One Step Ahead

[dustybutler1]

WHY DID SGGM PAY CMKX $10,000,000 + 200B RESTRICTED SHARES???

"CMKM Diamonds Inc. (Pink Sheets:CMKX) is pleased to announce that the Company has finalized a joint venture agreement where St. George Metals, Inc. (Pink Sheets:SGGM) will purchase a 5% unencumbered and absolute interest in any and all mineral claims held by CMKM Diamonds, Inc. in consideration for $10,000,000 US Dollars and two hundred billion (200,000,000,000) restricted shares of SGGM."

http://www.pinksheets.com/quote/news.jsp?url=fis_story.asp%3Ftextpath%3DCOMTEX%5Cbw%5C2004%5C09%5C02...

WHY????

Sure is a ton of money to pay for 5% of 'unproven' mineral claims... from a company that had no assets... maybe still has no assets, other than 5% of our mineral claims...

Why did SGGM hire Barry Rayment, CEO of DMXP to be their advisor??

"The Company has retained the services of Barry D. Rayment, Ph.D. who has many years global mining experience and has worked for BP Exploration and other major mining companies. No work has been given to Mr. Rayment yet but his services have been retained to examine any claims the Company considers. There is no guarantee that any fruitful claims will be forthcoming.

The Company is considering exploration in Northern Arizona this month. No contracts have been entered into at this time."

ANYONE KNOW WHO/WHAT IS LOCATED IN NORTHERN ARIZONA??????

$10,000,000... a whole lot of money!!!!!