CMKM Diamonds Inc. (fka CMKX)

[jon_e_og]

I will liquidate some at .01

that would give us a market cap of .01 x 483,000,000,000 =

$4.8 Billion

you feel this company is worth 5 billion dollars? Not unless they make a huge find @ this new Kimberlite body...IMO

right now, using the ucad deal, our 'intrinsic value' is about $750,000,000 which divided by the O/S of 483 Billion gives us a fair value at .0016

so I think the first "realistic" profit taking point is .002, unless of course there is a huge diamond find or some evidence of a naked short position.