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Well actually I don't visit Smeaton hardly at all. In the past twenty years I've stopped twice for coffee and once for lunch. No, the investigation was at the Mines Branch and Saskatchewan Justice where corporate documents are filed. All Americans and all with big shiny badges. Something big is going down and the ones that usually talk the most have been warned not this time or you're fired.
The FBI is in town investigating you know who...
I own lots of stock I just don't buy them.
BTW, did he peddle any of that paper to you?
I don't buy stock, never have, never will.
I have to admit UC is a pretty smart guy. He got his own company shut down while pretending to comply with the SEC, which effectively prevents him from having to cover his own short position in CMKX.
CMKX will never be back... ROFLMAO!!!
Yes - but don't give in.
"In Sask. are the requirements for reporting drill results from private property as strict as from drilling on Crown land claims ? There has to be a reason why Urbie and Koch continue to drill on private property instead of getting down to business on the Crown land. Good way to keep everyone in the dark if you know that you haven't got any kimberlites with potential."
All minerals in the Prince Albert area are crown minerals, i.e. there are no private minerals in the north half of the province.
The surface land might be public, private or municipal but the minerals are Crown minerals including under garbage dumps.
Saskatchewan does not require you to report the results of your drill program to the government. However if you don't you can't use the results towards assessment.
You can verify this by checking the claim maps here.
http://www.ir.gov.sk.ca/Default.aspx?DN=3572,3385,2936,Documents
Why would the government issue claims on private minerals?
For your reference FALC is in NTS Map Area 73-H
An envelope with $50,000 in CMKX certs was delivered as an installment on the bribe to Charles "Bebe" Rebozo, a close friend of Nixon's. Congressional investigators believed the CMKX certs was to assure Hughes favorable treatment for his casino and airline businesses.
The man who delivered it, Robert Maheu, who worked for Hughes for 17 years, thought it was a political contribution. "We delivered the envelope at [Rebozo's] home," says Maheu.
Watergate investigators traced the payments to items purchased for Nixon's Florida residence next door to Rebozo's, including a putting green and a pool table.
Nixon had good reason to be worried that Democrats might be aware of the payment. Another one-time employee of Hughes, Larry O'Brien -- who worked with Maheu at the time of the payment -- had become the Democratic National Committee chairman.
"The president was absolutely focused on Larry O'Brien when he became chairman," says Lenzner. "Nixon assumed [O'Brien ] knew about it. So he could be thinking, 'Gosh, I bet, you know, if O'Brien was tied into the Hughes organization maybe he knows about the things we did for Hughes on the casinos, on the airlines.'"
Even if the burglars weren't caught in O'Brien's office, they would have found nothing to support Nixon's worries.
"I had no reason to tell Larry," says Maheu. "Why the hell would I tell Larry about this?"
The idea that Nixon would be paranoid about such a payment was natural, says Maheu.
"If I were the recipient of $100,000 in CMKX certs, the possibility that that may surface, it would bother me," he tells Stahl.
Stahl then asked him: "And you think that led to Watergate?"
"I think so," says Maheu.
I was there yesterday after court and the drill rig is still turning in the dump.
The first hole east of the claim encountered only sand etc. until the first bedrock where it stopped.
They cleared two drill pads which alas will never be used by them on the Carolyn pipe. I took a GPS shot of these two spots and we will run some mag and if warranted pop a couple of holes there as well.
This is a community pasture and there are corrals so we will probably bring our own horses up there and camp out for a few weeks and do the drilling ourselves with rented equipment.
I don't feel great about pounding the snot out of Walker but such is life.
btw it is possible a kimberlite pipe could be coincident with the village dump however it is unlikely that anyone in their right mind would drill it without a lot of ground control. I saw no evidence of ground control, i.e. flagging, blazing, geophysical pickets.
It appears Carolyn II was picked off the airborne and drilled for lack of better targets which is surprising when you have millions of acres of ground to chose from.
We're doing a ground check right now of another kimberlite target that is very near by.
HWL!!!
I have the court ruling in the Carolyn kimberlite matter that just came down five minutes ago. Do you have a fax number?
For the love of sanity tell Genius1000
http://www.investorshub.com/boards/read_msg.asp?message_id=5507389
that pictures...
http://www.ratboyz.com/index.php?photo=12
http://www.ratboyz.com/index.php?photo=11
http://www.ratboyz.com/index.php?photo=10
...are close up pictures of the drill.
Is it not enough I risked life and limb to take these pictures?
Do we have to explain to this blithering moron what a drill looks like?
Can he pull his socks up by himself in the morning or does he need help with that to?
Of course, his statements are just his opinion. All research conducted to reach his personal conclusions are available on the internet and public domain even though he never bothered to look.
Good grief!!!
Who knows maybe they will find a mine and have to move the dump further south.
DRILL HOLE DATA
Elevation 1542 Feet
N 53' 31' 32.9"
W 104' 48' 09.5"
MAP DATUM
NAD27 - Canada
you got 'em - I don't know how to upload 'em
It is possible a pipe could be coincident with a garbage dump full of fridges, tin cans, old stoves, and other metallic debris
maybe they are looking for that new mineral that ends in ium
R E F U S I U M
Do you have an email? I have pictures of Urban's shiny new rig to send you!!
I can't pretend to be sincere! The scoop is UC is traveling to Canada incognito under an assumed name on the weekend to start the drilling in FALC. He will then sneak back to the States to begin the race car season. There are a lot of people including the Saskatchewan government that want to talk to him. The U.S. authorities won't let him back across under his own name and if he gets caught using an assumed name he is up the creek for a long time.
I'm not sucking up to Matt to get on the CMKX board.
Is Matt a stuck up prick like side-show Bob on SI was? <g> just kidding of course...
I'm saving it for the CMKX board. You won't believe it!!!
I just found out some big news on devious CMKX wheelings!
This is my last post to you to.
Can you post a link to the firm auditing these deals?
Was that regular Corona you were drinking in those pictures or Crack Corona?
auditors ??
Someone shorts your stock and gets into a lot of financial trouble.
That person comes to you because you're the only guy in town that can get him out of trouble.
He is willing to give you $999,000 for paper that did not cost you 1 cent. You get an invitation to cary on carrying on. What would you do?
To make it even better you announce the deal and make it look like a property trade, and no one says boo about all the claims in the property trade having lapsed months before, i.e. claims that do not exist.
Do you get it?
Sorry no links just a phone conversation with a buddy in Vegas.
There was a huge naked short on CMKX and Urban arranged so it got covered at a discount rate directly into his pocket.
are they still in business?
http://www.amazon-treasures.com/fdga.html
You never know with Bump, I mean Gump...
Also Street Wire (U-CMKX) CMKM Diamonds Inc
by Lee M. Webb
U.S. Canadian Minerals Inc., a virtually penniless OTC Bulletin Board promotion recently reconstituted as a share-swapping mining play, flared to a rather remarkable 52-week high of $18.75 per share last week and promptly declared a 3-for-1 forward split. (All amounts are in U.S. currency unless otherwise noted.)
Under the direction of chief executive officer Rendal Williams, financially challenged U.S. Canadian Minerals has issued shares to acquire interests in a number of obscure mining companies, including a touted Saskatchewan diamond play headed by Urban Casavant, CMKM Diamonds Inc., a non-reporting issuer trading on the mighty pink sheets.
The OTC promotion has also peeled off shares to acquire stakes in privately owned Nevada Minerals Inc., Nevada Magnetic Material Inc., OTC-listed El Capitan Precious Metals Inc. and to acquire certain assets of Juina Mining Corp., another non-reporting company changing hands on the pink sheets.
U.S. Canadian Minerals has also reportedly executed an intriguing share swap valued at $9-million with London-based Langley Park Investment Trust Plc, which recently began trading under the auspices of the London Stock Exchange (LSE).
Notwithstanding its LSE listing, there is very little in the way of easily accessible public information about Langley Park, and U.S. Canadian Minerals has not fleshed out any details regarding the intriguing transaction in a regulatory filing. Indeed, U.S. Canadian Minerals has not made any filing regarding the matter at all with the U.S. Securities and Exchange Commission (SEC).
Apparently market enthusiasm for U.S. Canadian Minerals has not been dampened by the company's precarious financial position, reporting no revenue and only $1,321 in cash for the quarter ending June 30, 2004, its questionable transparency, its relationship with other penurious companies or the obscurity of some of those companies, including the massively diluted CMKM with approximately 780 billion shares outstanding.
While the company's stock price has retreated somewhat from the surprising 52-week high of $18.75 notched last week, U.S. Canadian Minerals is still far outpacing the accomplishments of its two earlier incarnations, E-Bait Inc. and Barrington Foods International Inc.
Hook, line and sinker
Incorporated in California in 1999, E-Bait cast out a business plan involving "a fully functional, interactive e-commerce Internet web site" that would that would allow the public to purchase fishing lures and related fishing products online. Under the plan, E-Bait would receive a 30-per-cent commission on the sales.
As part of its limited promotional efforts, E-Bait reportedly clothed five professional fishermen in advertising duds and paid a portion of their entry fees to fishing tournaments.
E-Bait's lure website also featured a message board for exchanging fishing tips and tales as part of an attempt "to create an atmosphere where fishermen and fisherwomen can come to 'hang out' on the Internet" and hopefully purchase some tackle.
Alas, the plan did not float. From its inception on Feb. 4, 1999, through to its last financial report for the quarter ending Sept. 30, 2001, E-Bait only snagged a paltry $1,470 in revenue.
In any event, by August of 2001 floundering E-Bait was being reeled in by Barrington Foods in a reverse takeover.
Mother's milk is best
Barrington Foods, promoted as a purveyor of powdered soy-based milk products, was headed by Mr. Williams, now serving as chief executive officer of U.S. Canadian Minerals.
According to an Oct. 29, 2001, registration statement filed with the SEC, at least two people with connections to U.S. Canadian Minerals and associated companies were also early participants in Barrington Foods; specifically, lawyer Brian Dvorak and, perhaps more significantly, John E. (Ed) Dhonau.
The promotional puffery included in SEC filings portrayed Barrington Foods as "a fast growing worldwide food and trading Company with distribution and access to resources and products around the world."
While Barrington Foods reportedly had plans to diversify into other products such as shampoo, soap and toothpaste, its touted flagship offering was its Pride & Joy infant formula.
In a number of SEC filings, the company served up a corporate position statement regarding Pride & Joy.
"BFI acknowledges that mother's natural milk is the best possible source of nutrition for infants up to one year old," the company proclaimed. "The products sold are not intended to undermine natural breast-feeding."
As it turned out, neither Pride & Joy nor any of the company's other touted products undermined anything, apart perhaps from general shareholder value. From its inception until Dec. 31, 2003, Barrington Foods generated a picayune $171,551 in revenue while ringing up a loss of more than $15-million.
Before finally acknowledging that its soy-based powdered milk promotion had gone sour, Barrington Foods reportedly managed to tally more than $12.5-million in stock-based compensation.
In late 2003, Barrington Foods abandoned its vaunted soy project and vaulted into the mining business, changing its name to U.S. Canadian Minerals in January of this year.
Another promotion is born
The rebirth of Barrington Foods as U.S. Canadian Minerals, still headed by Mr. Williams, may have been painful for some shareholders and perhaps particularly so for those who actually purchased shares in the market prior to the makeover. To facilitate the latest incarnation, U.S. Canadian Minerals executed a 1-for-125 reverse split.
While the January share consolidation knocked the share structure down to a more manageable level, the company was still penniless. There was nothing for it, then, but to start the cycle of stock-based compensation all over again.
Even OTC corporate reincarnations cannot be transacted on the cheap and by March 31 U.S. Canadian Minerals had rung up more than $3.3-million in consulting and professional fees. Not surprisingly, the financial statements indicate more than $3.3-million in stock-based compensation for the quarter.
Given that the company had no cash, and was still virtually penniless as of June 30, even more shares were issued to pay for stakes in various mining companies of largely unknown, if not dubious, value.
The first beneficiary of Mr. Williams's share-issuing acquisition strategy was Nevada Minerals, headed by Mr. Dhonau.
The Nevada deal
On Jan. 20, shortly after being slapped into its latest incarnation, U.S. Canadian Minerals peeled off five million shares for a 20-per-cent stake in a joint venture with Nevada Minerals to develop 500,000 acres of "potential kimberlite property" in Saskatchewan.
It is not exactly clear how Mr. Dhonau's Nevada-based mining venture came to be involved in 500,000 acres of "potential kimberlite property" in Saskatchewan, widely regarded in the mining industry as "moose pasture" in the absence of any significant exploration. It is clear, however, that the enterprising Mr. Dhonau has been involved in a number of ventures.
According to the Nevada Secretary of State, Mr. Dhonau has served as an officer or director of 20 companies in that state alone, many of them privately held like Nevada Minerals.
Mr. Dhonau has also reportedly been associated in some capacity with several other public companies in addition to U.S. Canadian Minerals, including Crystalix Group International Inc. In one of those coincidences found in the world of penny stock promotions, Crystalix recently received a $2-million loan from Mr. Casavant's privately held CMKXtreme.com.
Mr. Dhonau, once the recipient of the Charlie Hustle award from one of his employers, also played a role in Voyager Entertainment International Inc., an OTC company with an interesting history. Among other things, Voyager Entertainment featured the rather significant involvement of serial stock manipulator Barclay Davis and his wife Loretta Davis.
Perhaps not surprisingly given his numerous business associations, Mr. Dhonau has been involved in a number of lawsuits, on occasion as plaintiff and other times as a defendant. He also ran afoul of Ohio securities regulators for selling unregistered securities and was the subject of a 1998 cease and desist order.
Mr. Dhonau's brush with Ohio regulators pales in comparison with the regulatory and law enforcement woes of some individuals with whom he has been directly and indirectly associated.
For example, Mr. Davis and his wife Loretta, participants in Voyager Entertainment in which Mr. Dhonau played a role, were tagged with a $3-million disgorgement order obtained by the SEC in an unrelated matter in 1998. That was not the end of Mr. Davis's woes.
On Sept. 26, 2002, a Nevada judge sentenced Mr. Davis to 30 months in prison for his 1993 to 1997 rig job of Combined Companies International Corp. Among other things, the Combined Companies stock fraud included bribed brokers, false audit reports, bogus S-8 stock issuances to consultants and illegal use of nominee accounts.
The sentence also took into consideration Mr. Davis's plan to have a witness injured to prevent him from testifying against him.
There is nothing to suggest that Mr. Dhonau had even the slightest clue about the dastardly deeds of Mr. Davis.
Similarly, there is no indication that Mr. Dhonau had any knowledge of the alleged criminal activity of Canadian Laurent Barnabe, a third party defendant in a Nevada civil lawsuit featuring Mr. Dhonau as both a primary defendant and third party plaintiff. While that lawsuit was wending its way through the judicial system, Mr. Barnabe was arrested by the FBI in connection with an unrelated matter.
On Jan. 5 of this year, a 75-page superseding grand jury indictment was unsealed in Oregon charging Mr. Barnabe, Gilbert Ziegler, Robert Skirving, Rita Regale and Douglas Ferguson with 147 counts of conspiracy, wire fraud and mail fraud for their alleged roles in defrauding investors of at least $206-million in connection with the massive First International Bank of Grenada scam.
The charges against Mr. Barnabe and his alleged associates, which stem from a five-year investigation, include one count of conspiracy, 22 counts of mail fraud, 19 counts of wire fraud, 103 counts of engaging in transactions with proceeds of crime, and one count each of money laundering conspiracy and forfeiture.
Mr. Barnabe, recently released on bail, denies the allegations and has pled innocent.
In the same vein, there is nothing to indicate that Mr. Dhonau knew anything at all about the less than reputable activities and alleged activities of disbarred, SEC-suspended and subsequently indicted lawyer Shawn Hackman, who served as secretary and treasurer of four Nevada companies headed by Mr. Dhonau: Horizon Prime Inc.; Red Bluff Corp.; Silver Stream Corp.; and Western Sky Inc.
Mr. Hackman, who played a role in Canadian career fraudster Michael Mitton's H & R Enterprises debacle, was suspended by the Nevada Supreme Court in 2001 amid allegations that he misappropriated $700,000 from a client at a time when he was ostensibly co-operating with the state bar counsel regarding other client complaints of misappropriation. He was ordered disbarred on April 3, 2002, and subsequently suspended from practicing before the SEC.
In August of 2003, the U.S. Organized Crime Strike Force unsealed a 64-count, 100-page grand jury indictment against Mr. Hackman and fellow Nevada lawyers Sean Flanagan and Daniel Chapman, New York lawyer Herbert Jacobi and Utah transfer agent James Farrell.
The indictment included 50 counts of conspiracy, wire and mail fraud, money laundering, conspiracy to defraud the Internal Revenue Service, interstate transportation of stolen securities and false statements, and 14 counts of forfeiture.
According to the allegations, Mr. Hackman and his co-defendants facilitated the manufacture of fraudulent shell companies in which the promoters gained hidden control of all or virtually all of the public float through the concealed use of nominee officers, directors and shareholders.
In February of this year, Mr. Hackman entered into a plea agreement, pleading guilty to one count of conspiracy racketeering and agreeing to a criminal forfeiture of property obtained through racketeering.
In his plea agreement, Mr. Hackman admitted that, from at least July of 1995 to November of 2001, he and his co-defendants and others known and unknown were members of a criminal organization engaged is securities fraud, money laundering, wire fraud and other illegal activities.
Mr. Hackman also admitted that, among other things, the scheme involved fabrication of corporate records and stock records; mergers of shell corporations with private companies; formation of companies in the Bahamas to cover up the fraud; and retaining lawyers to issue false legal opinions indicating that the shares of the shell corporations were freely tradeable.
The other four defendants have entered pleas of not guilty and the case has not yet gone to trial.
Again, it should be noted that there is nothing to suggest that Mr. Dhonau had any clue at all about the criminal activities of Mr. Hackman.
It should also be noted that according to many shareholders of U.S. Canadian Minerals, the largest shareholder Mr. Dhonau is an intelligent, enthusiastic, well-connected and respected prince of a fellow who will figure prominently in both the company's future and in the future of CMKM.
The CMKM deal
While Mr. Dhonau's Nevada Minerals was the first beneficiary of the share-issuing acquisition strategy, Mr. Casavant's widely followed subpenny pink sheet promotion CMKM has, to this point, been the largest beneficiary.
On July 18, U.S. Canadian Minerals entered into an agreement to acquire a 5-per-cent stake in all of CMKM's mineral claims in exchange for 7.5 million shares. A one-year option agreement was also reached allowing U.S. Canadian Minerals to acquire a further 10-per-cent stake in CMKM's claims for $15-million.
On the same day, CMKM announced a dividend-in-specie distribution of the 7.5 million shares of U.S. Canadian Minerals. The dividend scheme was delayed, but on Oct. 6 CMKM shareholders received 0.00000962 of a restricted share of U.S. Canadian Minerals for every CMKM share held.
CMKM's claim to fame lies primarily in what may be more than one million acres of mineral claims in Saskatchewan, with some of that property in the Fort a la Corne area, which is home to two advanced diamond exploration projects unrelated to Mr. Casavant's company.
Like many other things about CMKM, the precise acreage of its mineral claims is not clear. While the company has touted various figures up to 1.9 million acres, Stockwatch has not been able to locate any record of claims at all registered to CMKM in the Industry and Resources section of the Saskatchewan government website.
Evidently CMKM's attorney, something that most public companies can boast, is also a toutable feature to many shareholders. According to some of the company's cult-like Internet followers, lawyer D. Roger Glenn is one of the top securities lawyers in the U.S., if not the world.
Again, like many things about CMKM, the foundation of that claim is not at all clear; nor is it clear that Mr. Glenn is ranked among the top securities lawyers anywhere. In any event, some CMKM shareholders claim that Mr. Glenn is the principal reason that they hold shares in the company.
While CMKM shareholders may realize some future benefit from the restricted shares they received, U.S. Canadian Minerals has perhaps received an immediate benefit that extends beyond the 5-per-cent stake in CMKM claims acquired in exchange for 7.5 million shares.
Because of the dividend-in-specie scheme, U.S. Canadian Minerals now has another 45,000 shareholders or so. Included among the approximately 45,000 shareholders is a large cultish contingent of Internet followers, some of them first time investors and most with little or no knowledge of mineral exploration or mining companies, and a motley assortment of imaginative gurus and touts.
In addition to the 7.5 million shares, U.S. Canadian Minerals has also anted up $5.5-million under its option agreement with CMKM. At least $3-million of that amount came from an unidentified party related to CMKM. The source of the rest of the money has not been disclosed.
Many CMKM fans, a surprising number of whom believe their beloved company has an "intrinsic valuation" of a trillion dollars or more, believe that the cash and share transactions involving U.S. Canadian Minerals lend credibility to the pink sheet promotion.
Some followers of the closely associated group of stock plays including CMKM and U.S. Canadian Minerals have also been impressed with the deal struck between Mr. Williams's promotion and the London-based Langley Park.
The London deal
U.S. Canadian Minerals first announced what it called a "funding transaction" with an unidentified London-based entity on Aug. 20. The so-called funding transaction was, in fact, a rather peculiar share-swapping deal valued at approximately $9-million at the time of closing.
Under the terms of the deal, the London investment company, subsequently identified as Langley Park, would issue the $9-million equivalent of its shares at a price of one pound sterling per share in exchange for $9-million worth of shares of U.S. Canadian Minerals. Langley Park would also obtain a listing on the LSE.
Perhaps the strangest part of the announced deal is that Langley Park reportedly entered into a two-year lock-up agreement with respect to the shares of U.S. Canadian Minerals it would receive while the OTC promotion was free to sell up to 50 per cent of the Langley Park shares as soon as the company obtained an LSE listing. The remaining 50 per cent would be subject to a claw-back clause and held in escrow for two years.
Market observers familiar with Operation Bermuda Short and the involvement of a fictitious British fund in that sting operation might be forgiven for at first scratching their heads, cocking an eyebrow or puzzling over that deal. As it turned out, however, Langley Park did obtain an LSE listing.
Unfortunately, at least for those with any interest in such matters, the British equivalent of the filings that would accompany a listing on a North American exchange are not available on the LSE website. Indeed, there is very little information at all about Langley Park available on the LSE site, leaving the company almost as obscure as a pink sheet offering.
However, a search of SEC filings indicates that U.S. Canadian Minerals was not the only OTC beneficiary of Langley Park's share-swapping largesse.
Aberdene Mines Ltd., with connections to Howe Street, entered into a slightly different share-swapping agreement with Langley Park; Avenue Group Inc. of Encino, Calif., signed up for a reported $11-million share swap; Bidville Inc., now a delinquent filer, entered into a $4.4-million sway; and recently reorganized and renamed Cirillium Holdings Inc. swapped $5.6-million worth of shares.
DirectView Inc. of well-known Boca Raton, Fla., secured a more modest $2.4-million swap; Forum Energy Corp., headquartered in Calgary, Alta., lassoed a $5.4-million deal; Galaxy Minerals Inc. announced a similarly structured $12-million transaction; Global Diversified Industries Inc. grandly claimed a $2-million swap; and Human BioSystems Inc. touted a Langley Park deal without a specified value.
IMedia International Inc. publicized a $7.6-million swap; Material Technologies Inc. recently announced a swap involving approximately 8.7 million of its shares, but did not suggest a value for the transaction; Newport International Group Inc. touted a deal worth $11.6-million; and NutraCea popped up with a $1.2-million swap.
Moving further into the alphabet, Omni Medical Holdings Inc. announced a Langley Park stock-swap with no specified value; Quintek Technologies negotiated a $2.4-million swap; and Vital Living Inc. reportedly latched on to a $1.1-million share-swapping deal.
Most of the OTC companies involved in these share swaps are financially challenged; and Langley Park may be virtually penniless, for all that most investors know.
Survivor
Given that there is little in the way of easily accessible information about Langley Park, the rationale behind the vaunted investment trust's strategy is something of an enigma. It may be, however, that Langley Park's investment strategy is modelled after the popular North American television series Survivor. If so, at this point there is no way of telling who will be left with any significant financial standing as the story unfolds over the next couple of years.
Shares of Langley Park, which many of its share-swapping partners had plans of selling to finance their operations, are currently changing hands at 22 pence and have dipped as low as 4.5 pence in uninspired trading.
Meanwhile, U.S. Canadian Minerals has been on a tear, far outpacing the performance of other Langley Park swappers.
Basic Securities Inc has accounted for a rather significant amount of the trading in U.S. Canadian Minerals. Indeed, in some months, Basic has tallied more than 50 per cent of the monthly trading volume.
According to many CMKM and U.S. Canadian Minerals shareholders, Basic's point man when it comes to trading in the two companies is Daryll Pryor. Many fans of the two companies claim that Mr. Pryor holds a significant number of shares of both CMKM and U.S. Canadian Minerals.
In another of those interesting coincidences sometimes found around stock promotions, Mr. Pryor evidently has a close personal relationship with the investor relations spokesperson for U.S. Canadian Minerals, Chris Hanneman.
Apparently Ms. Hanneman and Mr. Pryor share some enthusiasm for funny car races, which is where many shareholders have met the couple. As previously reported by Stockwatch, CMKM sponsors a funny car as a promotional vehicle to tout the company.
In addition to Ms. Hanneman and Mr. Pryor, company representative like Mr. Williams, Mr. Dhonau, Mr. Casavant and other executives frequent the funny car races, reportedly passing out insiderish snippets of upbeat information and rubbing shoulders with shareholders who flock to the events and help with the promotional efforts.
Apart from the staggering trading volume, none of the promotional efforts seem to have had much of an effect on CMKM. Meanwhile, the share price of U.S. Canadian Minerals has reached dizzying heights for a company with no track record, no compelling assets, no revenue and no more than chump change in the way of cash.
U.S. Canadian Minerals has lost some ground since notching its 52-week high of $18.75 on Oct. 12, but the stock is still closed at a rather remarkable $14.75 per share on Oct. 19.
Meanwhile, and in spite of recent news that it is now venturing about in Ecuador, CMKM has been holding steady at a rather unremarkable two-100ths of a penny.
The saga will continue.
Comments regarding this article may be sent to lwebb@stockwatch.com.
(More information regarding CMKM Diamonds and associated companies can be found in Stockwatch articles dated Oct. 21, 2003; June 22; Sept. 16 and 24; and Oct. 1 and 15, 2004.)
http://new.stockwatch.com/swnet/newsit/newsit_newsit.aspx?bid=U-s0119784-U:UCAD-20041020&symbol=...
OK!! Also the ground is not frozen. There was a great deal of snow here before anything properly froze and this winter will be a write off for many companies. YOU'RE SO IN THE KNOW!!!
WOW, you must have worked over time to get all my posts removed!! LOL!
You're a hero gump!! A really really really great man!!!
You're the man...
Giving up some CMKX shares and your UCAD dividends is not disaster relief.
cmkxshareholders.com
Registrant:
Dan York (danyork@dallastexas.net)
CMKX Shareholders
2415 Hillglenn Rd
Dallas, TX 75228
US
+1.2143275168
Domain Name: cmkxshareholders.com
Administrative, Technical, Billing Contact:
Dan York (danyork@dallastexas.net)
CMKX Shareholders
2415 Hillglenn Rd
Dallas, TX 75228
US
+1.2143275168