janice shell: in one or two sentences, what are your prospects for CMKX from current levels (ie: .0006). I know its high risk, but relatively speaking (in the world of pinks), what do you think of CMKX??
I think it's a crap shoot right now. There just isn't enough information available. In the blur of rumor and fluff prs, I think many people have lost sight of the fact that the company has provided very little real information about its operaations, and none about its share structure.
Most cooler heads realize that if CMKX intends to mine its properties, it won't see revenues for years. If that's their intention, there may be spikes at time in future, but the fundamentals won't justify a huge increase in stock price. If they mean only to do exploration and then sell the mineral rights, rewards could come more quickly. Of course they could also fail to find anything at all that could be exploited economically.
As for the share structure, the rumormongers say Melvin and Urbie have promised to reveal it "soon". I wouldn't put much faith in that, but if it really is their intention to attempt relisting on the OTCBB, then that information will eventually become available. But I very much doubt that they'll be filing in the immediate future: don't forget that they have about two years' worth of Ks and Qs to catch up on.
So we return to point one: it's a crap shoot, and likely to remain one for some time to come.
