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A New Number A New Name ---------------- At the risk of starting some great debate. (Not my intent). Does anyone have any educated opinion as to how this will play out tomorrow and the next few days?
Could this turn into an "ignorant momentum play"?
By people that are unaware of this company, seeing a new symbol, tons of volume etc. Then deciding to buy in before they miss the stampede?
Any thoughts relevent to my question would be appreciated.
PAUL
------------------ But godliness with contentment is great gain. For we brought nothing into this world, and it is certain we can carry nothing out.
quote:Originally posted by PAUL: A New Number A New Name ---------------- At the risk of starting some great debate. (Not my intent). Does anyone have any educated opinion as to how this will play out tomorrow and the next few days?
Could this turn into an "ignorant momentum play"?
By people that are unaware of this company, seeing a new symbol, tons of volume etc. Then deciding to buy in before they miss the stampede?
Any thoughts relevent to my question would be appreciated.
PAUL
IS THIS THE NEW SYMBOL FOR CMKM? WHEN DOES THIS TAKE PLACE?
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The old cmkm is history, this is a new start. There are a lot of things going for cmkx and this makes it so it can start living again.
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Everyone is going crazy on RB about this. Rummer is that there might be a PR now about the new O/S count. That would really be something.
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Listen: Stop this stuff. You people are going to make me call into work sick where I can see this in action. Please do not make me do that. OK I am going to call into work. Thanks for the help in making up my mind. Go CMKX and if it does YOYO you will look like a genious. I hope green lights the place up. Diana another sleepless night. I am sleepy but to excited to sleep.
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I looked at msn.com for the after hours price and it is showing CMKM is at +4.21.....what the hell is going on? Is something messed up because they had a symbol change????
Also, if there is a big jump will I need to sell my cmkm shares under cmkx or will the online broker take care of that part, and I just need to hit sell...??? Thanks
quote:Originally posted by glfpimp: I looked at msn.com for the after hours price and it is showing CMKM is at +4.21.....what the hell is going on? Is something messed up because they had a symbol change????
Also, if there is a big jump will I need to sell my cmkm shares under cmkx or will the online broker take care of that part, and I just need to hit sell...??? Thanks
Pimp: I'll say one thing you are ready. Your broker should have it under the new symbol. The quote on MSN is for only 7.5 thousand shares and is not worth saying that it is not accurate. I seen this many times and it means nothing for in the morning. Sorry. I hope though we get some green tom. Bring us home YOYO.
quote:Originally posted by Bart: Pimp: I'll say one thing you are ready. Your broker should have it under the new symbol. The quote on MSN is for only 7.5 thousand shares and is not worth saying that it is not accurate. I seen this many times and it means nothing for in the morning. Sorry. I hope though we get some green tom. Bring us home YOYO.
Let me just throw this in. That is bogus unless a stock split hit with out us knowing it after the bell. I do not believe I just said that but what ever.
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quote:Originally posted by Bart: [QUOTE]Originally posted by Bart: [b] Pimp: I'll say one thing you are ready. Your broker should have it under the new symbol. The quote on MSN is for only 7.5 thousand shares and is not worth saying that it is not accurate. I seen this many times and it means nothing for in the morning. Sorry. I hope though we get some green tom. Bring us home YOYO.
Let me just throw this in. That is bogus unless a stock split hit with out us knowing it after the bell. I do not believe I just said that but what ever.[/B][/QUOTE]
Just for fun, that would be a 42,100 to 1 split. That would get the OS down.
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They changed their name, symbol and cusip? Are they now officially nasdaq or are they trying to confuse us? If someone could explain this to me I'd be grateful.
p.s. I bet they can get a great deal on diamonds on ebay...
quote:Originally posted by Rounder23: Does anyone think that this stock is going to go up any time soon?
If history is any indication, no. In my humble opinion, until we get concrete numbers, in particular outstanding shares, there is no way the price will move significantly. Also a DRASTIC change in direction of the company will be required to restore faith in the more jaded (no pun intended) shareholders.
quote:Originally posted by CGHitman14: Did CMKX just go to 0? It says 0.00 now and not 0.0001...
YES--THAT MENT IT FELL TO UNDER .00005..SUCKS HUH. SOMETIMES A NAME CHANGE AND A SYMBOL CHANGE JUST DOES NOT DO ANYGOOD. A BAD REPUTATION IS VERY VERY HARD TO OVERCOME. UNFORTUNATE BUT TRUE.
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Roses are red violets are blue I saw no green today what about you. CMKX no green YOYO. Do you think we will see any by the end of the week say maybe .0002 or .0003. We did see it even go below .00005. Now question time. Does anyone know where you can trade stocks 5 #s on the other side of the .00055. Ameritrade only lets you trade 4 on the other side. .0005 or .0006. Hoping for a answer.
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CMKX will go I am not overly concerned. I own a few stocks and will just wait and see. If I remember correctly I was also told not to by IBZT and QBIT. I did not here them then and I do not here now. My real question is. Is there somewhere where you can trade a stock 5 #s on the other side of the decimal point. .00055 etc.
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Saskatoon company continues drilling program A fifth company joins the scene at Fort a la Corne
BY JORDIE DWYER Journal Staff
Nipawin Journal — Saskatoon company continues drilling program A fifth company joins the scene at Fort a la Corne BY JORDIE DWYER Journal Staff Diamond exploration in the Fort a la Corne region is progressing nicely for Shore Gold as another exploration company joins the fray. Saskatoon-based Shore Gold (SGF) announced last Wednesday that it is continuing to mine the lateral drift it started more than a month ago and further mining of the main shaft. In a press release, senior vice president of exploration George Reed explained the kimberlite processing plant at the site is now fully operational and has processed about 1,000 tonnes to date. The diamonds recovered are being sent for evaluation, but the company stated the results of that evaluation will not be released publicly until all of the 25,000 tonne bulk sample has been processed and evaluated. The first lateral drift - at the 175 metre level - is nearly complete, which means the company is moving down to the site of the second drift at the 215 metre level. Before that happens though, a core hole from the main shaft is being drilled to 250 metres below the surface so that geologists can obtain information that will be essential to the planning for mining the next lateral drift. Meanwhile, a fifth exploration company will soon begin operations in Fort a la Corne. CMKM Diamonds Inc. (CMKM), formerly Casavant Mining Kimberlite International, is a newly formed exploration company based in Las Vegas that is traded as an over-the-counter (OTC) stock. The company announced Feb. 13 that it is shipping drilling equipment to the area shortly and will begin a four to six-month core hole drilling program. President Urban Casavant said the company is now positioned to take this next step after months of preparation. "The significance of this turning point is a major accomplishment for the company. The expenses saved on an in-house drilling program will allow for more core sampling than originally expected," he stated. CMKM has also joined forces with several other small exploration companies with claims in Fort a la Corne to pay for an airborne geological survey. Signing onto the deal are Las Vegas-based U.S. Canadian Minerals (UCAD), Shane Resources (SEI) of Saskatoon, Consolidated Pine Channel Gold Corporation (KGP) from Vancouver and United Carina Resources (UCA) of Saskatoon. The survey will get under way in about three weeks and should prove to be a great benefit to all of the companies involved. "Working hand in hand with our neighbouring companies in a joint effort of this size will not only save large amounts of expense for each company in exploration stage work, but share common ground with technologies and experiences to bring success to all of our shareholders," said Rendal Williams, president of U.S. Canadian Minerals. CMKM also announced last week that a long time individual investor of the company has provided $1.8 million to allow for a feasibility study and core sampling to be done in Fort a la Corne and at the company's claim at Green Lake, Sask. Once the work is complete, the investor has pledged to provide another $3.2 million.
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Why Is there no info on the price of this stock? I saw a post where it hit .00005. Is this true? If so should one buy more at this price?
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This is a question you need to answer for yourself.
I WOULD NOT invest too much here. Even if everything was above board. There is SO much negative emotion regarding this stock it might be hard for it to move.
I don't know why this one gets so much attention. In penny land, a company that does not do what they say. Does not have a product. Does not have any source of income. I think the list would be huge.
CMKX, though. When someone is speculating that there might be some movement. It seems everyone comes out to make it known that it is AT BEST a LONG SHOT.
I have only MADE money on CMKM. Mostly due to timing and a split. Though patience can not be discounted ither. I could have sold at .0001 months ago but, held out till it popped a few weeks ago and made money.
Does it have problems? YES. Does it have BAD history? YES. Do I know what I'm doing? NOT YET
Does it have a future? Probably not but, I am not selling my shares now.
In the market right now, how much of a stocks price really has to do with the value of the company. VERY LITTLE in my opinion.
I hope tomorrow, someone thinks that this stock is worth more than it is now. I hope next month, CMKX drills a hole. I HOPE, Urban Casavant is a better person than what many people seem to think he is.
Though I would not invest much in these hopes.
PAUL
quote:Originally posted by bigdaddy: Why Is there no info on the price of this stock? I saw a post where it hit .00005. Is this true? If so should one buy more at this price?
------------------ But godliness with contentment is great gain. For we brought nothing into this world, and it is certain we can carry nothing out.
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