quote:

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Originally posted by bigeezee:
Time to come to the surface. I've been lurkin' here for about a month (maybe a little less. my sense of time has been distorted by the wait for PR and the like.) Some times I find it difficult to maintain attention to some of the lengthy theories I have seen posted here. Some make sense to me, but others are difficult to understand or are not very credible due to their conjectured foundation. I would like to share my theory.
There are three guys where I work that are about 90M long @ .0001 in CMKX. These guys could fall in a barrel of s__t and come out smelling like a rose. It un-nerves me sometimes at their blind luck. Thus I feel comfortable with my 1.5M.
I know this theory is not at all financially based, but I think it is as good as any.

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quote:

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Originally posted by VNGNTN1:
Is this a reasonble thing to ask a company to do in light of current activity? I don't see how it could affect any legal things. Might alert compitition, that's why ask for only documents at drill site. What does this say if not answered ?
= = = = = = =
[QUOTE]Originally posted by VNGNTN1:
[B]DW
The filings @ registars office are current to about 3 days.
Drilling permits have been granted, in whose name ?
Maybe this is something we could reactivate and get this small answer?
- - - -
JUST eMAILED MELVIN
Would it be possible to scan & post the claim & permit to website where current drilling is being done ?
VAN
= = = = = = = =
DAY 1-No responce might be away from ofice?
DAY 2-No responce< but had time for Paltalk

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quote:

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This work included a high resolution aeromagnetic survey on nine separate blocks of ground comprising some 60,000 acres in the fall of 2000, and a detailed gravity survey on the Smeaton project, which occurs north of the Fort a la Corne kimberlites and along the same northwest structural trend as the Snowden kimberlite cluster. The latter was optioned by Shane Resources Ltd. and drilled in December 2000. Analytical results are pending

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Dont hold your breathe for results from us.

CMKX: IS .25-.60 COMING SOON & WHY by houstontex1110

By: houstontex1110
16 Sep 2004, 01:27 AM EDT
Msg. 82045 of 82229
Jump to msg. #
CECIL RHODES, CRITICAL MASS, SGGM, AND HIGHER EXCHANGE

I feel everyone will gain valuable insight into this life changing company of ours by reviewing the past...a short glimpse into the history of South African diamond mining. Bear with me, I will endeavor to connect the 4 topics in the title of this post so that a clearer picture of CMMK emerges.

The following quotes are taken from, Gemstones, Time-Life Books, 1983:
CECIL RHODES

"The two brothers who owned the farm were happier with their luck, but for different reasons. Staitlaced Boers, descendants of the early Dutch settlers of South Africa, they had no interest in prospecting and were overwhelmed by the rush of prospectors who swarmed in from nearby diggings, tearing up the land in a frantic search for diamonds. To make the best of a hopeless situation, the brothers sold the farm (which they had purchased for 50 pounds 11 years earlier) to a mining syndicate for 6,300 pounds, and moved on in search of peace and quiet. In so doing, Johannes and Diedrich de Beers unwittingly gave up a pair of fabulously rich diamond deposits, one of which would become the site of the illustrious Kimberley mine. DO NOT REPEAT THEIR MISTAKE BY SUPPOSING THAT 126 TIMES YOUR INVESTMENT IS A GREAT RETURN, and it is time to move on. History repeats itself. You know why? Every generation commits the prior generation's follies.

Early miners around Kimberley found their stones in "yellow ground," weathered rock of a type later named kimberlite. When they reached the bottom of the soft yellow ground and struck the "blue ground" that lay underneath, many miners thought their claims had petered out. But Rhodes, having consulted the few geologists in the area, suspected that the blue ground was very likely as rich in diamonds as the yellow.

If you were Urban Casavant, wouldn't you have studied the life of Cecil Rhodes inasmuch as he was the original great diamond prospector, and richly successful. Perhaps you could learn a few things from that shrewd Rhodes. Urban noticed the 2 brothers overlooked what they truly possessed, and sold out. (Same as modern day Debeers in Canada giving up their nearly 2 million acres of claims.)

Cecil Rhodes also made use of the best geological expertise he could locate. Just as Urban is using the most sophisticated magnetic surveys which endowed him with the knowledge of the immense value of those 2 million acres.

As events would soon confirm and geologists would soon understand, he was right as was UC. The blue ground was simply hard kimberlite that had not yet been broken down or discolored due to weathering. Worried or bankrupt claim holders were giving up on all sides, but Rhodes, undaunted by the low diamond prices and the unproven value of the blue ground, began buying up claims, as quickly as he could scape together the money. He organized his growing holdings into a joint stock company by naming it the De Beers Mining Company, Limited. Gee, who repeated this process?

Rhodes status in Kimberley was growing. He had a way of breaking his long silences with sudden passionate monologues that seized the attention of everyone within earshot. He once startled a group of miners by shouting, "You think I am keen about money. I assure you I wouldn't care a d**n if I lost all I have tomorrow. It's the game I like." Umm, I distinctly recall UC saying that discovering another set of valuable claims is real excitement. UC loves the hunt for the next set of claims or the next mining company to buy out or to exchange shares. Wow, with a trillion dollar critical mass valuation, no telling how many deals are standing in the wing just as you read this.

Rhodes showed little interest in the Rand(South African gold fields) at first and had to be goaded by his associates into buying gold claims. Gold simply did not have the same appeal for him as diamonds. Although eventually he came to be one of the biggest mine owners and, ironically, made a great deal more money from gold than he ever did from diamonds. I bet that the book written about UC, and his strategic moves will not point out how he overlooked gold's eventual rise to $1,000 per ounce. He is demonstrating that gold projects have a definite place in his grand design.

Just as Rhodes created an empire of diamonds, originating in Africa, UC will create the new empire of diamonds, originating in Canada. I can already hear the criticism being hurled at me. Have you ever noticed that people see the top dog in any industry as sort of invulnerable? As human beings, we see structures, firms, and even people as enduring forever. What a fallacy. Everything, including the Rock of Gibralter will ultimately disappear. Review the major corporations which once were a proud member of the Dow, and no longer even exist. Debeer's corporate life cycle in now in the downswing and as CMKM's trillion dollar valuation is established, they will no longer be viewed as THE Diamond Company.

CRITICAL MASS AND SGGM

For an atomic blast to occur, the heavy hydrogen must exist in sufficient quantity for the chain reaction to occur. Urban's plan as quoted in a previous press release, is for some sort of amalgamation of mining companies due to the fragmented state of the mining industry. Well, that is a fine goal, and any competent business man understands economies of scale and so on, but why is this goal apparently, rarely accomplished? IMO, it's because no one firm has sufficient mineral wealth to attract a wide spectrum of mining interests to achieve a truly efficient conglomeration. CMKM in assembling IMO, a trillion dollar plus valuation, has packaged a critical mass. In short, they can give up 25% of their claims in deal making and as the saying goes, not sell the family farm. CMKM will have left over, plenty of mineral interests to not lose their competitive dominance in the future diamond industry. Importantly, from the perspective of their suitors, the diamond mining is widely held as the ace of spades in the industry. Why? The return on investment is just about as good as it gets, and the mines can endure for decades.

IMO, this high return on investment helps esplain the basis for these various companies joining our growing family. The Blusson brothers are known throughout the mining industry and could have naturally struck alternative deals. Why CMKM? For one thing, the brother with a PHd. specializes in diamonds, and reviewed the entire range of firms in the area. Obviously CMKM stands out at The future Diamond Company in Canada. And notice how the market has reacted to SGGM. Let's break it down in terms of numbers. Our 250 billion shares in SGGM at .50pps is hovering around $125 billion dollars. If you take 5% of 1.9 million acres, that works out to 95,000 acres valued at $125 billion. Debeers' 58,000 acres is valued at upto $80 billion. If you divide 58 into 80, and 95 into 125, the values are respectively, 1.4 and 1.31. Is the market believing that the upper Debeers valuation is justified? Let's see if SGGM rises just a little over 5o cents, striking a resistance level, and then reverses. Markets have a tendency to move upto the next resistance level and tests it. At the resistence price, some bulls lose faith, and bears begin to short. Then, which ever group with the greatest combination of funding and faith win out. I bet the resistance holds, and SGGM will at least not bypass 60cents,unless a forthcoming PR reveals new claims deposited into the SGGM shell. Have you ever seen a shell skyrocket as fast as SGGM?

I realize that a minority of posters will leap to the conclusion that SGGM is way overvalued. Why? Their reasoning is that if 5% of our claims are worth 125 billion, then logic dictates that 100% of CMKM is worth a ridiculoud 2.5 trillion. My counter argument is that you can not have it both ways. If one agrees with Debeers that their 58,000 acres is genuinely worth $80 billion, then consistency demands a CMKM valuation of 2.5 trillion. Unless of course one presupposes our land is inferior to Debeers on an acre by acre basis. No one can answer that with certainty, but based on our magnetic survey which revealed oreo size kimberlites and hundreds of anomalies, you are hard pressed to prove our inferiority. These posters must then attack Debeers $80 billion valuation as being excessive.

Besides, right next door in Canada, the oil sands are valued at least $7 trillion. Massive mineral deposits are worth trillions, and all evidence so far indicates CMKM with stunning vision locked up this regional mineral deposit.

AND THIS....
http://ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=82045

BOOK VALUE AND HIGHER EXCHANGE

Are we to receive the SGGM's 250 billion shares as a dividend? My prediction is NO!!!! The simplest accounting equation is: Assets equals Liabilities plus Equity. That line says it all. Has anyone out there figured it out?

IMO, UC and Glenn figured the shares in SGGM would soar. How come? Have you noticed that UCAD shares have not experienced the same price explosion? IMO the market sees UCAD and CMKM as too intertwined to rely upon the exchange rate and cash payment. On top of that, Randel Williams lacks the fame and credibility of the Blusson brothers, especially the award winning PHd. brother. Once struck, the market judged that deal as reflecting a solid endorcement,and an arms length transaction. Next, the market went to work deciding how much the 5% undivided interest in CMKM is worth. The only standard available is the Debeers valuation.

At this point, it is irrelevant whether the market has over valued SGGM. The market has spoken and based upon generally accepted accounting principles, CMKM owns a stock investment valued at approximately $125 billion. Review the following: $125 billion = zero liabilities + equity. We may have several million in current liabilities, but also possess millions in cash which likely wipes out the liabilities. CMKM is left with an equity value of $125 billion. I know, what about our lands valuation? The exchanges, SEC, and generallly accepted accounting principles will readily accept the SGGM's pps, but question CMKM's valuation of our land. In the mining industry, proven ore tonnage rated at either grams or ounces per ton is established by literally hundreds of drill cores. That will take years of drilling.

Next, you take 500 billion outstanding shares and divide that by $125 billion equity, this produces a book value of .25 per share. Notice I am ignoring the additional 300 billion OS. Why? Whatever UC and Glenn have planned, the resulting effect on our company's value will be favorable. Perhaps another share exchange with another mining concern? Or maybe the shares will be used for a ratio exchange with UCAD or whoever, eventually cancelling out.

At any rate, once we step up to a higher exchange, and the market detects a book value of at least .10pps and we are trading at .0004, what do you think will happen? The pps will soar. What is currently preventing that rise? The big money, the experienced money... the smart money is waiting to see the financials, the share structure, and off that trashy pink sheet! Plus, shorty is still holding us down whether in cooperation with UC and Glen or not.

Once we hit the higher exchange, and the book value is calculated as at least 250 times of share value, the pps will explode upto at least book value. If the book value per the balance sheet is at least .25pps, the market will soar past that level reflecting a discounted valuation of the rest of CMKM's land. Perhaps double of BK? There you have it....50cents or 60cents pps. Am I 100% sure, this is how it will play out? Would I donate my right arm to medical science if I am wrong? No, not that sure.

AN OVERVIEW OF CMKM

Urban Casavant perhaps coincidentally copied many of Cecil Rhodes actions and strategies. And I feel that years ago as he and his family were stealthily staking the claims, and hiding their ownership, UC looked back at the former diamond empire builder with respect and excitement. Could he grab all these claims before Debeers figured out their mistake? He must have spent many nights tossing and turning.

Finally, we have heard over the past few months about the valuation of our land. The plan all along was to have the market help evaluate our claims through an exchange of mineral rights for the shares in a high profile company which was not being held down by shorty. High profile? The Blusson brothers are high profile and I bet there were hundreds of potential investors just waiting to see the next move by the brothers. As a matter of fact, I am also eagerly awaiting their next move. You want to bet they bring on line additional investments and perhaps before CMKM is listed on a higher exchange. If so, their pps will likely further rise, and our book value just might be .50pps. Folks imo, 50cents per share is right around the corner due to SGGM! And UC shared his prediction at the races that CMKM would be at least 50 or 60 cents without factoring in the short shares.

The bottom line is that the market place will take care of shorty. I repeatedly read posts stating that we had a volume of 9 billion shares today, and did not move! Of course shorty is part of the problem. However, one should not focus on the volume but the $volume, and most days our volume is only a few million attempting to move perhaps a $200 million market capitalization. That simply on average is insufficient $volume. The day CMKM opens up on the bulletin board IMO, and $volume is $20million or more, day after day, shorty will be swamped. Hey, if I had $100 million to invest, which I believe I will after CMKM fulfills its destiny, I would buy 10 million dollars of CMKM without a blink. Powerful money will cause this stock to soar. As the outrageously undervalued share price is made known, the mining newsletters will sound the alarm, and the multimillionaires will be buying billions of shares apiece.

In conclusion, the market just needs to know the right numbers, and as a normal consequence, one of the market truisms will materialize...an extremely undervalued security eventually is properly valued relative to similar securities.

P.S. "Empire builder and master of the diamond cartel, Cecil Rhodes is portrayed as a colossus standing astride Africa by Punch in 1892, at the peak of his power. "The vastness of his frame," wrote one historian, "was matched by the breadth of his vision." Urban Casavant seems determined to equal or exceed the achievements of Cecil Rhodes.

Upside previously wrote:
This thread is a mess. I hope you guys are enjoying yourselves. Here's an idea, talk about the stock or nothing at all. Kinda radical though, huh?

He also wrote:
It's to the point where any comment or opinion, positive or negative, is met with a personal attack. Just not worth the time anymore.

He also wrote (reference was to Wallace)(edited):
You have a knack of irritating people…

Wallace responded:
Up
Yep - and you irritate absolutely no one!

Upside wrote:
If I do, it's consequential due to my beliefs regarding CMKX. You on the other hand sure seem to have an agenda. You are here to irritate people and to your credit, you do a good job of it.

Upside also wrote (speaking of JBCak, byrdturd, blueeyedtraderboy…all the same person):
"He had a few offensive posts the other day (they we're funny though)...

Wallace responded:
They weren't the least bit funny! As a matter of fact, they were "gross and vile" as usual and as others noted. Upside does have an interesting sense of humor.

Upside wrote:
Oh sure they were. The fact that they were directed at you made them even funnier.

Today, Upside also wrote in response to rivercity’s personal attack another attack:
rivercity's post:
NOTE to wally sometimes you resemble those nasty retorts. you bring a lot of knowledge to this board but use it stupidly. seems to me your intelligence far exceeds your your ability to put it to good use.
Upside wrote:
I wish I'd have said that. Sums up my feelings exactly.
------------------------------------------------------------------------------------------
Take note of Upside’s above two comments, first, “talk about the stock or nothing at all” and the other about any comment being met with personal attacks.

I have tried to avoid responding in kind, however, today Upside made another unseemly and downright rude comment.

Since when has football been “talk about stock or nothing at all”?

Since when did Upside get a permit to make “personal attacks”? If you look back, I did not respond in kind.

Since when with all his comments and statements above, did he earn liberties to irritate others with statements that have nothing whatsoever to do with his “beliefs regarding CMKX” or “about stock”?

And he has the brass b*lls to suggest someone else is a Dr Jekyl and Mr Hyde? BS!!! The above facts do not lie with reference to Upside. He is more Mr Hyde than Dr Jekyl.

This is what some of you posters respect?
Just a lot of digs, jabs, slurs and offensive remarks and innuendos?

[This message has been edited by Wallace#1 (edited September 18, 2004).]

Upside hasn't called CMKX a 'cult'

Upside hasn't said all here wasn't even good enough to wipe our noses with your used tolit paper.

Upside hasn't said CMKX is a ship of fools.

All of witch (and alot left out) you have said.

Upside hasn't said all here wasn't even good enough to wipe our noses with your used tolit paper.
Upside hasn't said CMKX is a ship of fools.

He has expressed his concerns but never because of personal vedettas.
---------------------------------------------
Suggest you pull up that old post about the toilet paper and you will likely find I did not refer to "all here", probably only certain ones, such as JBCak because of his gross and vile posts.

I do not recall saying CMKX is "a ship of fools", but it certainly makes a nice fitting shoe for folks here to put on.

Do not kid yourself about his personal vendetta. For some unknown reason, he has been directing it at me. I put up with it long enough!! NO MORE!!!

PS: And your "killing spree" comment is way off base. You people need to open your eyes to reality. Look at where CMKX is now headed. Look at all the reasons why!!

I now have more important things to do.
Good night.

[

=======================================

Now, Wouldn't that be a nice change!?! I can just imagine DMW realizing that there are more important things in life to do than bash a stock trading at these levels! That would definitely be a first for him! Next thing you know Glass and Willie will concede that they really don't KNOW anything more than the other posters here on this board concerning this stock....Nah, that will never happen!!! That would leave them too much free time to pursue interests outside of CMKX...We all know how profitable it is to spend 24/7 on a BB for a stock you think is a joke!

Sorry folks, I just can't get enough of these jokers! I'll never claim to be any kind of trading wizard, but I feel that I can read into the intentions of the maroons that persistently post negativity on the board without backing it up with facts...

bluediamonds
Global Moderator

member is offline

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Posts: 1254
Dr Diamond's CMKX MP3 (2+ hours on CMKX!)
« Thread started on: Today at 12:00am »

--------------------------------------------------------------------------------
Dr Diamond's CMKX MP3 (2+ hours on CMKX!)

Dr Diamonds thoughts on CMKX from Sept. 14, 2004 are now available online in MP3 format at:
http://www.bigskysoftware.net/CMKX/CMKX-9-14-04.mp3

This is a 15.9 MB MP3 file (of over two hours) so you may have to wait for 1-20+ minutes for the download (depending on the speed on your modem). Canuck said it popped right up for him, but my system was slower.

This file is well worth the wait, and it confirmed my opinion that Dr. Diamonds is one of the best (if not the best) DDers on CMKX.

BTW, even if you get a "The page cannot be found" type message just keep waiting as the file will download in time and start playing. At least it did for me.

You can also try right clicking the MP3 URL above and hitting "Save Target As" and this MP3 file will download right on to your hard drive -- so that you may listen to it whenever you want and as many times as you desire (or send it to others in an email).

The sound quality gets betters the longer you listen into the file, as Dr. D began to speak slower and this improved the connection and audio. The last part of the MP3 contains some of the best information, so this worked out quite well.

Dr Diamond also asked that this disclaimer be included wherever this file is posted:

"This is Dr.Diamonds opinion and is not to be taken as professional trading advice. Dr. Diamond is not a paid professional financial adviser and security decisions should not be made off of this information. Dr.Diamond recommends that no one invest money at any time in any security that they are not fully prepared to accept as a 100% loss especially in the Pink Sheets market."

Feel free to post a link to this message on other boards so other people can hear this very useful useful audio file. This link to this page is:
http://cmkxdiamond.********s32.com/index.cgi?board=general&action=display&num=10954836 00

And thanks to Canuck for hosting this file!

Enjoy!

quote:

---

Originally posted by glassman:
grasshopper, until there ARE daimonds, and i mean a LOT diamonds, this stock is nothing more than UC selling tickets to a show that may or may not actually have an opening night.....
anybody who says anything different is, to use your words, a MORON. at 483+ billion shares, you have to ignore a lot of DD to convince yourself this is a BUY......

---

Actually, most of the DD on this stock points to the possibility that even if there are 483+ billion shares outstanding, this is still a great play at .0003 per share. I would love to see you post any FACTS that state otherwise. The existence of diamonds (and lots of them) is a foregone conclusion to most investors in this stock. That is not something that can be proved or disproved at this point. I'd say at .0003, its worth the risk. We are playing in the sub-penny world after all. If you can't handle the risk and uncertainty involved with a stock trading at .0003, then move on! I'm sure companies like Microsoft and WalMart can provide you with the reassurance you need to comfortably invest in a stock....

[This message has been edited by Royals (edited September 19, 2004).]

"
Detwin nails it again. those with slow fingers and PC will be left in the dust. he doesn't
give any target pps. will it even be 0.001 ? plenty of stocks for such returns.
who knows. be alert and watch the stock every single day. now there's rumours of something black found over there, lol, oil ? oil in Canada is very expensive to extract (10-12 dollars per barrel vs 2 in Saudi arabia). ONLY MARGE HOLDERS (100Millions+ ) and FAST TRADERS will succeed here, imho

http://cmkxdiamond.********s32.com/index.cgi?board=general&action=display&num=10955974 15
"
wow how annoying it chops up the url??

anyway enjoy as its a pretty good read:
By: detwin 19 Sep 2004, 03:06 AM EDT
Msg. 83099 of 83099
Jump to msg. #
CMKX-Shore GOLD-Debeers and the FALC POTENTIAL.

Lets try to keep things in perspective.

Debeers/Kensington have spent millions on an exploration program that has included some mini bulk and bulk sampling. They have recently announced more funding that will allow them to proceed with a more advance bulk sampling project. The FALC region is WELL KNOWN for its LARGE KIMBERLITE PIPES which translates into BILLIONS OF TONNAGE. In a word again "POTENTIAL", still NOT YET "ECONOMICAL".

NOW, no matter what any TDEM or AIRBORNE SURVEY RECORDS, ACTUAL DRILLING MUST BE DONE in order to evaluate the SAMPLES, CALCULATE THE GRADE and VALUATE THE DIAMONDS. At this point in time DEBEERS is still years away from any FEASIBILITY STUDY (if any). In a previous sample retrieved from 140/41, they recovered 155 carats worth a value of $6900 USD or $45 USD/carat. Not very good results at all.

Here is the DD from Will Purcell.

"Still, there is no certainty that Star's diamonds will come close to that mark however, as appraisals of diamonds from the nearby No. 140/141 pipe by De Beers Canada Corp. have not yielded a particularly high value. Over the past few years, about 155 carats of diamonds were priced at about $6,900 (U.S.), or about $45 (U.S.) per carat."

Now in all fairness to Debeers, 155 carats is a very small batch from a sample. They recently completed a computer model which estimated $146 per carat CDN, equivalent to approx $110 USD. (keep this number in mind for later reference).

AGAIN those are COMPUTER GENERATED ESTIMATES SO UNTIL DEBEERS PULLS THE ACTUAL DIAMONDS OUT OF THE GROUND and APPRAISES them, the valuation is still in question. The only substantiated value we have is the $45/carat figure. BUT we can agree that, as more samples are retrieved and processed the valuations will assuredly be higher. They wouldn't have spent additional funds if they didn't believe that there was still "POTENTIAL".

Before we move onto Shore GOLD we can conclude that Debeers believes in the "POTENTIAL" but are years away from any "PRODUCTION DECISION" and or "FEASIBILITY STUDY". Therefore its safe to assume that for the short term, Debeers will not have any impact on the region.

Now let's move onto SHORE GOLD which is currently in an advanced bulk sampling PROJECT. Shore began drilling the region in 95 and to date have completed the most extensive work at FALC. Taken from the SHORE GOLD web site.

"The Star Diamond Project contains a bulk tonnage diamond-bearing kimberlite 100% owned by Shore Gold Inc. The geophysical signature and early stage drilling have indicated a kimberlite body in the 500 million tonne range. Shore is currently undertaking a 25,000 tonne bulk sample to better determine carat values."

As of Friday, September 17 2004, Shore gold has retrieved and processed 12124 tonnes of kimberlite.
All the samples have been evaluated and the results have been RELEASED to the public. The remaining 12876 tonnes should be completed before the beginning of December, once the entire batch has been verified it will be forwarded to an independent appraiser for a FULL DIAMOND VALUATION (due around Christmas).

Earlier I was discussing the valuation of diamonds from FALC and THE ONLY PUBLICLY AVAILABLE INFORMATION is:

$45 USD/carat (Debeers 155 carats) - I concluded that in all practical purposes this number is way too low.

$110 USD/carat (Debeers computer generated model/estimates for their 140/41 pipe)

$100 USD/carat (I will include this figure as "INDUSTRY" standard)

To continue with my post I will proceed with the $110 USD carat figure that was a COMPUTER ESTIMATE PUT FORTH BY DEBEERS.

Even using this value (the highest of the 3) the FACTS will show that at this point in time, an open pit mine of the Star Kimberlite is becoming less and less of a possibility.

1,393 carats have been retrieved from the 12,124 tonnes collected (average 11.5 CPHT). Shore is on pace to collect approx 3200 carats in total which would average to 12.8 CPHT.

The latest results (released last week) were from the EARLY JOLI Kimberlite which were recovered from the 235m level. Mining 101 tells you: the lower you dig the better the results - therefore the last 6 batches returned 22 CPHT.

Now in order to continue I will preface this by saying that for my model, I'm going to use THE BEST AVAILABLE RESULTS AND DISMISS the AVERAGE CPHT, I will show that even if we calculate using the higher grade, the Star Kimberlite still falls short of economic viability.

The average grade to date for the Early Joli Kimberlite is approx 17 cpht. Most of this is from the 235m level.

Using the 17 CPHT and $110 USD/carat valuation (that was estimated by Debeers) we are left with a GROSS VALUATION of $18.70 USD/tonne.

Factor in: CONSERVATIVE $10 for mining/processing costs AND $3/tonne for PRE-PRODUCTION/CAPITAL COSTS.

WE ARE LEFT WITH: $5.70 USD NET/TONNE

If you call SHORE GOLD, they will verify that they're looking for a MINIMUM of $15 USD/tonne in order to have an economically viable mine.

In order to meet their goal SHORE WILL HAVE TO AVERAGE AT LEAST $165 USD PER CARAT to simply have any sort of FEASIBILITY. Remember I was using the 17 CPHT which is the grade at 750 feet, IF WE FACTOR AND CALCULATE THE ENTIRE AREA AND ALL THE SHAFTS SHORE DIAMOND VALUATIONS MAY NEED TO EXCEED WELL OVER $200 USD CARAT.

While not impossible, even at $165 USD/carat this would be considered a VERY HIGH VALUATION.

THIS IS WHERE WE STAND TODAY, there are still over 12000 more tonnes of kimberlite that needs to be processed and the company has indicated that MOST of it will be coming from SE 235m level which has produced over 20 CPHT.

It's going to take a huge improvement in overall grade and a very high diamond valuation in order to bring credibility/feasibity to any open pit mining project at the FALC. As CMKX shareholders (more importantly long term investors) the results at STAR KIMBERLITE will have a dramatic effect on any long term success we wish to sustain. I urge you to follow the developments at SHORE GOLD because the outcome there is paramount to any kind of legitimacy that CMKX and entire area is seeking.

In conclusion, there is definently potential at FALC, however there is much more to mining than simply finding diamondiferous kimberlite and as I've shown potential does not equal economical. On average 1 out of 200 advanced projects ever become a mine.

One large kimberlite pipe IS NOT going to translate into 1+ trillion dollars. Let's get this out of our system. That is pure speculation with absolutely no evidence or data to back up the claim. Calculating numbers on paper does not transform into reality. I've been reading posts for months regarding the potential at FALC, and there is no denying the potential in the region. However, people have CONFUSED the differences between potential and economical.

NOW HOW WILL CMKX appreciate in the short term IF DIAMONDS WON'T BE THE PLAY? SIMPLE REALLY.

THIS PART IS SPECULATION.

-large mineral find other than diamonds ie. platinum
-possibility of large NSS position
-merging of multiple companies into one conglomerate

1. UC has been buying back shares for retirement.

2. A HUGE share retirement will be announced along with confirmation of a low float/low OS.

3. The news in #2 followed by a MERGER announcement will TRIGGER A VERY HUGE RUN, ALL in our current share structure.

AT THIS POINT, MANY WILL SELL, THE REMAINING SHAREHOLDERS WILL BE TENDERED AN OFFER THEN.

4. There WILL THEN BE A MOVE TO A LARGER EXCHANGE (OTCBB or AMEX) along with multiple companies to FORM A NEW ENTITY. This will be in the form of a REVERSE SPLIT or REVERSE RESTRUCTURING that will ALLOW current shareholders to HOLD A PIECE in the newly formed MEGA CORP.

Any of these events would be the CATALYST for any share price appreciation. "Short term" this will be a paper play and HINGE on what transpires with the SHARE STRUCTURE and any Naked Short Position that does/does not EXIST. I fully expect a SHARE RETIREMENT PR coupled with a MERGER ANNOUNCEMENT which SHOULD give us shor term momentum.

Although if this rumoured "huge" mineral find is indeed factual, the funds from that deal would be available to URBAN so he could either TENDER US IMMEDIATELY or ISSUE A CASH DIVIDEND.

The name of our company may be CMKX "Diamonds" but I fully believe that the "DIAMONDS" will not play a pivotal role in any short term movement. Also, as I stated above there are still many, many unanswered questions and very low odds that it will even play a factor LONG TERM as well.

GOOD LUCK EVERYONE.

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Originally posted by Royals:
I hold 1 million shares and have since April 2004 and lurk on several CMKX boards. I've posted a few times but with any conflicting view other than pumping I've been attacked as a basher or personally. Grasshopper states " find any DD Facts" that prove CMKX is NOT a good play. Are you blind? You ignore FACTS that bring CMKX in a bad light. Noalti says to stick to DD on CMKX and then goes on personal attacks to those who have different opinions or straight out FACTS of the history and continued dealings of UC. TO Glassman, Secman,Wallace and others I thank you for the actual info you bring but not for the personal back biting. I keep my million because I bought at .0001 and there's the small hope it will go somewhere.
Does anyone know what happened to Shadow and his effort to get into the office(filing cabinet) of CMKX?

[This message has been edited by Royals (edited September 19, 2004).]

[This message has been edited by Royals (edited September 19, 2004).]

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Royal, I do say to stick to DD on this stock. That will never change. But review my disputes with other posters. Those disputes are always in connection with personal attacks or ridicule, of me or other posters, and have nothing to do with their opinions on this stock. Read each post to see if it is reasoned opinion or DD. Read each post to see if it is ridicule or personal attack. On the former, I may disagree, but I do not "attack". On the latter, I will respond. Call it attack if you wish, but no one here has to put up with that kind of behavior.

if you bought in for the LONG shortly after CMKX went pink,

your SHARE(we do call them shares cuz they represent YOUR portion/cut/peice of the pie) went from 1billionth? LOL to 1/800 billionth, then they turned around and sold 30% of the whole pie out from under that.....

FACTS hah......and it's still a share of claims.....not product

i play pennies and micro's grasshopper, i don't expect them to be MSFT or SNE or MMM....
but this play requires that you IGNORE the facts entirely....
i have never said don't buy a hundred$ or two, but when i hear people saying they are buying 10's of thousands of dollars worth and continue to insist this is a good buy, i have to wonder who GAVE them their money, cuz i doubt anybody who earns their money would disrespect it this way...LOL

that of 100 billion$ worth of diamonds after expenses....

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Gender:
Posts: 504
Shore Gold DOES work with us! Proof....
« Thread started on: Today at 11:24am »

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From SHANE RESOURCES Filing, SHORE GOLD CONNECTION. Go here, click on "view this public company's documents", and read the Aug. 23rd 2004 MD&A! MONROE LAKE SECTION..Shore Gold info is there! http://www.sedar.com/DisplayProfile.do?lang=EN&issuerType=03&issuerNo=00004138
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DAAAAAAAAAAA BEARS!LOL
Hey, the way they played today,They MUST read our CMKX thread.You know I'm just kiddin' with ya Upman.
Oh yea,I can't wait for my divvys.HA HA HA

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My answer is in an e-mail to Will. Maybe he'll forward it to you.

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Originally posted by Upside:
originally posted by highwayman:
My answer is in an e-mail to Will. Maybe he'll forward it to you.

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