AI
Saturday, May 08, 2004 2:52:44 PM
CMKX : DIAMOND IN A HAYSTACK (updated v4.0)
it’s finally all going to come together.”
The bad links have been fixed, sorry! Thanks for noticing.
THIS IS NOT A RECOMMENDATION TO BUY, and is intended for fellow shareholders only. All sources are publicly available. Revision contains links to the Casavant Brand, De Beers legal issues in the US, SIGHTINGS posted by shareholders who met Casavant et al at the races or talked to the company over the phone, links to excellent CMKX message boards and ***answers to shareholder questions by Mr. Melvin O'Neil, the CMKX PR person.
MAP of Fort a La Corne: http://casavantmining.com/images/17x11_Oct03.pdf
“The odds of making an economically viable diamond discovery in Canada are well above the average for the rest of the world …only 0.7 percent of the 6,395 kimberlites found across the globe are worth mining -- odds of 1 out of 133 for striking it lucky compared to 1 out of 32 inside Canada.”
"From 1998 to 2002, companies have mined about 13.8 million carats of these precious stones of pure carbon, collectively worth $2.8 billion," ...
"This is roughly equivalent to a 1.5-kilogram bag of ice each day for five years, with each bag worth $1.5 million."
“On the basis that 60,000 tones could be processed every day this means that the Fort a la Corne partners could be looking at a gross profit of around C$2 million a day. Now even De Beers has to take such a figure seriously…”(Kensington/De Beers/Cameco)
(Sources, CONTEXT, & dates for these quotes are in the body of the report)
***BREAKING FALC NEWS:
Shore Gold on their Star Kimberlite: Saturday, May 08, 2004
"We're standing on the cusp of results of finding what we think will be a fantastic deposit. These kimberlites are among the biggest in the world. If we can show that the rocks can be extracted and the diamonds recovered in an economic fashion, there could be enormous potential for this part of Saskatchewan."- CEO Ken MacNeill
The StarPhoenix, Saturday, May 08, 2004
http://www.canada.com/saskatoon/starphoenix/news/story.html?id=3692532c-ac7e-43d8-b2ef-0226d0a8daa0
PR on CMKX’s Carolyn pipe: 5/5/2004
http://www.stockhouse.com/news/news.asp?newsid=2277506&newstype=0
CMKX : OFF TO THE RACES!
http://www.cmkxtreme.com
http://www.dragracecanada.com/hotzone/news/2004/April/05.asp
De Beers to raise rough diamond prices 5%- March 18, 2004
http://www.globes.co.il/serveen/globes/docview.asp?did=781574&fid=942
Diamond products face price hikes: Source: China Daily
http://english.peopledaily.com.cn/200403/01/eng20040301_136200.shtml
DeBeers eyes return to US
February 24, 2004
http://www.busrep.co.za/index.php?fArticleId=356609
More on DeBeers legal woes in the US:
The world's largest diamond producer DeBeers SA is involved with talks with the US Justice Department to settle charges of price fixing leveled against it nearly 50 years ago and return to the US market, The Wall Street Journal said Tuesday.
http://www.busrep.co.za/index.php?fArticleId=356609
***Who is CMKM?
http://www.casavantmining.com
****THE PLAN:
“We plan on mining diamonds from our own deposits and buying conflict free diamonds at wholesale. We will merchandise these diamonds under the "Casavant" brand name. Both retailers and consumers can place their trust that a "Casavant" diamond is conflict free; mined in an ethical and environmentally friendly manner; and represent the highest in quality and value. We plan on becoming involved in the entire sales chain in diamond merchandising with the view of becoming the largest wholesaler of Canadian diamonds not just a mining company. This provides our shareholders with a more balanced investment opportunity and gives us income stream while we are developing our Saskatchewan diamondiferous kimberlite claims." – Chairman Urban Casavant http://www.findarticles.com/cf_sccfrm/m0EIN/2002_Dec_9/95086487/p1/article.jhtml
4 months later: April 21, 2003 ->Exploration Project at Fort a la Corne established:
…Dr. Mark Hutchison, Casavant Mining's senior project geologist, recently spent two weeks in the field delineating targets
… identifying kimberlite targets on CMKM's mineral claims at Fort a la Corne,
…priority has been given to a core block … of CMKM's mineral claims which lie most contiguously with known diamondiferous kimberlites owned by other operators in the Fort a la Corne region.
….some 30 targets have been identified by Hutchison from regional aeromagnetic data provided by the Canadian Geological Survey
….Amongst these targets, five locations have been identified as being of highest priority and will receive first attention initially from ground magnetic survey crews.
…management also plans to continue to expand targets by use of airborne electromagnetic surveying under the supervision of project geophysicist Dr. Jovan Silic
…final geochemical analysis being undertaken in one of a number of internationally recognized laboratories under Hutchison's supervision.
http://www.findarticles.com/cf_sccfrm/m0EIN/2003_April_21/100402143/p1/article.jhtml?term=
CMKX Senior Project Geologist:
Mark Hutchison, Ph.D., graduated from the University of Edinburgh with a Bachelor of Science honors in geology in 1993. For the past 10 years Hutchison has been working on diamond research and has in-depth knowledge of diamonds from a number of worldwide localities, having completed his Ph.D. on the subject in 1997. Doctorate in mantle geochemistry and diamond geology from the University of Edinburgh in 1998. Credited and widely published for the discovery of two new minerals in scientific literature. Worked as a research associate for two years (1998-2000) at the University of Arizona's lunar and planetary laboratory with support from the U.S. National Science Foundation and NASA. Hutchison has been an invited lecturer on deep mantle diamonds at several institutions, has served as a chair for the American Geophysical Union and holds a position of honorary associate of the University of Sydney. Through his research he has developed models for prospecting for diamonds in non-classical settings particularly useful to Brazil, Australia and Canada. Hutchison has worked closely with Casavant Mining as a consultant since inception and is a candidate for the board.
LAS VEGAS--(BUSINESS WIRE)--Feb. 25, 2003
Dr. Mark Hutchinson, Consulting Geologist for Casavant Mining Kimberlite International (OTCBB:CMKM) was interviewed on 21 February, 2003 by Tom Allinder of HotStockChat.com.
During the interview, Dr. Hutchinson answered a variety of questions regarding CMKM's mining properties in the Fort a la Corne region in Saskatchewan, Canada. Topics include CMKM's strategy for exploration of their 1.9 million acres of property which surrounds De Beers/ Kensington and Shore Gold's possible valuation, as well as timetable for exploration and a background of the Fort a la Corne region. The interview may be accessed at http://www.hotstockchat.com. http://www.findarticles.com/cf_sccfrm/m0EIN/2003_Feb_25/98036193/p1/article.jhtml
*****Why Fort a la Corne, Saskatchewan, Canada?
“Canada is a world diamond power, threatening the De Beers Cartel.” Kevin Krajick, author of Barren Lands.
“The Fort a la Corne area could well be the most important diamond discovery of the century.” – Chairman Urban Casavant.
http://www.webfin.com/fr/forums/discussion.html?forum=metaux&file=5442.html
Mining companies -De Beers/Kensington/Cameco, Shore Gold, Diamonds North [DDN], Ashton[ACA], Global Prospecting Ventures [GPVI], United Carina Resources Corp, FOREST GATE RESOURCES INC to name a few are registering their presence in the FALC region.
Why?
Saskatchewan Economic News February 2004, Page 5:
Saskatoon: A gem-quality diamond was found in January in a core sample of Kimberlite from the 2003 drill program at Fort a la Corne. The 0.77 stone carat stone was weighed and measured by the Saskatchewan Research Council in Saskatoon.
http://www.ir.gov.sk.ca/adx/asp/adxGetMedia.asp?DocID=3369,3088,3087,2936,Documents&MediaID=6236...
1)
The Province of Saskatchewan has a unique geological environment for the occurrence of diamondiferous kimberlites. Protected by thick sedimentary layers left by an inland sea, Saskatchewan kimberlites bodies have escaped erosion. Unlike most kimberlites in South Africa and the Northwest Territories, Fort à la Corne kimberlites are almost intact with much of the kimberlite volcano still remaining. As a result, the Fort à la Corne kimberlite field contains the largest concentration of diamondiferous kimberlite in the world. The total mass for the field was estimated from modeled geophysical data and drilling intersections to 9 billion tonnes with a 30-metre thickness cutoff at the edges.
(Kensington/De Beers/Cameco)
Currently, land holdings held under the Fort à la Corne joint venture agreement comprise 121 claims totalling 22,544 hectares or approximately 57,000 acres. Of the 63 kimberlite bodies on this property, the joint venture currently is focusing on kimberlite body 141/140. Kimberlite body 141 and 140, both previously thought to be two separate bodies, are now understood to form a single, large kimberlite body estimated at over 500 million tonnes -- making it the largest macro diamond bearing kimberlite in the world.
http://www.kensington-resources.com/s/Property.asp
Saskatchewan Government states:
• We're the third-largest, non-fuel, mineral-producing province in Canada
• Total mineral sales in 2002 were $2.4 billion - about 8% of the provincial GDP
• The industry creates some 6,000 direct and 12,000 indirect jobs
• Our mining productivity is ranked among the highest in Canada
• The industry boasts significant external investment and private-sector leadership
• Our mines feature leading-edge, made-in-Saskatchewan technology, such as:
o Continuous mining equipment used in the potash industry
o Remote-controlled underground mining equipment at the McArthur River uranium mine
o State-of-the art tailings management facilities
• Some of Canada's highest-grade ore reserves
• Lower-cost mining operations
• State-of-the-art mining technology
• A well-trained, reliable, productive workforce
• Central location with excellent transportation services to North American and offshore markets
http://www.ir.gov.sk.ca/Default.aspx?DN=3348,3330,3328,2936,Documents
1b) Fort a la Corne pipes are virtually unprecedented in terms of their huge mass.
This means that while it involves exhaustive work in determining where concentration of diamonds are, it offers relatively LOW cost diamond mining.
See: http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=18909337
1c) Canada is now world’s third largest diamond producer by value, ahead of South Africa.
“Since its first major discovery of diamonds in 1991 and the subsequent start up of two mines, Canada has sprinted up the world diamond production rankings to now reach third spot, measured by the value of the stones it produces.
Canada is attracting almost half of all the worldwide exploration dollars spent on searching for diamonds, or about $125 million a year.”
TORONTO STAR:
“Canada climbs to third in world diamond output”
http://www.thestar.ca/NASApp/cs/ContentServer?pagename=thestar/Layout/Article_Type1&c=Article&am...
Forbes: Diamond Hunt Dice Seen Loaded in Favor of Canada
http://www.forbes.com/home_europe/newswire/2004/01/29/rtr1234489.html
DE BEERS Fort à la Corne Factsheet
http://www.debeerscanada.com/files_2/fort_a_la_corne/factsheet.html
(2)
Kimberlites were first discovered in Saskatchewan in 1988 at Sturgeon Lake, which is located approximately 50 km northwest of Prince Albert. This discovery which subsequently was determined to represent glacially rafted kimberlite material rather than an in situ pipe, resulted in a considerable amount of exploration activity by both junior and senior companies, particularly in this part of central Saskatchewan. On the basis of airborne magnetic and ground geophysical surveys large tracts of land were staked with the focus being the Fort a la Corne area, which is located some 80 km to the east of Sturgeon Lake.
During the next several years, drilling programs confirmed the existence of over 70 diamondiferous kimberlite bodies in spatially distinct clusters, with the main group located approximately 60 km east of Prince Albert. Referred to as the "Fort a la Corne kimberlite field", it extends for some 32 km in a narrow northwest trending corridor. Distinct smaller clusters of kimberlite have also been discovered both proximal to and at some distance from the main trend. The Candle Lake kimberlites for example occur up to 80 km north of the main kimberlite field. These outlying discoveries are indicative of the benefits of ongoing exploration and of the upside potential for the discovery of additional kimberlites.
The kimberlites in the Fort a la Corne area are unique, in that they largely consist of distinct layers of pyroclastic crater-facies rocks. Kimberlite volcanoes erupted periodically during Cretaceous time (98 to 112 Ma) into sands and mudstones that were deposited near the north-eastern margin of the broad Western Canada Sedimentary Basin. Geophysical modeling of the kimberlite bodies indicates a wide variation in their size. Individual kimberlites are estimated to range from 2.7 to 184 hectares, with tonnages ranging from 3 to 675 million tonnes. Diamond recoveries and grades are to date highly variable.
Reference: [http://www.pinechannel.com/s/Properties.asp?PropertyInfoId=632&View=1]
More on CMKM?
See:
Sept. 3, 2003--Casavant Mining Kimberlite International (OTCBB: CMKM) is pleased to announce the purchase of 25 mineral claims from North Sask Ventures Limited (a private company), approximately 10,912 acres in the Fort a la Corne area. After airborne magnetic surveys were conducted in the Fort a la Corne area, most of these claims were staked by previous claim holders, due to anomalies that were acquired from data taken from the airborne magnetic surveys. Two of the 25 claims are adjacent to known diamond-bearing property operated by Kensington (KRT), Cameco, and DeBeers Joint Venture in Fort a la Corne. Claim #S-135017 is south of kimberlite body #152 and claim #S-15016 is north of kimberlite body #168 both which are operated by the joint venture. Claim #S-135018 is adjacent and north of Shore Gold's (SGF) Birch Lake kimberlite. The remaining mineral claims are strategically located and are currently surrounded by numerous other claims held by CMKI and other claim holders in the area.
Reference:
http://www.businesswire.com/cgi-bin/cb_headline.cgi?&story_file=bw.090303/232465311
Brilliant strategy and vision of The Casavant Manoeuvre:
With local knowledge and months of research of geological/government reports of the Fort a la Corne area located in central Saskatchewan, Canada, Urban set forth to stake mineral claims in the hundreds of thousands of acres, most contiguously and adjacent to known diamondiferous kimberlite bodies owned and operated by other mining companies, prior to forming CMKM Diamonds (formerly: Casavant Mining Kimberlite International).
CMKM management believes the company’s future is bright as diamonds. The Company now has over 1,000,000 (one million) acres claimed in Saskatchewan which include Fort a la Corne claims, Green Lake claims and zinc claims that include the original George Lake Deposit (also known as Brakewell Lake) with options for hundreds of thousands more acres. CMKM Diamonds, Inc., recently initiated a drill program, with confirmed results of one of the thickest kimberlite bodies found to date in the Fort a la Corne area. With ongoing drilling on additional targets scheduled for diamond core drilling in the next few months, CMKM has purchased additional equipment and employed labor forces to allow year round drilling. As aerial and ground surveys determine the probability of targets, the company is prepared to purchase yet even more equipment and labor to meet the demand of harvest.
http://www.racingwest.com/news/story.php3/8679/index.htm
Now, CMKX holds claims covering 1,900,000 acres of this rapidly appreciating location.
MAP of Fort a La Corne: http://casavantmining.com/images/17x11_Oct03.pdf
****WHAT IS CMKM WORTH RIGHT NOW?
The Fort a la Corne area could very well be the most important diamond discovery of the century. CMKI has strategically planned more staked acreage than any of its surrounding competitors."
See: http://www.webfin.com/fr/forums/discussion.html?forum=metaux&file=5442.html
Notice the following:
1) De Beers/Kensington’s 141/140 kimberlite - referred to as the largest macro diamond bearing kimberlite anywhere in the world- is estimated to produce if mined, approx $500 million dollars a year, 800-1000 jobs for the local economy.[ http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=18909337] and is valued at $40-$80 Billion dollars. CMKM has claims alongside that rich location. This makes CMKM very valuable as an operation with huge statistical potential for astronomical profits. DeBeers et al. have 121 claims on their 57,000 acres. Shore Gold has claims on some 27,734 hectares. CMKM has claims on 1,900,000 acres. This is 33x larger than the De Beers area. Whatever success De Beers or Shore has in FALC, it will only increase the value of CMKM’s assets especially the strategically chosen claims around these other companies. Remember, it is almost certain De Beers/Kensington/Cameco will begin mining 140/141 shortly.
http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=18909337
2) Companies in the region have reported various amounts of financing from big-money investors. This suggests that big-money sees the potential here, it makes business sense to them, and they are willing to invest their dollars in Saskatchewan.
E.g.: http://www.kensington-resources.com/s/NewsArchives.asp
*See the article on Shore Gold at the top of the post under BREAKING FALC NEWS
Saskatchewan Economic News:
http://www.ir.gov.sk.ca/adx/asp/adxGetMedia.asp?DocID=3369,3088,3087,2936,Documents&MediaID=4685...
3) Various high-calibre experts have recommended stock of companies exploring in the FALC area as excellent investments. I urge you to do your research on this: you’ll be very surprised.
“By early 2004 the Saskatchewan diamond play could be a horse race to develop the world's largest diamond mine.” June 2003
http://www.kaiserbottomfish.com/s/Trackers.asp?printVersion=now&_Title=Tracker-2003-17-2002-FALC...
4) A company having claims on diamond-containing kimberlite bodies can a) prospect them for best diamond concentrations for subsequent mining b) make lucrative deals granting others permission to develop them or c) make deals involving sales of claims to other companies. How about all of the above?
5) Logistically, Fort a La Corne is a miner’s dream location. Urban Casavant’s timing could not have been better. Without taking into account the ensuing media frenzy, it would only take ONE full scale mining operation to begin on the Fort a la Corne territory to exponentially increase the market value of CMKM’s shares, amplify their deal-brokering power, and generally put the market value of the company in the multi-billion dollar territory. And it does not matter which company starts mining first! If the house next door is suddenly valued at $40 billion dollars and you own 33 houses on the street…? Wherever there are mine-able concentrations of diamonds on that property, Dr. Mark Hutchison is sure to find them. That’s his job.
In a world of monopolies, mergers and acquisitions, the economic value and leverage of CMKM’s 1.9 Million acres of claims cannot be over-overemphasized. See: http://www.kensington-resources.com/i/pdf/NorthernMiner_2003-06-23.pdf
See: 2001 article:
FORT A LA CORNE DIAMOND MINE IN SASKATCHEWAN COULD BE PLANNING FAST TRACK PRODUCTION.
“De Beers has decided that it has to focus on Canada”
“On the basis that 60,000 tones could be processed every day this means that the Fort a la Corne partners could be looking at a gross profit of around C$2 million a day. Now even De Beers has to take such a figure seriously…”
http://www.minesite.com/archives/news_archive/2001/April-2001/kensington16.htm
Companies in the area are still reporting compelling finds with statements to the effect that over 75% of pipes in the area are diamond-bearing and news media are still anxious to report it:
http://tacyltd.com/Research_Materials_Full.asp?id=53478
6) The unique geography (and hence enormous potential) and reported & un-reported diamond findings in Canada’s northern territories will keep big-money interested in this area for many many many years to come. This interest will not go away. There is incredible share price appreciation ahead for any company controlling a Canadian diamond mine, and many companies are struggling to do just that. And one company has incredible Microsoft-like control over this landscape of Fort a la Corne: CMKM Diamonds.
****CONCLUSION:
Every investment has a risk. Not investing also carries a risk. CMKX’s true power lies in LEVERAGE. While we may never have the opportunity to buy into another MSFT, we can buy into CMKX.
There is very real potential CMKX or another company could find something on the FALC that would send CMKX stock to .50 cents in a matter of days anytime soon. In fact, the articles you have read indicate some have already done so.
The product market is established,
the demand is proven globally,
the timing is impeccable,
diamond hype is always contagious,
and media frenzy/interest is guaranteed.
Consider: just how many penny stocks have this kind of potential associated with them? Remember, apart from market cap, the size of the audience plays a critical part in driving a stock price through the roof and unknown stocks often suffer for this reason. The level of investor interest as shown by internet traffic to the company website is dumbfounding: approx 2,591 hits per hour, over 2,000,000 hits in March 2004. Now throw in the unusual race car publicity that the company has embarked upon. Plus the press releases of Shore Gold, Kensington/De Beers adding to the value of the FALC. As this company’s popularity approaches critical mass, we just need the **product (diamonds), and if LOCATION is anything, CMKX is in very prime location indeed... The alignment of so many positive factors takes this company to a whole new level of play.
The math and the Risk/Reward ratio are blatantly in favour of a BUY and HOLD strategy. IMO-> Target price: $10.00+ within 2 years counting from the date CMKX (or anyone else) announces full scale mining has begun in the area, and assuming a O/S of 10 billion shares and only one mine at the start. JMO, that in the near term, expect around $0.05 if no news is released.
IMPORTANT:
Please refer respectfully to the following reports by other shareholders who met or talked with the company team. Please do not debase or disrespect anyone or any personal matters mentioned in the postings. I am including the links because they are publicly available and RELEVANT. Please show respect in your responses.
It has become public knowledge that Melvin’s wife is very ill. My wife and I wish them well, and our hearts/prayers go out to Melvin and his children. Please.
***MELVIN’s responses to shareholder questions:
http://cmkxdiamonds.proboards28.com/index.cgi?board=Melvin
***Shareholder Sightings of the CMKX team at the races:
http://www.investorshub.com/boards/read_msg.asp?message_id=2993907
http://www.investorshub.com/boards/read_msg.asp?message_id=2988474
http://www.investorshub.com/boards/read_msg.asp?message_id=2988612
http://www.investorshub.com/boards/read_msg.asp?message_id=2988647
http://www.investorshub.com/boards/read_msg.asp?message_id=2993907
http://www.investorshub.com/boards/read_msg.asp?message_id=2989637
***Shareholders who talked to MELVIN over the phone
http://ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=4042
http://cmkmdiamonds.proboards27.com/index.cgi?board=news&action=display&num=1083967303
***CMKM NEWS:
February 21, 2004
"The company also has interests in property near Green Lake, 180 kilometres northwest of Prince Albert. Casavant Mining will use an outside contractor for drilling in that area so its own rig can stay in the Fort à la Corne region.
Casavant said he’s happy to be at this stage.
“I’ve been at this prospecting and claiming land for about 15 years now,” said the self-taught prospector. “So I’ve been chasing this for a long time, and it’s finally all going to come together.”"
Prince Albert Daily Herald
http://www.juniorstocks.com/radthreads/thread.php?id=24
All the CMKX news below:
http://tools.thestreet.com/tsc/quotes.html?pg=qcn&symb=cmkx&x=7&y=4
****Message Board LINKS:
Thanks to Sterling for his intelligent board, SUBlime for her DD, Madison30ca for her mining research, rwctrader2004 and all the investors at the official CMKX message board for raising intelligent issues in their posts to Melvin.
Madison30ca on the Mining Process: http://cmkxdiamonds.proboards28.com/index.cgi?board=Madi&action=display&num=1083280428
Sterling’s Classroom:
http://www.ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219
InvestorsHUb: CMKM diamonds
http://www.investorshub.com/boards/board.asp?board_id=1561
RagingBull Board
http://www.ragingbull.lycos.com/mboard/boards.cgi?board=CMKX
Company Board:
http://cmkmdiamonds.proboards27.com/index.cgi?board=news
All Fort a La Corne News:
http://www.findarticles.com/cf_sccfrm/PI/search.jhtml?magR=all+magazines&key=fort+a+la+corne
Intersection of Kimberlitic Rock Announced by U.S. Canadian Minerals, Inc. - BusinessWire
6:00am 04/06/2004
U.S. Canadian Minerals Inc. Announces Intersection of Kimberlitic Rock - BusinessWire
4:30pm 04/05/2004
CMKM Diamonds Inc. Announces 'Carolyn Pipe' at 900+ Feet and Still in Kimberlite - BusinessWire
3:34pm 03/30/2004
CMKM Diamonds Inc. Announces 'Carolyn Pipe' Update - BusinessWire
2:27pm 03/29/2004
CMKM Diamonds Inc. Announces 'Carolyn Pipe' Update - BusinessWire
2:20pm 03/29/2004
U.S. Canadian Minerals Announces Option - BusinessWire
11:48am 03/29/2004
U.S. Canadian Minerals Announces Option - BusinessWire
11:40am 03/29/2004
"Without everyone involved from our shareholders to United Carina, Consolidated Pine Channel, U.S. Canadian Minerals, Mr. Ralph Newson, Dennis Miller and the drill crew (which have the combined experience of over 100 years and have been working around the clock) and all the others who made this happen, it would have been nearly impossible to achieve such a great accomplishment, such as this. We are looking forward to a long and lasting relationship, to continue our progress forward, and are aggressively pursuing additional drill permits for the next 14 priority drill targets already planned within the upcoming weeks for just the Smeaton area. Thank you for your patience and support." -Urban Casavant, President
CMKM Diamonds, Inc. Announces Kimberlite Ore Discovery
http://www.pinksheets.com/quote/news.jsp?url=fis_story.asp%3Ftextpath%3DCOMTEX%5Cbw%5C2004%5C03%5C29...
10:09am 03/29/2004
CMKM Diamonds Inc. Announces Drilling Video Footage Now Available on the Company Web Site - BusinessWire
12:50pm 03/23/2004
CMKM Diamonds, Inc. Announces Joint Venture Option Agreement With United Carina Resources Corp. and Consolidated Pine Channel Gold Corp. - BusinessWire
9:30am 03/22/2004
CMKM Diamonds, Inc. Announces Progress on Drilling and Exploration Program - BusinessWire
9:30am 03/18/2004
CMKM Diamonds Inc. Announces That Drilling Has Commenced Two Days Ahead of Schedule in the Fort a la Corne Area - BusinessWire
9:30am 03/15/2004
CMKM Diamonds Inc. Announces Drilling Program to Commence in the Fort a la Corne Area on Wednesday, March 17, 2004 - BusinessWire
9:30am 03/11/2004
CMKM Diamonds Inc., Formerly Casavant Mining Kimberlite International, Announces New Symbol - BusinessWire
1:01pm 03/09/2004
CMKM Diamonds Announces Assignment of New CUSIP Number - BusinessWire
9:30am 03/02/2004
U.S. Canadian Minerals Inc. & CMKM Diamonds Inc. Announces Joint Venture - BusinessWire
4:38pm 02/26/2004
CMKM Diamonds Inc. Successfully Negotiated Definitive Agreement for Major Airborne Survey - BusinessWire
9:30am 02/26/2004
Casavant Mining Kimberlite International Announces Name Change - BusinessWire
3:53pm 02/25/2004
NEWS ARTICLE FROM UNKNOW SOURCE:
http://www.juniorstocks.com/radthreads/thread.php?id=24
Casavant Mining Kimberlite International Obtains Funding of US $1.8 Million With Pledge For Additional US $3.2 Million - BusinessWire
9:30am 02/19/2004
INSERTING and REPLACING Casavant Mining Kimberlite International Obtains Funding of US $1.8 Million With Pledge For Additional US $3.2 Million - BusinessWire
9:30am 02/19/2004
Casavant Mining Kimberlite International Announces Summary of Drill Program to Commence - BusinessWire
1:11pm 02/13/2004
Casavant Mining Kimberlite International Announces Delay Set for Name Change and CUSIP Number - BusinessWire
9:30am 02/04/2004
/C O R R E C T I O N -- Casavant Mining Kimberlite International/ - PR Newswire
1:05pm 01/28/2004
Casavant International Mining, Inc. Announces Short Delay for Final Approval of MRDR/CIM Share Exchange - PR Newswire
9:05am 01/28/2004
Casavant Mining Kimberlite International Announces Application for Name Change and New CUSIP Number - BusinessWire
9:30am 01/27/2004
Casavant Mining Kimberlite International Announces Purchase of Drill Rigg, Accessories, Extra Equipment for Drilling - PR Newswire
8:02am 01/21/2004
Casavant Mining Kimberlite International Announces MRDR Share Exchange And Spin Out of CIM Subsidiary Approved - PR Newswire
9:02am 01/15/2004
Casavant Mining Kimberlite International Announces Retirement of 1.8 Billion Shares - PR Newswire
9:05am 01/09/2004
Casavant Mining Kimberlite International Announces Green Lake Target Drill Ready - PR Newswire
9:03am 01/05/2004
Casavant Mining Kimberlite International Announces Negotiation With Two Public Companies for Buyout of Mining Claims - PR Newswire
9:05am 12/29/2003
Casavant International Mining, Inc. Announces Spin-Out - PR Newswire
11:02am 12/19/2003
Casavant Mining Kimberlite International Announces That Targets Have Been Selected to Commence Drilling on Green Lake and Forte a la Corne - PR Newswire
12:02pm 12/18/2003
Casavant Mining Kimberlite International Announces That the Company Has Officially Retired 16.5 Billion Shares Back to the Treasury - PR Newswire
3:17pm 12/17/2003
Casavant Mining Kimberlite International Announces that Spin-Out Company CMI To Go Public Within Two Weeks - PR Newswire
9:08am 12/08/2003
Casavant Mining Kimberlite International Gives Update of Public Diamond Exploration Working Partners - PR Newswire
9:07am 11/20/2003
Casavant Mining Kimberlite International Continues Excavation Work and Plans to be Drilling in Forte a la Corne Shortly - PR Newswire
8:16am 11/17/2003
Casavant Mining Kimberlite International Begins Excavation Process For Kimberlite Indicators in Green Lake Area - PR Newswire
12:33pm 11/13/2003
Casavant Mining Kimberlite International Successfully Claim Stakes Approximately 100,000 Acres of Land for Diamond Exploration - PR Newswire
8:34am 11/11/2003
Casavant Mining Kimberlite International Successfully Claim Stakes Additional Land for Diamond Exploration - PR Newswire
9:09am 11/10/2003
Casavant Mining Kimberlite International Successfully Negotiates Closure Of Diamond Claims in Potentially New Diamond Discovery Area - PR Newswire
9:03am 11/07/2003
Casavant Mining Kimberlite International Announces Update of Magnetic Work for Drilling and Retires over 20 Billion Shares of CMKM Stock to Date - PR Newswire
10:32am 11/06/2003
Temporary Drilling Delay at Fort a la Corne for Casavant Mining Kimberlite International - BusinessWire
9:30am 10/30/2003
Casavant Mining Kimberlite International Announces Retirement of Another 4.4 Billion Shares for a Total of 13,420,371,427 CMKM Shares of Stock to Date - PR Newswire
8:30am 10/20/2003
Casavant Mining Kimberlite International Announces Retirement of 9,020,371,427 CMKM Shares of Stock - PR Newswire
10:51am 10/10/2003
Casavant Mining Kimberlite International Clarifies Record Date for CMKM 2 for 1 Stock Split - PR Newswire
1:05pm 10/03/2003
Casavant Mining Kimberlite International Announces Retirement of 6 Billion CMKM Shares of Stock - PR Newswire
9:01am 09/30/2003
Casavant Mining Kimberlite International Announces Approximately 172,970 Acres Of Claims Added In Fort a la Corne - BusinessWire
9:30am 09/24/2003
Casavant Mining Kimberlite International Announces Corporate Web Site - BusinessWire
2:13pm 09/22/2003
Casavant Mining Kimberlite International X Dividend Date September 19, 2003 For Zinc Spin-Out. - BusinessWire
11:03am 09/19/2003
Casavant Mining Kimberlite International Enters Into Joint Venture Agreement For Development Of Mineral Claims - BusinessWire
9:30am 09/19/2003
Casavant Mining Kimberlite International Announces $900,000 Funding from Three Diamond Exploration Companies - BusinessWire
3:32pm 09/18/2003
Casavant Mining Kimberlite International Announces Diamond Drill Core Sampling To Commence In October - BusinessWire
9:31am 09/17/2003
Casavant Mining Kimberlite International Recent Developments and X Dividend Date, September 12, and September 19, 2003. - BusinessWire
9:30am 09/12/2003
Casavant Mining Kimberlite International Announces Purchase of 25 Mineral Claims and Ground Magnetic Survey Update - BusinessWire
9:30am 09/03/2003
Casavant Mining Kimberlite International Announces $3,000,000 Contract for Mineral Exploration and Drill Contract Program - BusinessWire
9:30am 08/27/2003
Casavant Mining Kimberlite International Clarifies Payable Date for CMKM Stock Split and Dates of Record for CMI Spin-out - PR Newswire
10:05am 08/22/2003
Casavant Mining Kimberlite International Spin-Out and Share Distribution To All CMKM Shareholders - PR Newswire
2:57pm 08/21/2003
Casavant Mining Kimberlite International Announces a Two for One Forward Stock Split for All Shareholders of Record - PR Newswire
10:45am 08/19/2003
Casavant Mining Kimberlite International Announces a Two for One Forward Stock Split for All Shareholders of Record - PR Newswire
10:44am 08/19/2003
Casavant Mining Kimberlite International Recent Developments for Fort a la Corne - BusinessWire
2:59pm 08/07/2003
Casavant Mining Kimberlite International Drilling Permit Application Approved by Board - BusinessWire
1:12pm 07/23/2003
P/s: I now hold 10 million shares and I would buy more if only I could. I will be long for at least 3yrs and expect a profit of $50-$100M.
Chrsyler300C
it’s finally all going to come together.”
The bad links have been fixed, sorry! Thanks for noticing.
THIS IS NOT A RECOMMENDATION TO BUY, and is intended for fellow shareholders only. All sources are publicly available. Revision contains links to the Casavant Brand, De Beers legal issues in the US, SIGHTINGS posted by shareholders who met Casavant et al at the races or talked to the company over the phone, links to excellent CMKX message boards and ***answers to shareholder questions by Mr. Melvin O'Neil, the CMKX PR person.
MAP of Fort a La Corne: http://casavantmining.com/images/17x11_Oct03.pdf
“The odds of making an economically viable diamond discovery in Canada are well above the average for the rest of the world …only 0.7 percent of the 6,395 kimberlites found across the globe are worth mining -- odds of 1 out of 133 for striking it lucky compared to 1 out of 32 inside Canada.”
"From 1998 to 2002, companies have mined about 13.8 million carats of these precious stones of pure carbon, collectively worth $2.8 billion," ...
"This is roughly equivalent to a 1.5-kilogram bag of ice each day for five years, with each bag worth $1.5 million."
“On the basis that 60,000 tones could be processed every day this means that the Fort a la Corne partners could be looking at a gross profit of around C$2 million a day. Now even De Beers has to take such a figure seriously…”(Kensington/De Beers/Cameco)
(Sources, CONTEXT, & dates for these quotes are in the body of the report)
***BREAKING FALC NEWS:
Shore Gold on their Star Kimberlite: Saturday, May 08, 2004
"We're standing on the cusp of results of finding what we think will be a fantastic deposit. These kimberlites are among the biggest in the world. If we can show that the rocks can be extracted and the diamonds recovered in an economic fashion, there could be enormous potential for this part of Saskatchewan."- CEO Ken MacNeill
The StarPhoenix, Saturday, May 08, 2004
http://www.canada.com/saskatoon/starphoenix/news/story.html?id=3692532c-ac7e-43d8-b2ef-0226d0a8daa0
PR on CMKX’s Carolyn pipe: 5/5/2004
http://www.stockhouse.com/news/news.asp?newsid=2277506&newstype=0
CMKX : OFF TO THE RACES!
http://www.cmkxtreme.com
http://www.dragracecanada.com/hotzone/news/2004/April/05.asp
De Beers to raise rough diamond prices 5%- March 18, 2004
http://www.globes.co.il/serveen/globes/docview.asp?did=781574&fid=942
Diamond products face price hikes: Source: China Daily
http://english.peopledaily.com.cn/200403/01/eng20040301_136200.shtml
DeBeers eyes return to US
February 24, 2004
http://www.busrep.co.za/index.php?fArticleId=356609
More on DeBeers legal woes in the US:
The world's largest diamond producer DeBeers SA is involved with talks with the US Justice Department to settle charges of price fixing leveled against it nearly 50 years ago and return to the US market, The Wall Street Journal said Tuesday.
http://www.busrep.co.za/index.php?fArticleId=356609
***Who is CMKM?
http://www.casavantmining.com
****THE PLAN:
“We plan on mining diamonds from our own deposits and buying conflict free diamonds at wholesale. We will merchandise these diamonds under the "Casavant" brand name. Both retailers and consumers can place their trust that a "Casavant" diamond is conflict free; mined in an ethical and environmentally friendly manner; and represent the highest in quality and value. We plan on becoming involved in the entire sales chain in diamond merchandising with the view of becoming the largest wholesaler of Canadian diamonds not just a mining company. This provides our shareholders with a more balanced investment opportunity and gives us income stream while we are developing our Saskatchewan diamondiferous kimberlite claims." – Chairman Urban Casavant http://www.findarticles.com/cf_sccfrm/m0EIN/2002_Dec_9/95086487/p1/article.jhtml
4 months later: April 21, 2003 ->Exploration Project at Fort a la Corne established:
…Dr. Mark Hutchison, Casavant Mining's senior project geologist, recently spent two weeks in the field delineating targets
… identifying kimberlite targets on CMKM's mineral claims at Fort a la Corne,
…priority has been given to a core block … of CMKM's mineral claims which lie most contiguously with known diamondiferous kimberlites owned by other operators in the Fort a la Corne region.
….some 30 targets have been identified by Hutchison from regional aeromagnetic data provided by the Canadian Geological Survey
….Amongst these targets, five locations have been identified as being of highest priority and will receive first attention initially from ground magnetic survey crews.
…management also plans to continue to expand targets by use of airborne electromagnetic surveying under the supervision of project geophysicist Dr. Jovan Silic
…final geochemical analysis being undertaken in one of a number of internationally recognized laboratories under Hutchison's supervision.
http://www.findarticles.com/cf_sccfrm/m0EIN/2003_April_21/100402143/p1/article.jhtml?term=
CMKX Senior Project Geologist:
Mark Hutchison, Ph.D., graduated from the University of Edinburgh with a Bachelor of Science honors in geology in 1993. For the past 10 years Hutchison has been working on diamond research and has in-depth knowledge of diamonds from a number of worldwide localities, having completed his Ph.D. on the subject in 1997. Doctorate in mantle geochemistry and diamond geology from the University of Edinburgh in 1998. Credited and widely published for the discovery of two new minerals in scientific literature. Worked as a research associate for two years (1998-2000) at the University of Arizona's lunar and planetary laboratory with support from the U.S. National Science Foundation and NASA. Hutchison has been an invited lecturer on deep mantle diamonds at several institutions, has served as a chair for the American Geophysical Union and holds a position of honorary associate of the University of Sydney. Through his research he has developed models for prospecting for diamonds in non-classical settings particularly useful to Brazil, Australia and Canada. Hutchison has worked closely with Casavant Mining as a consultant since inception and is a candidate for the board.
LAS VEGAS--(BUSINESS WIRE)--Feb. 25, 2003
Dr. Mark Hutchinson, Consulting Geologist for Casavant Mining Kimberlite International (OTCBB:CMKM) was interviewed on 21 February, 2003 by Tom Allinder of HotStockChat.com.
During the interview, Dr. Hutchinson answered a variety of questions regarding CMKM's mining properties in the Fort a la Corne region in Saskatchewan, Canada. Topics include CMKM's strategy for exploration of their 1.9 million acres of property which surrounds De Beers/ Kensington and Shore Gold's possible valuation, as well as timetable for exploration and a background of the Fort a la Corne region. The interview may be accessed at http://www.hotstockchat.com. http://www.findarticles.com/cf_sccfrm/m0EIN/2003_Feb_25/98036193/p1/article.jhtml
*****Why Fort a la Corne, Saskatchewan, Canada?
“Canada is a world diamond power, threatening the De Beers Cartel.” Kevin Krajick, author of Barren Lands.
“The Fort a la Corne area could well be the most important diamond discovery of the century.” – Chairman Urban Casavant.
http://www.webfin.com/fr/forums/discussion.html?forum=metaux&file=5442.html
Mining companies -De Beers/Kensington/Cameco, Shore Gold, Diamonds North [DDN], Ashton[ACA], Global Prospecting Ventures [GPVI], United Carina Resources Corp, FOREST GATE RESOURCES INC to name a few are registering their presence in the FALC region.
Why?
Saskatchewan Economic News February 2004, Page 5:
Saskatoon: A gem-quality diamond was found in January in a core sample of Kimberlite from the 2003 drill program at Fort a la Corne. The 0.77 stone carat stone was weighed and measured by the Saskatchewan Research Council in Saskatoon.
http://www.ir.gov.sk.ca/adx/asp/adxGetMedia.asp?DocID=3369,3088,3087,2936,Documents&MediaID=6236...
1)
The Province of Saskatchewan has a unique geological environment for the occurrence of diamondiferous kimberlites. Protected by thick sedimentary layers left by an inland sea, Saskatchewan kimberlites bodies have escaped erosion. Unlike most kimberlites in South Africa and the Northwest Territories, Fort à la Corne kimberlites are almost intact with much of the kimberlite volcano still remaining. As a result, the Fort à la Corne kimberlite field contains the largest concentration of diamondiferous kimberlite in the world. The total mass for the field was estimated from modeled geophysical data and drilling intersections to 9 billion tonnes with a 30-metre thickness cutoff at the edges.
(Kensington/De Beers/Cameco)
Currently, land holdings held under the Fort à la Corne joint venture agreement comprise 121 claims totalling 22,544 hectares or approximately 57,000 acres. Of the 63 kimberlite bodies on this property, the joint venture currently is focusing on kimberlite body 141/140. Kimberlite body 141 and 140, both previously thought to be two separate bodies, are now understood to form a single, large kimberlite body estimated at over 500 million tonnes -- making it the largest macro diamond bearing kimberlite in the world.
http://www.kensington-resources.com/s/Property.asp
Saskatchewan Government states:
• We're the third-largest, non-fuel, mineral-producing province in Canada
• Total mineral sales in 2002 were $2.4 billion - about 8% of the provincial GDP
• The industry creates some 6,000 direct and 12,000 indirect jobs
• Our mining productivity is ranked among the highest in Canada
• The industry boasts significant external investment and private-sector leadership
• Our mines feature leading-edge, made-in-Saskatchewan technology, such as:
o Continuous mining equipment used in the potash industry
o Remote-controlled underground mining equipment at the McArthur River uranium mine
o State-of-the art tailings management facilities
• Some of Canada's highest-grade ore reserves
• Lower-cost mining operations
• State-of-the-art mining technology
• A well-trained, reliable, productive workforce
• Central location with excellent transportation services to North American and offshore markets
http://www.ir.gov.sk.ca/Default.aspx?DN=3348,3330,3328,2936,Documents
1b) Fort a la Corne pipes are virtually unprecedented in terms of their huge mass.
This means that while it involves exhaustive work in determining where concentration of diamonds are, it offers relatively LOW cost diamond mining.
See: http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=18909337
1c) Canada is now world’s third largest diamond producer by value, ahead of South Africa.
“Since its first major discovery of diamonds in 1991 and the subsequent start up of two mines, Canada has sprinted up the world diamond production rankings to now reach third spot, measured by the value of the stones it produces.
Canada is attracting almost half of all the worldwide exploration dollars spent on searching for diamonds, or about $125 million a year.”
TORONTO STAR:
“Canada climbs to third in world diamond output”
http://www.thestar.ca/NASApp/cs/ContentServer?pagename=thestar/Layout/Article_Type1&c=Article&am...
Forbes: Diamond Hunt Dice Seen Loaded in Favor of Canada
http://www.forbes.com/home_europe/newswire/2004/01/29/rtr1234489.html
DE BEERS Fort à la Corne Factsheet
http://www.debeerscanada.com/files_2/fort_a_la_corne/factsheet.html
(2)
Kimberlites were first discovered in Saskatchewan in 1988 at Sturgeon Lake, which is located approximately 50 km northwest of Prince Albert. This discovery which subsequently was determined to represent glacially rafted kimberlite material rather than an in situ pipe, resulted in a considerable amount of exploration activity by both junior and senior companies, particularly in this part of central Saskatchewan. On the basis of airborne magnetic and ground geophysical surveys large tracts of land were staked with the focus being the Fort a la Corne area, which is located some 80 km to the east of Sturgeon Lake.
During the next several years, drilling programs confirmed the existence of over 70 diamondiferous kimberlite bodies in spatially distinct clusters, with the main group located approximately 60 km east of Prince Albert. Referred to as the "Fort a la Corne kimberlite field", it extends for some 32 km in a narrow northwest trending corridor. Distinct smaller clusters of kimberlite have also been discovered both proximal to and at some distance from the main trend. The Candle Lake kimberlites for example occur up to 80 km north of the main kimberlite field. These outlying discoveries are indicative of the benefits of ongoing exploration and of the upside potential for the discovery of additional kimberlites.
The kimberlites in the Fort a la Corne area are unique, in that they largely consist of distinct layers of pyroclastic crater-facies rocks. Kimberlite volcanoes erupted periodically during Cretaceous time (98 to 112 Ma) into sands and mudstones that were deposited near the north-eastern margin of the broad Western Canada Sedimentary Basin. Geophysical modeling of the kimberlite bodies indicates a wide variation in their size. Individual kimberlites are estimated to range from 2.7 to 184 hectares, with tonnages ranging from 3 to 675 million tonnes. Diamond recoveries and grades are to date highly variable.
Reference: [http://www.pinechannel.com/s/Properties.asp?PropertyInfoId=632&View=1]
More on CMKM?
See:
Sept. 3, 2003--Casavant Mining Kimberlite International (OTCBB: CMKM) is pleased to announce the purchase of 25 mineral claims from North Sask Ventures Limited (a private company), approximately 10,912 acres in the Fort a la Corne area. After airborne magnetic surveys were conducted in the Fort a la Corne area, most of these claims were staked by previous claim holders, due to anomalies that were acquired from data taken from the airborne magnetic surveys. Two of the 25 claims are adjacent to known diamond-bearing property operated by Kensington (KRT), Cameco, and DeBeers Joint Venture in Fort a la Corne. Claim #S-135017 is south of kimberlite body #152 and claim #S-15016 is north of kimberlite body #168 both which are operated by the joint venture. Claim #S-135018 is adjacent and north of Shore Gold's (SGF) Birch Lake kimberlite. The remaining mineral claims are strategically located and are currently surrounded by numerous other claims held by CMKI and other claim holders in the area.
Reference:
http://www.businesswire.com/cgi-bin/cb_headline.cgi?&story_file=bw.090303/232465311
Brilliant strategy and vision of The Casavant Manoeuvre:
With local knowledge and months of research of geological/government reports of the Fort a la Corne area located in central Saskatchewan, Canada, Urban set forth to stake mineral claims in the hundreds of thousands of acres, most contiguously and adjacent to known diamondiferous kimberlite bodies owned and operated by other mining companies, prior to forming CMKM Diamonds (formerly: Casavant Mining Kimberlite International).
CMKM management believes the company’s future is bright as diamonds. The Company now has over 1,000,000 (one million) acres claimed in Saskatchewan which include Fort a la Corne claims, Green Lake claims and zinc claims that include the original George Lake Deposit (also known as Brakewell Lake) with options for hundreds of thousands more acres. CMKM Diamonds, Inc., recently initiated a drill program, with confirmed results of one of the thickest kimberlite bodies found to date in the Fort a la Corne area. With ongoing drilling on additional targets scheduled for diamond core drilling in the next few months, CMKM has purchased additional equipment and employed labor forces to allow year round drilling. As aerial and ground surveys determine the probability of targets, the company is prepared to purchase yet even more equipment and labor to meet the demand of harvest.
http://www.racingwest.com/news/story.php3/8679/index.htm
Now, CMKX holds claims covering 1,900,000 acres of this rapidly appreciating location.
MAP of Fort a La Corne: http://casavantmining.com/images/17x11_Oct03.pdf
****WHAT IS CMKM WORTH RIGHT NOW?
The Fort a la Corne area could very well be the most important diamond discovery of the century. CMKI has strategically planned more staked acreage than any of its surrounding competitors."
See: http://www.webfin.com/fr/forums/discussion.html?forum=metaux&file=5442.html
Notice the following:
1) De Beers/Kensington’s 141/140 kimberlite - referred to as the largest macro diamond bearing kimberlite anywhere in the world- is estimated to produce if mined, approx $500 million dollars a year, 800-1000 jobs for the local economy.[ http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=18909337] and is valued at $40-$80 Billion dollars. CMKM has claims alongside that rich location. This makes CMKM very valuable as an operation with huge statistical potential for astronomical profits. DeBeers et al. have 121 claims on their 57,000 acres. Shore Gold has claims on some 27,734 hectares. CMKM has claims on 1,900,000 acres. This is 33x larger than the De Beers area. Whatever success De Beers or Shore has in FALC, it will only increase the value of CMKM’s assets especially the strategically chosen claims around these other companies. Remember, it is almost certain De Beers/Kensington/Cameco will begin mining 140/141 shortly.
http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=18909337
2) Companies in the region have reported various amounts of financing from big-money investors. This suggests that big-money sees the potential here, it makes business sense to them, and they are willing to invest their dollars in Saskatchewan.
E.g.: http://www.kensington-resources.com/s/NewsArchives.asp
*See the article on Shore Gold at the top of the post under BREAKING FALC NEWS
Saskatchewan Economic News:
http://www.ir.gov.sk.ca/adx/asp/adxGetMedia.asp?DocID=3369,3088,3087,2936,Documents&MediaID=4685...
3) Various high-calibre experts have recommended stock of companies exploring in the FALC area as excellent investments. I urge you to do your research on this: you’ll be very surprised.
“By early 2004 the Saskatchewan diamond play could be a horse race to develop the world's largest diamond mine.” June 2003
http://www.kaiserbottomfish.com/s/Trackers.asp?printVersion=now&_Title=Tracker-2003-17-2002-FALC...
4) A company having claims on diamond-containing kimberlite bodies can a) prospect them for best diamond concentrations for subsequent mining b) make lucrative deals granting others permission to develop them or c) make deals involving sales of claims to other companies. How about all of the above?
5) Logistically, Fort a La Corne is a miner’s dream location. Urban Casavant’s timing could not have been better. Without taking into account the ensuing media frenzy, it would only take ONE full scale mining operation to begin on the Fort a la Corne territory to exponentially increase the market value of CMKM’s shares, amplify their deal-brokering power, and generally put the market value of the company in the multi-billion dollar territory. And it does not matter which company starts mining first! If the house next door is suddenly valued at $40 billion dollars and you own 33 houses on the street…? Wherever there are mine-able concentrations of diamonds on that property, Dr. Mark Hutchison is sure to find them. That’s his job.
In a world of monopolies, mergers and acquisitions, the economic value and leverage of CMKM’s 1.9 Million acres of claims cannot be over-overemphasized. See: http://www.kensington-resources.com/i/pdf/NorthernMiner_2003-06-23.pdf
See: 2001 article:
FORT A LA CORNE DIAMOND MINE IN SASKATCHEWAN COULD BE PLANNING FAST TRACK PRODUCTION.
“De Beers has decided that it has to focus on Canada”
“On the basis that 60,000 tones could be processed every day this means that the Fort a la Corne partners could be looking at a gross profit of around C$2 million a day. Now even De Beers has to take such a figure seriously…”
http://www.minesite.com/archives/news_archive/2001/April-2001/kensington16.htm
Companies in the area are still reporting compelling finds with statements to the effect that over 75% of pipes in the area are diamond-bearing and news media are still anxious to report it:
http://tacyltd.com/Research_Materials_Full.asp?id=53478
6) The unique geography (and hence enormous potential) and reported & un-reported diamond findings in Canada’s northern territories will keep big-money interested in this area for many many many years to come. This interest will not go away. There is incredible share price appreciation ahead for any company controlling a Canadian diamond mine, and many companies are struggling to do just that. And one company has incredible Microsoft-like control over this landscape of Fort a la Corne: CMKM Diamonds.
****CONCLUSION:
Every investment has a risk. Not investing also carries a risk. CMKX’s true power lies in LEVERAGE. While we may never have the opportunity to buy into another MSFT, we can buy into CMKX.
There is very real potential CMKX or another company could find something on the FALC that would send CMKX stock to .50 cents in a matter of days anytime soon. In fact, the articles you have read indicate some have already done so.
The product market is established,
the demand is proven globally,
the timing is impeccable,
diamond hype is always contagious,
and media frenzy/interest is guaranteed.
Consider: just how many penny stocks have this kind of potential associated with them? Remember, apart from market cap, the size of the audience plays a critical part in driving a stock price through the roof and unknown stocks often suffer for this reason. The level of investor interest as shown by internet traffic to the company website is dumbfounding: approx 2,591 hits per hour, over 2,000,000 hits in March 2004. Now throw in the unusual race car publicity that the company has embarked upon. Plus the press releases of Shore Gold, Kensington/De Beers adding to the value of the FALC. As this company’s popularity approaches critical mass, we just need the **product (diamonds), and if LOCATION is anything, CMKX is in very prime location indeed... The alignment of so many positive factors takes this company to a whole new level of play.
The math and the Risk/Reward ratio are blatantly in favour of a BUY and HOLD strategy. IMO-> Target price: $10.00+ within 2 years counting from the date CMKX (or anyone else) announces full scale mining has begun in the area, and assuming a O/S of 10 billion shares and only one mine at the start. JMO, that in the near term, expect around $0.05 if no news is released.
IMPORTANT:
Please refer respectfully to the following reports by other shareholders who met or talked with the company team. Please do not debase or disrespect anyone or any personal matters mentioned in the postings. I am including the links because they are publicly available and RELEVANT. Please show respect in your responses.
It has become public knowledge that Melvin’s wife is very ill. My wife and I wish them well, and our hearts/prayers go out to Melvin and his children. Please.
***MELVIN’s responses to shareholder questions:
http://cmkxdiamonds.proboards28.com/index.cgi?board=Melvin
***Shareholder Sightings of the CMKX team at the races:
http://www.investorshub.com/boards/read_msg.asp?message_id=2993907
http://www.investorshub.com/boards/read_msg.asp?message_id=2988474
http://www.investorshub.com/boards/read_msg.asp?message_id=2988612
http://www.investorshub.com/boards/read_msg.asp?message_id=2988647
http://www.investorshub.com/boards/read_msg.asp?message_id=2993907
http://www.investorshub.com/boards/read_msg.asp?message_id=2989637
***Shareholders who talked to MELVIN over the phone
http://ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=4042
http://cmkmdiamonds.proboards27.com/index.cgi?board=news&action=display&num=1083967303
***CMKM NEWS:
February 21, 2004
"The company also has interests in property near Green Lake, 180 kilometres northwest of Prince Albert. Casavant Mining will use an outside contractor for drilling in that area so its own rig can stay in the Fort à la Corne region.
Casavant said he’s happy to be at this stage.
“I’ve been at this prospecting and claiming land for about 15 years now,” said the self-taught prospector. “So I’ve been chasing this for a long time, and it’s finally all going to come together.”"
Prince Albert Daily Herald
http://www.juniorstocks.com/radthreads/thread.php?id=24
All the CMKX news below:
http://tools.thestreet.com/tsc/quotes.html?pg=qcn&symb=cmkx&x=7&y=4
****Message Board LINKS:
Thanks to Sterling for his intelligent board, SUBlime for her DD, Madison30ca for her mining research, rwctrader2004 and all the investors at the official CMKX message board for raising intelligent issues in their posts to Melvin.
Madison30ca on the Mining Process: http://cmkxdiamonds.proboards28.com/index.cgi?board=Madi&action=display&num=1083280428
Sterling’s Classroom:
http://www.ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219
InvestorsHUb: CMKM diamonds
http://www.investorshub.com/boards/board.asp?board_id=1561
RagingBull Board
http://www.ragingbull.lycos.com/mboard/boards.cgi?board=CMKX
Company Board:
http://cmkmdiamonds.proboards27.com/index.cgi?board=news
All Fort a La Corne News:
http://www.findarticles.com/cf_sccfrm/PI/search.jhtml?magR=all+magazines&key=fort+a+la+corne
Intersection of Kimberlitic Rock Announced by U.S. Canadian Minerals, Inc. - BusinessWire
6:00am 04/06/2004
U.S. Canadian Minerals Inc. Announces Intersection of Kimberlitic Rock - BusinessWire
4:30pm 04/05/2004
CMKM Diamonds Inc. Announces 'Carolyn Pipe' at 900+ Feet and Still in Kimberlite - BusinessWire
3:34pm 03/30/2004
CMKM Diamonds Inc. Announces 'Carolyn Pipe' Update - BusinessWire
2:27pm 03/29/2004
CMKM Diamonds Inc. Announces 'Carolyn Pipe' Update - BusinessWire
2:20pm 03/29/2004
U.S. Canadian Minerals Announces Option - BusinessWire
11:48am 03/29/2004
U.S. Canadian Minerals Announces Option - BusinessWire
11:40am 03/29/2004
"Without everyone involved from our shareholders to United Carina, Consolidated Pine Channel, U.S. Canadian Minerals, Mr. Ralph Newson, Dennis Miller and the drill crew (which have the combined experience of over 100 years and have been working around the clock) and all the others who made this happen, it would have been nearly impossible to achieve such a great accomplishment, such as this. We are looking forward to a long and lasting relationship, to continue our progress forward, and are aggressively pursuing additional drill permits for the next 14 priority drill targets already planned within the upcoming weeks for just the Smeaton area. Thank you for your patience and support." -Urban Casavant, President
CMKM Diamonds, Inc. Announces Kimberlite Ore Discovery
http://www.pinksheets.com/quote/news.jsp?url=fis_story.asp%3Ftextpath%3DCOMTEX%5Cbw%5C2004%5C03%5C29...
10:09am 03/29/2004
CMKM Diamonds Inc. Announces Drilling Video Footage Now Available on the Company Web Site - BusinessWire
12:50pm 03/23/2004
CMKM Diamonds, Inc. Announces Joint Venture Option Agreement With United Carina Resources Corp. and Consolidated Pine Channel Gold Corp. - BusinessWire
9:30am 03/22/2004
CMKM Diamonds, Inc. Announces Progress on Drilling and Exploration Program - BusinessWire
9:30am 03/18/2004
CMKM Diamonds Inc. Announces That Drilling Has Commenced Two Days Ahead of Schedule in the Fort a la Corne Area - BusinessWire
9:30am 03/15/2004
CMKM Diamonds Inc. Announces Drilling Program to Commence in the Fort a la Corne Area on Wednesday, March 17, 2004 - BusinessWire
9:30am 03/11/2004
CMKM Diamonds Inc., Formerly Casavant Mining Kimberlite International, Announces New Symbol - BusinessWire
1:01pm 03/09/2004
CMKM Diamonds Announces Assignment of New CUSIP Number - BusinessWire
9:30am 03/02/2004
U.S. Canadian Minerals Inc. & CMKM Diamonds Inc. Announces Joint Venture - BusinessWire
4:38pm 02/26/2004
CMKM Diamonds Inc. Successfully Negotiated Definitive Agreement for Major Airborne Survey - BusinessWire
9:30am 02/26/2004
Casavant Mining Kimberlite International Announces Name Change - BusinessWire
3:53pm 02/25/2004
NEWS ARTICLE FROM UNKNOW SOURCE:
http://www.juniorstocks.com/radthreads/thread.php?id=24
Casavant Mining Kimberlite International Obtains Funding of US $1.8 Million With Pledge For Additional US $3.2 Million - BusinessWire
9:30am 02/19/2004
INSERTING and REPLACING Casavant Mining Kimberlite International Obtains Funding of US $1.8 Million With Pledge For Additional US $3.2 Million - BusinessWire
9:30am 02/19/2004
Casavant Mining Kimberlite International Announces Summary of Drill Program to Commence - BusinessWire
1:11pm 02/13/2004
Casavant Mining Kimberlite International Announces Delay Set for Name Change and CUSIP Number - BusinessWire
9:30am 02/04/2004
/C O R R E C T I O N -- Casavant Mining Kimberlite International/ - PR Newswire
1:05pm 01/28/2004
Casavant International Mining, Inc. Announces Short Delay for Final Approval of MRDR/CIM Share Exchange - PR Newswire
9:05am 01/28/2004
Casavant Mining Kimberlite International Announces Application for Name Change and New CUSIP Number - BusinessWire
9:30am 01/27/2004
Casavant Mining Kimberlite International Announces Purchase of Drill Rigg, Accessories, Extra Equipment for Drilling - PR Newswire
8:02am 01/21/2004
Casavant Mining Kimberlite International Announces MRDR Share Exchange And Spin Out of CIM Subsidiary Approved - PR Newswire
9:02am 01/15/2004
Casavant Mining Kimberlite International Announces Retirement of 1.8 Billion Shares - PR Newswire
9:05am 01/09/2004
Casavant Mining Kimberlite International Announces Green Lake Target Drill Ready - PR Newswire
9:03am 01/05/2004
Casavant Mining Kimberlite International Announces Negotiation With Two Public Companies for Buyout of Mining Claims - PR Newswire
9:05am 12/29/2003
Casavant International Mining, Inc. Announces Spin-Out - PR Newswire
11:02am 12/19/2003
Casavant Mining Kimberlite International Announces That Targets Have Been Selected to Commence Drilling on Green Lake and Forte a la Corne - PR Newswire
12:02pm 12/18/2003
Casavant Mining Kimberlite International Announces That the Company Has Officially Retired 16.5 Billion Shares Back to the Treasury - PR Newswire
3:17pm 12/17/2003
Casavant Mining Kimberlite International Announces that Spin-Out Company CMI To Go Public Within Two Weeks - PR Newswire
9:08am 12/08/2003
Casavant Mining Kimberlite International Gives Update of Public Diamond Exploration Working Partners - PR Newswire
9:07am 11/20/2003
Casavant Mining Kimberlite International Continues Excavation Work and Plans to be Drilling in Forte a la Corne Shortly - PR Newswire
8:16am 11/17/2003
Casavant Mining Kimberlite International Begins Excavation Process For Kimberlite Indicators in Green Lake Area - PR Newswire
12:33pm 11/13/2003
Casavant Mining Kimberlite International Successfully Claim Stakes Approximately 100,000 Acres of Land for Diamond Exploration - PR Newswire
8:34am 11/11/2003
Casavant Mining Kimberlite International Successfully Claim Stakes Additional Land for Diamond Exploration - PR Newswire
9:09am 11/10/2003
Casavant Mining Kimberlite International Successfully Negotiates Closure Of Diamond Claims in Potentially New Diamond Discovery Area - PR Newswire
9:03am 11/07/2003
Casavant Mining Kimberlite International Announces Update of Magnetic Work for Drilling and Retires over 20 Billion Shares of CMKM Stock to Date - PR Newswire
10:32am 11/06/2003
Temporary Drilling Delay at Fort a la Corne for Casavant Mining Kimberlite International - BusinessWire
9:30am 10/30/2003
Casavant Mining Kimberlite International Announces Retirement of Another 4.4 Billion Shares for a Total of 13,420,371,427 CMKM Shares of Stock to Date - PR Newswire
8:30am 10/20/2003
Casavant Mining Kimberlite International Announces Retirement of 9,020,371,427 CMKM Shares of Stock - PR Newswire
10:51am 10/10/2003
Casavant Mining Kimberlite International Clarifies Record Date for CMKM 2 for 1 Stock Split - PR Newswire
1:05pm 10/03/2003
Casavant Mining Kimberlite International Announces Retirement of 6 Billion CMKM Shares of Stock - PR Newswire
9:01am 09/30/2003
Casavant Mining Kimberlite International Announces Approximately 172,970 Acres Of Claims Added In Fort a la Corne - BusinessWire
9:30am 09/24/2003
Casavant Mining Kimberlite International Announces Corporate Web Site - BusinessWire
2:13pm 09/22/2003
Casavant Mining Kimberlite International X Dividend Date September 19, 2003 For Zinc Spin-Out. - BusinessWire
11:03am 09/19/2003
Casavant Mining Kimberlite International Enters Into Joint Venture Agreement For Development Of Mineral Claims - BusinessWire
9:30am 09/19/2003
Casavant Mining Kimberlite International Announces $900,000 Funding from Three Diamond Exploration Companies - BusinessWire
3:32pm 09/18/2003
Casavant Mining Kimberlite International Announces Diamond Drill Core Sampling To Commence In October - BusinessWire
9:31am 09/17/2003
Casavant Mining Kimberlite International Recent Developments and X Dividend Date, September 12, and September 19, 2003. - BusinessWire
9:30am 09/12/2003
Casavant Mining Kimberlite International Announces Purchase of 25 Mineral Claims and Ground Magnetic Survey Update - BusinessWire
9:30am 09/03/2003
Casavant Mining Kimberlite International Announces $3,000,000 Contract for Mineral Exploration and Drill Contract Program - BusinessWire
9:30am 08/27/2003
Casavant Mining Kimberlite International Clarifies Payable Date for CMKM Stock Split and Dates of Record for CMI Spin-out - PR Newswire
10:05am 08/22/2003
Casavant Mining Kimberlite International Spin-Out and Share Distribution To All CMKM Shareholders - PR Newswire
2:57pm 08/21/2003
Casavant Mining Kimberlite International Announces a Two for One Forward Stock Split for All Shareholders of Record - PR Newswire
10:45am 08/19/2003
Casavant Mining Kimberlite International Announces a Two for One Forward Stock Split for All Shareholders of Record - PR Newswire
10:44am 08/19/2003
Casavant Mining Kimberlite International Recent Developments for Fort a la Corne - BusinessWire
2:59pm 08/07/2003
Casavant Mining Kimberlite International Drilling Permit Application Approved by Board - BusinessWire
1:12pm 07/23/2003
P/s: I now hold 10 million shares and I would buy more if only I could. I will be long for at least 3yrs and expect a profit of $50-$100M.
Chrsyler300C
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