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For him to author THE authoritative text, which OTHER lawyers use to interpret the SOX act, proves Glenn is not only a "competent attorney" but a pillar amongst his peers.
Oh, please!
He wrote a rather unremarkable booklet, little more than a banal over-sized pamphlet.
Dozens of hang-dog lawyers have done as much and more.
most judgements do go under appeal, and I read her scathing report.
No, no; I wasn't talking about Judge Judy. It was Judge Shaw, Judge Duncan Shaw.
Now, why don't you spend some time reading the articles covering the trial and some additional time reading about Delgratia Mining? That material shouldn't be hard to find.
Will...terrific post, after reading some "info" on another "journalist" that was with that "publication" and what he did to warrant a couple of lawsuits, was dispicable.
You might want to spend a little time reviewing the history of Delgratia, the second largest salting scandal in Canadian mining history--right behind Bre-X.
The judge even fined them for continuing to report falsehoods during the trial, in one case.
I wrote every article about the case, including a detailed article about Judge Shaw's decision.
Stockwatch was not "fined" for "continuing to report falsehoods" during the trial.
The judgment is under appeal.
Delgratia shareholders are hooped.
And you have anything to qualify that statement?
That statement doesn't need any qualification.
And anyone who has spent any time drilling, blasting, mucking, and so on in a gold mine would know that.
If I remember correctly, I think Rendal said it in his interview w/ Green Baron.
I don't recall that, but I didn't pay all that much attention to the interviews.
I seem to remember that in the first interview, I believe, he mentioned something about already having brought about 180 grams of gold back and that they planned to bring a kilogram back on the next trip.
My memory could be badly off the mark, of course.
I'm a bit disappointed in Roger.
Well, perhaps that disappointment has something to do with the "belief" that he is something other than a run-of-the-mill securities lawyer.
Then I guess we wait for the USCA 10Q to tell us all those interesting facts.
Oh, absolutely; after all, the company is a paragon of disclosure.
Rumor has it that their filing is ready to go as soon as they get this SEC business squared away.
I just bet it is. Ha!
If the bars are as they "seem" to be and the Ecuador facility is producing dore bars at 90% purity, that would indicate a fairly rich mine, true?
The bars on their own, even if they were produced at the Ecuador facility, say very little about the mine apart from the fact that it hosts some gold.
What the grade might be is anyone's guess; and that hunk of rock so nicely displayed on the bars is certainly not representative of the ore in that mine.
And who knows if the rock actually came from the UCAD property?
Well, certainly not me.
If you can buy a timeshare in an ancient Chinese jade collection, as CMKX planned to do at one time, I wonder if you can buy a timeshare in a dore display?
The picture is fuzzy, but it's not inconceivable that the yellow metallic looking substance in the quartz piece is gold.
Thanks.
Yes, the picture is, unfortunately, fuzzy, but that was pretty much my assessment. I also checked a few pyrite photos.
In any event, it undoubtedly has some promotional value. I suspect that the PalTalk crew and many of the party-goers are probably convinced that the Ecuador properties host millions of tons of rock that look just like that.
TSXminer, what are your thoughts on this picture?
http://www.cmkxpics.com/vegas7/pages/IMG_0006_JPG.htm
The man is an imbecile.
Oh, don't be so hard on the lad, Gump; after all, he is still learning.
And, really, what can you expect from an apprentice subpenny pink sheet stock tout who doesn't have a clue about mining, exploration or the market, among other things?
Yet, I for one am a believer in this company and have already tied myself to the mast, if the ship goes down, I'll go down with it.
That's the spirit, lad!
There are a great deal of people from Alberta invested in CMKX at much higher prices.
As you know, there is also a significant number of Saskatchewan investors, some of whom are not very happy.
I spoke to a very early Saskatchewan investor a couple of weeks ago who felt that he had not been treated fairly. He was looking for a good securities lawyer.
We had an interesting chat.
I just don't know what to make of this report of a "crazy woman" rushing the stage and cussing out Urban Casavant.
I am particularly flabbergasted by the claim that this impudent party-pooper was a Canadian; after all, we're such a restrained bunch.
Ha!
CMKX CANNOT trade in Sask. until they register with the Sask Financial Services Commission.
Arete:
I am not sure how familiar you are with Canadian securities regulations or the patchwork of regulators here, but I am wondering whether you are perhaps confusing "registering" securities as that is understood in the U.S. (specifically by means of a registration statement) with the notion of being "registered" as it is understood in Canada and particularly with respect to this statement in the Saskatchewan enforcement order:
The Respondents traded in the securities of CMKI and CMKM when they were not registered pursuant to section 27 of the Act;
The term "registered" in that statement refers to the respondents, not the securities (CMKX shares). To put it simply, that basically means that the Urban Casavant, David DeSormeau and Melvin O'Neil were not registered as brokers in Saskatchewan.
If you lived in Saskatchewan, you could still buy and sell CMKX shares in the market.
stervc's latest - The SGGM Solution...
I can't put my finger on a specific cause, but there is something about this saga that evokes memories of my childhood among unsophisticated and, well, plain-speaking folk who wrapped kernels of wisdom into rustic sayings like, "Crazier than a shithouse rat."
Fun stuff to read
http://www.investorshub.com/boards/read_msg.asp?message_id=4420013
Well, apparently someone didn't think it was very much fun.
The post was deleted, as was my response to gump asking whether he meant to put an "IMO" into that message.
Lee: Do you have any guesses on how the British regulators fit in here?
Yes, I do; but I will keep most of them to myself, for now.
At the very least, they probably helped the SEC out with documents from the U.K. Listing Authority.
The British regulatory system, as I suggested in an article about a week ago, is not as easily accessible as North American systems.
Stockwatch ran a series of about 60 articles dealing with one segment of the London Stock Exchange a while ago.
If I understand correctly...the cult believes the suspension is a "good thing" & is part of the plan to get shorty.
Yes, that's what a couple of the PalTalk members who risk talking to a heretic like me have indicated. Incredible.
I'm thinking that is the angle Urbie will be pushing at the party this weekend.
Is it pretty much a given that he will be there?
So, what is new with CMKX and its gaggle of associates beyond an SEC suspension for USCA, an investigation aided by NASD, Canadian and British regulators and an enforcement order against several participants by Saskatchewan regulators?
Ho-hum.
Just another day.
All is well.
Lee let it go, you look more foolish with each posted response...
If you had a clue, you would realize where the foolishness lies.
Gold is not an ore.
Ore, to put it simply, is just rock that contains valuable minerals or metals that can be profitably extracted.
Gold ore is simply ore that contains gold.
Is any of this getting through to you?
Gold is an ore...
Oh, sweet Jaysus!
Gold is not an ore.
Gold ore is ore that contains gold.
Good grief.
Actually, why don't you read the entire exchange again.
And then, actually consider this again:
You can produce a slurry concentrate, but it isn't ore.
Actually, your statement is not fully accurate....
It is entirely accurate. Ore is ore.
You can extract ore from ore to make the slurry richer in Gold.
Give it a rest. Ore is ore.
You can produce a slurry concentrate, but it isn't ore. It's a concentrate.
And Randal speaks of some proprietary milling or recovery process that they have.
Oh, no; there it is, a "black box" project already in the works.
Well, that really isn't much of a surprise, I suppose. I was just hoping that it wouldn't slip out for a while.
LOL 8 oz/ton, I bet it's more in the range of .01 GRAMS/TONNE to maybe 30 g/t leaning more towards the former end....
Well, eight ounces per ton would probably float among the faithful. Good grief.
Being something of skeptic--or a heretic or worse, as some would have it--I would lean toward the lower end of your range, too.
I hope this doesn't evolve into a "black box" play before I have the time to get back to the story.
By the way, thanks for the message.
Now you surely can see what I have been trying to point out. Mickey Mouse ness.
What is "the first week of gold ore" ?
And how do you extract ore from ore. Preposterous !!! Who writes that stuff for them ?
The sad part, Gump, is that I suspect only a handful of posters here really know enough to see just how "preposterous" that news release really is. And, apart from you, they are probably considered "bashers."
It is not possible to naked short in Canada.
Gump:
Really?
Well, perhaps that depends on the definition of the term. Granted, Canadian regulators are prone to scratching their heads and appearing to be puzzled if asked about "naked shorts" before suggesting "Oh, that happens in the U.S., not here," but that is not a proposition I would care to defend.
If, as I think many would accept, naked shorting is understood as simply shorting a stock for which no borrow has been arranged, it does happen in Canada. And the regulators know very well that it happens.
Do I have proof? Absolutely.
All you have to do is look at the forced buy-ins executed at a 10-per-cent penalty premium to the market price transacted through the TSX. The broker code is 100, as I recall.
Having said that, you will not see any subpenny stocks shorted.
And I have not seen one iota of evidence that this subpenny pink sheet dross is being "naked shorted" in the U.S. No matter how much the CMKX faithful proclaim their "belief" in that bogeyman, in the absence of evidence and in my opinion, that notion is ludicrous.
Lee, your post was deleted.
Were you obscene after my sticking up for you ? LOL.
Gump:
Have I ever been naughty, especially to you?
Perhaps the post was deleted because I provided the name of nufced's latest heroine, Londa. I didn't think it was a secret.
In any event, her last name and her gobbledegook are included in this rubbish from Willy Wizard:
http://ragingbull.lycos.com/mboard/boards.cgi?board=CMKX&read=474963
I thought you would get a chuckle out of this drivel, particularly this type of nattering:
1 kilo of diamonds = 100,000 carats and a kilo is roughly the size of a brick. A brick is roughly 7.75 inches long by 2.25 inches tall by 3.5 inches wide. How many kilos of diamonds in side of the above described Kimberlite? Only the company assays can estimate that. But 5 bricks laid end to end are approximately 3.23 feet.
Good grief.
Without the above, it's just a hole in the ground.
Jim:
Isn't that half of the industry's joking definition about a gold mine promotion?
De Beers could care less of what is said in these boards. C'Mon like Gump said GET SERIOUS
I agree.
More, and worse, has been said about De Beers on stock chat boards without any reaction.
I expect RocketRed could attest to that.
How is it possible to do that without producing proof that the records in the claims office are somehow wrong?
Good grief, Janice; we're talking about the PalTalk bunch. What in the world do they care for proof?
As I understand it, Melvin "put the rumors to rest" by telling the assembled throng of nascent multimillionaires that he called Urban Casavant and was told that the problem had been "taken care of."
Good enough. Great news. Glad to hear it. Thanks Melvin. All is well.
Amen.
The speculation about CIM moving to the AMEX is still on the table though.
U ARE CALLED OUT IN PALTALK..GET OUT OF YOUR HIDING PLACE
The time has come, the Walrus said, to speak of many things.
Of ships and shoes and sealing wax, of cabbages and kings.
Of why the sea is boiling hot, and whether pigs have wings.
Ah, yes, the PalTalk bunch; the double mirror mullets who have gone far beyond the looking glass.
Gump:
Stockwatch put out another excellent Will Purcell article about Shore Gold's project today. The entire series is worth reading.
The speculation about CIM moving to the AMEX is still on the table though.
Oh, please; give it a rest.
While AMEX is undoubtedly a challenger in the race to the bottom, they are not going to list any of these Casavant outfits, let alone one with more than 40 billion shares outstanding.
I agree that the next week will, in all probability, be very interesting.
Euthydemus:
Well, for some perhaps.
But consider a poor scribbler like me spending my days and a considerable portion of my nights, as I have done for the past week and will be doing next week and beyond, following the closing submissions in a regulatory hearing where there has been enough nattering about the Mafia, bent brokers, indictments, SEC sanctions and so on to make your eyes glaze over.
When I think of all the excitement I'm missing with this subpenny pink sheet promotion and its cult-like following, it nearly makes me weep.
I think Mr Ed needs to get off his high horse and learn how to do research.
Good grief; don't be silly.
Research involves questions. Mr. Ed has publicly acknowledged that questions just aren't his line of work. That's basher stuff.
Lee - as you know, a great deal of speculation regarding certain Carolyn core samples that were "locked away" might contain evidence of the greatest diamond find in history.
Ha! Yes, indeed, I have heard that great speculation.
Or is it "spec-o-lation."
Or is it part of the "master plan."
Or, as I tend to think, is it poppycock?