posted
Legal; I for one have lost any faith that this company will rebound and become something of value to us shareholders. I still have 12 mil shares at 0.0001 that are all but worthless. So while I have no reason to believe in CMKX after all the crap that has gone on, I hope that you are right, but I would not invest one more cent in this stock nor would I encourage others to do so. Until I see some positive results in this stock I remain unmoved by your posts. Show Me The Money (Diamonds) And I May Start To Believe Again.
------------------ "If We Agree To Disagree, Then We Can Remain friends"
[This message has been edited by Doctoall (edited December 14, 2004).]
Posts: 4727 | From: Elk Grove ( Sacramento )CA USA | Registered: Jun 2004
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posted
Because there was an easier out, as I stated. Just say "We didn't find anything and close up shop." As a pink sheet he didn't have to answer any questions. And the MM's would have just shorted him and the shareholders right out of the market. He would have needed a good bankruptcy attorney, but not a Securities Specialist.
Instead he has gone on with the accumulation, both before and after Roger Glenn.
He showed Roger Glenn the "goods" or he would not have involved himself and his company. All the talk of just doing it "for the money" is just uneducated talk when it comes to reputable law firms. They are getting plenty of money. And they get it because of their reputations.
He could have gotten an (as some may call it) "ambulance chaser"; but not Edwards and Angell or Roger Glenn. IMO
quote:Originally posted by Doctoall: Legal; I for one have lost any faith that this company will rebound and become something of value to us shareholders. I still have 12 mil shares at 0.0001 that are all but worthless. So while I have no reason to believe in CMKX after all the crap that has gone on, I hope that you are right, but I would not invest one more cent in this stock nor would I encourage others to do so. Until I see some positive results in this stock I remain unmoved by your posts. Show Me The Money (Diamonds) And I May Start To Believe Again.
I am not in the business of promoting stocks. If I were, it would not be one like CMKX. There is much risk in this one, but we all know that is the source of gain. If that is how you feel, if that is all you want to invest in this "gamble" then you have reached the place you want to be. I wouldn't recommend that you buy one more share.
Personally, I obtained a few more last week at .0001 on the high volume day. I am now waiting to see if they make it three days without being reversed. I think that was today, and they are still there. But I am not promoting this stock, I just answer questions with my opinion. That opinion is based on many months of DD on the company before jumping in. I have seen the good and the bad on this company and Urban Casavant. I think the good far outweighs the bad. I know Roger Glenn has a strategy, that is what he gets paid to do, and I am anxious to see it play out, because at a minimum it will be "very interesting". IMO
[This message has been edited by legaleagle (edited December 15, 2004).]
quote:Because there was an easier out, as I stated. Just say "We didn't find anything and close up shop." As a pink sheet he didn't have to answer any questions.
But would that really have been an easier out? If those 400/800 billion shares were in the hands of shareholders, don't you think some noise would have been made? Enough to start an SEC investigation? Enough to start multiple lawsuits? To me, the easy out is to hire an attorney who is familiar with the SEC from a firm that has proven itself capable of defending officers of publicly owned companies in shareholder lawsuits. Wouldn't that only enhance their reputation with their target audience?
quote:Originally posted by Upside: originally posted by legaleagle: But would that really have been an easier out? If those 400/800 billion shares were in the hands of shareholders, don't you think some noise would have been made? Enough to start an SEC investigation? Enough to start multiple lawsuits? To me, the easy out is to hire an attorney who is familiar with the SEC from a firm that has proven itself capable of defending officers of publicly owned companies in shareholder lawsuits. Wouldn't that only enhance their reputation with their target audience?
For this to have been a scam, Urban would have needed to announce some type of success at finding diamonds when he had not. CMKX was a diamond exploration company. If you "explore" and people "bet" on you, and you don't find anything, then you haven't done anything wrong.
We know he accumulated target claims. If there wasn't anything on those claims, and he is forced to close up, then there is no harm done. He carried out his responsiblity to "explore". There was no guarantee of success. He would have to file bankruptcy to avoid shareholder claims; but that is a fairly simple task for a bankruptcy attorney. Ask "The Donald". IMO
[This message has been edited by legaleagle (edited December 15, 2004).]
[This message has been edited by legaleagle (edited December 15, 2004).]
quote:For this to have been a scam, Urban would have needed to announce some type of success at finding diamonds when he had not. CMKX was a diamond exploration company. If you "explore" and people "bet" on you, and you don't find anything, then you haven't done anything wrong.
That's true when looked at in black and white, but when you throw in all of the ambiguous p/r's, oughtright lies by their company spokesman on message boards and so on, it becomes a different situation.
Answer one question if you will. The p/r they issued that the Carolyn pipe was found to be diamondiferous was released on a Thursday after market close when the U.S. markets were closed the following day for President Reagans funeral. They claimed to have the results from the Saskatchewan lab. Those results were disappointing at best. Why then did they release a p/r that inflated the hopes of every investor and at the same time cause harm to come to their Canadian partners?
posted
fully reporting, big deal. whats to report a secret diamond find???. remember ucad is fully reporting & ucad has a % of all those diamond claims & nothing in their last report said they found anything in fact it did say they didn't find kimberlite in enough amounts to be commercially viable. or our we to believe they withheld the truth of a find to help cmkx?? i don't think so, not in anyones wildest dreams. they have shareholders to account to also. so whats to report the o/s?? we know that already from dividends. as for moving to a bigger exchange, not on your life. you need pps & income levels held for a period of time & cmkx isn't close on any of them.
Posts: 3651 | From: Algonac, MI. 48001 | Registered: Jun 2004
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posted
Wish I could say I was responsile for that picture with the Information Minister. It is genius. Found it on another board. Here is one I did do a few months ago, lol.
posted
Highwaychild, It appears I owe the board and Roger Glenn an apology. His resume is impressive, and for me to go off the deep end because I had never heard of him was not right. We are all stuck and must wait for this scenario to play out to its conclusion. For all our sakes, I hope this company does something good for all of us. Not the ridiculous dreams of being ultra-rich, just a stock that makes us a tidy profit for our investment and aggravation. I will be quiet now and continue hoping, and wish us all the best of luck. Appreciate all the input, both good and bad, on this board. Ed Posts: 1772 | From: Oxford, PA, USA | Registered: Oct 2004
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quote:Originally posted by Upside: originally posted by legaleagle: That's true when looked at in black and white, but when you throw in all of the ambiguous p/r's, oughtright lies by their company spokesman on message boards and so on, it becomes a different situation.
Answer one question if you will. The p/r they issued that the Carolyn pipe was found to be diamondiferous was released on a Thursday after market close when the U.S. markets were closed the following day for President Reagans funeral. They claimed to have the results from the Saskatchewan lab. Those results were disappointing at best. Why then did they release a p/r that inflated the hopes of every investor and at the same time cause harm to come to their Canadian partners?
The "diamondiferous" PR, released by CMKX on June 10, 2004 was based on samples which were analyzed and tested by a Laboratory. They proved that the samples were diamondiferous. There were five holes drilled at Carolyn, with 12 core samples in total. The first samples from two of the holes were stored in a secure warehouse, and half of the samples were sent for this analysis. Following this, three more holes were drilled. So we have a report on only two of the twelve samples. The remaining ten are still the subject of much speculation as to what they contained.
In addition, any laboratory test results are sent to the Sask government, and are available to anyone, including our competition. i.e. DeBeers.
All of these samples were examined by our geologist in the "warehouse" and the samples to be examined were "chosen". The rest apparently stored in the secure facility for later analysis.
What I am proposing, is that with a prior geologist examination of core samples, the company can obtain the results that they want by submitting the samples that produce those results.
Imagine for a moment that they actually had samples with larger diamonds, and send those for analysis. The information is immediately out to everyone, that CMKX has made a "major" find. As a result there is heavy demand for CMKX shares and the price starts to run. However, with a NS position, the MMs would hold down the price by further shorting into the run.
The only way to prevent this would be to hold up the best results until the company moves off the pinks, to a higher exchange.
Moving to a higher exchange was exactly what Urban went to Roger Glenn to accomplish. Roger joined the company right after the results were made known.
This is a long way around to answer your question.
The "diamondiferous" PR was issued to inform shareholders that Carolyn contained "something" of hope, without announcing the results of the remaining core samples.
After the release, the market was closed for Reagans funeral. The Canadian exchange was open, and the JVs were halted to avoid giving them an advantage while the US markets were closed.
The following Monday, I believe it was, the JV's issued the "micro" PR in order to be re-placed on the exchange for trade. No harm was done to the JVs, they were just not allowed a trading advantage over CMKX.
I suspect that we will know what the results of Carolyn are, only after we are reporting and move up to an exchange where positive results can benefit the company PPS without any interference from the MMs. All IMO
[This message has been edited by legaleagle (edited December 15, 2004).]
posted
There is no proof yet available that the "lapsed" claims were actually the Carolyn Pipe. Work (drilling) on the site would have kept it from expiring.
[This message has been edited by legaleagle (edited December 15, 2004).]
posted
god bless ya legel, i'm glad your keeping the faith but along the way you at time let dreams over shadow reality. reporting probably would get them on the regular OTC board but thats all. and that means nothing, any bum company can get there by just reporting every 3 months. cmkx has claims in 2 countries nothing in the US unless you count the oil used in the race cars which by the way is probably worth more then anything else in the empire at this point. your placing hope on samples from a pipe that was rejected a few times in the past by other diamond mining companies. companies that by the way actually mine diamonds, ya know working mines, diamonds coming out of the ground in sizes & amounts that can be sold. or your pinning hope on the fact that cmkx split the dividend to all naked shorted shares too i guess. i'm sure that would fly in a sec report. right up there with making a deal with naked shorting mm's. ahhh but then white collar crime does tend to pay better then a bank robber, less stiffer penalties and all. still maybe after an r/s from hell & maybe in 5 or 10 yrs they will be doing something with the claims that give them value but until then don't hold your breath. why?? no matter what the o/s is not billions or tens of billions its hundreds of billions. notice on the bottom of a reporting companies report it talks about earnings per share??? a great JV mining company might do $100 million a yr. after expences that would work out to .0001 per share or less & cmkx is yrs from coming close to doing $100.00 per yr in diamonds
[This message has been edited by bill1352 (edited December 15, 2004).]
posted
NSDM had an interesting P.R. today. Here is a excerpt from it...
NSDM has reached agreement with a very well known Canadian joint venture partner. More details of this agreement will be announced when regulatory approval is received. Walter Stunder, President of NSDM explained that this partnership will add significant resources to an immediate kick-off of the 2005 exploration program without compromising or diluting share holder value. The drilling program can now be executed for 2005.
...Hope it's CMKX.If it is or if it isn't,it sure leaves alot out there to the imagination.Especially to me since I own some of each. ---------------------------------------------------------------- Ed,you da man.I enjoy your posts.Keep 'em comin'. Weather or not everyone here knows everything or not,it's still the biggest wait and see I've ever seen. I get a big kick out of this thread.Sometimes in the head.LOL Sure is fun though.
[This message has been edited by highwaychild (edited December 15, 2004).]
Posts: 2634 | From: The highway | Registered: Feb 2004
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posted
I have been losing money ever since I bought cmkx at .0009. And even though my monetary value went down, the entertainment value increased. I feel it's a wash so for. I thank everyone for their input -even the negative ones...smiling. The joy this site and thread has given me is money well spent......LOL
In good spirits, Craig
Posts: 44 | From: St Louis, Missouri, USA | Registered: Dec 2004
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posted
That's good if you can smile even after your stock is down about 80%. Hopefully one day it will run at least up to 0010, doesn't look like it tho GLTY
quote:Originally posted by Newpaper: I have been losing money ever since I bought cmkx at .0009. And even though my monetary value went down, the entertainment value increased. I feel it's a wash so for. I thank everyone for their input -even the negative ones...smiling. The joy this site and thread has given me is money well spent......LOL
In good spirits, Craig
[This message has been edited by TruthTeller (edited December 15, 2004).]
posted
Gotta disagree with you there TruthTeller. I still believe this old girl has one more run in her before it's lights out. Not for the reasons that legaleagle states but just because it's inevitable. At some point they're going to issue some sort of p/r that is going to make the pps jump again. I don't believe it will be anything real and it will probably be short lived but that will be your chance to get out.
Posts: 5729 | From: Wisconsin | Registered: Sep 2003
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posted
No Truth,I haven't seen 'em,but knew they should be rollin' in soon.They say a picture is worth a 1000 words.So thats worth 66,000 words.But just to save bandwidth,I see 2 gold ore processing plants there in Portovelo,and going on memory,one in Las Vegas.Going on the CMKX October 19th P.R. they should be churning out a steady 80 tons of gold ore per work day by now.
Mondayschild's(nice name) info is impressive as well.
Posts: 2634 | From: The highway | Registered: Feb 2004
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posted
According to that link, there are 3 plants in Ecuador. 1 Santa Fe plant and 2 Yellow River plants. Like you said 2 cities tho.
Up, I hope you are right.
quote:Originally posted by highwaychild: No Truth,I haven't seen 'em,but knew they should be rollin' in soon.They say a picture is worth a 1000 words.So thats worth 66,000 words.But just to save bandwidth,I see 2 gold ore processing plants there in Portovelo,and going on memory,one in Las Vegas.Going on the CMKX October 19th P.R. they should be churning out a steady 80 tons of gold ore per work day by now.
Mondayschild's(nice name) info is impressive as well.
[This message has been edited by TruthTeller (edited December 15, 2004).]
posted
Oh yea,overlooked it.I could have swore there was talk of one opening up in Las Vegas a while back.Oh well,3 it is.
Posts: 2634 | From: The highway | Registered: Feb 2004
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posted
Just read through the last two pages of posts. The best parts were Will's post about the Minister of Information and Up's telling legaleagle he seemed to know what he was talking about! LMAO Doubt Up was right about CMKX having another run in store for the hopeful and the faithful. Oblivion (as in CIM) is more likely. IMO, IMHO, AISI (as I see it), MTL (more than likely), etc.
As far as Glenn is concerned, I stated months ago that his resume did not appear so impressive to me...and I stand by that statement. Just a few deals specified and no names. Hell, a junior lawyer on Wall St. has a better CV than that! Go check out the background of a Sam Butler at Cravath, Swaine & Moore and you will see a real securities lawyer's background. By now, he may have retired. He had about 7 or 8 junior lawyers working with him that would make Glenn shake in his muddy Carolyn pipe boots!! Then there was Sam himself...one hell of an honest, fair but hard-as-nails tough outside corporate counsel. Enough of the BS about Glenn!!
posted
It's uranium folks! Scroll down to see CMKM Diamonds
Only one problem.... the website would not work when I clicked on CMKM Diamonds. It is probably something posted in cmkx website now but it is said to be down along with USCA website. http://www.antenna.nl/wise/uranium/ucomp.html
quote:Originally posted by Wallace#1: IMO, IMHO, AISI (as I see it), MTL (more than likely), etc.
As far as Glenn is concerned, I stated months ago that his resume did not appear so impressive to me...and I stand by that statement. Just a few deals specified and no names. Hell, a junior lawyer on Wall St. has a better CV than that! Go check out the background of a Sam Butler at Cravath, Swaine & Moore and you will see a real securities lawyer's background. By now, he may have retired. He had about 7 or 8 junior lawyers working with him that would make Glenn shake in his muddy Carolyn pipe boots!! Then there was Sam himself...one hell of an honest, fair but hard-as-nails tough outside corporate counsel. Enough of the BS about Glenn!!
Wallace, IHTTLATIEWBISCOTYAB ( I have tried to look at this in every way but it stil comes out that you are bashing.) LOL Just kidding wallace, don't stop digging.
posted
highwaychild -- As I suggested, look up Sam Butler's CV. He handled more securities deals in a week than Glenn handled in a year.
Dwman -- Glenn's CV shows something like 6 to 8 accomplishments...incl 1 IPO. That is no record to brag about!
tic-toc -- If I gave Will credit for that Minister of Information thing when it was due you...sorry. However, why not let Will enjoy it since he seems to be in another of his sour moods! LOL
quote:Originally posted by Wallace#1: highwaychild -- As I suggested, look up Sam Butler's CV. He handled more securities deals in a week than Glenn handled in a year.
Dwman -- Glenn's CV shows something like 6 to 8 accomplishments...incl 1 IPO. That is no record to brag about!
tic-toc -- If I gave Will credit for that Minister of Information thing when it was due you...sorry. However, why not let Will enjoy it since he seems to be in another of his sour moods! LOL
posted
Any news on the GEMM share distribution that was announced several weeks ago? Supposed to be 3 distributions for owners of CMKX as of 10/01/04: We got one but nothing since. Any facts will be appreciated.
Posts: 2152 | From: Ohio | Registered: Sep 2004
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