What Is Going On VALUATION
Ok boyz and z lol I feel the time is coming close for the short
squeeze of the 21st century. Most of us know crucial meetings are
taking place in Saskatchewan. Out of these meetings we expect major
news to be disseminated to shareholders.
Only rumors at this time but we are expecting the true OS/Issued
share count to be announced (all numbers floating around imo are
incorrect), we are also rumored of more stock dividends and possible
cash dividends to shareholders. The outcome of this meeting will imo
have life changing ramifications on all shareholders regardless of
the size of your stock position.
I have written using many headings and when I put them out to
readers I try to be as accurate as I can at the time I write. I am
also trying to be accurate in my assuming this and that could take
place. If I am wrong I'll take the heat and if I am right I'll take
the other side of the coin. All my readers know I am not afraid to
admit when I am wrong. My feelings toward this company can be seen
in my large stock position listed in my disclaimer. I am also
profiling CMKX for NO PAY and I am enjoying doing all the DD and
reading DD of others as I build my profile.
Out Standing
Many are asking about the OS and I don't blame them at all for
asking. In my opinion the OS could be set at what ever level Urban
wishes to set it at. I am still going with the 200 billion range and
I feel comfortable with this number, why?
This is going to sound funny but even if it is 500 billion when you
read the valuation I put on this company it won't make a difference.
Company Valuation
When trying to formulate an intrinsic value of CMKX I look at claims
via past press releases and use my limited knowledge of minerals in
the area. Here is the quote, "Urban Casavant stated, "These hundreds
of anomalies have been filtered for elimination of farm equipment
and steel buildings as a probable cause for such an impressive count
of anomalies."" This is a serious value. Just one of these
anomalies, if drilling shows diamonds present, could be worth more
then a trillion dollars if it is mined. Even if an anomalie is not
mined it could be worth 20 to 50 billion and CMKX has hundreds. I'll
go over diamond valuation more as you read this commentary.
It is well known the Saskatchewan region has many minerals present,
such as Uranium, Gold, Diamonds, Zinc, Oil, Platinum and Silver etc.
I believe Urban's main focus is towards Diamonds and not the rest of
the minerals but all minerals have enormous intrinsic value for the
company. These are mineral assets owned by CMKX could be sold to
mega big companies. ZenInvestor has been covering some of these
companies recently. He has written about Lundin Group and Cameco.
The Lundin Group has subsidiaries in Gold, Oil and new sub located
in Denver which covers Uranium.
The reason I brought attention to zeninvestor32's post at Ihub,
Uranium is a highly priced mineral which is a valuable asset of
CMKX. Also the Lundin Group has oil and gold interests world wide.
All these minerals are highly valuable to a company such as Lundin
or Cameco. This adds enormous potential intrinsic value to CMKX.
This Uranium value could go as high as 300,000,000,000 billion just
to buy the rights to mine the claims.
Cameco link showing their interests in diamonds also within this
joint venture project.
http://biz.yahoo.com/cnw/040813/uex_black_lake_update_1.html
Also consider the value of a block of claims if Urban decided to
sell a block. The price tag on this type of sell could be
astronomical. The price could reach to 1,000,000,000,000 trillion
easily imo.
We can't discount the value of CMKX's dividends that are scheduled
over the next 30 days.
CIM dividend of 40,000,000,000 shares should be considered valuable
in the future. At this time CIM is all futuristic valuation.
Recently CMKM announced UCAD purchased 5% of their mineral claims
with an option to purchase 10% more of the claims for $15,000,000
and for this gave CMKX 7.5 million shares of UCAD. This gave CMKX
valuable ownership via share ownership of UCAD and Juina Mining,
Yellow River Mining, C.O.D. Mining and soon to start up Nevada
Magnetics. I think both CMKX and UCAD had more valuation then dollar
figures show us but an equitable transaction was made for the long
term good of both companies. CMKM Diamonds, Inc. will later issue
these shares to all CMKX shareholders of record on August 20, 2004.
You can view all the UCAD subsidiaries and what they do at
http://willywizard.com/Profile-CMKX.htm I put together a break down
with pictures taken from each subs web site. Very easy to see the
intrinsic value they all give to CMKX.
The second stock dividend has long-term intrinsic valuation for CMKX
shareholders. CMKX shareholders will receive 40 billion shares of
CIM to divide and will receive in return a 10% lifetime royalty on
all mineral claims of CIM , specifically including the George Lake
Zinc Deposit. This will be distribute pro rata as a dividend to all
CMKM shareholders of record on August 31, 2004.
The third stock dividend will be GEMM. Recently purchased 95,502,027
of GEMM and has an option to purchase 127,336,036 more shares for
$500,000 which more then likely be purchased and distributed on Oct.
1, 2004. Understand 127 million is 24% of GEMM so if you do the math
CMKX will own over 49% of Juina Mining and Juina Mining's other
major shareholder is UCAD owning 51% but CMKX shareholders own 49%
of UCAD giving CMKX shareholders even a larger stake of GEMM via
ownership in UCAD. This is very interesting.
CMKX announced that it has agreed to acquire a 60%, undivided
interest in 500,000 acres of potential Kimberlite mineral property
in Saskatchewan, Canada. What's interesting about this acquisition
is when you look at UCAD's holdings you see UCAD owns the other 40%
of the mineral rights.
Are you all starting to see a pattern? This mixing of company
ownership is for two purposes in my opinion. One is to create a
conglomerate of individual companies united to add value to two
heads, UCAD and CMKX as the main head. The second reason is to
create a multitude attack on the short MMs, offshore hedge funds and
Individuals with accounts offshore that ruin these small cap Pink
and OTCBB stocks.
There is mega dollars of valuation coming into CMKX share valuation.
Read the above carefully again and count the anomalies at hundreds
of billions. The property value, just think about that for a few
minutes. Imagine the value of our claims in Saskatchewan? Uranium
potential 500 billion plus value, Gold, Diamonds, Zinc, Oil and
Silver etc.. Now add in operating mines via UCAD, such as Juina's
49% interest in an operating diamond mine joint venture partnership
with Emerging Africa Gold, Inc. (EAG) in the Brazilian Company Juina
Mining Mineracao, Ltda. JMML holds an 86% working interest in the
mining and mineral rights to approximately 1000 hectares (2,471
acres) of diamond bearing land in the District of Juina, Mato
Grosso, Brazil. Yellow River Mining with an operating Gold Mine
the "Provincia Del Oro" (Province of Gold) in Southwest Ecuador.
Lets roll back to the anomalies once again. We were told in paltalk
that the current anomalie CMKX is drilling on is apx. 1 ¾ mile by 2
mile…this is huge anomalie. One anomalie can take decades to fully
mine, such as an open pit mining operation. Again open pit mining
pictures provided at my web site profile. The diamond cash value of
one anomalie could be astronomical in the 500 billion dollar range
or more and we have many this size.
Here is where I am inserting a club member's commentary showing
diamond valuation.
Credentials: Londa Groves
"Started working heavy equipment at age 14. Began contracting with
Pacific Clay Products in 1975 and continued until 1993 under
contract. All in the mining division. State of California
Contractor's State License Board. Licensed Contractor in 1975.
Certified Mine Safety and Health Administration Instructor 1978 full
no restrictions USA and all territories. Certified Department
Weights and measures Deputy Weigh Master 1976-1993 multiple
locations State of California. Semi-retired 1992. Certified American
Cash Flow Association 1997 Certified DCFS. Certified Primerica 2002.
Financial Analyst. Loan Originator.
"Currently under drilling by CMKM Diamonds a Kimberlite Pipe
measuring 1/ 34 miles by 2 miles in roughly rectangular form. (1.75
mile [survey, US] = 9,240.01848 feet [international, U.S.] by 2 mile
[survey, US] = 10,560.02112 feet [international, U.S.]
1 kilo of diamonds = 100,000 carats and a kilo is roughly the size
of a brick. A brick is roughly 7.75 inches long by 2.25 inches tall
by 3.5 inches wide. How many kilos of diamonds in side of the above
described Kimberlite? Only the company assays can estimate that. But
5 bricks laid end to end are approximately 3.23 feet.
http://www.onlineconversion.com/length_all.htm
According to the previous CMKX website
http://www.casavantmining.com - 80% of Saskatchewans' kimberlite
pipes are diamondiferous.
50% contain diamonds over one millimeter in size.
A high percentage of diamonds recovered are clear, inclusion-free
and exhibit good crystal form.
Studies indicate cash operating costs of $10.50 per tonne, including
overburden removal.
Personal observations and opinions:
Now let's get down and dirty. This company has completed Aero
Magnetic surveys on a portion of their claims and ground TDEM
surveys on the whole of their claims. They have an established
Drilling Program in progress as well as Drilling and Surface
Exploration Permits in hand. The company controls about 1.4 million
acres in claims in Canada, and has additional associated claims in
South America. Has entered into contracts with US Canadian Minerals
Inc, United Carina Resources Corp., Consolidated Pine Channel Gold
Corp., Juina Mining Corp., Casavant International Mining, CMKXTREME
Inc and Nevada Minerals, Angel & Edwards, et al. Has committed
extensive resources and a great deal of man power effort to expedite
the discovery and exploration process that it takes to found a
Diamond Exploration company. The recently discovered anomalies and
an aggressive shift of resources toward the exploration of the
discoveries shows me that the Casavant Team is dedicated, intent and
pivotal on accomplishing what they have set out to do. Each of the
above alliances brings with them a specific expertise and knowledge
in their respective field that enhances the CMKM Diamond Company and
in my personal opinion forges a chain of strength and determination
to succeed. The target is in the name and upon proving out the
drilling samples and assays coupled with the massive knowledge base
being built and alliances brought together I anticipate success.
-
Monday 31 May 2004
http://www.mmegi.bw/2004/May/Monday31/3107547201778.html
Trans Hex audit reported on developments on its other interests in
the southern African region including Angola. Some 84,000 carats
from the Luarca concession were sold in Angola during the year under
review in excess of US$300 per carat, making it the highest value
per carat production in Angola to dateâ€.
5/28/2002 http://gac.esd.mun.ca/gac_2002/search_abs/sub_program.asp?
sess=98&form=10&abs_no=598
The estimated size of the kimberlites ranges from 3 million to more
than 600 million tonnes. Current grade estimates for the kimberlites
most thoroughly evaluated by the Fort أ la Corne joint venture and
Shore Gold Inc. is on the order of 5 to 30 carats per hundred tonnes
(cpht).
http://www.chabad.org/library/article.asp?AID=114770
The industrial diamond, although useless as jewelry, is as vital a
part of today's mechanical industry, as electricity or other forms
of power. In the year 1957, for instance, the U.S.A. imported 15
million carats worth of diamonds. Out of this amity, less than 2
million (1,800,000) carats worth were jewelry; the rest - more than
13 million carats, or almost 3 tons - were industrial diamonds.
This is not a solicitation to buy or sell the stock of this company
and I do and will continue to own stock in this company. All
opinions are my own and I stick by them...Londa Groves"
Readers do you understand what you just read from Londa? Let me
break it down in simple form. I believe the current anomalie CMKX is
working on is much bigger then the 600 million tones Londa's
research eludes to. But I will use the 600 million tones.
600,000,000 tonnes divided by
20 carates per tonnes
30,000,000 carates times $300 equals
$9,000,000,000 trillion dollars for gross value of the current
drilling project if it were completely mined out.
Lets move on to new Short Selling Rules
Because of much pressure from the public the Federal Government has
been forced to reevaluate the way the Markets Makers and DTCC do
business. These two entities are like a married couple trying to
help each other out but not for love but to scalp the public
investors of trillions of dollars. These government bodies also fund
the Securities Exchange Commission. So we have 3 entities all
working in conjunction with each other…do we have any conflict of
interests? Of course we do.
The new rule SHO is a rule to assist the shareholder which will stop
most of the shorting that is done as the backs are turned by
the SEC. Also this will stop DTCC from using their authority
printing to attach Cusip numbers to illegally shorted shares
which increase the floats of small companies beyond control of the
company. This authority allows the short MM to avoid the
illegality of the short.
Reg SHO was posted in the Federal Register on Fri. 8/6/04. It
becomes "Effective" 9/6/04 i.e. it becomes Federal Law incorporated
into the 1934 Securities Exchange Act. The "Compliance" date is
1/3/05. The regulators promise not to bust anybody until 1/3 because
of the necessity to update software, etc.
At this point lets once again look at valuation and take into
consideration the dates Reg SHO is effective 9/6/04 and compliance
date 1/3/05.
UCAD Dividend $ 6,000,000,000 Billion 8/20
CIM dividend $ 20,000,000,000 Billion 9/01
GEMM Dividend $ 10,000,000,000 Billion
Claim Valuation $2,000,000,000,000 Trillion
Uranium $ 300,000,000,000 Billion
Diamonds
Unmined $9,000,000,000,000 Trillion
Considering
100's of
Anomalies
Other Minerals $ 750,000,000,000 Billion
____________________________________________
$11,346,000,000,000 Trillion Dollars
The above CMKX valuation is just an attempt to show readers that
CMKX, as a company, is worth a lot of money. No way can CMKX mine
all these minerals or Kimberlites. I expect CMKX to sell Kimberlites
as they show prove they are diamondiferous. I think these unmined
anomalies when sold could bring at least what I showed above. Don't
forget the current Kimberlite CMKX has started to drill on if fully
mined could be worth the $9,000,000,000,000 Trillion dollars but
this could take decades to complete. Will they mine this Kimiberlite
or others to full completion? Nobody has this answer but it's
interesting to dream isn't it.
Last thing I am going to write about is the short squeeze and share
price valuation that IMO is about to take place. If there is a
short, I believe there is, excitement should start taking place next
week as move close to first stock dividend. IMO it will take more
then a stock dividend to create a short squeeze. I see it happening
like this.
Mid week next week rumor is flying about some type of cash divy with
more cash divys coming. Urban has said he wants to make a million
millionaires many times. I think with the SHO rules coming into
affect and all the press on Market Makers shorting this is
prime time to announce Out Standing, Float, Shareholder's on Record,
Completed transactions if any and Valuation of CMKX including UCAD
Valuation. Also if any completed transactions include cash divys
CMKX could have one immediately available this week and then
announce a second cash divvy for mid September. Why September? We
have on record:
August 20th Divy
Septmeber 1st Divy
September 15th ???? <-------
October 1st Divy
The gap leaves a question what will take place September 15th.
If this takes place cash divvy will show all shareholders CMKX is
for real, means much more then a stock divvy. This put liquid cash
in all shareholders trading accounts. I think every shareholder that
receives a nice cash divvy, knowing another one is on record for 3
weeks in the future, would seriously look at buying more CMKX stock.
I have asked many about this and everyone asked said they would buy
more stock even if they paid in the pennies and higher per share.
Also add in here the mixing of all the company's ownership in the
stock dividends. It's going to be tough for the Market Makers to
provide shares for these dividend shares.
The above would create a rolling affect on the stock price creating
a short squeeze. The share price would be gapping according to cash
divvy price out in September. Also with new investors buying stock
along with their family members and friends.
Understand dividend stocks will trade higher then the dividends. An
example was MSFT just gave shareholders a $3.00 cash dividend. MSFT
trades between $24 to $28 per shares. Most divys are approximate 10%
to 20% of the share price. The intrinsic value I showed for CMKX and
a example .50 cash divvy at 20% would put the CMKX share price at
$2.00 per share. Add in a short squeeze and real intrinsic company
valuation and this should get real interesting. The stock price
could actually go in the $10 to $15 dollar range over the next 4
months. This is possible so we should all keep a close watch on CMKX
over the next 30 days. Yes this just my opinion but my research
shows this is possible.
Readers, CMKX is a dream coming true investment. I have written many
times about my feelings in regards to CMKX. I have changed my
feelings towards CMKX many times. What were the changes? I am just
getting more and more and more bullish as I write these newsletters…
It's great to be involved in the Diamond/Mineral Rush of the 21st
Century. All of you are 21st Century miners with the newest
technology to enhance striking it rich at a very fast rate of speed.
LOL Just think about it we don't even have to get our hands dirty.
Because I have been busy at work I might have a couple typos or
fragmented sentences. Please excuse the messy writing. I am not
known for spelling and structure LOL.
Good luck everyone and lets get wealthy together as a club. You all
deserve the wealth.
Thank you,
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