Joined: Aug 2004 Gender: Male Posts: 1,118 Location: Kentucky JMHO - We've got off track « Thread Started on Today at 1:17am »
-------------------------------------------------------------------------------- I must admit I have been a way from the boards for some time and things really seem to have changed. It’s amazing how many faithful have departed the ranks leaving the boards and possibly CMKX and some have crossed over and began to bash. I guess the long silent period along with information that has been gathered by others without company explanation is kind of wearing on all involved. None of us expected there would be such a long silent period with so much going on. I would only say that in my years of experience there is always more to the numbers and reports that are recorded than meets the eye. Everything with CMKX, including the reports and documents that are being circulated, has more to them than meets the eye.
Many have wondered where I have been. I have been busy working with the Katrina situation and many other things as well, but I want to take this opportunity to say “thank you” to everyone that has contributed or given of their selves to assist the victims of this catastrophic event. We are all feeling the effects of Katrina’s impact and unfortunately it will continue to affect us for a few years to come.
I am writing this because I was recently asked an interesting question by certain individuals that are, let’s say, very close to the CMKX situation. First off, I found it strange that I would be contacted and queried since I had chosen to draw away from the boards and Pal Talk. The question was multi faceted and this is a generalized version of that question: what, in my opinion, would be a favorable move for management to take to remedy the NSS, give the MM’s an alternative, serve the best interests of the shareholders {legit and NSS}, raise the PPS to an acceptable level to apply to an exchange, generate revenue for the company to further develop the assets, establish a time line for covering and completion, etc… This didn't sound like a question from individuals trying to run away or hide, IMHO.
I will not disclose what my answer was in case a decision is made to go along with any of my suggestions. I hesitate to share along these lines and I will try to be brief as possible as I am sure some may remember I can get a little long worded at times.
I will begin by saying that although I have been away from the boards I have not been out of the communication loop that I have enjoyed all along. I have never said all I knew, but only all I could and now is no different. Remember that these are only my opinions and I do ask that you treat them as such.
The main thought on my mind is that there is a remedy at hand and hopefully Mr. Casavant and Mr. Maheu with the assistance of Mr. Stoecklein will be or has been able to achieve complete success. My thanks to Mr. Maheu and his involvement with CMKX as we will all eventually, IMHO, owe him considerably for his efforts. Beyond the current 40,000 dollars a month he is receiving.
I am hopeful that Mr. Casavant has been successful in his discussions of late with certain entities, and I believe he has been. Many have no idea what the “PLAN” is, but I believe the generalities of it has been obvious for some time, it is just a matter of whether they are able to pull it off or not. From the beginning of CMKX’s regulatory woes, Mr. Maheu and Mr. Casavant have stated that they were not going to let the regulatory issues divert their attention away from their primary goals of claiming new lands, strategic drilling activities, and developing the assets currently in our possession. Some have played Mr. Maheu off as a “name” CMKX is using and nothing more. They could not be further from the truth, but only time will reveal it.
The regulatory woes have been the breaking point for most CMKXers with others falling victim to newly discovered documents, reports, and individual’s interpretation of what they all mean. Some have apparently even decided to pursue possible legal actions against the company as though this will some how fix things to some degree or allow some to salvage what they can before it’s too late. I will simply state my position that litigation against the company is and should be out of the question and is not the solution.
Whether anyone still acknowledges it or not we have a huge NSS position being held by the market on CMKX and I believe the temporary solution for many could come by continuing to press that issue. It seems strange that when we are on the verge of proving a NSS position and bringing the market to task to resolve the outstanding NSS position that documents begin to surface trying to shine a negative light on the management of CMKX. What mainly did this accomplish? It took the forward pressure that CMKXers and the OG had made up to that time pertaining to the demand for the resolution and exposure of the NSS issues of CMKX by the SEC and the SRO’s on a detour that caused many to end up on the wrong side of the tracks and asking for the companies head on a platter.
The NSS resolution is still a plus for all of us if we will see it through. Asset wise, we just recently had the reports by United Carina about our percentages in UCA, we have the American Mine Shaft, plus the other mineral rights that we reportedly have secured in Saskatchewan. Aside from all of that there is more. First I think we have to get over the issues about what the company did, who did it, how they did it, and why they did it, because it is holding us back from executing a temporary solution for generating value for us. I personally don’t care “at this point” if there is 703 billion shares outstanding, nor that they apparently were sold into the market place either directly or indirectly by CMKX or by a third party with restrictions removed. Yes it sucks. On the surface this could qualify CMKX as being a pump and dump, but where is the fatal “reverse split” of 10,000 to 1 or even a 1,000 to one? It isn’t there. Why wouldn’t they just go away as a failed mineral exploration company? It happens almost every day. Don’t think that 50,000 shareholders are keeping them from going away, not now.
I determined that I can’t change what has been sold into the market, or why it was sold into the market, or who sold it into the market and neither can anyone else. One thing that selling did for us, was that it convinced the MM’s that CMKX was a pump and dump and they naked shorted the fire out of it, “To Da Moon”. My professional friends have assured me that the NSS position on CMKX is between 2.2 trillion and 3.7 trillion shares.
Secondly, if we had no other assets, and I fully believe we do, the pressure that has been generated by the company issuing the share dividends from USCA, GEMM, and CIM, along with work by the OG has locked us into the driver’s seat to FORCE the market to cover and generate a high level PPS whether regulators help us or not. This is why it is not good that we have been side tracked by all of the documents and accusations over he did, she did, they did, OH MY. It may appear to be helpful or great DD, but I think at this point it is only distracting us from achieving our immediate goals of generating shareholder value.
I think the company is for real, in spite of performance, delays, blunders, and much more… and I intend to be around for the resolutions of the NSS, acquisitions, and asset developments of the future.
I believe the facts remain that if the company never had a single asset and if the company never did another thing productive, we could still help ourselves because many of us own shares that can’t be legally supplied by the market system because they are Naked Short. Pursuing the resolution of the NSS position is the most direct way for us to help ourselves and this is definitely one thing the company seemed eager to cooperate with us to accomplish. I think we need to get back on track and let the company work to resolve the regulatory issues if it can, continue to develop old assets and claim new ones while we put pressure on the market place in a united effort to win this thing once and for all. The whining has to stop.
I have said it before and I will say it again, if the regulatory issues end in a revocation, it is not over for us by any means. I think we need to regroup pick up the momentum that we had on the NSS resolution and run with it. I believe it is a win, win situation.
These are just my opinions and I ask that you treat them as such.
My thanks to all of you that are helping out on the boards especially those that are trying to keep CMKXers dreams alive. We have great potential if we will only allow ourselves to realize it.
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Maybe the few in here legal but there are plenty on the other boards and growing everyday.
But thats not even it. Don't you realize that this is a joke to everyone else that doesn't come in here. Go to the main threat and do a poll on what the board thinks of CMKX. Ask them what the biggest scam of all time is and I would bet it would be a close run between CMKX and AFRT.
Most know its dead and just don't say anything. There are thousands of investor that come to this board everyday and the way it's laid out they all can come in here if they want. Its not like the other boards were you have to seek out CMKX. The reason they don't come in is because they know this is a scam and don't care.
Only reason we are here is for the friends not the stock. Of course I would apologize if I was wrong but I don't say these things because I am wrong. If I was even a little unsure this wasn't a scam, I wouldn't say a thing.
-------------------- Invest with your brain not with your heart.
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Good point Ric. You know perhaps hundreds just read with no comment, but can get informed one way or another. That's what I like about this forum and site. What's really great is that we are free to believe what we want as well. What's (wait, am I using 's correctly here?) cool also is that a complete newbie to cmkx can maybe pick up cmkx at .0001 and if the some nutso MM decides to shake things for a half a day, the newb can sell the pos if it goes .0002 without knowing a frickin' thing about the whole sordid details. Because you know this thing will be shifting shares for years to come. Ahh, America, you gotta love it.! S5
-------------------- Eagles may soar, but weasels don't get sucked into jet engines....
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quote:Originally posted by ed19363: WHY does the company not want its faithful shareholders to know what is going on? That is the main question. Why are they silent? IMO, CMKX and all its JVs are NEXT to be revoked. The only thing I dont understand is what is taking so long to get it done. Is it bashing to ask for confirmed information from the company that holds part of my paycheck in its grasp? I THINK NOT !!!! Prove me wrong, and I mean PROVE, not speculate, and I will shut up forever. Hell, I may even become a pumper, but not with the info that has been coming out the last two years. All I ask is proof that we have not been had. I dont think that's too much for a shareholder to ask.
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Why not? All he ever does is make a fool of himself. We have fools on this thread already with certain CMKX cult regulars and the occasional CMKX cult mouthpieces. One more CMKX cult dummy won't matter.
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UC will probably skip to South America and start a seminar infocommercial on how to sell 700 billion non existing issues of a vaporware company and walk away rich. I can just see it now on the spanish channel.
-------------------- Eagles may soar, but weasels don't get sucked into jet engines....
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quote:Originally posted by stockster5: or peruvian channel .. or whatever language channel is there !!
Well we know that going back to Canada is not even an option,could be lots of trouble for him there. The water is getting very hot for him here in the US so I bet you are right SA here he comes.
-------------------- Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow
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Don't you just love it how some of these people put important titles in front of their name or on the boards. Dr., God, and so fourth yet most of them were lucky to finish high school let alone get a doctorate degree. They try to make themselves look more important then their lonely life allows so they have to post bullchit lies on the boards to get the gratification they can't get at home. I wish the shareholders would sue these pumpers for the trash they put out brainwashing the masses into believing their lies and theories.
Most with the title Dr. would be highly upset seeing their title abused. Because they worked hard to get it.
-------------------- Invest with your brain not with your heart.
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Joined: Sept 2005 Posts: 2,107 LEVERAGE, WE GOT IT AND WE WON « Thread Started on Today at 1:00am »
-------------------------------------------------------------------------------- I have felt like it really isn't worth posting anymore as we have said enough and the back and forth was really getting boring. From a year ago, at least since Roger came on board, I have posted relentlessly that we have the leverage it takes to succeed, and we did then and we still do. Really how easy was it to see the land and the short back when the CIM divvy was handed out.
This stock is as close to a sure thing as you get in the market. If we get cover we make money, well we will get covered.
The absolute going against common sense has been a result of the artificial doubt created by the hearing (by the way we started) and continues with the posting that goes directly against what some know to be true. One more contrived post about surrendered shares or one more post about how Frizzell isn't really convinced we have the goods was getting crazy. Frizzell and John know we have the goods and the short and that means we are going to make money.
Some have gotten caught up in the game, but if you just step back look at the facts and the people involved you common sense says this looks better than good.
Urban's happy in china, Dr. D sounds happy, Frizz and John say we have the goods and the short, Maheu and Glenn still here, dividends becoming unresticted, USCA's president along with Glenn, Edwards giving shares back, looked all along like we worked with the sec, NASD investigating and taking over the OTC, the SEC's 11 departures, Mahues son and all their connections, CSII, oil, uranium, etc, etc. Too easy if you ask me.
This was the stock play of a lifetime a year ago or more for some, it is finally coming to fruition now. I got a lot of flack for posting how easy this was, well I think I was right. Not easy if you fell for all the BS, but easy if you saw through it.
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Boy! that guy is just jam packed with facts and really backs up his "this is so easy theory". Just another pos nutcase. They're gonna have to build new nut houses to accommodate all these crazy CMKX fanatics.
-------------------- A million seconds is 13 days. A billion seconds is 31 years.
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Dividends are becoming unrestricted? I thought under rule 144 that the company has to be current in its reporting before the restriction can be lifted and the last I heard they were not. But even if you could, who could afford to transfer their divy's anyway. Also the company doesn't have to unrestrict it. If they feel CMKX is a loss because of the SEC actions and they will not benefit from the deal then why would they hurt their shareholders by unrestricting and diluting their float.
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What Are the Conditions of Rule 144?
If you want to sell your restricted or control securities to the public, you can follow the conditions set forth in Rule 144. The rule is not the exclusive means for selling restricted or control securities, but provides a "safe harbor" exemption to sellers. The rule's five conditions are summarized below:
1. Holding Period. Before you may sell restricted securities in the marketplace, you must hold them for at least one year. The one-year period holding period begins when the securities were bought and fully paid for. The holding period only applies to restricted securities. Because securities acquired in the public market are not restricted, there is no holding period for an affiliate who purchases securities of the issuer in the marketplace. But an affiliate's resale is subject to the other conditions of the rule.
Additional securities purchased from the issuer do not affect the holding period of previously purchased securities of the same class. If you purchased restricted securities from another non-affiliate, you can tack on that non-affiliate's holding period to your holding period. For gifts made by an affiliate, the holding period begins when the affiliate acquired the securities and not on the date of the gift. In the case of a stock option, such as one an employee receives, the holding period always begins as of the date the option is exercised and not the date it is granted.
2. Adequate Current Information. There must be adequate current information about the issuer of the securities before the sale can be made. This generally means the issuer has complied with the periodic reporting requirements of the Securities Exchange Act of 1934.
3. Trading Volume Formula. After the one-year holding period, the number of shares you may sell during any three-month period can't exceed the greater of 1% of the outstanding shares of the same class being sold, or if the class is listed on a stock exchange or quoted on Nasdaq, the greater of 1% or the average reported weekly trading volume during the four weeks preceding the filing a notice of the sale on Form 144. Over-the-counter stocks, including those quoted on the OTC Bulletin Board and the Pink Sheets, can only be sold using the 1% measurement.
4. Ordinary Brokerage Transactions. The sales must be handled in all respects as routine trading transactions, and brokers may not receive more than a normal commission. Neither the seller nor the broker can solicit orders to buy the securities.
5. Filing Notice With the SEC. At the time you place your order, you must file a notice with the SEC on Form 144 if the sale involves more than 500 shares or the aggregate dollar amount is greater than $10,000 in any three-month period. The sale must take place within three months of filing the Form and, if the securities have not been sold, you must file an amended notice.
If you are not an affiliate of the issuer and have held restricted securities for two years, you can sell them without regard to the above conditions.
Can the Securities Be Sold Publicly If the Conditions of Rule 144 Have Been Met?
Even if you have met the conditions of Rule 144, you can't sell your restricted securities to the public until you've gotten the legend removed from the certificate. Only a transfer agent can remove a restrictive legend. But the transfer agent won't remove the legend unless you've obtained the consent of the issuer—usually in the form of an opinion letter from the issuer's counsel—that the restricted legend can be removed. Unless this happens, the transfer agent doesn't have the authority to remove the legend and execute the trade in the marketplace.
To begin the process, an investor should contact the company that issued the securities, or the transfer agent of the company's securities, to ask about the procedures for removing a legend. Since removing the legend can be a complicated process, if you're considering buying or selling a restricted security, it would be wise for you to consult an attorney who specializes in securities law.
[ October 02, 2005, 13:42: Message edited by: Ric ]
-------------------- Invest with your brain not with your heart.
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Now on the short. It still boggles my mind how Frizzy thinks he proved NSS. He still assumes that he has a random sample and even most cult member know that the ones with the most to lose probably sent in their share counts first and those that hold a million or 2 probably didn't bother. All frizzy proved is that out of 11,557 people that faxed their statements in, that they held 482 billion shares.
And there was even a problem with that, from one of the letters he sent out it proved that the shareholders that sent the information in wasn't from the same date. So who knows if someone sold and the buyer faxed in his total. So the 482 billion isn't totally known for sure.
Now if the remaining holders only average 4 million shares then thats only 200 billion and that gives a few billion to spare.
My point is there may be some short shares but by no means has Frizzell proven as fact anything at least that can hold up in any court. All he has proven is 482 billion shares probably held by the biggest shareholders.
-------------------- Invest with your brain not with your heart.
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They want to point out relatives but forget to mention UC's brother involved in securities violations and that Nevada Minerals gave back there shares because they didn't want nothing to do with them.
They forget about a accountant that wrote a 10A letter on possible illegal accounting. They forget to mention that some of the biggest money changes in the books are missing. They forget to mention how UC is loaning money to CMKX yet they sold billions of shares. Who was getting the money from those sells, it sounds like UC. Millionaire prison guard, yeah right. Missing documents on what happened to the Jade collection or the money from it. What happened to 200 billion in SGGM shares and the 10 million dollars? They forget that RG only gave them a one page document and supposedly forgot to tell Stoecklien about SEC information yet they claim now he still with CMKX. Huh??? They forget that Maheu knew absolutely nothing about CMKX. What they have, number of employees, or it's value. He knew nothing about the accountant not getting any information but they claim Maheu is fixing the problem. Huh???
What happened to common sense here? I guess that I have to be brainwashed to understand what it is like to be brainwashed.
-------------------- Invest with your brain not with your heart.
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quote:Originally posted by Ric: 2005-09-30 18:33 ET - Street Wire
Also Street Wire (U-*SEC) U.S. Securities and Exchange Commission Also Street Wire (U-CMKX) CMKM Diamonds Inc
by Lee M. Webb
St. George Metals Inc., a pink sheet shell revived last year in support of U.S. Securities and Exchange Commission (SEC) target Urban Casavant's CMKM Diamonds Inc. promotion, may soon be put to rest again. Administrative Law Judge Robert G. Mahony ordered St. George's stock registration revoked in an initial decision issued on Sept. 29.
As previously reported by Stockwatch, Nevada-incorporated St. George was dusted off last September, reportedly inking a multimillion-dollar deal with Mr. Casavant's massively diluted CMKM.
According to news releases issued by the non-reporting pink sheet companies, resuscitated St. George peeled off $10-million and 200 billion shares for a 5-per-cent stake in mineral claims, primarily located in Saskatchewan, purportedly controlled by CMKM. (All amounts are in U.S. dollars.)
Fantasy
News of the deal sent CMKM's large and excitable Internet following into a tizzy as they quickly worked obscure St. George into their wild fantasies about a secret "master plan" destined to transform Mr. Casavant's floundering pink sheet promotion into the most valuable mining conglomerate in the world.
The news also propelled St. George's share price from its rarely traded subpenny level to 75 cents per share as investors, including many of CMKM's faithful followers, piled into the stock as millions of shares changed hands in the days following the announcement.
St. George's rocketing share price was also worked into the CMKM fantasies as the company's faithful, if naive, Internet followers "did the math." Brooking no criticism, many of CMKM's cult-like followers assigned a staggering value based on the prevailing inflated market price to the 200 billion St. George shares purportedly issued in the deal.
According to the dubious logic of the CMKM fantasists, if a mere 5-per-cent stake in CMKM's mining claims was worth more than $100-billion, then their nascent mining giant was clearly worth $2-trillion or more. For many of the CMKM faithful, the St. George transaction merely confirmed what they had already determined by other, if equally dubious, means.
Many of CMKM's faithful followers, the "true longs," as they often call themselves, were evidently largely untroubled when Stockwatch reported on Sept. 16, 2004, that recently revived St. George was headquartered in the unlikely community of Vegreville, Alta.
They were apparently also unconcerned that Mr. Casavant reportedly told Dow Jones reporter Carol Remond that he really knew nothing at all about St. George.
As reported by Stockwatch, however, Mr. Casavant's brother Victor Casavant, a CMKM shareholder and former securities violator, lived in the small town of Vegreville. Moreover, Vicki Curran, another CMKM shareholder and Mr. Casavant's niece also lived in Vegreville and was St. George's investor relations spokesperson.
CMKM's devoted followers seemed equally untroubled when promised news releases that were supposed to identify St. George's board of directors and the source of the $10-million, among other things, failed to materialize. It is still far from clear whether any of that money actually changed hands.
As St. George remained silent and its share price went into a slide, CMKM's faithful followers moved on to other fantasies about massive diamond discoveries, gold deposits, uranium finds, oil rights and astronomical buyouts, among other things.
CMKM's cult-like followers, the so-called true longs, barely missed a beat when the SEC instituted administrative proceedings seeking to revoke the company's stock registration in March of this year.
Indeed, the SEC action was soon incorporated into new CMKM fantasies about painting the U.S. regulator into a corner, trapping nasty short sellers and forcing a staggering cash settlement from the conspirators on "the dark side," which included the SEC, the Depository Trust and Clearing Corp., hedge funds, market makers and others, according to the CMKM faithful.
Meanwhile, St. George finally stirred again.
On April 25, St. George announced that the board of directors, still unidentified, had appointed U.S. lawyer William B. Haseltine to the position of president, replacing another Vegreville player, Mark Giebelhaus.
The appointment of pink sheet experienced Mr. Haseltine, who boasted some SEC experience, was yet more fodder for some of the CMKM fantasists. They worked Mr. Haseltine, a touted securities lawyer with no obvious mining background, into secret master plan designed to trap short sellers.
While some of CMKM's devoted followers stitched St. George's new president into their patchwork and fluid imaginings, Mr. Haseltine issued a series of fluffy news releases about proposed multimillion-dollar deals involving other obscure mining properties.
Reality
On July 1, less than two weeks before issuing an initial decision ordering CMKM's stock registration revoked, the U.S. regulator instituted an administrative proceeding against St. George for failing to file required periodic reports.
The action against St. George was instituted after the SEC enforcement division contacted Mr. Haseltine and was informed that he was the company's only officer and director and, among other things, he knew nothing about the purported $10-million transaction with CMKM.
Mr. Haseltine, who also served as St. George's legal counsel, subsequently filed a very brief answer to the SEC order instituting administrative proceedings against the company.
In his one-page answer, Mr. Haseltine claimed that St. George had been dormant for the past two years and had neither conducted any business nor had any access to capital. He also said that the company was taking steps to pay its accountants to prepare the overdue SEC reports and expected to become current with its reporting obligations within two weeks.
St. George did not become current with its filings. Indeed, the company made no progress at all with respect to meeting its reporting obligations.
At a subsequent prehearing conference before Judge Mahony, the SEC was granted leave to file a motion for summary disposition of the case.
On Aug. 25, four days before the SEC filed its motion for summary revocation of St. George's stock registration, Mr. Haseltine pulled the plug, resigning his position as the company's lawyer and president.
St. George did not file an opposition brief to the SEC's Aug. 29 motion for summary disposition of the administrative proceeding.
On Sept. 29, Judge Mahony issued his initial decision ordering the revocation of St. George's stock registration.
"St. George Metals's actions were egregious and recurrent," Judge Mahony wrote in part. "St. George does not recognize the wrongfulness of its conduct and has acted with a high degree of scienter.
"For nearly a three-year period, it failed to file a total of 11 required periodic reports.
"Despite its claim that it was dormant and without access to capital the past two years, St. George Metals, starting in late 2004, issued press releases touting purported multimillion dollar deals it had entered, or planned to enter, all while it was out of compliance with the periodic reporting requirements.
"Thus, instead of current audited information, the investing public was forced to rely on self-serving statements."
Reviewing the Steadman factors, a guide to determining the appropriate sanction, Judge Mahony went on to conclude that there was a high probability that St. George would continue to violate the reporting requirements of federal securities laws.
"Viewing the Steadman factors in their entirety, I conclude that the only appropriate sanction for the protection of investors is revocation of the registration of each class of St. George Metals's securities," Judge Mahony wrote.
Barring the filing of a petition for review by lawyerless and headless St. George within 21 days, Judge Mahony's initial decision will become final with the entry of an SEC order of finality.
St. George may soon be permanently put to rest.
Meanwhile, CMKM's revocation order is under appeal and the fantasies and trading continue.
St. George managed to eke out a paltry trading volume of 35,300 shares and closed at one-100th of a penny in the final session of the week.
CMKM notched a far more robust volume of more than 1.6 billion shares and, as it has done for the past many months, also closed at a reported one-100th of a penny on Sept. 30, which may be high because NASD grey-sheet reporting only to four decimal places.
------------------------------------------------- The above should be required reading before anyone even thinks about a long term investment in any PINK...
I notice other pinks doing the "other company dividend song and dance number" now.....
Trade the damn things fast, and if ya make any profit, RUN!!
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"Victor Casavant evidently ran afoul of Alberta securities regulators in connection with an illegal distribution of shares of a non-reporting issuer, Striker Minerals Ltd. The terms of the settlement agreement, a $1,000 (Canadian) fine and an acknowledgement of "the requirement to be more diligent when raising capital in the future," suggest that it was considered a relatively minor breach of securities regulations."
Yep, here's the evil heavyweight "securities violator" Vic Casavant. Ooooohhhhh such a bad boy he had to pay a fine and promise to be good. I think the Vegraville PD parking ticket may have been a more serious legal violation. But as usual the "SECUTITIES VIOLATOR" is left dangling out there to foster distrust and cause fear amongst shareholders.
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quote:Originally posted by legaleagle: "Victor Casavant evidently ran afoul of Alberta securities regulators in connection with an illegal distribution of shares of a non-reporting issuer, Striker Minerals Ltd. The terms of the settlement agreement, a $1,000 (Canadian) fine and an acknowledgement of "the requirement to be more diligent when raising capital in the future," suggest that it was considered a relatively minor breach of securities regulations."
Yep, here's the evil heavyweight "securities violator" Vic Casavant. Ooooohhhhh such a bad boy he had to pay a fine and promise to be good. I think the Vegraville PD parking ticket may have been a more serious legal violation. But as usual the "SECUTITIES VIOLATOR" is left dangling out there to foster distrust and cause fear amongst shareholders.
That's usually the way it is,they get off light and then come back to create a bigger scam, they should have hit him harder. And no doubt this is a bigger scam
-------------------- Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow
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By: richerob 02 Oct 2005, 07:22 PM EDT Msg. 261318 of 261318 Jump to msg. # Just got Back from Toronto Gold Show, wow learned a lot about Fort a La corne area. Spoke with Rob McCallum of Kensington, Gord Dent of Great Western Minerals, Shore Gold Rep, and Can Alaska venture Rep.
Spoke with the shore gold rep and asked when he thinks they will open a mine. He thinks 2010. In his honest opinion he feels Shore Gold and most of the junior mining companies will sell there claims to the big boys like, BHP Minerals, Debeers, Rio Tinto, Aberdiamond...etc. Says the entire fort a la corne area has the largest kimberlites in the world meaning if you combined and added up all the kimberlite around the world Saskatchewan still has much more kimberlite all together. He said they will be mining fort a la corne for at least 200 years. By the year 2015 Canada/saskathcewan will be the number 1 producer of diamonds in the world period!! I also asked if shore gold had stumbled upon any other resources like oil, platinum, etc....says nope.... ALL DIAMONDS..TONS of them. Then I asked about the other provinces like: Alberta, BC, Manitoba if they have potential for as much kimberlite like fort a la corne. He says NO WAY fort A la Corne is The WORLD WIDE SPOT for Diamonds, no other place in the world has kimberlite like that.
Then I asked the magic question, what do you think about Casavant Mining. He paused and shook his head....and of course first word out of his mouth... SCAM!!....I then said why is that?.... He really could not give an aswer as to why he thought it was a scam. I said well have you seen them drilling? He says? "NO" So at that point I knew he was lying about CMKX (to sell more shore gold stock)....I remember United Carina, Pine channel Gold and the rest confirming drilling pr's.
Next I spoke to Great Westerns : Gord Dent, again he confirmed fort A la Corne was an excellent stock play for Diamonds. They have claims also up near Atbascin where they have RARE ELEMENT minerals. Saskatchewan is the second place discovered for rare element minerals..Thorium,etc 15 elements all together...sorry can't remember them all...they all end in IUM.
China is the only other place where Rare Element minerals are obtained and processed.
The only other place where there is some Rare element minerals is australia except the one they have is Radioactive and their government does not allow for the processing of it in australia. So what they are doing is shipping it on the barge to china for processing. Just to give you an idea how expensive Rare elements minerals are: approx $1000 / kilogram.
You will find rare elemts in some cars made today...the hybrid vehickes like: Toyota Prius, etc.
Anyways back to diamonds. Then I asked him about Casavant. He whispered "Scheister" same exact negative impression...then he says by the way all his claims are expiring this year.... that's when I knew this guy was talking BS!! so I changed subject....funny enough gordon knew about the race cars...so marketing is working...Good Job UC!!
Next I went To Kensington Booth to speak with rep and Rob Mccallum was there. He was kinda busy talking with other patrons so I spoke with the rep and again eased the magic question about Casavant Mining? First thing she said was well I don't like to bad mouth other companies but there stock is revoked. I said no they are not!! She said sorry was not aware. She did not want to talk more about casavant most of the reps did not know what casavant was up to but all thought negative.
The one thing none of them denied was that fact that he (casavant) actually held those claims in fort a la corne which is a good sign for us shareholders
Before I forget Great western had an original copy of the June 2002 Fort a La Corne Map with claim holders. I tried to get a copy but was not able and did not have a camera with me. But what I found so interesting was the claims we now have showed only 2 holders. the first one and majority was BUCKSHOT/COMMANDO HOLDINGS. (personal casavant family company!! Confirms they are cmkx claims)
The other was 101012190 SK. You can look up this one This was walter and Clair Botkin, Murray Greenwood, Diamond Maple Creek club...etc.
So what I was impressed about the show and what I had learned about Fort a la corne and CMKX is WE DEFINETELY HAVE THE GOOODS...alot of DIAMONDS and 1.9 million acres is a lot up there period!!!
I do believe Casavant will be selling most of the claims and NOT MINING himself because of my conversation with Shore Gold Rep. It is too expensive to start a mine better to leave it to the big boys!!
A Lot of you will probably read this and think I may be BSing or did not actually attend the show, so I will leave you with a little bit of credibilty.
Tomorrow morning there will be a PR from a TSX company by the name of "GREAT PANTHER RESOURCES LTD" their symbol "GPR" The pr will be an announcement of them starting to process and mine SILVER )
Let's see if I can beat Acca, ELO, Jay Adobe and the rest )
I am probably missing a lot of info in this post so if you have a question please ask and I will try to reply.
Have a Good night and like I say "Keep your Eyes on the RADAR"
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posted
This guy realy thinks that all these negatives are a good thing. I also like the fact that the cult refuses to face the fact that CMKX is REVOKED. They are just appealing but it has been revoked. These people can't handle the truth. Fantasy after fantasy but facts just allude their grasp.
-------------------- Invest with your brain not with your heart.
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quote:Originally posted by legaleagle: gusjarvis Ace of Diamonds
member is offline
Joined: Sept 2005 Posts: 2,107 LEVERAGE, WE GOT IT AND WE WON « Thread Started on Today at 1:00am »
-------------------------------------------------------------------------------- I have felt like it really isn't worth posting anymore as we have said enough and the back and forth was really getting boring. From a year ago, at least since Roger came on board, I have posted relentlessly that we have the leverage it takes to succeed, and we did then and we still do. Really how easy was it to see the land and the short back when the CIM divvy was handed out.
This stock is as close to a sure thing as you get in the market. If we get cover we make money, well we will get covered.
The absolute going against common sense has been a result of the artificial doubt created by the hearing (by the way we started) and continues with the posting that goes directly against what some know to be true. One more contrived post about surrendered shares or one more post about how Frizzell isn't really convinced we have the goods was getting crazy. Frizzell and John know we have the goods and the short and that means we are going to make money.
Some have gotten caught up in the game, but if you just step back look at the facts and the people involved you common sense says this looks better than good.
Urban's happy in china, Dr. D sounds happy, Frizz and John say we have the goods and the short, Maheu and Glenn still here, dividends becoming unresticted, USCA's president along with Glenn, Edwards giving shares back, looked all along like we worked with the sec, NASD investigating and taking over the OTC, the SEC's 11 departures, Mahues son and all their connections, CSII, oil, uranium, etc, etc. Too easy if you ask me.
This was the stock play of a lifetime a year ago or more for some, it is finally coming to fruition now. I got a lot of flack for posting how easy this was, well I think I was right. Not easy if you fell for all the BS, but easy if you saw through it.
Sounds like this guy knows his stuff. Anyone buying?
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Joined: Aug 2004 Posts: 479 just to clear up some apparent confusion « Thread Started on Today at 11:05am »
-------------------------------------------------------------------------------- faith / hope / dreaming of wealth / being totally positive... and all the other optimistic views held by some posters here is: NOT pumping.
pumping is different in fundimental ways...
i say keep the faith, it's good for the soul and is the ONLY thing that allows one to invest in a long shot / once in a lifetime opportunity.
no faith = no motive to take the risk.
i surely applaud our blind optimists, they are the dreamers in life and the ones who will ever dare to buy and hold a winning ticket.
i am clear and steadfast in my view that the gamble is worth the risk... to me it's simple, while i leave the day to day posting to others (since i'm an oldhat to messageboards and sorta burned out by daily participation... which if it doesn't make sense hold judgement till you've been doing it for 15 years)
i have two mega winners under my belt and retired in 96. i like the hunt and the chase of "once in a life time opportunities" that can only be discovered because of communities like this one and the internet...
part of the game is that many plays will not pan out for umpteen reasons... i do and you will buy into losers... but that one rare winner makes it up in spades...
only optimists need play, only optimists can play... it's the nature of the beast... turn negative on any of your picks and you risk losing the ability to even play...
let cmkx go where it will go... cheer it on at every obstacle and every turn... should it fail be glad you had the chance and tried! most will never even try in the first place...
keep trying no matter what cmkx does over the years ahead... the web and these communities have opened a door for us all to know about opportunities like this in the first place... it's nothing short of awesome!
good luck to all of us! may optimisim rule! reality is nothing but a rearview mirror view of things after they are done. who needs that view? only pesimists...
i do not think i am wrong in the least with these views... dust off the rose colored glasses, put them back on... life can get no better then when viewed from positive angles...
i sure hope this board survives it's current trials... but even if not, another will rise from it's ashes... glta!
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