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heck, joey, dreaming for a dollar is OK. But, BELIEVEING it is another thing. If you are just keeping these shares on the side and one day they hit a dollar, GREAT, you'd be in awesome shape. but to consciously look for and expect it is another!!
[This message has been edited by The Hippo (edited March 05, 2004).]
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Hi JOEY I work in the F.A.L.C. AREA AND HAVE BEN POSTING ON AND ABOUT CMKM FOR A LONG TIME LET ME TELL YOU THIS CMKM HAS NO PHYSICAL EVIDENCE OF ACTIVITY IN THE AREA AND HAVING ISSUED AN ALL EXPENSES PAID INVITATION TO THE CASAVANTS TO SHOW ME, THE PHONE NEVER RANG, THERE ARE COMPANIES OUT THERE WHO ARE ACTUALLY DOING SOMETHING ABOUT MINING A GOOD EXAMPLE IS WWW.SHOREGOLD.COM I OWN AND HAVE CONNECTIONS WITH THE STOCK CHECK IT OUT THEN LOOK AT CMKM WEB SITE FOR REAL EXPLORATION PICTURES. GOOD LUCK Roy
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quote:So basicly what you are telling me is that is not likley to happen based on information which nobody knows about
Actually, yes...that IS what I'm saying...because we have NO information...now, if you could show me where there's even the most remote possibility that it WILL hit a dollar, other than "they'll find billions in diamonds", if you had any real information...then we could talk about it...but as of now, just a lot of hype...I hope for the sake of the shareholders that it DOES go up...but I wouldn't put the rent money on it
posted
www.explorationgis.com/falc_detail.html This site updates the Fort a la Corne claim map every month. March is now posted and once again, no Casavant Mining. If they in fact have rights to all of the land surrounding the producing kimberlite pipes, why aren't they shown on the map? Perhaps because this company is a scam?
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I looked at that map and have one question. There is some light gray and dark gray areas that stand for pending and other. Who knows who those are. And also they are for claim holders as I read it. CMKM has put in no claims yet. I would think you would want to find some D before you put in a claim. Plus they might be in with other companies doing this and that might be listed under a different name. But my main thing is no D no claim to be filed. They have permission to drill thats all for now. Everyone needs to face facts no one knows anything at this point. Nothing at all. You invest here because you hope for the best. If it is a bust so be it. A lot of mines are a bust and some hit it big. In the next month we will have our answer one way or the other. Lets do not call it a scam unless you can prove it for sure. I have seen nothing to prove this at all. If it is as some say a scam I think if I were you I would get the SEC on the phone and report them right now. I have heard on several of my investments that they were scams as I make money. So far no one has gone to jail or even as much had it mentioned except on some of these sites. But oh how much money I have made off these crooks. Give it a month and lets see thats all I say. The truth will come out then one way or the other.
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Bart, That's exactly the opposite of how it works. You have to stake a claim before you can do any exploration. They have been talking about their claims for months on end. Read their p/r from 2/26 where they talk about identifying kimberlite pipes "within our claims" via a tri-axial magnet gradient survey, which by the way was already done back in September (?) of last year if you believe their p/rs. Some of their recent p/rs have talked about drilling commencing but was delayed because of sun spots, then they issue a p/r stating they just purchased a drill, no wait, we only rented it. This company can't even keep track of its own lies! If you really wan't to find out if this company is for real or not I have a proposal for you. Let's go through their p/rs from the last six months or so, find out who they claim they are doing business with (and there's many of them) and let's get in touch with them and find out if it's true. My hunch tells me that none of these business's will have heard of Mr. Casavant.
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If they are as you claim call the SEC and report them. I could care less about opinions based on no factual information. I still believe in you are not guilty until proven that way. I have listened to these claims over and over but never see any hard core facts. (Just show me your profe)? Thats all I ask. Show me some hard core facts. Now on the claim issue a friend of mine says that the company first request for a exploritory grant to drill in certain areas and that if something is found then this will let them follow with claim procedures on said location. Bottom line if you think they are crooks then do not own the stock. I am a big boy and do not mine loosing a few thousand here and there to meet my overall goal. I sure thank you for looking out for us poor defenseless and totally ignorant investors. Again Thank You.
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BART Go back & read ALL my posts in ALL threads. You will find I have been in this longer than anyone. If you want to put up sevearl m$ fine, but there are new people reading these posts who should not be buying. VAN
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quote:Originally posted by VNGNTN1: BART Go back & read ALL my posts in ALL threads. You will find I have been in this longer than anyone. If you want to put up sevearl m$ fine, but there are new people reading these posts who should not be buying. VAN
Then they should not buy. Thank you and others for being our gaurding angle. If I would have listened to people as you all I would have never bought QBID or IBZT both which I have made big money off of and will make even bigger money off of. If you can not afford to lose do not play the game. I have stated many times I am a risk taker and thrill sicker. It is all in the chase and not the catch. I get a rush off these stocks doing the unexpected. Up down the bottom line is I make money by following my rules and that is by not following others ideas. As one person told me he listen once to some other people and sold and it cost him a ton of money. What I am saying to people if you can not affort to lose do not play and follow what you beleive in and not any one else's ideas. At time to time we are all right and at time to time we are all wrong. Follow your own money and do not let any one else try and control it for you. My opinion. I will not sell until I can see some hard core facts as still no one has presented on CMKM. Just the same old talk no facts. As Jack Webb said on Dragnet JUST THE FACTS MAM.
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Here is a good question for all. At the price that you can buy into this stock, why would anyone not take a chance on 1,000,000 shares? The 100.00+trade that it takes to buy it is so minimal. I spend that on dinner out for me and the wife on saturday night. And remember if you lose it all, you lost 100.00 if it rises you win big! Just my opinion here. I really enjoy these posts. Thanks to all who post here.
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quote:Originally posted by bigdaddy: Here is a good question for all. At the price that you can buy into this stock, why would anyone not take a chance on 1,000,000 shares? The 100.00+trade that it takes to buy it is so minimal. I spend that on dinner out for me and the wife on saturday night. And remember if you lose it all, you lost 100.00 if it rises you win big! Just my opinion here. I really enjoy these posts. Thanks to all who post here.
i agree. CMKM is probably a laundry mat or gas station. however, NOBODY here knows. so, my advice is buy this $100 lottery ticket and then ignore it. if your portfolio is insanely huge one morning then you can laugh at all the people that bashed this stock. if you lose $100 then you can at least know that you took a chance.
if you can't afford to lose $100 in the pinks then get out of them now!!!
posted
Look at CMKM Joint Venture partners they have value in the JV claims already. Look at United Carina Resources (CDNX-UCA-V), Consolidated Pine Channel Gold (CDNX-KPG-V) and Shane Resources (CDNX-SEI-V) on the link. HMMMM http://www.diamondplay.com/s/Region-Saskatchewan.asp
posted
The game is over. Boy I feel sad now. I guess I will take my ball and go home. Again no factual news. It would be nice to see someone back up there statements with facts. There is no facts one way or the other that you can hang your hat on. No one knows anything about this company except past history and they got financing for over 5M to start drilling with a rented drill. So until there is I will just hang on for a while. Because I figure no one would just hand out 5M on a scam. But what do I know I am nuts and should be in a nut house. Oh I see them now "their coming to take me away ha ha the little men in their little white suits their coming to take me away ha ha".
[This message has been edited by Bart (edited March 06, 2004).]
quote:Originally posted by Bart: The game is over. Boy I feel sad now. I guess I will take my ball and go home. Again no factual news. It would be nice to see someone back up there statements with facts. There is no facts one way or the other that you can hang your hat on. No one knows anything about this company except past history and they got financing for over 5M to start drilling with a rented drill. So until there is I will just hang on for a while. Because I figure no one would just hand out 5M on a scam. But what do I know I am nuts and should be in a nut house. Oh I see them now "their coming to take me away ha ha the little men in their little white suits their coming to take me away ha ha".
[This message has been edited by Bart (edited March 06, 2004).]
Hey Bart it seems me and you are the only ones who are waiting for some facts. Maybe in two weeks the facts will be clear and the stock will jump? but who knows and a scam should have been shut down months ago. Also CMKM will save lots of money by renting a drill so their profits will be enormous if they find anything. Give me some of your stock picks because you sound like a person who knows what you are talking about. Thanks
Something has to happen to force the market makers account for those shares that have been shorted. That’s why the CUSIP# must change. The new CUSIP# will be linked with the old CUSIP# by the name of the company first, the address second, and everything else third.
Each share located at a stock’s Transfer Agent (or the company when they are their own Transfer Agent) is tracked electronically by a CUSIP#. The stock certificate is a thing of the past. Whenever a CUSIP# changes, the Market Makers are required to match each share with the old CUSIP# with the new shares of the new CUSIP# for accountability purposes.
The DTC is the one who collects and disseminates the shares into your brokerage account. The information to make such happen is given to them by the Transfer Agent (or the company). In this case here, 1st Global Stock Transfer has the responsibility to do such. So once 1st Global Stock Transfer receives the new CUSIP# from the SEC for an already coordinated amount of shares indicated, they will send that info to the DTC.
Your Brokerage Company ultimately has the responsibility for squaring the amount of shares to come up with in your account with the MMs. If they have been shorted, then it’s up to your Brokerage Company and the MMs to figure this out for you to resolve any share discrepancies that exist.
Ultimately, with the assignment of a new CUSIP#, all of CMKM shares will be collected and redistributed under the new CUSIP# from the DTC to the Brokerage Companies. They must be accounted for. All of the old shares with the old CUSIP# will be swapped out for the new shares with the new CUSIP#. The MMs will have some serious problems, as they are aware of, if they are still some old shares with the old CUSIP# out there in people’s brokerage accounts waiting to be swapped out for new shares with the new CUSIP#.
Here’s when it should start to get good. When demand is generated and there is not enough supply to fulfill that demand, then the Market Makers will be forced to entice selling by increasing the bid to create more selling than buying to keep from having an unbalanced share account for CMKM. It’s up to the company to generate demand and I trust that CMKM have done so and will continue to do so.
If buying is outweighing the selling then they must raise the bid high enough to force them to cover their short positions, especially if the float has already been absorbed. This causes the Market Makers to chase the stockholders as opposed to the norm of the stockholders chasing the Market Makers. Personally, I don’t have anything against Market Makers because I under stand that they can sell shares of a stock they don’t own in order to make an orderly market. I think they have a limit for each issue of up to 10% of the stock’s Outstanding Shares. While some view this as Market Makers facilitating the market, many view such actions as manipulation and robbing from innocent investors.
As somewhat discussed earlier, the result would be investors complaining to their Brokerage Company. Then their Brokerage Company would be the one complaining to the DTC since the DTC was the one responsible for taking the investor’s money to give to the Market Makers to buy the shares with the old CUSIP# in the first place. The DTC will also have the same responsibility for making sure the same coordination take place for exchanging those shares electronically with the new CUSIP# with the Market Makers and placing those shares into investor’s brokerage accounts. Questions like, “Where are my shares?”
That’s why so many companies are so disappointed with the DTC today. Since the MMs are not forced to cover, the situation had never gotten corrected with many stocks. Changing of the CUSIP# places CMKM first in line ahead of the other stocks to be rectified with the rule that’s kicking in on 20 Feb 04. The OTCBB or OTC governing authorities can’t tell if a company’s stock have been shorted or not, since it’s all done electronically. The Market Makers and the Brokers are aware of these short positions though. Some companies are too.
They will only cover when they are forced to warrant accountability of those short positions. The responsibility of the monitoring of a company’s stock and making sure such short positions are resolved ultimately resides within the company first. If a company doesn’t take action to remedy their situation, nobody else probably will either. CMKM fully understands this and is taking action.
About the CUSIP# change on another level, the coordination actually takes place between CMKM and the "CUSIP Service Bureau" for changing the CUSIP#. I was told that every company could not change their CUSIP# as they desire. The CUSIP Service Bureau has a detailed process for determining and assigning a company’s new CUSIP#.
CMKM ultimately is responsible for establishing legitimacy for trading purposes under the new CUSIP# by coordinating with the NASDAQ Officials and for establishing the legitimacy of being valid by filing such with the SEC. They are in the process of doing so to have on file their intentions of action with the SEC.
I was told that stocks on the OTCBB/Pink Sheets would not be assigned the additional letter to their ticker for the 20 day grace period as the NASDAQ stocks would have done with CUSIP# changes.
I was told that it is mandatory for stocks on the OTCBB to change their ticker when they change their CUSIP#. That's neither "here" nor "there" in the big picture for CMKM in my opinion. Only FYI.
I was also told that there is a 1 hour express service that's available for CMKM to accelerate the process of changing their CUSIP# if they deem such to be necessary. I’m sure CMKM is aware of this.
For further verification, one could call the CUSIP Service Bureau at 212-438-656 or at the link below: http://www.cusip.com/
One could also get some information from the NASDAQ Help desk at 1-800-777-5606 or at the link below: http://www.nasdaqtrader.com/
I hope this helps.
Sterling __________________________________________________ May God Bless All.
Melvin's conversation from this am... Copied from Yahoo after first being posted on RB... This guy says he talked to Melvin at cmkm today.
Melvin just called me back after I left a message for him last night with my concerns with the MORON Aberdeen's post purporting to be Urban's 2nd cousin and the Filth that he was spreading on the board. We discussed this and other issues: 1) he stated that he read Aberdeens posts and he was disgusted by them and he will get to the bottom of it and has forwarded this info to the board. 2) he denies stating that he told jokeintoe the share retirement is complete, it maybe near but he states he never said it was complete ( Joke..not looking to discredit you just informing you as to what he said and that he had read your post ). The drilling will commence next week ! )3)there have been 150 or so pipes that have been discovered in the Fort a la Corne area and they will undeniably be the RICHEST in the world and that this area in 5-7 years will be responsible for 8-12% of the world's diamonds. 4) he referred to this area as " Canada's Best kept secret " 5)of the 150 pipes there are " some " that are on CMKM property. 6) he stated that if you were to open pit mine the 150 pipes that in all, if in the same area, that you would have an area 60 miles long by 30 miles wide producing 8-12 million dollars a day in diamonds. And the reason that some of these " companies " don't open pit mine is for fear of flooding the market and having diamond prices fall. 7) there is a Company that is open pit mining 3 pipes that produce 1 million a day right now.
This is the first time that I have spoken with Melvin and found him to be very sincere and honest. He states that when asked a question he will never lie and if he does not have the answer he will get it. He also states that his #1 priority is not CMKM, but the shareholders. He is usually off on Saturdays but had some many phone messages that he wanted to come in an address our concerns. He is not happy at all with the 500b o/s but states firmly that this Company has great potential...but needs a bit more polish as far as the management is concerned.
posted
Joey: I have CMKM as you know. But the two I feel are going to big big runners are QBID and IBZT. I have been in both of these now for quite a while now and made very goooood money. I think both are just getting started on what they will be worth. Their potential is hugh. I see that some people like you as much as me. The main thing is that they hate people who make a lot of money when they make peanuts. I am a chance taker and like the excitement. Take the shot if you lose so be it but boy the rewards can be great. And in the case of the other two I have the rewards will be. As you notice I like it when they talk down a stock and I ask them for a few facks and of course they do not reply with any. CMKM has great potential and if they hit wholly cow. I liked it when they all laughed at renting a drill. That was a very smart move on CMKM's behalf. Good luck to all of us and hang tough Joey because we are not as smart as all the others. So we will just have to get an accountant to count our money for us. He HE
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quote:Originally posted by Bart: Joey: I have CMKM as you know. But the two I feel are going to big big runners are QBID and IBZT. I have been in both of these now for quite a while now and made very goooood money. I think both are just getting started on what they will be worth. Their potential is hugh. I see that some people like you as much as me. The main thing is that they hate people who make a lot of money when they make peanuts. I am a chance taker and like the excitement. Take the shot if you lose so be it but boy the rewards can be great. And in the case of the other two I have the rewards will be. As you notice I like it when they talk down a stock and I ask them for a few facks and of course they do not reply with any. CMKM has great potential and if they hit wholly cow. I liked it when they all laughed at renting a drill. That was a very smart move on CMKM's behalf. Good luck to all of us and hang tough Joey because we are not as smart as all the others. So we will just have to get an accountant to count our money for us. He HE
Nice but I feel their is almost no risk in this stock because the price is so low that their is only one way the price can go. UP!
Casavant Mining Kimberlite International Announces Purchase of Drill Rigg, Accessories, Extra Equipment for Drilling
Company Signs One Year Contract With Experienced Drill Foreman to Oversee Drill Operation Program - Commits to Drilling Numerous Holes in Search Of Kimberlite Pipes in the Forte a la Corne Area and Green Lake Area
LAS VEGAS, Jan 21, 2004 /PRNewswire-FirstCall via COMTEX/ -- Casavant Mining Kimberlite International (Pink Sheets: CMKM) announced today that the company has purchased its own Drill Rigg and all equipment necessary to drill for diamonds. The company has also purchased secure warehouse facilities and living quarters for company drillers to work around the clock. In addition Security Fencing has been ordered for the protection of the facilities. Urban Casavant President of CMKM stated, "Now that we have purchased our own Drill Rigg, the company is in a position to drill numerous holes at a reduced cost. This gives us a tremendous advantage in speeding the process of finding diamonds. We are excited to finally move forward with the drilling process, and now have our own drilling facilities to support the program and secure our core drillings for lab analysis."
Drill equipment is being immobilized immediately to facilities in preparation for drilling first target. The company approximates drill permits to be approved by the end of the month and drilling to commence.
Casavant Mining Kimberlite International Announces Purchase of Drill Rigg, Accessories, Extra Equipment for Drilling
Company Signs One Year Contract With Experienced Drill Foreman to Oversee Drill Operation Program - Commits to Drilling Numerous Holes in Search Of Kimberlite Pipes in the Forte a la Corne Area and Green Lake Area
LAS VEGAS, Jan 21, 2004 /PRNewswire-FirstCall via COMTEX/ -- Casavant Mining Kimberlite International (Pink Sheets: CMKM) announced today that the company has purchased its own Drill Rigg and all equipment necessary to drill for diamonds. The company has also purchased secure warehouse facilities and living quarters for company drillers to work around the clock. In addition Security Fencing has been ordered for the protection of the facilities. Urban Casavant President of CMKM stated, "Now that we have purchased our own Drill Rigg, the company is in a position to drill numerous holes at a reduced cost. This gives us a tremendous advantage in speeding the process of finding diamonds. We are excited to finally move forward with the drilling process, and now have our own drilling facilities to support the program and secure our core drillings for lab analysis."
Drill equipment is being immobilized immediately to facilities in preparation for drilling first target. The company approximates drill permits to be approved by the end of the month and drilling to commence.
Casavant Mining Kimberlite International Announces Purchase of Drill Rigg, Accessories, Extra Equipment for Drilling
Company Signs One Year Contract With Experienced Drill Foreman to Oversee Drill Operation Program - Commits to Drilling Numerous Holes in Search Of Kimberlite Pipes in the Forte a la Corne Area and Green Lake Area
LAS VEGAS, Jan 21, 2004 /PRNewswire-FirstCall via COMTEX/ -- Casavant Mining Kimberlite International (Pink Sheets: CMKM) announced today that the company has purchased its own Drill Rigg and all equipment necessary to drill for diamonds. The company has also purchased secure warehouse facilities and living quarters for company drillers to work around the clock. In addition Security Fencing has been ordered for the protection of the facilities. Urban Casavant President of CMKM stated, "Now that we have purchased our own Drill Rigg, the company is in a position to drill numerous holes at a reduced cost. This gives us a tremendous advantage in speeding the process of finding diamonds. We are excited to finally move forward with the drilling process, and now have our own drilling facilities to support the program and secure our core drillings for lab analysis."
Drill equipment is being immobilized immediately to facilities in preparation for drilling first target. The company approximates drill permits to be approved by the end of the month and drilling to commence.
posted
All CMKM Joint Venture partners PPS up friday. Look at United Carina Resources (CDNX-UCA-V), Consolidated Pine Channel Gold (CDNX-KPG-V) and Shane Resources (CDNX-SEI-V) on the link. HMMMM http://www.diamondplay.com/s/Region-Saskatchewan.asp
posted
I own free shares in this one. As far as only one way to go? If you factor in a reverse split. There are TWO posible directions for CMKM.
Just a 1 for 10 RS would allow the price to fall right back to where it is now. Turning a 100.00 investment into a 10.00 value.
It is not my opinion that this will take place in the near future. As a matter of fact this is one of the things I will be watching to help me understand better, what the intentions of the company might be.
After speaking with the contact person listed in their PR's. It was my understanding that they are NOT going to do a R/S. Because they do not feel it is in the best interest of the shareholder.
I felt positive about our conversation. Understood why so many are angry (with good reason). Have hope that what I was hearing has some sort of basis in fact. I also hope that the intentions of Casavant are being misunderstood. Who knows? I do not. I do know, you can not KNOW someones intentions by their actions.
Someones THOUGHTS, even their INTENTIONS can be right. Even though the ACTIONS they take, may look to be very wrong.
Free shares and holding.
PAUL
quote:Originally posted by joeyisthebest: Nice but I feel their is almost no risk in this stock because the price is so low that their is only one way the price can go. UP!
------------------ But godliness with contentment is great gain. For we brought nothing into this world, and it is certain we can carry nothing out.
posted
It is my understanding that they have 2 rigs. One of their own and they rented one. I read that they were going to drill at two different locations so they rented one. Where they could do this. To me it makes no difference what negativity people put out. I will make good money on this stock. As I do on most stocks. People like to degrade stocks for several reasons. This will be a real gem or a complete bust. Thats the nature of penny land. You put your chips out and deal the cards. When someone degrades a stock just ask them to prove it with a site where you can go and read factual information on it. If they say it is a scam just tell them to report them to the SEC. You will get no replies to these. I have said it many times to people and not one single response on the facts side or the SEC side. I go by my feelings a lot when I get a stock and I feel this little guy just might surprise us. Hoping for the best. My umble opionion based on no facts what so ever.
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quote:Originally posted by Bart: It is my understanding that they have 2 rigs. One of their own and they rented one. I read that they were going to drill at two different locations so they rented one. Where they could do this. To me it makes no difference what negativity people put out. I will make good money on this stock. As I do on most stocks. People like to degrade stocks for several reasons. This will be a real gem or a complete bust. Thats the nature of penny land. You put your chips out and deal the cards. When someone degrades a stock just ask them to prove it with a site where you can go and read factual information on it. If they say it is a scam just tell them to report them to the SEC. You will get no replies to these. I have said it many times to people and not one single response on the facts side or the SEC side. I go by my feelings a lot when I get a stock and I feel this little guy just might surprise us. Hoping for the best. My umble opionion based on no facts what so ever.
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Time will tell on this one, I am in for 70Million. I bought in having in mind the new ticker change. I have only made money on this stock and I really don't see how anyone could take a loss on it at these prices.
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Love this little company..brings out the gambler in me..hey, it worked on IBZT and QBID...made moocho money..I'm only in for 4 million shares so far..I spend that on lottery tickets...good luck!
posted
Ok, lets look at some facts. Please note the dates of these p/rs:
Casavant Mining Kimberlite International Announces Purchase of 25 Mineral Claims and Ground Magnetic Survey Update 9/3/2003 9:30:00 AM LAS VEGAS, Sep 3, 2003 (BUSINESS WIRE) -- Casavant Mining Kimberlite International ( CMKM ) is pleased to announce the purchase of 25 mineral claims from North Sask Ventures Limited (a private company), approximately 10,912 acres in the Fort a la Corne area. After airborne magnetic surveys were conducted in the Fort a la Corne area, most of these claims were staked by previous claim holders, due to anomalies that were acquired from data taken from the airborne magnetic surveys. Two of the 25 claims are adjacent to known diamond-bearing property operated by Kensington (KRT), Cameco, DeBeers Joint Venture in Fort a la Corne. Claim #S-135017 is south of kimberlite body #152 and claim #S-15016 is north of kimberlite body #168 both which are operated by the joint venture. Claim #S-135018 is adjacent and north of Shore Gold's (SGF) Birch Lake kimberlite. The remaining mineral claims are strategically located and are currently surrounded by numerous other claims held by CMKI and other claim holders in the area.
Durama Enterprises Ltd. which was recently awarded the mining and exploration contract for CMKI have mobilized their crews and are currently working on the first phase of the contract. Durama has obtained and is authorized work permits which were issued by the Saskatchewan Environment approved for these 25 mineral claims and the previously announced 30 priority targets selected by senior project geologist, Dr. Mark Hutchison. These work permits are issued for line cutting and ground geophysics which include magnetic surveys, as well as gravity surveys. Seven targets of the first 55 selected have had ground magnetics completed by Durama on them with a gravity survey follow-up to commence shortly. Results for the first 7 targets are expected later this week or the first of next week. If the gravity survey is confirmed positive, the target will be drill-ready.
September of 2003. Duramas crews are mobilized and ready to begin work. Are they still waiting? Next:
Casavant Mining Kimberlite International Announces Diamond Drill Core Sampling To Commence In October 9/17/2003 9:31:00 AM LAS VEGAS, Sep 17, 2003 (BUSINESS WIRE) -- Casavant Mining Kimberlite International (Pink Sheets:CMKM) is pleased to announce that drilling will begin on or before October 24, 2003, to obtain diamond drill core samples.
Durama Enterprises, Ltd. has completed preliminary surveys to identify the first 5 targets for drilling. The first 5 targets are the highest priority, to date.
Casavant Mining will be initiating their first diamond drill core sampling of a series of core sampling expected within the next few months. In addition to the 55 possible targets already identified, 96 more targets have been added to the list, for a total of 151 possible targets, thus far. The 151 possible targets identified are derived from data acquired, both public and private, these targets represent only a small percentage of the claims held by the Company. These targets were identified out of the first core block and the 25 newly acquired claims. As data is being released and reviewed, new targets are being identified after thorough analysis and cross-referenced with other available historical data. Exploration work, ground magnetic surveying and gravity surveying will continue on the 151 possible targets identified.
September 2003 again. Drilling to commence in October. Didn't happen. Next:
Casavant Mining Kimberlite International Announces Retirement of Another 4.4 Billion Shares for a Total of 13,420,371,427 CMKM Shares of Stock to Date 10/20/2003 8:30:00 AM LAS VEGAS, Oct 20, 2003 /PRNewswire-FirstCall via COMTEX/ -- Urban Casavant, President of Casavant Mining Kimberlite International (Pink Sheets: CMKM) announced today that the company has approved the retirement of another 4.4 billion shares for a total 13,420,371,427 shares of CMKM stock to date. This retirement of stock was approved unanimously by the board of directors to create greater value to its shareholders by reducing the amount of shares issued by the company. The company plans to retire all shares of stock back to the treasury. As soon as all dividend shares have been accounted for by the DTC from the CMKM stock split, the total amount of shares issued minus shares retired will be announced.
October 2003. The last line of this p/r is the important one here. The o/s was supposed to be announced. Didn't happen. Next:
Temporary Drilling Delay at Fort a la Corne for Casavant Mining Kimberlite International 10/30/2003 9:30:00 AM LAS VEGAS, Oct 30, 2003 (BUSINESS WIRE) -- Casavant Mining Kimberlite International (Pink Sheets: CMKM) regrets to inform its shareholders that the company's exploration efforts in Fort a la Corne have been temporarily set back in their schedule for electro magnetic surveying and the drilling which was to commence late last week. The delay is from unexpected magnetic storms caused by "sunspots" or explosions on the sun, as reported by numerous sources recently on the news and Internet. Scientists observed the biggest explosion in 30 years on Tuesday, which produced a particle cloud 13 times larger than Earth and hurtled through the solar system at more than 1 million miles per hour. The geomagnetic storm is expected to disrupt communication satellites, television transmissions, GPS navigation and possibly the flow of electricity in some areas.
The company made a decision to suspend the electro magnetic surveying necessary after receiving notification from Durama Enterprises Limited that space weather forecasters warned of the possibility of a solar storm last week. The exploration contractor was completing GPS navigation and the last of a series of surveys, prior to drilling the sites already chosen for core sampling, before the interruption. The delay was necessary for the company given the circumstances to achieve the best possible results without interference or faulty readings. The pause in field work will give the exploration contractor time to compile and analyze data gathered, to date, and plan additional magnetic surveys to be done. When a more definitive timeline has been established, it will be announced.
This one's my favorite! Sunspots causing a drilling delay. I'll even grant them that one but it was 5 months ago! Are the solar flares still ongoing? Next:
Casavant Mining Kimberlite International Begins Excavation Process For Kimberlite Indicators in Green Lake Area 11/13/2003 12:33:28 PM LAS VEGAS, Nov 13, 2003 /PRNewswire-FirstCall via Comtex/ -- Urban Casavant, President of Casavant Mining Kimberlite International (Pink Sheets: CMKM) announced today that Exploration Geologist Dr. Mark Hutchinson and Crew commenced yesterday in an aggressive excavation process for Kimberlite Indicators and will be working continuously until December 10, 2003 in preparation for the winter drill program
November 2003. Winter drill program? Next:
Casavant Mining Kimberlite International Announces Negotiation With Two Public Companies for Buyout of Mining Claims 12/29/2003 9:05:47 AM LAS VEGAS, Dec 29, 2003 /PRNewswire via COMTEX/ -- Casavant Mining Kimberlite International announced today that the company is evaluating two offers from public companies for a partial buyout of selected mining claims.
Urban Casavant President of CMKM, stated, "We are negotiating with two public companies who would like to buy sizable portions of our mining claims. Obviously they see substantial value in our claims. We will announce our decision of a buyout and the terms by the end of January 2004. Our goal is to make the best decision which will benefit our shareholders."
December 2003. Buyout of mining claims to be announced by the end of January 2004. It's now March. What happened?
These are just a few examples of how this company operates. This post could go on for pages But I think you get the picture. Just the facts.
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There old business. You invest in the future and the past. Why is it that you neg people always live in the past. If you do not like the stock DO NOT BUY IT. Same way as on the TV TURN IT OFF or CHANGE THE CHANNEL. Man this stuff gets old. I am right now trying to buy 10M more shares. I usually do not buy stocks that lose money. Example IBZT QBID. 2 for 2 there. I own three penny stocks now CMKM, QBID and IBZT. Boy thats bad company to keep. Heard the same about those two to abd still hearing it. As I laugh my way to the bank. Keep the negative stuff flying it really probably helps who knows. Everyone have a great day and hoping I can pick up some more CMKM today.
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quote:Originally posted by Bart: There old business. You invest in the future and the past. Why is it that you neg people always live in the past. If you do not like the stock DO NOT BUY IT. Same way as on the TV TURN IT OFF or CHANGE THE CHANNEL. Man this stuff gets old. I am right now trying to buy 10M more shares. I usually do not buy stocks that lose money. Example IBZT QBID. 2 for 2 there. I own three penny stocks now CMKM, QBID and IBZT. Boy thats bad company to keep. Heard the same about those two to abd still hearing it. As I laugh my way to the bank. Keep the negative stuff flying it really probably helps who knows. Everyone have a great day and hoping I can pick up some more CMKM today.
Two months ago is old business? A year of BS PR's is old business? Good luck in the stock market
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