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Jimmy you are like a newborn infant where every object is a new and unprecedented phenomena.
This link has nothing to do with CMKX but might be a good start for you in learning to critically analyze.
http://gos.sbc.edu/r/rand.html
Here is an article Jimmy about shorting a Saskatchewan stock.
For the brave: shorting Potash
11:24 EST Thursday, Apr 24, 2008
The two-day decline in share price of Potash Corp. of Saskatchewan Inc., despite its strong earnings on Thursday, must be a welcome relief for those few brave investors who are betting that the frenzy over potash getting out of hand. (Yes, Market Beat reported earlier that the shares were up in early trading, but they have since turned around, falling 3 per cent in late-morning trading.)
The author of the Market Speculator blog noted on Wednesday that Potash Corp. finally turned in a very bearish day – a huge relief given that the author has shorted the stock at $208.77.
Much of Market Speculator's bearishness toward the stock relates to technical indicators. For example, the candle formation on heavy volume is supposedly a “classic sign” of a short-term top. As well, though, the volume of trades leads to concerns.
“What attracted me to this stock as a short setup (besides the extreme overbought condition) was the fact that the stock rose on low to average volume,” the blogger said. “That, coupled with the high volume down move, has to concern anybody long this stock.”
Meanwhile, Sam Kanes – an analyst at Scotia Capital who has a “sector outperform” recommendation on Potash Corp. – believes nonetheless that the surging price of Intrepid Potash Inc.'s shares “shows silly season is here.”
Intrepid completed its initial public offering this week, and its shares leapt 57.5 per cent on their first day of trading. As a result of this early enthusiasm, the stock's valuation is absurdly high: It trades at about 200-times trailing earnings and about 83-times enterprise value to EBITDA (earning before interest, taxes, depreciation and amortization).
“These numbers will drop sharply to about 20x-25x 2008 P/E and 12x-15x 2009 P/E or so based on current potash price trends,” Mr. Kanes said in a note. “However, we are already way above reinvestment rate levels so [Intrepid] should probably be at a high single digit P/E for 2009 EPS.”
http://gold.globeinvestor.com/
There are members only clubs where the public is excluded from participating. Such a group could set up and buy and sell anything they wanted to with any kind of settlement rules they wanted. I would imagine such a club would want members to be able to cover with real assets.
I think I'll agree with Gump that you're a liar.
http://en.wikipedia.org/wiki/Naked_short_selling
Naked short selling, or naked shorting, is the practice of selling a stock short without first borrowing the shares or ensuring that the shares can be borrowed. It has been illegal in the United States since 1934, with an exemption for bona-fide market makers intended to increase liquidity and stabilize markets.
Was the funny car financed out of Urbie's pocket or directly from CMKX.
I have been unable to find the deal for the diamond properties but read in one of Gump's posts from years back that Emmerson Koch was to receive $25 million worth of stock for an option of his FalC claims to CMKX and a management fee. Urbie was to receive 50% of the net proceeds of diamonds recovered.
No mention of who was going to pay the $300-$500 million mine building cost but hey when you have a funny car why worry.
"That is between TSX and I..."
Once you have been assimilated into the collective it is everyones business.
http://investorshub.advfn.com/boards/read_msg.asp?message_id=28680700
Jimmy here is a post where you accuse TSX of being crazy and no amount of proof would convince you TSX was being truthful.
Have you said you're sorry to TSX?
Posted by: jimmym4
In reply to: TSXminer who wrote msg# 113994 Date:10/30/2004 11:25:10 AM
Post #of 249542
"tsx..if you were as smart as you say..you would know that the claims that are expiring Monday,are not THE ONES IN QUESTION..
Good God man...Get With it"
http://investorshub.advfn.com/boards/read_msg.asp?message_id=4432416
Jiminee - you've been confused about CMKX since your first post June 12, 2004.
Posted by: jimmym4
In reply to: TSXminer who wrote msg# 24735 Date:6/12/2004 9:48:50 PM
Post #of 249513
tsxminer....How do you know this is the same pipe
show me the money....admit it you just don't like UC...
so I suppose debeers are drillin old pipes to....
the info i have says carolyn has 3.18 carats per tonne
with 3.74 peak per tonne
.73 colorless...is that not good?
http://investorshub.advfn.com/boards/read_msg.asp?message_id=3319510
Face it, you're just a whining cry baby!
-Why don't people protect me?
-Why don't people help me?
-Where's my money?
GROW UP!
Are you sure about that?
"And it took 10 years before they got the Bre-x officers. Geeze"
"Begun in 2001, the trial of John Felderhof was concluded on Tuesday July 31, 2007, with a not guilty verdict of illegal insider trading. A class-action lawsuit is still pending. Days after the verdict, the OSC also decided not to appeal the decision, a landmark victory for Felderhof and his lawyer, Toronto based Joseph Groia."
http://en.wikipedia.org/wiki/Bre-X#Exposure_of_the_fraud
WOW!.... Hey highroller...you made five times your $300 loss... when you're on that kind of roll it's time to move to Vegas and take on them caseenoos
Posted by: stockgod24
In reply to: None Date:4/19/2008 1:15:39 PM
Post #of 249446
"I have just over 3 million shares I think its a disgrace what was done by UC somehow/someway investors should be entitled to there money back my shares were all bought at .0001 if the SEC knew that this illegal share dumping was going on by UC they should have stepped in sooner or sent out more of a public warning. I think they dropped the ball on CMKX but I guess its investor beware no way any of us knew that it was going down like that :( "
"Question is, who has to lose for us to win ??"
When the game is over the players take their marbles and go home. Even though they cheated the other kids don't have any marbles to give you back because they spent your marbles on bacon wrapped shrimp dinners and gambling.
Maybe you should approach Caesar's Palace for disgorgement of their casino profits.
I think the answer to your question is the game is over and you lost.
Didn't you ever think a funny car race was a strange event to be promoting a mining company at?
The Sweet Grass area of Montana is the most beautiful place on earth.
Before they went off fossicking they should have studied economic theory.
Well you have to admit owning a claim is a pretty good start. If you own a claim you might even find some "ium" on it.
"Most claims don't pan out" Good pun! If you're referring to panning for gold you need a placer license in most jurisdictions.
Most people have given up panning for these neat little suction dredges.
http://www.keeneeng.com/home.htm
He is a really good boxer, congrats...
The Italian Welshman is doomed... Hopkins will take him down.
When you invest in a mining company you should first make sure they have tenure, i.e. own or have an option to earn an interest in the ground they're promoting. If you don't do this you're dumb and have no one to blame but yourself for your lousy investment choice.
CMKX never owned 1 claim in the Saskatchewan diamond play. They let the best claim they were earning an interest in lapse because they neglected to pay their geologist and he neglected to file their assessment work.
They hired Fugro the best geophysical contractor in the world to do an airborne survey and had them space the flight lines so wide the data was meaningless - they didn't pay them either.
I am as SINCERE as SINCERE can be and I like what I see in ETGMF. Only TIME will tell if I am right in my investment of ETGMF.
JMHO
Chas5678
It's now 2.5 years since you pleaded sincere, the question is do you LIKE it?
If investors had to pass an IQ test prior to opening a brokerage account none of this would have happened.
Maheu and Glenn were no different than the others enlisted to help prop up CMKX and give it credibility. They're just as guilty as Urban for lending their names to push it further down the road. They're two of at least a dozen that did this. Attacking Urban right now is like attacking the village idiot for being what he is.
Goldak is a gephysical contractor and not a geologist. The geologists and geophysicist involved were Newson, Hutchins and Robertshaw.
They had some credible people involved in this merry-go-round helping pull of their scam. People that were more than happy to line their pockets at shareholder expense knowing it was a scam. All of them were accomplices and made good money for their efforts. Without their help there would have been no geological reports propping up the con CMKX pulled off.
They don't have the Smeaton pipe in that group of claims.
hmmmmmmmmm... Is this not the old CMKX group of claims?
http://www.trilliantexploration.com/projects.php
Does a million millionaires equal a trilliant?
Stake your own claim...
You want to use the EM409A document.
http://www.ir.gov.sk.ca/Default.aspx?DN=f9df888f-5f47-4ed6-9a3c-9dea43809693
Mail it here.
Government of Saskatchewan
Energy and Resources
200 – 2101 Scarth Street - 4th Floor
Regina, Saskatchewan
S4P 3Z8
Attention: Ken Brown – Mineral Land Administrator
That is the address for this company.
CORPORATIONS BRANCH
Corporate Registry
Profile Report
Entity No: 101034047
Entity Name: FORT A LA CORNE DIAMONDFIELDS INC. As of: 18-Apr-2008
Entity Name in Saskatchewan: FORT A LA CORNE DIAMONDFIELDS INC.
Name in Home Jurisdiction: FORT A LA CORNE DIAMONDFIELDS, INC.
Entity Number: 101034047
Entity No in Home Jurisdiction: C11688-2002
Status as of Profile date: Inactive (struck-off)
Entity Type: BUSINESS CORPORATION
Entity Sub Type: EXTRA-PROVINCIAL CORPORATION
Registration Date: 11-Jun-2002
Home Jurisdiction: NEVADA
Incorp/Amalg Date in Home Jurisdiction: 08-May-2002
Annual Return/Renewal Date: 30-Jun-2003
Nature of Business: MINERAL EXPLORATION
Registered Office:
Name: FORT A LA CORNE DIAMONDFIELDS INC.
Address: 502 EAST JOHN ST.
City/Province: CARSON CITY, NV
Country/Postal Code: UNITED STATES, 89706
Mailing Address:
Name: FORT A LA CORNE DIAMONDFIELDS INC.
Address: 502 EAST JOHN ST.
City/Province: CARSON CITY, NV
Country/Postal Code: UNITED STATES, 89706
Director/Officer/Shareholder Information:
Dir Became:
Name: CASAVAM, URBAN Director: YES
Address: BOX 29 R.R. 5 SITE 16 Officer Position: PRESIDENT
City/Province: PRINCE ALBERT, SK
Country/Postal Code: CANADA, S6V5R3
Director/Officer/Shareholder Information:
Dir Became:
Name: MOEN, ALLAN Director: YES
Address: 9611 154 ST. NW Officer Position: SECRETARY/TREASURER
City/Province: EDMONTON, AB
Country/Postal Code: CANADA, T5P2G2
General Information:
Licensed with Consumer Protection Branch: NO
Event History:
Event Date
REGISTRATION 11-Jun-2002
Table 1. Beneficial Ownership (a)
Shares Beneficially Owned
Percent of Class
Urban Casavant (1)(2)(3)
600,000,000
8.3%
Casavant Family As A Group (2)(4)(5)
170,300,000
2.4%
Majority Shareholders (2)(6)
6,988,191,000
85.8%
Total Consenting Shareholders
96.5%
Directors and Officers As a Group
8.3%
(1) Directors and Officers
(2) Consenting Shareholder
(3) 5% Beneficial Shareholder
(4) Majority Shareholders As a Group
(5) The Casavant Family consists of 22 members who are related to Urban Casavant. Their respective share holdings are reported separately from Urban Casavant. As a Group, the Casavant Family holds 10.7% of the Company's shares. Of this amount 100% are Rule 144 shares. There is no Casavant Family share pooling agreement, voting trust and/or other agreements relating to the shares in effect at this time. The Casavant Family includes: Albert Casavant (3,000,000); Brandy Casavant (2,000,000); Brad Casavant (500,000); Chantelle Casavant (2,000,000); Craig Casavant (2,000,000); Dale Casavant (50,000,000);Denise Casavant (30,000,000); Felix & Marlene Casavant (1,000,000); Gerry & Betty Casavant (300,000); Harvey & Gloria Casavant (1,000,000); Justin Casavant (2,000,000); Kyle Casavant (500,000); Marina Casavant (500,000); Max Casavant (10,000,000); Ray Casavant (3,000,000); Ron Casavant (30,000,000); Ryan Casavant (500,000); Trevor Casavant (2,000,000); and Vic Casavant (30,000,000).
(6) Majority Shareholders (not including Urban Casavant and the Casavant Family) consists of individuals, corporations, trusts and other legal entities which do not control more than 4.9% of the Company's shares per shareholder. The Majority Shareholders acquired their shares by purchase in consideration of $2,000,000 in cash and the forebearance of monies due them for loans and services rendered in connection with the Casavant Mineral Claims and their assignment to the Company.
Total issued and outstanding shares as of January 15, 2003 was 7,241,653,404 common shares.
Purpose and Effect of the Board of Directors Election
On November 25, 2002 the Company agreed to acquire the Casavant Family Mineral Claims in certain kimberlite deposits located in the Province of Saskatchewan, Canada. The Mineral Claims were held in the name of five companies owned directly and/or beneficially by the Casavant Family and Morgain Minerals, Inc. (a company held by third parties with the claims under option). These companies include Commando Holdings, Ltd., Buckshot Holdings, Ltd., 101010307 Saskatchewan Ltd., 101012190 Saskatchewan Ltd., and 101027101 Saskatchewan Ltd. In addition, Fort a la Corne Diamond Fields, Inc. acted as the claims and exploration manager for the five companies above, as well as, the claims held by Morgain Minerals, Inc. Each of these companies have agreed to transfer 100% of the Mineral Claims to the Company in accordance with the Mineral Disposition Regulations of Saskatchewan, 1986.
On October 28, 2002, Fort a la Corne Diamond Fields, Inc. completed a report on the five parcels of mineral claims held by Commando Holdings, Ltd., Buckshot Holdings, Ltd., 101010307 Saskatchewan Ltd., 101012190 Saskatchewan Ltd., and 101027101 Saskatchewan Ltd. The report also covered the claims of Morgain Minerals, Inc. All of the parcels were registered between March 2001 and March 2002 as listed in Table 1.
Table 1 (1)
Registered Owner
Area(2)
Due Date (3)
Paid Cnd
USDollar
Buckshot Holdings Ltd. (50%)
Commando Holdings Ltd. (50%)
78,177
March 2 and 9, 2003
$938,124
$614,037
101010307 Saskatchewan Ltd.
70,427
May 11, 2003
$845,124
$553,165
101012190 Saskatchewan Ltd.
81,568
August 16, 2003
$978,816
$640,629
101027101 Saskatchewan Ltd.
8,320
March 20, 2004
$ 99,840
$ 65,345
Morgain Minerals Inc. (4)
9,216
March 20, 2004
$110,592
$ 72,382
Total
247,708
$1,945,987
(1) Table 1 was prepared by P. Robershaw, P. Geo. for Fort a la Corne Diamond Fields, Inc. in connection with the properties.
(2) 1 hectare equals 2.46 acres with 247, 708 hectares equaling 609,361.68 acres.
(3) Based on U.S. Dollar/Canadian Dollar exchange rates, the amounts paid for the claims equals $1,945,987.00 USD as of January 30, 2002 exchange rates, but were valued at $2,000,000 USD on the date of the merger which is November 25, 2002.
(4) The claims of Morgain Minerals Inc. are under option, but are included.
The claims comprise a substantial and largely contiguous land position in a favorable exploration setting in the vicinity of the Fort a la Corne kimberlite bodies. In all, the properties consist of 636 claims with a total area of 247,708 hectares (611,625 acres). The 5 properties are located in central Saskatchewan within 100 kilometers of the City of Prince Albert and are largely accessible by road. Mineral dispositions in Saskatchewan are administered by the Saskatchewan Industry and Resources ("SIR"). The properties fall entirely within the surveyed portion of the Province of Saskatchewan.
In 2003, expenditures of $2,762,064 Cnd ($1,807,469 USD) will be required to retain the claims. In 2004 and subsequent years (until 2012) the required assessment expenditure will be $2,972,496 ($1,945,133 USD). After ten years, the annual expenditure on the claims increases to $25 Cnd ($16.36 USD) per hectare. Grouping of contiguous claims is allowed to a maximum block size of 10,000 hectares. Reports submitted to the SIR in support of assessment filings are retained on a confidential basis for three years, or until the claims lapse whichever is earlier.
Claims are defined in terms of legal sections or subdivisions. Road allowances, typically 20m in width, fall between the sections and are separate legal entities. In 2001, Saskatchewan Energy and Mines (now Saskatchewan Industry Resources ("SIR") amended the description of mineral claims in the surveyed portion of the Province to allocate road allowances to adjacent claim holders so that claim coverage could be seamless.
The majority shareholders of the Company have taken the following action since the Acquisition Date.
Amended Corporate Charter
The corporate charter of Cyber Mark International, Inc., a Nevada corporation, was amended to reflect a name change to "Casavant Mining Kimberlite International, Inc." effective December 3, 2002.
The corporate charter was amended to increase authorize share capital to 10,000,000,000 common voting shares in order to effectuate the merger. This increase in share capital was necessary in order to complete the merger with the Casavant Mineral Claims since the value of the properties to be assigned to the Company exceeded its nominal cash reserves of $344 as reported in its 10-QSB dated September 30, 2002. All 3,000,000 Preferred shares were cancelled.
Casavant Mining Claims Merger Financings
In order to finance the merger with the Casavant Mining Claims, the majority shareholders' approved the Company's financing plan which to date totals $2,000,000 USD.
Directors Nominated and to be Elected by Majority Shareholders:
The following persons have been nominated to serve as Directors and executive officers of the Company. It should be noted that on November 25, 2002, Ian McIntyre resigned as the sole Director and Urban Casavant assumed the role of sole Director pending the election of a new Board of Directors. Mr. McIntyre subsequently agreed to continue as a Director for purposes of effectuating the merger with the Casavant Mineral Claims. Accordingly, Mr. McIntyre served as a Director and acted upon post merger matters (with Urban Casavant abstaining as a Director on matters relating to amendments to the corporate charter). However, Urban Casavant has served as interim President and Chief Executive officer and Carolyn Casavant, his wife, served as interim Executive Vice President until the majority shareholders' meeting on January 15, 2003.
Further, on November 26, 2002, the Company announced in a press release that Wesley Casavant, 22, had been appointed corporate treasurer. Wesley Casavant attends the University of Saskatchewan where he is completing his degree in commerce. Wesley Casavant has first hand knowledge of the Company's kimberlite fields in Canada having helped his parents Urban and Carolyn Casavant stake the Casavant Mineral Claims. Cindy Casavant (the daughter of Urban and Carolyn Casavant) was nominated as corporate secretary pending the Majority Shareholders meeting. Pending the completion of the negotiations to acquire Juina Mining Corporation, the Majority Shareholders approved these appointments on January 15, 2003.
Urban Casavant, Chairman of the Board of Directors.
Urban Casavant was appointed a Director and assumed the duties of the former sole director Ian McIntyre. Mr. Casavant acted as President and Chief Executive Officer and will continue in said capacity until the completion of the Juina Mining Corporation acquisition negotiations which is expected to occur on or before March 1, 2003. For the past 18 years, Mr. Casavant has been involved in exploration, mining and public companies.
Jay McFadden, Vice-Chairman and Chief Executive Officer (effective upon the Junia Mining Corporation merger).
Mr. McFadden was elected Vice-Chairman and appointed as the Company's Chief Executive Officer. James McFadden was formerly CEO and Chairman of Juina Mining Corporation. Mr. McFadden is a professional executive who attended Diablo Valley College, San Francisco, California majoring in Business Administration. He was recruited by Laughlin Associates, Inc. of Carson City, Nevada and served as Vice President of Sales for seven years. During this time, Mr. McFadden was responsible for developing strategic plans for corporate infrastructure on hundreds of start-up companies. Prior to being recruited by Laughlin Associates, Inc., Mr. McFadden was involved in the real estate mortgage and finance industry. He is married with two children and is very active in the community of Gardnerville, Nevada.
David Bending, President and Chief Operating Officer (effective upon the Juina Mining Corporation merger).
Mr. Bending was appointed to act as the Company's President and Chief Operating Officer. David A. Bending M.Sc., P.Geo. has 25 years of experience in mineral exploration and mining worldwide with emphasis on the Americas. He has a M.Sc. in Economic Geology and Geochemistry from the University of Toronto and a B.Sc. (Geology) from the University of Oregon. His career in exploration and management includes three years with Texasgulf Exploration, fourteen years with Homestake Mining Company and eight years in successful consulting and management of junior mining companies. He has been responsible for kimberlite and diamond discoveries in Canada and Brazil and metallic mineral deposits throughout the Americas. He currently manages a geological consulting practice based in Reno, Nevada, with clients and projects throughout the Americas. He is fully conversant in Portuguese, Spanish and French in addition to English and is familiar with mining law, mining development trends and business practices throughout the Americas.
Rick Taulli, Secretary (effective upon the Juina Mining Corporation merger).
Mr. Taulli was appointed to act as the Company's corporate Secretary. Mr. Taulli is an engineer who graduated from the University of California, Riverside with Bachelor of Science Honors in 1976. He has 28 years experience in the hydraulic engineering, mechanical engineering and research and development fields, and has been involved in the corporate environment, both professionally and personally, for over 20 years. He is presently a director of MultiSoft Internet International, Inc., Future Communications Group, Inc., Special Services, Inc., and Excelsior Management, LLC (Managing General Partner).
David DeSorneau, Director and Treasurer (effective immediately).
Mr. DeSorneau was appointed to act as the Company's Treasurer. Mr. DeSorneau, 56, is a resident of Las Vegas and a 32 year veteran of financial accounting systems. A graduate of New York University at Albany in accountancy, Mr. DeSorneau was originally hired by the Company as a financial systems consultant in December 2002.
Dr. Rupert Perrin, Director
Dr. Perrin was twice nominated for a Nobel Prize in science based on his development of specific methods of diagnosing various diseases in humans and animals. Dr. Perrin currently resides in Las Vegas, NV.
Born in 1929 in Havana, Cuba, his family moved to Jamaica in 1934. He was the youngest person to graduate from high school at the age of 15. In 1945, Dr. Perrin passed the Cambridge University Senior School Examination and he was awarded The Jamaica Scholarship to study at Oxford University in England. Graduating with high honors in organic and physical chemistry, he won a second scholarship to study at McGill Medical School in Montreal, Canada. Dr. Perrin earned his medical degree in 1953.
After medical school, Dr. Perrin returned to Jamaica for two years where he supervised a series of research projects sponsored by the British Commonwealth Special Funds. From 1959 to 1969, Dr. Perrin was both a teacher and researcher at the University of Southern California Medical School. During this time, Dr. Perrin founded his own private Endocrine Laboratory to develop and extract growth hormones from human pituitary glands to assist children with growth deficiencies. Today these hormone extracts are being promoted as an anti-aging treatment.
Dr. Perrin also developed in his private Endocrine Laboratory the first early pregnancy test and was the main source of antigens and antibodies used by other labs around the world. The PSA test is used to detect the presence of prostate cancer. Dr. Perrin major accomplishment in medicine was the identification Neopterin which plays a primary role in the organization and function of the immune system. Neopterin is a unique screening tool used to test the presence of AIDS and the HIV-1 virus in blood donors and organ transplant screening.
In 1983, Dr. Perrin received the Wisdom Award which is given to those persons who display excellence in various fields of study. The first recipients of the Wisdom Award included Albert Einstein, Linus Pauling, Samuel Golding, Dr. Jonas Salk, Dr. Armand Hammer, Harry S. Truman and Dwight D. Eisenhower. In 1989, Dr. Perrin was inducted into the New York Academy of Sciences. In 1999, Dr. Perrin was given an award by the Chinese government for advances in the science of Endocrinology.
Mark Hutchison, Ph.D., Director (effective upon the Junia Mining Corporation merger).
Mark Hutchison graduated from the University of Edinburgh with Bachelor of Science Honors in Geology in 1993. For the past ten years Dr. Hutchison has been working on diamond research and has in-depth knowledge of diamonds from the Juina area, having completed his Ph.D. on the subject in 1997. Since this time, Dr. Hutchison has been working as a Research Associate for the University of Arizona's Lunar and Planetary Laboratory and is currently on sabbatical at the Institute of Advanced Studies in Canberra, Australia. As a research scientist, he has directed work on projects including the controls of impurities in natural and synthetic diamonds, diamond growth at high pressure and temperatures and the mechanisms influencing "prospectivity" of deep sourced diamonds. Dr. Hutchison has been an invited lecturer on deep mantle diamonds at several institutions, has served as a chair for the American Geophysical Union and has been made an Honorary Associate of the University of Sydney. Dr. Hutchison has worked closely with Juina Mining Corp. since 1999 on issues of funding, "prospectivity" and marketing of Juina's diamonds initially on a consultancy basis before his appointment to its Board.
Director and Management Contracts
To date, there are no written contracts setting forth Director's fees and/or executive compensation packages. With respect to Messrs. McFadden, Bending, and Taulli who currently serve in managerial positions with Junia Mining Corporation any contracts negotiated with the Company will be effective only upon completion of merger and acquisition negotiations with Juina Mining Corporation.
Effective January 15, 2003, Mr. McIntyre ceased acting as a Director with the consent of the Company. Mr. McIntyre had resigned as a Director at the time of the merger with the Casavant Mining Claims, but agreed to remain as a Director of the Company until the majority shareholders' meeting. There was no written contract between the Company and Mr. McIntyre in his role as Director. Mr. McIntyre continues to be a shareholder in the Company.
Independent Auditor
On January 15, 2003, the Majority Shareholders accepted the resignation of David E. Coffey, 6767 West Tropicana Boulevard, Suite 216, Las Vegas, NV 89103. Mr. Coffey stated that his resignation was based on his limited staff and the location of the Company's assets in Canada. Mr. Coffey expressed no disagreements with the Company's accounting practices or any other matter. The majority shareholders approved the appointment of David DeSorneau to chair the selection committee for a new independent auditor for the Company.
New CUSIP No. and New Trading Symbol
On January 15, 2003, the Majority Shareholders approved the Company's efforts to obtain a new CUSIP Number and trading symbol following its name change.
Transfer Agent
On January 15, 2003, the Majority Shareholders approved the Company's selection of First Global Stock Transfer, LLC, 7341 West Charleston Boulevard, Suite 130, Las Vegas, NV 89117 as the new transfer agent.
Mergers and Acquisitions
Juina Mining Corp.
As previously announced on December 4, 2002, the Company entered into a Letter of Intent to acquire Juina Mining Corp. (Pink Sheets "GEMM"), a diamond company with working interests in producing diamond fields in Brazil. The negotiations are still on-going with no definitive closing date. The election of Messrs. McFadden, Bending, and Taulli are subject to the completion of a definitive agreement between the Company and Juina Mining Corporation. The Company believes that these negotiations should be completed before March 1, 2003.
Other Mining Claims
As previously announced on January 6, 2003, the Company is negotiating to acquire zinc claims in Saskatchewan, Canada. The acquisition of the zinc claims is still in negotiations with no definitive closing date.
Pink Sheet Acquisition
As previously announced on January 6, 2003, the Company is negotiating with a Pink Sheet listed company as an acquisition and merger opportunity. To date, the negotiations are on-going with no definitive closing date.
Acquisition of Jade
On December 30, 2002, the company acquired Fifty Million Dollars ($50,000,000) worth of Ancient Chinese Jade as appraised by Elizabeth Childs-Johnson, from Opal Financial and Development Corporation, for a total of Five Hundred Million Shares (500,000,000) of common stock of the corporation. The company intends to use the Jade for forthcoming exhibitions in conjunction with Casavant Diamonds to promote the Casavant name.
Representative Office in Antwerp, Belgium
As previously announced on December 9, 2002, the Company announced that it was sponsoring a representative office in Antwerp, Belgium. The purpose of the representative office is to promote the "Casavant" brand of diamonds and to assist in the support of worldwide measures to promote "conflict free" diamonds. The representative office is still pending with no definitive operational date.
CMKI Website
As previously announced on December 12, 2002, the Company was launching a website. The website is currently under construction with no definitive operational date.
Share and Cash Dividend Policy
As previously announced on January 7, 2003, the Company approved a mandatory cash and share dividend policy. At the majority shareholders' meeting it was determined that the dividend policy should be reviewed by the newly elected Board of Directors. Until such review has been completed, there will be no mandatory dividend policy in effect.
Exploration Program 2003
As previously announced on December 2, 2002, the Company was negotiating for a drilling rig and proposed a drilling budget of $8,000,000 Cnd or $5,334,000 USD. At the majority shareholders' meeting it was determined that the Exploration Program for the Company's Casavant Mineral Claims in the Fort a la Corne area would require more than one drilling rig. Pending budget approval, the drilling rig and other equipment necessary for the exploration program will be deferred. The Company believes that it will need an exploration budget of $5,000,000 USD in 2003 for the Casavant Mineral Claims in the Fort a la Corne araa. Of this amount $1,807,469 USD are mandated expenditures by the SIR to retain the claims.
The Exploration Program consists of drilling core samples in the Company's Casavant Mineral Claims in the Fort a la Corne area after reviewing historic air and ground exploration efforts by others. Historically, the presence of diamondiferous kimberlite in Saskatchewan was unknown until Monopros, the Canadian subsidiary of De Beers, discovered an exposure of diamondiferous kimberlites in a regional prospecting program in 1987.
In 1988, Uranerz Exploration and Mining located kimberlites in the Fort a la Corne ares 60 kilometers east of Prince Albert, Saskatchewan. The 71 kimberlite bodies were detected after detailed aeromagnetic surveys of the area using the available GSC (1960's era) regional aeromagnetic coverage. The main group of kimberlites is located with the Fort a la Corne Provincial Forest and forms a north-northwest cluster approximately 32 kilometers in length, extending from the Saskatchewan Rive to Highway 55 near Shipman. Smaller outlying kimberlite clusters occur near Weirdale in the West, near Foxford in the north and near Snowden in the northeast. The kimberlite bodies are grouped more densely in the south, and spaced out more irregularly towards the north. A group of very large kimberlite bodies occurs in the southern part of this trend.
During the period 1988 to 2001, Saskatchewan Industry and Resources reports over $59,000,000 in diamond exploration monies being spent by 128 operators. The greatest activity was during 1993 and 1994 with the Snowden south area extension being explored by Cameco De Beers/Kensington JV. Between 1997 and 1999, activities in the major Saskatchewan exploration projects declined. During the same period of time, exploration projects in the Northwest Territories increased due to the discovery of diamondiferous kimberlite bodies.
Neither the Company nor the Casavant Mineral Claims holders have performed kimberlite exploration work on the current properties acquired during the merger. Information on the current properties submitted to the Saskatchewan Industry and Resources by others in fulfillment of assessment requirements may not contain the results of all work actually completed.
Open files at the Saskatchewan Industry and Resources reports 6 aeromagnetic surveys completed within and peripheral to the five properties of interst. Over 90% of the properties were covered by these surveys. The results of the surveys is available from the SIR as paper prints of total contour magnetic field contour maps. In most cases, vertical magnetic gradient contour maps are also available from SIR. The 1990 aeromagnetic surveys indicated broad mag high features which were interpreted as basement-type signatures. The targets were not drilled and the claims were allowed to lapse. The 1993 aeromagnetic surveys had higher quality data set, but was not made available in the public domain in digital form for further processing. However, the contour maps are a useful starting point for further search for subtle anomalies. Ground magnetometer surveys are reported in the SIR Open File with 17 reports and 34 ground mag surveys completed since as early as 1889.
SIR Open Files contain records of 4 prior mineral exploration holes within the Buckshot Holdings Ltd./Commando Holdings Ltd. and 101012190 Saskatchewan Ltd. claims. One hole was drilled by Uranerz in 1992 and the remaining 3 holes were completed by Rhonda Mining in 1993. Other than the 251 drillholes that have been completed on the Fort a la Corne JV kimberlite bodies since 1989, and the 31 drillholes reported to date by Shore Gold at the Star Kimberlite property, an additional 14 exploration holes have been reported by other operators in the vicinity of the 5 properties. Drillhole OFS93-012 in Section 5, Twp 52, Rge 21, W2 (3 kilometers east of Foxford), intersected kimberlite and intercalated sediments in Lower Colorado shales from 179.45 to 211.94 meters. Depth to bedrock was 109.96 meters. The hole ended at 299.0 meters. A 20.77 kilogram sample of kimberlite yielded 3 microdiamonds. Additional kimberlites were intersected by Rhonda Mining Corp. in 1993 with a total of 21 microdiamonds recovered from 100 kilograms of kimberlite at drillhole OFS93-04 (SIR Open File 73H07-0018. However, there were a significant number of drillholes that failed to intersect kimberlites on the 5 properties despite reports filed with the SIR by others of the discovery of diamondniferous kimberlites on peripheral properties.
A 28 page report (not including exhibits) discussing the diamond exploration potential of the five properties was prepared by P. Robertshaw, P. Geo in October 28, 2002 for Fort a la Corne Diamond Fields, Inc. (which is one of the companies acquired by the Company). The full text of this report is attached to this Schedule 14C as an exhibit. The majority shareholders approved a full review of the Robertshaw Report before embarking on the Company's exploration program. It was further noted by the majority shareholders that new magnetic and non-magnetic testing procedures should be reviewed by management in connection with the Casavant Mineral Claims in the Fort a la Corne area as part of their overall review of the Robertshaw Report historical exploration data on file with the SIR.
Private Placement Financings
The majority shareholders approved the Company's private placement financing which to date has raised $2,000,000 through the sale of 560,000,000 common voting shares at $0.0143 per share. The proceeds have been used to pay for the monies due under the terms of the Casavant Mineral Claims Merger Agreement and to secure general operating capital for the Company. The Company issued the shares in an exempt transaction to certain accredited investors. As further consideration, the investors were assigned a 2% Net Profit Interest Royalty or "NPI Royalty" as defined in the Casavant Mineral Claims Merger Agreement. All of the shares issued were issued under Rule 144.
In addition, the majority shareholders approved the Company's time-shared acquisition on December 30, 2002 of an ancient Chinese jade collection appraised by experts at $50,000,000 in return for 500,000,000 common voting shares. The Company believes that the jade collection will provide it with both a $50,000,000 asset base for reporting purposes and it will also serve as the centerpiece for a traveling jade museum show in venues throughout North America, including Las Vegas, NV (where major hotels and casinos have offered world master artwork collections, treasuries of the Russian Czars, treasurers from the Titanic, and motorcycle collections as revenue generating tourist attractions.
Conclusion
As a matter of regulatory compliance, we are sending you this Information Statement, which describes the purpose and effect of the majority shareholder action. Your consent to this action is not required and is not being solicited in connection with this action. This Information Statement is intended to provide CMKI's stockholders information required by the rules and regulations of the Securities Exchange Act of 1934.
WE ARE NOT ASKING YOU FOR A PROXY AND YOU ARE REQUESTED NOT TO SEND US A PROXY.
THE ATTACHED MATERIAL IS FOR INFORMATIONAL PURPOSES ONLY.
Date: January 30, 2003
Casavant Mining Kimberlite International, Inc.
/s/ Urban Casavant
By: Urban Casavant
Title: Chairman, President and Chief Executive Officer
Exhibit No. 5
Letter of Resignation of Auditor
Exhibit No. 10.1
Casavant Minerals Claims Purchase and Exploration Rights Agreement Subject to Finder's Royalty with Registration Rights Agreement Annexed
Exhibit No. 16
Opinion of Nevada corporate counsel re Majority Shareholders' Meeting
Exhibit No. 99
Report on the Diamonds
You said a mouthful buddy. TSX must be pretty sheepish now.
"Operation Dividends is the major air campaign of the Casavant Maneuver that is going to be launched to combat and take out the naked shorting that have been going on with CMKX by the Market Makers and/or their affiliates. This is how we will win the battles and ultimately the war! Below are some thoughts that are only my opinions."
Now that this story is pretty much toast I'm enjoying some of the more loony posts and your posts are classics!
Still "Got CMKX"?
Oh I get it now, Janice is shorty and offshore to boot!
I understand under a secret Plam an Urbinator cohort residing in Tuxford operating under code name fatso reserved all the potash rights from the FalC Diamond claims sometime after staking and prior to lapsing.
The potash rights are sitting in a secret Casavant familiy trust account on a private island in the Phillipines.
Poor Urbie the real diamond mine in Saskatchewan is this:
New potash contract sends fertilizer stocks soaring
Stocks of potash producers hit all-time highs Wednesday on word that China has agreed to pay a lot more for the fertilizer.
Canpotex — which markets Saskatchewan potash offshore on behalf of Potash Corp., Agrium and Mosaic — has negotiated a new contract that will see China pay triple what it paid last year.
Under terms of the new contract, Sinofert Holdings has agreed to pay $576 US a tonne for one million tonnes of Saskatchewan potash this year. That's up a whopping $400 US from the $176 US it agreed to pay in last year's contract.
"Significantly higher potash prices and extraordinarily tight supply have become much more firmly entrenched since China's previous contract was signed 14 months ago," said Potash Corp CEO Bill Doyle in a release.
"With the intense pressure on global food production and continued growth in potash demand, this is the reality for our industry for the foreseeable future.
Potash Corp. is the world's biggest potash producer. It supplies 54 per cent of the potash Canpotex exports.
Potash Corp. stock soared $8.54 to $196.69 in early trading Wednesday. The stock has tripled in the past year. Agrium shares gained $4.82 to $85.32; Mosaic stock rose $6.59 to $134.19 US.
All three companies were trading at all-time highs.
http://www.cbc.ca/canada/saskatchewan/story/2008/04/16/potash.html
That dam was built by a group of these guys and like Urban extinct.
http://en.wikipedia.org/wiki/Giant_beaver
http://www.gov.yk.ca/news/2005/files/05-297.pdf
I think the Saskatoon media is going to have a little Urbie hunt over the next few days. I'm starting to feel a little bit sorry for him. I wonder if he is hiding out in RW's acreage/ranch guest house or perhaps in Tuxford?
They also don't realize under the Guernsney Act enacted by a proclamation of our Parliament we get points for stealing from Americans due to the 1812 War Measures Act.
http://en.wikipedia.org/wiki/War_of_1812
Did you know that Arnold and Urban were both 16 years old in grade eight?
Poor Gutka has had enough problems in his life. When Ruby left him he tried to commit suicide and paddled his canoe out in the lake. He chopped a hole in the bottom of the canoe but the lake was only a couple of feet deep.
He told me his dream was to see the funny car in Vegas but they would not let him cross the border due to a drug conviction when he was eighteen. The poor man has suffered enough.