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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » CMKX - V.... Holdin' it .......Lovin' the ride. (Page 27)

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Author Topic: CMKX - V.... Holdin' it .......Lovin' the ride.
shadow
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I have been looking as well and
can not fnd the connection.

I think this would be a good question
for someone to ask melvin. The list
on the government page is the real...
that is who has the rights according to
the government. I will try to send a
message asking them if rights can be passed
onto another entity without being registered
with the government.

I think we should also ask for contact names
for sash ltd...

Everyone continues to show the maps but
there is nothing that truly tracks back
to government documents that I have seen
yet...

quote:
Originally posted by bill1352:
i missed where cmkx's claims are registered under sask. ltd. i was looking at the gov.'s web site on claims and i think they had just about the most claims listed. but they didn't have a link to who sask. ltd was


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WorkAHolic
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IMO...

I don't think anyone should sell before we get all of the dividends. Man, it's hard to hold 12million shares and not want to sell at least part at .001 or .01. I don't remember when this was posted, but I liked the idea of writing down your game plan for this stock. While your head is clear, write down how much money you want to make with this stock. If you plan on life altering money and thought about holding until $1, then write that down and put it next to your computer. This will be a wild, wild ride. Some will make good money buying low, selling high, buying low, selling high, but myself....I am holding for a long, long time.

Life altering if it hits, a little pissed if it misses.

I believe this one will hit..I'm willing to bet on that by holding for a long time.

Vegas will be so much fun...!


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will
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Hey Van, good to see you back.

Workaholic, you wrote:
1. If you are not in this stock by Wed. afternoon, you will be left behind.

I hope you're right. Tell me what you think is going to happen Wednesday. Just that it is the last day to get in for the UCAD dividend? Do you think there will be PR regarding O/S and share structure? DO you think it won't be trading in the .0003 / .0004, range we have seen the last few weeks? Besides missing the divdend, what is it you see happening?

Whoa wait a minute. There's a three day settlement period for a dividend, isn't there? That would mean you would have to be in EOD Monday the 16th, or Tuesday the 17th, which ?

[This message has been edited by will (edited August 15, 2004).]


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WorkAHolic
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quote:
Originally posted by will:
Hey Van, good to see you back.

Workaholic, you wrote:
1. If you are not in this stock by Wed. afternoon, you will be left behind.

I hope you're right. Tell me what you think is going to happen Wednesday. Just that it is the last day to get in for the UCAD dividend? Do you think there will be PR regarding O/S and share structure? DO you think it won't be trading in the .0003 / .0004, range we have seen the last few weeks? Besides missing the divdend, what is it you see happening?



Will,

In my infinite wisdom, I see a PR coming out by Tuesday. I see a lower than expected OS, however not the low 40 billion as stated once before. Probably around 200 - 300 billion. This one item, hopefully lower than 483 billion, will be enough to push the stock to unchartered territory. Next, I see the survey reports indicating the anomolies comparable to Shore Gold and DeBeers. Since this was done over the complete area. However, there will be many more of these on our claims and the assumption, no...the assesment will be that this is a fabulous, if not, unprecedented find. Those two items will put tremendous upward pressure on this stock. The core samples and the ultimate announcement of drilling that will come in the next 12 months will send us to unchartered territory. Everyone and his brother has been touting CMKX. We all tell our friends and family, that yes, it's a gamble, but the conviction of these stock holders will convert even the most skeptical. Hell, even my enimies would hate for me to get rich and not be in on it. We tell them all to hold, hold, hold.

Have you noticed, when you mention this stock, people stop to listen, smile like it's a joke, then hear the explainations about why you bought, and all of a sudden ask for the name again? They're in. This is long term. When they see the stock rise, they will believe.

Then, as if by some act of God, the shares of UCAD and GEMM rise and the value of the dividend starts to really come in to play. CMKX will, at some near future time, announce a partnership with about 4 or 5 other companies with a possible merger. Certain minerals will be sold off for cash or stock..ie...Uranium, Zink etc. Another dividend will be declared and Vegas will never be the same.

Dreaming, yes.....confident...yes.

I like my dreams...I think it will happen.

All of this IMO.



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will
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No need to apologize to me, Truth.

I am asking if everyone expects the O/S and share structure this week.

Now I want to ask everyone that is long and strong on CMKX if:

1. They will just be disappointed if it isn't announced?

2. If they will back off their rabid defense of a company that isn't forthcoming?

3. They will offer excuses, such as, "it is part of the master plan" that the company didn't reveal this information at this time?

4. They will change their position and not be so ready to support a company that has "done it again" ?

[This message has been edited by will (edited August 15, 2004).]


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will
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Workaholic:

OK, I read your expectations. Now if that doesn't happen what will you say? The same things, just push out the time line?

[This message has been edited by will (edited August 15, 2004).]


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WorkAHolic
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quote:
Originally posted by will:
No need to apologize to me, Truth.

I am asking if everyone expects the O/S and share structure this week.

Now I want to ask everyone that is long and strong on CMKX if:

1. They will just be disappointed if it isn't announced?

2. If they will back off their rabid defense of a company that isn't forthcoming?

3. They will offer excuses, such as, "it is part of the master plan" that the company didn't reveal this information at this time?

4. They will change their position and not be so ready to support a company that has "done it again" ?

[This message has been edited by will (edited August 15, 2004).]


1. I will be dissappointed but do not think that this company is on my time schedule.

2. Rabid defense is a strong word. I have never thought this company was lying or not forthcoming. I would not be here if I thoght that.

3. That's a good enough excuse for now.

4. My dreams have a strong threashold. As long as I feel like this is a good investment, I'm in. PERIOD.

Hope I've answered your questions.

[This message has been edited by WorkAHolic (edited August 15, 2004).]


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Leeman1
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quote:
Originally posted by WorkAHolic:
IMO...

I don't think anyone should sell before we get all of the dividends. Man, it's hard to hold 12million shares and not want to sell at least part at .001 or .01. I don't remember when this was posted, but I liked the idea of writing down your game plan for this stock. While your head is clear, write down how much money you want to make with this stock. If you plan on life altering money and thought about holding until $1, then write that down and put it next to your computer. This will be a wild, wild ride. Some will make good money buying low, selling high, buying low, selling high, but myself....I am holding for a long, long time.

Life altering if it hits, a little pissed if it misses.

I believe this one will hit..I'm willing to bet on that by holding for a long time.

Vegas will be so much fun...!


Just a question, and I don't know you financial status, but why would you not sell 4 million at .25 if or when it hits to sit on one million?
Went to a seminar at work given by Bloom and Bloom (Bloom Asset Management). They told of an individual who worked at Enron. He had 20 million in stock. He was given so much per pay. They tried to talk him into selling this. He refused because he didn't want to give the government three million in taxes. The stock went down he waited for it to come back. We know the history of Enron.
I only have 1.3 million shares. It will be hard to hold past .50. This would change everything. Just asking.


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WorkAHolic
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quote:
Originally posted by Leeman1:
Just a question, and I don't know you financial status, but why would you not sell 4 million at .25 if or when it hits to sit on one million?
Went to a seminar at work given by Bloom and Bloom (Bloom Asset Management). They told of an individual who worked at Enron. He had 20 million in stock. He was given so much per pay. They tried to talk him into selling this. He refused because he didn't want to give the government three million in taxes. The stock went down he waited for it to come back. We know the history of Enron.
I only have 1.3 million shares. It will be hard to hold past .50. This would change everything. Just asking.


Lee...

Good question. I could get weak at .50 or higher. I really don't know. As long as I feel like we are on the way up, I feel confident that I will hold, at least most of my shares. Hopefully, eveyone has only invested fun money and will not be hurt if something doesn't pan out. Each of us have our own agendas. Mine is to make enough money so that I can take care of my family, friends and needy. I work to damn much...hence..the name "WorkAHolic". And yes, I do get a bit edgy when I don't hear what I want to hear. Don't we all...??


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Highwaychild
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Will, it won't be the end all be all either way with me.I played CMKX with an amount I would be willing to part with.If there's a go,fine.If there's a no go,well that's fine too.I'll just wait,watch and learn.I've already gotten alot through all the CMKXs' threads and posters.(I think?)
Don't know if I can take all of that info. with me because I don't think there'll ever be another one quite like this.LOL


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will
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Those were more or less rhetorical questions. I do see though by your answers you would just move the timeline, and still have have the faith.
As far as the company being forthcoming, I guess it's all in the way you read their PR's. To you seemingly the are accurate and complete, to me they're incomplete and ambiguous. Some say tomAto, some say tomato.
quote:
Originally posted by WorkAHolic:
1. I will be dissappointed but do not think that this company is on my time schedule.

2. Rabid defense is a strong word. I have never thought this company was lying or not forthcoming. I would not be here if I thoght that.

3. That's a good enough excuse for now.

4. My dreams have a strong threashold. As long as I feel like this is a good investment, I'm in. PERIOD.

Hope I've answered your questions.

[This message has been edited by WorkAHolic (edited August 15, 2004).]



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WorkAHolic
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quote:
Originally posted by will:
Those were more or less rhetorical questions. I do see though by your answers you would just move the timeline, and still have have the faith.
As far as the company being forthcoming, I guess it's all in the way you read their PR's. To you seemingly the are accurate and complete, to me they're incomplete and ambiguous. Some say tomAto, some say tomato.

Down here in Louisian/Cajun Country, we say

GUMBO


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VNGNTN1
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Share Count that will receive UCAD dividend.
TOTAL
Last A/S @ 500b PR 04/03 500b
Restricted UC *251b PR 04/03 249b Does qualify for dividend
Retired 6b PR 09/03 243b Does not qualify for dividend
Retired 20b PR 11/03 223b Does not qulify for dividend
Retired16.5bPR 12/03-206.5b Does not qualify for dividend
UCAD Close Fri=4.80*7.5=36m/457.5=$.0000769 dividend.(The close 08/20/04 will be the real #)
This is the UCAD deal only,Represents only value added. These shares will probably be restricted also.
VAN

[This message has been edited by VNGNTN1 (edited August 15, 2004).]

[This message has been edited by VNGNTN1 (edited August 16, 2004).]


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will
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I understand child, I don't have a lot invested here either. I am just wondering if any of the gungho, blind faith, holders of this stock will be more inclined to take a more realistic view of it. I am skeptical, and have been for a good while, only because there seems to always be great news around the corner, then a let down. Mt St Helen's vs. 2 micro diamonds, things like that. There are many here that discount the negatives, and I'm not talking about the negatives that have been posted the last few days, but the history of CMKX, the ambiguity of the Pr's, the Melvin pump vs. reality, those things, and things like them.

quote:
Originally posted by highwaychild:
Will, it won't be the end all be all either way with me.I played CMKX with an amount I would be willing to part with.If there's a go,fine.If there's a no go,well that's fine too.I'll just wait,watch and learn.I've already gotten alot through all the CMKXs' threads and posters.(I think?)
Don't know if I can take all of that info. with me because I don't think there'll ever be another one quite like this.LOL



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Wallace#1
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I thought Allstocks make it clear when it was posted "The stock and the company please"...top of pg.17.

I did not know it was time to begin to get personal again. I draw your attention to the following posts on this date:

byrdturd - 13:30 and 17:34
gmac78 - 15:06
noahltl - 15:39
Brad - 17:37

I had a post at 14:27 in an attempt to get it stopped.


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Leeman1
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quote:
Originally posted by WorkAHolic:
Lee...

Good question. I could get weak at .50 or higher. I really don't know. As long as I feel like we are on the way up, I feel confident that I will hold, at least most of my shares. Hopefully, eveyone has only invested fun money and will not be hurt if something doesn't pan out. Each of us have our own agendas. Mine is to make enough money so that I can take care of my family, friends and needy. I work to damn much...hence..the name "WorkAHolic". And yes, I do get a bit edgy when I don't hear what I want to hear. Don't we all...??


I know about working alot. Been working 58+ hours a week for more then 20yrs. At .50 per share my work schedule would go to 40. This would set me on the path I need to go. Already did the small business thing. To much time and not a lot of return. Worked two jobs to give the family the (good) life. Ready to move in a different direction. At .10 it will be tough to hold on, but I will.


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VNGNTN1
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LEEMAN
Develope a plan that YOU can live with. Only fools don't take consistent ,regular profits.
Who can know what the future holds? Take money off the table:
1-Get even(leaving free share)
2-Create a profit(a SMALL % of balance)
3-Watch news for guidance.
VAN

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Wallace#1
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Harry,

Re your post at 17:04, I know many of you are really counting on Glenn and what you think he may be doing for CMKX.

My experience with lawyers whenever I had to get involved with them at the NYSE was that they were always trying to do something detrimental to shareholders and contrary to the Rules and Regulations of the New York Stock Exchange. EVERY TIME they were unquestionably representing the company and it's major shareholders (INSIDERS), NOT THE PUBLIC.

Winsum,

You seem to be a reasonable person. Osubucks has done nothing more than what most posters on this thread if he is posting old information. He is also trying to convey caution so as to protect shareholders.
That was also one of my MAJOR functions at the NYSE.

Yes, that is where I worked when on Wall Street. I managed two of the Divisions of the Department of Stock List.

If my background and what I have to say makes me a basher, so be it. I will continue to try to caution against all the rampant nonsense on this thread.


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Highwaychild
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Will, don't get me started on "Tommy Boy",I mean "Marvin",I mean Melvin.LOL
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will
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tə m¨¢yt¨­, tə maa't¨­ and lastly g¨²m bo , lol.
WOW! that sure copied crappy!

[This message has been edited by will (edited August 15, 2004).]


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Highwaychild
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Wally,If your looking at pinks like stocks on the NYSE then you might need to reevaluate.I'm sure some of the stocks you saw on the NYSE got their start in worse shape than CMKX has started out in.
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Wallace#1
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Highway,

Think again. Not one of them started out as convoluted, confusing and unknown as CMKX that I know of. To get there, they had to have some integrity and honesty. Those are things I would expect from any company trading in the public markets.


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Highwaychild
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That day still may come.Someday.But the symbol Would probably be CMKXUCADGEMM,ECT.LOL
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Leeman1
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quote:
Originally posted by VNGNTN1:
LEEMAN
Develope a plan that YOU can live with. Only fools don't take consistent ,regular profits.
Who can know what the future holds? Take money off the table:
1-Get even(leaving free share)
2-Create a profit(a SMALL % of balance)
3-Watch news for guidance.
VAN

Thanks
Will do. I already lost on greed. I'm learning alot from these boards. Using some of that to play the 401 at work the same way.

Thanks again.


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gmac78
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quote:
Originally posted by Wallace#1:
Harry,

Re your post at 17:04, I know many of you are really counting on Glenn and what you think he may be doing for CMKX.

My experience with lawyers whenever I had to get involved with them at the NYSE was that they were always trying to do something detrimental to shareholders and contrary to the Rules and Regulations of the New York Stock Exchange. EVERY TIME they were unquestionably representing the company and it's major shareholders (INSIDERS), NOT THE PUBLIC.

Winsum,

You seem to be a reasonable person. Osubucks has done nothing more than what most posters on this thread if he is posting old information. He is also trying to convey caution so as to protect shareholders.
That was also one of my MAJOR functions at the NYSE.

Yes, that is where I worked when on Wall Street. I managed two of the Divisions of the Department of Stock List.

If my background and what I have to say makes me a basher, so be it. I will continue to try to caution against all the rampant nonsense on this thread.


If the above is your background which I doubt, that is a ridiculous statement you make concerning lawyers and law firms. A prestigious law firm with 200 lawyers, one of which is D. Roger Glenn, is NOT going to jepardize reputation, standing, possible criminal charges, civil suits, etc. to allow one of their attorneys to participate in some sort of scam with CMKX as you allude to so often. I think you are really losing it, friend!!!

------------------
gmac


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WorkAHolic
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quote:
Originally posted by Wallace#1:
Harry,

Re your post at 17:04, I know many of you are really counting on Glenn and what you think he may be doing for CMKX.

My experience with lawyers whenever I had to get involved with them at the NYSE was that they were always trying to do something detrimental to shareholders and contrary to the Rules and Regulations of the New York Stock Exchange. EVERY TIME they were unquestionably representing the company and it's major shareholders (INSIDERS), NOT THE PUBLIC.

Winsum,

You seem to be a reasonable person. Osubucks has done nothing more than what most posters on this thread if he is posting old information. He is also trying to convey caution so as to protect shareholders.
That was also one of my MAJOR functions at the NYSE.

Yes, that is where I worked when on Wall Street. I managed two of the Divisions of the Department of Stock List.

If my background and what I have to say makes me a basher, so be it. I will continue to try to caution against all the rampant nonsense on this thread.



I believe an attorney is hired to represent the company as a whole. If the majority share holders decide on a path, that, in my opinion, is what the company wants. Minor, small shareholders really don't get much say in any company I know of. Now, if enough shareholders make a presentation, it would be in the best interest of the company to listen, but they still would not have to abide by their demands or requests.

I don't think it is fair to imply that Glenn does not work for the whole company. Especially when we don't know in what capacity he is working. I'll admit, I would like more info, but feel it is coming soon. I'm a very patient man.

Hmmmm..let's see...can I tell my boss to drop dead now, or wait for a PR.

I'll wait.


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WorkAHolic
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Wallace,

I know you did not say that Glenn was not on the up and up, but you implied it. Apparently you've been burned before. I hope it doesn't happen again, here.

It just seems that every post you make implies a wrong doing, or at the very least, deception. Silence is not deception, however it breeds rumor. We need to separate rumor from deception.

This company has not decieved us. They have been silent.

By the way, I liked Tommy Boy. He was funny, but had a good quality to him. As for Chris Farley...I think he overdosed...and died.


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Highwaychild
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Work,yea, I guess there is a difference isn't there.Nice of you to point that out. LOL
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glassman
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gmac, lawyers don't advise on how to break the law, they advise on how to circumvent the law.......
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WorkAHolic
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I still think the Lundin Group are players, here. How about a buyout?
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gmac78
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quote:
Originally posted by glassman:
gmac, lawyers don't advise on how to break the law, they advise on how to circumvent the law.......

glass, I agree with your statement about circumventing but you're missing the most important issue. The law firm and D. Roger Glenn would be a party to any and all actions brought against CMKX were this to eventually turn out to be a scam, since one of the firms employees is representing CMKX. You can bet actions will be brought if it turns out that way!!! Do you honestly believe any reputable law firm wants that kind of publicity-- I think NOT!!!


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glassman
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ENRON had a law firm.....who are they??
i think you guys are too trusting.....
legal has little meaning in the pink sheets relative to the NYSE or the NASD....
use fun money....
good luck..

[This message has been edited by glassman (edited August 15, 2004).]


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Wallace#1
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As you stated, Glass, circumvention is the name of the game. Those were NYSE Rules and Regulations I was talking about and attempts at circumvention did not bother them one tiny bit. Guaranteed that a h*ll of a lot of money was spent on them and their firms to do what they did.
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Wallace#1
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Thought I would post this "old" article.

Will Purcell June 22

Four junior explorers managed to create quite a market stir with their diamond hunt in central Saskatchewan, but most of the attention has been garnered by Urban Casavant's swinging Pink Sheets promotion, CMKM Diamonds Inc. A CMKM share could be had for just one-100th of a U.S. cent though much of this year, but word of a diamondiferous kimberlite discovery near Smeaton had the company's faithful shareholders dreaming of dollars and a future beyond the mighty pinks, as trading volumes frequently topped the 10-billion mark and CMKM's shares crested above a glorious one-10th of a U.S. cent.

The enthusiasm cooled a bit last week, after more substantial news about the Smeaton find was produced by CMKM's two Canadian-listed partners, Rick Walker's United Carina Resources Corp. and Consolidated Pine Channel Gold Corp. Those diamond details initially proved unsettling to quite a number of CMKM's investors, but the company's microscopically priced shares found their second wind and still trade well above their recent range.

CMKM's Smeaton play began in March, when the company signed an agreement that would allow it to earn a one-quarter share in the property from Mr. Walker's two companies, along with U.S. Canadian Minerals Inc. Interest in the project took off about a week later, when CMKM touted what it called a "new kimberlite discovery" on the Smeaton property.

CMKM proclaimed that its Carolyn pipe was diamondiferous late on June 10, and with the markets closed the following day to mourn Ronald Reagan's passing, there was a rush of speculators trying to hop aboard Mr. Casavant's diamondiferous Smeaton bandwagon indirectly, by investing in CMKM's two Canadian-listed partners.

Those plans hit a big snag when the TSX Venture Exchange halted the shares of United Carina and Pine Channel, citing an imbalance of material information. The exchange also cancelled all of the day's trades, washing away some significant gains, due to the lack of solid news -- at least as "news" is defined by the bureaucrats at the TSX-V.

That imbalance was ultimately corrected when Mr. Walker's diamond juniors subsequently revealed that the Carolyn core samples were just marginally diamondiferous. One 40.1-kilogram sample had produced two tiny microdiamonds that apparently weighed just 0.000005 carat, a fraction even smaller than CMKM's recent share price.

Meanwhile, 11 other Carolyn samples had failed to produce any diamonds. There was no indication of just how much those barren samples weighed, but if they were comparable with the one diamondiferous batch, the Smeaton partners would have recovered just two microdiamonds from over 400 kilograms of Carolyn kimberlite.

Those details presented a far gloomier outlook for the pipe than had CMKM's brief proclamation that the lab results had confirmed Carolyn was diamondiferous, leaving a number of the company's more exuberant faithful to speculate loudly that the Canadian news had been faked. Based on earlier work on the Smeaton play, there should have been few surprises in any of the recent results form Smeaton.

In fact, it would have been quite a shock had CMKM's drill program failed to intersect kimberlite, as its drill holes were apparently positioned in an attempt to retest a kimberlite pipe that had first been hit in 1996, when a group led by Swannell Minerals Corp. scored a kimberlite hit by drilling a geophysical anomaly that was about 200 metres in diameter. As a result, what CMKM now calls its new Carolyn pipe is actually the old Smeaton kimberlite.

Swannell intersected kimberlite at a depth of 128 metres and ultimately cored over 90 metres of kimberlite in its RS-1 drill hole, so it was hardly a great surprise when CMKM's drill hit the top of the pipe at a depth of 125 metres and ultimately intersected about 130 metres of kimberlite. Three subsequent CMKM drill holes produced intersections that ranged from 63 metres to 75 metres thick.

Most of the kimberlites in Saskatchewan have proven to be diamondiferous, so it also seemed likely that there would be at least a mild smattering of microdiamonds in the pipe, whatever its name. Still, there was not much chance that the reincarnated Smeaton kimberlite would deliver a bounty of micros as Carolyn, based on the earlier test. Samples of Swannell's drill core had been sent for analysis, but no diamonds were recovered from a modest amount of kimberlite.

The Swannell group subsequently abandoned the Smeaton project and it was snapped up by United Carina and Pine Channel. Late in 2000, the new partners poked four holes into a series of anomalies that had been identified in close proximity to the old Smeaton pipe. A narrow zone of reworked kimberlite was encountered in one of the holes, but the remainder failed to produce any kimberlite hits and the Smeaton play began to gather dust once again.

In 2002, United Carina and Pine Channel managed to come up with a new partner on the play. Panterra Exploration Corp. decided the play had enough promotability to warrant a look, and it signed an option deal on the project. Panterra's promotion delivered a few opening salvos, but the company did not manage much in the way of exploration, and its option was subsequently abandoned. That left Mr. Walker's companies to hunt down a new partner for the struggling Smeaton project.

The arrival of Mr. Casavant and CMKM has made the old Smeaton play a hot topic with speculators once again, although the market reaction to United Carina and Pine Channel's side of the Smeaton story has been modest in comparison with CMKM's decidedly pink promotion, due to the presence of at least a minimal set of reporting standards on the TSX-V.

Although some speculators may have been skeptical about CMKM's motives in repackaging the old Smeaton kimberlite as the Carolyn pipe, further work had been recommended on the old find, as the initial investigation had been deemed insufficient. As well, additional work was proposed for the remainder of the Smeaton property, in the hope of properly defining some new drill targets.

The Saskatchewan diamond play has been attracting investors since the late 1980s. There currently are two advanced projects that have at least a shot at being economic, both of them in the Fort a la Corne region, about 30 kilometres to the south of Smeaton.

Shore Gold Inc. is now working on a 25,000-tonne bulk sample of its huge Star kimberlite, which could prove or kill the project. The company previously processed about 140 tonnes of material from one large drill hole, coming up with a grade of a bit over 0.06 carat per tonne.

Shore is hoping to produce at least 3,000 carats from its test, which would require a grade of about 0.12 carat per tonne, and in its more exuberant moments, the company has touted the possibility of coming up with at least 5,000 carats, or about 0.20 carat per tonne. The first results are expected soon.

A group led by De Beers Canada Corp. and Kensington Resources Ltd. has been busy testing the mammoth No. 141/140 kimberlite complex for several years. The partners have come up with an average grade of about 0.07 carat per tonne, based on a cumulative 2,400-tonne sample, with signs of a somewhat higher grade in portions of the pipe, which appears to be larger than the Star complex.

The latest diamond counts from No. 141/140 provide a reasonable basis for comparison with the CMKM results, and offer an indication of what would reasonably be required for a large kimberlite to demonstrate a reasonable degree of economic potential in the Smeaton area.

De Beers and its partners recovered 1,159 diamonds from 595 kilograms of kimberlite, or nearly two stones per kilogram. That was nearly 40 times greater than the rate that the one diamondiferous Carolyn sample had produced diamonds, and it may have been nearly 500 times greater when the 11 barren batches are added in.

Indications of larger stones are of greater importance than raw diamond counts in evaluating kimberlites, and there were some macrodiamonds in the No. 141/140 samples. Six of the diamonds were large enough to be recovered by a 0.425-millimetre sieve, including two that sat on a 0.85-millimetre mesh.

Not included in those counts is a 5.5-millimetre, 0.77-carat stone that had been found during the preparation of the sample. Meanwhile, the two diamonds recovered from the Carolyn sample had been recovered on a 0.106-millimetre sieve.

CMKM still has not matched Mr. Walker's more detailed diamond disclosure, but the company is still busy issuing news about less material matters, including the shutdown of its message board. The board was being used by unsavoury persons to sling racial slurs, said Mr. Casavant in a press release that read more like a typical message board offering, with the liberal use of capitalized nouns and multiple exclamation marks.

Entertaining press releases are not the only unusual quirk with CMKM. Last fall, the company retired large blocks of its shares, and although the exact number is far from clear, it appears that roughly 20 billion of its shares were retired in a series of moves that came just a few months after the company had declared a 2-for-1 split of its shares.

Just how many of CMKM's shares are issued is another unknown, but whatever the number, there is no doubt that the company's abundance of shares are in both great demand and great supply. Nearly 124 billion of them were traded through the first three weeks of June, worth a total of over $80-million (U.S.). A typical CMKM trade was for just over 2.5 million shares and was worth an average of just under $2,000 (U.S.).

Over the same stretch, the gross value of all trades of Aber Diamond Corp., Canada's premier diamond company, was barely $70-million (U.S.).

CMKM was unchanged on Monday, closing at six-100ths of a U.S. cent. United Carina was also unchanged, closing at 18 cents and Pine Channel dropped one-half cent, ending the day at 8.5 cents.


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glassman
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by the way, i have never posted or even implied that this is a scam. i believe that everything has been done legally. i just have the opinion, that it will leave a lot of the investors a little disappointed......
i wish you all the best....
enjoy the game...

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