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![]() CMKX ... VI ... The Saga Continues (Page 28)
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| Author | Topic: CMKX ... VI ... The Saga Continues |
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RaiderJR Member |
In an earlier PR our esteemed council declared that CMKX had no pending litigation. It is a clean company. Hope that helps. You fellows can do the DD and find it pretty easily so I wont post the link. If you really want to find positive DD. The outcome of the above suit was I believe a wash if I remember right. Because some parties refused to follow through on the purchase of the stock then the whole thing was off, thus the agreement to hold the shares was null. If I remember right. IP: Logged |
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TradingWizard Member |
quote: Hi Justhis1ce, that probably would be nice, but I really don't know. Just there has been so much happening with CMKX that I kind of lost track - just getting these notices in the mail and lurking from time to time here. Right now I just in for a long term - I still think something will come out of this. So far as the UCAD divident I got the same notice, but there is nothing in my account yet. Oh well...and good luck to you. IP: Logged |
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tradingpennys Member |
Found some more info. after running a search on this web site: INFO TSX Venture go down the page to "Urban Casavant" you will see a list of businesses - Casavant, Urban A. J-Pacific Gold Inc. *Claimstaker Resources Ltd. *Northern Star Resources Inc. *Petro Plus Inc. http://www.cdnx.com/LCDB/LCDBSearch.asp?sPersonName=casa&sType4=S&sMode=S&sBasketId=&Go%21.x=11&Go%21.y=7 IP: Logged |
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tradingpennys Member |
In the above link I posted ... take a look at some of the other "Casavant" names/links. IP: Logged |
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noahltl New Member |
From another board, looks like the basher tactics may be changing. Be alert georgeburns New basher tactics. -------------------------------------------------------------------------------- They realize that they can't get you to simply sell. They seem to be shifting to a new tactic. They are going to try to get you to sell on the initial run. They are going to reinforce the short squeeze by getting more people to sell at lower levels. They are going to try to make you think that CMKX is going to run and then drop back into the dirt like it did the last time. Not going to happen. Food for thought. IP: Logged |
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glassman Member |
LOL.....that's a good one Noah.... IP: Logged |
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Upside Member |
Is this Friday still the day of reckoning for the shorts or has that been changed? IP: Logged |
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will Member |
Let this son-of-b|tch run again, and NO ONE will have to MAKE me sell. I'll be gone quicker than you can say basher, pumper, candlestickmaker. IP: Logged |
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will Member |
Of course not, Upman. Dividends are customarily paid 30 days after record date. CMKX failed to announce a firm pay date. So, if it doesn't happen even if the dividend is paid I'm sure there will be a reason for the squeeze of the century to not have happened, if it doesn't.
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Upside Member |
So even if they pay the dividend on Friday and the stock goes nowhere, the sentiment is still that the naked short position exists? IP: Logged |
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glassman Member |
i'm still a little unclear on why they can wait till the delivery date to cover. i know somebody came up with the idea that the date of record doesn't matter, but: if it doesn't, why have one? LOL the dividend may follow the shares, but you should be able to track YOUR (dividend) shares down and get them back.... [This message has been edited by glassman (edited September 20, 2004).] IP: Logged |
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will Member |
It's always a moving target here. Tell me you two haven't noticed. LOL Upside IP: Logged |
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Upside Member |
Of course we've noticed. I guess more than anything I'd just like to see some of these wild theories put to rest. But, when you've got so many people who have bet the house, family, and future on this stock, they'll keep coming up with new ones right up to the end. IP: Logged |
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glassman Member |
don't forget the mortgage on the orphanage...LOL IP: Logged |
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will Member |
Only an apologetic PR and a padlock are going to make them say, "UNCLE".
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glassman Member |
45000 shareholders and only a couple of bashers...we must be pretty good..... IP: Logged |
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will Member |
Paid bashers, lol. Where's my frigging check. I can't believe how foolheartedly some people can be. Disagree with their hopes, not even their position based on fact, but just mere hopes, and you're a basher.
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glassman Member |
you guys should check out SMTR..... IP: Logged |
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glassman Member |
quote: you think this is bad, you should try politics...LOL IP: Logged |
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Upside Member |
originally posted by glassman: quote: Nice run today on favorable news. Looks like it still might have some legs. Thanks for the tip glass! IP: Logged |
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noahltl New Member |
quote:
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Upside Member |
What's your opinion Noah, assuming the dividend is paid? IP: Logged |
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noahltl New Member |
quote:
If this stock, makes a run, I have added shares to my originial holding block, to have for turning a quick profit, but that will be all until I see what the future has in store. I could care less about the NSS or quick profits, I want to see DIAMONDS. And I will hold until I hear the awful words. "No diamonds on hundreds of drilled sites. Gonna pull out the drills and go home." IP: Logged |
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offshoretrader Moderator |
Hey glass you sure are posting alot on this board for someone who does not trade pinks whats up with that??? offshore IP: Logged |
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highwaychild Member |
quote: Don't flatter yourself. IP: Logged |
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VNGNTN1 Member |
IF A SHORT EXISTS ! Only one logical way to fix it. Remove the trading ability of CMKX stock. The MM has an infinate muber of ways and plenty of time. No hard cash has yet been required only shares. If you can short one you can probably short other related also. VAN IP: Logged |
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noahltl New Member |
quote:
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glassman Member |
quote:
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AoneFischer Member |
I m new to stock game I have been reading this board for at lest 3 months but never post anything. I had a thought. If St geogres minerals is giving us 200,000,000,000 ristricted shares and the pps for SGGM is .31 as of today wouldnt that be $62,000,000,000 investest into cmkx?That would be a lot of money for a company to invest if this stock was worthless. What is the deal with restricted shares can someone please explain to me the difference. I hope to learn a lot from this experiece and hoping cmkx will come through big, and if it doesnt well I enjoyed the ride. I will say that some of you peeps on here get a little worked up. This about make money not dictating your life. Money is the root of all evil ya know ...Restricted shares.....????????? IP: Logged |
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noahltl New Member |
Aone, in this case, the shares are "restricted" from sale for one year. The company can remove that restriction if it so desires, but otherwise, you must hold them for a year before selling them. Some of us "peeps" get excited when the personal attacks start. Others get offended if you don't accept their wise advice, and get personal. I don't think it has anything to do with the money when folks get excited in here. It's a pride issue, and that "cometh before the fall". BTW, it's not money that is the root of all evil, but the "love" of money that is. IP: Logged |
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Wallace#1 Member |
Will wrote: "...basher..." Thought you were talking about me at first. LOL noahltl wrote: ???????????? IP: Logged |
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AoneFischer Member |
yea your right, the love of money is the root of all evil.. i like your posts noah and i have a lot of faith in this company ................so are the shares worth that much........$62,000,000,000 or know? IP: Logged |
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highwaychild Member |
And did anyone notice when CMKX just said the word 'diamondiferuos' how fast this stocks pps rose?So I'm going to try it...diamondiferuos,diamondiferuos,diamondiferuos,diamondiferuos,diamondiferuos...NOW RAISE,pps,RAISE! Oh well,it was worth a try. [This message has been edited by highwaychild (edited September 20, 2004).] IP: Logged |
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noahltl New Member |
Aone, it's just my opinion, but I think we may see CMKX moved into SGGM at some point. Their AS is 950 billion. After giving CMKX 200 billion, they now have approx 750 billion left to issue. If the CMKX OS is about 800 billion as some suspect, this number is about perfect for a one to one trade with CMKX shareholders. As far as the evaluation of those shares given to uCMKX, they are restricted and cannot be sold for a year. So they will not have any actual or tradeable value for a year or until the restriction is removed. If or when that restriction is removed and 200 billion shares become tradeable, the pps will drop like a ton of bricks, if real value has not been established in SGGM that would justify that kind of pps. [This message has been edited by noahltl (edited September 20, 2004).] IP: Logged |
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highwaychild Member |
. [This message has been edited by highwaychild (edited September 20, 2004).] IP: Logged |
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noahltl New Member |
Don't forget tomorrows big debate: ********************************************
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highwaychild Member |
Ohhhhhhhhhh it ought to be good.Could you tape it for me Noah.Just kidding.I'm sure I can find the replay,I got to work tomarrow.I'm gone. IP: Logged |
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noahltl New Member |
Wonder about why our core sample results are taking so long? Look what our Shore Gold neighbors are saying about core sample manipulations by the "big boys".
-------------------------------------------------------------------------------- SGSA Update -------------------------------------------------------------------------------- From: [removed] Good morning. My name is [removed]. I am from [removed]. I am an investor in a junior diamond-exploration company in Saskatchewan called Shore Gold, Inc. This company staked a claim to property in the Fort a la Corne area of Saskatchewan (about 50 km east of Prince Albert) in approximately 1995, when the Saskatchewan Government released the Crown Land for mining exploration, when it was no longer needed (a dam had been planned that was deemed unnecessary, I infer). Shore Gold beat its competitors (a joint venture operation) to the punch by having one of its employees stay up all night so that Shore Gold could be "first in line" when the land-claims office opened for business the morning after the announcement. This story may be apocryphal, but it underscores the competitiveness of exploration in this area because of favourable aerial magnetic surveys that had suggested the presence of Kimberlite, the diamond-bearing rock named after the original deposits discovered in South Africa a century or more ago. Kensington Mining, out of Vancouver, is in a joint-venture operation with its partners, Monopros (the Canadian DeBeers subsidiary) and two minor partners. Each of the aforenamed majors holds 38% of the joint venture. I believe they have been drilling on an exploratory basis since about 1990. Their property is immediately-adjacent to Shore Gold's property. I became an investor in Shore Gold in late May or early June after the stock was recommended by a small-cap mutual-fund manager wrote about his favourite speculative plays in the mining industry. His name is Bob Boaz, and he manages University Avenue Mutual Funds in Toronto. I had done extensive "due diligence" on the stock, including reading the "bull-boards" on "Stockhouse.ca", an internet website dedicated to investing in stock-markets around the world. Some investors post messages on the message-board (aforementioned "bullboards"). Their comments were that the management of Shore Gold, including the Chief Executive Officer (CEO) Ken McNeil, had done an excellent job in exploring the property they had staked out, and that the "Star Kimberlite", a geological formation they had mapped out with aerial-magnetic survey results and with ground survey results, showed real promise in becoming a mineable area. Diamond drill-core samples had been pulled out of the ground (using two different calibres of drilling, the larger approximating 3 3/4 inches, and these drill-core samples had been sent away to Kennecot Mining's assay laboratory in Thunder Bay. Earlier smaller drill-core samples showed the presence of macrodiamonds (diamonds with size of 0.5 mm or more in any one of its dimensions) a finding that warrants further exploration by means of "bulk sampling", or analysing a large sample of rock mined with a 24" drill, a much more expensive proposition. The basis of my COMPLAINT to you has to do with the Joint Venture Kensington mining, which is immediately next-door to the Shore Gold site. In fact, it looks like the two exploration-companies may overlie the same geological formation. Kensington's diamond drill-core results were consistently reported as NOT containing mineable grades of diamonds. They had been assayed at one of the partners' laboratories, as I understand it, Monopros' laboratory in, I believe, Edmonton. When Shore Gold reported results that warranted larger calibre drill-core testing of the "Star Kimberlite" formation Kensington is purported to have demanded of its partners that the samples be retested. Upon retesting of the samples, or at least of the tailings of the samples (dammit, Jim, I'm a doctor, not a bloody Mining Engineer!), lo and behold, the results revealed that, by gum, there WERE mineable quantities of macrodiamonds, so much so that the joint venture immediately announced that they were proceeding to a bulk-sample test with a 24" drill! Moreover Kensington has demanded of its partner(s) that the other samples dating to 1997 and possibly right back to 1990 be retested by a different laboratory. I infer that any reputable mining concern retains portions of the core-samples in a "library" for just this purpose. Kensington also demanded that they retain the right to have any bulk-sample material tested in a laboratory of its own choosing, should they so desire. A number of investors in Shore Gold have expressed their concern and alarm about the propriety of the actions of certain partners in the Kensington joint venture. In light of what is perceived as aggressive actions by DeBeers (Monopros' parent) in the takeover of Winspear Resources at Snap Lake in the NWT (hostile takeover), speculation has grown that Monopros was restricting competition by attempting to sequester favourable results at the Kensington joint venture at Fort a la Corne. Some posters have launched their own informal investigation by contacting the mining consultant who lives in Belgium to ask what the likelihood is that repeated samples would fail to reveal their contents in a reputable lab like Monopros'. They were told that the Sortex machine used to recover diamonds, when properly calibrated, recovers 99% of the diamonds present in a sample, especially when used in tandem with a "grease table", apparently standard-procedure in an assay-laboratory. Even when the diamonds are deemed to be "low-reflective" under a polarized light (I'm way over my head here) the Sortex table recovers 90% of the diamonds in the sample. The mining consultant was non-commital regarding an opinion about the apparent discrepancy in the Kensington joint-venture reports. My COMPLAINT is that Monopros appears to have "botched" or "fudged" the results of the drill-core samples in order to control supply and demand of diamonds as part of their participation in the "diamond cartel" that operates throughout the world. Canada is projected to become one of the main diamond-mining countries in the 21st century. DeBeers wants to retain its status as the largest diamond-mining company in the world. They have already launched hostile takeovers of Winspear Resources, and Ashton mining (an Australian mining company with properties in Canada). They own 38% of the Kensington joint-venture. This is expected to rise to 45% after the completion of the bulk-sampling because Monopros, their subsidiary, is paying the lion's share of the bulk-sample costs. I believe Monopros/DeBeers wanted the diamonds in Fort a la Corne to lie fallow until it suited them to exploit the resource. In my opinion, this is a form of restricting competition. The basis of my complaint rests on the issue of the "fudging" of the results. I believe that this warrants an investigation by the Competition Bureau. How often are results of drill-core samples incorrect? Why does it appear that this occurred on samples dating back at least to 1997, if not 1990? Does the mining consultant (Luc Rombuts (sp?)) in Belgium have an explanation? I would be pleased to supply the reference material to assist you in an investigation, if you deem it appropriate to proceed. One internet website from England has reported the story, and they are very critical of what has gone on at the Kensington joint-venture. Their name is Minesite.com, and the URL is http://minesite.com . May I suggest that you begin there? My full address and telephone/fax numbers are: [removed] IP: Logged |
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lanebro Member |
quote: Extreme Machine has had this set-up for a while now, the Hummer looks real trick, doesn't it? Those decals/paint cost a pretty penny. I cannot believe how many handout packs they give up. I swear, EVERY person that walks by gets one thrust into their arms. When I saw so many simply tossed in the trash by uninterested parties.... what a wa$te. It is tradition to gather your own hero cards; YOUR own favorites to support. I admire their boldness. I woudn't have the guts to hawk like that. IP: Logged |
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Wallace#1 Member |
Using tradingpennys sources, I was able to dig up some info of interest. Vici (Casavant) Curran – IR at SGGM Curran, Kevin Patrick *Northern Star Resources Inc. *Petro Plus Inc (the outfit that UC was with). Note that UC also listed with Northern Star Resources Officers/Directors SGGM: Nesbit, Harrison Horseshoe Gold Mining Inc. *St. George Metals, Inc. James A. McGlasson – not available Wade, Neal O. *St. George Metals, Inc. Hoffman, William H. *St. George Metals, Inc. Not finished digging. Let's see what we can find on Explor Resources Inc (CDNX).
[This message has been edited by Wallace#1 (edited September 21, 2004).] IP: Logged |
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Wallace#1 Member |
Release of Explor Resources Inc. EXPLOR RESOURCES INC. ("EXS") Pursuant to a special resolution passed by shareholders December 29, 2003, the Company has consolidated its capital on a 4 old for 1 new basis. The name of the Company has also been changed from Odaat Inc. to Explor Resources Inc. Effective at the opening Thursday January 29, 2004, the common shares of Explor Resources Inc. will commence trading on TSX Venture Exchange, and the common shares of Odaat Inc. will be delisted. The Company is classified as a 'Mining (Except Oil & Gas)' company. Post - Consolidation Information earlier showed Gregory Leia as their lawyer. I think he was the lawyer for UC et al in that litigation posted by tradingpennys. Also note Odaat Inc...was also listed under Beverly Casavant. IP: Logged |
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tradingpennys Member |
quote: Glad someone is looking at it. Pretty wild huh? Very VERY interwoven.IP: Logged |
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tradingpennys Member |
Check out the info. at the right hand corner where it says "Navagation Options" drop down the list. Like financing... IP: Logged |
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bill1352 Member |
if there is a naked short the mm's told cmkx to shove it back on the own by date in aug. they can not buy restricted shares of ucad and they can't use common shares in their place unless the restriction is lifted before the pay date. so any squeeze is over. i wouldn't even count on the 24th being the pay date any more as that might have been changed. if you notice we are less then 10 days from the gemm pay date and no word about the split yet. no word on if they took up the option on the other 24% of gemm either. for whatever reason cmkx has decided the stockholder does not need to know anything. maybe because cmkx knows that shareholders will not sell till its either worthless or they are rich no matter what the company does. and i'm one of them that feels just that way. IP: Logged |
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Money_Penny Member |
quote: Noah & Aone, I am not an expert at this but I believe the float for SGGM may be fairly small, which would explain the rapid rise in PPS when the news came out about the 5% deal with CMKX. However, when they release the 200b shares, don't they become part of the SGGM float and cause a heavy dilution of SGGM's PPS? Or is the float in the hundreds of billions now which would mean that there won't be much dilution and the stock will hold its value? I would appreciate your opinions. IP: Logged |
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dwman Member |
Here are a couple of responses I got from Fidelity concerning dividends. RE: Stock dividends If you have any other questions or comments, please send us another message at any time. We appreciate your business. According to my records, you will receive 15.5 shares for each one million shares of CMKX you own. If you have any other questions or comments, please send us another message at any time. We appreciate your business. Sincerely, IP: Logged |
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noahltl New Member |
quote:
Float [This message has been edited by noahltl (edited September 21, 2004).] IP: Logged |
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dwman Member |
Interesting. Steady .0003 this morning. No 2's. Anyone have L2's? IP: Logged |
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noahltl New Member |
quote: Dw, all threes so far and low volume - 134 million IP: Logged |
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Money_Penny Member |
Noah, Does anyone know what the float is for SGGM at this time? Have there been any speculations as to how much dilution will occur when the 200b hit the market? Thanks IP: Logged |
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