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LMAO...need to check out this movie too funny...................http://mm.dfilm.com/mm2s/mm_route.php?id=1847636
Nice post from sterling board PPS will be worth at least 2 bucks if O/S is 9 billion.
Based on smeaton property (loaded with diamonds).
Read below on what the DR says!!!
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Look at Dr.D's analyses guys!!! Dr.Dia not Dr.Dic...
That's why they want to a be fully reporting company.
Facts we have are more than enough!
« Thread started on: 05/29/2004 at 22:19:59 »
I believe most don't believe the FACTS!
The reasonable facts are enough to believe in CMKX!
Most can't or have a hard time believing that something good can actually come their way. I guess like most of us after you get burned enough the tendency is to turn critical and cynical. Let's see if we can put aside the criticism, sarcasm, and look at reasonable amounts with no maybe's or speculations! Just a reasonable breakdown of what we know and we can go from there!
Everytime some brings up substantial DD that the value of the company is significantly more than people can imagine they shoot it down and think the individual is a pumper.
I know the A/S (Authorized Shares) is 500 billion shares. But we also know that in February the O/S outstanding shares was around 37 Billion. Just because 500 Billion are authorized doesn't mean they have been used.
Retiring of Billions of shares has taken place and the PR's attest to it. Even if none has been retired since Feb and the O/S is still 37 billion or even twice that at 74 Billion (which I doubt) the pps is WAY UNDERVALUED!
If we just take the Smeaton Property, regardless of the other 1.9 million or 3 million acres we have, the Smeaton property is 22,447 acres I believe. If you use the DeBeers valued property of approx. 58,000 acres at 40-80 billion dollars then we could reasonably assume that Carolyn and Smeaton is worth half of that at 20-40 billion. This alone when compared to the 37 billion O/S in Feb would make the pps worth approx .55 to 1.05. No hype, no asuming the other 1.9 or 3 million acres has anything or any value at all.
On Carolyn and the Smeaton property alone we can reasonably expect to have a pps of .55 to 1.05 or if there is 74 Billion O/S we would still be looking at .28 to .52 cents for our pps on Smeaton and Carolyn alone!.
And if there were 148 billion O/S we would still be looking at a pps of .14 to .26 on Carolyn and Smeaton alone!
And if there were 300 billion O/S our pps would still be at .07 to .13 on Carolyn and Smeaton alone.
Or if even a Max A/S for our O/S of 500 billion then our pps is still at .04 to .075 on Carolyn and Smeaton alone.
I don't see how anyone can argue with that!
Now as a bonus, lets do a VERY CONSERVATIVE CALCULATION!
Debeers acreage is valued at around 700,000 per acre. Lets take one third of that and say CMKX acreage is only worth 230,000 per acre. When you multiply 23,000 per acre times 1.9 million (low side estimate of acreage) you get 437 Billion.
With our acreage in Smeaton and Carolyn valued equal with Debeers and our additional acreage valued at only 1/3 of that of Debeers we arrive at a minimum pps of:
Low end value compared to DeBeers:
$20 Billion for Smeaton and Carolyn
437 Billion for remaining acreage
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457 Billion low end value - With 37 Billion as an O/S we are looking at a pps of 12.35 low end
High End
$40 Billion for Smeaton and Carolyn
$874 Billion for remaining acreage
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$914 Billion high end value - With 37 Billion O/S we are looking at a pps of 24.70 high end
With the Low end being a pps of 12.35 at 37 Billion O/S then if you double the O/S to 74 Billion the pps would be 6.18. If you double the O/S again to 148 Billion then the PPs is still at 3.09 on the low end. If you double the pps again to 300 Billion the pps is till at 1.55 on the low end. I believe the low side of the tape is more than enough to convince any investor.
But lets take a look at the high side of this minimal amount I have presented. With the High end at 24.70 at 37 Billion O/S then if you double it to 74 billion O/S your pps is still 12.35. If you double your O/S again to 148 Billion O/S your pps is still 6.18. Then if you double your O/S again to 300 billion O/S your pps is still 3.09.
People this is not pumping this is taking the low side of everything presentable that we actually can confirm as fact!
To think there is 500 Billion outstanding shares would be ludicrous. But for the sake of the nay sayers we'll take it a step further to the max 500 billion O/S.
Low side = .914 pps rounded off to a .91 cent pps
high side = 1.828 pps rounded off to a 1.83 dollar pps
If you don't believe then sell. But if you just want to moan and groan because we believe it is going to reach .91 or 1.83 cents then leave us alone.
The FACTS line up. That is .91 low side and 1.83 high side if the maximum 500 billion A/S is the actual O/S.
Personally with the Feb advertisement by CMKX stating 37 Billion O/S plus Urban's statement that INVESTORS had already given $1.8 million and another $3.2 million was coming when the work was to begin. I would be amazed if the O/S is over 50 billion because the only reason to sell shares is to raise money. But if you have investors kicking in then there is no reason to float any more shares into the market.
What does that mean? If we have 50 Billion O/S instead of the 500 Billion max then you can multiply the low and high pps by 10.
Meaning that the low end pps would be $9.14 and the high end pps would be $18.28.
No hype! No shuck and Jive! Just plain basics.
Keep believing CMKX! Your sub penny investments are going to be worth millions. You can take that to the bank!
Why? Because what I presented above is the flat base line for our pps. Not only that, I believe we have diamonds and plenty of them.
I am not a pumper just a sound reasonable investor trying to make a dollar and help protect my fellow investors from bashers or any one else that has an opinion outside the truth as it is known to be!
We don't have a lot of the facts we would like to have, but WHAT WE HAVE IS ENOUGH FOR NOW! Even if you break it down to a 25 percent haul it is still more than enough! Understanding that we may only pull 25% of this here are the calculations updated!
Our low end of $9.14 X .25 = $2.28
Our high end of $18.28 X .25 = $4.57
This is my opinion and I ask that you treat it as such! But as for the facts, they speak for themselves! I believe the basic premise is FACTUAL and you can do with it what you want!
Dr.D
(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)
st from sterling board................................... http://www.ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=18692
I see most people are wooohooooing about what they may have when the money flows thru to buy things....me myself would be able to take care about my parents who gave me hope and dreams....in return I will give the happiest golden years that they ever thought of...god bless you all
Congrats To All ...And to Sub and the rest of the board members thanks for all the hard work you put in this board WoooHooo :)
Yep I agree rctrader2 eom
Nice thought Sub..eom
What is the odds on those two trades???hmmmmm
Of course if we did have a PR of finding diamonds wouldn't that push the share price up...I would think so IMO
Ditto on that swingingforthefence...I will lurk until I get my I-Hub account..Mudd
I dont think those numbers are not bad at all MsPenny...if that is our pull back numbers from our huge %800 run im a very happy camper...I am looking foward to more runs pending on news...good luck to you
Tim71...this link should help you out on your momo question...http://www.investorville.com/lingo.htm
I agree...#1 fact right now is this stock is up %800..fact #2 we will hear more soap opera's from people in denial about fact #1
Damm Rocketred makes me want to buy a mule and pack up my bedrole and head for the hills...lol...but melvin did say the drilling crew was still in town waiting on core results before they moved the drill rig to a diffrent location....wonder they got the info from them???
I was thinking the same thing wolf...could be another CMKX in reverse...lol
Does not matter if from 1995???Well I sure would not base my facts from a survey almost 10 years ago for one thing...also they have more improve testing done from those old results...also from RESENT results from other companys i would say those facts of yours are bogus...have a good day
Looks like to me those are numbers from 1995....Carolyn pipe was not even thought then
picked this of the sterling class room................... ............................................Interesting post from cmkx company website.
DrDiamond
Diamond Finder
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Posts: 711
The Process of getting Diamonds! Detailed!
« Thread started on: Today at 16:04:18 »
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This question has came to my email box many times over the last few weeks so I am going to try and answer it the best I can!
M0: Grassroots Land Position - Generating Targets 6 Months
M1: Targets -Drilling For Kimberlite 3 Months
M2: Kimberlite-Testing For Diamonds 3 Months
M3: Diamondiferous Kimberlite - Mini-Bulk Sample Best Ones For Grade 6 Months
M4: Diamond Grade - Bulk Sampling Best Ones For Commercial Value 6 Months
M5: Grade & Value - Prefeasibility Study To Determine Economics 6 Months
M6: Economic Pipe - Permitting & Final Feasibility Study 1 Year
M7: Mine Approval - Construction Leading To Production 1 Year
M8: Production - What Next? Ongoing Production
MO = 6 months = Grassroots land position = Is the potential land in an area that actually has the geological structures that support the potential for finding kimberlite and diamonds? This stage was used to determine or generate targets for mining!
• We all know CAROLYN has crossed this stage some time ago! If not we wouldn’t be talking or writing to each other right now! The original PR about the Carolyn Pipe/Smeaton property: http://biz.yahoo.com/bw/040329/295578_1.html
M1 = 3 months = The actual drilling of the selected land position for Kimberlite!
1. Aerial Surveys Does The Train Include Diamond Indicator Minerals? Yes Kimberlite May Be Diamondiferous
2. Do The Indicator Minerals Include Eclogitic Garnets? Yes May Have Eclogitic Diamonds
3. Do The Indicator Minerals Include G10 Pyrope Garnets? Yes May Have Peridotitic Diamonds
4. Does The Target Have A Geophysical Signature? Yes Kimberlite Pinpointed
5. Is The Geophysical Target Supported By Multiple Data Sets? Yes Reduce Risk Of False Anomalies
6. How Deep Is The Top Of The Geophysical Anomaly? Variable Shallower Is Better
7. Is There A Cluster Of Targets? Yes Kimberlites Occur In Clusters
M2 = 3 months = Hitting A Kimberlite Pipe
1. Is It A Group 1 Kimberlite? Yes Best Diamond Potential
2. Does It Have Crater Facies? Yes Pipe Intact, Greatest Tonnage Potential
3. Does It Have Diatreme Facies? Yes Good Tonnage At Depth Potential
4. Does It Have Hypabyssal Facies? Variable Could Be A Dyk Or Root Zonee
5. How Big Is The Pipe'S Surface Area? Variable Bigger Is Better For Tonnage
6. How Deep Was Kimberlite Intersected? Variable Deeper Means More Tonnage
7. How Deep Is The Top Of The Kimberlite? Variable Shallow Is Better For Open-Pitting
8. How Accessible Is The Kimberlite? Variable Accessibility Dictates Sampling Ease
9. What Is The Tonnage Limit For The Kimberlite? Variable Bigger Is Better
M3 = 6 months = Diamondiferous Kimberlite - Mini-Bulk Sample Best Ones For Grade
1. Is The Pipe Diamondiferous? Yes Necessary Condition
2. What Is The Macro Reporting Standard? Variable Sieve Based Square Mesh Sizes Best
3. Are Micro Diamond Counts Based Only On Longest Dimension? No If Yes, Management Ignorant Or Flaky
4. Does Company Divide Micro Weight By Sample Weight To Get Grade? No If Yes, Mgmt Ignorant About Diamonds
5. Is Sample Large Enough To Be Meaningful? <100 Kg Best Is 300 Kg Or More
6. Are There Counts For 0.1-0.5, 0.5-1.0 & <1.0 Mm Sieve Ranges? Yes Can Compare Size Curve To Others
7. Has Petrographic Work Been Done On Sample Interval? Yes Need To Be Aware Of Facies And Phases
8. Is There Evidence Of Facies Or Magmatic Phase Differences? No If Yes Micro Diamond Data Distorted
9. How Does Size Distribution Curve Look? Shallow Compare With Hearne Or Snap Lake
10. What Percentage Of Macros Are Fragments? 0% Less Distortion Of Size Profile
11. Have Any Individual Stones Been Identified? Yes Shows Good Size Profile
12. What Is The Weight Of The Larger Stones? Variable Presence Of Big Stones Is Good
13. What Is The Weight Of The 1 Mm Plus Fraction? Variable The More The Better
14. Are Many Of The Micro Diamonds Colored? No Yes Could Mean Poor Quality Macros
15. What Is The Breakdown Of Crystal Types? Variable Prefer Majority Octahedra
16. Is There Evidence Of Resorption? No No Loss Of Diamond Weight
* Melvin's statement regarding the core samples: http://cmkmdiamonds.proboards27.com/index.cgi?board=questions&action=display&num=1086276242
M4 = 6 months = Getting A Grade By Mini-Bulk Sample
1. What Was The Screen Size Used To Recover Diamonds? 1.5 Mm Stones Below That Size Aren'T Commercial
2. What Was The Largest Stone Recovered? Variable Bigger Is Better
3. Was The Pipe Geometry Defined By Delineation Drilling? Yes Can Estimate Resource Tonnage
4. Has The Internal Geometry Been Defined? Yes Grade And Value Of Geologic Units Varies
5. Was There Grade Variation Between Sample Locations? No Want Uniform Diamond Distribution
6. What Was The Crystal Type Breakdown? 100% Octahedrons Are Best
7. Is The Parcel Large Enough For Valuation? Yes Give Early Value Indication
8. What Does The Stone Size Distribution Profile Look Like? Variable Gradual Size Frequency Decline Desired
9. How Many Stones Were Recovered? Variable Gives Average Stone Size
10. What Percentage Of Stones Were Clear & Colorless? 100% Indicates Gem Quality
11. What Percentage Of Weight Was Clear & Colorless? 100% Can Reveal Quality-Size Skewing
M5 = 6 months = Getting A Grade And Value
1. What Is The Grade Of The Pipe? Variable Higher Is Better
2. Are There Zones With Major Grade Differences? Variable High Grade Could Help With Payback
3. What Is The Total Value Of The Diamond Parcel? Variable Higher Is Better
4. If A Modeled Value Was Given, What Is The Error Margin? >10% Beware Of Big Error Margins
5. Does The Size And Spacing Of Bulk Sample Reflect Pipe Size? Yes Larger Pipes Require Bigger Samples
6. Is The Value Skewed By A Few Exceptional Stones? No Isolated Stones Statistically Irrelevant
7. What Is The Value Percentage Attributable To 0.75+ Ct Stones? 100% Big, Quality Stones Always In Demand
8. Is The Value Distributed Evenly Over The Size Spectrum? Variable All Stone Sizes Are Contributing
9. What Is The Quality-Size Profile Of The Pipe? Variable Want To See Potential For Big Stones
10. Is There A Deterioration Of Quality With Increasing Size? No Gem Quality % Must Be Stable
M6 = 6 month = Completing A Pre-Feasibility Study
1. Is The Junior Carried From Here Onward? Yes No Financing Dilution Risk
2. What Pipes Are Candidates For Production? Variable
3. How Many Need To Be Mined Simultaneously? One Less Permitting Hassle
4. What Will Be The Production Rate Of The Milling Facility? Variable
5. Will The Operation Be Underground Or Open-Pit Mining? Open-Pit Lower Cost
6. How High Is The Stripping Ratio? Low Beware Of Deep Overburden
7. What Will Be The Operating Cost? Variable
8. What Will Be The Capital Cost? Variable Higher In Remote, Sensitive Settings
M7 = 1 month = Securing A Development Permit :Mine Approval - Construction
Leading To Production
1. Has A Project Description Been Filed? Yes Permitting Underway
2. Are There Any Sticky Environmental Obstacles? No
3. Is The Area Subject To Native Land Claims? No
4. Is There A Title Risk? No
5. Is Approval Likely And How Long To Get It? Yes Less Than 18 Months Is Good
M8 = 1 month = Production Startup
1. Does The Junior Receive Diamond Production In Kind? Yes Can Capture Source Premium
2. Is A Diamond Marketing Deal In Place? Yes
3. Is There Potential For A Source Branding Premium? Yes Canadian Diamonds Preferred
4. How Does Production Grade And Value Compare With Projections? +100%
5. Is The Theft Security System Reliable? Yes
6. How Long Before Payback? Soon
Dr.D
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Keep Believing! Nothing is impossible if you can only believe. Forget the Nay sayers! They have never had anything and never will. Stay on top! Chase your Dream! Dr.D
Machiavelli
Diamond Hunter
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Posts: 39
Re: The Process of getting Diamonds! Detailed!
« Reply #1 on: Today at 16:08:25 »
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Wow,
If I didn't think I know better I'd call you Urban or Melvin...............naaaaaaaa!
Great post I always look forward to reading your info, now I will search the web for corroberation any suggestions on a site?
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xcen
Diamond Hunter
member is offline
Posts: 3
Re: The Process of getting Diamonds! Detailed!
« Reply #2 on: Today at 16:11:50 »
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Dr D.,
u rock!
But, give John Kaiser proper credit too )
http://www.kaiserbottomfish.com/s/Educational.asp?ReportID=71104
x
http://www.ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=16306
(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)
If CMKX was a woman I would marry her...wooohoooo
looks to be a healthy stall until the next run up...looks solid with not much pull back...looking good... : )
Here is some CMKX gear for sale may get a coffee mug myself..lol.........http://www.cafeshops.com/cmkx
Come on Willy.... nice numbers.. but $20.00 a share....we are still in the pink sheets until some PR tells us diffrent...nice to see you promoting this stock but I rather play it by ear as in steps.....we most know it will move accourding to the movent on the MMs today and but I hope people just dont quit there jobs or loose the retirement because you posted that $20.00 share gag....ok Im gone need some sleep...take all and good luck to you all
I agree....people must be reminded its still a pink sheet company....If it moves to the OTCBB or higher then it might be a good idea...but for god sakes wait until they are there
Lasvegas is not a small city...what is the odds on CMKX resident agent and ucad in the same building??Plus now they have same transfer agent...hmmmmmmm
I think it was .029
your right they will...but that very small shake today tells me they are haveing a hard time doing that imo...
not true there reident agent is in the same building thomas and cook................................... ........................................................................................ Dean Heller
Nevada Secretary of State
Corporate Information
Name: CMKM DIAMONDS INC.
Type: Corporation File Number: C9852-2002 State: NEVADA Incorporated On: April 18, 2002
Status: Current list of officers on file Corp Type: Regular
Resident Agent: LAW OFFICES OF THOMAS C. COOK, LTD. (Accepted)
Address: 4955 S. DURANGO
SUITE 214
LAS VEGAS NV 89113-
President: URBAN CASAVANT
Address: 1489 W WARM SPRINGS
HENDERSON NV 89014-
Secretary: CORY KLASSEN
Address: 1489 WARM SPRINGS
HENDERSON NV 89014-
Treasurer: CORY KLASSEN
Address: 1489 WARM SPRINGS
HENDERSON NV 89014-
http://sos.state.nv.us/corp_nme.asp
good thought....never know when the next PR comes out and what will do to the market
lets hope this pig flies to the moon...good luck to you
cool deal for you...good luck to you
DUDE????are you investing or trading????I guess that could happen IF you put it under a table and slept for a year or so...get real...I am %100 plus on this stock as of now and holding %70 still...never invest in pink sheets....rule # 1 never fall in love with a stock....rule#2 fall in luv with profit....eom
Thank goodness for tax shelters...hehe
i agree...eom
Intresting post dusty....eom
I dont care if a NY lawyer cares about me myself or the investers.....long as he bring us a larger share price for CMKX who he is working for more power to the dude imo...mudd
Mariner_007...good job on making sure they have links to there post even tho you deleted mine...lol...but with all this bogus info going around I am sure glade someone is keeping tabs on things on this board...good job
By looking at the map looks like the joint venture with cons pine/united carina/cmkx/ucad are in the pink of this map....Please catch me if I am wrong...also the numbered claims is what just what cmkx owns as in claims ...101027101/101047025/101050803....with airborne survey done on the joint venture few months ago on these claims and now drilling.... I would have to asume the latest airborne survey is just done on casavant's claims....Could it be that they found something bigger than the carolyn claim???
http://www.explorationgis.com/falc_detail.html
I agree...think wolf is doing his best with the data he has to work with...good job wolf
UCAD is at $1.50 down -$1.24...ouch
Congrats...DrPepper...eom
Opps meant 2 bagger.....good luck to all