posted October 09, 2004 00:24            

quote:

---

Originally posted by Upside:
Ok Will my basher friend, if the squeeze isn't going to happen and we now have untradable UCAD shares with untradable CIM/CMI shares coming and GEMM shares worth anywhere from 2 to 15 dollars per million CMKX shares on the way, where does that leave us? Hoping for a big diamond find? Please say it ain't so Joe!

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posted October 09, 2004 00:25            

quote:

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Originally posted by Bigrod40:
Give me the CORE results of the Carolyn Pipe from 6 months ago.

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You'll never see that. Why? They never did one. All of you people who bought into this scam just paid for Urban's race cars. Consider yourself punk'd.

posted October 09, 2004 00:28            

quote:

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I thought I saw a post last weekend that the poster expected this week to be a good week, and was buying or had bought more at .0003, already having over 50M shares.

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posted October 09, 2004 00:39            

quote:

---

Originally posted by Upside:
originally posted by will:
Who are you referring to?

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posted October 09, 2004 00:41            

quote:

---

I went back to find the post. I didn't find it yet. When I do I wil repost it for you.

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posted October 09, 2004 00:44            

quote:

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I went back to find the post. I didn't find it yet. When I do I wil repost it for you.

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posted October 09, 2004 00:47            

quote:

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Originally posted by Upside:
Just might be able to help you with that one if that's the case!

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posted October 09, 2004 00:59            

quote:

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Originally posted by Upside:
I forget that persons name though. Can you help me out with that?

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posted October 09, 2004 01:07            

quote:

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I'll find them and repost them, ok, pal.

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posted October 09, 2004 08:59            

quote:

---

Originally posted by dwman:
The best assurance that this is not a scam is the fact of all of the new posters. Have you noticed how many new posters there are suddenly and none have anything good to say about cmkx?

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posted October 09, 2004 10:21            

quote:

---

Originally posted by ed19363:
I have been on this stock since the days of CMKI, thru CMKM to CMKX. My first buy was at .03, and I continued to buy as the price dropped, finally averaging out at just north of .0001.

---

Whoa waitasec. People are supposed to be impressed by the fact that you sat through 3 symbol changes and have been 'averaging down' for a total loss of 30,000% ???? Wow I know whose advice I'll be taking from now on! Yes I'm a new poster in this thread but I've been reading it off and on from the beginning and find the attitude here completely shocking. The fact that anyone bought into this scam amazed me to begin with, but the fact that people are willing to take losses of 30,000% and STILL hang on is just amazing to me. Completely amazing.

quote:

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I'm tired of waiting, and wading thru tons of BS about O/S. When is this company going to tell us what is really happening? Melvin is useless, UC is a mirage, still I hold 27M, hoping something positive will happen.

---

Hellooooo McFly! A non-reporting Nevada based corporation with 800B o/s looking for diamonds in Canada that releases nothing but BS fluff PR's. Have you not figured it out yet???? What 'real' news are you waiting for? How many people have to tell you that you bought into a scam before you actually realize it?

quote:

---

but in the pit of my stomach, I see this stock as a white elephant.

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I think what you're feeling in the pit of your stomach isn't a white elephant, but a brown turd. That's all this thing is and all it'll ever be. I'm not sure when you'll get around to realizing that, but I hope it'll occur sooner rather than later.

posted October 09, 2004 10:44            

quote:

---

Originally posted by highwaychild:
Oh well,I got 57 shares of UCAD trading @ $11.40 just for owning CMKX.
You arn't going to get anything like that owning QueerBID -robino.

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posted October 09, 2004 10:55            

quote:

---

Originally posted by highwaychild:
LOL,They won't be forever.

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posted October 09, 2004 11:07            

quote:

---

Originally posted by highwaychild:
Will,you're to much.HA HA HA
Well if that happens,I hope we're both alive to see it.So I can say I told you so.LOL

[This message has been edited by highwaychild (edited October 09, 2004).]

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posted October 09, 2004 11:35            

quote:

---

Originally posted by slpj1960:
Nice showing of respect for others on your latest posts Will. The time that some of you spend here on this lottery ticket is amazing.

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posted October 09, 2004 11:53            

Who dat?

posted October 09, 2004 12:04            

quote:

---

Originally posted by Wallace#1:
Will wrote:
Now I can add, anyone listen to Dr D and takes his theories serious has a mind like a piece of crap, not a steel trap.

---

posted October 09, 2004 12:27            

Whether you are fairly new to online investing or a seasoned veteran, you've probably seen the message boards and chat rooms that focus on stocks. Many of these boards make tabloids look tame, churning out rumor after rumor 24 hours a day. Some of the more popular boards are getting upwards of 10,000 posts daily. Here we look at how the practice of bashing takes place on these boards, and how you can handle bashers when you encounter them.

The Advent of the Internet
No technology has changed the financial industry more than the Internet, which has allowed individual investors from every corner of the globe to meet and talk about the prospects and risks of companies. The free flow of information has changed the very way we invest, but this mass communication does not come without a price. The anonymity of the Internet has allowed unscrupulous people to distort and control artificially the price of a stock--these people are the bashers.

What Is a Basher?
A basher is a person who lurks in the shadows of investment chat rooms spreading calculated, and almost always unfounded, confidence-shaking news about a stock. The basher's purpose is to instigate a sell off that will in turn drive the stock price down, either for his or her own benefit or that of his or her employer.

This practice may seem fairly simple, but there is a science behind it. Supposedly, reputable companies and investment firms sometimes hire bashers to help make the conditions for a takeover more favorable. You see, when one company wants to buy another, stock price is king. If the stock of a multi-billion dollar target company changes even by one dollar, the difference in the price of the takeover can be millions of dollars. A basher who successfully pushes down the price of a stock may receive a very lucrative compensation.

How Bashers Get Paid
Bashers may also get paid by the number of responses they get from their postings. They act as catalysts, hoping to spread a firestorm of bad news about a stock. Due to the highly unethical and, in some cases, illegal act of hiring a basher, employers almost always remain anonymous. Bashers' employers will want to depress a stock price usually for one of two reasons: to increase their position in a company for a lower price, or to profit on the short side of the stock.

Here are some basher tactics that online chatters should be aware of:

Bashers lie! – Bashers have no ethical code that prevents them from lying. They will lie blatantly and often.

Bashers usually bash stocks that are more volatile – Bashers usually only go after stocks that could show a large increase or decrease in price. There's a low probability that a basher would ever be able to influence a company with a huge float like General Electric, for example.

Bashers will use any news – Bashers will not favor recent news over old news, or vice versa. They'll take information out of context if it will help depress a stock.

Bashers exploit investors' lack of knowledge – Most bashers rely on the notion that most investors don't check their facts and, as such, will use false information to sway people.

Bashers post frequently – Bashers are a persistent bunch. Through the use of repetition, they attempt to wear down those on the long side of stocks.

Bashers can travel in packs – It is common for a group of bashers to enter a chat room quietly and carefully and feed off each other's posts to dominate subtly the sentiment of the room.

Who Are Bashers' Prey?
As you can probably gather from the above list of tactics, bashers do not target well-informed investors but those who are easily persuaded. Bashers know that "green" or rookie investors are inherently wary of the market and oversensitive to bad news.

Anyone in a chat room who claims to be your friend and have your best interests in mind is likely a basher--after all, why would anyone give good advice for free in a chat room ? It's doubtful that experts such as Warren Buffett and Peter Lynch frequent these rooms. (Read more on Peter Lynch here.)

Levels of Bashers' Skills
The most effective bashers have strategies that are very well thought out. They often develop a character who draws attention and builds trust from others on the chat board. Good bashers try to appear sophisticated: they never use profanity because that would cause people to ignore them. Quite often, these bashers will respond condescendingly to their questioners for asking such "stupid" questions.

The purpose is to get a reaction from other posters: the more reaction, the more the room will be disrupted. To throw yet another wrench into the works, bashers often send in another person to side with the longs of a stock. Again, the idea behind this is to distract people, and to spread rumors and confusion throughout the room.

Not all bashers display such proficiency and dedication. Like any profession or sport, the bashing world has participants at different skill levels. It helps to know how the experts operate differently from the novices, so here is a list of the skills displayed in the different "leagues" (to use a baseball analogy) of bashers:

Major League – The major league bashers are excellent at what they do. The better the bashers are at their game, the tougher they are to spot. They are online constantly, always attacking and attempting to make positive postings look unreasonable. Those in the major leagues are masters at manipulation, knowing how to convince other chatters that a particular stock should be sold immediately.

AAA – These bashers are able to twist the meanings of words, phrases, quotes, and press releases quite compellingly; however, they do not have the same influence over others as those in the major leagues.

AA - These bashers are still learning the subtleties of the art of appearing like a trustworthy, sophisticated fellow investor. For example, a AA basher may react overzealously to comments that question his or her perpetually bearish attitude.

Bat Boy – Although this level of basher knows the profession and has known some major leaguers, he or she is utterly useless in the ways of bashing. The bat boy bashers make themselves obvious, using profanity, name calling and irrational arguments. These bashers are easily identified.

How to Handle Bashers
There are basically two ways in which chatters can handle bashers. Firstly, you should simply ignore them because they want and feed off attention. If they aren't getting any, they'll likely slink away and attempt to prey on more receptive victims. But sometimes the tenacious basher invading a good chat room needs to be confronted. Here are some tips that, if you must confront a basher, will likely help:

Do your due diligence. The phrase, "knowledge is power" is no more true than in this instance. Try to post a number of well-researched messages that confound the premise of a basher's arguments.

Do not engage bashers directly, but instead post general and open-ended messages disputing bashers' posts.

Remind those in the chat room that the mere fact that something is in writing does not make it the truth.

Conclusion
Bashing is always happening, so it's important for you to realize there are people out there who make a good living out of manipulating investors. Participating in a chat forum can be both enjoyable and insightful, but always remember to look at each message with the knowledge that its sender may not be sincere.

Cheers,

posted October 09, 2004 12:51            

"Many of these boards make tabloids look tame, churning out rumor after rumor 24 hours a day."

The only rumors I see here are the pie-in-the-sky theories that all is well and will be better.

posted October 09, 2004 13:06            

quote:

---

Originally posted by will:
The one fact I do know is: Close CMKX = .0002 !

---

posted October 09, 2004 14:03            

Y'all claim we don't know the O/S, well believe it, it's 780B+.
We never found out about the second group of core samples, no PR regarding them, believe it.
We have no idea what progress is being made, or has been made to become a reporting company, no word from CMKX, believe it.

I don't want a freaking Christmas dinner with these people. I would settle for some honest, forthright, forthcoming, reporting. Until they play fair, I have no reason to believe that there isn't something not right here. A scam, I think not, forthcoming, I know not.

You don't have to DD the fact that someone is handing you a bag of smelly dogcrap, and telling you it's ice cream. If you had one ounce of street sense you would know. You can't make chicken salad from chicken sh|t. Well, at least you and I can't, but it seems that UC and family/coharts, have succeeded with the faithful.

quote:

---

Originally posted by highwaychild:
Is it,or is that just what they want you to think?LOL
But seriously,here's a good read. http://www.investors.com/breakingnews.asp?journalid=23435497&brk=1

---

posted October 09, 2004 14:15            

quote:

---

Originally posted by will:
child, child, child, you're making me believe you're not grounded in reality. You see it in black and white. There is nothing else to think. It isn't a typo, or misprint, it is .0002. Please don't make me belive you're one of "them". That tape wasn't painted, it traded hard at .0002 for two sessions, it's seriously flirting with .0001 again. What is, is, what ain't, ain't, it's just that simple.

Y'all claim we don't know the O/S, well believe it, it's 780B+.
We never found out about the second group of core samples, no PR regarding them, believe it.
We have no idea what progress is being made, or has been made to become a reporting company, no word from CMKX, believe it.

I don't want a freaking Christmas dinner with these people. I would settle for some honest, forthright, forthcoming, reporting. Until they play fair, I have no reason to believe that there isn't something not right here. A scam, I think not, forthcoming, I know not.

You don't have to DD the fact that someone is handing you a bag of smelly dogcrap, and telling you it's ice cream. If you had one ounce of street sense you would know. You can't make chicken salad from chicken sh|t. Well, at least you and I can't, but it seems that UC and family/coharts, have succeeded with the faithful.

---

posted October 09, 2004 14:17            

I did sell some at .0008 and bought some other stocks, but I am pretty happy right now.

Those who say this is a scam are pretty dumb imo.

What is fun to see is how fickle people are. When United Carina announced they bought claims with uranium content many of the bashers were saying, "now that is a real company, wish CMKX could be like them, etc.

Now we have options on 50% and now UCA is a scam too. Nothing is legitimate. They are just fluffing a pr etc.

At least the bashers could be consistent.

Also, if we have AS of 800 B and OS of 770 b, why would CMKX pump this. We have no more stock to unload. If investors own it all then any pps rise benefits the investor.

Companies pump stocks when they have shares to sell. They let it fall when they want to buy back.

Nothing bashers are saying is logical.

posted October 09, 2004 14:26            

Thus they are not hiding anything. They have given investors a high end worst case figure.

You may call this a bad investment, but you are disingenuous when you claim CMKX is hiding it to scam anyone.

Take the numbers and news about claims. Add it up and see if you think CMKX will make you money. If yes invest, if not leave it be.

Right now I am convinced that this company will make money for us. According to my numbers I believe we can be ten cents per share in two years.

779 billion X .10 = 77.9 billion

If we find 77.9 billion in Gold, Uranium, Palladium, Iron, Silver, Oil, etc on our claims then we have a real value, a book value of .10.

This is if the company really has an OS of 779 b.

posted October 09, 2004 14:54            

member is offline

CAN UC MAKE 1 MILLION MILLIONAIRES "YEA WHEN ELEPHANT'S FLY"

Gender:
Posts: 2081
Re: MM's THAT GOT RAIDED YESTERDAY & TODAY
« Reply #9 on: Today at 08:04am »

--------------------------------------------------------------------------------
On the TECHNOLOGICAL Front:
---the creation of the Short Virus Scan software will allow the tracing of all suspicious transactions.

Read the highlight of the article below:
August 4, 2004. (FinancialWire) Charles Schwab, eTrade, Automatic Data Processing and NASDAQ are described as players, bad and good, in the new book from Austin-based 3DIntel, ?Naked Short Selling: The Illegal Hacking of the U.S. Financial System,? by Alan Lomax (http://www.thirtythumbs . com ).

To complement its publication, 3DIntel said it has unveiled a new patent pending program, called The Naked Short Virus Scan, which enables US based public companies to determine their short position in their stock. ?The scan will identify in the size of short, date of occurrence, and the brokerage houses holding the short positions,? the company stated. its unique patent pending process allow them to trace the illegal trades in their shares.?

The group recently brought suit against the Depository Trust and Clearing Corp. for allegedly participating in the short-selling conspiracy through its ?stock borrow? program which the attorneys say is nothing more than an illegal electronic printing press for stock certificates

_______________________________________________________________________

On the REGULATORY Front:
---the Patriot act will bring forth a rash of SAR's (suspicious activity reports) when illicit behavior is observed.
---the canadian authorities have issued warnings about "know your Client" and "failure to supervise" violations by giant BCO Nesbitt..
---the new SHO regulations that will make it more difficult ot short stocks (see below).
---the realization of the SEC that the confidence in them is at an all time low (Enron,Worldcom)
---the memories of the Bre-X mining scandal is still painful for Canadians

In a June 23 release, the SEC stated it has put into place Rule 202(T), which establishes procedures to allow the Commission to temporarily suspend the operation of the current "tick" test in Rule 10a-1, and any short sale price test of any exchange or national securities association, for specified securities. Through a separate order, the Commission will suspend, on a pilot basis for a period of one-year, the tick test provision of paragraph (a) of Rule 10a-1, and any short sale price test of any exchange or national securities association, for approximately one-third of stocks in the Russell 3000 index. The order also will suspend, on a pilot basis for a period of one year, the tick test provision of paragraph (a) of Rule 10a-1 for short sales executed in any security included in the Russell 1000 index after 4:15 p.m. Eastern, and all other securities after the close of the consolidated tape, and until the open of the consolidated tape the next day. The pilot will commence on January 3, 2005 to permit broker-dealers and self-regulatory organizations to make the necessary programming adjustments.

Rule 203 also imposes additional requirements on designated "threshold securities." Rule 203 defines a threshold security to mean an equity security for which there is an aggregate fail to deliver position for five consecutive settlement days at a registered clearing agency of 10,000 shares or more and that is equal to at least 0.5% of the issue's total shares outstanding. Where a clearing agency participant has a fail to deliver position in threshold securities that persists for ten consecutive days after settlement, the participant must take action to close out the position. Until the position is closed out, the participant, and any broker-dealer for which it clears transactions, may not effect further short sales in the particular threshold security without borrowing or entering into a bona fide arrangement to borrow the security. Rule 203 will become effective 30 days after publication with a compliance date of January 3, 2005, to permit firms to make programming and procedural adjustments.
_______________________________________________________________________

On the FINANCIAL Front:
---the defeat of the Naked Short Share machine by CMKX will cause huge losses if Shorty is indeed as heavily invested as many speculate. Some believe the UCAD dividend fiasco of "Ghost Shares: and the apparent "short squeeze on UCAD, SGGM and GEMM show that covering of the dividend is occuring. Additionally, judging by the money Shorty is spending to convince people CMKX is a scam,he is in trouble. Additionally, the impact to the offshore hedge funds, crooked market makers and assisting brokerage houses could be painful for a select crooked few. As things begin to tumble around them, I expect many of Shorty's compatriots to break ranks and begin providing authorities with the information needed to peel the next layer of the rotten onion. This ongoing flow of information is the missing piece that's frustrated all previous attempts to access the innards of Shorty's Cash Machine.

--The 45,000 loyal shareholders Urban has will provide the Army that NO OTHER penny stock has ever gone to battle with. We have the potential to beome a political and financial power that cannot be ignored. That's why I expect to see several politicians at the party in Las Vegas.

---Charles Schwab & Co. recently read it decided to exit the market-making business. It is one of several market makers that have been the subject of accusations and/or legal entanglements over naked shorting allegations and issues. The company had said it is either the number one or number two market-maker in more than half of all of NASDAQ?s (OTCBB: NDAQ) listed stocks.

Recently observers were surprised to find a comment letter submitted to the SEC by Mike Alexander, Senior VP of Charles Schwab, that admits outright that brokerages regularly ignore rules and regulations, saying it is not rules that need to be written; it is changes in behavior that is needed. http://www.sec.gov/rules/concept/s71304/charlesschwab061604.pdf .

--NITE is currently undergoing a corporate restructuring and has sold some divisions to Citicorp.

Some background on NITE
http://ragingbull.lycos.com/mboard/boards.cgi?board=NITE&read=82059
______________________________________________________________________

On the EDUCATION Front:
---the final nail in Shorty's coffin may just be the Dateline expose rumored to be released in late October.

First, my thanks to gojmha from the RB boards for bringing my attention to this article
Here's the link to his post: http://www.ragingbull.lycos.com/mboard/boards.cgi?board=NITE&read=81743

So, what bombshells could the expose contain?
1) Former Under Secretary of Commerce Robert Shapiro has reportedly told Dateline that the Illegal Shorting and stock manipulation has attributed to $500 Billion to $1 Trillion in economic losses to Investors.

2) Recently convicted individuals for securities fraud have reportedly informed Dateline of the mechanisms to the stock manipulation including the bribing of US Brokers via the use of pre-paid credit cards as well as the Bribing of Regulatory Officials empowered to protect the Investors.

3) Dateline has reportedly spoken to "Players" who have identified the Banking locations (Bahamas, Bermuda, etc?) where Offshore Hedge Funds are being used as the tool to manipulate the securities. Major US Firms are Investors in the Funds seeking quick and easy profits.

4) Dateline has reportedly been provided evidence of the 5 major US Organized Crime families being implicated in this securities fraud scandal as well as links to Terrorism leading into Saudi Arabia among other locations.

5) Finally, Dateline has reportedly spoken to ex-executives of the Depository Trust who have explained in great detail the operations of the DTCC and how that operation is helping in this fraud. The DTCC hides the level of illegal trades (settlement failures) that are the means to the stock manipulation.

**********************************************************************
Everyone should contact Dateline and insist that they air the story on illegal shorting. The further education of the public is critical at this time. Here is the e-mail address: Dateline@NBC.com (Sharon Hoffman is the producer for this piece.)
*********************************************************************
______________________________________________________________________

In summary, I am encouraged that a concerted effort to trace the short sellers down has begun and seems to be progressing in an orderly, albeit, painfully slow manner. While we cannot bankrupt the credibility of our financial markets, it is nonetheless, critical that we take this opportunity to change the way Shorty operates.

As I've shown above, this "confluence of negative events" is in effect creating a "Perfect Storm" that will sink Shorty's 300 foot yacht. We must push our Legislators, our Attorney General's, our Brokers and even the Television Networks to do the right thing. We have NEVER HAD the opportunity to expose Shorty before and we MUST take advantage of the favorable circumstances that have come our way. .

posted October 09, 2004 15:39            

quote:

---

Originally posted by highwaychild:
Will,CMKX has stated they want to become a fully reporting company in the same breath as D.R. Glenn.So then why would you think that they would tell everything they know before that day comes?
Look I'm just having fun here,and tring to learn a little bit as well.I have nothing to lose.In @ .0001, 1/2 free shares and now with 57 free UCAD shares.(restricted)
I'm just sitting back waiting and seeing.
Besides I'm not smart enough to be one of "them".However I think you were kidding.

---

posted October 09, 2004 16:54            

DATE_______GEMM____UCAD____SGGM____CMKX

08 OCT 04 - 3,377,351 - 79,060 - 566,806 - 12,508,637,168

07 OCT 04 - 1,160,520 - 528,940 - 136,797 - 1,432,690,681

06 OCT 04 - 3,764,493 - 438,133 - 283,305 - 14,838,183,007

05 OCT 04 - 4,008,001 - 1,187,778 - 159,029 - 16,615,152,695

04 OCT 04 - 127,300 - 71,896 - 160,439 - 4,853,359,087

01 OCT 04 - 56,290 - 963,234 - 163,394 - 6,078,129,119

30 SEP 04 - 42,942 - 8,860 - 484,687 - 4,294,580,136

29 SEP 04 - 279,716 - 8,640 - 634,466 - 2,525,294,490

28 SEP 04 - 44,863 - 17,733 - 400,205 - 5,213,844,234

27 SEP 04 - 231,300 - 21,238 - 261,243 -3,656,459,965

24 SEP 04 - 214,328 - 20,283 - 371,318 - 1,834,010,126

23 SEP 04 - 220,700 - 8,387 - 585,161 - 2,551,827,924

22 SEP 04 - 71,050 - 17,560 - 597,195 - 1,867,623,325

21 SEP 04 - 205,568 - 102,218 - 268,730 - 1,695,235,748

20 SEP 04 - 791,669 - 26,980 - 472,910 - 2,520,801,150

17 SEP 04 - 830,806 - 15,800 - 429,594 - 1,665,758,984

16 SEP 04 - 311,118 - 12,205 - 239,968 -2,428,047,277

15 SEP 04 - 60,920 - 5,649 - 57,530 -2,145,087,691

14 SEP 04 - 175,400 - 15,480 - 61,854 - 3,141,064,258

13 SEP 04 - 256,697 - 20,351 - 552,117 - 3,861,470,269

10 SEP 04 - 201,500 - 11,170 - 1,028,313 - 2,516,716,662

09 SEP 04 - 813,283 - 33,005 - 2,454,846 - 1,732,597,712

posted October 09, 2004 17:00            

1. Bought into a Gold mine.
2. Are currently drilling on some good prospective diamond claims.
3. Just issued a dividend.
4. Just bought into uranium claims.
5. Fully reporting soon.

I see a lot of good with this company. If you want everything over night then maybe it is a slump. If you see them as methodically working their claims then it isn't a slump.

PPS is down because prospecting takes time. People are waiting for good news to jump in. Shorty may be shorting. OS is high.

posted October 09, 2004 20:46            

quote:

---

Originally posted by will:
You running out of punching bags over there?

---

Nope, there's no shortage of dumb people on the internet

quote:

---

I think you missed the good cuts of meat to gnaw on. Kind of a shame, it would have been good entertainment, hopes and dreams being smashed to bits by sobering evidence and facts.

---

Yeah it's great entertainment value. Especially when I'm accused of being a paid professional. So flattering I've been reading this thread off and on for a long time now in utter and complete amazement. I'm seriously thinking of starting my own mining company and dumping hundreds of billions of shares on the market. I could probably get rich pretty quick don't you think.. people will buy ANYTHING. I'm just holding out for the mother of all I Told You So threads these days. Should be a good one.

Good luck on the buy in. The handful of whackjobs who 'believe' in these things certainly have the ability to buy it up a notch or two so you might be able to work something out of it. I prefer to sit on the sidelines though.. reading the threads here is kinda like watching Cops. It *shouldn't* be funny to watch how stupid other people can be, but darnit, it just IS...

posted October 09, 2004 22:17            

My neighbors made me take it off the Halloween scarecrow outside saying it would lower real estate values and that it was beneath their intelligence.

On top of that, there was a bunch of pump literature in the package with a chip stuck to one page. Thought it might be a diamond in the rough. No such luck! When I saw that it said "Limited Edition" on the back side, I realized it referred to CMKX and it's anticipated life span. Maybe that is UC's way sending a new kind of PR...you know, hidden messages.

posted October 09, 2004 22:38            

Will, that’s not poor judgement. It’s NO judgement!
*********************************************
Just Looking wrote (edited):
Beware of the Basher!
Investopedia Staff (Investopedia.com)

JL, suggest you start doing a just a little bit of looking!
*********************************************
RaiderJR wrote
Thus they are not hiding anything. They have given investors a high end worst case figure.

RJR, that makes no sense whatsoever! Same with the balance of your two posts!
*********************************************
Noahltl,

Your last post sounds very much like someone I once knew.
How are you doing buddy? Well, I hope.
*********************************************

RobinO,

You a "paid professional basher"? Can there be two of us on the same thread?

You better get the hell off! This hijacked thread is MINE!!! I bought it! LOL

posted October 09, 2004 22:58            

CMKM(CMKX) also gave U.S. Canadian a one year option to acquire an additional 10% of CMKM's mineral claims for $15 million in cash. On July 27, 2004, CMKM announced that it had received $3 million from U.S. Canadian, representing a partial exercise of the option.

On the surface it seemed unlikely that U.S. Canadian would be able to come up with the necessary funds. Unlike CMKM and St. George, U.S. Canadian does file periodic reports with the SEC - the price it must pay to preserve its listing on the OTC Bulletin Board. Those reports suggest that U.S. Canadian faces considerable financial challenges. As of March 31, 2004, U.S. Canadian had $408 in cash, no current revenues, and concerns about its ability to continue as a going concern.

Matters hardly improved in the third quarter of 2004. As of June 30, 2004, U.S. Canadian had $1,321 in cash, no revenues, and cumulative losses of $17.7 million. So where did U.S. Canadian get $3 million - and why would it invest those precious funds in CMKM?

The answer can be found in U.S. Canadian's Form 10-Q financial report for the quarter ended June 30, 2004. According to the Form 10-Q, U. S. Canadian agreed to sell 600,000 shares of its stock to an unnamed party related to CMKM at $5 a share. The $3,000,000 received by U.S. Canadian from that transaction was then paid to CMKM.