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TP As I read the PR the dividend goes to EPCN not UCAD. UCAD is earning thier 50% by stripping the residue out of tailings, but look at that Platium number 1.8m ton *.3=540000oz @ 800=aprx $500m. This is a key piece for CMKX to have a refining capacity when they start mining. VAN
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Hi All, I don't have much access up here so I will probably just post this and maybe get to check back later. My take is that there is a meeting in Las Vegas this week with other mining companies. Additional sales of some of our claims may add value to the dividend that we will ultimately receive. The MM's know they need to cover and they will need to move the price around to get as many shares as they can. They can bring it up, down, and repeat many times. By trading that way may be able to cover quite a bit of their short. We will see. I am buying more and plan to trade some, but I now want to end up with more than 35 million shares when the dust settles. I hope everyone does well. I don't think the dividend we will ultimately get is a small fraction of a penny and a mini slice of the UCAD pie. This is just my opinion but I am basing it on how I have read this stock for the last 2 months and I think I am reading it AOK. DD-GLTA-IMO-God Bless-Debi
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Good morning everyone, glad to see Debi has limited access, I was worried about her not seeing what was happening. Well questions are about to be answered. Will the MM's let it run, or suppress it? Only time will tell. This is the start of what we've been waiting for. Are you strong enough to hold on for the entire ride? Sort of feels like a roller coaster and we're chugging up the incline about to go over the peak. HOLD ON
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Someone inquired about the MMs having insurance. I believe it is mandatory. Only problem I see is that if they did naked short sell CMKX, it is illegal. I expect that an insurance company would fight anything that is illegal. I do not know how that might affect shareholders or whether they might still be covered.
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2 bil in first 15 minutes. Holding pretty steady at .0005, occasionally a few 4's getting through. One lucky stiff got 9 million at .0001 ?????????????? figure that one out.
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I had earlier mentioned that they did not specify an x-dividend date...maybe they are using the record date (Aug 20) as the x-date. Unless they come out with an x-date some time which is later than the Record Date, holders of record up to and including the Record Date will be entitled to the dividend. Bear in mind that they have not specified a Payment/Distribution Date.
OTCPro.com announces its list of stocks to watch! These stocks are looking to move!
OTCPro.com adds US Canadian Minerals Inc (OTC BB: UCAD) to its Stock Pick List. UCAD is new to OTCPro, and just announced great news! US Canadian Minerals Inc is a multi-dimensional, mineral-based corporation headquartered in Las Vegas, Nevada. Watch this stock; it could break out on the upside in the near term! Other stocks looking to move are:
CMKM Diamonds, Inc. (OTC: CMKX) is pleased to have reached a purchase agreement with U.S. Canadian Minerals, Inc. (OTC BB: UCAD) to which U.S. Canadian Minerals Inc. will be purchasing 5% of all mineral claims held by CMKM Diamonds, Inc. in exchange for 7.5 million shares of UCAD. CMKM Diamonds, Inc. will later issue these shares to all shareholders of record on August 20, 2004.
Invisa Inc (OTC BB: INSA). Invisa, Inc. manufactures and licenses a line of advanced electronic sensors incorporating the Company's patented presence-sensing design, InvisaShield, for Homeland Security and Safety applications. Invisa is well-positioned to grow its top-line and increase its market penetration. OTCPro has put a $2.75 share price on INSA. OTCPro.com further states that they believe this strike price will be reached within 7 trading days.
As the price of crude and oil service ETFs went higher, broad market ETFs moved lower, especially the tech-heavy Nasdaq 100 Trust (AMEX: QQQ), which closed the week down 2.5%.
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OTCP, because it relies on information supplied by various third parties disclaims any responsibility for the accuracy of such information. Any investor considering making an investment in any security which has been the subject of an OTCP analysis or opinion should, before making any such investment, consult with his/her market professional and/or do his/her own independent research regarding the company which is the subject of an OTCP opinion, recommendation or analysis. Information regarding companies which OTCP has opined upon is normally available from many sources including the subject company's filings with the SEC and various press releases issued by the company.
You should be aware that OTCP is often compensated for issuing analyses, recommendations or opinions concerning particular companies. Its opinion is therefore not unbiased and you should consider this factor when evaluating OTCP's statements regarding a company. OTCP's compensation for INSA is as follows 30,000 free trading shares from GM Capital and 50,000 free trading shares of UCAD by IB2000. OTCP's officers and directors reserve the right to buy additional shares of the company discussed in this opinion and may profit in the event those shares rise in value. When OTCP receives free trading shares as compensation for a profiled company, OTCP may sell part or all of any such shares during the period in which OTCP is performing such services.
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something screwy going on here guys. I have had buy in at the ask .0004 and they are not fiLLing it. Whats up with that
JUST AS I THOUGHT AMERITRADE IS ON SOME BULLSHYT. I called and what did they tell me. "we are only routing trade for this security to NITE". Man are they trying to screw us or what. I said well why would you do that when there were other MM's at cheaper prices and you as my borker is suppose to get me the best price. He tell me that they had to do it for this stock. Does that smell fishy or what. I tell you, looks like thay are all working to gething to help each other.
Melvin said to call him and let him know if anyone gets fill order problems and the brokerage tells them why.. 877-752-3755 Melvin O'Neil, Phone: 306-752-3755 . He will forward the info on to Urban and the lawyers, if he does not answer leave a msg with you name and number
I had earlier mentioned that they did not specify an x-dividend date...maybe they are using the record date (Aug 20) as the x-date. Unless they come out with an x-date some time which is later than the Record Date, holders of record up to and including the Record Date will be entitled to the dividend. Bear in mind that they have not specified a Payment/Distribution Date.
The e-dividend date is generally 3 days before the record date.
Also, consider this. If the O/S of CMKX is 7.5B as many believe and 7.5M shares of UCAD are being distributed then the ratio should be 1:1000. Also, I wouldn't count on the price of UCAD being uneffected. If UCAD has 7.7m shares out and the dividend adds 7.5M then the price should drop by about half. That is, assuming the value of the deal to UCAD is already reflected in the stock price, which I think it will.
I hope this deal goes through. I just got screwed by a proposed dividend that got cancelled at the last minute with GMDP.
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