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Wallace's problem is living in NY. People living too close to each other. Hurrying all the time. Spending too much time underground in those subways. Running around slapping each other. Makes 'em short tempered and crazy. LOL
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rchaud started another thread. He's over there talking to himself. I stopped in a couple of times because my religion requires me to visit the infirmed.
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With reference to the Dow Jones post "We've got Dow Jones Interest!
I am taking excepts but am not distorting in the least what was being said by "Carol S. Remond, one of four "In The Money" columnists who take a sophisticated look at the value of companies and their securities and explore unique trading strategies. 1:57pm edt 7/7/04. This DJ article was posted by noahltl and I expect that he posted it verbatim.
"CMKM's share count has been a big mystery for shareholders that had been trying to figure out how many shares of this tiny mining company are out there."
My comments- Only the company is making it a big mystery -no one else. When DJ says it is a tiny company, it IS a tiny company and the share count should be no mystery whatsoever.
"CMKM stock trades on the unregulated Pink Sheets market which means that the company doesn't file information with the regulators."
My comments - CMKX could file information with the SEC but has chosen not to do so for whatever reasons. If persons or companies are not reputable or trustworthy, this is the perfect way to hide facts they do not wish shareholders to know.
"CMKM has refused to tell how many of its shares are currently outstanding."
My comments - Why do they refuse such information? That is merely a simple matter of looking it up on a balance sheet or whatever records they may be required to keep. And, certainly, with outstanding shares in the hands of the public, they must have such basic records. If not, what kind of company is that?
"CMKM announced June 29th that Pacific Stock Transfer had taken over as its Transfer Agent - stopped as of July 1. Casavant declined to comment about Pacific Stock Transfer's departure."
My comments -
That was only 2 trading days. I find that to be very strange/unusual and suggests to me that maybe Pacific wanted nothing to do with CMKX for some reason(s). Casavant declined making a comment to DJ. Why? Is there something he does not want the public to know...something he's hiding?
"Roger Glenn declined to comment on the company's loss of the Transfer Agent."
My comment - Note that the author of the article specifically stated "the company's loss", not the Transfer Agent's loss. This is a very suggestive statement as to where the decision was made.
"Glenn declined to comment on what he is doing for CMKM."
My comment - Why not? Presumably he has already made two public comments as to what he claims to be doing for CMKX. Why not tell DJ the same thing? Mighty strange!
"CMKM stopped filing with the SEC last July."
My comments - For a "tiny" company, such filing is certainly no particular hardship, and, it would seem to be much to the company's benefit and reputation to file with the SEC. Not filing, on the other hand, permits hiding or withholding information from shareholders. They apparently stopped filing about a year ago for some unknown reason. Normal conjecture would have to be negative as to why.
My comments - If they use Desert Stock Transfer Co as their Transfer Agent (and I am not sure if they can), opportunities could and would exist of which you may never be aware. That does not mean they would take advantage of those opportunities, but I have seen it done on many other occasions with much, much bigger companies than CMKX. In those cases, it was considered to be a disadvantage to the stockholders and was not permitted under any circumstances.
Does anyone want to refer to Dow Jones as a basher? Does anyone want to refer to the author as a basher? I suppose someone will.
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I posted the DJ article to show that CMKM is creating a stir in the marketplace. It's a little negative, but then again I'm not the pumper I have been accused of being, so I post what I find, as I find it. There is nothing new in this article, she's asking the same questions we all are. If UC was running a scam, he would have welcomed such publicity. The truth is that what is going on behind Roger's door is so big that not even DJ can get the info they want. So, she wrote an article as negative as she could. These reporters don't like being told "no comment". So she calls it a "tiny mining company", but if so tiny, why is she wasting her time on it?
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rchaud, thanks for the late breaking news, but all of the longs on this stock knew about it much earlier today. Get current with you bashing.
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quote:I do take exception with your use of the words "glee and patting yourself on the back with every .0001 drop". Whether you or others like it or not I have been saying all along that it will drop. How many of your companions on this thread would have said "Called it!!! .001" if it went there?
It went there. Granted people were happy but no one was bragging that they "called it" or screaming they were right.
Your next point:
quote:I mean no offense, but I do not see you verbally taking issue with the many people on this thread that demean someone who has a different opinion.
I suggest you go back and read the original thread started by CashCowMoo. You will see who was the most vocal about the negative aspects of this stock including calling out people who attempted to post positive hype with nothing to back it up.
Next:
quote:Yes, I know you own the stock so you do have a vested interest. However, to sit by and say nothing to those above seems to me to be very cowardly.
I have said many things to most of the people you name above. Debi & I regularly disagree on this stock however we do it in a civil tone. I'm not out to prove that I am right and everyone else is wrong like it seems that you are. There's nothing "cowardly" about respecting others opinions especially at a time like this when all shareholders are in a state of flux due to the lack of news. I agree that there are serious issues that need answers by this company and like you, I don't believe they have the right answers however I am not so full of myself that I cannot admit that just maybe I am wrong and the believers are right. As much as you hate to admit it, that possibility exists.
How would you like me to respond to your post? What do you expect me to say to your "bragging" or "screaming they were right"? What about "I'm not out to prove...everyone wrong...like it seems that you are."?
Do you really think all that crap put out by others such as idiot, ***** (that is how Will referred to me), *******, and even worse statements are just opinions? Take a look at one of JBCak's most recent opinions...very much like one he made before. Somewhere along the way you seem to have missed the very specific point on my "cowardly" statement.
You offhandedly suggest I am full of myself and therefore cannot admit I might be wrong? I suggest you review some of my posts as well. You may even find such an admission within the last page or two on this thread.
Upside, there are too many onlookers in this world who are willingly standing by while others are being harmed.
I have no further comment on these matters. If you wish to discuss them with me privately, ask Debi for my email address. Just remember, I tell it like I see it.
Debi, if you see this post do not put my email address on any of the threads. There are just too many people with loose connections here. If Upside does want it, he will have to find some other way.
[This message has been edited by Wallace#1 (edited July 07, 2004).]
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[This message has been edited by Wallace#1 (edited July 08, 2004).]
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Wallace, I think you have me confused with someone. "(that is how Will referred to me), " Wasn't me my friend. I'd have to see that post to be convinced. Like I said, I don't care much what anyone says. The only one irritates me is richnessforeveryone, it is obvious his lack of English skills is a put on. Say what ya like wallace you have my blessing.
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quote:Originally posted by Wallace#1: ...Not once did any of you say to rchaud, to richnessforeveryone, to osubucks or anyone else who had a different opinion...you make a good point...
That's because none of you HAVE made a good point! That should be your first clue. When the thread title is obviously a bash, why would we?
Even you have lost your main supporter and cheerleader. Could that be because you bash AND because you still haven't explained your novice-to-expert-in-weeks phenomenon? She's no dummy, she has respect on here and obviously doesn't want to jeopardize that for you, basher!
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Upside I thought the thread you requested to be removed was removed along with your reference to it. But another one had been previously started and also another one since then. You have been a good role model of how to talk about concerns, doubts, and/or even suspicions about a stock without being personally contrary or nasty. I would love to have people follow your example. Not only that you also happen to be bright and when people answer your question you don't ask it again and again. That is refreshing. ---------------------------------------------Noah and others-I think the bashers are crawling out of their hidey holes. If we don't want to become RB we shouldn't engage them. Perhaps they will get bored by their monologues and go away. If you must address the issue they bring up do it on this thread rather than highlighting theirs. They get bonus money when you address them. IMO-GLTA-Debi
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quote:Originally posted by will: Hey pharm, ltns, how you doing? Everyone is just frustrated waiting for good PR. Been doing anything besides QBID and CMKX?
hey will. I've mainly been harassing obvious bashers. I've also been trading LFTC and TFCT. Both going well so far. (crossed-fingers)... oh yeah, and trying to help get the negative threads locked and a user or two banned... so far, so good! It'll be apparent tomorrow by way of absent bashers! LOL...
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Noah and others-I think the bashers are crawling out of their hidey holes. If we don't want to become RB we shouldn't engage them. Perhaps they will get bored by their monologues and go away. If you must address the issue they bring up do it on this thread rather than highlighting theirs. They get bonus money when you address them. IMO-GLTA-Debi
I know Debi, I only post to their threads when they are already on top. If we don't post, they talk to themselves to get it back on top, so it takes a long time for them to tire of self-gratification. I tried not to use their names, but there are so many you have to identify which idiot you are calling idiot. I know, shouldn't call names, but that's such an all encompassing term for these...........well, idiots.
If that was not you, please accept my apology. I did, however, see your posts on osubuck's thread about GET OUT of CMKX and was rather surprised. It did seem unlike you.
Again, I am sorry if I mistakenly offended you. I always read your questions and honestly believe they are very pertinent as well as carefully thought out.
I do find it quite sad that so many have to preface all their honest questions with "I'm not a basher, but..." or something similar. That is because certain people on the CMKX thread(s) object to someone else having an opinion or saying something they interpret as being contrary to their way of thinking.
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I'm with Debi, we need to stop engaging them. So many times I find myself wanting to do battle with them.To keep the high ground we must not run down to them, but stay on top. It is much harder for them to try to throw uphill.They will get weary and give up sooner. Please let them rant themselves to a frazzle. Just talk with the friendly and ignore them. I pray GODS blessings on CMKX and us. Darren Baker
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hopped out of cmkx at 0.0005 or 6... forgot at this point... waiting for news or something... just popping me head in to read over the threads... wish something usefull would come out... I want to buy back in, but I wont unless I see a sure reason.. but I will most likely miss the train on this one... Anyways GLTA
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Hundreds of anomalies which have been filtered.
The value in the magnetic survey done by Goldak Airborne Surveys is the key to placing value on these claims owned by CMKX. The biggest names in the industry surround them. I cannot speculate on the future, but if the past is any indicator, it is crystal clear why Roger Glenn is involved. The share structure will take care of itself with his guidance and work.
In light of the survey, the key is...the value of that land.
Indulge me in hitting the highlights of the Diamond Mines show, I'll try to hit the pertinent points of this exclusive, but significant industry.
They told a history through the early times beginning at middle of the last millenium which was interesting. Then around 1890, it was found that South Africa came to be central focus of the diamond craze because of the high content that was being excavated. A town formed in that area simply because of this rush, and was named Kimberly. 31 mining claims by a small partnership were in place there in 1900. The mining was done by hand involving the work of hundreds and thousands of people day in and day out. The mines were not secured properly because of the composition of sand, and many mines collapsed, killing many people, so the effort became frustrated after some time and these recocurring tragedies. At the time, a man named Cecil Rhodes was an entrepreneur who didn't have an interest in diamonds previous to this. He ended up buying the 31 claims. He also bought the land from the Brothers' Debeers for $6,000.00. It was Cecil Rhodes who invested in the right mining equipment and successfully became the largest diamond producer in the world at that time. He named the company Debeers, and he produced 95% of the world's diamonds during the beginning of the 1900's. From that time until after the second world war, Debeers would buy most of any operations that would pop up in this area and other parts of the world.
In 1954, the first Kimberlite pipe was discovered in Syberia. Even though spring temperatures were often -30 degrees, the kimberlite in this area produced the highest quality diamonds and 15% of global production. Debeers sought to buy claims and stockpiles of diamonds until 1991 when the relationship broke down due to the new goverment established after the fall of the Soviet Union.
The program then introduced Chuck Fipke, who in 1985, on money he borrowed from interested friends and investors, began in exploration in the kimberlite found in Saskatchewan Canada. His exploration began in this area in the late 70's taking him to that point. In 1991, as president of BHP, Chuck and his company produced 4% of the world's diamonds by weight and 5% of it's value. They stated geologists with his company are worth 1/2 billion dollars, and investors in his company became millionaires. Now, many of the world's diamond mining companies are exploring and mining this area. They showed drilling sites on land and in the lakes of that area which have produced the highest quality diamonds in the world, rivaling the Russian mine.
The program went on to show mines in other parts of the world and on diamond refining. _____________________________________________
The geologist, the magnetic survey, the attorney.
A man who was a geologist for Debeers.
The survey using state of the art technology.
The attorney who is a partner in a law firm of global scope and at the top of his field of practice.
Share structure will be known in due course.
The major mining companies surround like players at a table. With the magnetic survey, we are sitting in the middle of the table holding the ace of spades. The one with the biggest ante for it gets it, or we can use it to our own advantage in drilling. It's one or the other.
I'll say it one more time to close...
The value in the magnetic survey done by Goldak Airborne Surveys is the key to placing value on these claims owned by CMKX.
Be well, Bo
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RJR There was a time about then when sentiment was high with considerable buying pressure. If you go back, there were many posts of trying to get filled. That has all fallen away. Everyone filled in to thier tolerance then the PR shifted to negative. Appears all are now waiting. Actually I"m surprised it hasn't dropped back to .0001, may be a thought there? VAN
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IMO anyone that buys pink sheet stocks has to know that the odds of it ever hitting it big are about the same as hitting the lottery. the differance is in the lottery you dont get pr's that can either excite you or disappoint you,,,you buy the ticket they draw the numbers. i have 1.2 million shares of cmkx. the only reason is the same reason i buy lottery tickets when the big game goes over 50 million $'s...you can't win if you don't own a ticket. the truth is this is probably going to become a loss. i've read just about every link posted in here and we do know thewy have mineral right to some property but unless someone has seen contracts who can really say how much. we know they have 1 drilling rig....we know they have a very good lawyer. we reasonably sure they did a quality airial survey over 65,000 acres of land. we know that 3 other companies are involved in whatever land they have rights too. we know that the whole area has diamond ferous kimberlite and the chances of some of the land they have rights to probably are worth mining. the truth is that its looking more & more like the o/s is 400 billion shares or at least close to it which suggests that naked shorting may not be a factor but that the mm's are and can easily control the pps. does anything we know increase our odds over that of a lottery ticket? probably. but to come in here and say we are going to be millionaires is foolish. to come in here and scream scam & call everyone that owns this stock losers is someone with low self esteem because being a pink sheet stock they will probably be right and can then feel so good about themselves for being right. the truth is that most of us that own this stock do so because you can't win if you don't own a ticket and this is so much more exciting then the lottery. but of course this is just the opinion of a ticket holder.
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upside don't listen to wallace the *******. He is a basher. Dont get worried about CMKX it will move and move good. Trust me. On the down low I heard that they will come out with a huge PR soon. When? When things are all settled and 100% COMFIRED!!!
quote:Originally posted by Upside: originally posted by Wallace#1: Man, judging from the tone of your post, you really do take some kind of perverse delight in seeing people lose money. I guess being right is more important than just about anything else to you?
Major Loophole In New SEC Naked Shorting Rule « Thread started on: Today at 10:20am »
-------------------------------------------------------------------------------- Below, is an article regarding the SEC's new rule, which included a section addressing naked shorting. Typical of a Government agency creating a Rule, there is a massive loophole in the regulation (see #2 in the quote below). This means a MM can naked short a stock if the MM "believes" he can enter into an arrangement to borrow the stock. He only has to "believe" he can. How is that for regulation Really a big hole in the Reg., ....eh?
I quote from the article (the complete article is posted below):
"...the SEC has stated, Proposed Rule 203 would prohibit a broker-dealer from executing a short sale order for its own account or the account of another person, unless the broker-dealer, or the person for whose account the short sale is executed (1) borrowed the security, or entered into an arrangement for the borrowing of the security, or (2) had reasonable grounds to believe that it could borrow the security so that it would be capable of delivering the securities on the date delivery is due."
I believe it will be a long time coming before we will see the naked shorting situation solved for the pinks. The only way MMs are going to stop shorting CMKX it to realize that the eventual pressure of buying, kicked in by positive company developments(PRs), will catch them in a short squeeze, thus, they will have to cover their naked short positions by buying CMKX, thus, pushing up the price.
I also remember reading that the new SEC Rule requires the MMs to cover a naked short within 13 days of execution. Not sure how that will play-out in the grand scheme of things.
What we want most is for UC to keep moving the company forward toward the goal of reporting, disclosure of OS, AS, etc., etc., etc.
quote:Originally posted by pharmdman: has anyone been able to buy at .0003?
Hi all! Long time listener, first time caller. My buy order for 500k just went through at .0003. Guess I'll take advantage of these cats walking down the price.
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