posted
via Adidas(fellow CMKXer),thanks. I love a good play by play.
Notes from Melvin Paltalk session --------------------------------------------------------- Starts by playing Bad to the Bone and announcing Uncle Melvie is in the house.
NOt too much going on here today. I shouldn't say that. That's not entirely true either. Market was kinda weird. People think something bigger and better come Monday. I'm not gonna build your hopes up for the weekend. I don't know what to say. I'm in a pretty good mood [chuckle]. I'll just leave it at that.
Any questions?
Q. Did Janice Shell call and say "Hi" A. No. I was looking forward to talking to Janice and chewing the fat and I was a bit dissappointed.
Q. Are we still retiring shares? A. Yes as far as I know we've retiring shares for a year. Everytime I ask Urban I get the same answer, "still retiring shares."
Q. Are we at 150 feet drilling or more? A. I imagine we are further down than that. I've haven't spoken to Ron but that was a couple days ago. I'll find out later and keep you updated.
*** UCAD PR OUT ***
Melvin was aware of the PR and suggested everyone go read it. [My take is that this may be a headquarter site for a combined entity. Just my opinion from PaltalkNews](Adidas' opinion)
Q. Have you seen carolyn lab results yet. A. No. I was expecting them but did not get them today so I guess that is the end of that story.
Q. Was the UCAD PR the result of the meetings this week. A. I have no idea. I couldn't tell you. I don't work for UCAD.
Q. Is your excitement based on what you see coming for the company or are you just having a good weekend. Could you clarify that? A. laughs. You old sly dog you. You asking me that from a different angle. My excitement is coming down the pipe folks. I'm not gonna lie to ya.
MarketView guy talking to Melvin. He is a daytrader and doesn't do anything with pinksheets. Some of his listeners mentioned it and he is researching the company. Feels we have a lot of "passionate" people. Inviting Melvin to be on MarketView show broadcast to a variety of places.
Melvin stating: You have stummbled upon the biggest and best publicly traded company right now. We are happy to have you and are gracious you joined us. Thank you for coming.
Q. Does CMKX have plan in place for bulk sampling? A. I don't think so. It is too early. A plan would not take too long. We have a plan for where we are right now. We will implement this plan, make sure it works then we will move on to another plan.
Q. Will we be seeing a PR soon from the meeting last week. A. I imagine Roger and Urban are putting a PR with a summary of what transpired [chuckles] we'll probably see that some time in the very near future.
Melvin talking about charitable contributions. A gentleman mentioned donating to aplastic anemia foundation. Melvin is very touched.
Q. Do you know when carolyn results will be in? A. I was hoping for results today but looks like that aint gonna happen. Here we sit and wait again.
Q. Is this another Friday pump with no real news to follow? A. I'm just gonna pump up the company. It's Friday afternoon. I'm gonna pump. NOT (sarcastic)
Q. Is it possible that carolyn samples were routed to someone else before you get a copy? A. ya. that is the way it happens. Geologist gets them then gives them to UC then it goes to me. Uncle Melvie is low on the totem pole when it comes to things like that.
Q. Is Citigroup actions beneficial to this company? A. I don't know anything about that company so I will reserve comment on that one.
Q. Is the company in negotiations with regards to any of the properites up there (carolyn pipe, etc.) Is there a bidding war going on? A. I can't comment on who we are negotiating with. Think about it. I can't comment on a bidding war.
Q. Will CMKX move to the new facilities in UCAD PR? A. I have no idea. Couldn't tell ya.
Q. How many feet per day are we drilling? A. Last I heard was 150 ft. I haven't spoken to anyone for a day and a half. If everything is going good... I won't even guess. Depends on what we are going through. I may drive up tonight and should have an answer tomorrow or Monday.
Q. When can we have an open chat with the geologist? A. I spoke with Ralph yesterday and I think we can set this up soon. I'm working on it.
Q. When doing a core sample, will the drill bit chew up a good size diamond. A. No. Diamonds are the hardest.
Q. What is the OS? A. laughs.
If I sound like I'm in a good mood it is because I am. I have my reasons. I'm not gonna say it but you people should be in a good mood here.
Q. Last week you mentioned that you were looking at something on your desk that would make investors happy at some point in time. Can you expound and will that excitement reach a peak this week. A. I said that? I need my head examined. I don't remember saying that?
Q. Can you comment for Ralph's experience. A. Ralph has a good resume. Geologist for 35-40 years. Done everything from diamond things to gold uranium. His credential are pretty darn impressive. You can ask him that when he gets on here.
Q. Earlier you said you were happy and we should be happy as well. Could you explain that statement. A. Sure I can. Don't read into what I'm saying. It's the weekend. People are supposed to be happy on the weekend. But you folks read that we will be getting this and such on the weekend. I'm just saying it is the weekend. That is it.
Q. Could you explain horizontal drilling? A. Like Shore Gold is doing. They dig themselves a big hole 10-20 feet. They then lower a bucket with a crane into the hole and they send miners down to drill holes in the side of the major hole and they dig tunnels outwards. All the stuff they take out is put in bucket and is put in big piled. This is what you call bulk sampling.
Q. Your excitement for the shareholder... Does it reach a peak this week or in the very near future. Can you elaborate. A. hah, hah, hah. Labrian, you break me up. No I'm not even gonna answer that one. Everyone is great at assumptions around here so you people make up your own assumptions okay.
Someone politely commenting that Melvin can be misleading. For instance comments about this weekend.
Melvin: you hit the nail on the head. Even my wife says I like to flap my lips. People hang on every word I say. Perhaps I should watch what I say. I'm trying my darndest. People read into what I say a lot. Maybe it is just the way I say it. Please accept my deepest apologies. I'm not a pumper by no means.
Uncle Melvie gets excited sometimes especially when there is good news. Put yourself in my shows. When I do get good news and I'm not allowed to say anything. I'm a bubbly guy and like to play music and things. It is really tough for me to know what I know and not be able to tell you folks. Whether it be good news or bad news. It is easy to tell people bad news. I hope you can appreciate where I am coming from.
I never met 97% of you but I love you people to death and respect each and every one of you. There is so much I wish I could tell you and it hurts me that I can't. But it is my job and I have to learn to control my emotions. I've been blessed but on the other hand that I have to watch what I say and how to say it. You people can hear my voice and sometimes see my picture. You know how excited I can be. That is not that good.
I have to learn to be more professional. Now, when I say more professional, I'm not going to sit here like a stone and say "no comment" "I'll get back to you". I'm not gonna just be a rock. I like to talk to people in a civilized manner. That is just the way it is. I've got to learn to control my emotions and how I say things becasue people perceive what I say is very important.
I apologize if I sound upbeat. But I am upbeat. Is it because of what is coming down the pipe. No. If I made a comment about something on my desk making shareholders happy, I should get slapped. If I did say it, I profusely apologize. I would never try to manipulate you people or give bad advice. Or pump this company up all weekend so you are let down on Monday. You are my friends and I love you guys. I'm sorry if I offended any of you or misled any of you. My intentions are good. I need to learn to control my emotions.
[This message has been edited by highwaychild (edited August 20, 2004).]
Posts: 2634 | From: The highway | Registered: Feb 2004
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welcome shadow, debi and buzz. Glad to see your doing your homework
Posts: 109 | From: Mulberry Grove, IL 62262 | Registered: Aug 2004
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LIC which purchased part of UCAD for 9 mill. Here is there goal. UCAD is one of 23 companies who have entered into or will enter into like agreements with this fund. Who owns the fund?
quote: Quintek Enters Into Agreement With London Investment Company for thePurchase of $2.38 million of Quintek Common Stock
HUNTINGTON BEACH, Calif., Aug 05, 2004 (PRIMEZONE via COMTEX) -- Quintek Technologies, Inc. (OTCBB:QTEK) announced today that it has signed an agreement with a private investment company for the purchase, by the investment company, of $2.38 million of Quintek's restricted common stock in exchange for tradable shares of the investment company. The investment company's proposed portfolio consists of investments in 23 U.S. based micro cap companies currently valued at $139 million.
The investment company is a newly formed London-based company that applied for its shares to be admitted to trading on the London Stock Exchange as an investment trust on August 2, 2004. Once the investment company shares are admitted for trading on the London Exchange, the agreement with Quintek goes into effect. The investment company has been established specifically to invest in U.S. micro cap companies with long term growth potential. The investment company expects its shares to be trading on the London Stock Exchange by September 30, 2004.
"This investment will significantly increase the asset base of Quintek providing for more financial stability," said Andrew Haag, CFO of Quintek. "This increase in assets, coupled with our restructuring efforts to reduce liabilities, should represent a dramatic change in the financial condition of Quintek, which should be evident in our upcoming filing for the Quarter ending June 30, 2004."
Robert Steele, CEO of Quintek commented, "Quintek is 1 of 23 companies selected by the managers of this fund from the universe of U.S. micro cap companies." He continued, "This solid vote of confidence from an institutional investor indicates that the interest in Quintek is growing. As we build momentum and move forward with our aggressive growth plan, we hope to see more interest from individual and institutional investors."
The investment company has entered into a "lock-up" agreement with Quintek pursuant to which it has agreed not to trade the Quintek shares it will receive as a result of this transaction, for a period of two years from the closing date. In full payment for the shares of Quintek, the investment company will issue to Quintek USD $2.38 million equivalent of its shares at a price per share valued at One Pound Sterling.
Fifty percent of the investment company's shares will be held in escrow for two years following their issuance and in the event the per share market price of the Quintek common stock at such time is less than the per share value of the Quintek stock at the time of the closing, the investment company shall be entitled to receive out of escrow a percentage of the shares equal to the percentage of such decline. The remaining shares held in escrow shall be released to Quintek at such time. The closing of this transaction is subject to certain contingencies, including the listing of the investment company shares on the London Stock Exchange on or before September 30, 2004.
About Quintek
Quintek Technologies, Inc. has been a manufacturer of hardware and software and a service provider to the corporate and public sector markets since 1991. The Company's new division, Quintek Services Inc. (QSI) delivers Business Process Outsourcing (BPO) services and Information Lifecycle Management (ILM) solutions to document intensive industries such as public utilities, healthcare, insurance, financial, legal, telecommunications and manufacturing.
The solutions and services the Company provides enable organizations to secure and manage their information and document business processes more efficiently. The Aberdeen Group, a provider of IT market intelligence, forecasts 13 percent annual growth for the BPO industry through 2005, when the market is projected to reach $248 billion.
"Safe-Harbor" Statement Under the Private Securities Litigation Reform Act of 1995
This press release contains forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), including statements regarding potential sales, the success of the company's business, as well as statements that include the word "believe" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Quintek to differ materially from those implied or expressed by such forward-looking statements. Such factors include, among others, the risk factors included in Quintek's Annual Report on Form 10-KSB for the fiscal year ended June 30, 2002 and any subsequent reports filed with the SEC under the Exchange Act. This press release speaks as of the date first set forth above and Quintek assumes no responsibility to update the information included herein for events occurring after the date hereof. Actual results could differ materially from those anticipated due to factors such as the lack of capital, inability to secure funding, timely development of products, inability to deliver products when ordered, inability of potential customers to pay for ordered products, and political and economic risks inherent in international trade.
SOURCE: Quintek Technologies
By Staff CONTACT: Quintek Technologies Andrew Haag, Chief Financial Officer (714) 848-QSI1 ahaag@quintek.com Investor Relations Cinapsys, Inc. Mark Moline (866) EASY-IRM, Toll Free (949) 497-6684, Direct mark@cinapsys.com
(C) 2004 PRIMEZONE, All rights reserved.
-0-
[This message has been edited by RaiderJR (edited August 21, 2004).]
Posts: 279 | From: Neodesha Ks USA | Registered: Jun 2004
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Raider, as one of the biggest proponent of CMKX on this board has pointed out on numerous occassions, MANY, NOT ALL, of these types of calitalization companies are in reality, just paper mills. Some of them are set up to swap shares between them... this makes it difficult to identify dilution of shares unless you are "hip" to their games....they might invest in good companies, but GOOD companies can go to numerous capitalization venues, like GE or duPont. or Wachovia.....most of the time this is a prelude to issuing more shares into the float......but the PR sounds promising... Posts: 36378 | From: USA | Registered: Sep 2003
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Shadow: I have had my 7.9 mil for about 9 mos I bought them at 0.0001. I am seriously thinking about adding more this coming week, if I can get them at 0.0003. But who knows if PR comes out this week-end or on Monday it maybe to late. Actually, I would hope that it will be to late to buy more at that price, I would rather see a higher PPS and collect on what I already have. I also have shares in QBID which I anticipate will rock this coming week, on a release of PR and being so close to the launch.
------------------ "If We Agree To Disagree, Then We Can Remain friends"
Posts: 4727 | From: Elk Grove ( Sacramento )CA USA | Registered: Jun 2004
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To sum this up, it seems Nevada minerals was foreclosed and possibly on the verge of bankruptcy. They sold 500,000 acres of rights to UC and lost this property to foreclosure.
In the foreclosure the president of lear and his company buys 51% of the property and UCAD exercises an option to buy what I think is the rest.
From what we have determined from pr's we are now connected to...
1. Cameco a stock owner of UCAD.
2. Ramoil Management - owned by former president of Lear
3. A new investment group in England, no one knows their connections yet as far as I can tell.
4. Roger Glenn
And we own the mineral rights. This is big stuff.
Posts: 279 | From: Neodesha Ks USA | Registered: Jun 2004
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here's one on a stock i am accumulating as it drops...notice i am not always against this type of capitaliztion but the float on this company is SO LOW already that i am gald to see it able to trade more...
PROSPECTUS DISTRIBUTION MANAGEMENT SERVICES, INC. 10,000,000 SHARES OF COMMON STOCK This prospectus relates to the sale of up to 10,000,000 shares of Distribution Management Services, Inc.'s ("DMS") common stock by certain persons who are stockholders of DMS and Cornell Capital Partners, L.P. ("Cornell Capital Partners") who is beneficially a stockholder of DMS. Please refer to "Selling Stockholders" beginning on page 13. DMS is not selling any shares of common stock in this offering and therefore will not receive any proceeds from this offering. DMS will, however, receive
[This message has been edited by glassman (edited August 21, 2004).]
posted
possible timeline for real pr needed as in diamond content....at 150 ft per day as stated by melvin you get 1500 ft in ten days say they go to 2000 ft on this hole for safety sake lets give then 20 days per hole and 5 days between holes to move equipment. they are drilling a 2 1/2 inch hole so not much can be known about real content unless they get lucky and hit the right spot. so for 2 holes we are looking at the end of sept. or into oct. before done. from there it goes to testing which as we know can take 4 to 6 months before results are in. we are now into march or april before we have a clue as to whats in the ground and that is only a couple of 2 1/2 inch views. as it is clear UC has no intention of letting us know the share structure any time soon, we will know the o/s within the next 2 months from delievery of ucad shares, cim shares & juinia shares. if cmkx is naked shorted its clear the mm's aren't planning on covering or they would have before ucad dividend either that or they did and it had no effect on the pps. since the o/s is probably 483 billion which is more then close to 20 of the top fotune 500 companies added together chances are good that the current pps of .0003 to .0004 will be there into next yr. its possible that other things might factor in to raise it but it shouldn't be too suprising it its there in march. this of course is just my opinion based on the tiny bits of info we do have.
Posts: 3651 | From: Algonac, MI. 48001 | Registered: Jun 2004
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Is it common in the penny stock market to have these "paper mills"? So basically you have a company with no real agenda other than to raise money for their own benefit? What happens in those cases, as far as the shareholders are concerned?
Posts: 109 | From: Mulberry Grove, IL 62262 | Registered: Aug 2004
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Is it common in the penny stock market to have these "paper mills"? So basically you have a company with no real agenda other than to raise money for their own benefit? What happens in those cases, as far as the shareholders are concerned?
it is commmon in the pennies...not just the pinks, the OTCBB too.... i can't honestly say i know the intentions of any specific CEO of any company... BUT it is common practice to reverse split, and issue more shares to "raise working capital"--
it is common to "swap" shares and call it funding.....
the PPS goes down --UNLESS something worthwhile comes of the funding... CMKX has no revenues--no major investment in mining equipment... they have drilled a few 2.5 inch holes in the ground...that over how many acres????? millions???? they need to be drilling thousands of holes to cover their claims.....
if they PROVE a huge diamond find worth 100's of billions, they will be able to get a loan from GE to get it... GE will be taking your "profits" off the top..... this isn't a get-rich quick comapny like some of the people are trying to tell you... it's a very long-term -very risky micro-penny play.. goodluck
posted
bill wrote: possible timeline for real pr needed as in diamond content....at 150 ft per day as stated by melvin you get 1500 ft in ten days say they go to 2000 ft on this hole for safety sake lets give then 20 days per hole and 5 days between holes to move equipment. they are drilling a 2 1/2 inch hole so not much can be known about real content unless they get lucky and hit the right spot. so for 2 holes we are looking at the end of sept. or into oct. before done. from there it goes to testing which as we know can take 4 to 6 months before results are in. we are now into march or april before we have a clue as to whats in the ground and that is only a couple of 2 1/2 inch views. as it is clear UC has no intention of letting us know the share structure any time soon, we will know the o/s within the next 2 months from delievery of ucad shares, cim shares & juinia shares. if cmkx is naked shorted its clear the mm's aren't planning on covering or they would have before ucad dividend either that or they did and it had no effect on the pps. since the o/s is probably 483 billion which is more then close to 20 of the top fotune 500 companies added together chances are good that the current pps of .0003 to .0004 will be there into next yr. its possible that other things might factor in to raise it but it shouldn't be too suprising it its there in march. this of course is just my opinion based on the tiny bits of info we do have. --------------------------------------------- Hi Bill, I read on a message board (and we know how reliable that makes this) that drilling 2 1/2 inches is more unusual and is a very good sign. It usually indicates a likelihood of diamonds. We are having a huge thunderstorm so I will log off and try to find the reference later. -Debi Posts: 1188 | From: Clinton, MA 01510 | Registered: Jan 2004
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using 2.5 inch drills is very unlikely to turn in high values UNLESS there are a LOT of diamonds.... bulk sampling is required to detemine the true value..... this requires hundreds of tons of kimberlite to process.... 2.5 is like one straw in the GREAT LAKES
Posts: 36378 | From: USA | Registered: Sep 2003
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In a post I've read there has been talk of horizontal drilling.That's an interesting concept.Now that sounds to me like it would be like scuba diving with a harpoon.
[This message has been edited by highwaychild (edited August 21, 2004).]
Posts: 2634 | From: The highway | Registered: Feb 2004
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maybe they have camera's on those drill bits???? NOT!!!!!!!!!!!!!!!!!1 i am constantly amazed about the amount of disinformation that has been absorbed here....it's sad.....
[This message has been edited by glassman (edited August 21, 2004).]
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[QUOTE]Originally posted by glassman: [B]hey highway, bring us the post and i'll do my best to destroy it's credibility--it shouldn't be too hard, probly written by sterling..LOL
common sense people ---2.5 inches of drill bit----in acres.. i suppose they will send a SCUBA diver down the hole to look around after????LOL
posted
very good raider.... i wish that more of the posts came from reasonable people like you .... fact is, if they pop a big rock off the mini-sample, the whole world will be in this thing..... for a few days..... that is what all the excitement should be about... but encouraging people to buy 50K$ worth at these prices???? the spread is gonna hurt.......
and the PR would have been out long ago if they had one already.. that crap about Melvin seeing something on his desk--REVOLTING behaviour...should make anybody scream and run.... perfectly legal, but morally reprehensible....
posted
It was allready on this thread...Question to Melvin... Q. Could you explain horizontal drilling? A. Like Shore Gold is doing. They dig themselves a big hole 10-20 feet. They then lower a bucket with a crane into the hole and they send miners down to drill holes in the side of the major hole and they dig tunnels outwards. All the stuff they take out is put in bucket and is put in big piled. This is what you call bulk sampling.
So stick your straw up your Glass man.HA HA HA
Posts: 2634 | From: The highway | Registered: Feb 2004
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This from a Ramoil filing, seems they use dividends to bust naked shorts.
quote: RAMOIL MANAGEMENT: Board Approves Liquidating Spin-Off of Unit -------------------------------------------------------------- Ramoil Management, Ltd. (OTC Pink Sheets: RAMO), Monday night reached a decision with the Board of Directors that it is in the best interest of its shareholders to liquidate and pay a dividend to the shareholders of Ramoil Management, Ltd. by year- end.
The newly elected President, Richard Ross said, "The dividend would be allocated and distributed after the JUMP Automotive Experts subsidiary spin-off through an 'F' reorganization plan which would leave the survivorship of a targeted, OTC Small-Cap Nasdaq company. As part of the final definitive agreement, once accepted by both the Board of Directors and our select Team of highly recognized automotive managers, the 'Team' would then take complete charge of the surviving entity which is still to be known as JUMP Automotive Experts, Inc., however, as an OTC Small-Cap Nasdaq publicly traded company. The dividend paid to the Ramoil Management, Ltd. shareholders could happen near Christmas, although the dividend paid out will be considerably higher than the current trading price of RAMO shares. Therefore, the end result we could see is that the nineteen (19) market makers that participated in a quad print trading market from 1997 to year-end 2000 will leave us all curious as to how they will cover their short positions."
The company's CEO, Gary Walters has very diligently evaluated the company's stock, stated Ross. "The fact is that the CEO of this once fledging company has put a floor back under the company's trading as it has demonstrated an average trading volume for the last 30 days of 191,000 shares daily, with the shares fluctuating between one tenth of a penny and $.05 per share. Having known all of this is public knowledge our management considered alternatives for the benefit of our shareholders and the Company by obtaining a recent commitment, and ongoing negotiations to reach the final agreement for our targeted acquisitions, two of which could be completed by year- end. This would provide to the dividend paying company, JUMP Automotive Experts, Inc. assets of approximately $600 million and $30.1 million EBITDA. This would be enough to attract the attention of other larger investment banking firms. The market cap is expected to be approximately $620 million with a book value of approximately $5.00 per share. That equates to a $.05 share of RAMO receiving a $5.00 dividend of JUMP Automotive Experts, Inc., a contemplated Small-Cap Company. In all honesty if we can make this happen for our shareholders what a blessing this would bring to the holidays," said Richard Ross, newly appointed President of Ramoil Management, Ltd.
Posts: 279 | From: Neodesha Ks USA | Registered: Jun 2004
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quote:Originally posted by highwaychild: It was allready on this thread...Question to Melvin... Q. Could you explain horizontal drilling? A. Like Shore Gold is doing. They dig themselves a big hole 10-20 feet. They then lower a bucket with a crane into the hole and they send miners down to drill holes in the side of the major hole and they dig tunnels outwards. All the stuff they take out is put in bucket and is put in big piled. This is what you call bulk sampling.
So stick your straw up your Glass man.HA HA HA
CMKX is doing that????? funny i don't think Melvin was saying CMKX was doing that...just more innuendo......
Q. Does CMKX have plan in place for bulk sampling? A. I don't think so. It is too early. A plan would not take too long. We have a plan for where we are right now. We will implement this plan, make sure it works then we will move on to another plan.
more sadness, can't save you from yourself
but i might save a couple hundred newbies from believing your lies
posted
[QUOTE]Originally posted by RaiderJR: This from a Ramoil filing, seems they use dividends to bust naked shorts.
filing would imply they are SEC regulated.... PR is more like it.....
latest PR sounds a lot olike CMKX too HMMMM
2004-08-13 01:20:04
Ramoil Management Ltd. Acquires 51% of New Concept Mining, Inc.
***
Business Editors LAS VEGAS--(BUSINESS WIRE)--RAMO-- Ramoil Management Ltd. (PINK SHEETS:RAMO) has acquired a 51% interest in New Concept Mining, Inc., a Nevada corporation, it was announced here today. New Concept Mining owns a 400-acre parcel of land comprising a defunct industrial-metals mine in the Tempiute District of Lincoln County, Nevada. At the same time, Ramoil announced the completion of a corporate reorganization, and the appointment of a new CEO to lead the company's future growth. Among the infrastructure comprising the property acquired with New Concept are 88,400 square feet of industrial and office buildings, certain riparian rights to more than 515.6 acre-feet of water annually drawn from two wells, and an electric power sub-station with a long-term low-cost power supply contract. The entire property, which is subject to a first mortgage with a balance of approximately $1.4 million, has been appraised by Standard & Poor's to have a current market value of $17,890,000. The mine has a large position of Tungsten that is thought to appraise at $ 225 million at current market prices in addition to other minerals and water rights that have not yet been fully valued. Among the features of the just-completed corporate reorganization is a 1-for-1,000 reverse split of the Company's common stock, effective Monday, August 16, 2004. The new CEO of Ramoil, Mr. Stephen D. Cummins, has many years of leadership experience
[This message has been edited by glassman (edited August 21, 2004).]
posted
Well no crap?!?Gman You do a mini sample,witch CMKX has done,before you do a bulk sample.
Posts: 2634 | From: The highway | Registered: Feb 2004
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Hi RaiderJR -Thanks for the post. It certainly highlights one avenue that has been discussed for beating the MM's at their own game. It also gives us another stock to buy with huge potential.
This is one of the reasons the various shells that CMKX has doesn't concern me. What matters is what will I have at the end of the line. I have chosen to believe that UC is trying to do right by his shareholders. I think Roger Glenn is a winner and I feel fortunate to have the shares I have. This is my opinion of one possibility that this company has to give a phenomenal return. -Debi
Posts: 1188 | From: Clinton, MA 01510 | Registered: Jan 2004
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quote:Originally posted by highwaychild: In a post I've read there has been talk of horizontal drilling.That's an interesting concept.Now that sounds to me like it would be like scuba diving with a harpoon.
[This message has been edited by highwaychild (edited August 21, 2004).]
and your point????? the "talk" was a question put to MELVIN answered in the negative but you insinuate???????????
posted
About 1/2 of the sample was tested I think, and the results came up diamondiferious.Then it ran up 1000%.Then you were gone for a long time,now here we are again.
[This message has been edited by highwaychild (edited August 21, 2004).]
Posts: 2634 | From: The highway | Registered: Feb 2004
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Hi Glass-If you go back to the top of the thread I said 2 1/2 inch holes not 2 1/2 inch drills. I still haven't gone back to look for the original article I read. There is so much good stuff to read. Someone (Raider?)talked about it being to sample chemicals in the soil. Sounds about right. I do know that they are really looking more for the best places for large samples. Our newest kimberlite pipe is a huge so to do a traditional core sample in a few places would possibly miss the best places.
IMO-Debi
Posts: 1188 | From: Clinton, MA 01510 | Registered: Jan 2004
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