One Step Ahead

[Bo14172]

Memory Lane - Chapter 2 - Seeing part of CMKX holdings.

There are other chapters coming showing the imbalance of accurate information during what I've seen as a very large dilution effort, such as has never been seen before performed by prior management. I'll get back to my notes from time to time and pick up where I left off....still in 2002. LOL

Guys, the pr's were silly during this time. But one pr wasn't silly. It was very key to why we are here. It was a pr, but in fact wasn't a pr at all. The press release referred us to the filing of their DEF 14C filed on February 03, 2003. The pr was professional, informative and provided the link to the DEF 14C filing itself.

Of importance was the official transformation of Cybermark into the the holding of the Casavany family's mineral claims.

From the filing, we find some of our claims:

http://knobias.10kwizard.com/filing.php?repo=tenk&ipage=1993760&doc=1&total=&back=2&....
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"Purpose and Effect of the Board of Directors Election

On November 25, 2002 the Company agreed to acquire the Casavant Family Mineral Claims in certain kimberlite deposits located in the Province of Saskatchewan, Canada. The Mineral Claims were held in the name of five companies owned directly and/or beneficially by the Casavant Family and Morgain Minerals, Inc. (a company held by third parties with the claims under option). These companies include Commando Holdings, Ltd., Buckshot Holdings, Ltd., 101010307 Saskatchewan Ltd., 101012190 Saskatchewan Ltd., and 101027101 Saskatchewan Ltd. In addition, Fort a la Corne Diamond Fields, Inc. acted as the claims and exploration manager for the five companies above, as well as, the claims held by Morgain Minerals, Inc. Each of these companies have agreed to transfer 100% of the Mineral Claims to the Company in accordance with the Mineral Disposition Regulations of Saskatchewan, 1986.

On October 28, 2002, Fort a la Corne Diamond Fields, Inc. completed a report on the five parcels of mineral claims held by Commando Holdings, Ltd., Buckshot Holdings, Ltd., 101010307 Saskatchewan Ltd., 101012190 Saskatchewan Ltd., and 101027101 Saskatchewan Ltd. The report also covered the claims of Morgain Minerals, Inc. All of the parcels were registered between March 2001 and March 2002 as listed in Table 1.



Table 1 (1)

Registered Owner
Area(2)
Due Date (3)
Paid Cnd
USDollar

Buckshot Holdings Ltd. (50%)
Commando Holdings Ltd. (50%)
78,177
March 2 and 9, 2003
$938,124
$614,037

101010307 Saskatchewan Ltd.
70,427
May 11, 2003
$845,124
$553,165

101012190 Saskatchewan Ltd.
81,568
August 16, 2003
$978,816
$640,629

101027101 Saskatchewan Ltd.
8,320
March 20, 2004
$ 99,840
$ 65,345

Morgain Minerals Inc. (4)
9,216
March 20, 2004
$110,592
$ 72,382

Total
247,708


$1,945,987


(1) Table 1 was prepared by P. Robershaw, P. Geo. for Fort a la Corne Diamond Fields, Inc. in connection with the properties.

(2) 1 hectare equals 2.46 acres with 247, 708 hectares equaling 609,361.68 acres.

(3) Based on U.S. Dollar/Canadian Dollar exchange rates, the amounts paid for the claims equals $1,945,987.00 USD as of January 30, 2002 exchange rates, but were valued at $2,000,000 USD on the date of the merger which is November 25, 2002.

(4) The claims of Morgain Minerals Inc. are under option, but are included.

The claims comprise a substantial and largely contiguous land position in a favorable exploration setting in the vicinity of the Fort a la Corne kimberlite bodies. In all, the properties consist of 636 claims with a total area of 247,708 hectares (611,625 acres). The 5 properties are located in central Saskatchewan within 100 kilometers of the City of Prince Albert and are largely accessible by road. Mineral dispositions in Saskatchewan are administered by the Saskatchewan Industry and Resources ("SIR"). The properties fall entirely within the surveyed portion of the Province of Saskatchewan.

In 2003, expenditures of $2,762,064 Cnd ($1,807,469 USD) will be required to retain the claims. In 2004 and subsequent years (until 2012) the required assessment expenditure will be $2,972,496 ($1,945,133 USD). After ten years, the annual expenditure on the claims increases to $25 Cnd ($16.36 USD) per hectare. Grouping of contiguous claims is allowed to a maximum block size of 10,000 hectares. Reports submitted to the SIR in support of assessment filings are retained on a confidential basis for three years, or until the claims lapse whichever is earlier.

Claims are defined in terms of legal sections or subdivisions. Road allowances, typically 20m in width, fall between the sections and are separate legal entities. In 2001, Saskatchewan Energy and Mines (now Saskatchewan Industry Resources ("SIR") amended the description of mineral claims in the surveyed portion of the Province to allocate road allowances to adjacent claim holders so that claim coverage could be seamless.

The majority shareholders of the Company have taken the following action since the Acquisition Date."
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Then later in this DEF 14C filing we find this:

"Juina Mining Corp.

As previously announced on December 4, 2002, the Company entered into a Letter of Intent to acquire Juina Mining Corp. (Pink Sheets "GEMM"), a diamond company with working interests in producing diamond fields in Brazil. The negotiations are still on-going with no definitive closing date. The election of Messrs. McFadden, Bending, and Taulli are subject to the completion of a definitive agreement between the Company and Juina Mining Corporation. The Company believes that these negotiations should be completed before March 1, 2003.

Other Mining Claims

As previously announced on January 6, 2003, the Company is negotiating to acquire zinc claims in Saskatchewan, Canada. The acquisition of the zinc claims is still in negotiations with no definitive closing date.

Pink Sheet Acquisition

As previously announced on January 6, 2003, the Company is negotiating with a Pink Sheet listed company as an acquisition and merger opportunity. To date, the negotiations are on-going with no definitive closing date.

Acquisition of Jade

On December 30, 2002, the company acquired Fifty Million Dollars ($50,000,000) worth of Ancient Chinese Jade as appraised by Elizabeth Childs-Johnson, from Opal Financial and Development Corporation, for a total of Five Hundred Million Shares (500,000,000) of common stock of the corporation. The company intends to use the Jade for forthcoming exhibitions in conjunction with Casavant Diamonds to promote the Casavant name.

Representative Office in Antwerp, Belgium

As previously announced on December 9, 2002, the Company announced that it was sponsoring a representative office in Antwerp, Belgium. The purpose of the representative office is to promote the "Casavant" brand of diamonds and to assist in the support of worldwide measures to promote "conflict free" diamonds. The representative office is still pending with no definitive operational date.

CMKI Website

As previously announced on December 12, 2002, the Company was launching a website. The website is currently under construction with no definitive operational date.

Share and Cash Dividend Policy

As previously announced on January 7, 2003, the Company approved a mandatory cash and share dividend policy. At the majority shareholders' meeting it was determined that the dividend policy should be reviewed by the newly elected Board of Directors. Until such review has been completed, there will be no mandatory dividend policy in effect.

Exploration Program 2003

As previously announced on December 2, 2002, the Company was negotiating for a drilling rig and proposed a drilling budget of $8,000,000 Cnd or $5,334,000 USD. At the majority shareholders' meeting it was determined that the Exploration Program for the Company's Casavant Mineral Claims in the Fort a la Corne area would require more than one drilling rig. Pending budget approval, the drilling rig and other equipment necessary for the exploration program will be deferred. The Company believes that it will need an exploration budget of $5,000,000 USD in 2003 for the Casavant Mineral Claims in the Fort a la Corne araa. Of this amount $1,807,469 USD are mandated expenditures by the SIR to retain the claims.

The Exploration Program consists of drilling core samples in the Company's Casavant Mineral Claims in the Fort a la Corne area after reviewing historic air and ground exploration efforts by others. Historically, the presence of diamondiferous kimberlite in Saskatchewan was unknown until Monopros, the Canadian subsidiary of De Beers, discovered an exposure of diamondiferous kimberlites in a regional prospecting program in 1987.

In 1988, Uranerz Exploration and Mining located kimberlites in the Fort a la Corne ares 60 kilometers east of Prince Albert, Saskatchewan. The 71 kimberlite bodies were detected after detailed aeromagnetic surveys of the area using the available GSC (1960's era) regional aeromagnetic coverage. The main group of kimberlites is located with the Fort a la Corne Provincial Forest and forms a north-northwest cluster approximately 32 kilometers in length, extending from the Saskatchewan Rive to Highway 55 near Shipman. Smaller outlying kimberlite clusters occur near Weirdale in the West, near Foxford in the north and near Snowden in the northeast. The kimberlite bodies are grouped more densely in the south, and spaced out more irregularly towards the north. A group of very large kimberlite bodies occurs in the southern part of this trend.

During the period 1988 to 2001, Saskatchewan Industry and Resources reports over $59,000,000 in diamond exploration monies being spent by 128 operators. The greatest activity was during 1993 and 1994 with the Snowden south area extension being explored by Cameco De Beers/Kensington JV. Between 1997 and 1999, activities in the major Saskatchewan exploration projects declined. During the same period of time, exploration projects in the Northwest Territories increased due to the discovery of diamondiferous kimberlite bodies.

Neither the Company nor the Casavant Mineral Claims holders have performed kimberlite exploration work on the current properties acquired during the merger. Information on the current properties submitted to the Saskatchewan Industry and Resources by others in fulfillment of assessment requirements may not contain the results of all work actually completed.

Open files at the Saskatchewan Industry and Resources reports 6 aeromagnetic surveys completed within and peripheral to the five properties of interst. Over 90% of the properties were covered by these surveys. The results of the surveys is available from the SIR as paper prints of total contour magnetic field contour maps. In most cases, vertical magnetic gradient contour maps are also available from SIR. The 1990 aeromagnetic surveys indicated broad mag high features which were interpreted as basement-type signatures. The targets were not drilled and the claims were allowed to lapse. The 1993 aeromagnetic surveys had higher quality data set, but was not made available in the public domain in digital form for further processing. However, the contour maps are a useful starting point for further search for subtle anomalies. Ground magnetometer surveys are reported in the SIR Open File with 17 reports and 34 ground mag surveys completed since as early as 1889.

SIR Open Files contain records of 4 prior mineral exploration holes within the Buckshot Holdings Ltd./Commando Holdings Ltd. and 101012190 Saskatchewan Ltd. claims. One hole was drilled by Uranerz in 1992 and the remaining 3 holes were completed by Rhonda Mining in 1993. Other than the 251 drillholes that have been completed on the Fort a la Corne JV kimberlite bodies since 1989, and the 31 drillholes reported to date by Shore Gold at the Star Kimberlite property, an additional 14 exploration holes have been reported by other operators in the vicinity of the 5 properties. Drillhole OFS93-012 in Section 5, Twp 52, Rge 21, W2 (3 kilometers east of Foxford), intersected kimberlite and intercalated sediments in Lower Colorado shales from 179.45 to 211.94 meters. Depth to bedrock was 109.96 meters. The hole ended at 299.0 meters. A 20.77 kilogram sample of kimberlite yielded 3 microdiamonds. Additional kimberlites were intersected by Rhonda Mining Corp. in 1993 with a total of 21 microdiamonds recovered from 100 kilograms of kimberlite at drillhole OFS93-04 (SIR Open File 73H07-0018. However, there were a significant number of drillholes that failed to intersect kimberlites on the 5 properties despite reports filed with the SIR by others of the discovery of diamondniferous kimberlites on peripheral properties.

A 28 page report (not including exhibits) discussing the diamond exploration potential of the five properties was prepared by P. Robertshaw, P. Geo in October 28, 2002 for Fort a la Corne Diamond Fields, Inc. (which is one of the companies acquired by the Company). The full text of this report is attached to this Schedule 14C as an exhibit. The majority shareholders approved a full review of the Robertshaw Report before embarking on the Company's exploration program. It was further noted by the majority shareholders that new magnetic and non-magnetic testing procedures should be reviewed by management in connection with the Casavant Mineral Claims in the Fort a la Corne area as part of their overall review of the Robertshaw Report historical exploration data on file with the SIR."
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Guys, I think we were diluted to beat the band. Rather than roll their sleaves up to go to work everyday putting resources and talent to use exploring these claims, a certain few men now live in mansions in gated communities off our backs. What's funny is the masses somehow think there is nothing wrong with this. Our country is doomed.

The company has GREAT potential as we can CLEARLY see above. Even during the Keystone Cops pr days, you can see this pr and filing as being very serious complete in terms of what the Casavants holdings were at the time.

They have INCREASED their holdings since that time and GEMM s now a producing diamond mine. Unfortunately, prior leadership has diluted the snot out of us and this company, and neglected reporting requirements which now have us on the other end of an SEC suit and before a judge. Further prior management showed no real work or resource effort to seriously explore these claims. They chose the easy route to promote what they had through pr's and wild rumour, only to dilute a world record amount of shares for their profit, most likely hidden in family and friends accounts both here and outside of the country.

Current leadership is my vote to take what I've shown you above and actually WORK to grow this company and these opportunities.
I greatly look forward to that day. As we saw, prior leadership had no intention of doing so.

The holdings of this company as of early 2003 are important for all to see now. It is buried in the 2-3-03 DEF 14c that we find it. : )

Bo