posted
the key to success in the pennies is not spotting the frauds, its finding the good ones..LOL
Posts: 36378 | From: USA | Registered: Sep 2003
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posted
Look at Scottrade suspending buying of CMKX and USCI....
When I found out they wouldn't handle CMKX because it isn't profitable, yet they charge 22 dollars PLUS .5% of what I invest... yet it isn't profitable? STFU!!!
I want to choicetrade and they charge five dollars an online trade... and they handle CMKX...
posted
scottrade still won't let you get it??? hmmm seems like maybe that's not fair, maybe they don't want it on their books??? i guess if it did go todamoon you could sue them??? brokerage houses use their assets for lending and borrowing, maybe that's why they don't want it on their books....
Posts: 36378 | From: USA | Registered: Sep 2003
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quote:Originally posted by glassman: The PR that stated UC is is not receiving ANY more dividends on common stock would make it logical to ASSUME that he no longer holds any common shares...
I think UC is majority owner of Nevada Minerals. If I'm not wrong, doesn't NM have 75 billion shares of CMKX? That's more than twice my position in this stock. Seems like he's in this stock in more than one capacity.
posted
yes. according to the PR Nevada Minerals was also "unrelated to CMKX" hmmm...
LAS VEGAS--(BUSINESS WIRE)--July 26, 2004--CMKM Diamonds Inc. (Pink Sheets: CMKX - News) announced today that it has agreed to acquire a 60%, undivided interest in 500,000 acres of potential Kimberlite mineral property in Saskatchewan, Canada. The property is currently owned by Nevada Minerals Inc., a private company unrelated to CMKM. The property is being developed by a joint venture between Nevada Minerals Inc. and U.S. Canadian Minerals Inc. CMKM will acquire the interest in the property in exchange for 75 billion shares of restricted Rule 144 stock of CMKM. In order to reduce the dilution to CMKM's shareholders as a result of this transaction, Urban Casavant, CMKM's CEO, has agreed to contribute 40 billion shares owned by himself in exchange for an agreement from CMKM stating that Casavant will be paid only if the acquired property actually yields a profit. According to the agreement, Casavant will be paid one-half of the net proceeds from any mining on the property, after paying all associated expenses, up to a maximum aggregate total of US$62 million. CMKM will issue 35 billion new shares of the company to Nevada Minerals Inc. to complete the transaction.
this is why i came over here to help sort it out.... i am pretty good at untangling fishing line too..LOL
[This message has been edited by glassman (edited August 17, 2004).]
posted
Trading Pennys- Etrade and Ameritrade have good fees. Etrade frequent traders price is 9.99. They have been very good with buy orders for CMKX. They probably require $1000 to open an account but transfer of shares could do that. Good customer service for priority customers.
Mytradz.cio $250 to open. At one time they limited CMKX to 250,000 share trades but I have had 2 million at a time trades there for $8. Very good customer service.
I hope you can find one soon. I would dump the one you have ASAP IMO-
Have a good day all. My take on today is this is covering at .0004 and I am basing that on the negative trades going through. Very Strange. Have to believe that if CMKX wanted this to run they would have issued a PR with news. For anyone who thinks CMKX is a lying bunch of skags why wouldn't they just go ahead and lie and get the price to run so they could P and D if that is their goal? I don't think the goal for them is to get the share price up only to have it tank quickly. We have something good, and we will go up based on real news when this stock no longer has a large naked short postition.
Today is the last day to cover the short before the UCAD stock dividend. Will there still be an outstanding short? I don't know. I do think that if there is and news is announced the squeeze may be on for the rest. Or perhaps the short will now be covered and the stock can finally run with news. Maybe this is our cash dividend being funded by the selling back of naked shorted shares by CMKX. THat would of course depend on the share count and any other company events. IMO-Debi
Posts: 1188 | From: Clinton, MA 01510 | Registered: Jan 2004
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posted
i for one think most of the lying that's been going on is coming from wierdo web sites...LOL
Posts: 36378 | From: USA | Registered: Sep 2003
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posted
This one is worth reposting just for the amount of work this person did on linking up all the players:
By: cash_flow4me 17 Aug 2004, 02:30 PM EDT Msg. 66430 of 66435 Jump to msg. # TO ALL, Here is some DD food for thought:
I am posting this information merely as a brief snapshot of some observations I have recently made in regards to the diamond mining industry in Canada. Obviously, some of the info included herein will be restating facts we already have seen. However, I hope that the following might contribute a possible missing link or connection to one of you who know more about the Canadian Diamond Mining Industry than I. Who knows, maybe one of you will see something here that I did not (this seems likely, as there are many here who have devoted a great deal of time to research on this company). All of the companies listed below (around 20 or so) have some sort of relationship to one or more of the others, to include CMKX in many direct and indirect circumstances. I will begin by listing the companies who we know for sure are directly working together with CMKX and then expand from there. I only list a fact or two about each due to time constraints. If anyone would like to continue to add info, or make corrections for that matter (I am certainly not claiming all of this is 100% accurate), please feel free to do so. This is for all of us to examine and disect. Please note that I am not asserting that all of these companies are definitely affiliated with CMKX at this point, (or that they have ever been or ever will be, for that matter, only making factual observations). Have at it!
CMKX-Ok, I know, we know this one inside and out already.
UCAD-JV partner, % Ownership of, & Board Mem. Richard Taulli who is also w/ CMKX.
Juina Mining (GEMM)-JV partner, % Ownership of, & Board Mem. Jay McFadden who is also w/ CMKX, owned in large part by UCAD. Juina owns 80% of Yellow River. GEMM owns Emerging Africa Gold as well.
Triumph Gold-JV partner, % Ownership of, & Board Mem. David Bending who is also w/ CMKX.
Yellow River Mining-JV partner, % Ownership of. Yellow River Gold Mine is located in the "Provincia Del Oro" (Province of Gold) in southwest Ecuador. The "Provincia Del Oro" area has been actively mined since the 1600's. The Yellow River Gold Mine is currently a revenue-producing concession that enjoys an export permit. Yellow River Mining, S.A., is 80% owned by Juina Mining Corporation, a Nevada corporation.
Ok, now here is where it gets a little more interesting:
Consolidated Pine Channel Gold Corp. (CPCGC)-Officers include Rick Kusmirski, Rick Walker, and Thomas Parker. These are also the same officers listed for United Carina. They share the same address and phone number with United Carina as well.
United Carina Resources-(See above CPCGC), United Carina Posts CMKX's and UCAD's PR's from 3/29 on their home page of their web site. Also see a PR dated April 22, 2002 which innvolves a venture between CPCGC, United Carina and JNR.
JNR Resources-This company represents a key link in my opinion to connecting the dots on some of these companies. I say this because JNR has conducted operations jointly with two of the largest mining corporations in the world (Rio Tinto and International Uranium Corp.) JNR also shares two main board members with United Carina and Consolidated Pine Channel Gold. They are Rick Kusmirski (Pres JNR) and Thomas A. Parker (Rick Walker is not listed). JNR operates a JV along with International Uranium Corporation (IUC), whose Chairman happens to be Lukas Lundin. JNR and IUC together are running a large project at Moore Lake/Athabasca Basin. This project involves drilling for Uranium and diamonds. IUC is definitely a leading mining force for Uranium in the world. The Moore Lake project also involved another partner whom we all know, and that was Kennecott Canada, or more widely recognized as Rio Tinto, the largest mining company in the world.
Shane Resources-Rick Walker is listed here as an officer and is also an officer as you recall of CPCGC and United Carina. Also, see Sept 19, 2003 PR relating to CMKX. They signed this agreement with CMKX about a month or so after they had acquired some rights within the Fort a La Corne region. Also, joint ventures with Claude Resources, Marsuparia Gold and coincidentally also with First LabradorAcquisition.
First Labrador Acquisitions, Inc.-Has JV projects going with Pine Channel Gold and Shane Resources.
International Uranium Corporation-Partner of JNR Resources in the Moore Lake Property. IUC Chairman is Lukas Lundin. IUC is part of the Lundin Group of Companies, an internationally recognized group of publicly traded, natural resource companies. In business for over three decades, the Lundins are leaders in identifying superior global investment opportunities in the natural resource sector. The twelve companies operated by the Lundins are actively engaged in the exploration for and development/production of oil and gas, gold, copper, cobalt, zinc, diamonds, uranium, iodine, sodium sulphate, potassium nitrate and phosphate.
Masuparia Gold Corp.-JV partner of Shane Resources.
Claude Resources-JV partner with Shane.
Kennecott Canada Exploration Corp-JV Partner with JNR and wholly owned subsidiary of Rio Tinto. See Jan 1998 announcement wherein JNR announces that they and Kennecott have formed a strategic alliance partnership and Joint Venture.
Rio Tinto, PLC-Largest Mining Corporation in the world, (not my claim). RT also, operates a subsidiary known as Diavik Diamond Mines which is currently involved in a huge JV with Aber Diamond Coporation at the well known Diavik Diamond Project.
Aber Diamond Corporation-TSX symbol(ABZ) and NASDAQ (ABER)Sold the Snap Lake project to DeBeers Canada. Currently is participating in the world of luxury diamond jewelry brands as a result of their extensive success in their joint Diavik mine in Canada. Sells 25% of their supply to Tiffany's and the other 75% goes back to Antwerp.
Ok, now some conjecture on my part. I would assert that it is logical that CMKX has not partnered at all with either Rio Tinto or, in particular Aber, due to UC's goal to become a player in the diamond jewelry market. I would also say that it would be logical to assume that since we have not seen any JV's between Aber and DeBeers, due to this same retail conflict, that our first assumption above is also bolstered. To take this further I would not expect to see CMKX enter into any agreements with Kennecott either.
Our circle of allies in the Canadian Diamond Industry, whom we have become familiar with as shareholders, appears to continue to remain consistent. Therefore, I found myself looking for the biggest player who has been listed above, yet is not involved in the diamond retail side. In this case it is IUC. Now I know that Melvin has stated that we are not interested in mining the Uranium. But, he did not state, to my knowledge, that we were not interested in selling off this ingredient from our holdings. I found that IUC has stated that this is basically the best area in the world to mine for Uranium and I do not think it would be too much of a stretch to believe that CMKX would at least explore the opportunity with IUC strictly because they have so many acres of mineral rights. I also heard someone say that the Lundin Group was, not to their knowledge, in any way connected to CMKX. I am not saying here that they are, but I would sure think that they might be interested in exploring (no pun intended) the potential of an agreement with a company who owns such a large amount of property in an area which they have labeled the best in the world for uranium mining.
Many of the agreements that I read about, for example Aber's sale of the Snap Lake project for 100 million to DeBeers, have jump started these companies into full blown exploration and recovery modes. I believe that UC will soon reveal his method by which he will accomplish this goal of bringing his diamond brand to the retail market. The awesome part of this is that we investors will see the incredible results of these efforts long before the diamonds actually hit the retail market.
I can't write any more at this time. I hope this has provoked some serious thought and will encourage some of you seasoned DD folks to input additional facts and opinions regarding what I have written. I look forward to your comments and additional observations that you decide to contribute. I've also included a link below to an additional listing of mining companies currently working in the Saskatchewan region of Canada. Any forward-looking aforementioned statements which I have transcribed are only in my opinion and should strictly be regarded as such. GLTA CMKX Shareholders! eom Cash_flow http://www.diamondplay.com/s/Region-Saskatchewan.asp
Posts: 2 | From: Noblesville, IN | Registered: Oct 2004
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posted
For those of you who hate seeing Zen reposted here, looks like you're getting your wish. He's promising no more posts until PR. For his last, it makes a good read.
shaboink Zen's latest « Thread started on: Today at 06:12:02 »
-------------------------------------------------------------------------------- From Zen. I think the bashers have finally gotten to him on IHUB. I think they have peed in his Wheaties one to many times…….
MY THOUGHTS 8/16
I am disgusted. The CMKX message boards have all degenerated into a playground of kindergarten finger-pointing, name-calling and hair-pulling. The longer this takes, the more inevitable such a situation was bound to happen. At this stage I simply no longer wish to participate in any such soap opera. My comments from here on out will be limited strictly to any information I uncover on my own DD (or others privately assist me with) and commentary on PRs. When I read a full day's posts now, I find that absolutely NOTHING is gained by doing so.
I am confident in my investment. All the evidence I need to believe in this company is out there and, to date, the bashers have STILL not provided me with anything other than unfounded, baseless insinuations to counter it. And I really don't care if anyone finds this post insulting or arrogant. I'm here for an investment. These boards have reached the point of diminishing return in terms of any DD or relevance. They sound like nothing more than a festering pit of fear, anxiety and hostility. Have fun. If you're smart, you tune in here for amusement only.
To the bashers, you disgust, revolt and repulse me. If hell exists, you've got a lifetime of illness and suffering ahead of you that even Job never endured. I leave you to continue devising your slithering traps of deception and to assuredly label me either a "sellout" or an "abandoner". Which IMO only reinforces your very sick, twisted nature.
To the loyal longs, my thoughts, hopes and dreams are always with you every step of the way. You can bank on that.
To those on the fence still, good LUCK in making your decisions. If you are basing them on what you find from these boards, then I wish you EXTRA luck.
Addendum:
I return to my original belief that an attorney and law firm of Glenn's/EA's caliber do not take on a pink sheet at .0003 simply to "help them get going". No the original reason I bought is still the same reason I am here today, this does NOT happen with a pink sheet trading at this price unless something HIGHLY unusual is happening (and I mean POSITIVE because Roger is not and has never been in the business of defending companies). I continue to believe we will find out what that is in the near future. I have challenged bashers THREE times to find me a law firm of similar caliber that has ever represented a pink sheet before. They have provided a long list of ZIPPITY -DOO-DAH in response. I continue to believe that a man as dedicated to strict SEC compliance as Roger (reminder: also a former Deloitte auditor and former SEC Investigation man himself) is NOT here simply because a bag of dough was dropped on his desk. For anyone that has ever dealt with large law firms, they know that clients are taken on selectively and I would argue HIGHLY selectively after the Bre-X scandal, particularly in the mining industry. And I would argue TRIPLE HIGHLY selectively when the man they hire is the guy whose publication addresses SEC compliance with the Sarbanes-Oxley Act of 2002 - AN ACT IN DIRECT RESPONSE TO BRE-X AND ENRON!!
I am as strong and long as ever. I too wish this were moving faster but, as predicted repeatedly by me, "now that the lawyers are involved, this will meet NOBODY'S time frame but the bashers." In addition to Roger, the list of other evidence continues to mount and grow ((Shore Gold's finds, the Geodak/TDEM survey, De Beers' odd behavior, Rick Kusmirski, share dividends, etc.). I have not sold a share. I am here to see this succeed. For now, I believe the boards have ceased to be a forum for exchange and learning and instead are controlled almost exclusively by rampant, highly charged emotion with little relevance to facts or genunine understanding. Sorry for the diatribe but that is how I see it. Again, good luck to us all. Ok, over and out for GOOD (until the next PR).
Z
Posts: 2 | From: Noblesville, IN | Registered: Oct 2004
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Posted by: shrewed In reply to: shrewed who wrote msg# 79312 Date:8/17/2004 12:31:22 PM Post #of 79848
why all the selling at .0004.......no, its not the naked shorting by hedge funds, its not UC or anyone else dumping, and its not the MMs shorting.
First, lets look at the MMs who get all the blame for shorting. The MM is an employee of a brokerage firm who generally works on commission. The MMs who work the "pinks" and the otc market are generally the ones with limited MM exoerience. The most senior MMs in a firm work the Nasdaq exchange and stocks like Microsoft and Intel. There, an MM must not only make a market but he must be a salesman as well trying to drum up orders with large sellers and buyers. On the Nasdaq, it is a very competative market for the MMs to make a profit in. For this reason, only the most experience MM is assigned here by his firm. So, where does that leave the "pinks"? The pinks gets the young, less experienced MM who is often a trainee. Because of that, the MMs are not given too much discretion to go outside their assigned role of making a market in any particular stock. And the idea that a MM or a group of MMs are billions of shares short on CKMX is a complete fairy tale. So, forget the idea that the MMs are shorting. It is just not happeneing.
So, who could be selling. Well, one possibilty which I don't think is happenning but I'll mention it anyways is the off-shore, professional shorters. These people do nothing but short penny stocks. They are well organized and have very deep pockets. They hire the bashers and have many of them to work a stock. They are assigned their stock and their shifts. Also, these shorters have people who do nothing but research on a company or its executives to find out all the dirt they can. Do you ever notice how these bashers have instant info at their finger tips....their researchers are giving them volumes of negative information from which they can draw on. But, the question is would they short a stock with so much potential positive info. coming. One major p/r could break them. You and I would not short here with very limited downside potential. And, the more experience, professional traders would not short here either. They may have shorted earlier , when CMKX was still trying to get itself off the ground. That's an ideal time to short, at the begining. They have now covered largely to save their hide from a potential financial disaster that could occur if the big p/r comes out.
So, there are no real shorts left despite what the official line is.
So, again, who is selling?
How about going back and looking at two events occuring in January. There was a hostile take-over attempt and there was an increase in a/s of 350 billion shares. I feel these two events are tied very closely together. I feel that, in order to block the take-over attemt, Urban placed these shares with insider investors with the promise that these shares must be sold back to the company. It worked and the take-over was stopped. Now, Urban is buying back these shares. Is he buying back all these shares.....of course not, Urban would have bought a large number of shares himself so as to lock up at least 51% of what he feels is necessary. Much of the remaining shares are being bought back at a pre agreeded price of .0004. The run to .0012 was simply a case of the stock getting away from them and they were force to come out with a "fluffy" p/r saying their drill results were only marginal in order to get the price back down to the .0004 level.
When Urban is finished with the re-alignment of these shares, we shall see the beginning of a major bull market in the pps.
Also, remember, this is the world's largest diamond field and the big boys are shut out. BHP, the owners of the Ekati mine in the Northwest Territories announced on Thurs. that they have turned down a take-over offer from an Isreali company wanting to get into the Canadian diamond play. BHP said they are making a great deal of money in diamonds and wish to expand there operations in Canada.
The big boys want our shares. We hold almost 1.9 million shares and we can't do it all ourselves. Look for the money to start to come forward......
I don't really care about shorts or who is selling or buying....I don't care where Sterling spent his holidays....I don't care what date the dividend is payable on......all I know is we have the claims and the big boys want them......just show me the money....
Sorry for rambling on and its all just my opinion of course....and, as I said, we have the land and the big boys want it....yes, yes, yes
Posts: 2 | From: Noblesville, IN | Registered: Oct 2004
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posted
"We hold almost 1.9 million shares"? I have over 12 million myself. Surely he meant billion and I'm not sure that could be right either.
Posts: 1005 | From: Grapevine, TX 76051 | Registered: Aug 2004
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quote:Originally posted by dwman: "We hold almost 1.9 million shares"? I have over 12 million myself. Surely he meant billion and I'm not sure that could be right either.
DW I stumbled over that one myself. I think he was talking about himself or his family or something.
Posts: 2 | From: Noblesville, IN | Registered: Oct 2004
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noah... sorry for incorrect spelling of your name. I used to work for NOAA.
Posts: 1005 | From: Grapevine, TX 76051 | Registered: Aug 2004
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my name is cash cow moo i make elmers glue i buy cmkx and so should you... im so happy i dont know what to do! MOO MOO MOO!!! and if you bash this board i wont like you ...you wish you were smart like sterling guru.....i dont what to do this lame rhyme is through MOO MOO MOO
Posts: 6949 | Registered: Apr 2004
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posted
so now it's not the MM's that are naked shorting...LOL maybe i'm an offshore trader..LOL I WISH let me give you another fairy tale...
somebody (deep pockets)we'll call them DP for short, bought a lot of stock XXXXX at .0001-- say 5 million$ dollars worth using a very low cost or free brokerage. DP bought for months and months..... now DP has hired several employees to "promote" stock XXXX, and they aren't affiliated with the company (other than being a shareholder. problem is, they can't unload their position without driving the PPS back down to .0001 so they have to hire a PR team to manufacture rumors and hire bashers to confront them, cuz you need turmoil to generate attention....
makes as much sense as anything else.. but it still means no naked short squeeze....which by the way we aren't seeing yet.... yes i have risked some credibility trying to find the truth here, was it/is it worth it? i doubt it...
quote:Originally posted by CashCowMoo: my name is cash cow moo i make elmers glue i buy cmkx and so should you... im so happy i dont know what to do! MOO MOO MOO!!! and if you bash this board i wont like you ...you wish you were smart like sterling guru.....i dont what to do this lame rhyme is through MOO MOO MOO
good one moo.. LOL i hope you are getting enuff H2O and shade over there...
posted
MOO MOO MOO its rhyme number 2! you thought the moo was through but my orders still go through....who woulda knew..one day glassman you can be wealthy 2! where is upside shoe his breath smells like poo even though we have differences i like him to...urban tie your shoe! the race to 1 dollar is on you! you better reward us investors if it werent for us youd be through and sellin glue to the canadian few who woulda knew ....im tired and through MOO MOO
Posts: 6949 | Registered: Apr 2004
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quote:my name is cash cow moo i make elmers glue i buy cmkx and so should you... im so happy i dont know what to do! MOO MOO MOO!!! and if you bash this board i wont like you ...you wish you were smart like sterling guru.....i dont what to do this lame rhyme is through MOO MOO MOO
Just so things remain fair and balanced, an opposing point of view:
My name is Upside, We're being taken for a ride, They closed the doors and we all cried, Ok I deserve it guys, tan my hide!
posted
thank ya noah for the post from where ever about no naked short. thats just what i';ve been saying. the reason to naked short cmkx is gone and has been for a few months. these shorters aren't stupid they know when to get out. cmkx isn't like a product or service stock where they need income to improve the bottom line. for 500 grand give or take cmkx can prove they have diamonds to mine. if they come back with good not even great test results do you really think it would be hard to get money to move forward? shorters know this too and would cover before that happened. it would be a no brainer.
Posts: 3651 | From: Algonac, MI. 48001 | Registered: Jun 2004
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• All class action claims were dismissed when we defended a public company, its directors and executive officers in securities fraud and insider trading class actions, filed in New York federal court." ___________________________________ Impressive! Bummer for the share holders of those cases tho....
posted
Moo MOO MOO....you tired of the moo? i bet you are boo hoo hoo!!!! if you milk my utters out comes diamonds not milk! silly you think moo gives milk!?!?!
Posts: 6949 | Registered: Apr 2004
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posted
Since these UCAD shares are restricted how will they be distributed? I use Ameritrade. Will they show up there in my account flagged in some way?
Posts: 73 | Registered: Sep 2004
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quote:Originally posted by safeguard: Since these UCAD shares are restricted how will they be distributed? I use Ameritrade. Will they show up there in my account flagged in some way?
I too have Ameritrade and am wondering the same thing--anybody know the proceedure?
Posts: 17 | From: Morongo Valley, CA USA | Registered: Jul 2004
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posted
the good news is that according to the Edwards and Angell LLP web site --
Our securities lawyers can do IPO's with the best of them, but they also know how to navigate the maze of Rule 144 issues and '40 act problems that vex fund managers.