CMKM Diamonds Inc. (fka CMKX)

[janice shell]

Sheesh.

I posted a similar message earlier, and one person added that a R/S is also a threat to pennystocks, which is true, but for these calculations, I ruled it out because Melvin has repeatedly stated there are no plans for a R/S.

You think this company can support an o/s in excess of 400 billion? That's my guess, of course, but unless the numbers are awful they wouldn't have gagged the TA.

Are you familiar with Urbie's past? Does the name Petro Plus ring any bells? Urbie was the CEO; another officer was Randy Studer. Petro Plus was pumped, dumped, and delisted. Urbie resigned at that time, and Studer took over. He did a reverse split and changed the name to Northen Star. Then he did another reverse split and changed the name to Odaat. Then yet another reverse split and name change to Explor Resources.

But don't worry: Urbie and Randy are still very close buddies. In fact, Randy owns both North Sask Ventures and Durama:

Casavant Mining Kimberlite International Announces Purchase of 25 Mineral Claims and Ground Magnetic Survey Update

Wednesday, 03-Sep-2003 6:40AM PDT
    
Story from Nv Casavant Mining via BizWire
Copyright 2003 by Business Wire (via ClariNet)

LAS VEGAS--(BUSINESS WIRE)--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, 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.

Durama Enterprises Ltd. which was recently awarded the mining and exploration contract for CMKI have mobilized their crews and are currently working on the first phase of the contract. Durama has obtained and is authorized work permits which were issued by the Saskatchewan Environment approved for these 25 mineral claims and the previously announced 30 priority targets selected by senior project geologist, Dr. Mark Hutchison. These work permits are issued for line cutting and ground geophysics which include magnetic surveys, as well as gravity surveys. Seven targets of the first 55 selected have had ground magnetics completed by Durama on them with a gravity survey follow-up to commence shortly. Results for the first 7 targets are expected later this week or the first of next week. If the gravity survey is confirmed positive, the target will be drill-ready.

http://quickstart.clari.net/qs_se/webnews/wed/dp/Bnv-casavant-mining.Rx2u_DS3.html