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Hoping for clusterbombs next week. Then again they could continue with the sling shots.
This is my opinion only.
THERE WILL BE A TOMORROW
Hope it is a good one
Happy holidays Zen. I give you credit for giving us your educated point of view. Some posters that are here today don't realize how much time and effort you put in to this stock and shared your dd with the rest of us. I don't agree with you or disagree with you, it is just your opinion. I don't believe you ever lost faith in this stock, just got frustrated like the rest of us and decided not worth the head ache. IMO there is no such thing as play money even if it is $300 it is still money and if I didn't beleive in this stock I would sell my $4000 investment and move on I think you would too.
Hope we get more news of substance and a filing. Good luck.
My opinion on the pr. It's to help the shorts cover without this thing ending up in the courts. IMO we probably have somwhere between 400 to 600 billion naked short shares out there and a real issued shares of approx 40 to 100 billion. That means the shorts have to cover around 500 billion shares. At one cent that would be 5 billion dollars and if it goes beyond that it would break them. When cmkx increased the authorized shares by 300 billion and now this 75 billion, thats 375 billion shares that cmkx could sell to the mm's for .0002 75 million for cmkx - sweet.
Can someone tell me what this usca pr means? This was a second pr I found on my fidelity account tonight.
News Story
Form 144: Filing to Sell 800 Shares of U S CDN MINERALS INC (USCA)
6:48 p.m. 12/16/2004 Provided by
Dec 16, 2004 (Vickers Stock Research via COMTEX) -- Document Processing Date: December 15, 2004
Filer: MUNDER, C. A. & JAMES A. Relation:
Stock Name: U S CDN MINERALS INC Stock CUSIP: 903328201
Stock Symbol: USCA Exchange: OTC
Transaction date: October 30, 2004 Shares for sale: 800 Value held: $12120
Broker: BASIC INVESTORS INC
Copyright (c) 2004, Vickers Stock Research Corporation. All rights reserved.
I found this on my fidelity account as a press release on usca today. Can someon explain what this means.
News Story
Form 144: Filing to Sell 800 Shares of U S CDN MINERALS INC (USCA)
6:48 p.m. 12/16/2004 Provided by
Dec 16, 2004 (Vickers Stock Research via COMTEX) -- Document Processing Date: December 15, 2004
Filer: MUNDER, C. A. & JAMES A. Relation:
Stock Name: U S CDN MINERALS INC Stock CUSIP: 903328201
Stock Symbol: USCA Exchange: OTC
Transaction date: October 30, 2004 Shares for sale: 800 Value held: $12120
Broker: BASIC INVESTORS INC
Copyright (c) 2004, Vickers Stock Research Corporation. All rights reserved.
El Capitan pr. I don't know if this has been posted yet today. At least one of our jv partners is releasing pr's. Maybe we will start to see some cmkx pr's soon.
El Capitan Precious Metals Signs Joint Venture Agreement With MG East, LLC
PHOENIX, AZ, Dec. 13, 2004 (MARKET WIRE via COMTEX) -- El Capitan Precious Metals, Inc. (ECPN) announced today that it has entered into a Definitive Joint Venture Agreement with MG East, LLC on a 50-50 basis to install a portable screening and crushing plant on the Company's Rainbow Valley Mine site in Arizona. The project will produce iron and its by-product, sand and gravel.
MG East and its related companies are privately held with more than 30 years experience in project management, mining and material processing, the manufacture and sale of related products (sand and gravel asphalt, concrete, etc.) engineering, and highway and building construction. MG East also brings to the joint venture a contract to supply 140,000 tons of crushed stone for a highway project in Arizona, which begins in January 2005. El Capitan will contribute $100,000 in working capital to the joint venture.
Chuck Mottley, El Capitan President and CEO said, "This Joint Venture contract with MG East should enable us to begin cash flowing in January 2005. The highway contract should be completed in 90 days and at which time the equipment will be moved to our Rainbow Valley Mine site. We are hopeful the necessary permitting for the mine will be completed by that time.
"The sand and gravel produced on the Rainbow Valley Mine site will be marketed by MG East to the Arizona and California markets with any profits split 50-50 between the two companies. The iron ore, separated out by magnetic separators, will remain the property of El Capitan. We anticipate the iron ore will be shipped to the Chinese market to be sold on long term contracts or on the spot market. Our drilling and testing should be completed by the end of December 2004. We are presently expecting certain Chinese steel company executives to inspect the Rainbow Valley mine and meet with railroad representatives some time in January 2005. Any shipments of iron ore are subject to execution of sales agreements as well as rail car availability," continued Mr. Mottley.
"Up to this point El Capitan has been an exploration and development company and now that we are entering into production and anticipating positive cash flow, we are very optimistic about the future of El Capitan Precious Metals, Inc," stated Mr. Mottley.
El Capitan Precious Metals, Inc. is a development stage company that owns a 40% interest in the El Capitan mine located near Capitan, New Mexico as well as a joint venture and 20% ownership of 13 mining claims and other assets known as the C.O.D. Property located near Kingman, Arizona. In addition, the Company owns 100% of the Rainbow Valley and Weaver mines near Phoenix Arizona.
The statements included in this press release concerning predictions of economic performance and management's plans and objectives constitute forward-looking statements made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. This press release contains forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially. These risks and uncertainties include, among others, the company's ability to successfully complete contracts for the sale of its iron ore and other products; fluctuations in world market prices for the company's products; competition from iron ore producers worldwide, which producers have greater resources and more established operations than those of the company; the company's ability to arrange transportation from the its mining properties to ocean ports on satisfactory terms; the company's ability to obtain or maintain regulatory approvals; the company's ability to obtain financing for the commencement of mining activities on satisfactory terms; and other risks and uncertainties described in the company's filings from time to time with the Securities and Exchange Commission. The company disclaims any obligation to update its forward-looking statements.
For Further Information Contact:Chuck MottleyPresident(480) 607-7093
SOURCE: El Capitan Precious Metals
Copyright 2004 Market Wire, All rights reserved.
Ha I don't see any massive sell off in cmkx. Looks like the longs are holding. Yesterday must have been an inside deal. IMO it is going to get real interesting.
Question does anyone know the authorized and outstanding shares of this company?
The reason for no news is simple. First Roger Glenn has put a gag on cmkx and all jv partners until the Sask issue is resolved. Second we all know that he has been working toward bringing cmkx to a fully reporting status and this takes time considering he has to catch up on almost two years of filings. Third is when all this comes together they will have to disclose all results from the core samples that supposedly have been going on now for over 6 months. If those samples reveal nothing earthshattering then the value of the company may be based on comparisons, however if they are earthshattering, then maybe they want to wait till we are trading in a higher exchange before they reveal what they have. IMO it would not make sense to me for the company to reveal really good news as long as they are still trading on the pinks.
As for cmkx and jv partners keeping investors in the dark. IMO they have to at this point and it is in our best interest for them to do so. Since we have not had a pr since 10/27, I would assume that there is a backlog of pr's hopefully good news. I would like to see all this come together in December but if it does not it's because Roger Glenn wants to make sure it is done properly. I will wait.
actx. My fidelity account shows my first dividends from 11/16. They were taken out last week now the same amount is back. The question is when will we receive the second set that were supposed to be due on 11/30. Another poster posted an email from Fidelity saying that it could be delayed weeks because the company decided to deliver actual certificates. I'm a little confused. Does this mean Fidelity has received the certificates for the first divi and are waiting for the certs on the second batch? Further this is my IRA account and I cannot receive certificates as it would be considered a distribution and taxable. Maybe I should email Fidelity.
Goodnight to all longs and Good ridens to all bashers. You will eat crow soon. Hope you are short big time!
Holdnolonger, I think we are in for an interesting week!
In addition to the pay date change, the company has also changed how the shares will be delivered. Instead of a "book entry" distribution of shares, they have elected to send physical stock certificates to us. This is anticipated to delay the posting of the shares to customer accounts several additional weeks beyond the revised pay date. It could be late December or January before the shares have been credited to customer accounts.
D. Roger Glenn has set the final trap, yes the end of the dividend for now. It is obvious that he did this to trap and track the naked shorts. Now is the time when they have to start covering cmkx. All this is only my opinion. It is also my opinion that they are short over one trillion shares. I have been in this over two years and there were many many months where you could tell that the only entity that was selling was the mm's and they were not shares that they owned.
Srvn N iraq, Thanks for you hard work and thanks for the post:
In addition to the pay date change, the company has also changed how the shares will be delivered. Instead of a "book entry" distribution of shares, they have elected to send physical stock certificates to us. This is anticipated to delay the posting of the shares to customer accounts several additional weeks beyond the revised pay date. It could be late December or January before the shares have been credited to customer accounts.
IMO Roger has set the final trap. gemm cannot issue enouth certificates to accomidate the huge number of cmkx shares that have ben NAKED SHORT SOLD. I REPEAT NAKED SHORT SOLD. If anyone does not beleive this exists they will find out soon.
IT'S IN THE MM'S AND HEDGE FUNDS COURT. IT'S TIME FOR THEM TO COVER CMKX. IT WILL COST THEM!
Chisox you say you are better than D. Roger Glenn. That's the funniest thing I have heard all day. Thanks for the laugh.
I got a better idea Mad clown2 why dont't you take your attitude about this stock and your square footage idea and tuck it. Why are you here? I have been here for 2 years and I don't appreciate people like you!
Matt so you are saying that Urban will probably face the same demise with his ill gotten money in the bahamas. I met him I don;t think we are talking about the same person!
Matt your post is a bunch of crap. All the promotion is real. beleive it! We do have something to promote. Why are you here?
tavycal, yeah no hearings scheduled so what's your point. You are not Roger Glenn, it takes the time to do it right. Do you think you are better than him?
You go hto, I'm with you
Goodnight
Yeah just post the negative. What about the positive things this man has done. I'm glad we have him with us.
http://capitalmarkets.rrdonnelley.com/download/refpubs/Corporate_Responsibilities.pdf
Optidoc I tend to agree with you. He is the very reason I am here and still long on this stock. Why would someone try so hard to discredit this company and affiliates unless he or she has a motive. These people are either paid by the mm/'s or hedge funds or they are short on the stock. Either way they will end up being the losers. Hold tight and don't let them phase you. Question is D. Roger Glenn involved with these companies because he needs the money NO, is he involved because he feels these people are crooks, I DON'T THINK SO. Is he involved because the company has no product. I DON'T THINK HE WOULD RISK HIS REPUTATION IF HE KNEW THAT CMKX HAD NOTHING. Going back to what Zen used to say have some popcorn and enjoy the movie. Good luck.
I have never seen any other pink sheet stock that has this much going for it, including Attorney D. Roger Glenn.
http://questfordiamonds.com/
I was going to put you on ignore but I think I will just hear what you have to say for a while until the day you eat crow. The board posters have changed over the two years but their motive has not.
Pantherj, I have been in this stock and watching it very closely for 2 years and if you think there is no nss position you are nuts, go jump in a lake you are all wet
hto, dusty etal, Good food for thought. Looks as though Glenn has set the final trap. Have a great day I'm going to buy some powerball tickets in Arizona.
If the brokerages are going to have to issue stock certificates for approximately 222 million shares of gemm to us shareholders. How is that going to be possible if the nss position is huge. What will happen IMO is this will force the covering of cmkx. Still I don't know what the mm's are going to do to pay the gemm distribution on billions of cmkx nss shares. Will they have to go to the company and get on their knees. I can't wait to see how this unfolds. Great game of chess D. Roger Glenn.
I'm maxed out on my diamond and gold stocks, I just hope we see a roll-up soon. It would be nice to have 7 or 8 companys join forces and go to a higher exchange. Time will tell.
hto, They were involved in other companies:
United Fairways inc, Mountaincrest.com, Xtrememagic.com, Thecomicstore.com, International Travel.net (itvrf)
Plus they are in Nevada. Makes you wonder.
UDVE I wonder what the identity of the publicly traded gold mining company is?
Valuation for United Development International Assets Set at 5 Cents Per Share; 240% Premium over Market Price
LAS VEGAS, Nov 22, 2004 (BUSINESS WIRE) -- United Development International (Pink Sheets:UDVE) has a definitive agreement, valuing the assets of United Development International at 5 cents per share. This valuation is a 240% premium over the current market price of UDVE stock.
This definitive asset valuation agreement is with an existing publicly traded gold mining company. The identity of this company will be confirmed shortly.
United Development International currently has 100 million shares issued and this values the company at $5,000,000.
It is the company's view that this represents a fair value of the company's assets. Independent review as well as shareholder approval of the transaction is required.
____________________
FROM UDVE WEB SITE
MISSION STATEMENT
The Company intends to develop its interests predominantly in the mining of natural minerals and resources. By managing a strategic approach and obtaining a strong market presence within the countries that it operates, including execution of synergistic relationships and alliances with local companies. From this initial base of efforts, the Company shall prosper in both a strategic and cost-effective manner in developing a profitable business model.
CORPORATE INFORMATION
United Development International Corp., ("United"), is an NQB Pink Sheet Company that operates a resource operation in the country of Guyana, and another in Canada. Presently the company has offices, or affiliate offices, in South America and Canada. The corporate and legal office for the company is located in the state of Nevada. Through the relationships that United creates, the Company shall realize shortly, the benefit of becoming a resource producer. Upon achieving results from the properties and contract relationships under management, United shall be evolving to a revenue based operation in the near future.
MANAGEMENT INFORMATION
Rob Doherty
Chris Knudsen
__________
United Development International in the process of aggressively acquiring contracts and business development opportunities. These business opportunities are located in Canada and Guyana at present, and are in the business of gold exploration.
As United is successful in obtaining the appropriate working capital and in turn business opportunities, it is the intention of the Company to graduate itself to a fully reporting basis.
All shareholders and interested parties will have access to required materials, and in turn enable them to make qualified decisions as to the viability of the Company and business opportunities in a timely manner.
Yeah just getting over a cold myself. The gemm thing is weird. Since we are getting the second dividend on the 30th you would think that they would just add the new dividend to the old balance. Why would they take the first one away. I guess we will have an answer next week.
Cure for the cold, vitamin c, vegetables and alchohol.
Jack Daniels, lemon and honey with a celery stick.
Gmorn sub. Up early. Check this out.
My Fidelity account is minus 5333 shares of gemm today. Look at what it says on my history about gemm and usca. I still have my usca dividends 1254 post split.
11/16/2004 DISTRIBUTION
48131Q996 JUINA MINING CORP NEW RESTRICTED
Cash Shares: -5,333.000
11/16/2004 DISTRIBUTION
48131Q996 JUINA MINING CORP NEW RESTRICTED
Cash Shares: +5,333.000
10/29/2004 MERGER MER FROM 903328995
903328912 U S CANADIAN MINERALS INC RESTRICTED NEW
Cash Shares: +1,254.000
10/29/2004 MERGER MER PAYOUT
903328995 U S CANADIAN MINERALS INC RESTRICTED 3 F
Cash Shares: -418.000
10/29/2004 DIVIDEND RECEIVED
Could it be that they have to take out the 5333 shares of gemm before they add the second half of the dividend on the 29th or 30th? It will be interesting to see what happens. Also what does MERGER MER mean?
Just speculation but could UDVE have a possible relationship with gemm, cmkx and ucad. Look at some recent pr's. Makes you wonder.
udve
United Development International Continues Expansion of Business Plan; Exploration to Begin on Canadian Primary Gold Property
LAS VEGAS, Sep 9, 2004 (BUSINESS WIRE) -- United Development International (Pink Sheets:UDVE) announced plans to initiate an exploration program for its La Ronge Gold Belt primary property in Northern Saskatchewan, Canada. United Development International expects to continue acquisitions of similar primary gold prospects within noted regions in Canada.
United Development International has focused its near term growth on developing its Guyana properties. However, it continues to explore expansion into other gold rich zones including Canada, the western United States and northern South America. United Development International expects to announce signing of additional properties in the near future.
Robert Doherty president of United Development International announced "We have long sought to become a major multinational gold producer. We have several obviously successful corporate models to emulate and we believe that with the combination of our executive team, geological team, lease hounds and our mining personnel we will achieve our goal."
___________________________
United Development International in Negotiations for Asset Purchase Agreement
LAS VEGAS, Nov 18, 2004 (BUSINESS WIRE) -- United Development International (Pink Sheets: UDVE) is in negotiations with an existing publicly traded gold mining company for an asset purchase agreement. The identity of this company will be confirmed at the time of a formal agreement in place.
It is the company's view that we are undervalued in the market place at the present time. An independent accounting of the value of the company's assets will occur to ensure that the fairest value will be on the table for the shareholders of United. Present agreement price is between 4 and 6 cents per share.
The company strongly believes that once this acquisition has been signed, within 45-90 days the transaction will be completed. All transactions of this nature are subject to majority shareholder approval.
________________________
Valuation for United Development International Assets Set at 5 Cents Per Share; 240% Premium over Market Price
LAS VEGAS, Nov 22, 2004 (BUSINESS WIRE) -- United Development International (Pink Sheets:UDVE) has a definitive agreement, valuing the assets of United Development International at 5 cents per share. This valuation is a 240% premium over the current market price of UDVE stock.
This definitive asset valuation agreement is with an existing publicly traded gold mining company. The identity of this company will be confirmed shortly.
United Development International currently has 100 million shares issued and this values the company at $5,000,000.
It is the company's view that this represents a fair value of the company's assets. Independent review as well as shareholder approval of the transaction is required.
Srvn n Iraq. Same here. My Fidelity account is minus 5333 shares of gemm today. Look at what it says on my history about gemm and usca. I still have my usca dividends 1254 post split.
11/16/2004 DISTRIBUTION
48131Q996 JUINA MINING CORP NEW RESTRICTED
Cash Shares: -5,333.000
11/16/2004 DISTRIBUTION
48131Q996 JUINA MINING CORP NEW RESTRICTED
Cash Shares: +5,333.000
10/29/2004 MERGER MER FROM 903328995
903328912 U S CANADIAN MINERALS INC RESTRICTED NEW
Cash Shares: +1,254.000
10/29/2004 MERGER MER PAYOUT
903328995 U S CANADIAN MINERALS INC RESTRICTED 3 F
Cash Shares: -418.000
10/29/2004 DIVIDEND RECEIVED
Could it be that they have to take out the 5333 shares of gemm before they add the second half of the dividend on the 29th or 30th? It will be interesting to see what happens. Also what does MERGER MER mean?
Yeah I noticed some of the principals in our group of companies will be there, Lewy and Kamurski. I'm trying to spend less time lurking on the boards and more time doing research on what's happening with the Canadian diamond mining industry. I'm going to the casino while the bird cooks, talk to you later.
Hello Stockhippie. One share! Come on Urban issue a $100 cash dividend. Ha Ha. and a Ho Ho Ho. Happy thanksgiving and merry christmas.
Do you live in Canada? Have you heard about this:
http://www.ir.gov.sk.ca/Default.aspx?DN=3632,3538,3385,2936,Documents