Friday, July 23, 2004 4:32:33 PM
Here's an old post being recycled. Link at end of post.
Fuzzy Math?
Kim
Fw: New Dr.GOLDEN OLDIE NEEDS TO BE RE-READ reposted from May 28 & June 8
I believe most don't believe the FACTS! http://tinyurl.com/4d4ud
The reasonable facts are enough to believe in CMKX!
Most can't or have a hard time believing that something good can
actually come their way. I guess like most of us after you get
burned enough the tendency is to turn critical and cynical. Let's
see if we can put aside the criticism, sarcasm, and look at
reasonable amounts with no maybe's or speculations! Just a
reasonable breakdown of what we know and we can go from there!
Everytime some brings up substantial DD that the value of the
company is significantly more than people can imagine they shoot it
down and think the individual is a pumper.
I know the A/S (Authorized Shares) is 500 billion shares. But we
also know that in February the O/S outstanding shares was around 37
Billion. Just because 500 Billion are authorized doesn't mean they
have been used.
Retiring of Billions of shares has taken place and the PR's attest
to it. Even if none has been retired since Feb and the O/S is still
37 billion or even twice that at 74 Billion (which I doubt) the pps
is WAY UNDERVALUED!
If we just take the Smeaton Property, regardless of the other 1.9
million or 3 million acres we have, the Smeaton property is 22,447
acres I believe. If you use the DeBeers valued property of approx.
58,000 acres at 40-80 billion dollars then we could reasonably
assume that Carolyn and Smeaton is worth half of that at 20-40
billion. This alone when compared to the 37 billion O/S in Feb would
make the pps worth approx .55 to 1.05. No hype, no asuming the other
1.9 or 3 million acres has anything or any value at all.
On Carolyn and the Smeaton property alone we can reasonably expect
to have a pps of .55 to 1.05 or if there is 74 Billion O/S we would
still be looking at .28 to .52 cents for our pps on Smeaton and
Carolyn alone!.
And if there were 148 billion O/S we would still be looking at a pps
of .14 to .26 on Carolyn and Smeaton alone!
And if there were 300 billion O/S our pps would still be at .07
to .13 on Carolyn and Smeaton alone.
Or if even a Max A/S for our O/S of 500 billion then our pps is
still at .04 to .075 on Carolyn and Smeaton alone.
I don't see how anyone can argue with that!
Now as a bonus, lets do a VERY CONSERVATIVE CALCULATION!
Debeers acreage is valued at around 700,000 per acre. Lets take one
third of that and say CMKX acreage is only worth 230,000 per acre.
When you multiply 23,000 per acre times 1.9 million (low side
estimate of acreage) you get 437 Billion.
With our acreage in Smeaton and Carolyn valued equal with Debeers
and our additional acreage valued at only 1/3 of that of Debeers we
arrive at a minimum pps of:
Low end value compared to DeBeers:
$20 Billion for Smeaton and Carolyn
437 Billion for remaining acreage
------------------------------------------------
457 Billion low end value - With 37 Billion as an O/S we are looking
at a pps of 12.35 low end
High End
$40 Billion for Smeaton and Carolyn
$874 Billion for remaining acreage
----------------------------------------------
$914 Billion high end value - With 37 Billion O/S we are looking at
a pps of 24.70 high end
With the Low end being a pps of 12.35 at 37 Billion O/S then if you
double the O/S to 74 Billion the pps would be 6.18. If you double
the O/S again to 148 Billion then the PPs is still at 3.09 on the
low end. If you double the pps again to 300 Billion the pps is till
at 1.55 on the low end. I believe the low side of the tape is more
than enough to convince any investor.
But lets take a look at the high side of this minimal amount I have
presented. With the High end at 24.70 at 37 Billion O/S then if you
double it to 74 billion O/S your pps is still 12.35. If you double
your O/S again to 148 Billion O/S your pps is still 6.18. Then if
you double your O/S again to 300 billion O/S your pps is still 3.09.
People this is not pumping this is taking the low side of everything
presentable that we actually can confirm as fact!
To think there is 500 Billion outstanding shares would be ludicrous.
But for the sake of the nay sayers we'll take it a step further to
the max 500 billion O/S.
Low side = .914 pps rounded off to a .91 cent pps
high side = 1.828 pps rounded off to a 1.83 dollar pps
If you don't believe then sell. But if you just want to moan and
groan because we believe it is going to reach .91 or 1.83 cents then
leave us alone.
The FACTS line up. That is .91 low side and 1.83 high side if the
maximum 500 billion A/S is the actual O/S.
Personally with the Feb advertisement by CMKX stating 37 Billion O/S
plus Urban's statement that INVESTORS had already given $1.8 million
and another $3.2 million was coming when the work was to begin. I
would be amazed if the O/S is over 50 billion because the only
reason to sell shares is to raise money. But if you have investors
kicking in then there is no reason to float any more shares into the
market.
What does that mean? If we have 50 Billion O/S instead of the 500
Billion max then you can multiply the low and high pps by 10.
Meaning that the low end pps would be $9.14 and the high end pps
would be $18.28.
No hype! No shuck and Jive! Just plain basics.
Keep believing CMKX! Your sub penny investments are going to be
worth millions. You can take that to the bank!
Why? Because what I presented above is the flat base line for our
pps. Not only that, I believe we have diamonds and plenty of them.
I am not a pumper just a sound reasonable investor trying to make a
dollar and help protect my fellow investors from bashers or any one
else that has an opinion outside the truth as it is known to be!
We don't have a lot of the facts we would like to have, but WHAT WE
HAVE IS ENOUGH FOR NOW! Even if you break it down to a 25 percent
haul it is still more than enough! Understanding that we may only
pull 25% of this here are the calculations updated!
Our low end of $9.14 X .25 = $2.28
Our high end of $18.28 X .25 = $4.57
This is my opinion and I ask that you treat it as such! But as for
the facts, they speak for themselves! I believe the basic premise is
FACTUAL and you can do with it what you want!
Dr.D
http://cmkx.proboards35.com/index.cgi?
board=general&action=display&num=1090605814
http://tinyurl.com/4d4ud
====================================================================
THIS MAKES JAWZ_2020 51% SURE OF GETTING A GAIN OF 3,900% @ 2 CENTS
(IF YOUR BASIS IS .0005) - LOL
BTW, I HAVE BEEN UNABLE TO SELL AT .0005
HAS ANYBODY ELSE? HUH??
HAS ANYBODY BEEN ABLE TO BUY FOR .0004 ?
HUH??
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