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CORRECTING and REPLACING U.S. Canadian Minerals Inc. Exercises Additional Purchase of CMKM Diamonds Inc.'s Mineral Claims for $2,500,000 USD Tuesday September 28, 3:58 pm ET
LAS VEGAS--(BUSINESS WIRE)--Sept. 28, 2004--In BW5550 issued Sept. 9, 2004: First graph, third sentence of release dated Sept. 9, 2004, should read: With the exercise of this portion of the option and previous option exercises and transactions with CMKX, UCAD currently holds 8.16% of all of CMKX's mineral claims. (sted With the exercise of this portion of the option and previous option exercises and transactions with CMKX, UCAD currently holds 9.16% of all of CMKX's mineral claims.) The corrected release reads:
U.S. CANADIAN MINERALS INC. EXERCISES ADDITIONAL PURCHASE OF CMKM DIAMONDS INC.'S MINERAL CLAIMS FOR $2,500,000 USD
U.S. Canadian Minerals Inc. (OTCBB: UCAD - News) announced today that it has exercised a portion of its option with CMKM Diamonds Inc. (Pink Sheets: CMKX - News) to purchase an additional 1.66% interest in all of CMKX's mineral claims for $2,500,000 USD. Under the agreement reached in July, UCAD has a one-year option agreement to purchase up to an aggregate total of 10% interest in all of the mineral claims held by CMKX for a total of $15 million USD payable to CMKM Diamonds Inc. With the exercise of this portion of the option and previous option exercises and transactions with CMKX, UCAD currently holds 8.16% of all of CMKX's mineral claims. Should UCAD exercise its remaining portion of its option, the company will hold 15% of all of the CMKX mineral claims.
Rendal Williams, CEO of UCAD, stated, "The company expects to exercise additional percentages under the option as we move forward, increasing our holdings and asset base with the acquisition of potentially high revenue properties."
Further details relative to this project will be forthcoming in future press releases and at http://www.uscanadian.net/.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:
Statements contained in this document which are not historical fact are forward-looking statements based upon management's current expectations that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements.
-------------------------------------------------------------------------------- Contact: U.S. Canadian Minerals Inc. Chris Hanneman, 303-220-8476
posted
i'm slow dw...just got home haven't had my coffee yet..lol...just got your post
Posts: 3651 | From: Algonac, MI. 48001 | Registered: Jun 2004
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quote:Originally posted by bill1352: wasn't thinking of you dw...more along the lines of zen, dr. d and a few more from rb
[This message has been edited by bill1352 (edited September 28, 2004).]
lol bill. I know you weren't. I try not to pump and I certainly won't bash. In fact, I don't really contribute much of value to the board. I just enjoy learning from guys who post good stuff on here...you included. I just couldn't resist the "drugged pumper" thing.
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good question TW, i think they are done pumping this thing cuz it's become obvious that without a major diamond find, it's pretty much not going anywhere.....
Posts: 36378 | From: USA | Registered: Sep 2003
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Bill1352 wrote: plus where else can i read stuff from drug filled pumpers & hate filled bashers, have a company mess with my mind, watch mm's manipulate the heck out of a pps and if it does tank by owning stock I can have the dubious honor of being part of the biggest stock scam in the history of the market...lol -------------------------------------------- Bill, really enjoyed the above. Hell, who knows, maybe they will find loads of diamonds. -------------------------- -------------------------
JEAL,
I baffle you? How so? I say things as I see them...always have.
posted
How many diamonds do think are up there?They're a diamond mining Co. that's what they do.Drilling for 'em...ofcourse I'm waiting on diamonds.
Posts: 2634 | From: The highway | Registered: Feb 2004
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posted
Well, well, well. It's my good friend highwaychild. You wrote:
They're a diamond mining Co. that's what they do.Drilling for 'em...ofcourse I'm waiting on diamonds. ------------------------------------------- Are they still drilling for diamonds? Do you know that for a fact? Have they put those so-called additional drilling rigs to work (assuming the are operable)? What happened to those other samples from "Carolyn"? More dismal results beyond the 2 micros announced?
"A diamond mining Co.? Are you sure they are not just in the business of passing PRs about money back and forth? Are you sure it is not just someone's "joy ride". Those things have happened before and no one listened either.
[This message has been edited by Wallace#1 (edited September 28, 2004).]
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Look I feel sorry for those who were cought high @.0009 or 8.But I think maybe some MM('s) was caught that high too.And I'm pretty sure they would like to see it get going again as well as anybody. Me I got in @ .0001 AND 1/2 were free.As in a free ride.So like I said before 'I'm all in'.I'll be riding this horse just to see where she takes me.Yee HA!
Posts: 2634 | From: The highway | Registered: Feb 2004
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posted
Hope not either...HA HA HA...But no thanks for all the $$$$ you keep dumping.LOL
Posts: 2634 | From: The highway | Registered: Feb 2004
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posted
One good reason is you say you look out for the newbies so why not give something you feel positive about as well as what you are against. unless you are against every single stock out there. I am somewhat skeptical about this stock too but in order to take your advice I need to feel confident that you actually arent here to only post negative info on any given company but you actualy are good at predicting if a company is worth a risk or not, if you cant think of a good risk to invest in it would be hard to validate that a stock you think is bad truly is bad.
Posts: 123 | Registered: Jun 2004
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quote:Originally posted by sdrobert: interesting wallace does not give a good pick but only a good smear.
He gave you the basic info. on how to find one. Who would want to be responsible for giving you a tip and due to unforeseen bad luck the bottom fell out... AUML is what I would tell ya! lol or USCI or PRRM
posted
personally i think if they hold for about a yr even ppl at .0009 will do well. with all the info about the area and you need to look at shore not debeers because debeers really doesn't want more diamonds in the market, the place they are drilling now will more then likely find something worth mining now finding enough to make a 800 billion o/s move past .01 i dont think is possible and there is no way to mine that much in 1 yr. forget the fact that putting that many diamonds in the market would crash the price. now if you had the money to risk on 100 million or more shares and held for a while i think a yr or so from now you'd do very well. but $40,000 is a lot to risk.
Posts: 3651 | From: Algonac, MI. 48001 | Registered: Jun 2004
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posted
bill I liked that post good optimism without unrealistic expectations and no bashing or pumping nice one for someone who is for the stock not over done. I think noah and wallace are actually the same person with a split personality. one pumps so much they should sell hot air balloons and the other half is so negative it leads me to believe he is actualy so depressed of a person that tried to jump off a bridge and only broke an ankle.
Posts: 123 | Registered: Jun 2004
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No offense, but do yourself a real big favor and go over to the post by RobinO about stock frauds. It's right here on the "under .10 topics". The second one which identifies an Allstocks site might be of particular interest to you or to anyone who at least wants to know what to look for. It truly is an eye opener for someone who is not aware! You will also find some interesting similarities to CMKX.
Now, after reading that site, can you see why I might post as I do. Is Allstocks a basher as well? I have been posting the same basic things as they say to be wary of.
Since RobinO might not want to subject himself/herself to the usual comments on this thread, I have taken the liberty of reposting that Allstocks site. I do hope he/she does not object. http://www.allstocks.com/copia/html/the_basics_of_otcbb.html
[This message has been edited by Wallace#1 (edited September 28, 2004).]
quote:One good reason is you say you look out for the newbies so why not give something you feel positive about as well as what you are against. unless you are against every single stock out there. I am somewhat skeptical about this stock too but in order to take your advice I need to feel confident that you actually arent here to only post negative info on any given company but you actualy are good at predicting if a company is worth a risk or not, if you cant think of a good risk to invest in it would be hard to validate that a stock you think is bad truly is bad.
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Wallace: I have tried to understand the reasoning behind your postings and to no avail. However, you do remind me of a few examples of people that I cross paths with each and every day: #1. The Guy Who Has Found "God" and goes out of his way to make sure that he pushes his new found beliefs on everyone else. #2. The Alcoholic who could not handle his drinking and joins AA, now he believes that no one else should drink, because he believes that everyone else is like him and can't handle their alcohol. #3. The Reformed Smoker, who could not control his habit, either got cancer or quit and now believes that he needs to preach to everyone else not to smoke. #4. The gambler who lost everything through poor judgement and now preaches about the evils of gambling. #5. The Ex Day Trader who had dreams of making big bucks and invested more that he could afford and lost everything #6. The person who has no one in life so he spends his entire on Allstocks, posting so that he is not so lonely in his own life.
I just do not know, but I would like to know why you spend so much time trying to save us from what you think is bad or will harm us. Are you able to give an answer, I am sure that there are many of us who post,that would like to know. Wallace I am not saying that you are any of these people that I have mentioned, but I am puzzled as to why you are so persistant in wanting to save us all!!!!
------------------ "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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posted
Wallace: Another thought, maybe just maybe you are working for Urban Casavant and the gang. Because with all the negative things you have said about CMKX, its had a reverse effect on me as it has made me BUY MORE and made me HOLD. Its like telling me I should not see a new movie, that will only make me more curious and I will go to see it. So thanks for the negative postings because I have bought more and in the long run will be richer.I am sure that Urban is proud of your work. Thanks Wallace, many. many thanks, I cannot thank you enough.
------------------ "If We Agree To Disagree, Then We Can Remain friends"
[This message has been edited by Doctoall (edited September 29, 2004).]
Posts: 4727 | From: Elk Grove ( Sacramento )CA USA | Registered: Jun 2004
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posted
I can't understand why everyone doesn't understand. lol
I understand where Wallace is coming from, and I appreciate the questions he brings up. Out of all the people on this board he is the one that has taught me "what to look for". Being only into trading since May, I had slim and practically no idea about stocks and traits of possible scams.
Why everyone rags on him is beyond me. There is so many things about this stock's people that greatly lacks professionalism. And they are coming across like they are pretty dang shady. After finding those court records, and reading about Casavant's past dealings I definately got a BAD taste in my mouth. I may talk crap about this stock, urban, melvin... And dig up dirt. But for some odd reason my gut tells me to hold. So I am, and in the mean time I am going to say what I want be it - or +.
quote:Originally posted by Doctoall: Wallace I am not saying that you are any of these people that I have mentioned, but I am puzzled as to why you are so persistant in wanting to save us all!!!!
Doctoall, I'm as high on cmkx as anyone on the board but I'm not a pumper. However, in defense of Wallace (and I'm sure that he doesn't need my defense), I really don't think he is trying to "save" anyone from this stock. In my opinion he is a pofessional basher basher who gets paid according to the number of times he posts something. If this indeed is his job, then he is very good at it and he can take pride in that. He's really not a bad guy. Rather, in my opinion, he is just misguided. Perhaps someone can re-post the excerpt that describes the characteristics of bashers. Sorry Wallace...no offense intended. JMO.
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TradingPennies: It not that I have anything against Wallace, or want to rag on him. It just gets old, same old thing day after day. I come to Allstocks, to see what is happening and to get advice and chat with good friends that I have met here and have come to respect. I to appreciate the fact that there are those poeople who want to watch out for us, but you must admit it does get old. Maybe Wallace should open his own thread and we could go there if we want for his advice or perspective on a stock. Once again I am just trying to understand where he is coming from, not intending to rag on him. I am sure that he is mature enough to understand that.But I only need to be told once and then I respect the notion of free will and being able to make up my own mind.
------------------ "If We Agree To Disagree, Then We Can Remain friends"
[This message has been edited by Doctoall (edited September 29, 2004).]
Posts: 4727 | From: Elk Grove ( Sacramento )CA USA | Registered: Jun 2004
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This is the last time I will respond to any of your posts. I DO remember a particularly objectionable post you made toward me.
If you are a doctor of any kind, I am sure you will appreciate the need for a second opinion.
As to buying in to CMKX because of my so-called negative postings (all of which happen to have been FACTS)...that, I find is a most unusual way of spending your money.
Did you go to that Allstocks site? There must be at least 5 separate warnings that fit CMKX and it's people. --------------------------------------------
And to that someone else who likes to join with the jackals from time to time...get off the fence and state what you truly feel about CMKX. It's no one's fault but your own that you bought into CMKX the second time...even when you knew better.
In my opinion he is a pofessional basher basher who gets paid according to the number of times he posts something. If this indeed is his job, then he is very good at it and he can take pride in that. He's really not a bad guy. Rather, in my opinion, he is just misguided. ------------------------------------------ "He's really not a bad guy." is the only thing about those statements that is correct. You couldn't be more incorrect about the others.
Did you look up that Allstocks site above? How about you posting the various points that fit with CMKX? Then, it will save me the trouble and the remarks I get. Do you have the guts? If not, maybe that guy Upsides will provide the enlightenment.
[This message has been edited by Wallace#1 (edited September 29, 2004).]
posted
sdrobert wrote: so why not give something you feel positive about as well as what you are against. unless you are against every single stock out there. I ----------------------------------------- As I said before, I see almost nothing positive about CMKX to post except that they have unproven claims that MIGHT, just MIGHT contain diamonds.
"...against every single stock out there."? Get real! Show me a stock with positive attributes and I will post it if I am interested in it. Here's a good one, but I am guessing it is out of your league...UCAD. I have recommended this one before. Another is PDGE which, again, is probably out of your league.
PS: I'm out of here for now.
[This message has been edited by Wallace#1 (edited September 29, 2004).]
posted
Good Morning Wallace: Glad to see that you are alive and well. Any good day is a day when you can tell someone else how you feel, in your case how bad CMKX is
------------------ "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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posted
Now that CMKX has received the last payment from SGGM, does anyone think we'll get a PR for the distribution of SGGM's 200 billion shares? Posts: 19 | Registered: Apr 2004
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quote:Originally posted by Wallace#1: dwman wrote: .
Wallace, I don't know what point to which you refer but it doesn't matter. I don't re-post bashes. It's has nothing to do with guts. I still think you are a paid basher but, compared to some bashers, you seem like a nice guy.
posted
You guys really need to come over to the CMKX ********s...
Wally and his crew seems to have worked their magic on this thread...
You know there are LOTS of dissenting views on the ********s, however they aren't BASHER like in nature, unlike many of the posts on this thread...
Debi left, Noah left, I am pretty much on lurk mode, The same goes for Wizardress... and others...
Dwman, I understand not wanting to give up on this thread, it's SAD that the people who don't own stock and who have been calling it a scam are the ones who caused many of us to 'leave'... And this has been pretty much the consent of a lot of people...
Again, Wallace posts here EVERYDAY and his usuall crew of people back him up...
It is beyond me how Trading Penny can sit there and say that Wallace gets 'ragged' on... Well crap on something for three months, almost every day, there will be people who don't like you...
Again, Trading Penny, you say you got started in May? Well I think Wallace has taken you for a sucker... considering you accept his LIES of buying at .0001...
This is beyond comical! Again, I suggest you guys try the cmkx ********s. This place(Allstocks CMKX Thread) use to be really good and fun, with pro and con ideas, however what Wally and Co. have done to this place is terrible... WAY TO MUCH NEGATIVITY...
Peace~
-John-
Posts: 759 | From: Long Island, NY | Registered: Dec 2003
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JBCAK47: Yes I agree with you Its Time To Move On. I joined Allstocks so that I would be informed NOT "Bashed To Death". I to will move on to another board. Maybe our paths will cross there. Let Wallace have the thread!!!!!!!!
------------------ "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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