posted
Do you think CMKX will ever make us any money.
Poll Information
This poll contains 1 question(s). 50 user(s) have voted. You may not view the results of this poll without voting.
-------------------- Dont buy or sell on my opinions, do your research. Make sure you know what you are buying before you buy.
This is a non reporting pink sheet with very high risk. From high risk comes high rewards. Dont invest more then you can afford to lose. Posts: 4801 | From: Prescott, ON, Canada | Registered: May 2004
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There never will be any diamonds mined because most kimberlites are never mined. Only a few in the world ever are. But, there will probably be some PRs about a few high grade diamonds found ... that will spike the stock price (a little) ... eventually ... maybe a long time away ... because it will only come after many test holes are drilled ... because finding the high grade diamonds is such an inexact science and expensive and time consuming. Mines are only built for the few kimberlites in the world that are the most profitable. It would be a lucky lotto ticket win if the CMKX kimberlite were one of the lucky few that get mined. the odds are far slimmer than anyone holding CMKX shares will ever believe. Remember - buy on Rumor sell on News (even weak news about a few high grade diamonds found).
Posts: 44 | From: San Diego, CA | Registered: Oct 2004
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The kimberlites in Canada have a very high rate of having high diamond levels and so a good percentage of them can become commercial profitable mines, and we have one of the largest diamond properties in the world. This part of Canada also has gold and base metal deposits, so we might also benifit from that, plus we have been acquiring shares in other companies, although that just might be share swapping amoung insiders. But somewhere along the line we will start to get a cash flow and if we find and start to develope what might be one of the largest diamond mines in the world, the stock could surprise every one and really take off, far surpassing its previous high of .0012, that would be nice.
Posts: 580 | Registered: Oct 2003
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Good morning P-T, I tried to vote, nothing happened. I clicked on the vote now button and nothin happened, I did it again, still nothing. Hopefully I didn't skew the results by voting more than once. Have a good 'un, Steve
Posts: 259 | From: Rogers, AR | Registered: Oct 2003
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P-T, Just got it figgered out. I only voted once, I promise. How 'bout all those bums in Flordia, there the ones we gotta' make certain only vote once. Hell, if they can vote two or three times in a presidential election, how do you plan on stopping them from voting more than once here? Steve....the man with all the questions, but no answers<G>
Posts: 259 | From: Rogers, AR | Registered: Oct 2003
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posted
Given all the confusion and lack of information from the company, I doubt if we will ever break the .0001/.0002 cycle.
-------------------- If I give you bad information, please feel free to sue me. I have nothing left anyway. Ed Posts: 1772 | From: Oxford, PA, USA | Registered: Oct 2004
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posted
no one can vote twice. the forum will not allow it. if you dont believe me try and vote again. it will tell you that you already have voted on this survey.
-------------------- Dont buy or sell on my opinions, do your research. Make sure you know what you are buying before you buy.
This is a non reporting pink sheet with very high risk. From high risk comes high rewards. Dont invest more then you can afford to lose. Posts: 4801 | From: Prescott, ON, Canada | Registered: May 2004
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posted
How can you believe that any company with as many shares as CMKX will ever move. Its basic math here. The only way this will ever move off .0001 is with a huge R/S and a actual diamond. I just really hope that people understand and do research before buying into a company. There has never been a company with this many shares do anything except sell shares. Not trying to bash here but inform. I hate to see good people put what little money they have into a dream that is impossible at this level of O/S.
Ric
-------------------- Invest with your brain not with your heart. Posts: 4405 | From: Bristol, Tn, USA | Registered: Aug 2004
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quote:Originally posted by Ric: How can you believe that any company with as many shares as CMKX will ever move. Its basic math here. The only way this will ever move off .0001 is with a huge R/S and a actual diamond. I just really hope that people understand and do research before buying into a company. There has never been a company with this many shares do anything except sell shares. Not trying to bash here but inform. I hate to see good people put what little money they have into a dream that is impossible at this level of O/S.
Ric
Ric, you have some really valid points. That being said, some of us made some serious bank on the last run. The people that lose in sub-penny land are the ones that fall in love with a stock. 99% of all subs have little or no chance of making the big leagues. Yes, there some examples, but in reality we have a better chance of winning the lottery than investing in "subs" as an "investment". That being said, to make money, we should play these stocks for profit on the dips and rises.
We all can ask ourselves the same question about any one of the sub penny stocks and come up with the same conclusion.
If one really believes in a sub penny company, it may be wise to play for free shares.
GLTA
-------------------- A day without dreams is just a nightmare! Posts: 1702 | From: Michigan | Registered: Oct 2003
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You're right about tending to lose money if you fall in love with a stock. When it ran up to .0012 or even as it backed down to .0010, I sould have sold some stock. If I had even just sold 10% the rest would have been a free ride and if it went back down to .0001 ...oops I just peeked at the price, then if I wanted I could sell all or even just some or the remainder and still have had a profit. Actually I should have sold 20%, that way, no matter what, I would have doubled my money. Ah well, still learning. Buying at a good price is only have the equation, you also have to sell at a good price.
Posts: 580 | Registered: Oct 2003
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I just checked the poll results...very surprising. I thought it would be 98% "not a snowballs chance" to 2% "possible". I think the "Fat Lady" has been singing for quite a while over this POS. Steve
Posts: 259 | From: Rogers, AR | Registered: Oct 2003
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posted
I hate to say this, but there are some big time dreamers here that need to be told about there sleep walking problem, lol. Sorry but I really didn't think that many on this board really thought this could make it. I hope you luck.
Well now that I think about it, not many but those who own CMKX probably voted and some bored people that didn't have anything better to do while at hospital with wife, lol. Everyone have a great nite.
Ric
-------------------- Invest with your brain not with your heart. Posts: 4405 | From: Bristol, Tn, USA | Registered: Aug 2004
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posted
Someone should email Roger Glenn this thread. I'm sure he'd love to hear some of these opinions that he has affiliated himself and his top shelf company with a scam. If you can't see oportunity when it's sitting in front of you, then just keep bashing. It's what bashers do best!
Posts: 78 | Registered: Apr 2004
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posted
posted January 11, 2005 08:47 -------------------------------------------------------------------------------- Hi everyone. CMKX is going to make many people rich. They have so many things going for them. What do they have going for them. Well let's make a list.
1.Hired high powered SEC Attorney... D. Roger Glenn (Angells & Edwards law firm). 2.Signed an agreement with another company for mining Uranium. 3.Kimberlites are known to have Gold and Silver. With 1.9 million acres of claims. Almost a no brainer that they will have both. 4.CMKX owns Gemm (diamond mining company), which has claims in Brazil with high quality diamonds already being mined. 5. Gemm also has a 50% profit sharing agreement with Elcapitan mining co. for mining high grade iron ore. Elcapitan has signed a 10 year agreement to ship iron ore to China. Worth 10's of millions of dollars. 6.Owner of CMKX also owns a private co. called Casavant International Mining Co. (Cim) has Zinc deposits valued around $500,000,000. 7.CMKX just recently purchased a gold producing mining company in Ecuador. 8.CMKX owns a racing car. It takes Big money to be able to do this. 9.As far as the share structure goes. Let's take a closer look at this. There are a total of 50,000 shareholders of CMKX. The average share holder owns 5,000,000 shares. Let's take just 40,000 X 5 million = 200 billion. CMKX has just recently retired back to the treasurey 75 billion. Plus the stock is naked shorted to death. I will suggest that there possibly might not be an O/S. Let's not forget that Urban Casavant has been retiring shares back to their treasurey for the last year. No one knows the share structure. It will be known soon. If you read this post and aren't convinced then I guess you'll just have pass on probably the greatest stock play of a lifetime.
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