"Peter says that casavants and others all saying upset that all this made some sell. They want all to stay long with company. Still committed.
Looks like NOT going public at all
-

I think the easiest way to keep all this mess straight is to just say O/S are this.

If they know the O/S and can tell they should unless there is some reason they shouldn't.

In my opinion I want the games to stop. If they have diamonds it doesn't matter. If there is an investigation underway then say so because anyone short on this illegally has been on notice since Roger was hired.

This whole thing just stinks to me. I can get out with a profit right now and ruin the dreams of being retired. As a person of faith I believe you make your yes yes and your no no.

If this is on the up and up they shouldn't mind disclosing things so investors can make logical decisions with money that will supply their family.

Not everyone is a day trader who deserves getting screwed. Some are real investors. If this is a real business with real work and reward ahead then give me the facts.

I'm just responding to the words in your post. I'm not sure which are yours or from the other post you refer to.

From calls made by IBC Radio and others to Pacific and Melvin, it seems that indeed CMKX terminated the services of Pacific yesterday. It shows that CMKX is serious about performing an audit and aligning themselves with firms they can truly trust.

Because they issued a pr of Pacific's hiring, I would expect CMKX to officially confirm this in the time frame they and Atty Glenn chose. I would think this would be in the near future.

However, I would caution in expecting to see a blow by blow activity report and reasons within the pr about the firing. In cases of termination of employees, contractors, partnerships, etc. very rarely does the employer/company reveal such detail. CMKX may do this with generic wording, but just want to temper those who expect the Pacific pr to go into much, if any detail.
A representative of the company, such as Melvin may disclose some details to shareholders in his conversations, or Urban might share with shareholders who discuss matters with him at the races. If and when they decide to announce this, I would expect it to be professional and to the point.

Bo

I agree, but we also have statements like "Beware of Wolves" and "Do not throw your jewels to swine".

We have to make everyday decisions, not just blindly follow. In this sense I want to be partners with these guys, and we shouldn't be unequally yoked. If they are people of respect then I support them 100%, but all i'm seeing right now are what appear to be legal games.

Also, not everyone is saying we fired them but maybe they fired us. Then we have a statement of 400 billion on a phone msg while the next day an attorney for the TA handling our case supposedly says 4.3 billion. How could he know this the next day and still have the 400 billion msg up?.

Could be both or neither are true. I just want an honest company so I can feel comfortable about the people. The O/S whether 400 or 4.3 is ok with a diamond find, but dishonest people I dont want to be engaged with.

So much for them getting their act together.

Call them if you do not believe...

Just called Edwards and Angell to talk
to Roger Glenn... receptionist put me through to his voice mail...

No answer today... I guess...

Anyway I left my number and my questions.

I am not going to throw more speculations on the table, but if I come up with something I will let you know. Good day!

I should do this more often, it is more exciting. LOL

By: careful-investor
30 Jun 2004, 08:35 PM EDT Msg. 32696 of 32700
(This msg. is a reply to 32670 by careful-investor.)
Jump to msg. # Go
The maneuver…

By: abfsloyal
30 Jun 2004, 08:25 PM EDT
Msg. 346997 of 347003
Jump to msg. #
The maneuver…

Ok, a lot of folks have talked of the “Casavant Maneuver.”

What exactly are UC’s plans? By carefully analyzing the past of Mr. C, I believe that we can draw a picture of where this is heading and even predict with some accurately, the next “move”and where we are now in this game.

Well, I have shown some history of Mr. Casavant in some earlier posts.

As I have posted before (from some research on UC), Mr. Casavant has once before done very well at acquiring claims in a ‘hot’ area and then selling these claims for some substantial gains as the frenzy of the area peaked.

And I believe that was exactly his intention this go-round as he built up his claims in the Fort a la Corne region.

He became interested in this area (as did Rick Walker) as companies like Kensington and Shore began reporting successes in the region. So I believe that he saw the opportunity to again move some claims and make some substantial gains.

Didn’t work.

Others were already too involved with their own claims/projects and he couldn’t find interest in his claims.

He spent a couple of years “saber-rattling” about drill targets, permits,buying drill equipment, etc. all aimed at building interest in the Casavant claims.

But like I said, didn’t work..

So what do you do? You have over a million acres of claims in an area that has all of the markings of a great diamond play… what do you do now?

Especially after being “snubbed” by the “big boys.”

You beat them at their own game.

After Kensington and others kept reporting more and more positives of their efforts in the area, I believe that UC came to the conclusion (with some moral and financial encouragement of some others, like Mr. Walker) that he actually could be successful at a full blown exploration of his claims. What must follow must somewhat be considered a two-pronged attack.

You must restore stockholder confidence and value while at the same moving forward with exploration efforts.

First off on the stockholder side, you must restore credibility. You announce that a full audit will be forthcoming with the goal of becoming a fully
reporting company. You announce the intent to move to a new transfer agent. You change your name. You are not any longer “Casavant Mining Kimberlite International”… you announce that the new company will be named “Casavant Diamonds”, aligning yourself much tighter with your goals
and intentions.

Now on the performance side… first and foremost, you must drill for diamonds.

But where? You schedule a full, complete magnetic survey of all of your one million plus acres to plan drill sites. To move along quicker, I believe that Casavant drilled at the Smeaton property to simply punch a hole on the land of
that had the highest likelihood of kimberlite/diamonds BASED ON THE INFORMATION THAT HE HAD AT HIS DISPOSAL.

What information? None really. Not without the survey of his claims.

But Mr. Walker had had some experience with the Smeaton property before. He knew for a fact that there was kimberlite on the land. Although the results from previous drill attempts on the Smeaton land were not too exciting, to say the least, at least kimberlite was found. And most involved considered the testing “incomplete” at best. Nobody involved ruled out the possibility of there still
being diamonds on the Smeaton property.

So, while waiting for his magnetic survey results, Mr. Casavant, ever the entrepreneur and risk-taker, started drilling on the Smeaton property.

Although deep quantities of Kimberlite were found, core results from this initial drilling were disappointing to many, although better than when the Smeaton property was previously sampled.

While waiting on the core results from the Carolyn pipe, Casavant hires one of the most well know, influential securities attorneys in the country. We hear more often in pr’s of his intent to become a fully reporting company.

Then, we hear the announcement that the magnetic survey is complete.

We now hear that the move to a new transfer agent is complete.

So let’s stand back at a distance, take a look at what has happened and try and figure out what comes next.
Maybe the best way to come up with where we’re going next is to look at all that must happen and simply eliminate what has already happened.

Here is what we need to see to complete the move to a credible, respected diamond exploration company (not in any kind of order)…

1. Complete internal audit
2. Move to new transfer agent
3. Magnetic “picture” of ALL of your claims.
4. Disclosure of share structure to your shareholders
5. Hire securities attorney to protect interests and aid
in movement(s)to become reporting and move to different exchange
6. Announce next drill target(s) based on magnetic survey
7. Announce filing of documents to move to new exchange
8. Announce successful move to OTC exchange.
9. Announcement of estimation of valuation of cmkx claims.
10. Announce drilling commencement on new drill targets.
11. Announce core samples results from core samples of latest drill.

You can figure on repeating numbers 8 and 9 as we move on in our future as a exploration company.

Ok, so let’s see what we’ve (Casavant) has done already…

1. We’ve seen the announcement of the new TA, which should mean the completion of the internal audit.
2. We have completed the magnetic survey (guys, this will turn out HUGE).
3. We have hired an outstanding securities attorney.

So what we have left is the share structure disclosure, drill targets announcement, announcement of filing docs to move to different exchange, announcement of successful move to new exchange, and drilling / results from new drill targets.

After results from targets reveal some positive results we will probably also see some sort of announcement of valuation of claims. This announcement could even come sooner, but will hold less weight and be less effective to the pps without positive drill results.

So what would logic tell us the next announcement that we see will be right now?

I believe that we will shortly hear of the share structure and or the filing of documents to move cmkx to a different trading platform. (one or other as early as this Friday night, as late as July 16 - 23)

I believe that thereafter, we will hear of the announcement of selected drill targets (after drilling actually begins).

During the time of drilling or after drilling (waiting on core results) we will hear of the
pending / completed move to a different trading exchange.

Then we will see a steady supply of drilling / core results samples and possible mergers and/or claim sales.

It’s happening now guys. You simply can’t ignore what has transpired in the past few months. And each of these future "steps" of the Casavant Maneuver will yield a surge in the floor of the pps.

And each of these steps that comes true only makes the remaining steps much, much more likely.

Don’t miss out.

Look at what has happened. Look at what is going on. Look at the people involved.

Don’t miss out.

This won’t be like QBID.

It won’t be like anything that any of us are likely to see ever again.

Urban started this business up a couple of years ago selling a hundred thousand shares or so a day in the .01 - .05 range and was pocketing the money. Occasionally he would put out a meaningless p/r to keep the interest up. It afforded him a nice comfortable life style. Then he started putting out p/r's about diamond mining and the thing caught fire. Not just a brush fire but a raging wildfire. The demand was so great for his stock that he started pumping billions of shares onto the market and the share price tanked because of the obvious dilution. But even at .0001 when he's throwing billions out per day, he's now not just comfortable, he's rich, big time rich. All is good in his eyes as the public seems to have an insatiable need for his stock so he keeps supplying the shares. But then, questions start coming in from angry investors, they want to know what's going on, where are the results. He puts out a slew of promising p/r's but they don't lead to anything and the heat gets turned up a notch by the investors. He realizes he cannot continue to do this alone so he hires a spokesman (Melvin) to field the calls from angry investors. Melvin does a good job and assures most that things are looking good and the buying frenzy continues. In the meantime Urban has pocketed millions and millions of investors dollars and has not spent one thin dime except on some mineral claims that didn't cost all that much. People start screaming scam and threatening lawsuits so Urban realizes he has to do something to make it look like he has the investors at heart. So, he sets up an old drilling rig on land that has already been proven to be unmineable and shoots video of it as proof that he is doing his best. The reason for the unmineable land drilling is because he wants no part of an actual diamond strike. That's when real money would have to come into play for further sampling and possibly an actual mine in the future. The buying continues unabated and Urban gets richer. He decides to further show his shareholder support by sponsoring a race car thereby getting his name out in the public and attracting new investors but not a NASCAR car, that costs money. He opts for the funny car circuit where the sponsorship costs are minimal, relatively speaking. At some point he realizes he's in way over his head and sooner or later this is going to blow up in his face so what does he do? He contracts with a fairly high powered attorney to try to get him out of this mess. Sure, it might cost him a million dollars but that's peanuts compared to what he's raked in. For an exorbitant fee the attorney takes him on as a client. His first directive is to get a complete audit of the share count and to switch transfer agents. The new transfer agent sees just what kind of a mess they're dealing with and walk away from it. If you read Mr. Glenns (the attorney) statements regarding CMKX, he has never stated he is working on making them a listed reporting company. Below are the only two public statements he has made:

#1: "We have been retained by the company to resolve the problems it has been facing, and we expect to devote significant efforts immediately toward that goal. The company has advised us that it is dedicated to complying fully with all requirements on it, and we are pleased to act as counsel to it on that basis."

#2: "The Company is proud to announce this relationship with Pacific Stock Transfer .It has a fine reputation as a transfer agent, and the Company is looking forward to working with it in the future. The Company is confident that Pacific Stock Transfer will process transactions in the Company's stock accurately and quickly."

In addition to Mr Glenns reputation as a top notch attorney in assisting clients in become listed, here is another of his specialties pulled from his bio.:

Securities Litigation

Our attorneys also handle internal investigations and lawsuits involving a full range of alleged violations of federal and state securities laws, as well as the rules and requirements of self-regulatory organizations. Defense of investigations and proceedings by the SEC and other regulatory agencies are likewise within the Securities Litigation Group's areas of skills and knowledge. We have also represented clients before various regulatory agencies and self-regulatory bodies, including state securities agencies, the National Association of Securities Dealers and national stock exchanges. Because of the nature of securities enforcement actions, we are sensitive to the need for confidential internal investigations and the importance of internal compliance proceedings.

While I'm not saying this is what is going on, and I hope it isn't, there is an equal if not greater chance that this is the case. It's happened many times before with sub-penny stocks where scams are prevalent. I realize I'm probably going to get basted for posting this but if you look at it and compare it to the dollar + per share theories, it is no more far fetched and might even make a little more sense.

By: wodan11
01 Jul 2004, 03:12 PM EDT
Msg. 33398 of 34513
Jump to msg. #
UCAD: Hires Child, Sullivan & Co as Independent Auditor [delayed]
Ridgeland, MS, JUL 01, 2004 (EventX/Knobias.com via COMTEX) --
U.S. Canadian Minerals, Inc (OTCBB : UCAD) filed an 8-K on 7/1, in which the Company reported that it engaged Child, Sullivan & Company, 1284 W. Flint Meadow Drive, Suite D, Kaysville, UT 84037,to be the Company's outside independent auditor.

GET KNOBIAS IN REAL-TIME: Delivery of this proprietary Knobias alert has been delayed by at least 10 minutes. To get all Knobias alerts in real-time daily, visit http://www.knobias.com/cmtx

ABOUT KNOBIAS: Knobias is a premier financial information provider of trading and investing data covering all U.S. equities for investors and security professionals. Knobias is best described by its three major components: Real-time desktop applications providing quotes, charts, level 2, analysis etc.; Knobias RAiDAR providing thousands of real-time news stories, alerts and documents daily; Knobias fundamentals providing a comprehensive database of fundamental research information.

YOU POST YOUR DOUBT DAY AFTER DAY...

UPSIDE PLEASE SHUT UP! BEACUSE YOUR POSTING IS A DOWNSIDE

SPEC U LATION STOP THROWING IT
http://cmkx.proboards34.com/index.cgi?board=general

UPSIDE IT'S BASHER FREE POSTING YOU MIGHT HAVE A PROBLEM....

Nevada 0-25523 33-0843633
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)

4955 S. Durango #216, Las Vegas, NV 89113
(Address of principal executive offices) (Zip Code)

Registrant's telephone number, including area code: (702) 433-8223
ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.
On July 1, 2004, the registrant engaged Child, Sullivan & Company, 1284 W. Flint Meadow Drive, Suite D, Kaysville, UT 84037,to be the registrants outside independent auditor.

SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto authorized.
U.S. CANADIAN MINERALS, INC.

quote:

---

upside why do you spend so much time on this THREAD? i don't get you AT ALL
YOU POST YOUR DOUGHT DAY AFTER DAY...

---

Doji,
I don't spend all of my posting time on this thread although quite a bit of it is as this far and away the most entertaining stock I own. And its not all doubt either. Just the other day I expressed optimisim
about the potential 4.3 billion share count and before that I tried to disprove the 400 billion count. My feelings towards this stock swing both directions as the days go by and apparently today, they're on the negative side. Just posting both sides of what I perceive to be the story.

Please, you were on the right track. You bashed with unsubstantiated untruths prior to early May when you had $200 invested. At the time, like many who were wrong, the doubt you attempted to cast focused on matters of being able to sell shares, and mocking people's investment choices because it had no bid at the time. You were wrong in your posts then.

Granted, TW's post above you is awesome and you had to somehow balance that with negativity. But to do it reverting back to your old tactics isn't worth the time to read it.

In TW's post, much of the first part of the story of how this effort came to be is conjecture. However, the list of things that need to be done and are beginning to occur is simply outstanding.

One can take your entire post and shred it, but only the most important points to current activity that need corrected.

You state: "So, he sets up an old drilling rig on land that has already been proven to be unmineable and shoots video of it as proof that he is doing his best."

This is wrong. Such an enteprise didn't occur overnight and didn't involved some old drill, and if you had half the initiative some of us have who have spoken to Canadian miners or anyone in the mining business, you would understand better how costly it is to drill. This drilling operation involved a rig obviously able to drill at least 900 ft through rock and kimberlite. This operation was with the alliance of 2 JV partners. This partnership has developed since last summer into the operation it has become today. Do this for yourself tomorrow: Go to a heavy equipment and truck spring shop tomorrow and ask them for a 6" x 6" plate of high strength steel. I was going to tell you to ask them for 1/2" thick piece, but just ask them for 1/8" thick. Next, don't just buy a high grade drill bit, get the best. Get a big 3/8 inch titanium bit. Make 4 holes in it and tell me how long it takes.
It's a big operation Upside. You have no idea if the rig was "old". Through the pictures, video, pr's and results, you do know the rig did the job.

You the assert in this same comment about unminable land. I won't insult those who read Allstocks with a comment. I'll also simply refer you to the state of the art magnetic survey recently done. I saw no one else mention this, but this was very impressive and no small effort. Surveys and drilling in target areas are how you determine where to mine.

You bring up the race car sponsership like it is news. It has been an ingenious way to get national attention to what you are doing. Races are watched in many countries and the NHRA schedule has events sweeping across so many areas through the season. The timing of when this occured in your fairy tale was incorrect as well. Your statement go as far as to assume NASCAR was a consideration. Again, wrong assumption to attempt to create doubt. No where has such an option been mentioned. He obviously followed his interest in a racing association of high presence and highest quality for what they do.

You state: "For an exorbitant fee the attorney takes him on as a client. His first directive is to get a complete audit of the share count and to switch transfer agents. The new transfer agent sees just what kind of a mess they're dealing with and walk away from it."

99.999% of law is practiced unlike what you see in the high profile cases that involve celebrities and sports stars who get into trouble. I have spent 17 years in dealings in corporate law with both plaintiff and defense counsel. An attorney with the Curriculum Vitae of Roger Glenn, as part of a global law firm is simply not going to be bothered by the work you wrongly allege.
Further, as I stated before, I highly doubt a transfer agent of Pacific's standing is afraid of paperwork or a mess, as you wrongly allege. It was confirmed they are no longer the agent, and from those that spoke with Melvin on Friday that Pacific was fired. CMKX is pursuing a complete audit of their shares. This is good for all. They chose to have a T/A that is not only reputable and accurate, but can be trusted.
Melvin advised all on Wednesday that the figure they blurted was incorrect. Their attempt to mitigate their mistake by the message they left didn't excuse the fact that doing so was still wrong.

In only those statements I touched on, you made them in light of the fact you were wrong 2 months ago. You made them in light of the fact, through pr's and events which have already occurred and disproving what you say.
And, of course anyone is free to post, but for a guy who claims to have only $200 invested in this stock, you spend alot of time here and little place else if at all.

Too many times, flippers are aloud slack because they appease all views at different points in time. It is misleading, and motive driven. You have shown both sides, and in this case were wrong when your "negative side" came out before.

The re-post of Trading Wizard was outstanding and should be bumped up in our thread through the pages, as it outlines a very accurate course ahead in my opinion.
Nice post TW.
Nice try Upside.

Bo

[This message has been edited by Bo14172 (edited July 03, 2004).]

All of my shares are free!

quote:

---

Originally posted by Booty Quest:
I just saved 15% or more on my car insurance.

---

These guys are sitting on a gold mine
(also Diamonds....) With the amount
of money the company has made selling
shares they have had the money to proceed
at a better pace and keep the shareholders
more informed.

As for the Race Car... I think that is an
indulgence that shows the lack of respect
for the shareholders that these people have.

I have said this before I do not think
UC is a genius... I think he is over his head a bit.

I find it disheartening that the Xfer agent
that was announced on the 29th in just a couple
of days is not longer associated with CMKM.

It is indicative of some serious problems.

I do not believe that UC/Glenn are waiting
to sort out the nakedshort selling. That
problem is totally independent of providing
the information on the company O/S and structure.

The question is how do we get our little company on track?

With the 10's of millions and potentially
hundreds of millions of dollars poured into
this company by shareholders - I believe we
are entitled to better service and a more
up front approach by them.

I pick stocks for more of a long term approach
and believe this will be a good play if the
company would just pull its head out of its
orafice.

quote:

---

Originally posted by RaiderJR:
Read this at raging bull.

"Peter says that casavants and others all saying upset that all this made some sell. They want all to stay long with company. Still committed.
Looks like NOT going public at all
-

I think the easiest way to keep all this mess straight is to just say O/S are this.

If they know the O/S and can tell they should unless there is some reason they shouldn't.

In my opinion I want the games to stop. If they have diamonds it doesn't matter. If there is an investigation underway then say so because anyone short on this illegally has been on notice since Roger was hired.

This whole thing just stinks to me. I can get out with a profit right now and ruin the dreams of being retired. As a person of faith I believe you make your yes yes and your no no.

If this is on the up and up they shouldn't mind disclosing things so investors can make logical decisions with money that will supply their family.

Not everyone is a day trader who deserves getting screwed. Some are real investors. If this is a real business with real work and reward ahead then give me the facts.

---

If national promotion through being a primary sponser involved in the NHRA Funny Car Class upsets you, you're going to love this:
http://www.ccriderracing.cc/Home_2.html

Click on the team report link for a nice write-up about CMKX.
I know many have different opinions on this, but promoition that brings national television exposure and weekly presence across the country is a great positive approach. The opportunities for business contacts and those interested in offering capital venture support exist weekly as well.

And Upside, sorry, it was late and it wasn't meant to be personal in anyway. The week had enough drama, and some of the points you made I just felt were off the mark is all.

I do believe keeping the TW's post at the forefront, monitoring progress based on the near term steps laid out would be constructive.

Off to the lake with the kids and spend some time on top of the water. Be well, Bo :)