The important thing is that they have diamonds. The stock dipped because we did not hear news, the news we all wanted to here - that is all, but the diamonds are there. I am not buying and not selling just holding tight, and to ignore the panic I will do some gardening in stead. I gone through some crazy panics like that in the past with other stocks, it ain't worth it it will eventually recover. I must admit though I myself did not expected that news.
------------------ 'Alone we can do so little; together we can do so much.' - Helen Keller
quote:Originally posted by will: Have a buy in for .0006. Be careful, I'm a punk my order is for 250,000 shares only.
New to this all...started trading late May, but am in this for just 1mil. Am also a punk with an order in for same amount and price. I have high hopes for CMKX. GLTA
quote:Originally posted by MiggyTrader: KPG is up 71% and UCA is up 40%, why is CMKX down?
Can anyone explain that?
This is good news for Canadian investors, I have seen stock going up on the news when companies just started to look for kimberlite. The investors of UCA and KPG did not have high hopes as all CMKX investors, that is all. I don't understand the panic my self sometime...
------------------ 'Alone we can do so little; together we can do so much.' - Helen Keller
posted
I'm sure a lot of us believed Melvin with all the hype and promising great news. This definitely isn't great news. It's not really bad news, but it just isn't what everyone was expecting. That is why it has gone down. Those people sold. I bought my shares knowing there was a chance that I could lose all my investment and that is the way I'm still thinking. I'm in this for the long haul until I either make some money or I lose everthing.
Posts: 136 | From: Biloxi, MS USA | Registered: Jan 2004
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posted
The news doesn't shake me at all. I plan to pick up some more after my wire settles this afternoon. I do like a SALE!!
Posts: 108 | Registered: Apr 2004
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posted
I'm sure a lot of us believed Melvin with all the hype and promising great news. This definitely isn't great news. It's not really bad news, but it just isn't what everyone was expecting. That is why it has gone down. Those people sold. I bought my shares knowing there was a chance that I could lose all my investment and that is the way I'm still thinking. I'm in this for the long haul until I either make some money or I lose everthing.
Posts: 136 | From: Biloxi, MS USA | Registered: Jan 2004
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quote:Originally posted by MiggyTrader: Why wasnt this P/R released under CMKX on yahoo?
This news was not released by CMKX, it was by, I think, UCA or KPG....but is not showing in my trading account either. I think they knew that the news was not what we were expecting, so they went and released through some secondary sources and so it is not flashed front of us immediately.
One thing to keep in mind is, stay neutral to good news especially released from the company itself. Sometime too good to be true, I know I wrote some technical press releases before, and by the time it was proof read by executives - we were the best company in the world.
Remember - we all invested enough money which we can afford to loose. :-)
------------------ 'Alone we can do so little; together we can do so much.' - Helen Keller
posted
Someone said weeks ago about the eyes of the geologist "lighting up like christmas trees" when that saw the core sample... I think the expectations were very high.
PAUL
quote:Originally posted by JBCak47: Were people expecting diamonds to flood out of the pipe?!?!?
The news sounds great to me, they actually found diamonds... isn't that what we want?
-John
------------------ But godliness with contentment is great gain. For we brought nothing into this world, and it is certain we can carry nothing out.
Also News Release (C-KPG) Consolidated Pine Channel Gold Corp
Mr. Rick Walker of United Carina and Consolidated Pine reports
United Carina Resources Corp. and Consolidated Pine Channel Gold Corp. have provided results from the companies' Smeaton, Sask., area property. The property is currently owned jointly by United Carina and Pine Channel, with CMKM Diamonds Inc. and U.S. Canadian Minerals each earning a 25-per-cent interest. The 25-per-cent interests will be earned by CMKM Diamonds and U.S. Canadian Minerals each providing $50,000 (U.S.) and each financing $200,000 worth of exploration on the 27-claim property. CMKM Diamonds is the operator of the property, and has provided results of caustic fusion diamond analyses performed by Saskatchewan Research Council (SRC) at its laboratory in Saskatoon, Sask. SRC is certified under ISO-17025 (minerals).
The results are for holes No. 1 and No. 2. Five holes were drilled in this phase of drilling, of which four intersected kimberlite. Two diamonds were retained on the 106-micron screen in sample No. 5, from hole No. 1, representing an interval from 190.0 metres to 210.4 metres depth and weighing 40.10 kilograms. The dimensions of the two stones are 0.22 millimetre by 0.14 mm by 0.10 mm, and 0.20 mm by 0.12 mm by 0.10 mm. Their combined weight is 0.001 milligram.
The samples are of split NQ core (nominal diameter 47.6 mm), and the other half of the core has been retained in a secure warehouse. The rock is a medium-to-coarse-grained pyroclastic kimberlite. No diamonds were recovered from 11 other samples.
The other two holes that also intersected kimberlite have not been sampled. The operator intends to have these holes sampled and tested for diamonds. Only two holes were initially tested because of the cost -- in this case, $30,000 for the first two holes. Now that the kimberlite has been shown to be diamondiferous, further testing for diamonds is warranted.
The operator has named this kimberlite the Carolyn kimberlite. It was first intersected in 1996, but not fully tested at the time. Since then, it has sometimes been referred to as the Smeaton kimberlite, although that term has also sometimes been used to refer to the entire trend of kimberlite in the Fort a la Corne area of Saskatchewan, or used as a type of designation.
The Smeaton property contains several other targets which the operator intends to drill test when weather conditions allow. Results from the further lab tests of core from the Carolyn pipe will be released when received. Elsewhere in the Fort a la Corne area, the companies participated in financing an airborne magnetic survey which consisted of over 50,000 line kilometres. Results from the survey are pending, and ground-proofing of anomalies will be carried out this summer, with a drill program to be conducted on any targets of merit.
The next immediate target to be drilled in which the companies have an interest is a non-magnetic resistivity anomaly that was outlined in a survey conducted by Furgo, and which the companies are each earning a 10-per-cent interest from CMKM Diamonds. The target is located in the main Fort a la Corne trend of 70-plus kimberlites, and was undetected in the past because of its non-magnetivity. Other kimberlites in the area have been shown to be very low to non-magnetic, but very few of these targets have ever been drill tested.
The companies will be participating in an aggressive diamond exploration program in the Fort a la Corne area of Saskatchewan well into the foreseeable future.
Ralph Newson of Saskatoon is the qualified person in this project.
posted
Sorry to say this but, unless some news comes out, then we are going back to 0.0001, right where we started. I still believe in this stock, but only in the very very long term. (3 - 5 years). Thati s the only way I would buy more.I think we will be at 0.0001 within the next 2 weeks without any good news. I am praying for god news on the company structure!!!!
Posts: 59 | From: Cairo, Egypt | Registered: Mar 2004
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posted
i dont know about .001 - but i know melvin did some damage today. these companies, really need to be careful about who is representing them - in whatever capacity. melvin's credibility really went down the toilet.
Posts: 52 | From: new york, ny | Registered: Apr 2004
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quote:Originally posted by PAUL: Someone said weeks ago about the eyes of the geologist "lighting up like christmas trees" when that saw the core sample... I think the expectations were very high.
PAUL
I think that was statement too good to be true, along with some other - like $5 pps which been then deleted..... I question Melvin's comments from the beginning, can things like that be stated in public. In my opinion he was just a pumper. I think he is trained and paid to do such thing, just worry about him one day because out of so many investors they may be one pissed investor and go after him HAHAHAHHA
Anyway, they have diamonds, the stock will comeback up slowly. Trust me I own some other diamonds stocks and similar buy and sell trend is happening.
------------------ 'Alone we can do so little; together we can do so much.' - Helen Keller
quote:Originally posted by GoldieStox: i dont know about .001 - but i know melvin did some damage today. these companies, really need to be careful about who is representing them - in whatever capacity. melvin's credibility really went down the toilet.
I've always wondered about him. What kind of PR man has poor spelling and grammer?
posted
he is a paid pumper by the company? becasue he moderates the message board on the cmkx site. isnt that illegal? or at least immoral? people call him the "PR" guy (frankly, he seems a but dumb to me to be a PR guy).
Posts: 52 | From: new york, ny | Registered: Apr 2004
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