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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 33)

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Author Topic: CMKX - V.... Holdin' it .......Lovin' the ride.
Wallace#1
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As I recall, anyone making application to list on the AMEX must show positive earnings. Wouldn't surprise me if NASDAQ is the same.
Therefore, I doubt that CMKX or UCAD would be the least bit qualified. That leaves OTCBB. CMKX purposely got off OTCBB because they apparently did not want to report information to the SEC and, therefore, to the public. Now, supposedly, they want to become a reporting company again? Why? Something does not add up here.

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byrdturd
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It's adding up fine to me

This stock is a risk, hence the pink sheet...

They have over 2 million acres worth of mineral rights and cliams... They have a digital computer map with GPS Cordinates to all the 'anomolies'...

They have cliams right next door to DeBeer's...

Despite the fact they haven't reported in over a year and went off OTCBB only to want to go back on again is a little uneasy however I think Roger Glenn and his team are trying to make us into a fully reporting company... and they also have a plan on how to go about doing this so it gives full support to CMKX and the shareholders...

Again, we KNOW they are not reporting, we understand that, I am willing to take this risk for 1000%+ gains

All we have to do is discover minerals and I think with the arieal scanning technology, we know where those minerals are...

I am still long and strong with my shares

My Nephew should be in this week, he seems excited that his forty dollars will make him part owner of a mining company

=============================================
WWJD=

Again, for me to go we need a PPS of over .03 or so.... but more like .05 lol...

Even then the trip would still cost me some money... so who knows if I'll go...

If for whatever reason it hit above .1 then you will see me there...

-John-

[This message has been edited by byrdturd (edited August 18, 2004).]


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WWJD-thru-me
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Hi John, I am assuming there is going to be a reason to celebrate. I have been buying more and feel very comfortable with this investment. If it goes to over .018 I will have a million dollars so I guess I could celebrate. But I am still expecting something bigger and better than that. I am fine with all the people who think that won't happen. Guess what? CMKX doesn't need anyones permission to find diamonds or sell some claims and/or reward their shareholders. I think they will.

So I am planning on going to Vegas and if the share price is still the same and no cash dividend or filing by then I will stay home in beautiful Massachestts. Now that the meetings are over (as far as I know) I expect we will get some good news soon. GLTA-IMO-Debi


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noahltl
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It makes sense to me to go off OTC to pinks if you don't want to publicly report.

You wouldn't want to publicly report if you were trying to withhold information from the shareholders, or the MM's.

You would want to withhold information from the shareholders if you wanted to operate a scam. You wouldn't get Roger Glenn if you were operating a scam.

You would want to withhold information from the MM's if you were setting them up for a short squeeze play.


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HarryHar
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Wallace you assume that any company that goes into Pinks and stops reporting, "does not add up" if they try to get out of pinks and become reporting again? THAT, doesn't add up. Any number of reasons as Noah pointed out, would make a company go to Pinks. And when that reason is gone, or if they want to rebuild credibility with its shareholders so that the PPS can move up with good news from the company operations, its next step is to move out of Pinks - precisely what CMKX is trying to do. You're running out of negative comments about this company...better start looking elsewhere.
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cool1sh
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If the pps goes more than 0020 or if we get a cash divy of at least 0005, I am going to Vegas.

quote:
Originally posted by WWJD-thru-me:
[b][/b]

[This message has been edited by cool1sh (edited August 18, 2004).]


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GatorMan
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quote:
Originally posted by WWJD-thru-me:
Good Morning All,

Is anyone going to the shareholders party in Vegas assuming we have a reason to celebrate? Anybody up on where we should be booking our accomodations? Thanks-Debi


I keep hearing about this shareholders party in Las Vegas. Where was it ever posted? Is this a company sponsored thing or just something people on this board are putting together?

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


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cool1sh
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http://www.ourbusinessweb.com/cmkx/vegas-party.asp

quote:
Originally posted by GatorMan:
I keep hearing about this shareholders party in Las Vegas. Where was it ever posted? Is this a company sponsored thing or just something people on this board are putting together?



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GatorMan
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quote:
Originally posted by cool1sh:
http://www.ourbusinessweb.com/cmkx/vegas-party.asp


OK, so someone put up a website to gather names of people going to the party. WHO'S SPONSORING THE PARTY? If CMKX then where is the PR anouncing it?

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


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noahltl
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The party is being sponsored by UCAD for shareholders. Guess we'll be shareholders by then. After each race, there has been a party for shareholders, there is a race that weekend. This is just being sponsored by UCAD this time. It is not being billed as a 'celebration' party or anything. Just a race party. It is expected to be bigger since it is in the hometown of LasVegas.
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cool1sh
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I dont know who is going to sponsor what. Melvin and Chris (from UCAD) confirmed ir on Paltalk. You don't have to give your SSN or credit card info, just your name and e-mail address.

quote:
Originally posted by GatorMan:
OK, so someone put up a website to gather names of people going to the party. WHO'S SPONSORING THE PARTY? If CMKX then where is the PR anouncing it?



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dwman
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Thanks Debi. Just got your reply "error, unable to find site to redirect to"
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noahltl
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I'm certainly going to try to go, but going would require a good dividend. A pps rise would be nice, but since I'm not selling too soon, a pps rise would not put extra money in my pocket, like a divvy would.
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cool1sh
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Volume is under 2B at 2:30PM. Anybody has any comments? VAN?!?
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dwman
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quote:
Originally posted by cool1sh:
Volume is under 2B at 2:30PM. Anybody has any comments? VAN?!?


Could it mean that MMs have stopped shuffling bogus shares back and forth?


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Razorman
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Im definately not going to Vegas...

Anyhow, for some odd reason, I am more at peace with this investment than many others I have made (even though other investments are more transparent).

Why can this be?
The fact that I threw in fun money, or perhaps the vast amount of DD available... or maybe its just the potential of the stock.

Either way, I'm here for the ride and enjoying it.

Long, long and longer.


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WWJD-thru-me
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dwman -I made a new link. Hopefully this one will work. -Debi
http://tinyurl.com/6czjy

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VNGNTN1
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quote:
Originally posted by cool1sh:
Volume is under 2B at 2:30PM. Anybody has any comments? VAN?!?

WELL I think we all wondering about many things (most already churn-posted ha ha). The 2b is a lot although less tahn previus days averages. I have had 4 buy orders in since early today and the two at .0004 just filled.
OK so I think there is a great deal of information floating out there about what will happen. I sit back and READ between the lines:ie take a quantity of seemingly unrelated data and move it around until @ pieces snap together like a puzzle. Then see if it fits other information I have. Generally I need 2 strong supporting points or three points before I begin to track importance of anything. In the past two weeks I have purchased "realtive" quantity of partner companys and tripled position in CMKX. REASONS ?? in order of importance
1-Attorney has not bailed
2-Partners stock have held up reasonbly ( to many people as ceo's & shareholders) view events with a positive bias.
3-Certain posters from years ago(who I respect for logic)have showed up with modestly positive comments.
4-Bashers still hard at it.
VAN
PS I am not posting as often because it the "people pickers" that have populated the board for the last few months waste so much of the good posters effort. When new news comes along we can all comment then. I have noticed other doing the same thing.

[This message has been edited by VNGNTN1 (edited August 18, 2004).]


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cool1sh
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Thanks for the comments Van.
The reason why I asked you is because I remember you saying the volume will go down (into a few million) when everything settles/stablises. The reason might be less fake volume like dwman said.
You are right, many people are posting less these days. Some people are praying for the PPS to go back to 0001 so that can do their evil laugh.
Good luck to all longs!!


quote:
Originally posted by VNGNTN1:
PS I am not posting as often because it the "people pickers" that have populated the board for the last few months waste so much of the good posters effort. When new news comes along we can all comment then. I have noticed other doing the same thing.


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noahltl
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Van, I give, what's a "people picker"?
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WWJD-thru-me
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Hi Van -Nice to see you back. I liked your comments I just read. I have been an infrequent poster on the CMKX board lately. It seemed to have been hijacked and I didn't have the time or energy to bother with negative poster's who have no vested interest in the outcome.

I found this post on another board and it supports one of the three theories I have about what could be going on. I think since the day to cover before the UCAD dividend passed without news; it supports the idea that the company didn't want a short squeeze on the share price. At least not then. That seems consistent with what we have seen and heard and not heard. If the number of short shares purchased was exceptionally high it may take a while for the buyback. It seems to have gone on forever so far. When it is completed and we get the news and the share count it may all make sense. IMO-Debi

From the Willey post - related reply:
maximusbraveheart
Re: Willy post of 8/17 10:28pm
Reply #6 on: Today at 08:53:42 »

Yes I think something funny is going on.... either what you said

(THAT URBAN IS SELLING HIS NAKED SHORT SHARES BACK TO THE MM'S AT A DISCOUNTED RATE AND THERE FOR NOW IS THE MONEY URBAN WILL GIVE BACK TO US SHARE HOLDERS AS A CASH DIVIDEND IN SEPTEMBER.
HE LETS THE MM'S OFF EASY WITH HIS NSS AS LONG AS THEY START PLAYING A FAIR GAME!!)

or if there are no shorts, then the idea that UC is buying back shares per an agreement from his friends that bought shares to avoid a hostile take over. I don't really think the 2nd idea is the case. That would be inconsistant with the stories they have claimed RE shorts. That would be lieing and the C's seem to be upstanding, which is unusual these days. I don't think these are normal MM doing this, they are not juniors but a ring of powerful people so it does make some sense that UC would make a deal with them. Otherwise I don't think they would ever cover, and there assets would dissapear overseas. They should get the screws to them but they hold the power so you have to deal with them until the law comes down. It appears they may have bought off the law also, so that is scarry.



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VNGNTN1
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COOL
Yes I said that, but 2b is a long way from millions ! The reason I made that statement is important to understand and has less to do with investing than math. As the stock price rises less people will be able to afford it, current investors who sell won't come back in because can't mentally pay $1 for a stock they just owned at .05. Institutions will begin to buy according to a plan( say once a month) and daily volume will drop. Volume is approximatly inverse proportion to price. Not many companys over $50 trading in the millions/day /avg
- - - - -
A people picker is one you picks the scabs of less sophisticated posters.
Many people here are learning and make comments that are not logical. We are all protected on board phiscally, but some cannot make the leap mentally to realize the insults,badgering,etc cannot affect thier decisions. Wallace#1(whoever that is) jumped me awhile back. I don't care what he thinks, It's my money and my wife says I"m doing great. Since I'm not sleeping with Wallace I"ll believe my wife. She's the one spending it.
PS I think Wallace and I are about same age, and he is giving old Farts a bad name.
VAN

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noahltl
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quote:
Originally posted by VNGNTN1:
COOL

- - - - -
A people picker is one you picks the scabs of less sophisticated posters.
Many people here are learning and make comments that are not logical. We are all protected on board phiscally, but some cannot make the leap mentally to realize the insults,badgering,etc cannot affect thier decisions. Wallace#1(whoever that is) jumped me awhile back. I don't care what he thinks, It's my money and my wife says I"m doing great. Since I'm not sleeping with Wallace I"ll believe my wife. She's the one spending it.
PS I think Wallace and I are about same age, and he is giving old Farts a bad name.
VAN


LOL Van, that's funny........and what makes it funny is the TRUTH of it.


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VNGNTN1
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REGARDING DIVIDENDS
For all you for whom this concept is foriegn, let me explain how it affects me.
I own 18m
$ invested average $5400
(IF REPORTS ARE CORRECT@15UCAD/1m)
I will receive 270 shares @ (current$5.25)=$1417.50 - Selling costs(2accounts$522)=$896
$896/5400=16.592% Anyone else been getting that at the bank??
VAN

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noahltl
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DrDiamond
Our Current Target Pipe and its potential
« Thread started on: Aug 16th, 2004, 11:44pm »

--------------------------------------------------------------------------------
From Melvins discussions he estimates the Approx 2.5 miles X 1.75 miles in diameter for our target pipe we are moving to. Just to bring things into a little light I can throw a little statistical information in here to hopefully brighten up your day. For calculations sake I figured the data on a 2 mile diameter instead of on the medium of 2.125 mile diameter.

In the Saskatchewan pipes, single bodies of kimberlite have been found to exceed 1/2 mile in diameter. A 1/2 mile in diameter pipe will contain an estimated 1 billion tons of kimberlite. Thats right 1 billion tons for a 1/2 mile diameter pipe. Plus if the diamonds are found in quantities of only 0.5 carat/ton of kimberlite, this would amount to a total reserve of 100 tons of diamond! Please note that I said only ½ carat per ton of kimberlite. Any single diamond could far exceed that per ton. But for the sake of being conservative and not being seen as being over zealous in our statistics we will go with only ½ carat per ton.

The reports are that some of these oreo cookies of ours are say 2 miles in diameter then obviously we are looking at 16 times that amount of the statistics found for the ½ mile diameter pipe.

If ½ mile diameter pipe had 1 billion tons of kimberlite and 100 tons of diamonds then we can reasonably calculate from there.

This would mean a 2 mile diameter pipe would reasonably have 16 billion tons of kimberlite with potentially 1600 tons of diamonds with each ruff carat worth in the neighborhood of $100 per ct. (The $100 per carat will differ depending on the size and luster, so $100 was a medium)

A carat is the unit of weight for diamonds and other gems. The metric carat of .200 grams, or 200 milligrams was adopted in the United States in 1913 and now standardized in the principle countries of the world.

This means it takes 5 carats to make a gram.

And there are 1,000,000 grams in a Metric Ton (2,204 pounds) or

5 million carats in 2,204 pounds.

2000 pounds = 1 ton

1600 ton = 3,200,000 pounds

3,200,000 pounds divided by 2,204 pounds (1 metric ton) = 1451.9056 metric tons

1451.9056 metric tons X 5 million carats = 7,259,528,000 carats

7,259,528,000 carats X $100 = $725,952,800,000 dollars
Seeing we are dealing in .5 carats per ton we now need to divide this by one half to get the true calculations.

$362.9764 billion dollars

This will give a little idea of some of the incredible intrinsic value and potentially PPS shattering ability that just ONE of these potential HUNDREDS of targets can have.

This is nice solid value that can put CMKX over the top and I hope our team in Saskatchewan brings this baby in soon. Over the top to me means we could begin legitimately seeing an acceptable price per share range with an oreo or 2 like this even if we had a 500 billion O/S.

Our Saskatchewan adventure group comprised of Urban, Roger, and all of our JV partners I believe will yield some of the true value of CMKX and give birth to future expectations and events that will continue to unfold over the next few years. I believe everything is going according to plan and these oreos that are being targeted for CMKX are measuring a diametrical size and estimated volume that are humongous compared to some of the other pipes in the area.

We have a great infratructure in the area and the est revenue generated by one oreo with a diameter of 2 miles as we have seen can be in excess of $400 to $600 billion dollars gross. The est cost for removing the minerals is $10.50 per ton, but this is without any kind of infrastructure calculated in. We know we have a very good infrastructure in place around some of these cookies, such as the one we are working on this week so the cost per ton would be reduced by at least 25% in my estimations. The est cost of recovering these minerals would be $10.5 billion per 1 billion tons of kimberlite. And if you calculate a 25% reduction for infrastructure in place then the cost would drop to $7.875 billion per 1 billion tons of kimberlite.

We could be looking at 16 billion tons of kimberlite in an Oreo Pipe with a 2 mile diameter and the cost could be calculated as being
$168 billion dollars = $10.5 per ton X 16 billion tons
$126 billion dollars = $7.875 (with infrastructure in place) per ton X 16 billion tons

$22.625 billion dollars est revenue for ½ carat per ton of kimberlite recovered per each 1 billion tons of kimberlite recovered with an average carat price being $100 where the higher quality diamonds are est to be near $200 per carat or more. The size of the diamonds also moves the value of each up exponentially and usually the value increases 4 times per carat size.
This means a 1 carat diamond in the rough could be worth $100 - $200
But a 2 carat diamond in the rough could be worth upwards of $400 - $800
And a 3 carat diamond in the rough could be worth upwards of $1600 - $3200.
Etc… This is very much within the bounds of expectation for the Fort a la Corne area.
So the values could become multiplied many times over depending on the size of the diamonds.

We are talking 16 billion tons of kimberlite in an Oreo of this size so we have to multiply the est 1 billion tons value of $22.625 billion dollars by 16.
$22.625 X 16 = $362 billion dollars (Plus any multiples because of diamond sizes)
subtract the recovery cost based on the $10.50 per ton removal and we see
$362 billion - $168 billion = $194 billion profit after costs.
This is not counting any other minerals in the pipe that can be processed and income generated on them are just an additional bonus to the profit after costs.

If we see this minimum calculation of $194 billion profit potential from 1 OREO pipe and our oreo pipes have been estimated at 100 with hundreds of other anomalies capable of producing fractionally below this Oreo then we are in great shape.

$194 billion X 10 Oreos = $1.94 Trillion dollars profit after cost

If we use the 25% infrastructure cost reduction percenatge we get:
$362 billion dollars - $126 billion dollars = $236 billion dollars and 10 Oreo pipes would bring $2.36 Trillion dollars.

Take the Net profit from 1 Oreo pipe of $194 billion dollars and break that down by a 500 billion possible O/S or A/S and you get a potential 38.8 cent cash dividend per share with hundreds more witing in the wings plus other minerals that we know are present and capable of generating additional income into any potential cash dividend that may be coming from these Oreo’s. Plus this will add true value to the company and the shares and our PPS would go out of sight in my opinion.

This isn’t hype or a nonsensical guess at what could be for us some where in the sweet bye and bye. Our boys are standing on the site and the drill rig is throwing out some RPM’s and should be boring away as I write this. I eagerly wait and aniticpate a successful core sample as we are all aware of the TDEM capabilities and I believe Roger, Urban and the team are very confident and expectations are high. News should come soon in my calculations.
This has been adjusted to fit the formula which many others helped in assembling the calculations on. Thanks all. Just my opinions and I ask that you treat them as such.

Below is a contribution by “Bo” from the IHUB Board. Thanks “Bo” for the hard work and addition you made to this thread.

Dr.D


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dwman
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Debi
I found the Christian Traders board and Grace Notes but it won't let me access as a guest. I tried several times to register and it says that the password has been sent to my email address but it never sends it.

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WWJD-thru-me
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dwman- I will make sure the password gets to you. -Debi I had the same problem.
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bill1352
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well no cover at least as of yet. now its UC selling back naked shares to save the market. i believe that at one time cmkx was shorted to huge amounts but that time passed awhile ago. for awhile ppl have believed that roger was here to take us to amex not otc maybe because they thought the naked short cover would drive the pps up to a point where you could ask to be listed on a bigger board. now i'm not sure about NASDAQ small cap but i do think its the same, you have to hold a $1 pps fo 30 days to even ask forget any other requirments and i'm sure its the same at AMEX now either we get news that makes us all millioniares very quickly or we get a r/s from h**l to get to this requirement. one day cmkx will be over $1 but that day is a couple of yrs from now or at least till they do bulk sampling and test reports say its a huge hit. the mm's sure cant be worried about covering any naked short either with ucad shares or a buy back because the pps would have gone way up to get ppl to sell and if ya notice ucad's volume sure doesn't look like mm's are buying it to cover. maybe UC has billions of shares for mm's to cover with but i'm still believing no naked short. it would be nice if i'm wrong though.
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dwman
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Thanks for the help Debi. I finally got registered.
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VNGNTN1
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DEBI
I am intrested also!
VAN

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quote:
Originally posted by noahltl:
DrDiamond
Our Current Target Pipe and its potential
« Thread started on: Aug 16th, 2004, 11:44pm »


The only important thing from this is that the same volcanic activity produced a large quantity & quality of Kimberlite which has already been documented by Shore Gold.
VAN


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tic_toc
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BINGO! and we are rumoured to be sat on the biggest kimberlite pipe in the world
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VNGNTN1
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TIC-TOC
Since we agree on that. I would be intrested in the time period now to 9/30!
My feeling is there will be a series of PR'S some BIG some small, but all in the direction of becoming a REAL company.It seems to me that there is a large pentup supply of un-released data (survey data, company structure, product mix, Partner contracts, etc)
VAN

[This message has been edited by VNGNTN1 (edited August 18, 2004).]


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Anyone interested in the timeframe of diamond mining from the exploration phase to the actual mining should check out this site:
http://www.diavik.ca/history.htm

I'd say CMKX is on about the 4th step or, roughly where Diavik was in 1994/1995.


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Its possible that a lot of information will be made public over the next 6 weeks. If we do a see a significant rise in the pps then I will not hesitate to sell some of my position, UCAD dividend or not. $180 worh of restricted shares is not gonna keep me from selling out for $100,000. I have a short term target of around .06 for 2 million. The rest can stay long while a go travelling. YES. I am dreaming.
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