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Bill, is UGHO still lined up for a day 2 run? Past runs
show strength on the second day after a strong move like we saw Friday.
Just wondering what your pre-market L2 is showing near the opening bell.
Thanks, Bo
bluejac...It was reported by CMKX as such.
For me, it's going to add to the credibility factor if such events transpire.
We should hopefully obtain better insight on CMKX's O/S based on what the actual dividend payout is to shareholders.
This along with good results from Carolyn and the Oreo pipe should wake up CMKX's pps. New money would come into play and the MM's would have to set their valuation levels mutiples higher than current levels.
Have a good Monday blue, : )
Bo
GM all. Penny you found my play for
today. Thank you for the DD.
Not a buzz, but a ECPN should move strong today. I like them.
Baosteel is emerging as one of the leading steel operations in China. Plus, the Chinese Enterprise Confederation & China's Enterprise Director's Association publishes a list of China's top 500 enterprises. Baosteel ranks 13th.
Here is a link to their site: http://www.baosteel.com/english_n/indexe_n.html
Finally we all know what happens to the pps of any company linked with CMKX.
If you choose to get in, get in early because with this news, ECPN should move well today. Set your goals for any gains as it move up, and also your stop loss price in case in case of a downward move in spite of the great news.
A 15 year agreement with Boasteel is a nice pr.
Hope everyone had a good and relaxing weekend. : )
Bo
As with any stock, use your own judgement to make any and all investment decisions
Thanks make me. GLTY as well.
ski...the football team is 2-1. They ended up winning 2 games in a row thanks to our offensive line coach. He is 19 and a young man that 2 years ago was pronunced dead because of heat stroke on the field. He was revived and began his recovery from there. He's 6'6", 325 and all muscle. He was in a coma for 2 1/2 weeks before coming out of it. He was an all-state first team linemen with colleges lining up. Now, none will offer even a partial scholarship. How fair is that? His desire is there, and he is so athletic
With any money from CMKX, I would love to help this young man, and say to him "pick your school, I'll pay for it, and next year, you can play as a walk-on".
He's worked great with our line, and their only getting better. They bust their butt for him. Maybe this is the start of his true calling. He is teaching them some advanced techniques and they are immediately using them. It's fun to be part of.
My french horn player will be starting Central Pa youth orchestra next week, and is going to the Pittsburgh Symphony tomorrow. She wants to get private lessons from the FH master of the symphony next summer. Boy crazy, friend crazy and makes me laugh all the time.
As for me, I plan to see if Penn State is going to continue to suck. I swear to God, watching them makes me cramp and bind up.
Go Blue!!!
Hope your weekend is good ski.. : ) Bo
Hold, pray and keep sticking together. We have seen
1000%-1200% gains already.
If good news is soon to come, there is quite simply so much market attention on this stock, and sidelined money just waiting for a good reason to get in the game, that I think the run will be hard.
Today is proof of some of yesterday's discussions.
drdre brought up that CMKX won't move on positive diamond recovery news. If you peek at my response to him yesterday, that offers some insight.
Quite simply, good news moves stock prices. The market projects value from the information given and events that take place. I know that sounds like something everyone understands without it being said, but the point was brought up yesterday, and today and everyday thousands of stocks move up on good news and down on bad as a general rule. Their are exceptions like when big board plays fall despite good earnings. But the norm is good news=up, bad news=down.
Like I say, it sounds silly to mention that because it's so basic, but I wanted to clarify something drdre posting I felt wasn't on the mark.
Bo : )
When I saw it this morning it had the same feeling
as WNMI and QBID when I first saw it.
I made 5 times more in WNMI than I did today. With WNMI, I bought most at .006 and some at .014, and got out completlely at .045.
It's one of those instinct things where the good news transcends beyond information about the stock. When the news is not only good, but speaks to hot social topics at the time, then I get this buzz that I know it's a winner, at least for the short term.
I've mentioned before, I saw the news of QBID at .0001 in February, 1 day before it lifted off the launching pad. I KNEW with more feeling that I've ever had about a stock that it would explode. At the time, the gay marriage issue was heating up all across the nation, and was painted all over the tv/cable news networks. I knew what throwing $10,000 would become. For personal reasons, I didn't do it.
Today was no exception. Terrorism and the buzz Taser captures in fighting crime world-wide is a hot topic. Taser's meteoric rise was something I actually mentioned yesterday...lol. They were just coming out last year with initial development and sales and their stock exploded. UGHO's Cobra offer many important advantages over Taser.
At .82 entry with their news and low O/S, given TASR's WILD momentum ride upward and being a hot topic, it made sense to me and I felt that buzz. The charts are making me look forward to Monday morning a whole lot.
I feel the same buzz with SSWH and CMKX. If the right news comes out, the buzz is on, and will make us all very happy. I pray it happens SOON for all of us and our families.
Be well, Bo
I want us all to, very much.
Today is nice, but SSWH & CMKX at 1 penny would make me happy well beyond this for what we all will share.
Today was just a fraction of what I hope for us all with SSWH and CMKX.
Bo
Tks Sir Mach. Hyper-freaking-ventilating here.
With the lumps we take through the year, the good ones do happen and taste sweet.
I can feel SSWH is close for us. Your updates say it's so.
Now if you'll excuse me, I have to dance around the house again.
: )
.82 I put by buy in for .83 and came on to post the
news before knowing I got filled. Got very fortunate on the fill. The only play that rivals this one for me this year was WNMI.
I have a good radar, it's just my timing needs work..lol
But every so often the 2 come together. : )
Maybe those who read charts better than I do can confirm or deny what I'm seeing in the charts...
In the 2-3 hard runs UGHO had earlier this year came with a strong move, followed by a strong gap up and run the very next day. Is this what you TA guys are seeing?
Holding tight for Monday.
Be well Tim, Bo
1.52 and running -- Hello Monday : ))
UGHO..flying at 1.34. Weekend buzz with this one
may bring nice gap up Monday morning and beyond.
Charts of past strong moves this year indicate continued strength.
With this news, it's hard to tell how high this may run.
Be well,
Bo : )
Richie, I believe the depth figures for the
June results were known or published, I just wasn't able to put my hands on them last night.
Today I've been a bit busy with paperwork, and smiling all day every time I peek in at UGHO. : )
UGHO - 1.08 and running hard.
UGHO - their edge over TASR is stunning.
(sorry, couldn't resist the pun).
But look at Universal Guardian.....
Only 35 Million O/S.
Lesser news a few months back caused this to run to $2.27.
Current pps = .83, up .16 today
Hugh news yesterday after the bell. They're ready to take on Taser and become the leading provider of Non-Lethal Weapons.
Cross-selling to governments, law enforcement
agencies, and consumers.
The advantages over Taser is significant, and they have roughly the same O/S.
Universal Guardian to Launch Revolutionary Cobra StunLight(R) Non-Lethal Products at Worldwide Managers Meeting
Thursday September 16, 5:25 pm ET
Executives and Regional Directors From Around the World Meet to Initiate Non-Lethal Products Distribution and New Contract Opportunities
NEWPORT BEACH, Calif., Sept. 16 /PRNewswire-FirstCall/ -- Universal Guardian Holdings, Inc. (OTC Bulletin Board: UGHO - News), a full service provider of security products and services to protect against terrorist, criminal and security threats to governments and businesses worldwide, announced today it will be launching its non-lethal Shield Defense Cobra StunLight® Non-Lethal Products at its worldwide senior management conference in Zurich, Switzerland from September 24th to September 27th.
(Photo: http://www.newscom.com/cgi-bin/prnh/20040916/LATH089 )
The introduction will feature live action demonstrations of the product's features and capabilities. "We are excited to have completed the development of our products and have reached the stage where we can begin to demonstrate to the world what a leading edge non-lethal product can do," said Universal Guardian's CEO Michael Skellern.
"The Cobra StunLight® is the ideal non-lethal product for everyday use by civilian, law enforcement and military in these countries. I believe that the Cobra StunLight®, which is now available for sale, is a much safer and more versatile non-lethal device than other products such as the single shot Taser. All of our products can be fired multiple times without reloading," stated Dennis Cole, President of Shield Defense. "The effectiveness and cost advantages of our products over those currently in existence products offer significantly greater worldwide market appeal, in what could potentially be a multi-billion dollar worldwide non-lethal weapons market," stated Mr. Kurt Schaerer, Managing Director of Shield Defense International.
SecureRisks' Managing Directors, Regional Directors and Country Managers from the North America and South America, Europe, Middle East, Asia and Africa, as well as senior managers from Universal Guardian subsidiaries from around the world will coordinate operational and cross-marketing strategies designed to penetrate government, military, law enforcement and commercial markets on every continent. SecureRisks Managing Directors and Regional Directors will leverage existing security projects and contacts at senior levels of government and law enforcement to develop distribution channels in the countries in which they operate.
"Our corporate culture and customer base creates an unlimited opportunity to cross-sell all Universal Guardian security products, services and systems," stated Universal's Michael Skellern, Universal's CEO. "Our managers are also established senior intelligence and special operations executives who understand their respective markets and can effectively promote the sale of our products and services," continued stated Michael Stannard, SecureRisks' Managing Director and COO.
About Shield Defense International
Shield Defense International (SDI), a wholly-owned subsidiary of Universal Guardian Holdings, Inc., designs and produces non-lethal weapons and projectiles that are designed for use in environments where mobility, accuracy, and dependability are paramount, and meet existing consumer, homeland security, military and law enforcement use-of-force requirements. Shield Defense non-lethal weapons will provide law enforcement and military commanders with a variety of offensive and defensive options to address appropriate threat conditions in today's growing global security and terrorist environment. www.ShieldDefense.com
About SecureRisks Limited
SecureRisks, a wholly owned subsidiary of Universal Guardian Holdings, Inc., is a London based, global counterterrorism, security, training and business risk solutions group providing practical risk solutions, tactical security and critical infrastructure protection in today's most challenging environments from regional hubs located in London, Los Angeles (Newport Beach) Dubai, Cyprus, Kabul, Cape Town, Cape Town, Jakarta, Hong Kong, with offices opening in Washington, D.C., and Paris, France in the coming months. www.SecureRisks.com
About Universal Guardian Holdings, Inc.
Universal Guardian Holdings, Inc. (UGHO) and its subsidiary companies provide a comprehensive range of security products, systems and services designed to protect against terrorist and security threats to corporate and government assets. From strategic and tactical security services, business risk solutions, interoperable security systems, to non-lethal defense products, UGHO companies cover a broad spectrum of security applications for government and industry from operations on every continent. www.universalguardian.com
Richie, close but what I'm after is
the depth levels from the pr'ed results from Carolyn put out in mid June.
Your post does help to refresh all who read it, that drillings went well below 235m.
Thanks, Bo : )
Point taken drdre, if you would also agree that if
results from levels below 235 m are equal to or better than 235m SE, that there is a higher probability of successful mining at those deeper levels.
And also agree, neither you nor I are experts, and it's best to let them make conclusions on future activity.
And again, you have graffiti'ed the dollar amount/ct ($150/ct) all day on this board and on proboards, alleging this as the amount needed for a feasible operation. No one has asked you to provide industry profile links to your comments. I work hard enough to DD and refernce my points with links and investigated info within my own posts.
I would only be prepared to further debate the comments you make if you provide link with full comment on these issues.
It's your assertion. Show the DD to back it up and we'll go from there.
Be well...and thanks. : ) Bo
I would simply ask you to provide links
to your post on this one drde. One link from the company with his FULL statement on the matter, and one a recent link from the industry regarding the FALC area. It has been sourced in the past that the cost for production in this region are less than the northern territories.
Respectfully, if your going to reference a company's CEO comments and industry profiles, links providing full comment on either subject should be provided if any credibility is to be given to your comments.
And yes...I greatly question your motive, but as long as we keep it clean, I like the debate. : ) It's what spurred me to find Shore Gold's 235 SE results.
Bo
drdre...good information and much of what I found.
In my post I clearly referenced the 100m - 200m levels as being borderline, and am in full agreement with you there.
However I doubt either of our credentials could classify as experts to make any final conclusions on geological mining phenomenon. It's borderline based on what we know, but to draw conclusions with no expert qualifications...well let's just say it's best to leave it with the experts.
It was 235m SE that caught my attention.
I'll repeat from my previous post on the subject, the contrast in results at the 235m SE level is remarkable compared to the more shallow levels that I researched, which you pointed out.
Those positive results at deeper levels are what they are.
Shore Gold's comments are very encouraging about these most recent finds, and they are justified for them. It has been a lot of hard, deeply researched work that is no small task. Results similar or better than those at 235 SE at deeper levels will prove their current beliefs. Results to the contrary won't. However they are on a better track the deeper they go.
Be well, Bo
Thank you Gump. I was aware of the difference
in test drilling and bulk mining. Obviously my 5000 posts speaking on that subject aren't coming through clear. Maybe placing a full page ad will do it...lol
But thank you on informing of some more specifics of it. It's great information and a good reference post.
Be well my friend, Bo : )
Some encouraging DD and a request...
The DD concerns Shore Gold. Implications of what I have dissected from my research this evening DIRECTLY relate to a question regarding CMKX, and someone can help me with information.
Let's all come to common groud logic, that in diamond exploration, certain areas of the same pipe will be more concentrated with diamonds than others. Common sense would then dictate focused attention be given to those with greater promise. BHP did this. Not every depth level or compass region at a given depth area showed promise, where other depth levels and compass region at a given depth level did show promise. Again, common sense dictated it is certain regions at varied depth levels where mining would occur.
Tonight I reviewed Shore Golds Bulk Mining reports and what is becoming increasingly clear over the last 2 months is very encouraging for them...and for us.
Shore Gold's bulk sampling has been sampling levels between 100m and 200m, and I agree with drdre, the cpht is borderline as to whether this depth level is worth mining. However, as has been long published, the deeper you go into kimberlite, the higher the concentration of diamonds is more likely to be seen.
Well folks, here is the results from 235 meters in the SE Drive Region. I find the 235 SE Drive results beginning from 7-29 through today's pr.
235 SE Drive Region
Batch # ........ CPHT
12 ............. 15.98
13 ............. 19.59
14 ............. 30.70
15A ............ 15.10
15B ............ 26.70
16A ............ 25.15
17 ............. 15.82
18 ............. 9.19
19 ............. 14.60
20 ............. 21.35
22 ............. 18.63
23 ............. 18.39
24 ............. 29.91
25 ............. 30.49
______________________
Ave cpht 20.828
Certainly encouraging for Shore Gold in the SE region 235 meters. Other regions at the 235m level weren't as good, but obviously this SE region will likely be considered in any mining decisions. As they go deeper this will only get more interesting. Shore Gold has indicated their expectations are to find higher concentrations the deeper they go, which is consistant with the nature of this type of mining.
Now for the answer which I need some help...
Ok, if Shore Gold's efforts have resulted in proof that bulk drilling becomes very promising at 235m, does anyone know how deep the sample result was for CMKX? I couldn't find it in UCAD's news on A-trade. I couldn't call up their sight for some reason, so anyone with the depth range on this can chime in. My memory bank is telling me between 185-215m, but would rather the number be accurate.
My point is this. The results CMKX reported were at shallow depth levels in comparison to how deep we drilled at Carolyn.
Shore Gold is our neighbor. They have shown that the levels b/w 100m and 200m are fair at best for cpht levels. However at 235m things begin to get interesting. What samples do we have at levels of 235m to 800m deep from Carolyn, and are they yet to be reported? If 235m is showing promise, Shore Gold is optimistic in their statements that deeper testing should be even better.
Some today are almost boastful in stating that Shore Gold's cpht is 11-12 cpht. As we can see at a depth beginning at 235m, the results are far better.
In closing, keep the common sense pills close at hand and simply understand that a company will target areas and depths that show promise. If levels deeper than 235m show even more promise than 235 SE, they will act accordingly and target those levels and regions.
All of this makes me wonder about the results from Carolyn that have been removed months ago, but just recently tested. Could those be sample at deeper levels from 235m to 800m? Obviously it's a question CMKX can and should answer. These results from these samples and the current drilling effort will be interesting indeed, and cannot come soon enough.
I said I wasn't going to post about Shore Gold, but what I saw I thought was important given today's discussion and how it can relate to CMKX.
Be well, Bo
drde, we agree more than disagree in your post #12998.
Both points of agreement and disagreement are very important topics.
Our point of agreement is regarding what to expect at this stage of exploration. I thought I was going to remain the lone voice, standing with the megaphone on the porch roof cautioning not to expect our test drilling to be similar in nature to what Debeers and Shore Gold are pulling out of the ground. I still see "motherload" posts and "diamonds as big as golf ball posts" and people clamouring to posts of that nature. I could care less who gets credit for who posts information. I just want to offer information and perspective, and read posts from others that give us facts to make decisions and help each other. What I offer and look for in other posts is information that is correct and on point. As for my posts regarding what to expect from these results, I cared not that I was the lone wolf. Yours is the first post I have seen that mirrors my past posts and view on what is to occur.
Most important, it is correct.
Where we disagree is on the effect positive results will have on CMKX's pps. Respectfully drde, positive news will have a positive effect on CMKX's pps. Shore Gold's pps moved higher on good news this week. SGGM's and UCAD's share price have moved higher and sustained their levels since their involvement with CMKX. We saw it in June with CMKX's share price. We can agree to disagree here, but logic and market emotion will drive the price of CMKX to levels mutiples higher than today's close.
I've discussed before the contradictions in the market and how it prices some stocks. I could list example after example, but let's only look at TASR's share price from the big board.
Understand TASR just went through a forward split about 3 months ago. Look at how strong their pps has moved. Now look at their current financials. Not too impressive to support such strong movement in their pps this year. Emotion, promotion on the 6:30 news, and what is projected as future value and income are all factors of what we are seeing.
QBID is an example closely related as it is a pinksheet stock.
People putting just 10,000 in QBID at the beginning of Feb became millionaires in 2 months. Many made 10's or hundred's of thousands of dollars from it as well. When it move like it did in April, not $1 had been earned (still the case) and they weren't on the air at the time.
Yes, our share structure may be large, but so is the potential value of our claims. A move to .01 or even .02 can happen based on emotion, promotion, new money and momentum which can run a stock hard. We have seen example after example in companies with far less promise and potential value than CMKX make very impressive moves.
The final point we can agree to disagree on is the Debeers and Shore Gold claims. It's only indirectly related to CMKX so I'd rather not debate this point beyond here. You only have to ask yourself 2 questions here. 1) Have Debeers or Shore Gold folded up shop and left the region? The answer is of course no. 2) Has either company pleged additional millions to further develop the FALC region? Yes is the answer. Your conclusion that Shore Gold's mine may well not be minable is a stretch in my opinion. Again, you are free to conclude as you wish, but anyone with a logical mind can read the last 1 1/2 years of pr's from Shore Gold and draw their own conclusion. I see all indications that they are meeting their goals and seem eager to proceed from here.
I appreciate what you say, but market forces, including emotion, money from the sidelines and momentum will move CMKX's pps on positive news. We only have to look back 3 months for evidence of this.
Be well, Bo
I agree Drill, and I'm resting my case on that
subject. The point was started and debated by others.
I just wanted to add what I hope was clarity to the issue.
Back to the real popcorn. : )
Bo
sry Drill, refer to post 13002.
drde, if we are to agree with your post,
can't we also say to GM, it's not about the cars. Or maybe to Microsoft it's not about software. Or to MOBL it's not about broadband, etc.
Of course it's about the diamonds with CMKX (is it a full moon or something?? lol)
Our recent past shows stock price movement of 1200% percent based on diamond recovery news. Based on all else that is discussed and transpired, nothing else affects the pps. Thus, value issues will move the pps when such diamond recovery news is known.
You are inferring that most people are assuming a share price of equivalent of those companies you mention. Of course that will not happen. You mention these companies and their O/S numbers, and Shore Gold and it's O/S number. But drde, the share prices between CMKX and Shore Gold reflect this difference. Given their price of around $2.50/share, that is 2 million five hundred thousand percent higher than CMKX's .0001 level. Your post is comparing apples and oranges with regard to an investor's goals in looking at CMKX vs any company you mention.
I haven't read where many CMKX investors believe .75, $1.00 or $2.50 the share price is our goal. At 1 cent per share, many people would very happy. CMKX is up 300% to 400% from 4 months ago. I doubt any companies you mention have recorded such gains.
Further, I don't know what Canadian mining companies you are mentioning, but I doubt any have the interest, share volume and promotion compared to CMKX.
Last, the 3 mining companies you refer to don't have over 100 anomalies in 1.4 million acres. I didn't see any mention of these companies having a drilling site in direct relation to both Debeers #122 site and Shore Gold's Star Kimberlite site.
Each company publically traded has it's own history and trading life in the market. This case is no exception.
A positive result makes the 100's of other anomalies of greater value to any interested venture capital or other mining companies wanting to buy them.
Be well, Bo
I didn't misread your post, I quoted from it!
Also, in reading this post from you...http://www.investorshub.com/boards/read_msg.asp?message_id=4046879...the inference is that you think Zen's point is wrong and further, you were dimissing or discounting naked short selling as even plausible in the case of CMKX's recent trading history.
My response was not only on point to what you were inferring, but referenced with DD to back it up.
I'll state it for the third time. MM's can trade to 5 places behind the decimal. One of my purchases of CMKX (a small one) went through at .00031.
Again, when the ask was at .0001 and there was no listed bid, trades were still reported by more than a few as going through below the .0001 level. Because no one could sell at .0001 at the time, naked short selling could exist at that level. I don't care if you call it cellar boxing, the cellar winery, the flooded cellar, or midget boxing. If an MM short sold CMKX at .0001, and needed shares to cover his short position, he would simply signal that he needs shares. Another MM would create naked short shares to sell him below .0001, so that the original MM makes his profit. Those newly shorted shares can remain outstanding indefinitely. Once the MM who covered can take a short position himself when the time is right to recoup a profit as needed.
You can chose not to believe it. That's fine and truly your choice. This whole topic is merely a point of discussion. It's all about diamond recovery at this point. I've done my best to bring my arguments, proof and examples to the table to help clarify the point for all.
Be well, Bo
Billy, good post. Everyone has something to offer.
I'm still learning everyday. Any question or thought is good if answers and clarifications are the result.
If what has been offered to LMRI T/A helps him see the naked short issue is real to the industry, possible at .0001 levels and possible in CMKX's trading history, then that's a good thing. If he comes back with attacks or further ignores the points mentioned to him, then I question his motives and I will leave it up to Mach whether he is allowed to stay or be banned based on the ground rules of this board.
As for your comments on the party, I agree with you, Zen and all others. Only if the pps moves strongly based on positive results would I consider Vegas.
The Kia, the card, the shirts, the hats, the hot dogs, the funny car, the promises are all nice, but we invested in CMKX for diamond exploration. Good news has been promised by certain times and dates, and setting the end of October date for the party, with UC saying to more than a few that we will all have a reason to celebrate, only dangles yet another carrot.
Show me the diamonds. Show me news that we can go to the bulk mining stage, and let the pps mirror a run equal to or better than what QBID experienced. Then, I'll be in Vegas with bells on.
Bo
LMRI T/A You answered your own question and
contradicted yourself in the same paragraph...
Quoting from your last post:
"Now do you understand what he/she is talking about here? If you do, help me out because I can't. I can't understand what "infinite spread" he/she's talking about. When the offer is sitting at .0001, the bid's not ACTUALLY at .0000. Nobody puts in an actual bid of .0000. The actual bid, instead, is also at .0001. So what kind of "infinite spread" is he/she talking about?? It sounded like he/she's trying to say that a MM can sell his offer from a buyer at .0001 and turns around and buys from a seller at .00001 or .00003 or .00005 etc etc. You know very well that does not happen. Again I know of one person who sold at market order at .00008. Besides him, I know no other."
In fact your contradiction occurs one sentence after the other.
Your next to last sentence, and the one before it, do just that.
As you stated yourself, and from what I offered in my post yesterday, MM's CAN and DO trade 5 numbers behind the decimal.
Also, naked shorting exists in a legal form on a temporary basis in order to close trades and books at the end of the day.
The ABUSE of naked short selling is also real. You're inferring that "naked short selling" is mythical. I have no clue how you can think this in light of the Hanover Brokerage prosecution in the late 90's or Atty Quinn's current suit, which is still in the beginning stages of trial.
If you don't believe me, then read it from Forbes.com and the San Antonio business journal.
From the San Antonio Business Journal in a 2-2-04 article by Michael W. Thomas:
"In certain cases involving legitimate market makers, naked short selling is a legal practice. However, Ward claims more and more small companies are being victimized by illegal naked-shorting schemes carried out by unscrupulous players."
From Forbes.com in a 10-6-03 article by Rob Wherry:
"The fuss is over naked shorting, a practice that's been around for decades and that is sometimes legal. Normal short-selling involves borrowing real certificates for stock, selling the stock, buying new shares at a later date, and using the new certificates to replace the ones borrowed. Naked short-selling differs in that no real certificates change hands. Instead, the short-seller creates a paper entry showing that it owes shares to the stock buyer and will get around to delivering them later.
Naked short-selling is legal if done by a marketmaker in a temporary arrangement; it's normal for a marketmaker to be net short for a day or two and then close out the position by buying real shares later. Naked shorting can be illegal if done with the conscious intention of leaving the short position as a paper entry indefinitely."
_______________________________________________________________
It's still all about the diamonds, but I just wanted to help clarify erroneous comments from your posts on this subject.
Be well, Bo
LMRI T/A, in the case with CMKX, any MM's
trying to control trading are doing so with the goal of consistant huge percentage profits in mind. At these current levels, the difference between shorting at .0004, and buying back (covering) at .0003 is 25% at every turn. Shorting at .0003, and covering at .0002 is 33% a clip. A nice days work day in an day out for those profiting by such control.
Pardon any disruption to the discussion you are having with Zen, but the issue many were having at the .0001 levels, were indeed those of cellar boxing. You have to remember a point that is valid for both the current pricing levels AND during the times when CMKX was at .0001 Ask with no Bid.
MM's can trade at levels to the fifth decimal. Also, just because there was no bid does not mean the bid was zero. Transactions were being put through at below .0001 levels, which was very likely trading among MM's with any shorted shares. The public could only buy at .0001, so during that time a nice profit for the MM's could be had, especially if naked shorted shares were involved. Other MM's could sell the orginal MM naked shorted shares at a discount. That's why there is such a concern amongst attorneys, including Atty Glenn.
Be well, Bo
big108, great post. In projecting a conservative
valuation, my hope was that many saw how greatly we will be rewarded from positive results in diamond recovery. From what you offered in your examples, it is fair to say that a successful find will value our finds and remaining claims much higher than $10 billion.
Your insight and DD is great stuff, and further inspires my interest in the Oreo drilling results. I understand where you are coming from in showing examples of mining companies trading a discount to their intrinsic value. However, my bet would be that neither company combined through their history had or has as much publicity and interest as CMKX. Because of this I believe the market reaction will be more in tune with it's intrinsic value or at a very high percentage of it.
I get a good share of pm's which I appreciate very much. About 1 month ago, one in particular came from an exec in the industry (not related to CMKX nor our neighbors in FALC). Bottom line, he strongly believed in what CMKX was doing. Your post reminded me of it, so thank you for shedding new light to the matter that concurs much of what is believed to be occurring.
Bo
I knew you were just funnin'. Have a good day all!
Ewww Srvn, now your pushing it. lol
Srvn, needed that...lol. God bless your saftey and service. We're proud of what you do.
Thank you, Bo
Mach, if 5 guys are now millionares from playing
poker for a few days (World Series of Poker), anything is possible!
One thing is for sure. We've eaten a heck of a lot more popcorn than they have. : )
Have a good one,
Bo
donilo, what you posted is important, here's why...
I'm quoting from that person's post, "Vicki Curran told me yesterday 9/13/04 only 16,951,526 sggm shares of O/S existed."
16,951,526 OS / .50 (SGGM's pps) = $8,475,763 MV
So the maket is valuing SGGM at ~8.5 million dollars currently.
Let's translate this then to what the market is currently valuing CMKX.
$8,500,000 / 5% (SGGM's stake in CMKX) = $170,000,000
__________________________________
With a CMKX O/S at
17 billion = .01 pps
170 billion = .001 pps
250 billion = .00068 pps
340 billion = .0005 pps
500 billion = .00034 pps
800 billion = .00021 pps
__________________________________
So maybe CMKX is being naked shorted, or maybe it isn't. The prices seem if not in line, very close to being in line with where we are seeing according to how the market is pricing SGGM.
However, why what you posted was so important is this. In my last post I used a conservative, but realistic figure of $10 billion for valuation of CMKX if we see great results soon. Given the time value of money based on net income from these claims, it's fair to state we'd be appraised at this amount at the very least. So in light of this, let's look at the pps picture now.
With a CMKX O/S at:
50 billion = .20 pps
100 billion = .10 pps
250 billion = .04 pps
500 billion = .02 pps
800 billion = .0125 pps
_______________________________________
From Mach's report from Seattle, and seeing all that has transpired which HAS NOT moved the share price one bit, I'm convinced more than ever based on the re-post you brought to the board, that positive results from Oreo or Carolyn will prove once again that diamonds are indeed forever. : )
Bo
Good Wednesday all and GLTY donilo. The
VERY positive lesson we can learn from recent history is that stocks with far less potential than CMKX do rise to incredible levels with percentage gains in the thousands, and sometimes 10's of thousands.
IBZT from .0030 to .08 with sustained levels for a while in the .06's, and not 1 VKB was ever sold.
QBID from .0001 to .029, with sustained levels from .014-.0175 for a while. Today's levels are still at ~5000% above early February. Quite a few people are retired because of a company that has yet to earn $1 from it's programming, and exhibited the same promises 2 or 3 times in the recent past to no avail.
GXXL rose steady over a period of 2-3 days from .0033 to .017-.018 on news that was ok, but nothing to write home about.
WNMI, from .0035 to .055 simply on Paris Hilton news. I was fortunate enough to catch it at .006 and .015 during the run up and did very well, but some were able to ride it from .003's and .004's. To date there has been no indication or revenues from this, and all that followed was dilution. However the news at the time did warrant the pps move.
GZFX, from sub-penny in late fall of last year, to highs of .017-.018, a 15,000% - 18,000% rise, again making many set or secure for quite a while. The price stayed low and doubts lingered until it was verified in February that a working site was indeed up and running. In turn, so was their pps.
So...ANYTHING is possible here depending upon how the market views this. I am buoyed by the fact that the pps of UCAD, GEMM and SGGM are sustained or rising nicely since hooking up with CMKX.
Positive results and a lower than expected O/S WILL result in all of us being very happy people, as we are in at the lowest levels.
A value on our claims of just $10 billion would reflect at least a price of .02 based on an O/S that is as high as 500 billion shares. If positive results are forthcoming, the $10 billion is conservative in terms of valuation. Obviously anything less than 500 billion shares will only add nicely to our gains.
It's all right there and it can well happen SOON! Any concern I show is honest in hoping the company doesn't drop the ball before the real game has a chance to start. The red flags are there and I have to point those out because such great promise exists that would change my life and the life of many good people I see that are invested in this company. We've invested our money based on what the company has told us.
Without clarification on some points from the company, I simply point things out so this train stays on the rails so like the other stocks I mentioned, CMKX is able to leave the station in a hurry! If we're off the tracks now, the train simply can't move like we want it to, if at all. We'll know soon. : )
Have a good hump day all, Bo
Hi donilo, good post as was the
one you wrote this afternoon. Well stated, and we agree more than we don't on the subject.
The times I have called CMKX's number (7), I didn't feel it board-worthy to make my posts an activity log of messages left for Melvin. E-mails to CMKX have gone unanswered from many, including myself. In the 3-5 sent (not sure on exact # - I don't save any e-mail I send unless it's for my business) none were answered. Again, a non-event and would have posted any response from CMKX/Melvin if received. Urban is unreachable to other than a select few.
I lost money in IBZT. Some probably lost more than I did. The red flags began to show themselves at a time of crossroads earlier this year, and pumpers and bashers had at it.
IBZT taught me a lesson I am applying here. The caution in my posts is for the hope that people are only invested what they can afford to lose or, remain holding long with CMKX. We're drilling 2.5 inch bore holes. Echoing what I've said often, we aren't going to get "motherload pr's" from test drilling. All I'm saying is the clearest fact of all is that over the past 2 years of pr's, message board communications, phone calls with shareholders, internet radio interviews, paltalk and in person contact at the races, there are more questions than answers about many aspects of CMKX/UCAD/GEMM/ECPN/SGGM.
A good result from the Oreo pipe is what I'm hoping for. With it and a better than expected O/S, a run to .05 can happen.
Without a good result and a higher than expected O/S, many who have invested at higher levels than .0003/.0004, will be waiting much longer just to break even.
I will not be adding any more CMKX at these or .0002/.0003 levels. So many, including myself, tell all who care to read the posts, about the good times when they are rolling and the possibilities that go with it.
Very simply, some red flags have caught my attention, and no different than before, I'm calling it like I see it. Working for one mid sized company, one large company, and now owning a small business of my own, a company's fiduciary and ethical duties are just that: Duties. Their's is a duty to their employees, customers, debtors and shareholders under a code of ethics and the law. It should never be the duty of any of these mentioned to pull answers from any company which have remained unanswered for 2 years.
However, even in trying to do so, no e-mail response or no return calls have been the norm rather than the exception here.
Some are saying watch 9-24 and 10-1 regarding the dividends. I've already given my opinion about dividend valuation in a previous post, so indeed we'll see how it plays out.
I'm watching the stuffing in the center of our Oreo myself.
If well-stuffed, hopefully our share structure will be reasonable to throw us into a run similar to QBID, or higher. Results encouraging enough for them to proceed with bulk drilling would do just that.
Pass the milk, and who's on popcorn duty tonight? : )
Nite all,
Bo
Hi Zen, agree here that Goldak surveys are
critical to value. I believe linked with the TDEM analysis, it paints a picture of opportunity.
Atty Glenn is the right man to see any deals through, but his affiliation with BREK shows that even though he is credible, he has no control of those around them and their intentions. I'm glad he's on with CMKX, but like many I invested in CMKX long before I knew who Atty Glenn was. I added to my position after the Goldak news of June 24th, and took a free share position 3 weeks ago yesterday upon learning of 800 billion shares A/S filing. It was by chance a shareholder found this information out. We are 4 weeks past this filing date with still no public word or comment from the company. Thus it is not clear if their intention was ever to tell us of this increase.
I took Urban's advice last week and read the pr's, taking notes of promises and actualized events.
Well...from that, all I am saying is, what has been told to respected shareholders to their face, on the phone and in pr's isn't reflective of the reality of events of the company. The silent increase to 800 billion A/S is just a recent example of an action begging more questions than answers.
My notes are detailed from just the pr "unexplainables". That is not to mention personal comments from UC, Melvin and Ron either in person, on internet radio, on paltalk, on message boards, on the phone or in pr's. If I didn't have to take my daughter to french horn lessons, followed by my son to football, I would mention just 2 or 3, rather than the full laundry list.
I only even felt bold enough to venture in penny stocks with the birth of IBZT. Anyone around from Dec 30, 2003 through March of 2004 knows the frenzy surrounding that stock. It got amazing publicity (CNBC, Boston Globe, TechTV award nominee, Interntional Tech Show recognition, etc)... A reporting company with a seeingly bright furture. Turns out, the frenzy the stock created got them in over their head and their existence took on the form of trying to bow out gracefully with no regard to the shareholder. IBZT is the fuel driving my current concern here and what I'm seeing. If the Goldak survey is 100% valid, they've truly got something here if they don't dilute it with a mammouth share structure.
I see the good. Honest. After IBZT, I would like to hold CMKX's feet to the fire to ensure what they say and promise does occur this time.
Be well, Bo (sorry for any typos..gtg lol)
Kim said it very well...
"...we MUST be honest with our thoughts and not appear blind. I hope this board can be an open discussion board with real dialoge."
Here here Kim! For those who say "just sell", my translation to that is, "don't rock the boat, just bend over and grab your ankles like me."
I like to be positive and have written posts resembling mini-novels at times, but it has always been based on what is real.
Those that like to look at things realistically are also honest with themselves and the situation as it presents itself.
CMKX is a non-reporting company, but that does not lessen the fiduciary duties as a public company. Too many people say, "they are a non-reporting company, what do you expect?"
-Honesty
-Integrity
-Consistancy
-True to their pr's
-Using our money for business purpose, not personal gain.
The list can go on.
A non-reporting publically traded company still must uphold laws and public policy. Being non-reporting doesn't mean they are allow to do as they please. The same people that tout CMKX blindly and believe this is the most legitimate business ever to exist, are the same ones who say "it's a non-reporting company, what do you expect?" whenever someone offers fair questions or concerns. So which is it?
CMKX has a lot of promise, but like Hansel and Gretle their trail of unanswered questions over the last 2 years looms ever larger. As shareholders, asking for answers and clarification isn't wrong to do. In fact, over the past few days I've started to see shareholders address the same concerns.
Make no mistake, bashing one liners or baseless comments are a joke. That's not what I'm talking about. Mach and his administrators do a good job to eliminate any of this.
Shareholders who want to hold the company to it's word isn't a bad thing. In fact, it is good. It asks them simply to do their job and be honest with shareholders who placed their trust and money in CMKX.
Be well, Bo
Mach, I show 1.557, then 1.157, then 1.357, then 1.5296, then 1.311 upon every refresh, plus filling today hasn't been a picnic.
Thanks for the update. : )
I'm just waiting to see with this one. When A-trade gets screwed up, it does affect how the day movers run or don't run. If others with A-trade are having the same problems, it may be one to hold beyond the day. Their 2nd quarter revenue for 2004 is 300% greater than their first quarter, and this quarter they seem to be expanding their business even more.
I don't have much at stake here, so I'm planning to ride it for a bit to see how this develops.
Bo