quote:Originally posted by Power106: Darren, that was a response from an email. I think that someone else here got the same one because it looked awfully familiar butt maybe not.......He also stated something about Melvin....."Melvin is here for good. There is no question of removing him. He has done more for this company than you can imagine. He is the backbone of CMKX.
Be patient and don't swing trade. You will be happy in the long run, and Melvin will have helped you a lot."
Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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posted
Power, I think I read that on the old CMKX board as a post from UC. Mel was then asked if UC ever posted on the board and his reply was NO Probably a hoax.
Posts: 108 | Registered: Apr 2004
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THESE GUY'S KNEW HOW BIG THERE FIELD OF MAGNETIC KIMEBERLITE WAS. BUT WHAT THEY DIDN'T KNOW WAS HOW MUCH BIGGER IT WAS BEACUSE OF NON MAGNETIC KIMBERLITE.
SOMETHING THAT WORRIED ME WAS. WHAT IF DEBEERS DID SCORE ALL THE SPOTS AND THERE WAS NOTHING LEFT FOR CMKX.. IT SEEMS THE ONLY WAY TO FIND NONMAGNETIC KIMBERLITE IS TO DRILL SAMPLE HOLES FOR IT. AND THAT SAY'S TO ME THAT DEBEERS MIGHT NOT OF FOUND ALL OF THE KIMBERLITE BODIES.... IN THAT AREA!
VANCOUVER, BRITISH COLUMBIA--Stornoway Diamond Corporation ("Stornoway") (SWY: TSXV) is pleased to provide the following exploration update on its 5.5 million acre Aviat Diamond Project in eastern Nunavut where the discovery of the diamondiferous AV-1 kimberlite was announced earlier this year. Summer drilling at AV-1 has identified a non-magnetic kimberlite phase, which has increased the size of the body to approximately 160 m in length and between 40 m and 60 m in width. The diamond content of this newly identified kimberlite phase will be determined through caustic fusion with results expected before year-end. In addition, prospecting resulted in the discovery of new kimberlite float occurrences up ice from AV-1 and a new outcropping kimberlite (AV-2), some 4 km from AV-1. AV-2 was tested with a single inclined drillhole, which encountered multiple intercepts of kimberlite. Material from AV-2 will also be submitted for caustic fusion and indicator mineral analysis. A second drillhole tested a magnetic anomaly 75m south-southwest of the AV-2 showing and encountered two separate intersections of kimberlite. The size and nature of these kimberlites and their relationship, if any, is unknown at this time. Numerous additional targets have also been identified from ongoing airborne geophysical surveying and will be prioritized for drilling based on 2003 summer sampling results.
President Eira Thomas commented, "We have made significant progress in our initial investigations of this large, prospective land package. AV-1 continues to look promising and we are excited about the discovery of a new kimberlite exposure during this first phase of assessment. Over the next six months we will be receiving, compiling and interpreting an extensive amount of new data that will be used to generate additional targets for a major drilling campaign set to commence in 2004".
Approximately $5 million is being spent at Aviat in 2003 on an aggressive program that includes the collection of roughly 2,300 till samples for indicator minerals, 55,000 line km of airborne magnetics, 1,900 line km of airborne electromagnetics, prospecting, ground geophysical surveying, the collection of approximately 8 tonnes of kimberlite from the surface exposure of AV-1 and 1,102m of core drilling. A larger drilling campaign is planned for early in 2004, following the receipt and interpretation of data from 2003.
Previous work on the Aviat property was limited to a $500,000 sampling and prospecting program that resulted in the discovery of the AV-1 diamondiferous kimberlite outcrop, located approximately 50 km west of Igloolik. Initial samples collected from AV-1 yielded 1,614 diamonds from 1,136 kg of kimberlite (see press release of August 26,2003 for further details).
The primary objective of the 2003 program was to evaluate the potential for additional diamondiferous kimberlites on the Aviat Project using a variety of exploration tools, including kimberlitic indicator mineral (KIM) sampling and airborne geophysical surveys. Regional till sampling density was increased throughout the landholdings and detailed sampling was carried out in areas that returned anomalous KIM samples in 2002. Previous results outlined a wide region of scattered KIM responses suggesting multiple kimberlite source bodies within the project area. In addition, a prominent, east-west trending corridor of elevated KIM counts that includes AV-1 was targeted for more detailed sampling. Initial sampling results are expected before year-end.
The second objective of the 2003 program was to better determine the shape and size of the AV-1 kimberlite through drilling. The exposed portion of the AV-1 discovery outcrop measures 13.5 m x 76.5 m and is associated with a prominent magnetic signature. A second, equally prominent, magnetic response lies under a small shallow lake immediately west of the outcrop. AV-1 was tested with seven angled holes from four set-ups. Holes 03-AV1-01, 02 and 07 tested the magnetic anomaly associated with the AV-1 outcrop itself. Holes 03-AV1-03 through 06 tested the second magnetic response situated immediately west of the AV-1 outcrop. Hypabyssal kimberlite, similar in character to the outcrop, was intercepted in all holes except 03-AV1-05 and shows a good correlation with the double lobed magnetic high anomaly identified from ground geophysical surveying. A second, non-magnetic kimberlite phase was intercepted in holes 03-AV1-01 through 03, 05 and 07. The non-magnetic phase has been logged as a brecciated macrocrystic kimberlite, which contains grains of altered olivine, garnets and mantle nodules. Ongoing airborne electromagnetic surveys in the vicinity of AV-1 will determine if this non-magnetic kimberlite phase has a measurable response.
Kimberlite has now been intersected over a horizontal distance of 195 m and geological interpretation suggests a body measuring 40 m to 60 m in width over a distance of 160m at surface. The kimberlite remains open to depth and to the east. Additional drilling will be required to more accurately delineate the size potential of AV-1. Samples of the macrocrystic kimberlite breccia and all other kimberlite intercepts have been collected for indicator mineral analysis and caustic fusion. Final results are expected before year-end.
In addition to the drilling at AV-1, the outcrop was stripped of overburden, mapped, photographed and a representative mini-bulk sample of approximately 8 tonnes was collected from surface exposures and will be shipped south later this week. Various processing options for this sample are being considered.
Field checking of some preliminary airborne magnetic targets was undertaken, which resulted in the discovery of a new kimberlite body, AV-2, situated some 4km southeast of AV-1. Limited ground magnetic surveys were also conducted over a selection of unexplained, on-land airborne magnetic anomalies.
AV-2 was tested with a single inclined drillhole (03-AV2-01) that intersected 2.63 m of kimberlite beneath the surface exposure, followed by separate intersections (9.3 m and 3.14 m) of kimberlite. The size and nature of the kimberlite represented by these drill intercepts is unknown at this time. Material from AV-2 will be submitted for caustic fusion and indicator mineral analysis.
A second drillhole (03-AV2-02) tested a magnetic anomaly 75 m south-southwest of the AV-2 showing and encountered two separate intersections of kimberlite (2.2m and 6.5m in length). The size and nature of these kimberlites, and their relation to the kimberlite intersections in 03-AV2-01, if any, is unknown at this time. A third hole, 03-AV2-03, testing a topographic feature situated 80 m north-northwest of 03-AV2-01, did not intercept kimberlite.
Results from the extensive regional exploration program conducted during 2003 will be received over the next six months and will be used in the planning of an aggressive follow up exploration program for 2004.
Stornoway holds varying interests in more than 7 million acres of prospective diamond properties throughout the Melville Peninsula, including a 70% interest in the 5.5 million acre Aviat Project. Aviat is a joint venture between Stornoway, BHP Billiton (20%) and Hunter Exploration Group (10%). The 2003 field program is under the supervision of Dean Besserer, P. Geol. of APEX Geoscience Ltd., a Qualified Person under NI 43-101.
posted
DOJI Several other intresting things 1-Very shallow 2-Multiple layers( better chance of one from correct over multiple eruptions) 3- Based on location might be a vent on other side of same volcano.
Posts: 1424 | From: Peoria, IL. USA | Registered: Oct 2003
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posted
I apologize for engaging a "basher" here last night. I understand now that that is a game they play to get investors to focus on something other than proper DD on a stock. It's hard to ignore a public attack on your intelligence or professionalism, but it has to be done or the bashers win.
Here is a quote from a book called the "Bashers Handbook" and below is a site where you can read it. Extremely interesting and a must read for Newbies and Pros. The enemy of CMKX is visiting here, know who they are and how to intercept them and stop their poison.
Lesson 3: BASHERS POST MANY TIMES A DAY. They try to wear you out. They comment on everything, every other post, and can answer every question. THEY KNOW IT ALL! There is no positive comment they won't Bash. They try to control the board. True longs may have to confront the Bashers or they will appear to the newbies as being the people with all the information. This is best accomplished by posting positive, well researched data on the company, repetitively, while trying hard not to engage the Bashers in direct repartee. REMEMBER - LONGS... RESIST USING THE BASHERS ALIAS!
posted
The one problem that this board has though is that anyone who posts a negative comment about this stock be it well researched or not is labled a basher. There's a big difference between actually bashing a stock versus pointing out the potential negative aspects of it. Bashers are actually attempting to drive the price down. Others like myself are attempting to keep the discussion balanced with an opposing point of view. That should be viewed as a good thing, especially for any potential new investors. If I were new and considering investing in this or any other company, I would want the whole picture, not just the cheerful side.
Posts: 5729 | From: Wisconsin | Registered: Sep 2003
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quote:Originally posted by Upside: The one problem that this board has though is that anyone who posts a negative comment about this stock be it well researched or not is labled a basher. There's a big difference between actually bashing a stock versus pointing out the potential negative aspects of it. Bashers are actually attempting to drive the price down. Others like myself are attempting to keep the discussion balanced with an opposing point of view. That should be viewed as a good thing, especially for any potential new investors. If I were new and considering investing in this or any other company, I would want the whole picture, not just the cheerful side.
THAT'S WHY WE LIKE YOU UPSIDE!!!!
BEACUSE THE COIN DOES HAVE TWO SIDES AND YOU ARE ON THAT OTHER SIDE...
posted
first of all, Joel should be the new PR person, and secondly THIS is the new unofficial CMKX messageboard, not the other one = http://cmkx.proboards34.com/index.cgi. see ya
Posts: 52 | From: new york, ny | Registered: Apr 2004
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posted
There is a difference between bringing pertinent information to the board to share with others, and simply attacking every positive remark that is made. That's why this read is important, so that we can tell the difference. I have been accused of being a basher for bringing what could be perceived as negative information to a site for review. We need to see and discuss both sides of DD, but we don't have to put up with people who attach everything that is said, and never contribute anything of a verifiable nature.
Posts: 2 | From: Noblesville, IN | Registered: Oct 2004
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The problem is that people can't see a basher verses an opposing position or thought.
The people that attack an opposing thought should be considered pumpers. Open debate is good between different points, name calling is just poor judgement.
posted
sorry... this link works...this is the new (unofficial) cmkx messageboard : http://cmkx.proboards34.com/Posts: 52 | From: new york, ny | Registered: Apr 2004
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While we believe in the necessity of conducting magnetic surveys as a means of delineating geophysical anomalies indicative of kimberlite bodies, the fact is there are non-magnetic kimberlite-bearing bodies in the Fort a la Corne kimberlite field, as well," said Judson. "So we may ultimately have more targets on our property than we currently know about. The same, of course, is true for Shore Gold and Kensington."
Posts: 836 | From: florida | Registered: Oct 2003
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posted
Does anybody else's brain shift into neutral reading these technical posts, or is it just me? LOL
Posts: 2 | From: Noblesville, IN | Registered: Oct 2004
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posted
you know what works... I had mine removed not to long ago... shortly after that I started investig in pennies... have not looked back since...
Posts: 1153 | From: northeast | Registered: Apr 2004
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posted
Hi all, had a few things to do today. See CMKX closed down .0001 today - only .0005 more to go before I can buy at .0001. Might even cancel that though.
When "know-a-little" gets to be "know-a-lot", then and only then will I discuss the market with him/her.
Couldn't spot a basher from a dasher (one of Santa's reindeer). LOL
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For those of you who are mentioning the "tech data": The devil is in the detail. Do yourself a favor READ,COMPREHEND,& FORM an opinion. This builds a base of "comfortable" knowledge. Then you can spot the BS as it comes along. Actually I think things are looking OK. PS someone mentioned that those drink beer & living in a trailer should not keep the kids milk money. I resemble that and Please don't do it to often, someone will begin to discount my posts. 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
Interesting read on how they go about findin' 'em... http://www.edcon.com/airgeomi.htm ...if they need any help I would love to survey the property lines, but if I see any coal layin' on the ground it's mine.
Posts: 2634 | From: The highway | Registered: Feb 2004
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posted
I sold all my stock today. I do not see this stock going any where from here. Will not get over .001 because there are too many shares!! 4 BILLION shares traded passed two days and hardly NO movement.
ASK YOURSELF THIS
Do you think the people who bought at .0006 and .0007 will let this go to .001? The answer is NO!!! Most people are looking to make a 20-30 percent profit!
This is NOT a QBID because this has alot more outstanding shares!! Look at the volume for the last year! Billions of shares have been trading at .0001! This did not happen with QBID! The only way this stock will have a chance to move is with a reverse split.
When we talk about a stock. It is ok to talk about rumors but how about we just stick to the facts here.
I loaded up heavily on CMMX because there is so much upside and so little downside. I want to look at the very few cons of this stock. Then I will give you good evidence as to why I believe this stock is sorely undervalued.
Downsides:
The way I see it there are only two real downsides to this stock at this time.
Downside #1: Unknown number of shares outstanding. This could be as high as 500 Billion shares or even higher if the Market Makers have been illegally naked shorting. This point is brought up by most that sell or BASH the company.
There are reasons why I believe that the outstanding share are not as high as what a lot of people may think. I am not going to speculate as to how many. I don't want to get anyone's hope up. I just want to show you what I see when I am reading the Press Releases from the company.
Most people don' t learn from history but I believe that history is a good teacher. What about the history of this company? Has it tended to add more share. Let history speak. I looked back at past PRs to see how they handled the shareholders.
9:05am 01/09/04 - PR Newswire Casavant Mining Kimberlite International Announces Retirement of 1.8 Billion Shares
3:17pm 12/17/03 - PR Newswire Casavant Mining Kimberlite International Announces That the Company Has Officially Retired 16.5 Billion Shares Back to the Treasury
10:32am 11/06/03 - PR Newswire Casavant Mining Kimberlite International Announces Update of Magnetic Work for Drilling and Retires over 20 Billion Shares of CMKM Stock to Date
Here we read that the company tends to "retire" shares. Why would they do that if they were just adding more shares all the time. It don't make since here. More proof that they are not adding shares is found in the following press release.
9:30am 02/19/04 - BusinessWire Casavant Mining Kimberlite International Obtains Funding of US $1.8 Million With Pledge For Additional US $3.2 Million
Here we learn that instead of getting funding by adding more shares, he instead aquires funding elsewhere. The history of Urban is instead of adding more shares is to retire shares as quickly as possible.
This is why I don't believe the outstanding shares are as high as 500 billion. Why retire shares if you are just going to add more later? Why get "an investor" to commit $5,000,000 when you could just get the money by adding more shares.
Downside #2: They may have only found diamond fragments, and not any marketable diamonds.
We know for a fact that they have found diamonds. What we have not been told or do not know is how many diamond they have found. It is my own personal believe that they have found diamonds and many of them. What evidence do I have. Let's look at the PRs and see what they say.
The PR from 2/19/04 states that funding has been aquired to continue operations. What investor would plunk down this kind of money?
Casavant Mining Kimberlite International (Pink Sheets:CMKM) announces it has successfully obtained additional funding from a longtime individual investor for the company of $1.8 million with a pledge of another $3.2 million also from the same party upon completion of a feasibility study and core sampling results.
My guess is that the core samples did not need to come back from the lab. They knew what they had way back in February. They found Diamonds and a wise investor wanted in on the action. Who would not? No one with $5,000,000 would invest in dirt and prospecting.
The next bit of evidence we have that they found diamonds is a PR just a week later.
4:38pm 02/26/04 - BusinessWire U.S. Canadian Minerals Inc. & CMKM Diamonds Inc. Announces Joint Venture
Notice that two more companies join in about a month later:
9:30am 03/22/04 - BusinessWire CMKM Diamonds, Inc. Announces Joint Venture Option Agreement With United Carina Resources Corp. and Consolidated Pine Channel Gold Corp.
Why would these companies join in if nothing was found? Urban is smart. He knows that CMKX would never last if he tried to do it on his own. He needed help. Thus, he teamed up with other mining companies in order to pool resources.
Think about this. If each one of these companies only had one rig each. That means that they have a minimum of 4 rigs going right now getting diamonds and other minerals out of the ground 4X faster then they would with just CMKX. Plus, these other companies probably have the equipment and resources to mine things other than Diamonds that are found but also Gold. That is why I believe that Consolicated Pine Channel Gold Corporation was brought in. Kill two birds with one stone. As long as you are digging up the ground, you might as well get every mineral worth mining at the same time out of there.
Any prospector know that when you find "the goods" you keep your mouth shut. If you shout it from the hills, "We found Diamonds!" then you just get all kinds of problems. Instead, you hire a good lawyer to protect your ASSETS and get all your ducks in a row before you announce your find.
Every mining company knows when they do core samples that they either hit dirt or paydirt. They don't just sit around waiting weeks for the "core samples" to come back. NO! They continue to mine. Core samples are just for the press releases ONLY. These companies have their own geologists on staff and know what they find right when they find it.
The hiring of Roger Glenn from the Law Firm of Edwards & Angell further shows that they have something to protect. You don't hire the best unless you have the best.
Only time will tell if they have found the goods or not. But at the current price of .0006, the downside just is not there. Remember the 1.4 million acres of land they still can drill.
Time will tell what they find.
This paper says nothing about the upside to the company. In my estimation, this is a very low risk investment. When the outstanding shares are revealed then one can legitimately put a value on the company. Then the stock will start it's way up to much closer to it's true value.
Please feel free to repost this paper in it's entirety.
Posts: 722 | From: Atlanta | Registered: Feb 2004
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quote:Originally posted by osubucks30: I sold all my stock today. I do not see this stock going any where from here. Will not get over .001 because there are too many shares!! 4 BILLION shares traded passed two days and hardly NO movement.
ASK YOURSELF THIS
Do you think the people who bought at .0006 and .0007 will let this go to .001? The answer is NO!!! Most people are looking to make a 20-30 percent profit!
This is NOT a QBID because this has alot more outstanding shares!! Look at the volume for the last year! Billions of shares have been trading at .0001! This did not happen with QBID! The only way this stock will have a chance to move is with a reverse split.
Posts: 722 | From: Atlanta | Registered: Feb 2004
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posted
I would rather it not be anything like QueerBID.Their product will have to get buyers,I've said it before,I'll say it again,Allstocks will have more viewers in a day than QueerBid ever will.But you talk ice, P. Diddy alone keeps the diamond business crackin'.
Posts: 2634 | From: The highway | Registered: Feb 2004
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