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Re: RichieBoy post# 64308

Wednesday, 07/28/2004 12:20:20 AM

Wednesday, July 28, 2004 12:20:20 AM

Post# of 358440
RichieBoy

Take it easy. Yes, in the long run a diamond mining company has to do some drilling and find some diamonds but that part of the business isn't what's driving this company over the next 30 days.

The aerial survey did show HUNDREDS of magnetic anomalies on their property so what did CMKM do, they went out and acquired the mineral rights to even more property. This is certainly not normal for a Pink Sheet company to be doing.

It's also not normal for a very reputable partner in a New York law firm to be heading out to Saskatchewan just to have a look around.

The land claims that they sold to UCAD have caused UCAD stock to jump 150% during July.

What I was trying to imply is that there is far more going on here right now than poking holes in the ground and searching for diamonds.

This isn't hype. CMKM is grossly undervalued. The 7.5 million UCAD shares that they will be paying out as a dividend are now worth $50 million.

As for drilling, there isn't too much difference drilling in the middle of summer or the middle of winter. It's actually easier moving heavy equipment around during the winter when everything is frozen. Peak drilling season in the oil and gas industry in Canada is definitely not during the summer months.

Sit back and relax during August. A lot more pieces of the puzzle will come together.
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