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UpMan: I'm proud of you. and second your opinion. It has become so onesided that if there is a question in someone's mind that just might reflect negatively on the "I BELIEVE" crowds posts people get whacked and labeled basher. There are some serious questions regarding this company. I just read that repost from that zenboy windbag, and can't believe how people line up behind it, and take it as gospel, and CMKX partyline. As I think about it though, if I had $10K, $20K $30K and more of this stock I would want the sheep in line too. The PR at first I didn't like because of the 35B additional shares issued. They weren't issued for some bullcrap worthless consultant, but for something that just might have value, so I have reconciled it, and like the idea much more after thinking about it.
quote:Originally posted by Upside: I've said this before but it needs to be said again. There is a BIG difference between bashing a stock versus attempting to point out some potentially negative aspects. Lately, if anyone says one negative word here, they're instantly labled a basher and ripped to shreds. I swear, this company could put out a p/r stating that Urban went through 40 billion of his shares last week wiping his back side with them and some here would say its his ingenious way of reducing the float, all part of the master plan. It gets tiring having to constantly defend a position when this forum is supposed to be OPEN for discussion, both positive and negative.
Hahah, I have the three million, it's the remaining one million that I feel like a rat in a maze, attempting to get to the finish line before the electric shock hits!
Or just a mouse on a wheel! hehe...
Nice story, I remember reading that last week... crazy crazy stuff. I mean if you were one of those guys who found it, turning it in you get nothing,lol but how do you unload it??? That is crazy...
Personally if it shot up before I get my last million, ohhh well, booo hoooo...
-John-
[This message has been edited by JBCak47 (edited July 27, 2004).]
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BILL The 35bn Are privately placed out of O/S, The 40bn are privately placed out of UC restricted O/S. AND UC has said first $60m go to company! VAN
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I cleaned out my car, my room and the area around the washer and dryer and (including the $20 I found earlier in my room and adding up all spare/loose change) I have $31 at .0005 thats 62k shares hehehe...
Watch out for the CMKX 'Bum', I will be comming through your town in my Ghetto racer ( a shopping cart with three wheels) filled with cans and copper,lol...
-John-
Do you think my parents would get mad if I sold there cars?lol...
A small company has made big plans for diamond exploration in the Prince Albert region this year. CMKM Diamonds, Inc (CMKX.PK) recently announced the acquisition of 500,000 more acres as well as a stock dividend to its shareholders of record as of August 20th.
Unheard of in the micro-cap world! With yesterday’s announcement the company holds mineral claims to more than 1.9 million acres in the area stretching from north of Candle Lake down to St. Louis.
CMKM Diamonds drilling program began in earnest a few months ago and the company has found kimberlite, the mineral that Diamonds like to hide in. Could Diamonds be far behind? “It’s going to be an aggressive program,” said Casavant. “We figure if we have no problems we can drill a hole a week.”
He wants to drill several properties over the next two years at a cost of about $10 million. The company has been financed by individual investors who have put in $1.8 million US with a pledge of another $3.2 million upon completion of a feasibility study and core samples. CMKM Diamonds is a Las Vegas-based company publicly traded in the over-the-counter securities markets.
Being located in the United States gives the company access to the money needed for its planned drilling, said the president.
Once people know how much work is involved in diamond exploration; they understand what it takes to get a mine into production. “It takes money and money and money and a little bit of luck,” he said.
Don’t bet against Casavant finding Diamonds, the man is downright lucky. If you go to Las Vegas you might just see his picture hanging in the Orleans after he won $59,000 on the slots!
The company also has interests in property near Green Lake, 180 kilometres northwest of Prince Albert. CMKX will use an outside contractor for drilling in that area so its own rig can stay in the Fort à la Corne region. Casavant said he’s happy to be at this stage. “I’ve been at this prospecting and claiming land for about 15 years now,” said the self-taught prospector. “So I’ve been chasing this for a long time, and it’s finally all going to come together.”
The company is involved with many other companies in joint ventures in the area, he said, adding it also hopes to do aerial survey work in the near future.
CMKM Diamonds (CMKX.OB) was created last year through the transformation of Cyber Mark International, and it has been quite colorful since it took up the pursuit of diamonds. The company is listed on the mighty pinks in the United States, and at last report there were billions of shares outstanding. As a result, the stock is a trader's dream with a share price that has been lingering near one-200ths of a U.S. cent, but which occasionally has spiked upwards offering the enticement of a quick triple, or better. The high recently was .0012, which was an almost 1000% gain. Casavant announced the retiring billions of its outstanding shares of late -- more than 13 billion we have been told at last count.
Some of the Casavant claims are within 10 kilometers of Shore Gold's Star kimberlite and Kensington's No. 141 pipe, both to the west and east. As well, some of the claims are within five kilometers to the west of Kensington's No. 150 and No. 122 pipes, which apparently remain priority pipes for the joint venture, and other claims appear to lie within the northwesterly trending lines of kimberlite finds in the region. As a result, a drill program on the Casavant ground could stir up some speculative notice, especially if Shore and Kensington can come up with toutable results from their key projects in the coming months. If or when CMKX hits pay dirt and finds Diamonds wont you be glad you own a few million shares or a few billion?
One of the largest known kimberlite clusters in the world!
De Beers (The largest Diamond Company in the World) in joint ventures with Kensington Resources and Shore Gold; are actively mining for Diamonds in Fort a la Corne and there has been a recent discovery of a 10 carat plus diamond. At 10.23 carats, the stone is by far the biggest to ever come out of the prairie belt project, officially kicking of the mad diamond rush.
130 of the 2000 kimberlite pipes known worldwide are macro-diamond bearing. 23 of these are located in the Fort a la Corne district of Saskatchewan.
80% of Saskatchewans' kimberlite pipes are diamondiferous.
50% contain diamonds over one millimeter in size.
A high percentage of diamonds recovered are clear, inclusion-free and exhibit good crystal form.
Pipes said to have erupted under inland sea and therefore have not been exposed to weathering or glaciation.
Pipes lie within 300 feet of surface.
Area accessible by paved all-weather road, with water and power readily available.
Studies indicate cash operating costs of $10.50 per tonne, including overburden removal.
Saskatchewan government encourages mining in the province.
Disclaimer
The purpose of this advertisement is to provide publicity for the advertised company, its products or services. This advertisement is not a solicitation or recommendation to buy, sell or hold securities and does not provide an analysis of the financial position of the company. TN is not a registered investment advisor or broker-dealer. This report is provided as an information service only, and the statements and opinions in this report should not be construed as an offer or solicitation to buy or sell any security. TN accepts no liability for any loss arising from an investor's reliance on or use of this report. An investment in CMKX is considered to be highly speculative and should not be considered unless a person can afford a complete loss of investment. An affiliate of TN has been hired by PartTime Management, Inc for the publication and circulation of this report, and received 500 million free trading shares of common stock of CMKX by PartTime Management, Inc and TN and affiliates have no other relationship to PartTime Management, Inc. TN intends to sell all or a portion of the CMKX stock at or about the time of publication of this report. Subsequently TN may buy or sell shares of CMKX stock in the open market. Since an affiliate of TN has been compensated there is an inherent conflict of interest. This report contains forward-looking statements, which involve risks, and uncertainties that may cause actual results to differ materially from those set forth in the forward-looking statements. For further details concerning these risks and uncertainties, see the SEC filings of CMKX including the company's most recent annual and quarterly reports.
Trader's Nation 20423 SR 7, Suite 490 Boca Raton, Fl. 33498
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Traders Nation, another wonderful pump factory. Read their disclaimer, they were given 500 million shares for this piece of garbage, half of which is pulled right from the CMKX website.
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quote:Originally posted by JBCak47: Money P/Pharm Update
I cleaned out my car, my room and the area around the washer and dryer and (including the $20 I found earlier in my room and adding up all spare/loose change) I have $31 at .0005 thats 62k shares hehehe...
Watch out for the CMKX 'Bum', I will be comming through your town in my Ghetto racer ( a shopping cart with three wheels) filled with cans and copper,lol...
-John-
Do you think my parents would get mad if I sold there cars?lol...
LOL, JB... with the price of gasoline, you'd probably save more from not driving than from selling your car! Just think... it's 4000-5000 shares of CMKX for what you pay for a gallon of gas! My last fill-up cost me 85,000 shares!
quote:Originally posted by WinsumLosesum: ...Ameritrade is unable to guarantee the shares that you purchased of CMKX as indicated in the previous correspondence...
D. Roger Glenn, CMKM's counsel, stated, "I will be traveling to Saskatchewan with the company's management to expand my knowledge of the company and its business in order to facilitate the company becoming fully reporting." www.casavantmining.com
...makes more sense after the latest news. I guess he WOULD be traveling to Saskatchewan.
clipped from todays P/R...
Urban Casavant, president of CMKX, stated, "We are thrilled that UCAD has begun exercising its option as this frees additional cash for our expanding operations and exploration. As we move toward our meeting in Saskatchewan next week with all parties involved, an action plan will be directed to the future for all."
[This message has been edited by highwaychild (edited July 27, 2004).]
quote:Originally posted by WinsumLosesum: Yo, pharm! Been trying to break the Allstock addiction again today?
I'm surprised no one else was troubled by that little piece of information...
It's the drugs! I'll have to stop passing them out to everyone!
Yeah, I was on for opening bell, but then paid bills and went to bed right after.... ironically, this is the first day I've made any money in a while! LOL
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Upside -I value your comments on this thread because you actually contribute DD and understand some of the negative issues. You are able to present them in a straightforward manner that makes any thinking person consider what you have to say. ------------------------------------------------------------------------------------------ Will -I have a hard time with your posts because I don't think you actually understand what is going on with this company that is good. I also think you see negatives where there aren't any.
I can understand the frustration factor with this company. If all the cards were on the table with this stock the price would be significantly higher than it is. I can easily believe .01-.10 but it may be more in the .50-.61+ range. Guess what? When we know so will everyone else and if the value of this stock is .50-.51 the price of the stock will be close to that not .00?
I am certain there is large naked short on CMKX. There may be a large number of shares out but I think we are seriously undervalued even if we had 500 Billion shares outstanding. I don't know the share count but I think we are getting value for our shares so our float may be tiny. CMKX does have some issues but I think it is pretty clear that they are addressing them. I look at your posts and bearly read the ones that call Zen an old windbag-What does that make you? A young one? I think to myself it is just Will ragging on CMKX again. You would be more credible if you had a little more substance to what you say other than ragging on the obvious. IF you wanted to provide a pro and con to CMKX that was balanced that would be great.
For example the negatives I see are: We still don't know the share count. We haven't been given the results of all the samples. We still haven't filed to be reporting. We haven't been given the results of the audit. We are back at .0005 after being up to .0011 (There may be more legitimate ones)
The positives I see are: The lawyer is working on the filings as evidenced by a correction filed July 14, 2004 with the state of Nevada. CMKX is issuing dividends and attempting to straighten out a severely naked shorted stock. This position is based on the PR's the company has issued over the last 12+ months and connecting the dots. The company is communicating with the shareholders in a timely manner. The debateable part of this is we still have less into than we want. The positives can claim that we will soon know and will benefit from the non reporting time the company went through. The company has money and then more money-the positives will say we will soon see the sources of income. The negatives say UC is dumping shares. CMKX has obviously added much value recently. Shares of UCAD and a large percentage of a new large mineral claim. We also just got a wad of cash. And there will be more IMO. The positives who believe there is a huge naked short position also believe it will soon be taken care of. One way or the other. We think we have a good legal team, law firm and head lawyer.
All in all I think the flavor on this board tips more toward the negative than the positive. That would be fine if the stock deserved it. I don't think it does. We will soon see. I don't need the satisfaction of saying I told you so if I am right. I will be too busy writing checks to gloat. If you are right 1000 kudos. 10,000 if you are right and can use DD to prove it beforehand. Not afterwards. Sorry to rag on you for ragging on CMKX but it is a little tired. If you hate the stock you don't have to hang around the company board where the investors who are happy about some good news like to talk with each other. Not trying to chase you away but why waste your time if you don't like it?
I do like to hear opposing views that can look at both sides of an issue. To just cheer or rag without supplying the reasoning via link, post, or even thoughtful supposition just wastes everyones time. I like CMKX a lot and try not to be too much of a cheerleader but I really do think this is the real deal.
For What it's worth. I like Zen's posts. He is a little out there sometimes but when the dust settles I will bet he will turn out to be more right than wrong. We should all be so lucky.
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VNG...i understand that part but it seems that ppl believe that nevada is now divided up between ucad & cmkx 60 - 40 and i read it differant as in nevada sold 60 % of the 60% they still held...so now that 500,000 acres is slpit something like 40% ucad, 40% cmkx & 20% nevada....also i know where the shares came from i'm wondering about the fact it says UC will get no ucad shares...the ucad shares will be divided up to all o/s...any shares UC owns are part of the o/s. i commented on it last night & someone else said the same today...if UC gets no ucad shares then he only held 40 billion shares also it puts the naked shares therory in a bigger question as a main point to the therory is that UC has been buying up shares over the last yr...he had that 40 billion a yr ago if i'm not mistaken..it also adds weight to the pps being as it is because of a huge o/s and mm manipulation not naked shorting...the pps should be in the .oox not .0005
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500,000,000 that's five hundred million shares given to that pump company to pump cmkx. At today's closing price of .0005, that equates to $250,000 worth of shares. Why on God's green earth would anyone surrender $250,000 worth of anything for that pump? I don't understand that...
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Winsum - I went round and round on the Naked short shares issue and wasn't going to talk about it again but because it is you I will.
Is Ameritrade just saying they can't guarantee that your shares aren't naked shorted or that they can't guarantee your shares that they sold you? I would imagine they are catching on to the fact that they can't guarantee that they are not naked shorted because they are. That doesn't mean that they are not responsible to make sure they are somehow honored. Especially if and since they are continuing to sell them. They are legally on the hook even more so for continuing to buy and sell stock that they doubt can be delivered. That is a lawsuit in the making IMO and you should probably contact CMKX and their counsel on this.
The conclusion I finally came to is regardless of what type of shares we have in our accounts they will be honored if they have safely passed their settlement dates and we will be able to sell them. The MM's, and the brokerage houses have insurance and if they fail because of BKcy the SIPC kicks in with more money to honor their obligations. So I am not losing sleep over it but am buying more. I have a small number of certificates but am not even ordering more. GLTY-IMO-DD-Debi
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wwjd...i'm all for cmkx...i belive one day it will be a huge pay day but i'm afraid you may be one of the ones that get paid and not me...you have i think 39 million shares? i have 1.2 million and i still see no proof that this is naked shorted ucad moves like it does because the o/s is very small, we move the way we do because the o/s is huge...the mm's can make good money because of the low price and huge o/s...the interest and possibilities of cmkx sells huge amounts of shares thus allowing the mm's to make money on fractional movement..could there be some naked shares? sure i'd bet on some but not enough to do much for our pps...i'm long on cmkx if i had 10 grand for investing i'd buy a huge stake in cmkx but unfortunatly the irs has its hooks in me so not much to add to my account
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Debi: I hope you're right, that your position will be vindicated. My problem with everyone that is gungho on CMKX is that they belive any concocted theory if it is favorable. Negatives are brushed under the carpet, and people that question these theories, suppositions, conjecture...on and on are lambasted and labeled bashers. I am not a basher, I just questioned from the very beginning the "Master Plan", and the "Urban genius legend", and the fact the company is/was never forthright and forthcoming. Again these ppl that have $30K+ invested in this stock hate hearing ANYTHING negative, even if it is a question that haunts them. I am glad to see you recognize there are some serious questions remaining with CMKX that you listed in your negatives. One thing I really understand is PPS.
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Bill -I think that even a small amount of CMKX shares will be a good investment. I added to my position because as I learned more and more about the company I believed the value here is much greater than .0005, or .0011. I don't know the actual value but my worst case scenario with 500 Billion shares came out to .016 per share. I don't believe the lack of price movement has anything to do with the number of shares. I don't think this stock has been allowed to trade freely. That is my opinion and is based on what I have observed over the last few months together with the PR by the company which seem valid from my perspective. I think that point of view is valid enough that I filed a complaint with the SEC as have many other investors. Some brokerage houses are aware there is a short. Schwab admitted the markets need an integrity injection not more rules. We don't know the share structure yet; so it is hard to know what the final outcome will be. But even someone with 50,000 shares would be happy if this hits .01. That would be $500 and I think their cost would be $50 at .001 and $5 at .0001. That is a great return. I think it should have hit .01 already.
I have the number of shares that I have because I am hoping to be able to give away a huge amount of money. I don't need that much money. I live in a house that my church owns. I am married to a Pastor. He used to make big bucks as an Actuary and switched careers to become a Pastor. We have food and cars and clothes so the rest is gravy. I work as a singer and am affiliated with World Vision. During my concerts I talk about the kids who need help. I try to get kids living in desperate poverty sponsored so they can have a better life. I don't think I could do that work and live like a Queen knowing that most of the kids in Africa sleep on a dirt floor and go to bed hungry every night. If they have one living parent they are blessed. AIDS is wiping out the continent. So if I had 2 million shares for myself that would be good. I do think this is what I have said all along and I see it as an opportunity to get more kids sponsored than I could otherwise. So I will be buying as long as it is on sale. It may be greedy but I think it is smart. I don't know if I can call it greed if it is motivated by love.
I hope you do well with this stock and can use it for good in your life -IMO-DD-Debi
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I'm not in this for a quick buck. I'm in it for long BUCKS.(or something) CMKX acquires more mineral rights.500,000 Did they see something they liked? Mabey. Do they have more team players?Looks like it. It could be of some help. With De B you know who in the area and all.
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My vested interest in CMKX is of little consequence. Yours may be significant based upon your finances. If you truly wish to protect yourself, get the certificates. You were told by Ameritrade, they could not guarantee anything if there is truly a naked short sales condition. That is also what I have been saying all along with reference to a considerable naked short situation. I am not sure either way if such a situation exists...yes or no, and have seen nothing to substantiate such a situation's existing. I do know as a FACT that if you get the shares in physical certificate form, that at least they will be considered valid by Ameritrade, CMKX and CMKX's Transfer Agent. Then, if there is any question as to entitlement to those shares and/or any declared and paid dividends or distributions, there will be NO QUESTION as to your ownership. I DO know what I am talking about!
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naked shorts=theft. Maybe grand theft, I'm no lawer. But I do know,nobody(mm's) wants there a$$ in a sling. If they don't cover and want to go to jail, then I guess that's where I think there naked butts will go.
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wwjd...i think what your doing is great...from re-reading my last post i see i forgot to add why i think my 1.2 will end up a profit but not much or lets say not a grand slam...the only way this pps hits it big is a r/s...yes i think the pps is manipulated by the mm's. i think they sell & or buy to keep it where it is and because of a huge o/s its easy to do. at some point in the future my 1.2 million will end up 120 or 1200 but unless i see something very differant from what i've seen i will be holding 1.2 mil on the r/s day and who knows by the time UC is done wheelin & dealin i might also own shares in 3 or 4 other companies
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What about a consolidation with 3or 4 other companies Mr. positive. Alot of ways pps could move.Good or bad. Right now to me it looks like we are moving forward,and that's a good direction.
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I suspected Urban's fingerprints all over UCAD after that first lease deal, it was a sweetheart of a deal.
quote:Originally posted by highwaychild: What about a consolidation with 3or 4 other companies Mr. positive. Alot of ways pps could move.Good or bad. Right now to me it looks like we are moving forward,and that's a good direction.
[This message has been edited by will (edited July 27, 2004).]
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The only place I see us headed right now is into a massive state of confusion. Look at what's transpired in the last few days:
UCAD buys 5% of CMKXs claims for 7.5 million shares, CMKX says they will issue those shares to the shareholders as a dividend, CMKX invests 1 million in CIM for a 10% lifetime royalty on all of their claims plus 40 billion shares of their stock, which doesn't exist at this time, CMKX says it will issue these 40 billion non-existant shares to shareholders as a dividend, CMKX buys a 60% interest in Nevada Minings claims (which are also part owned by UCAD) for 75 billion shares of restricted stock 40 billion of which are Mr. Casavants and 35 billion are "new" shares, UCAD invests an additional 3 million for an additional 2% of the 10% of CMKXs claims. The CMKX funny car loses another few races.
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Trying to do some research on UCAD and the Urban ties. U = Urban Casavant C = Carolyn Casavant (his wife) A = ** not sure is this the first initial of his daughter or another partner D = David Desormeau a name mentioned in many of Urban's other business dealings Just a huntch, mere speculation, but could it be !!!!!!!!!!!!
------------------ "If We Agree To Disagree, Then We Can Remain friends"
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I remember seeing somewhere that both Urban's daughter and son joined the company after they graduated from university, maybe in 2003 or so. Maybe someone can research the company filings to try to locate other principals who have the first initial of "A" or "D" to try to put this theory together
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And one more thing. What is the relationship of Nevada Minerals to CMKX, UCAD or any of the other partners of CMKX -- or to any of the major shareholders of each.
[This message has been edited by Wallace#1 (edited July 27, 2004).]
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