posted
ok...reading the SGGM venture..... 200 billion shares of a comapany with a .10 PPS looks nice.... BUT... the 60 day avge prices is only .0052$ and that is with a 60day avge volume of 11,388 shares.....
these are more restricted shares...don't start counting your dollars just yet....
i hope the drilling pulls up some diamonds this time... good luck...
posted
something else to ponder too, while you curse me for being the basher that i'm NOT....
this is MORE dilution of YOUR mineral holdings...the only thing you do own right now... the only thing i have ever told you to expect is MORE DILUTION......
Gold reserves located by St. George Metals - Alloying & Precious Metals American Metal Market, March 7, 1991 by Christopher Munford
Gold reserves located by St. George Metals
NEW YORK -- St. George Metals Inc., Houston, said it has located new gold reserves at he previously worked Dean mine in Nevada.
Announcement of the find would seem to run counter to a decision last month by Reynolds Metals Co., Richmond, Va., to pull out of a joint exploration program with St. George. Reynolds said it was terminating its joint-venture agreement because no proven gold reserves had been located.
An idenpendent consulting firm recently identified one ore zone at the site as containing 6,300 tons of proven reserves grading 0.9 ounce of gold per ton on an average, the company said.
St. George and Reynolds had been exploring the site for several years by means of bulk sampling and surface drilling. Underground work has included reopening old adits and reworking closed haulage drifts.
The company said it is currently considering construction of a pilot ore processing facility at the property and is considering additional financing measures, including a search for a new partner.
COPYRIGHT 1991 Reed Business Information
[This message has been edited by noahltl (edited September 02, 2004).]
Posts: 2 | From: Noblesville, IN | Registered: Oct 2004
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posted
Glass, I used to think you were a basher but not anymore. More than once you have shaken us back into the real world. Thanks. However, don't burst too many of our baloons.
Posts: 1005 | From: Grapevine, TX 76051 | Registered: Aug 2004
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posted
New information at the drill site. Diamondiferous called by the drillers, not the geologist yet.
Posts: 2 | From: Noblesville, IN | Registered: Oct 2004
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File Date: 7/19/2004 Comments: THOMAS L. BELAUSTEGUI 71 WASHINGTON ST RENO NV 89503 AJW Transaction: RESIDENT AGENT RESOLUTION
File Date: 7/30/1993 Comments: CERTIFICATE OF DESIGNATION, PREFERENCES, RIGHTS AND LIMITATIONS OF SERIES B PREFERRED STOCK, $.01 PAR VALUE. DMF Transaction: OTHER AMENDMENT
File Date: 8/22/1991 Comments: CERTIFICATE OF DESIGNATION, PREFERENCES, RIGHTS AND LIMITATIONS OF SERIES A PREFERRED STOCK, $.01 PAR VALUE. TLS Transaction: OTHER AMENDMENT
File Date: 12/31/1990 Comments: RESTATED ARTICLES - VARIOUS CHANGES IN THE ARTICLES C W Transaction: OTHER AMENDMENT
File Date: 12/31/1990 Comments: CAPITAL STOCK WAS 2500 NO PAR C W Transaction: CHANGE CAPITAL
File Date: 2/14/1989 Comments: ADDING LIABILITY-ARTICLES XII AND XIII Transaction: CHANGED LIMITED LIABILITY
File Date: 7/6/1987 Comments: E. A. HOLLINGSWORTH, ESQ. 226 CALIFORNIA AVE RENO NV 89509 Transaction: RESIDENT AGENT RESOLUTION
File Date: 11/22/1985 Comments: E. A. HOLLINGSWORTH, ESQ. 327 SOUTH ARLINGTON RENO NV 89501 Transaction: RESIDENT AGENT REMOVAL
File Date: 6/5/1985 Comments: E. A. HOLLINGSWORTH, ESQ. 604 LANDER STREET RENO NV 89509 Transaction: RESIDENT AGENT REMOVAL
Posts: 2 | From: Noblesville, IN | Registered: Oct 2004
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posted
I see there are adjustments being made. Small transactions taking place by MM's
Posts: 101 | From: Arkansas | Registered: Nov 2003
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posted
Melvin just confirmed that UC is in Sask at the drill site. Wonder about Indy?
Posts: 2 | From: Noblesville, IN | Registered: Oct 2004
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posted
ok i'm happy with the news but how does a stock give away 200 billion shares and move .05 on 350 thousand volume
Quotes delayed 15 minutes Quick Quote ST GEORGE METALS INC Last 0.06 fyi Open 0.02 Change +0.05 Previous Close 0.01 % Change +500.00% Bid NA Volume 351,670 Ask NA Avg Daily Volume NA Instit. Ownership NA Day's High 0.12 52 Week High 0.01 Day's Low 0.02 52 Week Low 0.00
posted
[QUOTE]Originally posted by bill1352: [B]ok i'm happy with the news but how does a stock give away 200 billion shares and move .05 on 350 thousand volume
I guess the MMs don't have their claws in this one yet.
posted
Unfortunately, I think you're right glassman.
This sucks!
quote:Originally posted by glassman: something else to ponder too, while you curse me for being the basher that i'm NOT....
this is MORE dilution of YOUR mineral holdings...the only thing you do own right now... the only thing i have ever told you to expect is MORE DILUTION......
posted
To burst a bubble, it is incorrect to put value on 200 billion shares of restricted stock in GSSM stock according to it's PPS as today. When those 200 billion shares eventually become unrestricted, they total float of GSSM is will be a lot higher, and therefore the price will be a lot lower. Too many dividends, and not enough diamonds. Still waiting patiently though with close to 20M. Patience is the key here.
Posts: 212 | Registered: Jan 2004
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posted
GLassman wrote: ok...reading the SGGM venture..... 200 billion shares of a comapany with a .10 PPS looks nice.... BUT... the 60 day avge prices is only .0052$ and that is with a 60day avge volume of 11,388 shares..... these are more restricted shares...don't start counting your dollars just yet....
i hope the drilling pulls up some diamonds this time... good luck..------------------------------------------------------------------------------ Hi Glassman, I totally agree with you on this point. But even at .0052 it comes out to $1 Billion dollars for 5%. Ultimately it will be diamonds and fully reporting that gives lasting value. I do hold that it is is naked shorted and expect that the value is much higher than .0003 or .0004. Time will tell. I can wait.
Roger is putting something together ultimately. I don't know what it is but it may take selling part of our claims to get to a freely traded stock at a proper valuation. Part of that has to include CMKX disclosing much of what isn't public knowledge now. The other part will probably include a reason to use the element of surprise.
Noah-I don't think UC will be at the races in Indy. You could avoid the hassle of travel over the weekend if that was your sole reason for going.
IMO-DLTA-Debi
Posts: 1188 | From: Clinton, MA 01510 | Registered: Jan 2004
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So actually when you do the math the company has a value of 150 million! Now a company is going to purchase 5% of the claims for $10 miilion plus a bunch of worthless stock! So now I'd say the value is about 200 million!!
Plus where did this company get the money to purchase the rights. 10 million is alot of cash for a company with no history of revenue!!
After the 200 billion shares get diluted on the market you will have another .0001 stock to BUY!!
[This message has been edited by osubucks30 (edited September 02, 2004).]
By: marilynmoonlow 02 Sep 2004, 02:51 PM EDT Msg. 519720 of 519786 Jump to msg. # STEWArt BLUSSON IS THE GUY WHO TEAMED WITH CHARLES FIPKE ON ETAKI MINES !!!!!!!!!R.ROSS BLUSSON CHAIRMAN OF SGGM IS ALSO ON THE BOD OF ACS:TSX-V ARCHON MINERALS LIMITED WITH STEWART BLUSSON AS PRESIDENT!!!!! - - - - - View Replies » R.ROSS BLUSSON IS ON THE BOD OF NEW CAN TECH WITH DALTON DUPASQUIER WHO WAS THE CEO OF WINSPEAR RESOURCES WHEN IT WAS BOUGHT BY DEBEERS FOR $300M
I think the sec should investigate all of these deals! Now cmkx works with UCAD, SGGM, and GEMM! Looks to me like they issue PR's announcing dividends of these wothless companies just to keep the price from going back to .0001 so they can dump the rest of the shares on the market for a better price! UCAD, SGGM, AND GEMM have little history of producing any revenue!! So WHY all of a sudden are all these companies coming up with money to do all this? My take is its all one company!
When all said and done shareholders of cmkx will have stock in 3 or 4 different companies with TRILLIONS of shares between them
quote:Originally posted by prdponce: from another board something to look at
By: marilynmoonlow 02 Sep 2004, 02:51 PM EDT Msg. 519720 of 519786 Jump to msg. # STEWArt BLUSSON IS THE GUY WHO TEAMED WITH CHARLES FIPKE ON ETAKI MINES !!!!!!!!!R.ROSS BLUSSON CHAIRMAN OF SGGM IS ALSO ON THE BOD OF ACS:TSX-V ARCHON MINERALS LIMITED WITH STEWART BLUSSON AS PRESIDENT!!!!! - - - - - View Replies » R.ROSS BLUSSON IS ON THE BOD OF NEW CAN TECH WITH DALTON DUPASQUIER WHO WAS THE CEO OF WINSPEAR RESOURCES WHEN IT WAS BOUGHT BY DEBEERS FOR $300M
EKATI MINERALS DIAMOND JOINT VENTURED BETWEEN BHP DIAMONDS INC. (51%), DIA MET MINERALS (29%), AND GEOLOGISTS, CHARLES E. FIPKE (10%) AND S T E W A R T L. B L U S S O N (10%) .
WASN'T THIS AIRED ON THE DISCOVERY CHANNEL NOT TO LONG AGO. THIS BLUSSON GUY IS VERY WEALTHY AND WANTS A PIECE OF CMKX ACTION. THIS WAS TAKEN FROM THE BULLBOARDS STOCKHOUSE OUT OF CANADA SUBJECT RE; CMKX GIRLIE-MAN.,KABOM POSTED BY WALLYOCEAN 9/02/04 13:46P.M. - - - - -
quote:Originally posted by osubucks30: JUST MY TAKE ON THE SITIUATION!!
I think the sec should investigate all of these deals! Now cmkx works with UCAD, SGGM, and GEMM! Looks to me like they issue PR's announcing dividends of these wothless companies just to keep the price from going back to .0001 so they can dump the rest of the shares on the market for a better price! UCAD, SGGM, AND GEMM have little history of producing any revenue!! So WHY all of a sudden are all these companies coming up with money to do all this? My take is its all one company!
When all said and done shareholders of cmkx will have stock in 3 or 4 different companies with TRILLIONS of shares between them
Their history did not include Roger. It's that simple.