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May be you are right. But mine was set during the last pop . I saw all of a suddent a bunch of trades (all with 3 Mil volume) go through. Or does that mean the company pmping in more shares at .0001. For me this CMKX is a big mistery, I hope this gamble works for all of us.
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CMKX-treme funny car..a 300MPH billboard coming to a local ESPN2 near you soon.. April 3 to be exact..I guess that will be a figment of my imagination too.. http://www.nhra.com/2004/news/march/032301.html
quote:Originally posted by Dave: CMKX-treme funny car..a 300MPH billboard coming to a local ESPN2 near you soon.. April 3 to be exact..I guess that will be a figment of my imagination too.. http://www.nhra.com/2004/news/march/032301.html
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Yeah I know, here comes the CMKX basher. One thing that differentiates QBID or IBZT from CMKX is that both QBID and IBZT had bid prices, of all the MM's not one has a bid price, means they don't want to buy, they want to sell. Just food for thought, good luck
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Paul, they're only drilling one hole where they're at right now and going down to 2000 feet. Out of the first 900+ feet, 500 feet was through kimberlite Ore. Which is where they're at now. They will be drilling in 14 other locations they have already targeted. When I talked to Durama Enterprises (they were doing geographic work for UC at one time) 6 months ago. They told me over the phone that when digging for Kimberlite they usually go 300 feet. If they find nothing they move on. CKMX didn't find Kimberlite until over 400 feet. Without Kimberlite there is no diamonds. We have hit a chit load of Kimberlite. Up in Saskatchawan 80% of all Kimberlite Veins have had diamonds in them. Hopefully we have hit the mother load. 500 feet (the length of a football field & 2/3 of another) is the depth of kimberlite so far and counting. That's a lot of Ore. Tell me that with that much Ore it isn't loaded with diamonds? Move over DeBeers Diamonds and make way for Casavant Diamonds. Casavant Diamonds definitely has a better ring to it.
quote:Originally posted by DiQuiRiesco: Yeah I know, here comes the CMKX basher. One thing that differentiates QBID or IBZT from CMKX is that both QBID and IBZT had bid prices, of all the MM's not one has a bid price, means they don't want to buy, they want to sell. Just food for thought, good luck
Wrong. QBID did not then nor now have a bid or ask price only IBZT. I love bashers.
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just because you can't see the bid and ask on ameritrade streamer doesn't mean it isn't there, thirty bucks a month alpha trade, look at it for yourself. No bid and ask is .0002.
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I bought this stock because I love geology and every kind of precious and semiprecious stone. I was watching a documentary on Kimberlite and diamonds on a site in Canada and it was very exciting and cool and I wanted to be in on something like that. I think we will have diamonds. The big question is how many shares of this stock and the value of the diamonds. I have no doubt that the value of the shares I have puchased at .0001 will make money. I expect that it will take a while to get airborn. The largest number of sells will be at .0002. Once it gets past .0004 it will be real interesting. I have $300 invested. If I lose the $300 it will be against some other gain and not too big of a loss. If it goes to .01 it would be $30,000 and every penny is $30,000 more. I bought when it looked bleak, for me it would be silly to sell when it is just starting to look good. DD on this one is hard. Their website's message boards ask for the share count and they don't give it. Good luck to ALL-don't play more than you can stand to lose. -Debi
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Here is the link to the interview with Tom Allinder of hotstockschat.com interviewing Dr. Mark Hutchison, Consulting Geologist for CMKX and now key personnel with UCAD. http://www.tradersnation.com/cmkm.shtml
Dr. Hutchison confirmed with Tom Allinder that if a large mine is developed by Casavant’s program that he is putting in place, the claims could very easily be worth $40 to $80 billion in US dollars. This is a good interview to listen to if you have not done so already.
I think this is why the primary focus is directed towards developing the mines and at the best locations. It appears that such has been determined with this location named after his wife, the "Carolyn Pipe."
I repeat, the geologist Dr. Mark Hutchison interviewed by Tom Allinder stated that CMKX claims could easily be worth "$40 to $80 billion" if they develop a large mine.
quote:Originally posted by DiQuiRiesco: Yeah I know, here comes the CMKX basher. One thing that differentiates QBID or IBZT from CMKX is that both QBID and IBZT had bid prices, of all the MM's not one has a bid price, means they don't want to buy, they want to sell. Just food for thought, good luck
Hey stock basher when do suddenly decide to buy a stock when the run has already happened and their is no chance of you makeing money. Ever herd of no risk no reward? well I belive that this stock is the best and after april 3 this stock should hit a dollar.
quote:Originally posted by joeyisthebest: Hey stock basher when do suddenly decide to buy a stock when the run has already happened and their is no chance of you makeing money. Ever herd of no risk no reward? well I belive that this stock is the best and after april 3 this stock should hit a dollar.
A dollar? Lets be real... maybe 20 years after april 3rd. Don't get me wrong, I have a small position and would love to see a dollar, but just because you think there might be 40-80 billion worth of diamonds on the property doesn't mean that the stock will jump to a dollar. Even if they say there could be that many it won't come near. Maybe when they recover 80 billion dollars with of diamonds the pps will have risen to a dollar, but don't expect it anytime soon after april 3rd.
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This wont get over .001 without a R/S IMO. There are simply too many shares. Even if they find a diamond the size of my head, whatever its worth divided by infinity is still zero. If you can get .0002 for it, take your double.
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What is everyone's opinion on this? Do you think they could be buying back and retiring shares at this low price? I see it being very possible with the amount of shares being traded. JMO could be totally wrong. And by the way i would love to see a dollar! LOL. Would give me a good start on KMA Estates!
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I am not sure of the details of their intention. (Not doubting what you have posted.) My previous point is that what ever their intent was, I hope they stick with it. In the last video I saw the man being interviewed stated something like "we will be recomanding to the client that we drill more test holes HERE" I think refering to the current site.
I think in order for them to start to regain trust from the investing community. They need to stick with those preselected targets.
I could see much more benefit to moving down the road to another preselected target than drilling another test hole where they are. I would think that 1 core sample 1,000 feet deep would give enough material to determine if it there is a good reason to mine for diamonds in that location.
JMUEO (Just My UnEducated Opinion)
PAUL
quote:Originally posted by BB: Paul, they're only drilling one hole where they're at right now and going down to 2000 feet. Out of the first 900+ feet, 500 feet was through kimberlite Ore. Which is where they're at now. They will be drilling in 14 other locations they have already targeted. When I talked to Durama Enterprises (they were doing geographic work for UC at one time) 6 months ago. They told me over the phone that when digging for Kimberlite they usually go 300 feet. If they find nothing they move on. CKMX didn't find Kimberlite until over 400 feet. Without Kimberlite there is no diamonds. We have hit a chit load of Kimberlite. Up in Saskatchawan 80% of all Kimberlite Veins have had diamonds in them. Hopefully we have hit the mother load. 500 feet (the length of a football field & 2/3 of another) is the depth of kimberlite so far and counting. That's a lot of Ore. Tell me that with that much Ore it isn't loaded with diamonds? Move over DeBeers Diamonds and make way for Casavant Diamonds. Casavant Diamonds definitely has a better ring to it.
BB
------------------ But godliness with contentment is great gain. For we brought nothing into this world, and it is certain we can carry nothing out.
[This message has been edited by PAUL (edited April 01, 2004).]
posted
Paul, maybe they are very confident with what they have seen so far that they want more data to decide the feasibility of actually mineing. Or they drilled in the wrong spot.
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I'm optimistic about this cmkm and see what happens to my 1Grand. Few weeks ago many people said/thought they will never start drilling and they are just releasing PRs. Then they said there is no such company in Canada. No matter what .0001 is the loweast price for any stock. We can get in and take a chance. Just my 2 micro pennys..
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BIG D Set aside finding diamonds and all the "crap" talked about and pretend you are 'UC". IF you are (ligit)and know what you have. 1-Would you recover as many shares as possible? 2-Would you retire them? Why? I agree with Roger about the R/S as this will Make no difference to UC VAN
[This message has been edited by VNGNTN1 (edited April 01, 2004).]
Information I am choosing to believe says this land has already had core samples 3 other times over the last ten years.
If they had preselected high priority sites. I hope they continue with the original plan. If they do not it will seem like the same old CMKX, saying what they are going to do and then NOT doing it.
I think the statements they make about what they ARE doing are true. I would just like to see a continuation of what they are PLANNING to do, actually happen. Like they did a two weeks ago. "we are about to drill" "we are drilling".
I just think, doing what you told everyone you were going to do, when you have the power to do it, is a good thing.
I understand in the past this has been one of the largest problems. TRUST. I would like to see a new trust being developed between the leadres of CMKM and the investing communtiy.
PAUL
quote:Originally posted by justplayin: Paul, maybe they are very confident with what they have seen so far that they want more data to decide the feasibility of actually mineing. Or they drilled in the wrong spot.
GLTA
------------------ But godliness with contentment is great gain. For we brought nothing into this world, and it is certain we can carry nothing out.
[This message has been edited by PAUL (edited April 01, 2004).]
posted
I noticed that the listing for today's high is .0007 is this an error? was someone buying high to mess with the charts if anyone knows what happened please reply.
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ALL I see several are attempting to "verify" facts. I bought a % of an oil well, but before I put my money up. I called 3 local companies that sold drilling supplys, metioned the company drilling ask if any pipe & related supplies were delivered to "UC" site. In my case the answer check out and I anted up, alas it was a dry hole ,but at least I knew it went down the road as advertised. Maybe one of our Canadian friends would do this for us. IF drilling is ongoing supplies must be in place. VAN
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quote:Originally posted by VNGNTN1: ALL I see several are attempting to "verify" facts. I bought a % of an oil well, but before I put my money up. I called 3 local companies that sold drilling supplys, metioned the company drilling ask if any pipe & related supplies were delivered to "UC" site. In my case the answer check out and I anted up, alas it was a dry hole ,but at least I knew it went down the road as advertised. Maybe one of our Canadian friends would do this for us. IF drilling is ongoing supplies must be in place. VAN
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I tried to put in a limit order with my broker at Scottrade just now, and they said apparently only sell orders could be accepted for this stock, so.. *shrugs* I forget what the reason was.
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quote:Originally posted by Phoenixx: I tried to put in a limit order with my broker at Scottrade just now, and they said apparently only sell orders could be accepted for this stock, so.. *shrugs* I forget what the reason was.
posted
When I had to call back my broker not long ago, I asked him again about it...apparently the short gist of it is that Scottrade doesnt deal with this particular company..
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April 05, 2004 04:30 PM US Eastern Timezone
U.S. Canadian Minerals Inc. Announces Intersection of Kimberlitic Rock
LAS VEGAS--(BUSINESS WIRE)--April 5, 2004--U.S. Canadian Minerals Inc. (OTCBB: UCAD) today announced that it has purchased the previously announced option with United Carina Resources Corp. (CDNX: UCA), Consolidated Pine Channel Gold Corp. (CDNX: KPG), and CMKM Diamonds Inc. (Pink Sheets: CMKX).
Management is also pleased to announce the intersection of over 500 feet of kimberlitic rock on their mineral claims in conjunction with this option nearby the settlement of Smeaton, Saskatchewan. Operating partner CMKM, in collaboration with their geologist Ralph Newson, have chosen a drilling location close to an area where smaller thicknesses of kimberlite have been identified by prior claim holders. Kimberlitic rock was intersected at a depth of 410 feet and drilling is still in progress.
Definitive classification as kimberlite will require laboratory confirmation and samples are currently being prepared to undergo caustic fusion treatment to assess diamond content. However, given the nearby location of independently verified diamondiferous kimberlite and the large size of kimberlite bodies in the area, U.S. Canadian is very excited by the recent drilling successes. U.S. Canadian Minerals owns 25% of the claim and any future diamond finds. Further drilling is planned to more fully classify the size and morphology of the kimberlitic body and management is eagerly anticipating the results of diamond determination which is expected to be forthcoming within the next few months.
There is no guarantee that further exploration or drilling will produce any economic benefit to the company or the shareholders of the company.
This press release contains "forward-looking" statements as that term is defined by Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). All statements that are included in this press release other than statements of historical fact are "forward-looking" statements. Although management believes that the expectations reflecting in these forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Important factors could cause actual results to differ materially from the expectations as disclosed herein, including without limitation, in conjunction with these forward-looking statements contained in this press release.
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What does everyone think this will do the the price of this shares now that it was bought by another company? I have been trying to sell it for the last week at .0002 but was unsucessful even when the price was up would not sell. Not sure if should try and dump it for .0001 just to get some money back or hold and wait. any opinions?
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I am in the same boat, have about 1.5 million @ .0001. Been trying to sell for awhile because this stock has done nothin for me. Not sure why it is not sellin.
By the way where are you from Mizzou7. I am from MO and am a fellow mizzou fan.
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The way I read the post by MIZ is that CMKX and them are partners. I do not think they have been bought out by them. Only my opinion. Tomorrow we will see at least .0002.
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. I saw all of a suddent a bunch of trades (all with 3 Mil volume) go through. Or does that mean the company pmping in more shares at .0001. For me this CMKX is a big mistery, I hope this gamble works for all of us.
