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Originally posted by VIP:
lol...hes getting people to buy in so he can get his ass out..

if it reach 01 cent, he probably sold all and save his ass..

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How in the world will a spin-out of CMI shares help Casavant focus more on their diamond exploration. Are they expecting people to sell their CMI shares so they can buy more CMKM. Just does not make any logical sense to me. Can someone please explain this to me?

Here is part of old news report, says this in second paragraph, sure you have all seen

Casavant Mining Kimberlite International X Dividend Date September 19, 2003 For Zinc Spin-Out.

September 19, 2003 11:03:27 (ET)

LAS VEGAS, Sept 19, 2003 (BUSINESS WIRE) -- Casavant Mining Kimberlite International (Pink Sheets:CMKM) The Board of Directors have approved the spin-out of the corporate zinc deposits at George Lake, Saskatchewan, its wholly owned subsidiary Casavant Mining International, Inc. (CMI).

Shareholders of record who hold CMKM stock through close of market on Friday, September 19, 2003 will receive one share of CMI stock for every share of CMKM stock that they hold through this date. The payable date for the CMI shares of stock will be Friday, October 3, 2003. CMKM shareholders of record at the time will receive one share in CMI stock for every share they hold and will continue to own their CMKM stock. This spin-out will enable CMKM to concentrate on diamond exploration and development at Fort a la Corne, Saskatchewan.

Casavant Mining Kimberlite International Clarifies Record Date for CMKM 2 for 1 Stock Split
via COMTEX

October 3, 2003

LAS VEGAS, Oct 3, 2003 /PRNewswire-FirstCall via COMTEX/ --

Urban Casavant, President of Casavant Mining Kimberlite International (Pink Sheets: CMKM) would like to clarify that the record date for the 2-1 forward stock split was September 12, 2003. This means that all shareholders who held CMKM stock through close of market Friday, September 12, 2003 receive one additional CMKM share of stock for every share held through September 12, 2003. Stock was to be paid into stockholders accounts after September 29, 2003.

Casavant Mining Kimberlite International has received several calls from shareholders that brokers are only crediting their accounts for shares of CMKM stock that they had in their accounts as of September 29, 2003. This is not correct. Thus many shareholders are deficient shares owed to them. Shares of stock for the 2 for 1 stock split should be paid for shares held through the close of business September 12, 2003.

If you have questions regarding deficient shares in your account please contact your broker to correct the situation.

CMKI is also planning to retire more shares of CMKM stock and will announce the total amount retired and the certificates next week.

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 risk 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.

SOURCE Casavant Mining Kimberlite International

Casavant Mining Kimberlite International, Diamonds Hotline, Melvin O'Neil, +1-306-752-3755, or 1-877-752-3755, or fax, +1-306-752-3754, or ipr@sasktel.net (CMKM)

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Originally posted by derek111c:
I think it sounds like good news they plan to retire more shares

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quote:

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Originally posted by derek111c:
[QUOTE]Originally posted by derek111c:
[b]I think it sounds like good news they plan to retire more shares

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How this relates to CMKM, I feel that is your choice to make. Some things look good, but still confused about quite a few things with this company.

Like I said before this is just from what I understand. I am sure many of you here can probably point many things out to me. I am open to any suggestions would like to be corrected if I am wrong. I am in a constant learning process. I feel we are all here because we all have a common interest and that we should help eachother out.

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Originally posted by derek111c:
Forgive me if I am wrong here, but from what I understand. A company can issue as many shares as it wants, reguardless of how many shares the people running the company have. Now shares of a stock I believe are priced based on equity and future earnings. If you have too many shares out there the equity and future growth per share will be very low. This is oftern referred to as dilution. Now if you don't have as many shares you have just the opposite. Equity per share will be higher therefore market price will most likely be higher. Now if the people running the company own many shares and believe that the future outlook of the company looks positive do you think they would want 20trillion(not actual just example) shares out there. No becuase this would make their percentage of the market equity very low. I believe they can issue and retire shares at will especially in small companys with out their amount of shares being affected. Basically if you own a large steak in a company and you think the outlook appears to be very positive you want to try and make it so you have the largest total share percentage as possible. Example If I knew I was going to make a lot of money in an investment I would most likely not want to share it with a bunch of other investors I would probably be willing to take on the investment costs my self.Investors have to be paid back if company makes money either through dividends or by reinvesting profit in to company equity. Signaling theory-comapny reduces amout of shares and decides takes on more debt means that people running comapny see good times in future and they don't want to share profit with investors. Company pumps out tons more shares means that company is not to sure about future outlook willing to use investors money instead of taking on debt and covering costs themselves.

How this relates to CMKM, I feel that is your choice to make. Some things look good, but still confused about quite a few things with this company.

Like I said before this is just from what I understand. I am sure many of you here can probably point many things out to me. I am open to any suggestions would like to be corrected if I am wrong. I am in a constant learning process. I feel we are all here because we all have a common interest and that we should help eachother out.

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quote:

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Originally posted by winmaccer:

BINGO. 00000000000000000000001

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Rick

" A day without dreams is a nightmare"

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Originally posted by rickpic:
+300% is all I see today and it will go up from there. As for the retirment of more shares it is the best thing they could do for us, and our share value. Everything they are doing is in our best inerest at the moment. Everyone who owns this stock saw and increase in there account values today. This is a fact.
Go CMKM Go Melvin and
Go Durama Enterprizes

Rick

" A day without dreams is a nightmare"

[This message has been edited by rickpic (edited October 03, 2003).]

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Kevin

"You got to know when to hold um"
"Kenny Rodger"

[This message has been edited by rickpic (edited October 03, 2003).]

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Originally posted by rickpic:
Time will tell!! Time will tell!!

"You got to know when to hold um"
Charlie Daniels

[This message has been edited by rickpic (edited October 03, 2003).]

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quote:

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Originally posted by rickpic:
opps its been fixed! thats what I get for asking my wife about country music!!
Rick

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LIFE IS LIKE A BOX OF CHOCOLATES----REMEMBER?

I'D DO IT MYSELF BUT I DON'T HAVE ANY OF CMKM.

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Originally posted by old mullet:
WHAT HAS ALWAYS BEEN CURIOUS TO ME ABOUT CMKM IS THAT THERE ARE NEVER ANY BID OR ASK ON MY LEVEL II. ANYBODY HAVE ANY OPINION ON THAT?
ALSO A REALLY VALID POINT IS IF ANYONE HAS TRIED TO SELL THIS. I KNOW THAT ANNA, I THINK IT WAS, (HI ANNA) SAID HER BUY EXECUTED INSTANTLY, BUT SHE WAS UNABLE TO SELL. I'VE HEARD OF A BUYER'S MARKET BEFORE, BUT PERHAPS IT TAKES ON A NEW MEANING HERE.
RIC, WHY DON'T YOU TRY TO SELL A LITTLE OF THAT .00005 STOCK FOR .0001 AND .0002. YOU ONLY HAVE 1 SMALL IN 2M SHARES. YOU WOULD MAKE A SMALL PROFIT, AND UNLESS THE MMS V
WERE PRIVY AND REACTED TO THIS TEST, IT COULD AT LEAST ANSWER A QUESTION OR TWO. IT WOULD CERTAINLY GENERATE A FREE ROUND OR TWO AT YOUR LOCAL CANTINA. IMAGINE: RIC-- " YEP, I DOUBLED MY MONEY ON A MILLION SHARE TRADE TODAY, AND THEN QUADRUPLED IT ON ANOTHER MILLION SHARES LATER THAT AFTERNOON." CANTINA FALLS DEAD SILENT AND ALL OF THOSE GUYS WHO NEVER HAD MUCH TO SAY SUDDENLY HAVE THEIR ARM AROUND YOU AND WANT TO BUY YOU A BUD. TELL THEM YOU ONLY DRINK GLEN LEVITT.

I'D DO IT MYSELF BUT I DON'T HAVE ANY OF CMKM.

UNCLE MILTY

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Kevin

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Originally posted by old mullet:
WHAT HAS ALWAYS BEEN CURIOUS TO ME ABOUT CMKM IS THAT THERE ARE NEVER ANY BID OR ASK ON MY LEVEL II. ANYBODY HAVE ANY OPINION ON THAT?
ALSO A REALLY VALID POINT IS IF ANYONE HAS TRIED TO SELL THIS. I KNOW THAT ANNA, I THINK IT WAS, (HI ANNA) SAID HER BUY EXECUTED INSTANTLY, BUT SHE WAS UNABLE TO SELL. I'VE HEARD OF A BUYER'S MARKET BEFORE, BUT PERHAPS IT TAKES ON A NEW MEANING HERE.
RIC, WHY DON'T YOU TRY TO SELL A LITTLE OF THAT .00005 STOCK FOR .0001 AND .0002. YOU ONLY HAVE 1 SMALL IN 2M SHARES. YOU WOULD MAKE A SMALL PROFIT, AND UNLESS THE MMS V
WERE PRIVY AND REACTED TO THIS TEST, IT COULD AT LEAST ANSWER A QUESTION OR TWO. IT WOULD CERTAINLY GENERATE A FREE ROUND OR TWO AT YOUR LOCAL CANTINA. IMAGINE: RIC-- " YEP, I DOUBLED MY MONEY ON A MILLION SHARE TRADE TODAY, AND THEN QUADRUPLED IT ON ANOTHER MILLION SHARES LATER THAT AFTERNOON." CANTINA FALLS DEAD SILENT AND ALL OF THOSE GUYS WHO NEVER HAD MUCH TO SAY SUDDENLY HAVE THEIR ARM AROUND YOU AND WANT TO BUY YOU A BUD. TELL THEM YOU ONLY DRINK GLEN LEVITT.

I'D DO IT MYSELF BUT I DON'T HAVE ANY OF CMKM.

UNCLE MILTY

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Originally posted by lookinhigh:
I have been trying to sell at .0002 for the last three days. It has been going towards .0001, but today shows .0002 and it didn't sell. I have a long posittion on this sell ("until cancelled"). It may need to push more towards .0003 before it sell. Still hoping....

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I HAVE A BOTTLE SITTING IN MY BAR, HAND CARRIED FROM SCOTLAND. I GUESS MY MISSPELLING TELLS YOU HOW MUCH I DRINK. THOSE SINGLE MALT WHISKEYS ARE BY FAR THE FINEST SCOTLAND HAS TO OFFER AS MANY A VEIN RIDDLED RED SCOTTISH NOSE WILL TELL YOU. HAVE YOU EVER HAD IT IN RICH FRESH MILK LIKE THEY SOMETIMES DRINK IT IN THE HIGHLANDS? SOUNDS LIKE IT WOULD BE HORRIBLE, BUT IT IS REALLY GOOD. I WONDER IF BAILEYS HAD SIMILAR ORIGENS.

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Originally posted by old mullet:
MICRO,

I HAVE A BOTTLE SITTING IN MY BAR, HAND CARRIED FROM SCOTLAND. I GUESS MY MISSPELLING TELLS YOU HOW MUCH I DRINK. THOSE SINGLE MALT WHISKEYS ARE BY FAR THE FINEST SCOTLAND HAS TO OFFER AS MANY A VEIN RIDDLED RED SCOTTISH NOSE WILL TELL YOU. HAVE YOU EVER HAD IT IN RICH FRESH MILK LIKE THEY SOMETIMES DRINK IT IN THE HIGHLANDS? SOUNDS LIKE IT WOULD BE HORRIBLE, BUT IT IS REALLY GOOD. I WONDER IF BAILEYS HAD SIMILAR ORIGENS.

UNCLE MILKEY

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I was gone for a few days and apparently I missed a great deal. I should be done reading some time next week. LOL.

Uncle Milty, I tried to put in a sell order for my shares ar $1.00 each, but was refused by Scottrade.

GO CMKM! It won't make us rich today, but wait and see!