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I would gladly add my name to any legal action taken against these theives.
Kat
March
That would be contrary to what I was told in early December
Im expecting news no later than February 1
January 15 was the 6 week window I was give to expect results
Ive been away for a couple of weeks did anyone ever phyisically make it to the mine site
So many of these little miners are scams that it would be a huge Relief to know that they are actually using the equipment that they reportedly put into production
Low volume price fluctuations are to be expected at this stage of the game however I was hoping to see a repeat of my GTC fill @ 015 unfortunately it looks like there's a good deal with support at this 02 level
I wish I could think of something I could say to drive this price even lower...I wont have any more settled funds until Monday. I have a feeling this stock will start the new year off with a huge bang... I think what we are seeing here is a combination of lack of news blues...And old investors taking their tax losses before the new year. I'd really be surprised to hear any results at all before the for 60 to 90 days a production... To come out now with a bunch of diff numbers that may not hold up Could not only cost him shareholders but some serious criminal violations as well. Patience is the key word for me here now... Accumulation is another good one.
kat
More like. 003!
Why not mortgage your house to?
Sorry but Ive been down this road before...against my better judgement after 5 years I tested these waters again and sure enough...they're as toxic as ever.
You're all right about Mike...if I was a cow I'd want his hands on my teats milking away. As any farmer knows ya never want to milk that cow dry...just take a little cream off every day, that keeps um coming back for more.
Reissue, pump, reissue, pump, reissue pump...then...when all the cream is gone and the cow is moaning for mercy...BOOM...just like a bolt gun to the back of the head, a reverse split instantly eliminates all those pesky dreamers and the Russian along with the rest of those on the inside laugh all the way to the bank not caring if on e dimes worth of gold ever comed out of the ground.
Ive lost my first round...part of the game...it'll sit in my portfolio now as a reminder of the folly these miners are and it will keep it in my perefral vision until the day when they break out the bolt gun...not umtil them will these shucksters be ready to start actually minimg...if ever.
Some of these guys make so much money churning paper they never get any further.
Good luck to the dreamers though...hope springs eternal.
Kat
And the again...
with a pr firm just being hired we will be in for another massive round of selling so far into the quadrupal digits we'll think a run back to a penny will be manna from heaven. I sware if i ever talk myself into buying into one of these micro miners I'm going to open a bottle of wine, slip into a hot bath and slit BOTH my wrists at once...and die slower than this pos.
Kat
They hzd 100% control of a diamond mine too...
ok its not a scam...lets call it a flimflam.
No posts in over a year...did this become yet another scam? I see the posts and buying stopped when they terminated theirrelationship with that pr firm. Some things never change down here in minerville.
Yep...i agree Kim....several fields in fact. Find um and farm um out. Great strategy.
KIM...Finally got through to the management the on King Cityi other day...we should hear news this week. Sounds like the may be changing their bbusiness model once they reach 1k barrels a day...for the better. Puts them in the position to attract financing that will allow forthe faster growth. Good things comin here me thinks.
Look...the king has no clothes ?!?
I couldn't enlarge that tiny photo to a ledgeble size and what there was looked like it was in Spanish? ??
Did anyone here translate that document. It could have been an order for escorts for all I could tell.
Kat
Darth Trader posted this last night...theres the pump....todays the dump.
kat
I guess that remains to the be seen.
I agree Kim, King City results next.
Er, ah, humm....
In the interest civility, I have to speak up for beefeater here. Seems to me that his previously bullish position hardly deserves a red flag being waved in his face. Why taunt each other here...I find that kind of behavior unwarranted and counterproductive.
He was honest enough to share his opinion why should he be badgered for his lack of desire to share his rationalizations for his personal choices?
We fall into 2 categories here...we are traders or investors or a variable blend of the two...NONE of us are here to LOSE money...how we do that as individuals is personal and highly subjective. Sharing our various points of view can only be meaningful and constructive if done so in a none hostile environment.
I'm with Beefeater here in that I'm not not a shareholder but you're a fool if you think that wont change in a heart beat if the reasons I'm NOT a shareholder change.
My point is...
Let's play nice...show others the same respect we would wish to be shown.
kat
Excellent news Kim...thanks for this post. Looks like a total of 15 wells are going into that unexpectedly rich field!
kat
Fanatical bashers...
now THAT'S funny.
kat
Sooner or later.....
it all gets real.
Walk on...while you still can.
kat
CHMR wasn't going "up" yesterday...it was a bounce. A news generated selling opportunity. Buy the rumor, sell the news..ever hear that one ? What are the accommodations like on the banana boats these days?
Sorry, I couldn't resist that weak attempt at Wall Street humor but the learning process here CAN be rather amusing...after the agony of defeat subsides.
Ahahahahahhah....some things never change around here. I've been following this board off and on since 2002 and I?ve read posts like this hundreds of times. Why is it people (dreamers)always accuse people of "bashing" when their experience and research of actual FACTS is contrary to the dreamers get rich quick scams.
FUNNIER STILL...the dreamers think that what goes on here is actually of enough importance to actually effect the pps !!! When in fact, the pps is actually being effected by the other investors doing their own Due Diligence...it's even complicated more by the fact that the dreamers could just as well have their own selfish motivations. Chmr can't make as much money for the dumpers if the stock price suddenly drops to nothing...which is what would happen if their shares were to be literally dumped on the market...instead their shares need to trickle out int all those little volume spikes that accompany all the carefully orchestrated NEWS releases. This works so perfectly over and over again because of a few predictable flaws in mans instincts...one being his almost limitless ability to lie to himself through denial...we HATE to be wrong and tend to deny any information to the contrary of what we WISH to be true.
I'm not bashing this company...just pointing out some obvious similarities with this company and a myriad of other companies that ended up costing their shareholders a bundle. As anyone who lost money on cmkx if they are still dreamers who trust pumped up press releases...seems like these companies eventually bash theirOWNselves.
Let me ask the longs one question about their "investment"...Hows it working out for ya now?
kat
No...what makes you think I've had a bad experience with this company? Im not a shareholder so all my experience here has been good. Most of my friends started out above a buck so they are the ones hurting.
I have seen lots of companies like this though and most if them were bad. This might be a good trading stock for someone with seasoned experience but as far as being a good long term investment for guys that don't know a candlestick from an sec filing, with wives and kids home to feed, then I think its only fare to warn the sitting ducks on the pond that the farmers comin down the road and he's packin his shotgun.
But maybe you should call the CEO...sounds like you wanna believe, I'm sure he's ready with just the right answers to all the questions you might have. On the other hand...airfare is cheap...if ya want real facts your own eyes are the best way to get um.
Happy con trails..
kat
I Agree...that really is A question. My question is how much can you afford to risk finding out. I don't trust this guy based on my past experiences and his documented behavior so far. I'm not touchin this stove...at this time. To much downside and time to get there before there is even a possibility of news of a tangible nature. I dont invest in dreams...only reality for me.
Dream on if you like...easy come easy go.
I have a question for you...how's being a shareholder workin out for ya now so far ?
Kat
Gosh...I missed the threat post...where were those? They are always the most entertaining. People just hate to be confused by the facts...they really WANT to believe in truth justice and the American way but the truth is in the filings....
http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=8304938-88324-93550&type=sect&TabIndex=2&companyid=866310&ppu=%252fdefault.aspx%253fcik%253d1532796
The price of the current offering is fixed at $0.015 per share. This price is significantly greater than the price paid by our sole officer and director for common equity on August 22, 2011. Our sole officer and director, Charles Grob, paid $0.001 per share, a difference of $0.014 per share lower than the share price in this offering.
He don't need no stinking promoters....
He them did a forward spit....increasing his shares to the current outstanding share total of 66mil...which the market cap is based on.
Through his transfer agent he cam continue to sell his pipe dream all the way down to .oo15 and still be making money off your dreams of easy money.
Making money here on pain street is hard work...do your homework or go home on the short bus.
Some of yall might even need helmets...you're gunna get hurt here BAD.
Me doth not protest ENOUGH about the fowl stench that is rising from this section of the street. Emptied bed pans here a plenty my Lord.
Kat
Officials there will say what they are paid to say was my point. Its not the kind of place where a lot of legitimate business takes place...not as we know it here in the usa. Believe whatever you want...i find this whole issue exteamly entertaining at this point. Ive seen this kind of denial of factual reasoning before and what greed for quick riches does to people who are otherwise quite reasonable never ceases to amaze me. Even a jackass will require real fruit to be dangled bfore his nose...not this wax fruit yall are craning your necks for.
Its totally mystifies me but P.T. Barnum said it best many years ago...there's one born every minute.
The king has no clothes...but you can continue to run around naked for as long as you like but be sure of this..winter will soon be upon you.
Kat
Thats because he's not paying off any promoters...mexican officials are cheaper.
kat
This what first caught my eye Kim...from their website....
working interest is 40%...
The Company,and its partners currently hold the rights to 10,000 acres of prospect lands in and around the San Barnabe Vineyard located in Monterey County,California...... Monterey section will be encountered from 2000feet to 4000 feet in depth.
What was making me nervous was the timing...2to4k ft is shallow by todays standards. I understand the need for patience...however, this recent additional funding for 3 more wells speaks volumes to me as to what will be in those next reports. Upside here is...well lets just say i haven't seen a small company who's stock is as worthy of accumulation in a very long time.
The best laid plans of mice and men...
You should start at the Edgar site and read ALL the filings...something EVERYONE should do BEFORE they invest.
Look...I'm not a paid basher. Just a truck driver workin the Bakken oilfield in ND. The only reason I know about this play is because a bunch of guys I know have been throwing money at this thing...guys who, after just a few questions did I realized had NO CLUE what they were geting into. I care about these guys, they all have kids and are struggling to make ends meet...so I started looking into this thing and the deeper I get the uglier it is. I retired almost ten years ago thinking I had this business figured out, after 2008, along with a lot of other people I had to go back to work at a real job. If I learned anything while I was here it was that you can't make money investing in ideas...oh, you can make lots of money off the suckers who do believe but that makes you a trader not an investor. Theses guys think they can throw money at this thing and EVENTUALLY get a return...well...maybe they will and them maybe it will rain pennies from heaven. This guy used a forward spit to amass lots of shares he could use to get rich on the IDEA he is selling...he can't lose because if the idea works he just reverse splits the suckers out of the deal and sells his interest in the company to become even more rich and all the guys up here have to work just that much harder to put food on the table. Its as ugly as life gets. Its warfare without all the blood but its just a ugly and can be just as deadly...financially. These are just my opinions and this company might make all the crap shooters rich...if so ya can laugh at me all you want but I'm keeping my money in my pocket on this one...actually, I'm bad at holding on to my money...it'll be going into a different play. LOL.
Domestic oil and gas with TANGIBLE ASSETS and proven, realistic goals...not pipe dreams.
But...good luck to you whatever you decide.
kat.
Its one guy...he don't need no stinking promoter. Why share the spoils?
Scam scam scam...THE KING HAS NO CLOTHES !
Read the filings...the forward split tells the whole sorid tale...this guy will go to prison if they ever find him. With the spike that happened last month he's already made his getaway. He can declare chapter 11 and never have to prove his fake technology...the perfect crime only if so many people hadn't seen through it...
"sooner or later, it all gets real." I already feel bad for the bag holders...0017.
Sorry...you dont "replace" existing frac units...a frac lasts a few days to a couple of weeks TOPS and then the coil crews come in? This company is a scam...read the filings...there is no pump and dump group because he is doung it himself...he bought shares @ .oo17 and did a forward spit...the 66mil shares arent coming from a group they are coming from him...no equipment no assets all hipe...I lost 10k believing in a scam artist and his diamond mine in Canada, this has cmkx written ALL over it. Lots of people were seriously hurt then and they are going to get hurt now.
Ask yourself just one question...maybe two...if this technology works why did he get it from China so cheap AND if it does work why does he jabber to go to Mexico to prove it ?
Sorry...my money goes to DOMESTIC USA production. An entirely new age in oil production is looming in America that will dwarf the booms of the last century when it all began. With so many REAL opportunities with real companies here at home, why waste time on this conjob?
If there was ANY thing to this, with the environmental pressures at home don't you think just ONE legitimate American compam would have already stepped up...not even any Mexican companies will admit to a contract.
This is a fools paradise if I've ever seen one.
Nice job on the timing for that post Kim...I was able to change my gtc to .10 and I doubled down and got a fill at the open. Funding for three more Wells is better that I ever expected. I figured funding was the issue because they had so little capital...their holds are already large enough imho. Didn't that original PR say 2k acres ? That's a big chunk poor realestate in Califonie.
kat
You're just lucky, I reckon and I am not. I can't say what their strategy is Kim but I must say I like it...it's creating some wonderful buying opportunities for the bottom fishermen like me...I'm trying to lower my cost basis now @ .08 and .065.
90 days to deploy...they didn't say if it would be to a freshly worked rig sight or a workover sight...ya can't frac without a hole people...it'll be Jan of 2013 AT THE VERY LEAST, before any possible news either way on this untested technology. That, and the fact that depending on your math, this company is worth anywhere between .68 and .0017...if you believe the stated market cap or base your valuation on the total assets-liabilities from the last 10q...I'd say that without some new, earth shattering news there is considerable room for movement to the downside. At the very least I expexct to see it test last months lows...several of my friends here in the Bakken have been recklessly throwing money at this company for weeks now...I've touched the red hot stove a few to many times to get excited about any "highway to heaven" stock with this little actual tract record...but...with that being said, there is enough wishful thinking dreamer/gambler in me to take an entry level position here with a gtc @ .30. After that it's anyone guess as too what I'll do ! LOL.
One thing is for SURE on this one...we are all standing on the working end of the crap table and one bad roll and it's good night Ireen, good night !
One blow out is all it will take and they happen with proven fracing all the time...killed a guy up in Williston just last week. Not to mention a million other issues...even after the frac they have to run a coil job, pre and post production work all has to be completed before a single barrel comes out of the ground...and at BEST it will be March or April before that happens...and misfortune waits at every stage.
Buyer beware...
I wish I had kept the interview FH gsvr YEARS AGO. I was flabergasted. He was askef about the share price and investor confidence too which he replied, "I could not care less about either the share price or the shareholder...my job is to build my company...blablabla." Shortly after which my share price went to .ooo1 and I've been stuck with 5mil shares ever since. This man is cyanide and the ONLY hope any shareholder has of seeing even a fraction of their investment returned it would be if FH has a massive coronary and falls over dead in his tracks. Then and ONLY them MIGHT someone take over who is capable of actually running a profitable business. To think any group of investors, in this current market environment, is going to stimulate ANY government official into action is more laughable than the funniest thing I have ever seen...that being Steve Martins banjo act on the Johnny Carson show back in the early 70's...he has a new band and is playin @ the Bridge School Benefit this year...now THAT is some worthwhile shareholder news !!! More than you will ever get from FH I'm sorry to say.
Kat (10 year bag holder)
Well...it looks like I'm not the only one who got sick of no returned emails and Phone calls from investor relations. Not to mention keeping everyone in the dark over the true results of king city. I work in the Bakken oilfield from rig to pump is as short as 3 months sometimes and we are going dowh-hole 15 to 20 THOUSAND FEET...and the engineers know what's in the hole as soon s the rig leaves. It's been a year now...news is coming but I suspect it is all bad.
Just my opinion...hope I'm wrong.
Kat
Ive owned this stock for years...bought it after I used it on my boat. I was amazed...but less enthusiastic about its promotion and marketing. I don't poke the finger of blame in any one direction but its unfortunate that such a good product has been met with such failed distribution making it a failed investment that is now beyond any hope of redemption. Right product, right time wrong people...to bad. Wish I had tken more profits and not looked back. The price of lovin um can be fatal.
Don't waste your money here.
kat
Nice job kim. Im a very small investor now Kim and my limited funds are doing quite well with chmr for now but this one is high on my watch list...thx.
Yes...well, I called twice and got no return from my emails. That, with the fact that they have been so quiet about KC and I no longer feel comfortable with the increased risk here so I plan to move on...I work in the Bakken Oil Field and there has been a lot of buzz lately about CHMR. Water is a huge expense in fracing...their solution could be a huge game changer.
Good luck here...I'm gone to there.
I dont know about that day...the RockandRoll.com guys listed this stock that day and I think some novice put in a market order and found out the hard way why ya use limit orders...or...one off the r&r guts wanted to jack up their #.s?
Anyway...it got my attention so I nibbled at .12&.13 but now I dont know? That well should be in by now???
Kim...you have been around a long time...I respect you tenacity. Have you actually spoken to management at DLTA. I haven't been able to contact them @ all ? I'm really starting to wonder if these guys are for real? That well should have been in a LONG time ago?
kat