CMKM Diamonds Inc. (fka CMKX)

[trade15]

Hello gump

I'm not sure if you know Eric Charters . But he describes in the post below that I've copied from Silicon Investor what I believe you consider to be naked shorting on the Canadian exchanges. I've watched it go on for years myself with CDN companies trading mostly on the Vancouver exchange were there seems to be a endless supply of paper preventing a stock from rising in price. Combine the above with insider dumping and it's tough to make much on a stock which has had good news. But I'm afraid in CMKX's case the odds are much more in favour of greedy insiders being the cause of the immense dilution.

trade15

" To: stan_hughes who wrote (6605) 5/29/2005 10:44:14 AM
From: E. Charters of 6673

There are pessimistic traders that say that if you buy mining puts or short sell, that you will never be disappointed in the long run. To hedge you should own warrants on the stock. The odd one makes the big time, but before you lose too much it should be obvious. The brokerages make big money selling more mining issue than they own, all the while promoting it so that they can borrow more stock to sell.

Only a run away winner long term can make a brokerage go broke. That is why they hate Cinderella discoveries so much and why few if any CDN brokerages have knowledgeable mining people on staff.

Amazingly institutional money is not in short supply, and some brokers I know say they are busy like crazy despite the downturn in the metal explorationist's retail market.

Go figure.

EC<:-} "