-------------------- "keep your stick on the ice & your cup firmly in place" Posts: 3651 | From: Algonac, MI. 48001 | Registered: Jun 2004
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posted
Quite honestly, folks, this one has been a fantastic lesson for everyone with either point of view....or even those with both points of view.
Posts: 3607 | From: NJ - Outside Phila. | Registered: Mar 2004
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There use to be a company in Charlotte that made ladies hose.....Chadbourn Gotham. Are they still there? Really nice people.
Posts: 3607 | From: NJ - Outside Phila. | Registered: Mar 2004
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quote:Originally posted by Upside: Not bad Wallace! Not bad at all!
I will accept that as 100% approval!
Talk to you later. I can smell dinner cooking, and, it's not chicken salad.
Posts: 3607 | From: NJ - Outside Phila. | Registered: Mar 2004
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-------------------- "keep your stick on the ice & your cup firmly in place" Posts: 3651 | From: Algonac, MI. 48001 | Registered: Jun 2004
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posted
A few days ago I was asking about current status of a few things. I see everyone was busy picking at a new guy with a question that did intrest me also a Partner company ?? Doing what. Are there other companys as partners and must say mate, the title of this post is very alarming. I am holding a substantial position. Hope my traveling out of country too long has not allowed me to exit in time. A friend of mine said he was shipping a couple of truckloads to area. Is there activity now? He used to be in oil business, but may be using trucks for other shipments. I see speculation that other minerals in area just not sure if connected to this company. Lefty
Posts: 55 | From: Midwest | Registered: Jan 2005
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posted
Tango...that question would take days to answer. at least 6 companies are all mixed up in this. 3 canadian that make money, 1 shell that does nothing at all & 2 american, 1 does something maybe the other is controled by another...its a mess but since CMKX's probable o/s is 779 billion arrived at by 3 dividends does it really matter???
-------------------- "keep your stick on the ice & your cup firmly in place" Posts: 3651 | From: Algonac, MI. 48001 | Registered: Jun 2004
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quote:Talk to you later. I can smell dinner cooking, and, it's not chicken salad.
Just say the word and I'll have my wife make you a batch. I'll ship it to you via UPS. Don't worry about it spoiling in transit, it wouldn't effect it in the least.
Posts: 5729 | From: Wisconsin | Registered: Sep 2003
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posted
Happy to see you put that ? there, (......Postmortem?. You had me scared for a minute. I was about to do a search on CMKXQ.
Still waiting to hear what 1999-2001 financials have to do with the certainty of a filing, or what type of filing should be expected. CMKX failed to file or report O/S with the SEC for SHO lisiting? What filing is being referred to here? Becoming a fully reporting company, is that what rde3 meant when he referrenced filing? There sure is a lot of fresh, new, big talk over some stale, old, sickly financials. Very disturbing to watch the drowning grasping for straws, well I can watch it, but not on an empty stomach.
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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You wrote: "must say mate, the title of this post is very alarming."
No offense, but that is the way I see it as do many others at this point in time. The company (CMKX) and it's management seem to have done everything they could to hurt their chances of success. In addition, they have accomplished nothing worth mentioning from a results point of view.
The proponents are infatuated with the lawyer, Roger Glenn, who to date appears to have done nothing he promised and some believe he is being paid to protect Urban Casavant, family and others involved.
After some very good DD by others, it also appears that UC and management of associated companies have been involved in questionable activities in the past.
They had a party with USCA where UC was about to be taken apart. It was there that Glenn and UC were supposed to have spoken....didn't happen.
There are so many unappealing events and actions (or lack thereof) that it is difficult to even briefly outline all of them.
GLTY if you own a lot of shs.
Posts: 3607 | From: NJ - Outside Phila. | Registered: Mar 2004
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posted
geeeze wallace & i thought by starting this thread you were going to be pumping not bashing...lol
-------------------- "keep your stick on the ice & your cup firmly in place" Posts: 3651 | From: Algonac, MI. 48001 | Registered: Jun 2004
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quote:Originally posted by Upside: Don't we get extra pay for starting a new thread with a negative tone?
What the hell do you mean "we"???? Who could have started a "negative tone" more effectively than I? LOL
Posts: 3607 | From: NJ - Outside Phila. | Registered: Mar 2004
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posted
Where's our friend dwman? Haven't seen him post for a couple of days.
Posts: 3607 | From: NJ - Outside Phila. | Registered: Mar 2004
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posted
Well just make sure you get bash and a half pay for that one (9 cents). Look your check stub over thoroughly!
Posts: 5729 | From: Wisconsin | Registered: Sep 2003
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quote:Originally posted by Upside: Well just make sure you get bash and a half pay for that one (9 cents). Look your check stub over thoroughly!
You mean I am supposed to get a check stub? I would rather the check....haven't seen one in months.
Posts: 3607 | From: NJ - Outside Phila. | Registered: Mar 2004
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Saw your post, my friend. Please don't take it so hard. Notice the question mark after postmortem? Postmortem has more than one meaning....another is "following the event".
Posts: 3607 | From: NJ - Outside Phila. | Registered: Mar 2004
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posted
hey i was to get extra for that last thread????????? wtf, i'm getting ripped off. no checks for qbid over the summer was it?? & now nada for cmkx. i'm calling the union steward.
-------------------- "keep your stick on the ice & your cup firmly in place" Posts: 3651 | From: Algonac, MI. 48001 | Registered: Jun 2004
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27 Nov 2002 Urban Casavant announces Kensington/DeBeers has 58000 acres with a couple of mines valued between 40 to 80 billion dollars. He also states that we have 1.9 million acres of mineral rightsd in the same areas as Kensington DeBeers. He also states that the value of our claims has a very high probability as having the same value as Ken/DeBeers 58000 acres. having 1.9 million acres and hundreds of magnetic anomalies, not counting the non magnetic anomalies, gives us over 30 times the probable value of Ken/DeBeers. 40 billion X 30 = 1.2 trillion 80 billion X 30 = 2.4 trillion A Max O/S of 800 billion with 1.2 trillion would put us at $1.50 per share possibility and 2.4 trillion could put us at near $3 per share. Reduce the O/S and you will raise the PPS probablility.
I won't say much about our kimberlite pipes being much larger than Ken/DeBeers nor the comments by some in the company that we have 3 super kimberlites that are more than likely the largest in the world. With some of the sizes mentioned the calculations show that one pipe 2 miles in diameter as being able to produce 2 to 4 trillion dollars in diamonds alone seeing that the same Nov 2002 PR said our geolophysist said the diamond content would be between 1.76 and 4.9 carats per ton.
Add to that the confirmation from official documents from the Canadian government that some DD people have confirmed and our actual acreage of claims pushes up closer to 3 million.
Add to that the other minerals (Stuffiums as it has been referred to) and the PPS for CMKX continues to climb.
The only confirmed O/S we know of was an est 37billion shares in Feb of 2004 and another 75 billion paid to Nevada Minerals that was later purchased back. Get your mind off the A/S being raised to 800 billion and quit thinking that it had to be done to cover the O/S, this is not neccessarily true and definitely not confirmed to be even remotely true.
You are calculating how many shares investors might have and multiplying that by the number of probable investors and that is crazy calculations because many shareholders own naked short shares. Your 250 billion calculations would be legitimate and illegitimate floating shares. Only the "legitimate shares" are part of the true O/S.
As a continued note, a R/S (reverse split) would only worsen the naked short position and bail out the naked shorters by reducing their outstanding liabilities. This WILL NOT HAPPEN. Sorry for the caps.
Depending on the legitimate O/S one would have to decide if a R/S would eventually be necessary for CMKX. If we have 50 billion legitimate O/S and a market valuation of 500 billion, then there is no need for a R/S seeing that the PPS could carry a possible $10 to $30 per share price. Eventually we should see CMKX receive a true market appreciation and the O/S may be irrelevant if the valuation is proven to be high enough. I have no idea if and when CMKX may see something like I mentioned here, but it is possible and probable based upon known facts, company released info, and formula's based upon known variables.
If the O/S is larger, then the PPS reduces, and if we are carrying 500 billion or so legitimate O/S then I would think a R/S would come somewhere down the road, but not likely under .50 to 1.00 IMHO.
As far as basing your facts on the stock dividends issued thus far, any CMKX shares that have been issued or are currently in the treasury of the company and available for new issue are subject to be paid in the case of a share dividend. Meaning that all share dividends we have received so far have also been paid to the company for the shares held in treasury (not retired) and available for issue.
You cannot blindly speculate or assert for sure that those shares have been sold into the market place and therefore we have a 779 billion O/S because there is absolutely no evidence of that whatsoever.
If you take the 90 day trading volumes for some companies similar to CMKX and take the average day trading and divide that into the O/S of the company you will get an average percent traded daily of the O/S. When you get the "mean" of these daily trading volume percentages apply the percenatges to CMKX's daily volumes for the last 90 days or 120 or so days and you will find that our volumes indicate that we have somewhere between 1.2 and 2 trillion shares in our O/S. Once we are for sure what the O/S is or I guess more logically the float is for CMKX, we will get a pretty good idea of what the NSS position is. If we have 250 billion legitimate O/S for CMKX then we are carrying a NSS position of 1 to 1.75 trillion shares, etc...
These are just my opinions and I am not picking on this particular poster, just trying to bring a different perspective to their comments.
Please treat these as opinions of mine for that is all they are.
Thanks. No offence intended to anyone by my comments.
posted
legaleagle, what would we all do without you? Don't you just love it?
Posts: 3607 | From: NJ - Outside Phila. | Registered: Mar 2004
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posted
legaleagle do you still believe in Santa Clause, the tooth fairy and the Easter Bunny. If you click your heels together three times and make a wish it will come true.
-------------------- Invest with your brain not with your heart. Posts: 4405 | From: Bristol, Tn, USA | Registered: Aug 2004
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They need actual long sales that will actually settle to cover. Buying shorts to cover shorts causes a secondary fail that they must buy back again. That's no fun.
My GUESS on what happened is that ONE market maker, broker dealer, or hedgefund found a market maker or broker dealer who actually had a netted long (real) position in CMKX and made a deal with them to buy the shares for the set price. That's the only way I could explain a non-retail block trade above the ask like we saw today.
Anything written above, by me, is pure speculation or opinion except for facts which I may or may not back up. It is your responsibility to figure out if my "facts" are true or not. Do not buy or sell anything based on what I write.
Posts: 2375 | Registered: Nov 2004
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quote:Originally posted by Ric: legaleagle do you still believe in Santa Clause, the tooth fairy and the Easter Bunny. If you click your heels together three times and make a wish it will come true.
Click, Click, Click.............nope you are still here.
Posts: 2375 | Registered: Nov 2004
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posted
Little vendictive there legal. Got my rating from you. Oh well, It won't make this worth more then .0001. You can't have a company with this many shares having the type of pps as you keep saying. Your trying to say this company will be worth more then Microsoft and Walmart combined. Now thats real funny. If they wanted to prove O/S then they would release it and then the SEC could tell if there were shorting going on. But they won't, why is that if its even close to what you say, then it seems they would scream it from the mountain tops.
Ric
[ January 22, 2005, 03:23: Message edited by: Ric ]
-------------------- Invest with your brain not with your heart. Posts: 4405 | From: Bristol, Tn, USA | Registered: Aug 2004
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posted
legaleagle, there is a word in your posts that you use entirely too much. "IF" my grandmother had wheels, she would have been a wagon. You offer no proof for any of your "IF" statements, so basically you are guessing just like the rest of us. "IF" I were more handsome, then I would be a movie star. "IF" the moon were made of cheese, we could mine it and get rich. I am so sick of "IF". The only medicine I can see is two different letters....."PR" !!!!!! UC, is my check in the mail yet, or is it still "soon".
-------------------- 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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quote:Originally posted by Ric: Little vendictive there legal. Got my rating from you. Oh well, It won't make this worth more then .0001. You can't have a company with this many shares having the type of pps as you keep saying. Your trying to say this company will be worth more then Microsoft and Walmart combined. Now thats real funny. If they wanted to prove O/S then they would release it and then the SEC could tell if there were shorting going on. But they won't, why is that if its even close to what you say, then it seems they would scream it from the mountain tops.
Ric
(R)"Little vendictive there legal."
(L) Ric, this thread has deteriorated to little more than personal attacks on anyone who takes a positive approach to CMKX. You seem to want to join that "clique". You attack me with fairy tale references and then say I am a little vindictive, because I respond in like kind. Jeeesh.
You got your "rating" from the clique, so now do you feel like one of the "boys"?
(R) "You can't have a company with this many shares having the type of pps as you keep saying."
(L) Ric, you have fallen into the trap here. Just because the "boys" say it, doesn't make it so. We all know there is a huge "float" out there, but if you read the PR's, Urban has said in no less than five PR's that he was buying back shares. The only question is whether or not he has bought back most of the "legitimate" shares. If he has, then the rest are "naked shorted shares". Illegitimate and illegal, those shares will be valuable when the MM's are forced to buy them back, at escalating prices, in what is referred to as a "squeeze".
(R) "If they wanted to prove O/S then they would release it and then the SEC could tell if there were shorting going on. But they won't, why is that if its even close to what you say, then it seems they would scream it from the mountain tops."
(L) They proved the naked shorts to the SEC with the dividends, that's why we only have "markers" in our accounts for those dividends. The time that it is taking is directly related to the enormous task of straightening out the mess created by the "shorts".
If you are just wanting to be "one of the boys" then keep attacking the messengers. Keep calling CMKX a "POS" company, without having any facts to do so. 779 billion OS is not a fact, it is conjecture. The ongoing attempts to rectify the NS situation, require secrecy. That creates a void of information to the public, which bashers and negs can capitalize on to manipulate people for whatever particular "reasons" they have for doing so.
One thing we can all agree on is that there is a "void" of information out there from the company or the SEC. Which means there are no facts available to me or to the "negs" here. That means there is only speculation to go on. And until we have facts, no one is completely right or wrong. Not me, not you, not will or Wallace#1. So during the interim, until we have those facts, you and the rest can chose to attack the stock, attack the "longs", attack the "newbies" who happen into this room. But "if" the longs are right, shareholders will make money and a lot of it. If the "negs" are right we will lose. Then there are the non-shareholding "negs" like Wallace#1, of whom you wonder; "Why are they here at all". Oh yes, to save the "unsuspecting".
All in my humble opinion.
Posts: 2375 | Registered: Nov 2004
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-------------------- Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow Posts: 4727 | From: Elk Grove ( Sacramento )CA USA | Registered: Jun 2004
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