Replies to post #32610 on CMKM Diamonds Inc. (fka CMKX)

[fergustsi]

to paraphrase it real quick....hes got experience in the diamond industry from the cutting/seeling side of it not hte exploration side. Said its good that cmkx has property next to debeers (a proven reserve). alludes the canada diamond search to the california gold rush. as soon as we know share structure it will be easier to determine a value for cmkx, he says we dont need to find diamonds to get a decent pps, the mineral rights alone are worth quite a bit. compares to KRY i think it was, a brazilian gold mining company, they havent found anything and their pps is over 2 bucks. it was a positive call basically saying wait and see what happens with the share structure.

[joye1]

sbpr14 /Joel IBC

http://ragingbull.lycos.com/mboard/boards.cgi?board=CLB00412&read=411422

JOEL on CMKX (BOTH MP3s) *** MUST LISTEN *** on IBC RADIO

By: lsrf13
17 Jun 2004, 11:38 PM EDT
Msg. 310059 of 310061
Jump to msg. #
For the people who missed JOEL ON IBC.16th,17th.

******A Must Listen!!!!!! here is the Joel Link:
http://cmkx.istwara.com

Or just call #2
Joel IBCRadio
http://yazzi.com/cmkx/joel2.htm

JOEL'S first call to IBC RADIO helps explain why CMKX obtained
rights to so much land surrounding De Beers and why CMKX (at
.0006/share presently) could easily hit $1.00/share!

Download this MP3 (of seven minutes) from:

http://members.aol.com/secass/melvin/

It is a very interesting seven minutes.

_____

ABOUT JOEL:

By: koiman6
17 Jun 2004, 11:31 PM EDT
Msg. 24757 of 24776
Jump to msg. #

Joels call to IBC Radio today: IMPORTANT...About halfway through Joel's talk he was asked by the host what his credentials were. Joel hesitated a bit but then said that he has experience in the wholesale diamond trade and well, he has cut diamonds (!) This is VERY important. You don't just wake up one day and decide you are going to cut diamonds. To become a cutter takes years of experience and I know that because I am a jeweler, among other things, and have set diamonds but wouldn't dream of cutting one. I guarantee you that Joel knows more about diamond geology, morphology, diamond grading,
cutting, polishing, the world diamond trade, the politics of
diamonds, and probably diamond exploration and mining than Melvin, Urban, you, me, and the horses we rode in on. Plus, he obviously knows a good deal about the world of stocks, to say the least. That one statement, in the middle of any otherwise very interesting talk has done more to bolster my confidence in the future of CMKX than ANYTHING else I have read or heard from anyone here on Raging Bull or anywhere else.
I'm not going to be able to sleep tonight!

Koiman

http://ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&read=24757


FWIW & IMO

FROM CMKX WEB SITE:

WHY DIAMONDS IN SASKATCHEWAN ? - One of the largest known kimberlite
clusters in the world.
- 130 of the 2000 kimberlite pipes known worldwide are macro-diamond
bearing. 23 of these are located in the Fort a la Corne district of
Saskatchewan.
- 80% of Saskatchewans' kimberlite pipes are diamondiferous.
- 50% contain diamonds over one millimeter in size.
- A high percentage of diamonds recovered are clear, inclusion-free
and exhibit good crystal form.
- Pipes said to have erupted under inland sea and therefore have not
been exposed to weathering or glaciation.
- Pipes lie within 300 feet of surface.
- Area accessible by paved all-weather road, with water and power
readily available.
- Studies indicate cash operating costs of $10.50 per tonne,
including overburden removal.
- Saskatchewan government encourages mining in the province.

http://www.casavantmining.com/index.html