posted
OK, that's it. We'll just call you the winner Wallace. I came here, posted interesting DD, and was immediately attacked by Wallace. I guess bashing is preferred on this thread over DD and information, so congratulations Wallace, you win. I'm outta here.
Posts: 2 | From: Noblesville, IN | Registered: Oct 2004
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posted
I think there are more people who liked reading that particular post than disliked. Everybody can post their openion and I guess anybody can comment. So let stop it for now and proceed to CMKX.
Did this short squeeze ever happen before? I think Debi mentioned TASR. Did it ever happen in penny land? Also if the MMs are really short of billins of shares, are they really going to cover?
Good luck to all..
quote:Originally posted by noahltl: OK, that's it. We'll just call you the winner Wallace. I came here, posted interesting DD, and was immediately attacked by Wallace. I guess bashing is preferred on this thread over DD and information, so congratulations Wallace, you win. I'm outta here.
Posts: 722 | From: Atlanta | Registered: Feb 2004
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posted
Upside: I'll still post, just done with Wallace and the incessant bashing.
Posts: 2 | From: Noblesville, IN | Registered: Oct 2004
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quote:Did this short squeeze ever happen before? I think Debi mentioned TASR. Did it ever happen in penny land? Also if the MMs are really short of billins of shares, are they really going to cover?
I guess it depends on the actual number of actual naked short sales and at what price they were shorted. Lets say that there are in fact a trillion shares sold short "nakedly" (that's a number that's been kicked around here a lot). Then, for whatever reason CMKX goes to $1.00 per share. That means that the shorts have to cover somewhere in the neighborhood of 1 trillion dollars. Are they going to cover? Not a chance. Lets say it goes to a dime. That's somewhere around 100 billion dollars. No, that won't be covered either. Firms will file bankruptcy, deals will be cut behind the scenes, and you and me, Joe shareholder will be left holding a big empty bag. Even at a penny or 1 billion dollars I doubt that any of us would see much of anything. The naked short theory is attractive on the surface but in reality, the only chance you stand of making money on this company (long term) is by them doing what they claim they are doing and producing positive results, thereby increasing the shareholder value.
posted
Thanks Upside. I was thinking the same, I hope we are wrong if its really shorted. I was thinking the CEO, MMs and attorney all get together to take the share holder's money. Senetences like "Urban is going to create thousands of millionaires" sound good but wont happen really IMO. I am definitely holding CMKX tho. Good night.
GLTA!!
[QUOTE]Originally posted by Upside:
[This message has been edited by cool1sh (edited June 18, 2004).]
Posts: 722 | From: Atlanta | Registered: Feb 2004
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posted
When I last read the CMKX message board,allot of people were complaining they got a virus from a file someone posted on the board.That is probably why it is down,and I highly doubt is because of some people voicing a negative opinion about the company.
Posts: 102 | Registered: Feb 2004
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it was just getting out of hand school room full of babies/bashers the super pumpers saying a pr by 6. a virus was on the move there was very little real dd last nite!
posted
Good Morning All-I quit posting and reading yesterday with all the nonsense going on. I think a few posters here need to refrain from addressing each other or anything about each other. IF you disagree with their opinion -just post the opposing opinion without referring to them either directly or indirectly. This would be greatly appreciated by all who like allstocks and have enjoyed the boards here. Thanks -Debi --------------------------------------------- As far as the Naked shorts go - I don't know if they are a trillion shares short or just multiple billions but I am convinced they are short in a big way. I will not worry how the buying back of the NS shares will be accomplished. I believe the shorters are household names we are all familiar with and have much deeper pockets than we think and have insurance also. There are all kinds of deals that could be arranged when their feet are held to the fire. They have a lot to lose but they are the ones who have plundered many of the penny stocks you hold that have inexplicably lost much of their value in spite of good news and well run businesses. Think they don't have money? They have stolen a trillion dollars if the post sneaker gave a link to and I reposted is true. GLTA-IMO-DD-Debi Have a great Day! ---------------------------------------------
Posts: 1188 | From: Clinton, MA 01510 | Registered: Jan 2004
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CMKM is primary operator with three other partners; United Carina Resources Corp., Consolidated Pine Channel Gold Corp. and U.S. Minerals Inc. for 27 mineral claims totalling 22,447 acres. CMKM can acquire a 25% interest in the claims by paying $500,000 U.S. and spending $200,000 on exploration and development before March 31, 2005. They are currently drilling on the Carolyn kimberlite pipe near Smeaton. http://www.companyreporter.com/mb/postreply.php?ID=5393 ...................................
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Joel makes me feel good as well, but he doesn't give me goosebumps (that would be kind of gay LOL). Either this guy is sincere or he is a very good pumper, or both LOL. I keep thinking, if Joel had Melvin's job, this stock would be at .01 .
Posts: 430 | Registered: Jun 2004
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posted
UPSIDE A core tube is about 3" diameter 8-10' long I would calculate that to be 1-44# sample. Whenever a drill bit is pulled for a new pipe the drill bit(picture on CMKX site) is hose down in a bucket. The geologist inspects that under a microsope and creates a "drill log" If sample looks good instead of leaving drill bit on a core tube will be attached and a sample obtained. Sampling can continue continous if geologist wishes. In any case a number of samples are produced (in my post I used 100) Since it costs $30k to test the geologist looks at his log and decides which samples to test based on what he saw under microscope( I believe a PR said 11 or 13 ) were chosen. MY POINT IS "WHY WAS MELVIN SO UPBEAT, THEN BACKPEDLING SO QUICKLY. UC & MELVIN can sit in the drill shack and look themselves at those sample coming in( I did this myself) I think they all saw something in the drill bit samples or in one of the samples not sent to lab and were surprised at the lab results. I am simply putting myself in Melvins shoes and asking the questions: 1-I know what I saw 2-I see a LAB result that does not match 3- This was presented with little warning (UCAD) 4- How do I respond 5-????? Stutter,Stutter it looks better than that. VAN
[This message has been edited by VNGNTN1 (edited June 18, 2004).]
Posts: 1424 | From: Peoria, IL. USA | Registered: Oct 2003
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posted
NITE AND JEFF HAVE SOLD OR SHORTED $350,000 REAL DOLLARS IN STOCK IN THE LAST 11MIN
Posts: 836 | From: florida | Registered: Oct 2003
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Pickking up were we left off in the afternoon yesterday all .0007's got to be .0008 next = NO SELLAGE....lets go CMKX upupup
Posts: 114 | Registered: Apr 2004
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posted
QUESTION. I put a buy in at ask and it sits for a couple of days before it goes. What would that tell you if anything?
Posts: 343 | From: Eau Claire, WI, United States | Registered: Aug 2003
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posted
You are trying to buy at 0007 last couple of days?
quote:Originally posted by rsnws: QUESTION. I put a buy in at ask and it sits for a couple of days before it goes. What would that tell you if anything?
Posts: 722 | From: Atlanta | Registered: Feb 2004
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