CMKX, the last 2 sentences say a lot for the long term.
"Casavant and Maheu will together be looking into the company and
setting forth exactly what CMKM Diamonds needs to do in order to be successful in its current endeavors. The two look to bring in a president to the company that has successful history in geology and mining of natural resources."
My take on it is this: From what we have seen over 2 1/2 years and currently, there is potential galore but it has been tough seeing how the company has been managed at times and how the investor relations dept. has had issues.
Having Mr. Maheu serve on the board doesn't pull 1 carat of diamonds from the ground, but these last 2 sentences tell me CMKX is finally going to get serious about diamond and mineral exploration. : )
In seeking a president is in effect replacing UC from such duties. It takes a very large man of strong character to realize this as UC does. I'm seeing this move as letting UC and Mr. Maheu do what they do best. In turn, they will hire the best to run the mining operations. It isn't a stretch to say that we could debate whether UC has or doesn't have the qualities of a president, but it is beyond debate that he is one hell of a people person and promoter.
So let the new president manage the "potential galore", and let UC and Mr. Maheu handle communication, promotion, deals and government affairs. Once the president is selected, then over time the team can begin to work to someday soons turn all that potential into value. : )
CMKX has had other pr's and events which all appeared to add credibility at the time. This is a good pr which holds much the same promise and maybe even more. The contact base has certainly expanded with Mr. Maheu on the board. Watch for any signs of new share issuance, but beyond that we'll see what good can be built from here to devlop the FALC region more than in the past.
It's certainly a pr that will be referred to for a long time to come.
Bo
