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Author Topic:   CMKX ... VI ... The Saga Continues
XchangeMODE
Member
posted October 07, 2004 13:11     Click Here to See the Profile for XchangeMODE     Edit/Delete Message   Reply w/Quote
So now to the really related ones as of today thursday around noon

CMKX up 50%

UCAD up 20.42%

GEMM up 20%

SGGM up 6.25%

by the way st. george looks really good
from technical point of view.

and cmkx
well
we
wait
and
see!

good luck to us all!

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sdrobert
Member
posted October 07, 2004 14:05     Click Here to See the Profile for sdrobert     Edit/Delete Message   Reply w/Quote
no divy yet etrade what is going on grr

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TruthTeller
Member
posted October 07, 2004 14:12     Click Here to See the Profile for TruthTeller     Edit/Delete Message   Reply w/Quote
I have Ameritrade and got my dividends at 9.6/Million rate..
I heard that Fidelity ppl got the divys as well.
E-trade & TD - nope
What abt Choicetrade, Freetrade, Lowtrade and Schwab?
Just curious..

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case
Member
posted October 07, 2004 14:15     Click Here to See the Profile for case     Edit/Delete Message   Reply w/Quote
Some of the on line trading sites
like to wait about a week after
they are given to make sure they actually have them!!(at least on pennies)
___________________________________
no divy yet etrade what is going on grr
____________________________________

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prdponce
Member
posted October 07, 2004 14:55     Click Here to See the Profile for prdponce     Edit/Delete Message   Reply w/Quote

Lowtrades no divy yet.


quote:
Originally posted by TruthTeller:
I have Ameritrade and got my dividends at 9.6/Million rate..
I heard that Fidelity ppl got the divys as well.
E-trade & TD - nope
What abt Choicetrade, Freetrade, Lowtrade and Schwab?
Just curious..

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GatorMan
Member
posted October 07, 2004 15:30     Click Here to See the Profile for GatorMan     Edit/Delete Message   Reply w/Quote
Called ETRADE regarding the dividend. I'm told they need to elevate the question to another level and will get back to me when they get a response. I did get confirmation that the payout is 1 UCAD for each 103,950 CMKX.

[Added response from ETRADE]

The shares should reflect on your account tomorrow. I apologize for the delay. If you have further questions please call us at 800-786-2575.

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

[This message has been edited by GatorMan (edited October 07, 2004).]

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case
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posted October 07, 2004 15:57     Click Here to See the Profile for case     Edit/Delete Message   Reply w/Quote
sdrobert:
I was sneaking on at work, so was kind of short reply earlier. Here is what Trading Direct told me when I asked about them!

"It is anticipated that it will take at least a week from the payable date, in
order to receive the new shares from the transfer agent, and then deposit
them to your account. Here are the details of distributions from CMKX:"

"no divy yet etrade what is going on grr"
____________________________________

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JEAL
Member
posted October 07, 2004 16:06     Click Here to See the Profile for JEAL     Edit/Delete Message   Reply w/Quote
U.S. Canadian Minerals Inc. Announces Langley Park Investment Trust Plc Now Trading on London Stock Exchange
Thursday October 7, 3:23 pm ET


LAS VEGAS--(BUSINESS WIRE)--Oct. 7, 2004--U.S. Canadian Minerals Inc. (OTCBB: UCAD - News) announced today that Langley Park Investment Trust Plc was admitted to the Full List of the London Stock Exchange and that dealings in Langley shares commenced on Oct. 7, 2004. U.S. Canadian had previously signed an agreement with Langley to engage in a transaction for the funding of the company. The agreement calls for the purchase, by Langley, of U.S. Canadian Minerals Inc. common shares, valued at the time of the closing at $9,005,355 USD, in exchange for shares of the investment company.
Langley has been established specifically to invest in U.S. micro cap companies with long-term growth potential.

Langley has entered into a "lock-up" agreement with U.S. Canadian Minerals Inc. pursuant to which it has agreed not to trade U.S. Canadian Minerals Inc. shares it will receive as a result of this transaction for a period of two years from the closing date. In full payment for the shares of U.S. Canadian Minerals Inc., Langley will issue to U.S. Canadian Minerals Inc. $9,005,355 USD equivalent of its shares at a price per share valued at One Pound Sterling.

Fifty percent of Langley's shares issued to U.S. Canadian Minerals Inc. will be held in escrow for two years following their issuance and in the event the per share market price of U.S. Canadian Minerals Inc. common stock at such time is less than the per share value of U.S. Canadian Minerals Inc. stock at the time of the closing, Langley shall be entitled to the return out of escrow a percentage of the investment company's shares equal to the market value of such decline. The remaining shares held in escrow shall be released to U.S. Canadian Minerals Inc. at the time of any such release back to Langley.

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.

--------------------------------------------------------------------------------
Contact:
U.S. Canadian Minerals Inc.
Chris Hanneman, 303-220-8476

--------------------------------------------------------------------------------
Source: U.S. Canadian Minerals Inc.

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ed19363
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posted October 07, 2004 16:15     Click Here to See the Profile for ed19363     Edit/Delete Message   Reply w/Quote
Does anyone have any idea what is taking so long to get CMKX website back up?? I built my website in one day....you would think professionals could do it a lot faster.

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Pieman99
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posted October 07, 2004 16:23     Click Here to See the Profile for Pieman99     Edit/Delete Message   Reply w/Quote

Try CMKM


quote:
Originally posted by ed19363:
Does anyone have any idea what is taking so long to get CMKX website back up?? I built my website in one day....you would think professionals could do it a lot faster.

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XchangeMODE
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posted October 07, 2004 16:38     Click Here to See the Profile for XchangeMODE     Edit/Delete Message   Reply w/Quote
ucad looks good ,with a leg up
sggm looks great
cmkx ? when?

question?
does anybody know if date-line
is going to air the STOCKGATE special
or anything about it!

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tic_toc
Member
posted October 07, 2004 16:54     Click Here to See the Profile for tic_toc     Edit/Delete Message   Reply w/Quote
STOCKGATE!

Its long otherwise I'd post it here.
http://www.investors.com/breakingnews.asp?journalid=23425161&brk=1

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XchangeMODE
Member
posted October 07, 2004 17:37     Click Here to See the Profile for XchangeMODE     Edit/Delete Message   Reply w/Quote
BIG QUESTION???

WHY A DIVIDEND???

to boost UCAD ?

it`s going through the roof!

or did anybody think about this one????
(i haven`t been following other boards or other peoples theories too much lately,so excuse me if it has allready been posted)

if the dividends are all accounted for,in a week or so.
what`s going to happen?

guess what,they will know how many people have been holding cmkx,which might be greater than the O/S plus the shares traded during this time-period
(and this is speculation) the shares that have been retired

as far as i know there are 800 billion authorized shares
the outstanding shares have been just speculation from a few individuals on their dividend calculation.
so there goes the proof of the o/s beeing 783 b. or whatever it was.


something is happening
and it will be soon!

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TradingWizard
Member
posted October 07, 2004 18:02     Click Here to See the Profile for TradingWizard     Edit/Delete Message   Reply w/Quote
Hey anyone with TD Waterhouse? Any sign of divident? I see NOTHING in my account!

And do brokers charge fee for putting divident into your account?

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will
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posted October 07, 2004 18:08     Click Here to See the Profile for will     Edit/Delete Message   Reply w/Quote
What?

quote:
Originally posted by XchangeMODE:
BIG QUESTION???

WHY A DIVIDEND???

to boost UCAD ?

it`s going through the roof!

or did anybody think about this one????
(i haven`t been following other boards or other peoples theories too much lately,so excuse me if it has allready been posted)

if the dividends are all accounted for,in a week or so.
what`s going to happen?

guess what,they will know how many people have been holding cmkx,which might be greater than the O/S plus the shares traded during this time-period
(and this is speculation) the shares that have been retired

as far as i know there are 800 billion authorized shares
the outstanding shares have been just speculation from a few individuals on their dividend calculation.
so there goes the proof of the o/s beeing 783 b. or whatever it was.


something is happening
and it will be soon!


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highwaychild
Member
posted October 07, 2004 19:04     Click Here to See the Profile for highwaychild     Edit/Delete Message   Reply w/Quote
I have a question...If UCAD were to do a forward split before our restrictied shares are lifted,would our restricted shares reflect the forward split as well?
By the way Barchart thinks alot of UCAD,100% buy accross the board.And R.W. has mentioned a forward split in the past.

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noahltl
New Member
posted October 07, 2004 19:53     Click Here to See the Profile for noahltl     Edit/Delete Message   Reply w/Quote
Let's try this theory. 800 billion AS minus the 21 billion PR'd as retired equals 779 billion, just about the ratio number of UCAD distributed.

The last PR on the dividend said that they wanted "every" shareholder to receive the dividend. So let's say the Roger contacts the SEC and says there is a major NS on CMKX and that they are going to issue a dividend to every share outstanding, including the NS shares. How can they do that if they don't know how many shares have been naked shorted? Roger says we'll just issue a dividend to every share, up to the total AS / 500 billion less 21 billion, and see how the DTC handles them.

The authorization is communicated to the DTC and the DTC begins distribution yesterday. They distribute as far as they can, and UH OH, not enough to go around. SEC is watching. FED CALL. Lots of brokerage houses don't have divys for the shareholders. Excuses are being made to shareholders of long delays, and "Trap" sprung. MM's given a few days to a couple of weeks to cover. NSS trading comes to a screeching halt and the market for CMKX comes back to a normal flow as it did today, and the pps begins rising, as it did today. Sound like the beginings of a squeeze. Only time will tell now.

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sdrobert
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posted October 07, 2004 19:56     Click Here to See the Profile for sdrobert     Edit/Delete Message   Reply w/Quote
cmkx website is back up
it is www.casavantmining.com

on line brokers should not get a commision from a dividend. I got one a dividend I am in etrade and they did not charge me a commision when I got it. only when I sell it or if I buy anything.

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sdrobert
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posted October 07, 2004 19:58     Click Here to See the Profile for sdrobert     Edit/Delete Message   Reply w/Quote
go question do restricted shares get the split if there is one????

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sdrobert
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posted October 07, 2004 20:00     Click Here to See the Profile for sdrobert     Edit/Delete Message   Reply w/Quote
it is kind of strange that with the divy being sent out that the stock would go high. I thought they issued more to give out a stock divy. maybe this is some sort of shorting and if it is how hight will ucad go before we all have our true divies.
what I mean by true is that show a value in our accounts. I got a restricted divy. gives a cusip number but it also shows a value

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bill1352
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posted October 07, 2004 20:03     Click Here to See the Profile for bill1352     Edit/Delete Message   Reply w/Quote
noah i'm proud of ya...lol its the first idea that pie in the shy wasn't involved...just yankin your chain a bit...i do agree to a point. this could have been done without increasing and thus diluting the o/s by 300 billion. it could have been done at 500 billion with the same result. if it turns out that there are not enough ucad shares there still will be ppl without the dividend and those of us that did get shares have the dividend diluted by 60% even if the 279 billion were never sold

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bill1352
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posted October 07, 2004 20:06     Click Here to See the Profile for bill1352     Edit/Delete Message   Reply w/Quote
i've been wondering why ucad has gone up so much too...111% this last month and no real news. if ucad has a forward split our shares also split. they are restricted common shares

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will
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posted October 07, 2004 20:33     Click Here to See the Profile for will     Edit/Delete Message   Reply w/Quote
noah wrote:

"Excuses are being made to shareholders of long delays, and "Trap" sprung."

I wouldn't think the excuses are being made for the reason you state. It is more like certain brokerages do not distribute in a timely manner. It seems to be the same houses with every dividend. I doubt your theory very much, but cannot disprove it.

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highwaychild
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posted October 07, 2004 20:38     Click Here to See the Profile for highwaychild     Edit/Delete Message   Reply w/Quote
Thanks Bill,that's what I hoped I'd here about a UCAD fs.

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will
Member
posted October 07, 2004 20:42     Click Here to See the Profile for will     Edit/Delete Message   Reply w/Quote
"IF"
They're all "IFS". We only know there was a dividend, or at least I do, it's in my account, restricted.

quote:
Originally posted by highwaychild:
Thanks Bill,that's what I hoped I'd here about a UCAD fs.

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highwaychild
Member
posted October 07, 2004 20:55     Click Here to See the Profile for highwaychild     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by will:
"IF"
They're all "IFS". We only know there was a dividend, or at least I do, it's in my account, restricted.


HA HA HA
Yea "IF"
Got mine too.(go UCAD)
Pennyland is just one BIG "if",is it not.
I don't know R.W. or "if" what he said was true or not,but I remember reading he wanted to let it run to $30 and fs.Again,again,ect.
But who doesn't want to see that?LOL

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will
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posted October 07, 2004 21:05     Click Here to See the Profile for will     Edit/Delete Message   Reply w/Quote
Seeing it in my account is believing it, child. Anything short of that is fantastic fantasy, like most theory and conjecture connected to this 7 headed freak of a monster stock.

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tradingpennys
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posted October 07, 2004 22:02     Click Here to See the Profile for tradingpennys     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by will:
"IF"
They're all "IFS". We only know there was a dividend, or at least I do, it's in my account, restricted.


Ditto, I got mine this morning.

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TruthTeller
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posted October 07, 2004 22:28     Click Here to See the Profile for TruthTeller     Edit/Delete Message   Reply w/Quote
I have to admit that I wasn't happy with the was things were going until yesterday. At least I am happy today with receiving the dividends and closing 50% up. Some people still did not get the dividends, hearing many things from people who called their brokerages. Every thing is a mystery with the stock. I doubt about the short squeeze in penny range (more than .01) even though I will be very happy if it happens.

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lostone
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posted October 07, 2004 22:40     Click Here to See the Profile for lostone     Edit/Delete Message   Reply w/Quote
Question here..
I read sometime ago that it would cost several hundreds of dollars on Ameritrade to sell these Restricted shares after the restriction is lifted.. am i wrong? cuz it doesn't make.. i hope i am, b/c i only got 5 shares, and that would suck if i have to put in money to sell these.. bleh..

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TruthTeller
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posted October 07, 2004 22:43     Click Here to See the Profile for TruthTeller     Edit/Delete Message   Reply w/Quote
I remember it as $250, not sure though. Why don't you call them up and find out?

quote:
Originally posted by lostone:
Question here..
I read sometime ago that it would cost several hundreds of dollars on Ameritrade to sell these Restricted shares after the restriction is lifted.. am i wrong? cuz it doesn't make.. i hope i am, b/c i only got 5 shares, and that would suck if i have to put in money to sell these.. bleh..

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will
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posted October 07, 2004 22:46     Click Here to See the Profile for will     Edit/Delete Message   Reply w/Quote
That be a kick in the nuts, ain't it? Cost $250 to sell $50 worth of stock.
Guess it depends on your broker. I haven't checked with mine. I use freetrade, owned by Amitrade. If I recall Ameritrade charges $250 to sell when restrictions are lifted, not sure, seem to remember that.

quote:
Originally posted by lostone:
Question here..
I read sometime ago that it would cost several hundreds of dollars on Ameritrade to sell these Restricted shares after the restriction is lifted.. am i wrong? cuz it doesn't make.. i hope i am, b/c i only got 5 shares, and that would suck if i have to put in money to sell these.. bleh..

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bill1352
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posted October 07, 2004 23:23     Click Here to See the Profile for bill1352     Edit/Delete Message   Reply w/Quote
ameritrade said $250 only if you sell the shares. also that charge may not apply. it depends on how the restriction is lifted which of course was supposed to be told to us in a pr from cmkx. remember the pr announcing it information to be announced at a later date. ppl with mytrack will be getting their ucad shares in the mail unless mytrack has change their policy. they told me that they do not hold any restricted shares at all. when the restriction is lifted they will need to be mailed to ucad's t/a for exchange to unrestricted shares and then sent back to your account. you can do this with ameritrade also if that charge does end up applying but it will cost $40

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will
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posted October 07, 2004 23:36     Click Here to See the Profile for will     Edit/Delete Message   Reply w/Quote
noah wrote:
"MM's given a few days to a couple of weeks to cover. NSS trading comes to a screeching halt and the market for CMKX comes back to a normal flow as it did today, and the pps begins rising, as it did today. Sound like the beginings of a squeeze. Only time will tell now."

I had to read that a couple times. It looks as if I am being told that the "squeeze" has begun. The dividend is paid, been paid, why would the squeeze ocurr afterwards? I think I need this explained better than it was.

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GatorMan
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posted October 08, 2004 08:24     Click Here to See the Profile for GatorMan     Edit/Delete Message   Reply w/Quote
UCAD shares showed up in my ETRADE account. Ratio was 1 per 111,111. I was told yesterday it was supposed to be 1 for 103,950. It looks like I'll be calling ETRADE today.

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

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bill1352
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posted October 08, 2004 08:38     Click Here to See the Profile for bill1352     Edit/Delete Message   Reply w/Quote
i'm wondering whats going to be said if no pps increase by the CIM dividend in a few weeks. i'm not real confident that cmkx is going to explain the differance in the dividend splits. 1 before CIM has 779 billion cmkx shares in on the split as does the one after it but CIM split says 1.6 trillion. info from stockwatch says CIM is authorized only 25 million shares. the CIM dividend has to have been cut in half to 20 billion. the a/s i'm guessing will be raised to 40 billion thus leaving 20 billion in the treasury so company control is not lost. now if any of the rumors of jumping into a shell company to reduce the stupid 779 billion o/s are true it would give us a 40/1 rs or 1,000,000 shares would become 25,000 shares the pps would go to .012 and if done before the gemm pay date it would give that dividend value. it would also mean that the entire float would be owned. if there was not much of a i'm pi**ed off sell a real diamond find report not a it was diamondferous report could drive the pps up if roger is doing his job he knows there is no way for a company with a 779 billion o/s to ever increase shareholder value

[This message has been edited by bill1352 (edited October 08, 2004).]

[This message has been edited by bill1352 (edited October 08, 2004).]

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bill1352
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posted October 08, 2004 08:39     Click Here to See the Profile for bill1352     Edit/Delete Message   Reply w/Quote
at least your cmkx shares weren't naked gator

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dwman
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posted October 08, 2004 08:46     Click Here to See the Profile for dwman     Edit/Delete Message   Reply w/Quote
OUR VISION
Our vision is to be the best resources company.

OUR MISSION
Our aim is to maximise shareholder value by finding, acquiring, developing and operating or participating in mineral resource projects around the world.

OUR OBJECTIVE
Our objective is to achieve total shareholder returns in the top quartile of our peer group companies over any five-year period. We do this through our people, assets, business excellence and reputation.

OUR VALUES
Fundamental to creating and maintaining shareholder value is our commitment to:

People - They constitute our single most important advantage. It is only through the combined efforts of our people that we will grow and prosper.

Integrity - Caring about how we get results. We are committed to a future based on the fundamentals of our Code of Conduct, and ensuring our actions match our words.

Leadership - This provides the environment for all our people to realise their potential and focus on our goals.

Performance - We aim to continuously improve all that we do, measuring what is important and driving for excellence.

Innovation - Differentiating our businesses through innovation.

Vision & Values | Our Businesses | Code of Conduct | Policies | Corporate Governance | Senior Management | Board of Directors | WMC History | WMC Locations
Home | About Us | Investor Centre | Sustainability | News Room | e-WMC | Careers | Contact Us | Site Map | Search | Help | WMC Privacy policy

The information contained on this page is
subject to the disclaimer.

© copyright WMC Resources Ltd 2004

IntroductionVision & ValuesOur BusinessesCode of ConductPoliciesCorporate GovernanceSenior ManagementBoard of DirectorsWMC HistoryWMC LocationsNickelCopper UraniumFertilizersExplorationOlympic DamSafety & HealthEnvironment PolicyCommunity PolicyRelease of InformationPrivacy PolicyThe BoardCommitteesCompany PoliciesASX Principles and RecommendationsRemunerationReporting to stakeholdersRisk ManagementNYSE StandardsComparison of Corporate Governance PracticesIntroductionFinancialProductionPublications & PresentationsWMC Share PriceCompany AnnouncementsShareholder ServicesAnnual General MeetingDividendsKey DatesDemerger InformationAnnual ReportForm 20FFinancial SummaryFinancial Performance5 Year Financial5 Year ProductionQuarterly ReviewCurrentHistoricalHolding DetailsShareholder FormsFreq. Asked QuestionsScheme BookletKey DatesQuestions AnsweredAnnouncementsTax RulingPublicationsPresentationsIntroductionOur approachOur CommunityEnvironment, Health & SafetyPeopleOur PerformanceNoticeboardOverviewOur Journey so farGlobal InitiativesGRI IndexVerification StatementOur community PolicyEHS PoliciesManagement systemsAudit & AssessmentOperational risk managementCulture and behaviour programOur key EHS aspectsEnvironment PolicySafety & Health PolicyOverviewOlympic Dam OperationsHi FertQueensland Fertilizer OperationsKwinana Nickel RefineryKNS & KNCMt Keith Nickel OperationsLeinster Nickel OperationsPrevious PublicationsIntroductionCompany AnnouncementsPublications & PresentationsWMC Photo GalleryWMC AwardsSubscribe/ Unsubscribe2004 Announcements2003 Announcements2002 AnnouncementsEarlier AnnouncementsCorporateSustainable DevelopmentCopper UraniumNickelFertilizersExplorationIntroductionNIMSCOSSCopper Sales Information SystemWMC FertilizersQuadremIntroductionCurrent OpportunitiesGraduate RecruitmentVacation RecruitmentPreferred EmployerProfessionsLocationsTraining & DevelopmentFAQHR Privacy PolicyTestimonialsSpotlight: Olympic DamValuesBenefitsIntroductionFeedbackIntroductionIntroductionIntroductionIntroduction
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right42day
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posted October 08, 2004 08:47     Click Here to See the Profile for right42day     Edit/Delete Message   Reply w/Quote
I have Etrade and received 21 UCAD for my 2,400,000 CMKX. Is this correct?

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dwman
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posted October 08, 2004 08:57     Click Here to See the Profile for dwman     Edit/Delete Message   Reply w/Quote
WMC Resources... Section six is particularly interesting.
http://www.wmc.com/pubpres/annrep03.htm

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bill1352
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posted October 08, 2004 09:00     Click Here to See the Profile for bill1352     Edit/Delete Message   Reply w/Quote
for a moment there DW i thought you got that from cmkx...lol your share count for 2.4 mil is about right. i got 19 for 2,062,000

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bill1352
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posted October 08, 2004 09:02     Click Here to See the Profile for bill1352     Edit/Delete Message   Reply w/Quote
thats not fair bringing in real company type info into cmkx...lol ya might make a few ppl feel inferior

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right42day
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posted October 08, 2004 09:04     Click Here to See the Profile for right42day     Edit/Delete Message   Reply w/Quote
Thanks guys, Hi Ho, Hi Ho, off to work I go.

GLTA
Laurie

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dwman
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posted October 08, 2004 09:12     Click Here to See the Profile for dwman     Edit/Delete Message   Reply w/Quote
LOL bill. Actually, the reason for the post is that on another board, some guy claims that he got a letter from some European broker telling him or her that shares of WMC Resources were being deposited in his account. Somehow related to GEMM. For what it's worth.

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WinsumLosesum
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posted October 08, 2004 09:40     Click Here to See the Profile for WinsumLosesum     Edit/Delete Message   Reply w/Quote
Cmkm Diamond Inc     (OTHER OTC: CMKX) Last Update: 9:30:00 AM ET Oct 8, 2004  
 
CMKM Diamonds, Inc. Announces Joint Venture on Uranium Claims

LAS VEGAS, Oct 8, 2004 (BUSINESS WIRE) -- CMKM Diamonds, Inc., (Pink Sheets:CMKX) is pleased to announce it has reached an agreement with United Carina Resources Corp. (UCA) CDNX whereby CMKX can earn a 50 percent interest in recently acquired uranium properties in the Athabaska Basin area of northern Saskatchewan. The terms of the agreement call for CMKX to pay $100,000 dollars on signing and spend $500,000 on exploration during the first year. A further $100,000 is payable on the first anniversary and $750,000 dollars is to be spent during the second year of the deal.

The properties consist of approximately 35,800 acres and are located in the Wollaston Lake - Hatchet Lake area of Saskatchewan. A substantial amount of exploration has been carried out on these properties in the past and United Carina Resources Corp. is undertaking a compilation of all the data available and will undertake fieldwork as soon as possible. Previous work on the claims outlined several conductive zones, which yielded assays in excess of 1% U3Oa. The properties are located 30 kilometers north and northeast of four known uranium deposits (Rabbit Lake, McLean Lake, Collins Bay, and Eagle Point). United Carina will be the operator of the project and Mr. Dave Billard of Saskatoon will be the Qualified Person for the project.

The Wollaston area is one of the world's most prolific districts for rich uranium deposits. Two classifications of deposits are present: the unconformity-type and the basement-type. The unconformity deposits are related to the base of the Athabasca sandstone and usually occur at the contact of the Archean granitoid gneisses with the Aphebian meta sediments (e.g. Collins Bay, McClean Lake). Basement deposits are hosted solely in the meta sediments (e.g. Rabbit Lake, Eagle Point).

All known deposits are related to the junction of north-easterly and northerly-trending faults, and have a close association with graphitic rocks. These deposits may be up to 1000 meters long, 100 meters wide, and less than 20 meters thick. The ore pods consist of a high-grade uranium ore. The deposits are surrounded by extensive alteration halos of chlorite, cericite, illite, and tourmaline. The majority of these deposits straddle the edge of the Athabasca sandstone and exhibit varying degrees of geophysical responses and radiometric signatures.

The claim blocks held by United Carina Resources Corp. have many of the above geophysical characteristics and hence have good exploration potential for uranium.

To view further company updates, you can go to our website locatedat http://www.casavantmining.com.

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Doctoall
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posted October 08, 2004 09:40     Click Here to See the Profile for Doctoall     Edit/Delete Message   Reply w/Quote
Anyone know about the joint Uranium venture CKMX signed

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"If We Agree To Disagree, Then We Can Remain friends"

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netsec
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posted October 08, 2004 09:41     Click Here to See the Profile for netsec     Edit/Delete Message   Reply w/Quote
CMKM Diamonds, Inc. Announces Joint Venture on Uranium Claims
Friday October 8, 9:30 am ET


LAS VEGAS--(BUSINESS WIRE)--Oct. 8, 2004--CMKM Diamonds, Inc., (Pink Sheets:CMKX - News) is pleased to announce it has reached an agreement with United Carina Resources Corp. (UCA) CDNX whereby CMKX can earn a 50 percent interest in recently acquired uranium properties in the Athabaska Basin area of northern Saskatchewan. The terms of the agreement call for CMKX to pay $100,000 dollars on signing and spend $500,000 on exploration during the first year. A further $100,000 is payable on the first anniversary and $750,000 dollars is to be spent during the second year of the deal.
The properties consist of approximately 35,800 acres and are located in the Wollaston Lake - Hatchet Lake area of Saskatchewan. A substantial amount of exploration has been carried out on these properties in the past and United Carina Resources Corp. is undertaking a compilation of all the data available and will undertake fieldwork as soon as possible. Previous work on the claims outlined several conductive zones, which yielded assays in excess of 1% U3Oa. The properties are located 30 kilometers north and northeast of four known uranium deposits (Rabbit Lake, McLean Lake, Collins Bay, and Eagle Point). United Carina will be the operator of the project and Mr. Dave Billard of Saskatoon will be the Qualified Person for the project.

The Wollaston area is one of the world's most prolific districts for rich uranium deposits. Two classifications of deposits are present: the unconformity-type and the basement-type. The unconformity deposits are related to the base of the Athabasca sandstone and usually occur at the contact of the Archean granitoid gneisses with the Aphebian meta sediments (e.g. Collins Bay, McClean Lake). Basement deposits are hosted solely in the meta sediments (e.g. Rabbit Lake, Eagle Point).

All known deposits are related to the junction of north-easterly and northerly-trending faults, and have a close association with graphitic rocks. These deposits may be up to 1000 meters long, 100 meters wide, and less than 20 meters thick. The ore pods consist of a high-grade uranium ore. The deposits are surrounded by extensive alteration halos of chlorite, cericite, illite, and tourmaline. The majority of these deposits straddle the edge of the Athabasca sandstone and exhibit varying degrees of geophysical responses and radiometric signatures.

The claim blocks held by United Carina Resources Corp. have many of the above geophysical characteristics and hence have good exploration potential for uranium.

To view further company updates, you can go to our website located at http://www.casavantmining.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements, other than the statements of historical facts, may be deemed to contain forward-looking statements with respect to events, the occurrence of which involves risks and uncertainties, including, without limitation, demand and competition for the Company's products and services, the availability to the Company of adequate financing to support its anticipated activities, the ability of the Company to generate cash flow from operations and the ability of the Company to manage its operations.


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Doctoall
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posted October 08, 2004 09:41     Click Here to See the Profile for Doctoall     Edit/Delete Message   Reply w/Quote
You are fast Winsum Thanks

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cool1sh
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posted October 08, 2004 09:53     Click Here to See the Profile for cool1sh     Edit/Delete Message   Reply w/Quote
I had 7M buy order that I placed a long time ago, it filled couple of days back. I wan't happy for not cancelling it.
I placed a sell order at 0003 for 5M, it filled a minute ago.

SELL filled at ASK price??

[This message has been edited by cool1sh (edited October 08, 2004).]

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GatorMan
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posted October 08, 2004 10:08     Click Here to See the Profile for GatorMan     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by GatorMan:
UCAD shares showed up in my ETRADE account. Ratio was 1 per 111,111. I was told yesterday it was supposed to be 1 for 103,950. It looks like I'll be calling ETRADE today.


I called ETRADE and they said they will have to look into why the ratio changed and get back to me. I DID find out, however, that when the restriction is listed and the shares become free trading there will be a $150 fee. She said this was because they have to research the stock using legal counsel to verify that the restriction no longer applies. Sounds like just another way to get money from the customer to me. I can't see how it would cost that much (times all the customers who have the stock) to insure the restriction is lifted.

Oh, and one more thing. If the 111,111 to 1 ratio holds that means 833 billion shares O/S. Somewhat over the last known A/S.
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~,-,-< GatorMan

[This message has been edited by GatorMan (edited October 08, 2004).]

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