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![]() CMKX ... VI ... The Saga Continues (Page 14)
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| Author | Topic: CMKX ... VI ... The Saga Continues |
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WinsumLosesum Member |
Off topic, but could come in handy: New AmericaGripes.com Seeks to Become America's Displeasure Expression Depot SEMINOLE, Fla., Sept. 9 /PRNewswire/ -- AmericaGripes.com marries the Contacts: IP: Logged |
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WinsumLosesum Member |
***NEWS*** U S Cdn Minerals Inc (OTC BB: UCAD) Last Update: 1:16:00 PM ET Sep 9, 2004 LAS VEGAS, Sep 9, 2004 (BUSINESS WIRE) -- U.S. Canadian Minerals Inc. (UCAD) announced today that it has exercised a portion of its option with CMKM Diamonds Inc. (Pink Sheets: CMKX) to purchase an additional 1.66% interest in all of CMKX's mineral claims for $2,500,000 USD. Under the agreement reached in July, UCAD has a one-year option agreement to purchase up to an aggregate total of 10% interest in all of the mineral claims held by CMKX for a total of $15 million USD payable to CMKM Diamonds Inc. With the exercise of this portion of the option and previous option exercises and transactions with CMKX, UCAD currently holds 9.16% of all of CMKX's mineral claims. Should UCAD exercise its remaining portion of its option, the company will hold 15% of all of the CMKX mineral claims. Rendal Williams, CEO of UCAD, stated, "The company expects to exercise additional percentages under the option as we move forward, increasing our holdings and asset base with 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 [This message has been edited by WinsumLosesum (edited September 09, 2004).] IP: Logged |
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blueeyedtraderboy Member |
So we just recieved 2.5 million in cash or will be getting very shortly... Eat that Wallace You lose more and more credibility by the second. -Byrd- IP: Logged |
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blueeyedtraderboy Member |
When POS Speak for themselves: "Still think I will be the one "GLOATING" in the end though and I have already made money on CMKX twice." That sums up "Wallace#1"... Don't worry I know a few of us will be "GLOATING" when you drop dead... Chao! -Byrd- (P.S. Wallace go clean your car, I left you a present on the Windsheld) IP: Logged |
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gmac78 Member |
Byrd, LOL--- You are a "trip"!!! Sic him! ------------------ IP: Logged |
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will Member |
.0003 / .0004 , we have to do better than that. The NSS date I take it has been moved from 8/20 to 9/24. I'll be waiting to see if it happens then. If it doesn't then I'm sure it should ocurr the pay date of the CIM dividend. Just waiting for some movement in the PPS. IP: Logged |
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JEAL Member |
Volume low again today - 1,000,452,224 as of 1:38 PM. And this hasnt even rolled over once yet. Feels like I am talking about an odometer on an old Pontiac........ IP: Logged |
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rde3 Member |
rollin rollin rollin, Yaa hoo !!!!! Before you ask, the money came from a private placement made yesterday. Check out UCAD's PR for yesterday.... IP: Logged |
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Wallace#1 Member |
Hi will, Guess I will go back to sleep now that I have awakened all the flys and hornets. Bye y'all! IP: Logged |
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JEAL Member |
So who is the private investor? IP: Logged |
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JEAL Member |
SGGM sure has a different face today dosent it? Profit taking maybe? IP: Logged |
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noahltl New Member |
quote: SGGM ???????? IP: Logged |
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JEAL Member |
NOAH - I have always watched and respected your posts - thank you. SGGM? Almost has to make you maybe wonder dosent it? IP: Logged |
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blueeyedtraderboy Member |
Yes Wallace, go crawl back into your little hole... P.S. I left you a little 'byrdie' surprise down there... Ohhh, and yes, this byrd ate four pounds of blueberries just for you Tiddlely-winks Wallace -John- IP: Logged |
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blueeyedtraderboy Member |
The money could also becoming from private individuals connected within or connected to SGGM, UCAD, ect... Suppose a few 'real' investors, people with one or two plus million dollars, ready to jump into CMKX... If they contacted CMKX would it be unethical for Roger (not that he would do anything unethical, in my opinion) or Urban to stear these people into these other companies perhaps, revitalizing capital for the other mining companies, who I must say have much needed equipment (perhaps this is why we are getting them onboard, or one of many reasons?) to use for drilling... So my question is perhaps more private investors are going straight to them, in addition to taking stock positions, to these other companies, UCAD, SGGM, EL Captain, CIM even (perhaps?), CMKX in the end would get the money, or a chunk of it, while at the same time, these other companies get a new influx of cash, which could lead to more investors. Would this be illegal or unethical for CMKX to steer big-time investors to these other companies, knowing in the end CMKX gets the cash, everyone benfits this way, no? At first glimps I don't see what would be wrong with that. Thoughts? -John- [This message has been edited by blueeyedtraderboy (edited September 09, 2004).] IP: Logged |
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noahltl New Member |
Judy, one of the mods at PalTalk, called SGGM IR person again today and got update. Here are her notes from the conversation:
located in Canada outside of Edmonton, Vicky jcline1: SGGM is a “NEW DEAL” company that has been dormant for 15 years and there will be a new BOD, business plan, etc. that will be PR’ed within the Next week IP: Logged |
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rde3 Member |
I don't think the MM's know what to do with all this information.... Ha Ha Ha LMAO !!!! IP: Logged |
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blueeyedtraderboy Member |
Really makes me whish I had money to put into SGGM... Lol... the level II's are crazy... Ohhh well... Our day will come There is always a plus side of being held down at these levels... Accumulation!! 40 dollars gets you 100k shares, remember on its way upto two cents, you can flip that and get some of your orginal investment, all in my case, hehe.. All these companies seem to becomming active when the align themselves with CMKX. People are shelling out serious cash, not just big investors, the little guys like us... We hold cliams that are the size of RHODE ISALND... Guys... we are just miles away from Debeer's pipe, as well as Shore's... We have precise areial maps showing potential mineral hotspots... We have huge influx of cash comming in... It is heating up and honestly, I think things are moving alot faster now... Think back to May/June when there was no news, or the intital vague news, look how more concrete things have become. We have cash on hand from these deals, things are going through... CMKX and their partners really seem to be picking up speed. -Byrd- [This message has been edited by blueeyedtraderboy (edited September 09, 2004).] IP: Logged |
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dwman Member |
I thought this was rather interesting. I wonder if they are involved with SGGM. From their study, Canada is number 2 in a list of the ten best countries to invest in minerals. Some interesting stuff in the left side menu. http://www.dolbear.com/rankingcountries%202003%20Survey%20120502fullpres_files/frame.htm IP: Logged |
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blueeyedtraderboy Member |
"South Africa - 7 to 4 - Required Distribution of Properties to “Disadvantaged” is a Tax " Yeah I really want my investment dollars going to SA... -byrd- [This message has been edited by blueeyedtraderboy (edited September 09, 2004).] IP: Logged |
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dwman Member |
http://www.dolbear.com/personnelLM.htm Note that Rachal Lewis, Jr. is a former VP of St. George Metals. I don't know what this has to do with anything but Behre Dolbear & Company, Inc sure has some technically bright people working for them. Some specialize in structuring for mergers. Like I said...maybe they are not remotely associated with any of our companies. JMO IP: Logged |
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HarryHar Member |
Let's keep in mind that a company has to have pretty damn good proof that their money is going to a place that is going to let it grow before they decide to throw millions of dollars into an investment such as CMKX. This is what, the 4th? 5th? company in the last couple months that's given considerable stock and/or cash to own part of CMKX's claims? IP: Logged |
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VNGNTN1 Member |
JEAL The point is that it isn't just an investor; it is many different folks have come forward to accept some kind of deal. The thing to remember is that either they came to CMKX or CMKX solicited them, In any case these folks were presented information NOT available to us as shareholders. IF you are a "sleuth" searching for clues and 5,6,7 people react to something in the same way, you can logically assume they are being told the same thing. Whatever this is must be good because the shareholders of all these companies suddenly spikes. My plan is to purchase each of these companys in proportion to the value they hold in relationship to CMKX. Then as CMKX comes into it's own (which it must) or all these saavy investors will be VERY UNHAPPY. VAN IP: Logged |
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noahltl New Member |
zeninvestor: ROGER = "ATOMIC FIREPOWER"! Posted by: zeninvestor32 GOOD POST. NEW DD. Kudos to diamonddays on RB for this nugget dug up on Roger. Hadn't seen it before. There is a section in the PDF on deals valued at $150M+ that month. Roger's deal is in there (pp. 20-21). As a side note, I can tell you that 80-90% of the counsel used in the deals listed on these pages are THE MOST PRESTIGIOUS LAW FIRMS IN THE COUNTRY. For what it's worth, I kind of chuckled at one of the deals since I had worked with the partner that was on that deal (he was a complete nutjob but about as brilliant as they get). Yes, do your own research if you'd like but I can tell you that when you are in the company of Cravath Swain, Jones Day, Wilson Sonsini, Morrison & Forrester, Weil Gotshal, Wachtell Lipton you are amongst rare air in the legal world. Run those names by your lawyer friends and you will see. Deals at this level require the MOST COMPETENT legal counsel available in the country. I am in this stock today for the same reasons, or I should say reason, as I was the day I initiatied my cmkx position. Roger. Period. Nice find Diamonddays. Just more evidence that we are in the hands of someone with tremendous expertise, and someone at a level that shorts have likely not faced before. Most pinks/otcs will rattle sabers about the shorting but have no firepower to do anything about it. And the shorts absolutely KNOW it. IMO, Roger is not saber rattling. IMO, he is delivering an ultimatum backed by atomic firepower. And the shorts absolutely KNOW it. The ONLY advantage the shorts had IMO is that they knew this would take TIME to unfold. And they tried to play that card to the hilt rather than begin an earnest campaign of covering from the start. And IMO this strategy has backfired and Roger has made their escape that much more difficult. I don't know when the knockout blow will come but I doubt the shorts can dance around the ring much longer. They are well overmatched at this stage IMO.
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 |
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noahltl New Member |
This is a second hand repost. The original poster is a know basher on RB, so be careful on thin one. But if true, it would be very telling of our links with SGGM
Got this off RB, take it for what it's worth FROM iHUB board re: SGGM and IR being UC's niece http://www.investorshub.com/boards/replies.asp?msg=4001836 I noticed the name Vicky Curran mentioned the other day , and that she's suppose to be the IR of SGGM . Well I waited until I checked my notes at my other house to make sure I had remembered the name correctly. This is funny , Vicky Curran is Urban Casavants niece , and actually is Ron Casavant's daughter. Remember when I mentioned about the family member who I was told was in over their head in CMKX? Wasn't it just the other day that Urban was quoted as saying he didn't know anything about SGGM ? Sure seems funny that he wouldn't know about a company that his niece works for. IP: Logged |
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case Member |
Sorry if todays article has been posted already. I just skimmed over todays talks here and didn't notice todays article: U.S. Canadian Minerals Inc. Exercises Additional Purchase of CMKM Diamonds Inc.'s Mineral Claims for $2,500,000 USD Business Wire via COMTEX Sep 9, 2004 1:16:00 PM LAS VEGAS, Sep 9, 2004 (BUSINESS WIRE) -- U.S. Canadian Minerals Inc. (OTCBB: UCAD) announced today that it has exercised a portion of its option with CMKM Diamonds Inc. (Pink Sheets: CMKX) to purchase an additional 1.66% interest in all of CMKX's mineral claims for $2,500,000 USD. Under the agreement reached in July, UCAD has a one-year option agreement to purchase up to an aggregate total of 10% interest in all of the mineral claims held by CMKX for a total of $15 million USD payable to CMKM Diamonds Inc. With the exercise of this portion of the option and previous option exercises and transactions with CMKX, UCAD currently holds 9.16% of all of CMKX's mineral claims. Should UCAD exercise its remaining portion of its option, the company will hold 15% of all of the CMKX mineral claims. Rendal Williams, CEO of UCAD, stated, "The company expects to exercise additional percentages under the option as we move forward, increasing our holdings and asset base with 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 Customize your Business Wire news & multimedia to match your needs. Get breaking news from companies and organizations worldwide. Logon for FREE today at www.BusinessWire.com. IP: Logged |
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will Member |
Right, like someone here would miss that, lol IP: Logged |
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kbpkt Member |
Not sure if someone here already posted this or not. Sorry for the double post if it has been posted already. http://www.stockpatrol.com/schlock/doghouse/u_cmkm5.html IP: Logged |
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case Member |
Will: I'm not to great with under standing these articles. Is this article U.S. Canadian Minerals Inc. Exercises Additional Purchase of CMKM Diamonds Inc.'s Mineral Claims for $2,500,000 USD Is this GOOD news or Not, I'm a NEWBY (as you guys call begingers) So is this Good or Not??? IP: Logged |
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blueeyedtraderboy Member |
I'd say this is good news as it gives us capital from a affiliate company that has drilling equipment Sounds good to me!There are a few more surprises in my opinion that are comming our way... SGGM was sort of a surprise... so maybe there will be a few more mining companies to come out? -John- IP: Logged |
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case Member |
blueeyedtraderboy: Thanks for the answer! NOW, I'm getting excited! Thanks for helping me under stand it better! Take care! Casey IP: Logged |
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blueeyedtraderboy Member |
Just keep in mind something unsual is happening, and so far it seems to be good, free shares of three companies, possibly more to come... I think all together we will recivie (we being CMKX Diamonds) roughly 20 million+ in Cash... In addition to all these shares... That is money for new property elsewhere for later on, money for share buy back, money for dividends, money for drilling equipment, the uses are endless.. -John- IP: Logged |
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kbpkt Member |
Click on this link... http://www.stockpatrol.com/schlock/doghouse/u_cmkm5.html I think you will understand these PR's a little better. IP: Logged |
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case Member |
blueeyedtraderboy: So, do you think the share price will go up from the .0004 ? Like hiting .01 would be GREAT!!! You're a big help! Thank You again!! IP: Logged |
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will Member |
Just don't get too excited. Someone gives someone 2.5M$, for 1.66% of their total claims, sounds like good to news to me. Good news for CMKX, they have an additional 2.5M$. You have to belive if UCAD is willing to give 2.5M$ they ain't buying a pig in the poke. So, it better end up being good news for them too, which could be good news for everyone. There are still a lot of unanswered questions regarding CMKX: O/S All these moves and dividends are good, but just remember the downside. So, again, don't get too excited.
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Wallace#1 Member |
case, Suggest you wait for an answer from "will" on CMKX before you get too excited over what you were just told. Bye IP: Logged |
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case Member |
Any one: So, do you think the share price will go up from the .0004 ? Like hiting .01 would be GREAT!!! You're a big help! Thank You again!! I was thinking about buying more! Then I would have 3 millionn shares and if it hit .01 that would be $30000 if I did the math right!! [This message has been edited by case (edited September 09, 2004).] IP: Logged |
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will Member |
Yea it would be great. "IF", the big IF, it ever hit .01, you could expect alot more behind that. You asked if I thought it could hit .01. That's possible IF all those open issues are answered, favorably. I would be very sceptical of that happening though. If you want to make quick money here, it appears Van has the answer. Buy shares of the companies CMKX is making deals with. UCAD was about $3 when the announced their deal, went to about $6 - 7, SGGM was .01 when they announced their deal, went to .70, GEMM had a more modest gain, didn't follow the numbers, I'm sure someone did. I don't know how this thing will play out. Some people believe whole heartedly in CMKX and the management, others think CMKX is ran by clowns. If they find enough diamonds, Bozo could be running it, and they'll make money. Question is, what will CMKX be when they do find diamonds?
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case Member |
Thank You! I'm going to get off the computer, so I can call my girl friend and tell her we will be able to buy that house when we get married, maybe a GREAT honey moon also. Thank you guys for the help!! Bye! IP: Logged |
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will Member |
As sugar plums dance in his head, and when he awakes he finds that wasn't sugar plums at all, but the dogsh|t fairy snuck into his dreams, and smeared something else in his hair. quote: IP: Logged |
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noahltl New Member |
quote:
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will Member |
See, there is a responsibility that comes with posting. There's a guy that only saw what he wanted to see. I wasn't trying to save him, only tell him, "hey there's a downside here too." I guess he already had his mind made up. Seems you can't give people advice on this stock. They see .0004, and think a penny, and somehow are spending $30,000. People are influenced by comments on these boards. If they only see the positive side and not the negative side they don't understand the risks. I know it is his responsibility to investigate things for himslef, but he didn't and won't. He took the shortcut, and came here. Hope that house he's planning on doesn't wind up being behind an appliance store, those refridgerator boxes tend to get soggy in the rain. IP: Logged |
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will Member |
Well, noah, I commend you. I do think mr. case was putting us on though. He seemed too gullible. That's ok though, was a good "case" study of what could be.
quote: [This message has been edited by will (edited September 09, 2004).] [This message has been edited by will (edited September 09, 2004).] IP: Logged |
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highwaychild Member |
.01 would be SWEET,but I don't think it'll happen over night.I think it'll take some substance(what will said).No BS,substance. I think UCADs 2.5 mill U.S.$ for 1.66% of CMKXs 1,400,000 acres mineral rights in todays PR,also see the last PR(10,000,000 U.S.$) can't do anything but help us get some substance(((REVENUE!!!))) IP: Logged |
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case Member |
Thats not nice to talk about me being gullable!! My girl friend went shopping, so I told my future father in Law and all he did was laugh at me. I just don't under stand why every one likes to steal peoples DREAMS!! noahltl - You are right though! Risky this stock is! But, you don't get rich by following the crowd!!You get rich by doing what others will do before they do it! This stock does have a lot of ifs, but I haven't ran across one like this one and all of it doesn't make sense to me as I never experienced one quite like this one. With my LUCK they will go bankrupt and give their claims away. You guys take care, I'm for ever reading. You guys help me out alot!! Casey! IP: Logged |
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Money_Penny Member |
I don't know I see today's news as neutral at best. Yes we got 2.5 million but that's a drop in the bucket, well actually a drop in the ocean when you consider 800b O/S, but we lost 1.66% of our mineral claims, our valuation, our future profits. If our mineral claims were worth "only" 100b (I think they're worth a lot more than that), CMKX just gave UCAD 1.66b $. Not bad for 2.5 mill. Go ahead, call me a basher LOL, I'm grumpy today. ![]() IP: Logged |
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will Member |
case wrote: "With my LUCK they will go bankrupt and give their claims away." I don't see where that scenario is connected exclusuvely to his luck. Might be on to something there though ??? I'd say an outcome like that would have nothing to do with luck.
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noahltl New Member |
Wouldn't worry too much about case. Seems to know his way around pretty well:
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will Member |
Me worry, about case? NEVER! Matter of fact he came the closest to articulating my fears when he said, it woould be his luck they go BK and give away all their claims. IP: Logged |
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case Member |
Will: "With my LUCK they will go bankrupt and give their claims away." I have had that happen while
Best Bid: Unpriced IP: Logged |
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