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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » CMKX IV New Thread....GOT IT - HOLDIN' IT (Page 44)

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Author Topic: CMKX IV New Thread....GOT IT - HOLDIN' IT
GatorMan
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OK, so a network of mining companies is being put together. WHEN ARE ANY OF THEM GOING TO START MINING???? Where's the revenue?

------------------
~,-,-< GatorMan


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Money_Penny
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quote:
Originally posted by WinsumLosesum:
[B]Time to update that chart again. Man, I can't wait to see the movie about this...

Too much content already for a two hour movie. Remember Dynasty???


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skippy
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Can someone list hte ticker symbol for Shore Gold
Thanks

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TradingWizard
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CMKM Diamonds Inc. Purchases 25% of Juina Mining
via COMTEX

July 29, 2004

LAS VEGAS, Jul 29, 2004 (BUSINESS WIRE) --

CMKM Diamonds Inc. (Pink Sheets: CMKX) announced today that it has purchased common stock equating to 25% of the outstanding shares of Juina Mining Corp. (Pink Sheets: GEMM) for $500,000.

In addition, GEMM has issued an option to CMKX to purchase shares equivalent to an additional 24% of the outstanding shares in GEMM for an additional $500,000.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements, other than the statements of historical facts, may be deemed to contain forward-looking statements with respect to events, the occurrence of which involves risks and uncertainties, including, without limitation, demand and competition for the company's products and services, the availability to the company of adequate financing to support its anticipated activities, the ability of the company to generate cash flow from operations and the ability of the company to manage its operations.

Further developments and other information on the company may be viewed at our Web site, http://www.casavantmining.com.

SOURCE: CMKM Diamonds Inc.

CMKM Diamonds Inc. Melvin O'Neil, 306-752-3755 877-752-3755 Fax: 306-752-3754 ipr@sasktel.net

Customize your Business Wire news & multimedia to match your needs. Get breaking news from companies and organizations worldwide. Logon for FREE today at www.BusinessWire.com.

Copyright (C) 2004 Business Wire. All rights reserved.


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WinsumLosesum
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IS ANYBODY BUYING GEMM RIGHT NOW???

Sorry, I mean...

Excuse me, but I was wondering if any of you were considering buying GEMM at the present moment. Thank you so much.

[This message has been edited by WinsumLosesum (edited July 29, 2004).]


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TradingWizard
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I think we need a map who owns who and owns what....I am getting lost slowly.
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TradingWizard
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Juina Mining Corp. Receives $500,000 USD Funding
via COMTEX

July 29, 2004

LAS VEGAS, Jul 29, 2004 (BUSINESS WIRE) --

Juina Mining Corp. (Pink Sheets: GEMM) announced today that it has received financing in the amount of $500,000 USD through the sale of common stock to CMKM Diamonds Inc. (Pink Sheets: CMKX). This sale gives CMKX ownership of approximately 25% of GEMM.

In addition, GEMM has issued an option to CMKX to purchase shares equivalent to an additional 24% of the outstanding shares in GEMM for an additional $500,000 USD. GEMM is currently a subsidiary of U.S. Canadian Minerals Inc. (OTCBB: UCAD).

Further details relative to this project will be forthcoming in future press releases and at http://www.juinamining.com/, http://www.uscanadian.com/.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:

Statements contained in this document which are not historical fact are forward-looking statements based upon management's current expectations that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements.

SOURCE: Juina Mining Corp.

U.S. Canadian Minerals Inc. Chris Hanneman, 303-220-8476

Customize your Business Wire news & multimedia to match your needs. Get breaking news from companies and organizations worldwide. Logon for FREE today at www.BusinessWire.com.

Copyright (C) 2004 Business Wire. All rights reserved.


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Brad
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quote:
Originally posted by TradingWizard:
I think we need a map who owns who and owns what....I am getting lost slowly.

There's already one out. Look back at some of the earlier posts. It's there.


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TradingWizard
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quote:
Originally posted by Brad:
There's already one out. Look back at some of the earlier posts. It's there.

Yes I saw it, thanks, I guess we need updates now. 2 prs in 11 minutes - at least that is what I got.

I reposted one by accident, sorry guys.

[This message has been edited by TradingWizard (edited July 29, 2004).]


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Money_Penny
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quote:
Originally posted by TradingWizard:
Yes I saw it, thanks, I guess we need updates now. 2 prs in 3 minutes.

Looks like it's already updated.
http://img.photobucket.com/albums/v400/dragonheartt/flowchart.gif

[This message has been edited by Money_Penny (edited July 29, 2004).]


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WinsumLosesum
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TW-

My Streamer's faster than your Streamer.

Nyah, nyah...


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TradingWizard
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Thanks guys a lot

And I just got my self a super fast computer - must be all the antivirus protection that my husband put it on ha ha but the cool thing is that with my new monitor software all the anoying pop ups disappear in seconds...cool


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HarryHar
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I see CMKX owning 25% of Juina Gemm and UCAD owning 80% of Juina Gemm for a total of 105%.

So what do you guys all think about this intertwining? Looks like one big orgy going on!


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WWJD-thru-me
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Gator Man - There is some mining going on with the JV companies holdings. More tracking needing to be done. This is going to be impossible to hold back by the dividend dates IMO.


Company Profile:

Juina Mining Corporation (GEMM), a Nevada corporation, has a 49% interest in a joint venture partnership with Emerging Africa Gold, Inc. (EAG) in the Brazilian Company Juina Mining Mineracao, Ltda. JMML holds an 86% working interest in the mining and mineral rights to approximately 1000 hectares (2,471 acres) of diamond bearing land in the District of Juina, Mato Grosso, Brazil "The Property 1000". Property 1000 is located in the District of Juina, at the southern region of the Amazon Basin.

Juina is located approximately 550 km (342 miles) north of the city of Cuiaba by air charter or 724 km (450 miles) by road. With a population of about one million, Cuiaba is a major urban center in southern Mato Grosso, and is serviced with regular flights from Sao Paulo and Brasilia. Rio de Janeiro is about 1800 km (1,119 miles) southeast of Juina. The Property is located within the Aripuana - Juina Kimberlite Province, the largest diamond producing area in Brazil.

Kimberlites are the principal source of primary diamond deposits, and an occurrence of Kimberlite is shown on government geology maps to be in the vicinity of the boundary of Property 1000. Substantial alluvial diamond deposits have been identified by De Beers and others in the Juina region.

Several active diamond recovery facilities are operating in the area, mainly placer and river dredging operations. The operations range in size and scope from small groups engaged in recreational type mining to large mining companies with fullscale operations.

Diamonds in the Juina district fall into two categories; 1) Industrial to near gem quality diamonds ranging from US $20 per carat to US $200 per carat; 2) Larger gems, top white and fancy colored diamonds ranging from US $300 to thousands of dollars per carat.

De Beers initially organized exploration in the Juina area in 1978 through their Brazilian company, Mineracao Itapena S.A. ("Itapena") which held most, if not all, of the Juina District mining rights. By 1982, Itapena identified three main areas of interest, reduced their vast landholdings, and began detailed evaluations of these areas. The Property 1000 was one of the three claims targeted by De Beers.

By 1984, Itapena had partially covered one of their nearby targeted properties with detailed gravel mapping, trenching and bulk sampling. Initial limited sampling by Itapena, indicated a "measured reserve" of approximately one million carats of alluvial diamonds on this property.

Itapena also calculated an additional 3/4 of a million carats of diamonds as "indicated and inferred reserves." Limited sampling in 1996 in their nearby property not intensely explored or sampled by Itapena indicated virgin gravel and a much higher grade of terrace gravel not included in their original "inferred reserves" calculations. These areas of virgin gravel will increase substantially the inferred reserves. The recovery techniques used by Itapena produced inefficiencies of between 30-40% over techniques to be used by Juina Mining.

Numerous large and valuable diamonds have been recovered from either the Property 912 or from the immediate vicinity during the last 10 years and include: diamonds as large as 452 carats, recovered in 1994; 312 and 280 carats, recovered in 1996 and 1987 respectively: and another stone of 252 carats recovered in 1992.

Since 1997 Juina Mining Corporation has been involved in an on-going exploration of the "Property 1000". An auger drilling program conducted in 1998 through 1999 outlined a potential gravel resource of 1,000,000 cubic meters which representing only 20% of the "Property 1000". Simultaneously a geomagnetic survey was conducted identifying four anomalies with kimberlite like type profiles. In 1999 Juina Mining Corporation constructed a gravitational processing pilot plant incorporating the use of magnetic separators and laser sortex recovery equipment. 3,000 carats of diamonds were recovered during the initial testing stages of the pilot plant. In 2000 management made the decision to enter into a joint venture partnership to further develop the "Property 1000." In October of 2000, Juina Mining executed a Joint Venture Agreement with Emerging African Gold.


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TradingWizard
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quote:
Originally posted by HarryHar:
I see CMKX owning 25% of Juina Gemm and UCAD owning 80% of Juina Gemm for a total of 105%.

So what do you guys all think about this intertwining? Looks like one big orgy going on!


Well then Juina under exists by 5%



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WWJD-thru-me
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This is quite the incestuous lot of companies. Very hard to untangle with many intertwined percentages. Roger Glenn will be earning his money on this one. This is exactly what UC described doing in a PR from about a year ago. With 7 companies. Each owning a little of each other and creating a force to reckon with. Takeover targeting CMKX will cause rashes and headaches. Naked Shorting will cause your shorts to get so twisted you will rue the day. That last part is IMO. The first was in PR's and recently posted here I think. Maybe last 5 pages or so.

I should know this but what is the shortcut to finding info on Allstocks from previous posts?

John-JB-hope you still can get your 4 Million. My brother in law is out of the country and I had his secretart wire funds to buy 10-12 million shares yesterday and the wire got goofed up and it won't be in til tomorrow. That kept me busy all morning and gave me a headache. Hopefully they can get 10 million more at least. They have about 2.

GLTA-DD-IMO-Debi


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WinsumLosesum
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Debi

"Search" link at top of the page.


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HarryHar
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WWJD

Wiring money is the fastest, am I mistaken? How much does this cost? How can I go about doing it the cheapest/fastest way possible? Or anyone who's done this? THanks!

HH


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Brad
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quote:
Originally posted by HarryHar:

So what do you guys all think about this intertwining? Looks like one big orgy going on!

You crack me up Harry.


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WWJD-thru-me
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Money Penny-good post on the large diamond finds by our neighbors. Can't wait till we see those reports with our company name on it.

The address change didn't mean too much to me but I am wondering if there is a super Saskatchewan Diamonds coming into existence with an office in an undisclosed as yet location. Next week is the meeting and we have gotten all these little PR's. Can't wait for the whole enchilada. Yo pareso muy buenissimo, or Muinto Bane, Tres Bien, Bodzo Dubja or however you want to $ay it.
GLTA-DD-IMO-Debi


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WinsumLosesum
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OK, I look at this chart to see what CMKM owns, right?

What if we look at this chart, and ask ourselves, "Wow, look how much UCAD owns?!" Hmmmm....

Isn't diversion a standard tactic for magicians? I wonder if this whole story is about UCAD, after all.

Does anyone else think that this time next year, we will be the proud owners of U.S. Canadian Minerals Inc.?

I like the sound of that.

quote:
Originally posted by Money_Penny:
Looks like it's already updated.
http://img.photobucket.com/albums/v400/dragonheartt/flowchart.gif
]


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Brad
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quote:
Originally posted by HarryHar:
WWJD

Wiring money is the fastest, am I mistaken? How much does this cost? How can I go about doing it the cheapest/fastest way possible? Or anyone who's done this? THanks!

HH


I did it through my bank. Cost me $15 and the funds were available for trading almost immediately. Like minutes.


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WWJD-thru-me
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Winsum -I think that is in the realm of possibility but another entity altogether might be created. I am glad we have Roger Glenn on this. He is the man at putting together companies and financing. UC is the Donald Trump of the Mineral Rights crowd.

Harry -Wiring in is usually about $15-$25 depending on your bank or credit union. The account names sending and receiving have to match identically or it will be rejected. If you wire now it may be tradeable in the AM. Sometimes it takes 1/2 day to be available. Depends on when your bank sends out the wires.

Gator Man - here is a post that DaDog put up regarding Juina on another thread: Shows the mining is ongoing and the money should be flowing.

2004-07-20 05:30:06

Juina Mining Corporation Receives Its First Processed Gold from Yellow River Gold Mine


***

Business Editors LAS VEGAS--(BUSINESS WIRE)--GEMM-- Juina Mining Corporation (Pink Sheets:GEMM) announced today that the Company has received in its office in Las Vegas, its first processed gold from the Yellow River Gold Mine. Juina will continue to process at Yellow River and update and expand its current facilities. Juina Mining Corporation, a Nevada corporation, has a 49% interest in a joint venture partnership with DIAGEM International Resource Corp. (DGM) in the Brazilian company Juina Mining Mineracao, Ltd. (JMML) JMML holds an 86% working interest in the mining and mineral rights to approximately 1000 hectares (2,471 acres) of diamond bearing land in the District of Juina, Mato Grosso, Brazil -- the "Property 1000." Property 1000 is located in the District of Juina, at the southern region of the Amazon Basin. Further details relative to this project, and other potential upcoming projects, will be forthcoming in future press releases and at http://www.juinamining.com/. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Statements contained in this document which are not historical fact are forward-looking statements based upon management's current expectations that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. KEYWORD: NEVADA INDUSTRY KEYWORD: MINING/METALS SOURCE: Juina Mining Corporation CONTACT INFORMATION: Juina Mining Corporation Chris Hanneman, 303-220-8476

------------------
Due Da Due......But Be Quick About It!!!!!


DaDog


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rde3
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GEMM was as high as .25 in late April....

Do the Due


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rde3
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GEMM is inching up !!!!
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GatorMan
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quote:
Originally posted by WWJD-thru-me:
Winsum -I think that is in the realm of possibility but another entity altogether might be created. I am glad we have Roger Glenn on this. He is the man at putting together companies and financing. UC is the Donald Trump of the Mineral Rights crowd.

Harry -Wiring in is usually about $15-$25 depending on your bank or credit union. The account names sending and receiving have to match identically or it will be rejected. If you wire now it may be tradeable in the AM. Sometimes it takes 1/2 day to be available. Depends on when your bank sends out the wires.

Gator Man - here is a post that DaDog put up regarding Juina on another thread: Shows the mining is ongoing and the money should be flowing.

2004-07-20 05:30:06

Juina Mining Corporation Receives Its First Processed Gold from Yellow River Gold Mine



Thanks. I spoke in haste. It just seems to me CMKX is making a lot of deals and I'm just wondering when they will get down the the buisiness of mining diamonds.

And, cynic that I am, I note the above PR doesn't state how MUCH gold was delivered. It could be 5 ounces for all we know.

Sorry, I like hard numbers. Total ounces in this case. In the case of ownership not % but how many shares out of how many autorized. Like an earlier post said it looks like 105% of Juina Mining is owned by someone and we can buy another 24%! That 80% was probably diluted though.

------------------
~,-,-< GatorMan


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VNGNTN1
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SOME of you may be realizing that we may need to be "PICKING" the correct company!
My project is to map (TW request) where value is flowing. One problem : I have a job out of town till 8/15.
VAN

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WWJD-thru-me
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Here is a breakdown of UCAD's share structure. Found on another board. Looks good to me. -Debi


UCAD's OS is 26,000,000 as of yesterday. I spoke with their IR rep and got the following breakdown

7,770,000 baseline as of May 04
720,000 El Capitan acquisition (restricted)
7,500,000 CMKX dividend (restricted)
10,000,000 Nevada Minerals (100k pref'd conv to 10mm comm)
----------------
26,000,000 OS fully diluted
===========

AS = 100,000,000
float = 700,000 approx.

Gerbs
---------------------------------------------
Bob some of the posts from **you*know**where* the link that get blotted out have very good DD but will not copy at all. I use the edit feature and and copy but when pasting nothing happens. It has something to do with their site. So hopefully on the important ones the link can go thru. I am not trying to advertise the other site but trying to bring some great DD here. Thanks -Debi


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TradingWizard
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quote:
Originally posted by VNGNTN1:
SOME of you may be realizing that we may need to be "PICKING" the correct company!
My project is to map (TW request) where value is flowing. One problem : I have a job out of town till 8/15.
VAN

You will do that for me!
(just kidding)
Good luck with your job. Hope its as much fun as we have on this board.

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


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rde3
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Look Out !!! 0.0005 !!!!

Go CMKX !!!!!


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Money_Penny
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JEFF is at 0.0005. Is he giving in to the pressure???
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JBCak47
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My money is in the mail, It should be available Monday, tuesday the latest...

No wire for me, it's thirty effin dollars!! Yikes, 3.95 for priority mail!

WWJD! Thanks for the pick me up, good luck on those 10 million shares! I wish I had 10% of that!lol...

Well guys lets see what happens, My money is gone into the system and I have to catch a train in 9 mins! Later guys! Talk to you in like two hours...

-John-


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GatorMan
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Somebody can check my math, but I think that Juina Mining will need to issue more stock equivilant to 33% of their current outstanding to bring CMKX up to a 25% share. This will lower UCAD's percentage to around 60%.

Anyone know how many shares GEMM currently has outstanding (before the CMKX purchase)? It would really be nice if these numbers were in shares of stock and we knew the outstatnding.

------------------
~,-,-< GatorMan


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lilmama
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do you think she will break .0005 anytime soon. It seems like forever since we have seen anything above this.
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Brad
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quote:
Originally posted by lilmama:
do you think she will break .0005 anytime soon. It seems like forever since we have seen anything above this.

If you consider less than a month soon, then the answer is yes. I think it will break .0005 and then some.


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