quote:Originally posted by Upside: One thing that bothers me is that I seem to have a knack for picking scams. Not saying this is one but, anyone here old enough to remember ZZZZ Best? I was in that one. How about Centennial Tecnologies? I was in that one too. Profited greatly from both (although I put a big chunk of our daughters retirement money into Centennial and lost it all) but I'm hoping this one is the real deal because being involved in a scam can be nerve racking, especially when the truth comes to light. Don't really need to go through it all again.
Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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posted
I have not seen Paul around. And whatever happen to vado, I had some interesting conversation with him once, obviously meaningless.
Posts: 1021 | From: Canada | Registered: Feb 2004
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quote:Upside, does this mean you're going to become one of us "pumpers"? LOL
If something good happens, sure, I'll switch allegiances at the drop of a hat. I'll even take a trip to visit Melvin and apologize to him for saying he looks like a goblin. But for now, the dark side is still strong in this one, it's the smart side that appears to be weak.
posted
Will - I agree the outstanding share count is definitely important. The results of all the samples mega important. What I think is going to happen is worth nada if they don't have value. Value can come from diamonds or other valuable minerals, it can come from sales of claims, It can come from ownership in various other mining companies and reaping the benefits of their mines. CMKX definitely has to deliver the goods. They have to become fully reporting. With Roger Glenn on board and the flurry of activity it is easy to believe this is coming together.
Upside - I have been scammed before but I think I have learned a lot. This is almost the reverse of a scam. Usually a stock with this much noise would have already run up to a dollar or more and then tank down to .0342 or less. This one hasn't really run. Sitting there day after day at .0004 or .0005 isn't that inspiring. They went out and hired a lawyer which is an odd way to get a scam hopping. If it is is one I have never seen before.
Good night all. GL_DD_IMO-Debi
Posts: 1188 | From: Clinton, MA 01510 | Registered: Jan 2004
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posted
Another important question you bring up, "become fully reporting". So we have three major issues needing resolution, O/S, Samples, Reporting.
quote:Originally posted by WWJD-thru-me: Will - I agree the outstanding share count is definitely important. The results of all the samples mega important. What I think is going to happen is worth nada if they don't have value. Value can come from diamonds or other valuable minerals, it can come from sales of claims, It can come from ownership in various other mining companies and reaping the benefits of their mines. CMKX definitely has to deliver the goods. They have to become fully reporting. With Roger Glenn on board and the flurry of activity it is easy to believe this is coming together.
Upside - I have been scammed before but I think I have learned a lot. This is almost the reverse of a scam. Usually a stock with this much noise would have already run up to a dollar or more and then tank down to .0342 or less. This one hasn't really run. Sitting there day after day at .0004 or .0005 isn't that inspiring. They went out and hired a lawyer which is an odd way to get a scam hopping. If it is is one I have never seen before.
Good night all. GL_DD_IMO-Debi
Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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You will need to hit the "zoom?" button on yor screen to make i tlook good. It is a BIG JPG. There is an ORANGE button that shows up on your screen from the browser. Click on it to make the pic look better.
posted
will i agree,fully reporting gives us more credibility.personally i think reporting brings in bigger/better investors. ibelieve i saw in a previous pr d.roger glenn was traveling to the next meeting in canada to become more aquainted with the mining process,something about understanding more about mining would help him to complete the reporting process. all three issues answered and we just might have a major move in pps. i enjoy your post you have a knack for seeing the bits and pieces that a lot of us miss. good work........rivercity
posted
I don't know if any of you noticed, but everyone remember Shore Gold finding those diamonds and then releasing the PR on it? Well did anyone look at where Shore Gold's land is and where CMKX land is? Shore Gold in like stuck in the middle of us, surely if they found diamonds we will find diamonds... O course we will have to wait for CMKX to get in gear and start drilling, but if any of you didn't see the chart, here it is again. http://www.investorshub.com/boards/read_msg.asp?message_id=3667111Posts: 42 | From: Van Buren,AR US | Registered: Jun 2004
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quote:Originally posted by TeenageTrader: I don't know if any of you noticed, but everyone remember Shore Gold finding those diamonds and then releasing the PR on it? Well did anyone look at where Shore Gold's land is and where CMKX land is? Shore Gold in like stuck in the middle of us, surely if they found diamonds we will find diamonds... O course we will have to wait for CMKX to get in gear and start drilling, but if any of you didn't see the chart, here it is again. http://www.investorshub.com/boards/read_msg.asp?message_id=3667111
Thanks Teenage but yes, this was posted and discussed earlier in the day. And yes, most everyone thinks it can be significant for us given the proximity. Lot's of good discussion took place today when this information came out. Take a look at the earlier posts from the day.
Can I suggest a Toga Party? I've been to Vegas growing up as a kid from ages ten until now even! However what are the top three hotels in Las Vegas? I've stayed at like 3 star stuff maybe even a 4 star but what are the TOP hotels? Thanks if anyone knows from experince
I agree totally with what you hate about CMKX... I want more shares! Grrrrr!!!! lol... Now from us owning into these other companies, their PR's affect us, vice versa, I love it!
This has been such an interesting time, almost two months now since I first invested into CMKX Diamonds! Good night Pharm, Money P, and all others...
Thanks also for the link to what we and Debeers own... That was really interesting. You know I got a fax today, oddly enough at where I work, it was about investing in a Gold Mining Company... I want to say African, not 100% sure. Symbol is RIRI. At .19 Cents a share?!?! I have no clue at all to this lead, it is simply that guys... Do your DD... I haven't bought into this stock, only got a fax about it. (and committ a lewd act like diverting CMKX funds? NEVER!)
Hey if this pays off maybe we can really get into mining companies. I mean I already own CMKX, I will be owning as per the PR, UCAD shares as well as CIM shares. Three different companied. Now also GEMM/Juian Minning (is that right? I am half asleep?!) Is in the picture as well as others. You know if Cmkx hits that many of these other companies will get in influx of OUR cash into there own. Espically if some of these mining companies, Like UCAD with a relitively low A/S,O/S can go much higer, in my opinion, than seven dollars or so, provided they prove minerals... =============================================
-John- Sweet dreams everyone...
Posts: 759 | From: Long Island, NY | Registered: Dec 2003
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Maybe we should all call a transfer agent,so we can verify that an electronic entry into a trading account is enough to garanty you are the owner of your shares.
but i`m suspecting there is team of at least 2 PEOPLE on THIS BOARD that are working together . These 2 people seem be WORKING TOGETHER with
the MARKET MAKERS to COVER the NAKED SHARES
that THEY SOLD US
OR DOES somebody know of any ANY CASE WHERE SOMEBODY OWNED NAKED SHARES IN THEIR TRADING ACCOUNT????????
P.S.: NAKED SHORTING happens in many penny stocks since the late nineties
posted
Well, the mega-merger seems to all be coming together. I want to give you a few predictions that will happen in the near future as press releases come out.
1. We will dish out the 500,000 to purchase the remaining 24% of Juina. (I am almost positive on this one.) 2. We will purchase though cash or stock swap the remaining 20% of Yellow River. 3. We will purchase though cash or stock swap the remaining 20% of COD Mine.
According to the last Press Release, we have an 'option' to purchase the additional 24% of Juine for $500,000. The thing that seems odd about this is that we just got done purchasing 25% for $500,000 and will pay the SAME PRICE for 24% more. This, to me, makes it obvious that it was all prearranged that way.
Now, follow me here. When we get done purchasing Juina, UCAD and CMKX will together own quite a few companies. Let me break this down:
Juina- 51% owned by UCAD, 49% owned by CMKX after option of purchase is placed. Nevada Magnetics- 100% owned by UCAD Yellow River- 80% owned by UCAD COD Mine- 80% owned by UCAD Nevada Minerals- 40% owned by UCAD, 60% owned by CMKX. CIM- CMKX has 10% royalties on minerals.
It appears pretty obvious that there is going to be a merger between CMKX and UCAD. This will mean:
Juina, Nevada Magnetics, Nevada Minerals, UCAD and CMKX will become ONE MEGA-MINING CORPORATION.
You can possibly add in there Yellow River and COD Mine as well if CMKX or UCAD gets 20% ownership of those claims.
Why is CMKX the one that spearheaded this MEGA-MERGER? There are a few reasons that come to mind.
1. CMKX has apparently GOOD financial backing to afford to do this. 2. CMKX has the majority of the land claims. At 1.5 million acres, they have the vast majority of claims in the region. 3. CMKX paid for the expensive arial surveys. These were not cheap and were definitely 7 figures to do. Millions of dollars to accomplish. Thus, they know exactly where the best places to pool resources to get maximum profits. 4. CMKX has hired one of the best corporate lawyers (D. Roger Glenn) in the country to do this. 5. CMKX has a genius via Urban Casavant as CEO.
These small companies are not stupid. Why limp along mining for years and years to come? Why not ride the gravy train by pooling resources and joining forces? United we stand, Divided we fall.
One more thing. Don't expect to get the share structure announced until after the MEGA-MERGER is accomplished. Why? Well, think about it. The share structure will then be announced as ONE UNIFIED COMPANY.
posted
This letter is in regards to shares in your brokerage account being "loaned" out for shorting if you have a margin account. This is a letter someone from another board received and the way I read it is that even if you have a margin account, as long as you don't hold a debit balance and your security is not a marginable security, your shares wouldn't be loaned out for shorting purposes. I think people need to distinguish between this issue and whether your shares were being sold to you illegally by the MM's by naked shorting. Two different issues.
Issue 1 - You may have purchased shares of CMKX that were illegally naked shorted by the MM's. Regardless, your shares you now own are just as real as the next guy's and the MM's will have to make good on it eventually.
Issue 2 - Can your shares in your account be shorted (or loaned out) for trading purposes which is legal. The way I read the letter the answer is no, regardless of your account type since CMKX is not a marginable security. Read the letter and you decide.
--------------------------------------------
Dear ------------------------:
Thank you for contacting us today concerning CMKX.
At this time, CMKX trades as a ?Pink Sheet.? Ameritrade does accept orders for securities Pink Sheet, and other Non-listed securities, sometimes referred to as Over the Counter Bulletin Board (OTCBB) securities. Because investing in OTCBB securities can be risky, please review "Ameritrade's OTCBB Securities Trading Rules" carefully to determine if this is an appropriate strategy for your investment goals, financial resources, risk tolerance and experience. To find the OTCBB rules log on to your account to access our help center and click ?Bulletin Board Stock Trading Restrictions.?
Only shares held in a margin account with a debit balance can be loaned (to short sell) or to secure a loan. Since CMKX is not a marginable stock, shares may not be loaned to short sell regardless of the account type. This also means that you cannot sell CMKX short in your account.
If you place an order to be executed, Ameritrade will send your order to a market maker for execution. Because OTCBB orders are a manual process, the market information for these securities cannot be guaranteed. OTCBB securities are also frequent targets for fraud or market manipulation. Not only because of their generally low price, but also because the reporting requirements for these securities are less stringent than for listed or NASDAQ® securities. You should carefully review all of the information regarding any company you want to invest in, prior to making a trade. Please report any suspected occurrences of fraud to your state securities administrator, the NASD or the SEC.
Recently, CMKX announced a distribution of shares to qualified shareholders. Generally, qualified shareholders are entitled to the distributed shares if they are holding a position at the market open on the ex-dividend date, or have a settled position on the record date if not quoted ?ex? by the NASD. At this time, we don?t have any further details on the distribution from the transfer agent.
Shares in your Ameritrade® account are held electronically with The Depository Trust Company (DTC) or are registered to Ameritrade directly as custodian For Benefit Of (FBO) your account. This is common industry practice known as "Street Name." Shares held in street name may be traded pursuant to the terms and conditions governing the account.
You can request stock certificates online, as long as they?re issued with a title identical to that of the account owner?s. To request a stock certificate online, log on to your account and click the "Account Services" tab. Under "Withdrawals,", click ?Requesting a Stock Certificate.?
There are several market makers who make a market in this type of a secuirty. There is not just one.
If you have further concerns or inquiries, please reply to this message.
Sincerely,
Laurie Wake Apex Reorganization and Safekeeping, Ameritrade Division of Ameritrade, Inc.
[This message has been edited by Brad (edited July 30, 2004).]
posted
"These small companies are not stupid. Why limp along mining for years and years to come? Why not ride the gravy train by pooling resources and joining forces? United we stand, Divided we fall."
See! See! This is what I am thinking! Debeers wants all these people out of business and for them to sell their cliams...
If all the little guys band togther, they save their businesses and retain control, giving up some amounts but in the end they are doing it for survival... They can beat out Debeers and still make everyone money, versus Debeer's plan where NO one except Debeers makes money.
-John-
Posts: 759 | From: Long Island, NY | Registered: Dec 2003
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posted
I am not sure who posted the newer visual aid to the flow of companies maybe Paul. That was great. Thanks and Hi Paul. Nice to hear from you. I bought more today at .0005. The meetings in Canada next week with our various partners may result in us getting the full picture. That would be share structure, samples reports and filing and fully reporting. This is my opinion and a bit of wishful thinking -but not unrealistic with Roger Glenn in attendance.
Catch me in concert tonight in Southbury, CT at the Cosmic Glue Cafe -134 Main Street-The hours are 7:30-11:00 PM. It is a Christian Coffeehouse and I will be doing lots of original music like 'The Refrigerator Polka' and 'Vinyl Siding' and other great Christian songs. I'm kind of a folkie type singer with pretty good lyrics if I say so myself. I'm leaving Massachusetts early to beat the Friday traffic so I hope everyone has a good weekend. IMO-DD-GLTA-Debi
Posts: 1188 | From: Clinton, MA 01510 | Registered: Jan 2004
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IT ALL COMES DOWN TO THIS « Thread started on: Today at 10:52am »
-------------------------------------------------------------------------------- With D-Day coming (T minus 15 days and counting) the MM’s will pull out everything they have in their toolbox to make their losses as little as possible. Over the next two weeks we will see things happening that many of us never experienced before in trading business. The losses to the MM’s could potentially be in the billions fo dollars and, they will not take it lightly.
I just read a post about etrade notifying customers of canceling their NMCX accounts and stating the necessity for those customers to reply and decide what they will do with their shares. Two days ago, we saw a huge panic on this board with the Ameritrade issue. The post was probably the highest viewed and highest responded post ever on this board. Yesterday PalTalk was in a state of panic over the etrade responses about CMKX. Clearly all of this information has created a “nervousness” amongst the CMKX investment community.
This is the beginnings of attempts by MM’s to disrupt confidence and create havoc to us. Many different companies stock prices run and fall based on investor confidence. Ours is no different. The MM’s have played their mind games with us (6 positive pr’s and no pps movement). Their psychological games will get even more deceiving. They must do things to try to shake even the wisest and longest CMKX shareholder. Their liabilities for naked shorting this stock are more severe than anything they have ever done before. Hence the belief that CMKX will be the stock of a lifetime. It will take down several MM’s I believe while making many of us a lot of money.
Over the last month, we’ve seen one of our board “guru’s” sell off (Joel) and try to create fear about our company. Joel was highly respected by many, and I’m sure some were shaken and sold off their shares when he made his announcement. IMO Joel was a setup from the beginning. I also am confident there are others waiting for the right moment to take over where Joel left off. I am sure we will see some we have come to respect to jump ship and continue implementing the fear tactic the MM’s want to use. This is just one of the things I believe we’ll see.
We have seen the confusion between Pacific and Global. In that confusion we heard about a fake letter and fake pr. IMO we will see fake letters and/or pr’s again. It worked before and they’ll use it again.
We have seen an increase in the amount of bashers on the board. Know this; just before CMKX ran to .0011, there were more bashers on the official board than there were shareholders. Watch for that. It is a great tell. I actually welcome them. It means something is coming. When you read something on a board, look at how many post is credited to the poster. But also note the poster might be a basher in disguise. Someone that has many post to their credit and now is “switching” their opinion of our stock.
We will see other sites posting opinionated news (like stockwatch, baron, etc) that will put a negative spin on things about CMKX. They will plant seeds of doubt with their speculations. None of us know who owns these sites or who pays what to get something on them. Take what you read with a grain of salt, unless it comes from an official pr from our company. The MM’s will use the media as another outlet to cause fear and doubt. Remember fear and doubt is what makes the market. Feelings are what drive the price of shares up or down. The stronger you feel, the better position you’ll be in to make correct decisions. We will soon be tested like never before. They will fling as much **** against the fan as they can to loosen shares from your hands. Hold long, see the bigger picture, accept the fact that it may take time, but ultimately we will be greatly rewarded. Keep the confidence in this stock positive. We are bigger and stronger today, than we ever were. We will win.
All is STILL better than well.
Mike
Posts: 2 | From: Noblesville, IN | Registered: Oct 2004
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posted
here's the EASY TO READ CLAIM MAP POSTED BY JON_E_OG @ I hUB
be sure to put your sursor on the lower right corner until the icon appears, then click it, to enlarge the image for better viewing http://titangold.com/CMKXMap2.jpg
posted
I reviewed the map, and looks like there is no room for expansion for other folks surrounded by CMKX - big sqeeze
John this one for you . Read your last post, but someone locked up. Hope your investment pays out, your'e young and future is looking bright....just adding my cherry to the pie.
posted
Interesting Info from Ameritrade and another board.
CashinIn Ameritrade Users! « Thread started on: 07/29/2004 at 16:29:51 »
-------------------------------------------------------------------------------- I called Ameritrade today and talked with a lady named Susan. Here is what I asked and her answers.
Q: Once UCAD goes into my account will there be a fee for holding restricted shares for 1 year?
A: No fee for holding them, but there will be a $250 fee once the year is up and the shares of UCAD are able to be sold.
Q: What about CIM, they are not even a traded company. Will I have a fee for this?
A: To hold them no, but again once they become sellable there will be a $250 fee.
Q: What if I want to hold my CMKX, but don't want my dividends. Do I have to have these dividends?
A: Yes.
She told me to call her back in 2 weeks and she will have more info. on how many dividends I will have and if it's worth keeping. She was really nice and helpful. Thanks, CashinIn
Posts: 2 | From: Noblesville, IN | Registered: Oct 2004
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posted
It pays to look back: I think UC's strategy outlined about 18 months ago is coming to fruition. Look at these two sections of an old PR. He seems to be following his original plan. Maybe some of the smart people here can make some good predictions if this continues to play out.
Casavant Mining Kimberlite International Announces
Business Editors
LAS VEGAS--(BUSINESS WIRE)--Jan. 7, 2003
"..... Fourth, CMKI, as previously announced, plans on approving at its majority shareholder meeting a mandatory share and cash dividend policy. The share dividend policy reflects the Company's acquisition strategy that identifies undervalued take-over targets in mineral resource and related businesses. The Company is currently evaluating 7 companies each of whom will benefit from new managerial economic assessment, asset appraisals, accounting peer review and legal restructuring.
Fifth, CMKI believes that its shareholders and the targeted company's shareholders will best benefit from a "cross-dividend" policy. For example, if CMKI acquires a new target company in an exchange of shares, CMKI will pay its shareholders a mandatory 8% dividend of the total number of shares exchanged with the new target company. The shareholders of the new target company will be treated with the same fairness and therefore will be entitled to receive a mandatory 8% dividend of the total number of CMKI shares exchanged with the new target company. Since the mining and mineral resources business is highly fragmented, CMKI believes that its acquisition strategy will provide a way to leverage its assets into a larger more diversified portfolio of companies.
Sixth, CMKI believes that its cross-dividend policy will result in share dividends being issued in the 3Q03. The legal audit of its shareholders of record will speed up this process. Further, CMKI has structured its mandatory 10% cash dividend policy (which is based on its net earnings) to benefit those shareholders of record on the declared dividend date....."
Posts: 2 | From: Noblesville, IN | Registered: Oct 2004
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posted
Does anyone think Debeers has, was or is trying to put Cmkx out of business along with perhaps others in that area?
I know this is some outlandish theory but if Debeers values their 55k acres of land at 40 Billion, would it not behove Debeers to try anything possible to 'corner the marker'?
Guys Debeers has already been fined for doing this in diamond trading and if they did it there is it not possible they may have just applied their position to monopolize not just one part of the diamond industry but others as well. Buy controling this land, they would gain in the ability to accomplish just that. If they tried to control one area, I honestly think they may have tried to put some of these smaller mining companies out of business.
Does anyone know if Debeers is connected to any or some of the already sued trading firms/Market Makers and the ones that handle CMKX?
A simple way to put a penny stock out of business would be to naked short it, apperently in theory as we have learned over these last couple of months.
I am not making any cliams here, just posting a thought...
Anyone care to disect?
-John-
P.s.
Thanks so much for those sweet comments I really hope everyone on here suceeds in what we are doing, individually and collectively!
[This message has been edited by JBCak47 (edited July 30, 2004).]
Posts: 759 | From: Long Island, NY | Registered: Dec 2003
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I wouldn't be surprised if deBeers may have been a client of the MM's who have been naked shorting. It may have been for deBeers instead of themselves. I had posted once before that IMO, after UC slicked them on the mineral rights, they may have tried to take over the company by shorting the OS, driving the price down to .0001 where they may have attempted a take over. All IMO and I don't think we can get the evidence. I don't think deBeers would have made their favorite MM public information. But I think one thing is for certain, they would sure like to have our holdings now.
Posts: 2 | From: Noblesville, IN | Registered: Oct 2004
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posted
well i guess there is a charge of $250 to sell...i called and the first guy said no but just to be sure i tryed again and this time they said yes there is a $250 charge to sell the shares after 1 yr because of the cost to move the shares around thus there probably is also 1 for cim...cim better be worth it and unless we get enough shares of ucad it may not even be a break even dividend
[This message has been edited by bill1352 (edited July 30, 2004).]
quote:Originally posted by bill1352: well i guess there is a charge of $250 to sell...i .]
Reminds me of a Seinfeld episode where George gets two free tickets to a play. He calculates that in addition to the play, there's the cost of dinner, drinks afterward and cab fare both ways. He then waves the tickets in the air and exclaims, "Jerry, what I'm holdin' here, is a BILL for 200 dollars!"
I doubt that this will be the case...
Posts: 1872 | From: right here | Registered: Apr 2004
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posted
Someone who claims to have spoken with Melvin and asked re drilling. Melvin replied there is "no drilling at present moment" because of strict gov't regulations as they are on crown land. Asked re: Green lake drilling by second party answer "NO" sooo who knows when they will start drilling?? Summer is almost over!, I don't know if this guy on Ragging Bull site {Sterlings site} is telling the truth but I think I have enough shares for now. So if this is true what does this mean? I guess it means it will be a while if they ever find anything.
Posts: 22 | From: Bronx | Registered: Apr 2004
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