Hi donilo, good post as was the
one you wrote this afternoon. Well stated, and we agree more than we don't on the subject.
The times I have called CMKX's number (7), I didn't feel it board-worthy to make my posts an activity log of messages left for Melvin. E-mails to CMKX have gone unanswered from many, including myself. In the 3-5 sent (not sure on exact # - I don't save any e-mail I send unless it's for my business) none were answered. Again, a non-event and would have posted any response from CMKX/Melvin if received. Urban is unreachable to other than a select few.
I lost money in IBZT. Some probably lost more than I did. The red flags began to show themselves at a time of crossroads earlier this year, and pumpers and bashers had at it.
IBZT taught me a lesson I am applying here. The caution in my posts is for the hope that people are only invested what they can afford to lose or, remain holding long with CMKX. We're drilling 2.5 inch bore holes. Echoing what I've said often, we aren't going to get "motherload pr's" from test drilling. All I'm saying is the clearest fact of all is that over the past 2 years of pr's, message board communications, phone calls with shareholders, internet radio interviews, paltalk and in person contact at the races, there are more questions than answers about many aspects of CMKX/UCAD/GEMM/ECPN/SGGM.
A good result from the Oreo pipe is what I'm hoping for. With it and a better than expected O/S, a run to .05 can happen.
Without a good result and a higher than expected O/S, many who have invested at higher levels than .0003/.0004, will be waiting much longer just to break even.
I will not be adding any more CMKX at these or .0002/.0003 levels. So many, including myself, tell all who care to read the posts, about the good times when they are rolling and the possibilities that go with it.
Very simply, some red flags have caught my attention, and no different than before, I'm calling it like I see it. Working for one mid sized company, one large company, and now owning a small business of my own, a company's fiduciary and ethical duties are just that: Duties. Their's is a duty to their employees, customers, debtors and shareholders under a code of ethics and the law. It should never be the duty of any of these mentioned to pull answers from any company which have remained unanswered for 2 years.
However, even in trying to do so, no e-mail response or no return calls have been the norm rather than the exception here.
Some are saying watch 9-24 and 10-1 regarding the dividends. I've already given my opinion about dividend valuation in a previous post, so indeed we'll see how it plays out.
I'm watching the stuffing in the center of our Oreo myself.
If well-stuffed, hopefully our share structure will be reasonable to throw us into a run similar to QBID, or higher. Results encouraging enough for them to proceed with bulk drilling would do just that.
Pass the milk, and who's on popcorn duty tonight? : )
Nite all,
Bo
AI
