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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » CMKX III New thread - We got it while we could (Page 16)

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Author Topic: CMKX III New thread - We got it while we could
StonedPigeon
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Nothing on e-trade about any halt
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JBCak47
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Hey Stoned

I didn't expect you to be out, I figured all the fire works and whistling bottle rockets would have you frantically flying for safer areas...heheh....

Just wanted to drop you a hello

-John


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JBCak47
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***********WARNING****************

Under Penalty of Allstock Laws, Sec. 020. 044

DO NOT FEED THE PIGEONS.

By order of Penal Code sex. 020. 044
Penalty affixed will be $50 worth of Qbid or Cmkx shares. Or two days in an Iraqi Prision.

***************************************

Just kidding SP, I couldn't resist...lol..

-John


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StonedPigeon
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quote:
Originally posted by JBCak47:
Hey Stoned

I didn't expect you to be out, I figured all the fire works and whistling bottle rockets would have you frantically flying for safer areas...heheh....

Just wanted to drop you a hello

-John



--------------------------------------------

Colors and trails a win win kinda thing


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JBCak47
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Not when it scares the Pigeon into crapping all over my car!lol

-John


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PAUL
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Just wanted to drop by and say hello. I hope everyone is doing well. I have been tied up at other places. Been missing everyone.

I am still long and strong CMKX. Holding a small postion of FREE shares.

I think it is going to do well.

PAUL

------------------
A soft answer turneth away wrath: but grievous words stir up anger.


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WWJD-thru-me
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Hi Paul, Nice to see you stop by and say hey!
I am hoping Tuesday early AM we get the big PR or at least a big PR. I have jurt duty if you are going to be around that day I would love to call you when I have some free time to see what is going on. God Bless and have a great weekend!-Debi

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JBCak47
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Okay WWJD,

How positive are we on like a level of zero, being no chance to one hundred being a a sure thing? I know it is just your guess but I am interested to see what you think. I hear and read that we have no transfer agent. This will be interesting,lol...

I got my LAST shares, 400k of them on Friday around 2 or 3 pm, lol, lucky I did that, hehe... 1 million short-term, 235k long!!! Yeah baby!!!

-John


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WWJD-thru-me
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Hi John, I truly don't know for sure what is going on. My best guess is that there was some kind of release that was put out within Ameritrade internally about them not selling the stock on Tuesday AM because of a PR having to do with the share structure. All the employees did not have the same info and they are not really talking about it now-it may have been put aside until Tuesday AM. My original guess and what I am hoping is that we will have an announcement and trading will be halted and we will open with a set price based on a dividend or buyout offer that will force the cover issue for the Naked shorts. This is the best of the best case scenario since news and a resumption of trading wouldn't change the price much. So what will it be? That is the million dollar or should I say mega billion dollar question? I am hoping for a hit it out of the park, lay em down all trumps, kind of plan that takes the guess work and game out of the stock. If the short postition is large enough a monthly recurring dividend would give investors immediate rewards and keep them long while forcing the shorts to cover. This is my favorite plan. A recurring .0025 cash dividend would be .03 annually and the share price should go up to probably double that or better. Since we would still own the stock. We would probably be buying more shares. It will be interesting but as we all know-It is not official unless the company announces it. The dividend could be any cash amount or stock. I like the cash idea. The company could sell it's extra shares and keep some of the cash and all the shares since they have already been sold-just not paid for. That would add to our value immediately. I picked a low dividend amount for my example but .005, .01 or more is not out of the question. It depends on the value the company places on this stock and the number of short shares. A monthly .01 makes it .12 annually and if diamonds are announced at the same time the pps would be sky high. I think I would hang onto most of my shares with a cash dividend of a penny a month for a year. Then it has long term tax benefits too. I think we all could get used to that. To think of a way to force the shorts to cover and not have all the traders grabbing at the first offer of .0022 I like the dividend or buy out idea. Of course if I were short and had a chance to cover just by moving the stock up and tanking it down and doing the usual games that would be preferable. We won't know until Tuesday-If the Ameritrade info isn't bogus. Anything could happen with this one. I think it will work out well and like any scenario of .10 or better. Of course anytime a stock is green it is good. IMO-DD-Debi
---------------------------------------------
But I would like .50 to be able to become a philanthropist. It is hard to do that at .01. I kind of want at least 5 Million dollars. Ten would be enough for all my plans. If CMKX does hit it big and anyone would like to sponsor some kids in Africa with World Vision let me know. I might even organize a trip for anyone interested in seeing first hand what they do and how much Child Sponsorship helps. There are literally millions of kids right now who are AIDS orphans-no parents and their communities are unable to help them. I have some projects I want to fund with World Vision and that part of what I want to do with this money comes to about $2 Million dollars. It goes fast. For one million dollars I could sponsor 1000+ kids for about 10 years. Bring clean water, sanitation, education, access to medical care, nutrious food, and hope. Get them thru school and leading productive lives. They will probably end up doing better in life than most of the kids I know here. These kids who live in hopeless poverty can grow up to become doctors and nurses and teachers. It is a wonderful thing to do and the best investment I think anyone can make. IMO-Debi

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bill1352
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wwjd, you sound like a very caring person, good for you. i think your hoping for more then is reasonable in the dividen idea but you might be right. in my thinking it may not be needed for us to cash in. we know there arew 500 billion authorized shares. lets say all o/s. we have an idea that UC and insiders own 87% of the o/s. if a/s & o/s are the same and insiders own 87% if this was a reporting company insiders would have to say they are selling or buying thus restricting this 87% 500 billion x .87 = 435 billion leaving 65 billion as the float. am i correct in determining the float? might be wrong in how i got there. if i'm right 65 billion shares of a company that averages over 2 billion a day in volume is not much. we have a billion or more owned and held here at allstocks. if that link to the pie chart is correct and institutions are buying cmkx there might not be a float. this would shoot the pps up at a rate that is unbelievable because the naked shorts have to cover or risk huge problems other then cost. of course all this is guessing as we dont know o/s and we dont know what insiders hold. maybe just reporting to the sec will make our dreams come true. after we get ours UC can sell his to the mm's to cover and hand them the keys to the company a very, very rich man and the mm's can start diggin for diamonds to get their money back.
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RaiderJR
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I think anyone who sold because of the fake letter should document their sale, and if the price goes up and they lose out, should seek damages from the person or persons who sent the letter, and the TA who posted the results.

I think, in such cases there could be liability. Class action should be very appropriate.


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shadow
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I sent the CMKM lawyer a message with a few questions.

I was a bit surprised by the response.

First he is out of the office until the 6th.
(to be expected.)

The killer was the confidentiality notice
that comes with the reply.

I would tell you what I wrote but then
they might have to do us all in... ;-)

His email address can be found at their web site.



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WWJD-thru-me
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Hi Bill, Until the company gives us the share count and the naked share count we won't know how the fair price will be affected by the short squeeze assuming there is one. And as far as the dividend goes-It is one way I can think of to force the shorts to cover. I guess a merger or buyout would also force covering. I think we do need an event to force the covering. I think when we get the basic share count information and hopefully the rest of the outstanding questions answered we will know what our shares are worth. Until the company announces it it is just speculation.
DD-IMO-GLTA-Debi

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TradingWizard
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Here is something to read for those who don't like my posts (stock being halted), may be this will make you happy if you cannot for some reason accept that it is good to be aware of the positive side of the story, as well as negative, and any rumor that exists....not buying and not selling, holding strong CMKX shares....

just in case CMKX dissapoints you, you can do this:

A million pennies saved, nothing earned
Wednesday, June 30, 2004 Posted: 5:11 PM EDT (2111 GMT)

LOS ANGELES, California (Reuters) -- A California man who collected 1 million pennies for a bet is having a hard time cashing in on his $10,000 fortune.

Ron England has amassed 3.6 tons of copper in his garage in the Los Angeles suburb of Granada Hills after making a bet with his brother 30 years ago that he could collect 1 million pennies.

But neither the U.S. Mint, the U.S. Comptroller of Currency, coin collectors nor the local bank is interested in cashing in his stash -- at least without a charge.

"I've been working seriously for the past two weeks to get rid of these pennies," England, 60, told the Los Angeles Daily News. "It's kind of frustrating. Nobody will take them without charging me."

What's worse. England is still waiting for his brother to honor his side of the bet -- a meal in Paris.

"I don't remember making the wager. Am I still good for it? I'm not going to answer that question," Russ England told the Daily News.

------------------
'Alone we can do so little; together we can do so much.' - Helen Keller

[This message has been edited by TradingWizard (edited July 04, 2004).]


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TradingWizard
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Since nothing really going on between today and tomorrow morning, this is old, old news you may enjoy to read before a bed time:

LAS VEGAS--(BUSINESS WIRE)--Nov. 27, 2002

Formerly Cyber Mark International Corp. (OTCBB:CMKI)--Chairman Urban Casavant announced today that there are approximately eight (8) acquisitions of which all conclusive there is 1.9 million acres of mining claims which have been secured by CMKI in the world famous kimberlite area in the province of Saskatchewan, Canada, known as Fort a la Corne.

Chairman Casavant stated, "Our mining claims surround the approximate 58,000 acres of Kensington & De Beers. Recently De Beers purchased themselves back private, for a stock purchase price of 17+ Billion USD. It is a well known rumor in the area that De Beers tremendous expense of both time and money to go back private is a solid indication of the tremendous diamond wealth of the Fort a la Corne diamondnifrous kimberlites." Chairman Casavant continued by saying, "We have not assessed the "Real Value" of the 1.9 million acres currently under our control. It is also believed that De Beers may have mines on there smaller parcel valued as much as $40 Billion USD to $80 Billion USD. Although there are no guarantees that the companies mineral yields will produce any such amounts-the likelihood definitely exists."

Chairman Casavant went on to say, "If these projections are even remotely close, which we have reason to believe may very well be the case, then with the massive land coverage we have spent the last several years to tie-up at considerable expense, it only makes a whole lot of sense that the mines which may be discovered on our much larger properties will be a real force to reckon within the world of Diamonds. The Fort a la Corne area could very well be the most important diamond discovery of the century. CMKI has strategically planned more staked acreage than any of it's surrounding competitors."

"With regard to our existing board of directors," Chairman Casavant stated, "Make no mistake, we are currently interviewing worldwide notables to fill the remaining directors positions. In addition, we have commenced with organizing an executive board of directors in an effort to add credence and credibility to the existing board."

Chairman Casavant is also proud to announce the appointment of world renowned economist, Mr. Mike King to the Executive Board. Mike King has written many analyst reports on several different mining companies in Canada, more specifically diamond mining companies, including the famous Mountain Province Mining Company. He is currently in the process of constructing a business plan for our core business, created as a result of all the drilling and excavation to be done.

With the infrastructure already in place i.e. roads, utilities, readily available manpower and other resources necessary for mining the diamonds, our company is fiercely competitive on a year-a-round production basis.

CMKI's geophysist has indicated that the quantity of diamonds in the Fort a la Corne area is expected range from 1.76 to 4.90 carats per ton.

Chairman Casavant further stated, "Upon completion of the business plan our auditors will prepare our proformas and forecast to be announced," and concluded by saying, "Our mining costs and specific drilling sites are confidential, as a measure of security to protect our shareholders interest. We are well aware that our costs are far below that of any of our competitors, therefore one thing for certain is that the potential yield from these mining claims and it's profitability may be very exciting."

------------------
'Alone we can do so little; together we can do so much.' - Helen Keller


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TradingWizard
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Three major players have something in Fort a la Corne, maybe CMKX will have something soon! Enjoy reading.

-------------------------------------------
Kensington et al. plan new mini-bulk tests
2004-06-30 11:54 ET - Street Wire
by Will Purcell

Kensington Resources Ltd. and De Beers Canada Corp. have unveiled plans for their biggest exploration push yet on their Fort a la Corne diamond project in central Saskatchewan. Word of the new program on three key kimberlites comes just a few days after their main rival in the region, Shore Gold Inc., delivered the first set of results from its Star kimberlite. Shore Gold hopes that a richer portion of Star can make the grade, and De Beers and Kensington now plan to zero in on similar zones within their best pipes, through a resumption of their large diameter drilling program. As a result, the Fort a la Corne plays should deliver a steady stream of diamond recoveries over the next year.

The new program, which carries a budget of $6-million over the next year, represents a shift in strategy according to Kensington's new president, Robert McCallum. He termed the move a logical one that would place the emphasis on quickly advancing the project toward a prefeasibility decision, and such a decision would be welcome news to speculators who have been following the play since the late 1980s.

The shift toward examining the richest parts of the mammoth pipes should accomplish Mr. McCallum's goal, although it also diminishes the scope of the project to a significant degree. In the absence of toutable grades, the Fort a la Corne promotion has survived, and occasionally flourished, over the past 16 years due to the huge size of the kimberlite bodies.

There are several hundreds of millions of tonnes of kimberlite in each of the four pipes that have been subjected close looks over the past few years, and that size potential was more than sufficient to support notions of a mammoth prairie diamond mine. The current strategy diminishes the amount of kimberlite under consideration considerably, but it still could be sufficient to support that large mine if things break the right way.

The new plan would require the high-grade sections of the three top pipes to be considered together, but that should not be a problem, due to their close proximity. The No. 148 pipe is roughly three kilometres to the northwest of No. 140/141, while No. 122 lies within 10 kilometres to the northwest of No. 140/141.

Still, coming up with an economic grade and value could be a challenge, as the zones with modelled grades in excess of 0.10 carat per tonne in the new plan account for a fairly small proportion of the kimberlite deemed to be worthy of further testing this year.

Based on the work to date, De Beers has modelled a grade of about 0.16 carat per tonne for the breccia beds within the No. 140/141 kimberlite complex. That is encouraging, as the diamonds in that zone have been calculated to be worth about $115 (U.S.) per carat, which would peg the gross value of the breccia at something close to $19 (U.S.) per tonne.

That would be more than enough to get the market's speculative juices flowing, but the current estimated tonnage for the breccia is just 29 million tonnes. Much of the hope surrounding the Fort a la Corne play involves minimizing the operating costs and the rosiest of estimates have been based on mining rates of up to 60,000 tonnes per day. At such a rate, the breccia beds in No. 140/141 would be exhausted within two years. As a result, additional quantities of economic kimberlite would be required to support a mine with a life of over 10 years.

The No. 122 kimberlite now appears capable of supplying a healthy supply of richer material. The body contains about 45 million tonnes of pyroclastic kimberlite in the upper part of the main southern zone of the 126-hectare body, and that material has been modelled to contain about 0.14 carat of diamonds per tonne. As well, a further 34 million tonnes of pyroclastic material in the lower region of the same zone has a grade that is estimated to be 0.12 carat per tonne.

In all, that would work out to nearly 80 million tonnes of kimberlite that would contain an average grade of about 0.13 carat per tonne, and the material could theoretically sustain a 60,000-tonne-per-day mine for about four more years. Little is known about the value of the diamonds, but there is reason for optimism that the stones will be at least as valuable as those in the richer parts of No. 140/141. A value comparable with the modelled value for No. 140/141 would support a rock value of a bit better than $15 (U.S.) per tonne.

The sample sizes at No. 122 are much smaller than what has come from the No. 140/141 complex, and that results in greater uncertainty about the grade and value of the No. 122 diamonds. As a result, the planned program could result in some significant changes to the modelled values.

Meanwhile, there are two much larger blocks of kimberlite that could also be of economic interest, although the modelled grades are significantly lower than the best of the zones in No. 122 and No. 140/141. Perhaps the region with the best shot of being incorporated into a future prefeasibility study is the coarse megagraded kimberlite beds within the No. 140/141 body, but an even larger zone in No. 148 is apparently worthy of a closer look as well.

The partners have identified about 105 million tonnes of the coarse material in No. 140/141, and De Beers has modelled an average grade of about 0.09 carat per tonne for the zone. The diamond value has been modelled at about $115 (U.S.) per carat, which would support a rock value of just over $10 (U.S.) per tonne, but there is still a considerable amount of uncertainty in that calculation, due to the modest recoveries so far. Additional testing this year should help narrow the uncertainties in grade and value, and an encouraging result could be sufficient to add another five years of life to a large, but still hypothetical, diamond mine.

De Beers and Kensington now estimate that about 156 million tonnes of the main pyroclastic kimberlite zone at No. 148 are worthy of additional testing. The partners have modelled a grade of 0.07 carat per tonne for that material, which would be enough to sustain a 60,000-tonne-per-day mine for about eight more years, if the combination of grade and value produce an economic combination for the rock.

If the diamonds also prove to be a match for those in No. 140/141, the richer kimberlite in No. 148 would have a gross value of about $8 (U.S.) per tonne, and that would make the main zone at No. 148 the longest shot of the four richer zones at this stage. Still, the small sample sizes to date combined with the large amount of kimberlite makes further testing worth the apparent risk.

The major component of the planned 2004 exploration program will be the large diameter drilling program on the three top pipes, but the region in the general vicinity of the bodies will also be examined in the hopes of finding additional high-grade zones in some of the existing finds.

One of those targets seems likely to be the No. 150 pipe, which was also subject to a busy core drilling program last year. The diamond counts from that work are still unavailable, and a subsequent modelling exercise based on those numbers could well identify some additional kimberlite that would be worthy of additional testing. The body is close to the centre of activity, lying a few kilometres to the west of No. 140/141 and a similar distance to the southwest of No. 148.

As well, the partners will be on the prowl for adding to their kimberlite finds over the southern half of their property. In particular, a large gravity anomaly just east of No. 150 appears encouraging, but a number of magnetic and electromagnetic geophysical anomalies are also likely to be tested in a core drilling program.

Shore Gold's bulk sample has also identified what appear to be zones with higher grades within the large Star pipe, about four kilometres to the southeast of No. 140/141. The company recovered 336 carats from nearly 5,000 tonnes of kimberlite with its first batch, which indicated a grade of about 0.07 carat per tonne.

Still, a significant part of the sample managed to deliver a grade of 0.10 carat per tonne, as 1,835 tonnes of kimberlite yielded 182 carats of diamonds. Shore still has high hopes of collecting 3,000 carats from its 25,000-tonne test, the bulk of which should come from its high-grade regions.

As a result of the new program, the coming months should be a busy time for Mr. McCallum, who was appointed to be Kensington's president in mid-May, replacing David Stone, who continues as a director. Mr. McCallum had been a vice-president of exploration for Corona Gold Corp., and he subsequently served as president of Philex Mining Corp. until he retired in 1998. He did not stay retired for long however, as he quickly popped up on the board of Miramar Mining Corp., where he served until retirement called him again in mid-2002.

Mr. McCallum was also the president of Dolphin Explorations Ltd. in the late 1980s and early 1990s. The company had some success promoting its Cape Ray gold play in Newfoundland, until a market downturn took its toll on the resource sector. Mr. McCallum was gone by the time the company was reorganized as American Gem Corp. in 1993, through a 1-for-20 rollback. In any case, he should have an easier time selling the Fort a la Corne story to speculators, due to the busy year planned in the region and Shore's continuing sample.

Kensington's share of the budget will be just over $2.5-million, based upon its 42.25-per-cent share of the project. At the end of March, the company had just over $1.8-million in working capital, but there may not be any great rush to complete a new financing, as the company has a significant number of options and warrants outstanding at prices that are in or near the money.

Kensington shed two pennies on Tuesday, closing at 77 cents.

Source: (if works) http://new.stockwatch.com/swnet/newsit/newsit_newsit.aspx?bid=B-359902-C:KRT&symbol=KRT&news_region=C&name=Kensington+Resources+Ltd&title=Kensington%20et%20al.%20plan%20new%20mini- bulk%20tests

[This message has been edited by TradingWizard (edited July 04, 2004).]


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Highwaychild
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.3+ Mill. acres in the FALC lands, owned rights by CMKX!!!!!!!!!!!!!
It's heating up around there since the BIG K. Co. find!!!!!!!!!!!!!!!!

[This message has been edited by highwaychild (edited July 05, 2004).]


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TradingWizard
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Since all of you Americans are on holiday, I thought I do some DD for you this weekend - happy 4th of july.

Here is interesting repost from another site, source is on the bottom of this article.

Topic: Theory of a Tender Offer (Read 322 times)

holyguy7
Diamond Hunter
member is offline
Theory of a Tender Offer
ę Thread started on: Today at 12:01am Ľ

--------------------------------------------------------------------------------
Tender Offer might be in the Works
By Holyguy7

I got to thinking about why CMKX price really has not moved at all for the last month. It spiked up early in June and leveled off at .0004 and .0005. It has stayed at that level now for a few weeks now.

It seems fairly apparent that there is a big short on the stock. The MMs know this. All investors know this. Urban knows this. Roger Glenn knows this.

Interest of the stock has just increased over the past month ever since Roger Glenn got involved. Personally, I would not have touched this stock if Roger Glenn was not involved. I purchased after he got involved because it proved to me that the company was serious about solving their problems.

The MMs know that they have been beaten by now. They know if that they allow people to continue to accumulate shares of stock at these low levels that they would just be creating a bigger problem for them in the future. Why are they not letting the stock move up in price? Why not allow the stock to move up to .0015 and keep it there so that some people would sell off with a good profit and, thus, reduce down there O/S problem that they created by naked shorting?

There is a possibility that the MMs might have struck a deal with CMKX for some kind of a settlement. I remember hearing a rumor a while back (2 weeks ago) that NITE approached Glenn Rogers with some kind of settlement. There is also a rumor that CMKX is getting ready to change to a new CUSIP number.

I think there might be a settlement in the way of somewhere in the neighborhood of .50 per share. There are several advantages to this.

1. The shareholders become wealthy overnight.
2. The shorts immediately get covered.
3. The MMs will only have to pay out in the Billions rather than in the Trillions to cover.

The reason I think that this might be the case is because I believe it might be next to impossible for the shorts to truly cover completely for MANY YEARS. Think about this for a minute. If it is true that there is only 5 Billion (or so) outstanding shares and the naked shorts are close to 400-500 Billion like some suspect then it would take a long time and perhaps they might never completely cover from their shorts.

Why do I say that? Well, I own 62 Million shares. When the share price gets to, say, 50 cents I might sell off 1 Million and keep the rest for later. After all, I don't want to pay Capital Gains Tax on all 62 Million shares in one year do I? Well, others are thinking the same thing as well. *********** has, at last count, over 823 Million shares. Will he sell them all at once? Others have somewhere in between and nobody would probably sell them all at once especially knowing that we more than recouped the cost of our initial investment many times over with only a fraction of our shares. Plus, many of us are going to invest in the future of CMKX because we all know they have the best mineral claims in the world. Why not just ride it on up? Because of this, I don't think the shorts will EVER be able to cover. They know not enough investors are going to sell to get the outstanding shares down to the 5 Billion they need. They will always be short while the price continues to climb higher and higher and higher. Perhaps close to $100 per share. At this point, there is no way they could afford to pay back the shorts. Do you understand what I am saying here?

A more likely scenario is this:

1. We receive the tender off for .50 a share.
2. Price of CMKX is now 50 cents a share mostly paid for by the MMs who are covering their shorts.
3. Urban and Rogers would then do an IPO of a new ticker on the AMEX or NASDAQ allowing the existing CMKX shareholders the right to get in on the new ticker first. Some would then purchase in on the new company, others would take their earnings and retire. It is possible that those CMKXers that buy into the new company may NOT have to pay capital gains tax because they are in essence just converting from one Ticker to another (at say a 10/1 reverse split ratio making the new Ticker then going for $5 a share) and might get spared capital gains tax because it would be like just doing a reverse split with a new ticker.
I don't know enough about corporate law to say if my theory might work. Hey, but I think I know a corporate lawyer that may know . . .

Is this a possibility?

Source: http://cmkx.proboards34.com/index.cgi?board=general&action=display&num=1089003672

[This message has been edited by TradingWizard (edited July 05, 2004).]


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TradingWizard
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May be we got uranium too. This is repost from another board:

By: jabberjaw521
05 Jul 2004, 10:08 AM EDT
Msg. 35314 of 35321
(This msg. is a reply to 35285 by alyssa316.)
Jump to msg. #
alyssa316, good find..!! I hope you don't mind if I took it a bit further, below...GLTY...Jab
(Notice bold underlined print)
http://www.altiusminerals.com/JV_projects.asp


Deer Lake Basin Uranium Project
Cameco Corporation, the global leader in the uranium industry, funded the 2003 exploration program on the Rocky Brook uranium-gold-silver property. The property is located within the Deer Lake Basin of western Newfoundland.
The property features unsourced boulders that have returned assays of up to 11.5% U308, 859 o.p.t. silver and 11.8 o.p.t. gold from different boulder samples. Recent geological and geophysical work has identified priority targets that may represent the source deposits for the boulders.

Two key observations have aided the identification of these targets. First, till mapping has identified that ice direction in the vicinity of the boulders are generally from north to south while most prior exploration assumed a south to north direction. Secondly, a positive magnetic signature of the mineralized boulders has been observed. A recently completed, high-resolution airborne magnetic survey has identified shallow magnetic targets in proximity to the high-grade boulder occurrences that are well situated with respect to the new exploration concepts.

The Athabasca Basin in northern Saskatchewan is the world's most important source of uranium. Cameco's McArthur River deposit, while only approximately 400,000 tonnes in size, represents a larger energy resource than all of Canada's conventional oil and gas reserves combined. The extremely high-grade nature of the mineralized boulders at Rocky Brook compares favourably with deposits from the Athabasca Basin of northern Saskatchewan and underscores the potential strategic and economic importance of the property.

A substantial sonic drill program consisting of approximately 80 shallow drill holes was completed in November and was designed to collect both surficial and bedrock samples. Knowledge of the nature and geochemistry of the surficial samples will greatly enhance understanding of the glacial history and assist in locating the potential source of the high-grade boulders. The bedrock samples will provide important information concerning lithologies and alteration zonation as well as potential mineralization. A review of the 2003 drilling results will be released when all the data becomes available expected in early March 2004.

Source: http://www.ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=35314


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TradingWizard
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Good naked shorting article. Now days who do you believe, a company, a stock exchange, a computer, who knows.

Trading scheme puts squeeze on stockholders
Monday, July 05, 2004
BY SUSAN TODD
Star-Ledger Staff
For three rattling days last month, Integrated BioPharma, a sleepy vitamin company in Hillside, had a mystery: Its stock price was plunging, while the number of shares trading whirled to levels six times the norm.

Jamie Levey, who handles the company's investor relations, fielded dozens of calls from curious and frantic shareholders. "Everyone was dismayed to have something like this happen without explanation. It was unnerving," she said.

As it turned out, Integrated BioPharma was the latest small company to be swept up in an alleged international manipulation scheme on one of Germany's obscure stock exchanges.

The scam, dubbed "StockGate" by the financial press, is the latest example of an illegal practice experts claim has cost investors hundreds of billions of dollars. And it's one more thing to rattle investors of risk-prone small-cap stocks.

The first hint Integrated BioPharma had been caught in the international intrigue came when executives were told company shares were being traded without their knowledge on the Berlin Stock Exchange.

"It was a horror certainly for the investors," said Sy Flug, a director at Integrated BioPharma and one of its largest shareholders.

In news releases over the past two months, hundreds of small U.S. companies have claimed to be victims of the scheme, attributing the unauthorized listing of their stocks on the Berlin exchange to naked short sellers, who illegally manipulate shares of thinly capitalized stocks to drive them lower so they profit.

Regular short selling of stocks, which is a bet the share price will fall, is perfectly legal. A short-seller borrows shares from a broker and sells them. Eventually, the seller must buy back the shares and return them to their owner. If their price falls on the open market, the short-seller profits.

In naked short selling, the seller never actually holds the shares and cannot deliver them. The illegal practice sometimes results in more shares being traded than are actually issued, and it can cause panic among legitimate investors once share prices start to fall.

Ordinarily, companies want their stock listed on an exchange in hopes of generating more interest in shares. But these listings may have been carried out only to satisfy naked short sellers.

"I am outraged at the listing on the Berlin Stock Exchange of our common stock and its impact," screamed a June 17 statement from Howard Ullman, chief executive of Florida-based China Direct Trading Corp.

Executives and securities experts believe Germany is the new venue for naked short sellers because the U.S. Securities and Exchange Commission now prohibits the practice. Officials at the Berlin Stock Exchange have denied the allegations, and no one has been charged with any crime.

For their part, U.S. companies said they have no proof of what is actually happening. But early last month, the SEC and National Association of Securities Dealers went to Berlin to investigate complaints.

"The SEC is not disputing that someone is manipulating the stocks," said John Nestor, a spokesman for the agency. "We just passed new rules to make that tougher."

But he said the practice of naked short selling is not concentrated in Berlin.

Flug, the director from Integrated BioPharma, said last week: "There's always a possibility there's something else going on, but from everything we know, there's not much doubt it's all tied to" naked short selling.

Seth Taube, a former SEC prosecutor and head of securities litigation at Baker Botts, a law firm in New York, said the interaction of modern technology and traditional securities practices has allowed naked short selling to flourish.

"Berlin is merely the latest source of naked short sellers," he said. "It's a place where stocks can get listed without permission. It becomes a perfect source for naked short selling activities."

Integrated BioPharma found that out the hard way.

The company, which employs 90 people, makes and markets nutritional supplements, including its own mail order brand of Vitamin Factory products. It also supplies pharmaceutical companies with paclitaxel, a vital ingredient in many cancer drugs. The company lost $1.24 million in the most recent quarter.

Its roller coaster ride began on June 22, when 41,300 shares changed hands on the American Stock Exchange, slightly above its daily average of 40,000 shares. Two days later, its trading reached avalanche-like proportions, with 264,600 shares trading -- more than six times the normal volume.

Meanwhile, its stock dropped $4.15, or 35 percent, to $8.50 a share. That represented a loss of $43.9 million in market value.

"We weren't sure what was going on," said Eric Friedman, Integrated BioPharma's chief financial officer.

One of his shareholders ultimately did.

Once Friedman was notified of a listing in Berlin by the shareholder, he contacted the American Stock Exchange, where the stock trades. After meetings with their own attorneys and conversations with the SEC, the company -- like dozens of others -- has demanded to be delisted in Berlin. Some of the first companies who made a similar demand were delisted.

A spokeswoman for the American Stock Exchange declined to comment, saying policy prohibits her from discussing regulatory investigations.

Petra Greif, a spokeswoman for the Berlin Stock Exchange, declined to comment, referring a call to a statement posted on the exchange's Web site.

In that statement, exchange officials said they examined the prices and trades of companies that had complained about possible illegal short selling.

"In some cases, the investigations revealed that stocks were either not yet introduced to trading on the Berlin Stock Exchange or that there was no trading activity at all during the relevant period," the statement said. "There is no conspiracy to circumvent short selling rules," the statement said.

Friedman, Integrated's chief financial officer, said he didn't know anything of the situation in Berlin before he got swept up in it.

"I'm not sure we'll ever know exactly who's involved," he said.

Things at the company have returned to normal. On Friday, for example, its stock gained a penny to $8.25. Just 26,100 shares were traded.

"We're not terribly concerned with the value coming back. We know it will come back," said Flug, the board member. "There's no question in our mind, we'll put this behind us."
Susan Todd can be reached at stodd@starledger.com or (973) 392-4125.
Source: http://www.nj.com/news/ledger/index.ssf?/base/news-16/108901265249070.xml

[This message has been edited by TradingWizard (edited July 05, 2004).]


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Golf57
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quote:
Originally posted by TradingWizard:
Three major players have something in Fort a la Corne, maybe CMKX will have something soon! Enjoy reading.


I tell you something, your way of thinking is much more advanced than my is when it comes to dreaming. I own just as many shares as you do and I would love nothing more than you being right but, there is no way on earth that this stock is ever going to hit .50 cents at least not in my lifetime.

A more realistic goal is more like .01 maybe .02 max. JMO


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RaiderJR
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We don't know the OS yet, so wait for the official release.


Sterling has a post on uranium mining in the area.

Here is a map to gold mining NE of our claims. Notice the Seabee mine is NE of La
Ronge and our claims stop just south of La Ronge.
http://www.explorationgis.com/LR_goldbelt.html

Seem to be only 60 KM away from our claims.


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TradingWizard
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Golf57, we have long way to go with CMKX - right now no body knows what is going to happen. Lots of theories - which one is the one? I don't know. I really don't know how it will end up, the above just some interesting readings that I pulled out researching this stock.
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RaiderJR
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Another site on magnetic surveys.
http://www.digistar.mb.ca/minsci/finding/magnetic.htm

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RaiderJR
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quote:
Originally posted by RaiderJR:
Another site on magnetic surveys.
http://www.digistar.mb.ca/minsci/finding/magnetic.htm


Notice this from the site.

Some geophysicists propose the use of the magnetometer to detect gold placer deposits, because of their common association with black sands largely consisting of the mineral magnetite.


Seems aerial surveys can detect gold placer chemicals and thus can help find gold.


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bill1352
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the .50 offer might be a bit more then is possible but then that depends on how naked the mm's are. uc know the o/s i'm sure he also knows what insiders own once they get the numbers all together if it were me i'd ask to halt trading for a few day with a pr stating why."we want to count shares owned at the end of xx business day it will take x number of days to count all shareholders and what they own" then the day before resuming trading give the final numbers in a pr. if the mm's area even half as naked as ppl presume the s**t will hit the fan. anybody owning stock will by then have the good sence not to sell forcing the mm's to settle and doing more then shine a spotlight on the naked short problem. i think though that the bigger the spotlight the less we get. the mm's will pay even more to keep everything quiet. if done out in the open they are out of business
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TradingWizard
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Some good info to read if you have a chance:
http://www.ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=35279

Other interesting post numbers (once you click on the above link, use the below numbers to read other links that I filtered out for you): 35275, 35274, 35246, 35231,
35223, 35193, 35168, 35162, 35156, 35144, 35137, 35118, 35106, 35083, 35074

------------------
'Alone we can do so little; together we can do so much.' - Helen Keller


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Diamonds are a guy's best friend


By Allison Kaplan
Knight Ridder Newspapers
June 25, 2004

Diamonds are not just a girl's best friend, as king of bling Sean "P. Diddy" Combs likes to say.

He's right. Men are in the throes of a love affair with jewelry. Blame it on athletes like Kevin Garnett, whose favorite diamond earrings are hefty enough to make J. Lo drool. Or how about Prince? Ever the innovator, he has been sporting an ear cuff adorned with sparklers.

"They are definitely a growing sector of the market," says Helena Krodel, spokeswoman for the Jewelry Information Center.

Says Helain Pesis, owner of Continental Diamond in St. Paul, Minn: "Men are buying themselves rings, bracelets, pendants, just because they like the looks of it."

The average guy is taking an understated approach, however. It starts with a signature watch, like a Rolex or trendy Ebel. Since Oprah added the chunky Philip Stein Teslar watch to her list of "favorite things," men have been as wild for the piece as women, Pesis says. Even some noncelebrity males are opting for a diamond-encrusted $2,000 model.

The next step is usually a bracelet -- something rugged, like stainless steel. Or maybe a chain. Titanium is the hot new metal. It's lightweight and much cheaper than platinum, and manufacturers are pushing it for the male market.

Cuff links, a more traditional option, are also enjoying a revival.

Source: http://www.indystar.com/articles/7/157464-7447-047.html

------------------
'Alone we can do so little; together we can do so much.' - Helen Keller


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http://www.investorshub.com/boards/read_msg.asp?message_id=1754380


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I found this on the other board, and somehow I do agree with some of the issues below:

-------------------------------------------
I found this on another board-- posted by mater.

Everyone should read this and make sure it's on all the other CMKX boards!

We are all to blame. We are becoming as evil to this company as the MMís are. There are thousands of people trying to get information before the company has released it so we have something to speculate on this stupid message board.

Uraban has a plan, and he is following this plan by the letter. We CAN NOT RUSH THIS PLAN, we need to sit back and be patient. We need to let the information roll in to our laps.

Couple days ago Joel got the information from the T/A that the O/S was X amount. Melvin heard this, had to follow up, a little peeved I might add, and said sit back and wait for a PR from the company. What Joel has reviled is not true.

We as shareholders ran with this. Caused all sorts of commotion, hundreds of other people called the T/A, so many that they ended up putting a recording on their phone. This in itself is very sad.

I can not believe that us shareholders have taken this information, put it out in the publics hands, before Urban had wanted us too and have given this information to the MMís. We gave this information to the exact people that the company and lawyers were keeping this information from. Then someone comes out and said they talked with, whoever, from the T/A, who was in his car, and said the float was Y. Again, this is information we are giving to the enemy. BEFORE THE COMPANY WANTS TO.

Why would we do this? Because we continually beg and plead for this information. We want this stock to move. We all know that this company is undervalued. We all know that this stock is not performing as it should. But sometimes the information that is being put up on these boards is information that the MMís should not have. And we give it to them. Yes this information we received may not be true.

Now CMKM has fired this T/A that we were so proud to have on our team. Call it a hunch, but I donít think this was in Urbans plan.

We have all heard about on Sept 6th things are really going to get big.

Do you think that what we have done has put a stick in the spokes? I do.
Are we going to make this Sept 6th deadline? Maybe.
Are we causing extra work for the company now? I think so.
Do you think that this information that we have found out was to get into the MMís hands? Absolutely not!
Did we care? No.

We have fired the T/A becauseÖ.

A. They gave out this information and they shouldnít have. Of course we know that. And it was all true.
B. They gave out this information and they shouldnít have. Of course we know that. And it was NOT true

We do own shares in this company, yes it is part our company.
Are we proud of this company?
Do we want this to be the biggest company ever?
Do we want the share price to be more then we can ever imagine?

Yes we do! But we need to sit back and let Urban and E&A run our company. Let Urban and E&A tell us what we need to know, when we need to know it. When we found out what lab our core samples were in, they had hundreds of calls. When we found out who our Attorney was, they had hundreds of calls. When we found out who our T/A was, they had hundreds of calls. When Joel said the T/A told him X was the O/S. They had thousands of calls.

We are causing damage to this company. We are feeding the MMís the information they are not supposed to know. Please people, lets calm down and wait till Sept 6th. We need to let Urban and E&A run our company.

Source: http://cmkxcafe.proboards34.com/index.cgi?board=cat&action=display&num=1088736824


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richnessforeveryone
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How can you post a copy from another board which say CMKX is undervalued ??????
To time they announced nothing only that the sample has some diamonds in them......whith no carat size and like I know from the partners only TWO diamonds was in the sample....
Be a little real.....Do date this company has no value and this is reflected in pps.
How long will you still dream.......perhaps until you run out of money ??????
We will spoke again about when CMKX will announce how many diamonds, diamonds size, mining shedule, o/s etc etc.....
Do date only rumors......nothing else.

[This message has been edited by richnessforeveryone (edited July 05, 2004).]


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richnessforeveryone
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quote:
Originally posted by TradingWizard:
May be we got uranium too.

Yes for sure.....We found too green man....lol


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TradingWizard
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"Awake, arise, or be forever fallen" - by John Milton.
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richnessforeveryone
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Basta with laughing.....
Now let us be a little serious....
Some rumors are that they found diamonds, gold, uranium, silver etc etc...
I ask you a question: How can they find so much in a little drill sample....
An serious minner will say you ' man you are crasy to believe this...'
So here enough is say........
Soon I will read here that we find an ufo with green man aboard in the drill hole...lol
Now about this lawer firm......you are sooooo excited.
People if you have money for pay someone the price he want he will work for you PK company or not.......so I think you will soon be all disappointed because you believe all in some miracle why UC took this law firm.....
I too will work for any company if they give me the money I want to receive for my work....FOR ANY COMPANY.... WHICH IS NOT INVOLVED IN ANY CRIMINAL ACTION...

[This message has been edited by richnessforeveryone (edited July 05, 2004).]


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TradingWizard
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quote:
Originally posted by richnessforeveryone:
Yes for sure.....We found too green man....lol

Please don't waste my or your time, if you don't want to read you are free to go - I am not really in the mood to argue. Because I post it, does not mean I believe in it. Others comments are strongly welcome to what I posted, but if you want to start the war, then go away. Some DD I did this weekend is just for reading only and one can interpret in any way they want. LOL

I don't even know why I am replying to your message, you lost my credibility a long time ago, like few others on this board.


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