CMKM Diamonds Inc. (fka CMKX)

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CIM IPO: Reasonable Thoughts from lowriderbill

lowriderbill
Diamondologist

member is offline

Joined: Oct 2004
Gender: Male
Posts: 258
Location: Portland Oregon
Re: Elo on CIM IPO from RB
« Reply #42 on Today at 1:17pm »

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Gs8v,

Just a couple of thoughts you may or may not agree with. I don't think the amount of shares will matter if the valuation is there. Remember the comments from the geologist's report on DeBeers 58,000 acres a couple years ago? He stated 40-80 billion and that was for only one viable kimberlite.

$40,000,000,000 / 40,000,000,000 shares = $1.00

$80,000,000,000 / 40,000,000,000 shares = $2.00

IMO, CIM will be the vehicle that develops the most promising claims being held by Dhonau and Koch. According to the TDEM, there are hundreds of anomalies and that includes the "oreo" kimberlite. Add in the uranium claims, zinc claims, possibility of oil, and anything else that's been acquired by CIM and I think we'll have no problem finding an underwriter. My bet is on Smith Barney to handle the IPO. I understand your concern about the number of shares, but if our one million acres has what we think it has, CIM will be amazing.

Thank you for your reply...

Lowriderbill

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