Replies to post #3416 on CMKM Diamonds Inc. (fka CMKX)

[wishfulthinking]

I'm going with an optimistic approach....UC already knows there were diamonds in the samples. He now wants to increase exposure before releasing the news. A few days before the race he relases PR "Diamonds discovered". Now, what red blooded American hasn't, at some time in their life, dreamed of finding a rare coin, a painting worth millions at a garge sale, gold...? With the CMKX car, millions will be seeing, likely for the first time, a company who recently "discovered diamonds". They'd find the PPS affordable but on the rise. We now have people doing what everyone at one time or another does and that's investing in something that's likely too good to be true, but are willing to take a chance. Doesn't that describe everyone who owns CMKX? With the new exposure, and PR, PPS starts shooting up and we all get rich, never mind O/S or whether diamonds are ever actually mined...

[ron2w]

I don't understand the A/S either Fung_derf, but it's just as easy to erase shares once they've fulfilled their purpose according to some grander plan.

Anyone of us is free to watch what happens next from the sidelines if they don't believe something like this is in the cards.

Also, on the drilling...

Surely more applicable than anywhere else, share valuation in the diamond exploration business depends considerably more on your latent assets versus the ones you've already dug up.

If you've got a million acres immediately adjacent to and surrounding already producing diamond territory you don't need to be bringing up diamonds form 4700 of your own holes to get share price moving smartly in the North direction.

All you need do is take someone to the center of your property and show them a few nice diamonds that you've found after drilling just a modest number of holes.

Then from the scene in "Forbidden Planet" in which Walter Pidgeon (Dr. Edward Morbius) is describing the extent of the great machine ...

You face North, extend your arm and say "20 miles!"
Then you face East, extend your arm and slowly say "20 miles!"
Then you face South, extend your arm and slowly say "20 miles!"
Then you face West, extend your arm and say "20 miles."

(which is about right for a million acres, BTW)

I'd much rather have the race car and all it can do for us right now than have a few more holes in the ground.

But then, that's just my take. LOL

Ron

[The_Free_Nebula]

fung_derf - good post