CIM without a pr stating so. i don't think a pr is legally binding. " IP: Logged |
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bill1352 Member |
well at least ucad is doing something... U.S. Canadian Minerals Inc. Receives $3,000,000 of Funding
Rendal Williams, CEO of UCAD, stated, "This funding will allow the company to move forward on several fronts in the execution of its current plans and future development of the company's financial growth as dictated by the board of directors." A U.S. Canadian Minerals Inc. executive team, with other strategic partners, will arrive in South America this week to explore the development of several key acquisition possibilities that have been targeted on previous trips. Williams further stated, "Many of the due diligence packages are nearing completion, revealing incredible potential results, which demands an additional research trip to conclude the feasibility of Level 1 priority for expanded operations inside South America." IP: Logged |
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bill1352 Member |
tradingpennies....they did give a number of shares and they gave an x-date sort of. all owners as of 7/19/04...it would be like GM releasing a pr saying everyone gets $2 and then sending $1 without saying so beforehand...it would be unethical but is it legal...the DTC count for CIM & UCAD dividends should be close not double. cutting CIM in half gives you numbers that are close. and how would the shareholders know, we can't count the shares given out any more then we can count the o/s. if UC takes CIM public he would have to start with 80 billion to keep 50% cutting the dividend in half cuts the starting a/s & o/s in 1/2 also. which in the long run isn't all that bad, if it ever goes public IP: Logged |
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dwman Member |
St. George opened at .45 and already to .60 IP: Logged |
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thinkmoney Member |
wow! sggm is .55. What is up? And I have no clue why their 5% venture with us is increasing sggm pps but NADA to cmkx. Someone is making money but its not me or CMKX at this point. IP: Logged |
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