posted September 01, 2004 10:07            

quote:

---

Originally posted by bill1352:
the funny car bothered me for a while till someone pointed out all the sponcers on the car, each paying to have their names there. it may be that the car doesn't cost as much as i was first thinking. i do wonder & am not sure is this car owned or are we just one of the payee's

---

posted September 01, 2004 10:17            

quote:

---

Originally posted by lanebro:

Word to the wise- there was one entire event this year that UC attempted to sponsor, and in the eleventh hour they returned his check.

---

lanebro

Even though you're new here (or at least have a new screen name), I assume you realize that when you make a statement like this, it's your responsibility to the board to post a link to the story, for verification purposes.

posted September 01, 2004 10:30            

--------------------------------------------------------------------------------
By: Daulphin
01 Sep 2004, 04:04 AM EDT
Msg. 75107 of 75186
Jump to msg. #
CMKX: Roll-UP mentioned, 12/4/02 PR about CMKI/Juina

4th paragraph down

Business Editors

LAS VEGAS--(BUSINESS WIRE)--Dec. 4, 2002

Casavant Mining Kimberlite International Inc. (OTCBB:CMKI) announced today a Letter of Intent to acquire Juina Mining Corp. (Pink Sheets:GEMM) a diamond mining company with working interests in producing diamond fields in Brazil.
www.juinamining.com

The Letter of Intent is subject to shareholders approval of both companies following an accelerated due diligence period. The transaction will be based on an exchange of shares at the closing prices of the two companies effective December 3, 2002 on a multiple formula to be determined. In addition, Casavant Mining Kimberlite International has agreed to provide project funding and to assist in debt reduction after audit. Notices to shareholders will be given shortly with a date of January 15, 2003 agreed among the parties for the shareholders meeting. The meeting will be held in Las Vegas, NV at a time and location to be set-forth in the Notice. CMKI intends on filing a proxy with the Securities and Exchange Commission for shareholder approval of the Letter of Intent and other corporate restructuring matters. Notices will be sent out this week.

The Juina claim is located approximately 550 km (342 miles) north of the City of Cuiaba by air charter or 724 km (450 miles) by road. With a population of about one million, Cuiaba is a major urban center in southern Mato Grosso, and is serviced with regular flights from Sao Paulo and Brasilia. Rio de Janeiro is about 1800 km (1,119 miles) southeast of Juina. The Juina claim is located within the Aripuana - Juina Kimberlite Province, the largest diamond producing area in Brazil. Kimberlites are the principal source of primary diamond deposits, and an occurrence of Kimberlite is shown on government geology maps to be in the vicinity of the boundary of Property 1000. Substantial alluvial diamond deposits have been identified by De Beers and others in the Juina region.

This is the first in many targeted acquisitions and ""roll-ups"" of existing diamond and other mineral resources companies. With a seasoned management team, high technology exploration methods that can better profile diamondiferous kimberlite pipes (both magnetic and non-magnetic), and on-line audit oversight of mining operations, Casavant Mining Kimberlite International is poised to take advantage of a consolidation of junior mining companies without losing focus on its core claims in Saskatchewan.

Urban Casavant, Chairman stated "we are a new breed of prospectors and miners. With a quantum leap in technology, both hardware and software, we have the necessary tools to quickly and cost effectively evaluate mineral claims. The bottom line is to find diamonds and other precious metals at minimum cost against the world market price. We can do that and our fellow junior mining company executives know that creating for us the perfect opportunity to capitalize on what we know for the benefit of our shareholders."

FORWARD LOOKING STATEMENTS

This Press Release contains "forward looking" statements as that term is defined by Section 27A of the Securities Act of 1933, as amended, (the "Securities Act") and Section 21E of the Securities Exchange Act of 1934, as amended, (the "Exchange Act"). All statements that are included in this Press Release other than statements of historical fact are "forward looking" statements. Although Management believes that the expectations reflecting in these forward looking statements are reasonable. It can give no assurance that such expectations will prove to have been correct. Important factors could cause actual results to differ materially from the expectations as disclosed herein, including without limitation, in conjunction with these forward looking statements contained in this Press Release.

COPYRIGHT 2002 Business Wire
COPYRIGHT 2002 Gale Group

http://www.findarticles.com/p/articles/mi_m0EIN/is_2002_Dec_4/ai_94853756

posted September 01, 2004 10:33            

quote:

---

Originally posted by WinsumLosesum:
lanebro

Even though you're new here (or at least have a new screen name), I assume you realize that when you make a statement like this, it's your responsibility to the board to post a link to the story, for verification purposes.

Thanks.

---

I'm really sorry, WIN, I cannot post a link to insider info. There is no real DD on the racing business.
Proof- There were certain poker chips they gave away with a certain city's name on them that never transpired into reason. Pit talk (among people in the biz for YEARS) gave us all the facts we needed. There are no secrets among this "family".
I DO have one those, I suppose I could post a pic. LOL. Worth hundreds on e-bay I'll bet.
Also, at that certain track, certain track officials told CMKX soldiers to immediately cease handing them out. That I saw myself.

posted September 01, 2004 10:42            

i know the top fuel dragsters rebuild after every run...are the funny cars the same?

posted September 01, 2004 10:53            

quote:

---

Originally posted by glassman:
lanebro, why don't you tell us ...]

---

Heeeeere we go. It's gonna be one of thooooose days...

From zero to annoying in 4.6 seconds...

posted September 01, 2004 10:54            

quote:

---

Originally posted by glassman:
lanebro, why don't you tell us how many times the funny car guys rebuild their engine each run? no, not weekend, per 1/4 mile?
and what's the standard parts cost on each 1/4 mile?

---

They tear down and rebuild the engine after each and every 1/4 mile pass. Change broken or worn parts as needed. Conservative estimate of cost per pass, if all goes well- $5000. You can't shove enough hundred dollar bills down the blower in five seconds to equal that!

posted September 01, 2004 11:01            

At .0003 the company is valued at $240 Million Dollars. I think that is very low considering the area we own our mineral rights in and that we have an aerial survey showing great potential for diamonds. If Roger Glenn felt comfortable taking CMKX and UC as clients and he is still with them that is good enough for me that they are legit. Roger Glenn apparently thought their office set up wherever it is, is sufficient for business and legal purposes. If Roger Glenn with his former ties to the SEC and background as an accountant with Deloitte; and spotless reputation feels that CMKX is legitimate enough for him to be associated with then I am not going to be worried about what someone posts that is unsubstantiated.

posted September 01, 2004 11:03            

quote:

---

Originally posted by WinsumLosesum:
Heeeeere we go. It's gonna be one of thooooose days...

From zero to annoying in 4.6 seconds...

Hmmm, what was that? .0004???

---

posted September 01, 2004 11:06            

PROBABLE FACTS:

U Casavant and/or family control 51% or more of CMKX. Otherwise, they could not on their own and without prior approval of ALL shareholders, have increased authorized shares to 800 bil;

As major shareholder(s), UC and family could very well have also sold themselves shares or given options at or below the par value (.0001) in order to maintain control, and, said option purchases would not show up in day to day trading of CMKX stock;

Further, any shares held by UC and/or family could easily have been transferred to another family member (just look at the reverse side of any physical certificate you may own to see the transfre blanks), thereby retaining control in the family without UC owning any shares at all, and, said transfers would not show up in the day to day trading of CMKX stock;

Another method is to create a preferred stock as was done with UCAD which gave ultimate control to (I think it was Rendal Williams and I think it was the Pref'd A) over any and all of the common shareholders;

There is not and never was any naked shorting of CMKX stock (at least not in any great amount). It is most likely that shares were being sold out of the authorized to raise monies for various pet projects other than mining incl paying for Glenn, funny car and other sponsorships, credit cards, salaries, etc., and maybe a tiny bit of prospecting for diamonds;

Another 300 billion in authorized shares provides greater opportunities to sell a good many of those shares to the unsuspecting public and thereby raise more funds from the public;

Glenn & Co were hired to keep the above as legal as possible so as to protect insiders of CMKX. It is unlikely that CMKX will survive, but the insiders will go on if they do not slip up along the way;

Issued and outstanding shares (that includes insiders, etc.) are probably now well above 500 billion...which is another result of the increase in authorized shares to 800 billion, and,

If Melvin announced on paltalk the purchase of 2 drilling rigs, based upon his record, you don't know if it is true, you don't known how old or new the may be, you don't know if they are operable and you don't know if they will be put to use for CMKX or for some other venture.

Please remember I stated that the above are what I think are "probable facts". There is a evidence to back them up, all of which you have seen in the past.
---------------------------------------------

Tamie, smart move to sell. Hope you made money or at least did not lose much. I sold my last purchase of CMKX (bought at .0001) for .0003. Again, just look at the reverse side of any physical certificates you may own and you will see that it is very easy to privately transfer (sell) ownership to anyone else without said sale being indicated over the day to day trading.

It does appear that lanebro has race track information that is unavailable to anyone who is not directly involved with race track activities. Do not sell him short or refer to him as a basher when he is just trying to warn as others have warned. It is neither prudent nor bright!

PS: I never heard of a "quiet period" either
but suppose it's possible.

Bye y'all

posted September 01, 2004 11:28            

quote:

---

Originally posted by WWJD-thru-me:
Wallace wrote: There is not and never was any naked shorting of CMKX stock (at least not in any great amount). It is most likely that shares were being sold out of the authorized to raise monies for various pet projects other than mining incl paying for Glenn, funny car and other sponsorships, credit cards, salaries, etc., and maybe a tiny bit of prospecting for diamonds;
_____________________________________________
The Naked Short in this stock has not been proven to exist but is far more likely than not. Your claim that it never was is as valid as your claim that you bought at .0001 on a day when all the retail trades were at .0003 and .0004. Making you a prevaricator or a basher. IMO-Debi

---

posted September 01, 2004 11:30            

quote:

---

Originally posted by Tamie:
I think you can buy all the cmkx you want but you cant sell it....at least I havent been able to yet

[This message has been edited by Tamie (edited September 01, 2004).]

---

posted September 01, 2004 11:31            

quote:

---

Originally posted by lanebro:

Sorry, WIN, that would be them Top Fuel Dragsters that do 4.6's and better, Funny cars are still in the 4.8's for the most part.

---

Last time I was at a drag race (not counting Front St. in Philly at midnight) was in the 70's at Atco. Shirley Muldowney raced a jet engine-powered rail. I can't remember who won. Like I said, it was in the 70's.

posted September 01, 2004 11:34            

quote:

---

Originally posted by secman:
He BOUGHT as in past tense... not very bright are you eh?

---

Secman, you have already proven your stupidity in my opinion. You did it when you drug out that chart and then didn't know how to use it. WWJD had more knowledge when she was 5 years old than you do now,IMO.

posted September 01, 2004 11:41            

quote:

---

Originally posted by WinsumLosesum:
Makes me kinda glad I invested in a race car company which hunts diamonds as a hobby.

---

posted September 01, 2004 11:50            

10 MM's lined up behind him at .0004

posted September 01, 2004 11:51            

quote:

---

Originally posted by glassman:
Noah, i thought the plan was to take advantage of the dividends to force the NSS to cover...what happened to that?

---

September 24, crunch day on dividend cover. I can wait.

posted September 01, 2004 12:01            

quote:

---

Originally posted by noahltl:
September 24, crunch day on dividend cover. I can wait.

---

When (if) the right time comes, I hope we can start a new thread, just because I like the sound of:

posted September 01, 2004 12:05            

quote:

---

Originally posted by WinsumLosesum:
When (if) the right time comes, I hope we can start a new thread, just because I like the sound of:

CMKX VII ... U.C.'s REVENGE

---

Good title Win.

posted September 01, 2004 12:12            

I'm not sure I saw this before....... I have to believe this was brought up before....... Anyway, discovered this on another board:

Link:
http://www.edwardsangell.com
Follow Links..Areas of Practice>Precious Metals

Content:
Precious Metals

Edwards & Angell's extensive knowledge in serving clients involved in the jewelry and precious metals industries originally developed as a result of the close proximity of our New England offices to what is recognized as a major jewelry center of the country, where several of the leading precious metals lending institutions have offices. Through years of experience, we have developed an understanding of the industry and its particular legal needs.

Our representation of clients in the precious metals industry encompasses a wide range of legal services, from serving the general corporate legal needs of the industry to the esoteric field of precious metals financing.

Precious Metals Financing Experience
We represent jewelry manufacturers, refiners and other users of precious metals, as well as the companies and financial institutions that are the sellers or consignors of precious metals. We have considerable knowledge in the drafting, review and negotiation of documentation involved in consignments and special Finance transactions. We understand the volatility, both in the pricing of metals and the daily swings in the trading of metals and in turn, draft documents to safeguard our clients. Although the financing sources have shifted from foreign metal houses and money center banks to industry specific financial institutions, we have continued to represent the leaders in the industry, including, Sovereign Bank, Sovereign Precious Metals, LLC, ABN AMRO Bank, N.V., Bank Leumi USA and Fleet Precious Metals, Inc.

Corporate Services

The types of corporate services Edwards & Angell has provided jewelry businesses have been varied and include, among others, corporate formation and reorganization, contract negotiations, acquisitions, and the preparation and review of financing documentation, as well as general advice on raising capital, international trade and tax related matters. The shifts in the retail and manufacturing aspect of our clients' business has required an experienced team of attorneys to proactively protect our clients.

posted September 01, 2004 12:15            

quote:

---

Originally posted by WinsumLosesum:
Makes me kinda glad I invested in a race car company which hunts diamonds as a hobby.

---

WIN,you have a great attitude! If you could go racing again some day, you really would understand why UC goes to these lengths to get his drag racing high. It is absolutely AWESOME!
Hope your dream comes true. That goes for ALL of you traders, REALLY, I mean that! I'm just really suspicious I suppose.
I came here to learn more about this side of the coin. Been reading for a couple weeks now. Got an eyeful, that's for sure.

posted September 01, 2004 12:42            

quote:

---

Originally posted by bill1352:
as it stands today to get to a o/s of 100 billion we need a 8/1 r/s. can anyone find a company...any company publicly traded with a pps of $1 and an o/s of 100 billion? even if they can prove the claims are worth 100 billion or more the pps will not go to $1 because thats the total value or 20 yrs of minings value not including the cost to mine which as is true of everything will be much higher in 20 yrs. a 8/1 r/s turn 1 million shares into 125,000.

---

I know UC has promised no R/S, but there are other ways of accomplishing the same thing. Such as a reverse merger into a shell where you get one share of the shell for each, say, 100 shares of CMKX. Or even as a dividend of a shell and not a merger and then an asset transfer to the shell.

I'm one of those who believe that a reduction in O/S is necessary and that at this O/S we will never see even .25. I think the smart move is to get this going as a viable, reporting company with the current O/S structure and only once the value is there do a R/S to get the share price high enough for NASDAQ (I hope not the American exchange as I think there is a per share charge to trade when the trade is over 5000 shares). This should help to keep the stock price from dropping on the R/S.

posted September 01, 2004 13:29            

quote:

---

Originally posted by GatorMan:
Hello, WWJD. Don't get me wrong. I'm holding on to my 20m shares. But like most on this board I have no clue as to what is going on! So I'm just going to sit tight and enjoy the ride.

---

posted September 01, 2004 13:45            

So, what are you investing in?

------------------
~,-,-< GatorMan

posted September 01, 2004 13:46            

I sent over 40 more dollars for CMKX shares I should be able to buy tomorrow !!!

Hey at .0002 thats 200k shares !!!

If it goes to .0001, Thats fine for the short-term as well, hehehe...

posted September 01, 2004 13:48            

quote:

---

Originally posted by secman:
The rides almost over last stop.. Sucker Street population... you

---

rchaud98, secman, whatever you are calling yourself today, the people at this board are not the same type you find over at Raging Bull or IHUB, or wherever you normally hang out. Your childish harangues have no effect on the longs, and even the newbies can see through your games. You come in with stupid remarks, calling me by name (which everyone here already knows). You bring no DD to back up your accusations and suggestions. Your intentions are obvious and no one here is falling for it, even if you do get support from other bashers, they are already known and discounted just as you are.

posted September 01, 2004 14:25            

quote:

---

Originally posted by dwman:
I can go back and look, but does anyone know off-hand when we are supposed to have the ucad shares in our accounts?

---

Sept 24 or 27 there seems to be some disagreement on the boards

posted September 01, 2004 14:26            

--------------------------------------------------------------------------------
Way too much is still unknown for me to know whether or not we have been mislead..

For me this is a constant reassessment of the facts..

and so far nothing IMO constitutes being "misled"..

but that is for each individual to weigh..

That is why (as unpopular as conman's post was the other day)..in one way..I can relate..

I don't expect any miracles by Oct. 31st..and I don't plan on selling shares on that date or any other particular date if I don't get the confirmation I am looking for..HOWEVER, for me the shareholder party..which is about two months away..is enough time for me to reassess the situation..and to know at least a little more regarding the direction of this stock/investment..

I personally think it would be a sign of mismanagement or the very least an uncaring for the perspectives of the shareholders if the Vegas party came and went and countless shareholders spent money on a publicized "party" without any real reason..

Again, this is only a small example of what I would reassess..but I am willing to give time for certain events to unfold (via PRs)..one being the results of the "big" meeting..and the other being the results of current drilling (drilling which is at least rumored to be connected to the new ariel survey)..

I am not in the red zone on my BS meter yet..but then again, everyone should have their own BS meters based on their own DD..

I repeat..this investment like any other..should be reassessed on a pretty regular basis..

this is what I have still to stand on (only a partial list):

1. A new TDEM ariel survey with hundreds of anomolies including oreo cookie targets-- which have not even begun to be exploited.

2. Roger Glenn still on board.

3. JV partners-- with the hope of collectively having the resources to exploit our new targets.

4. Dividends-- with the hope of more to come.

5. Unannounced results of the "big" meeting.

6. The yet to be explained real reason behind the Vegas party..

I will be reassessing each of these things in the coming weeks..

and I repeat..I don't at this time have enough information to be fair in my assessment..

Shouldn't be much longer before I can personally make at least an initial or partial one.

Good luck everyone..and patience still seems to be a factor here. diamondogg

posted September 01, 2004 15:24            

The Naked Short in this stock has not been proven to exist but is far more likely than not. Your claim that it never was is as valid as your claim that you bought at .0001 on a day when all the retail trades were at .0003 and .0004. Making you a prevaricator or a basher. IMO-Debi
---------------------------------------------

Debi, I am damn well tired of your calling me a prevaricator, a basher or other things. Previously you also implied that I was a liar, that I did something illegal and that I am unethical. You have constantly attacked me and others personally without reason.

My claim that CMKX is not or was not naked shorted to any large amount is much more valid than any claim you have ever made about naked shorting. Just look at what has happened to the number of authorized shares having been increased to 800 billion. Only an idiot would believe that would be necessary under normal business circumstances.

As far as my buying CMKX shares at .0001 is concerned, I told you and others that I had a contact on Wall Street. If you remember that very day CMKX did trade at .0001 and quite a number of shares were traded at .0001 vs .0003/.0004 (including a sale of 5 mil shs at .0001). Please do not try to mislead readers of the thread. It just so happens that I was able to buy those physical shares privately from a WS friend who might have heard something about an increase in authorized to 800 billion (I do not know for sure). As I said in my previous post above (and you claim to have physical certificates of CMKX), all one has to do is sign the reverse of the physical certificate over to someone else. Suggest you look at your certificates before you and others call someone a liar! Obviously, you are not aware that ANYONE can trade shares privately and they do not have to show up in daily trading amounts, and Debe, THAT IS BECAUSE IT IS PRIVATE. For example, I could buy your worthless CMKX shares from you if I so desired, but I am not the least bit interested. Is the concept of a private sale of CMKX too difficult for you to comprehend? Tamie, says she might sell, so if she has physical certificates you can buy her's as well and load up on CMKX all the more...your loss.

As a matter of fact, you and Tamie could make a private contract...you buying (at .0003) and her selling (at .0003) with delivery in 1 month. There would be nothing to prevent her from buying at .0001 before the delivery date and delivering those shares to you providing she could get the physical certificates within that month's delivery date. That would also be a "short" sale and it would not appear in the regular day to day trading amounts.

GLTA-DD-IMO