Karmin Exploration fka KAR

[MWM]

Just called the CFO again, he said they have nick named the Karmin project Globestar 2, all the same players are coming together on this project as did their last, Globestar of course was eventually sold to Perilya for $184 million in 2010. http://www.miningweekly.com/article/perilya-wraps-up-globestar-mining-acquisition-2011-01-14

I asked about the Board of Director Robert Cicarelli stepping down and why. He said not to be concerned because his brother Larry was stepping in to fill his shoes and that Robert still owned all his shares, around 14 million...

So between Karr Securites, Robert Cicarelli and other insiders there is next to nothing in the float which is clearly showing up in trading, good luck getting any, not to mention the insiders and Karr have been buying even more...

he said to expect a series of PR's and that they are looking to advance the project...

Call me crazy but this looks like one hell of a setup to me...

This is an old insider rooster from 2008 I found, not to mention what they have been buying lately...

Karr Securities: 17,058,834 44.36%
Robert Ciccarelli: 13,730,677 35.71%
John Iannozzi(CFO): 1,965,943