Replies to post #39938 on CMKM Diamonds Inc. (fka CMKX)

[Southern Trader]

Then how do you explain the last few weeks' large trade volumes?

So my guess is that Urbie hasn't raised anything close to $50 million.

Thanks for the insight on the previous shares, but if we are to believe that the insane volume of the last month or so was CMKX dumping shares onto the market, then they would have raised significantly more than $50 million. After all, just 50 billion more shares at .0005 would net $25 million USD, and they have had the chance to go way beyond that figure. I guess I'm asking for a rough guess at a timeline on when they were dumping and when they pulled back, b/c saying they haven't raised $50 million would imply they gave a ton up front to get very little cash, then they didn't profit from the up-tick in the price, and thus they haven't contributed to the large volume we've seen in the past couple of weeks.

And I still keep coming back to, even if this group was paid very, very well, it has been, at least until very recently, been one crew with one rig digging holes and getting them sampled. That just isn't a significant cost, when you start talking about 10s of millions of dollars, imho.