drde, we agree more than disagree in your post #12998.
Both points of agreement and disagreement are very important topics.
Our point of agreement is regarding what to expect at this stage of exploration. I thought I was going to remain the lone voice, standing with the megaphone on the porch roof cautioning not to expect our test drilling to be similar in nature to what Debeers and Shore Gold are pulling out of the ground. I still see "motherload" posts and "diamonds as big as golf ball posts" and people clamouring to posts of that nature. I could care less who gets credit for who posts information. I just want to offer information and perspective, and read posts from others that give us facts to make decisions and help each other. What I offer and look for in other posts is information that is correct and on point. As for my posts regarding what to expect from these results, I cared not that I was the lone wolf. Yours is the first post I have seen that mirrors my past posts and view on what is to occur.
Most important, it is correct.
Where we disagree is on the effect positive results will have on CMKX's pps. Respectfully drde, positive news will have a positive effect on CMKX's pps. Shore Gold's pps moved higher on good news this week. SGGM's and UCAD's share price have moved higher and sustained their levels since their involvement with CMKX. We saw it in June with CMKX's share price. We can agree to disagree here, but logic and market emotion will drive the price of CMKX to levels mutiples higher than today's close.
I've discussed before the contradictions in the market and how it prices some stocks. I could list example after example, but let's only look at TASR's share price from the big board.
Understand TASR just went through a forward split about 3 months ago. Look at how strong their pps has moved. Now look at their current financials. Not too impressive to support such strong movement in their pps this year. Emotion, promotion on the 6:30 news, and what is projected as future value and income are all factors of what we are seeing.
QBID is an example closely related as it is a pinksheet stock.
People putting just 10,000 in QBID at the beginning of Feb became millionaires in 2 months. Many made 10's or hundred's of thousands of dollars from it as well. When it move like it did in April, not $1 had been earned (still the case) and they weren't on the air at the time.
Yes, our share structure may be large, but so is the potential value of our claims. A move to .01 or even .02 can happen based on emotion, promotion, new money and momentum which can run a stock hard. We have seen example after example in companies with far less promise and potential value than CMKX make very impressive moves.
The final point we can agree to disagree on is the Debeers and Shore Gold claims. It's only indirectly related to CMKX so I'd rather not debate this point beyond here. You only have to ask yourself 2 questions here. 1) Have Debeers or Shore Gold folded up shop and left the region? The answer is of course no. 2) Has either company pleged additional millions to further develop the FALC region? Yes is the answer. Your conclusion that Shore Gold's mine may well not be minable is a stretch in my opinion. Again, you are free to conclude as you wish, but anyone with a logical mind can read the last 1 1/2 years of pr's from Shore Gold and draw their own conclusion. I see all indications that they are meeting their goals and seem eager to proceed from here.
I appreciate what you say, but market forces, including emotion, money from the sidelines and momentum will move CMKX's pps on positive news. We only have to look back 3 months for evidence of this.
Be well, Bo
AI
