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Kimberlite

07/22/04 6:20 PM

#60041 RE: gody123 #60033

Good job gody. I think you're definately on to something. Maybe Zen will want to add his thoughts to it????
Bartender, get this lad a drink. :)

Kimberlite

07/22/04 6:21 PM

#60044 RE: gody123 #60033

PS, they wiped the board at proboard so the link doesn't work now.

zeninvestor32

07/22/04 6:23 PM

#60045 RE: gody123 #60033

HMMMMMMM GODY123

That's a pretty interesting post. I would say it's warm IMO.

:)

tradetracker

07/22/04 6:27 PM

#60049 RE: gody123 #60033

Nice Post

RichieBoy

07/22/04 6:36 PM

#60055 RE: gody123 #60033

Gody a couple tsk tsk's but great post.

Firstly the last line in 7.2 "except in the ordinary course of business" that just sank your battleship IMHO that leaves EVERYTHING open to interpretation and very subjective at that.

Secondly to the best I have heard the George Lake Zinc deposit has been mined sinced the fifties or perhaps the sixties can't quite recall (Gump?) anyway it has been cleaned out pretty thoroughly already so for Urban to put all his pennies in that basket seems pretty cavalier to me.

Good thinking Gody sorry to be the devil's advocate but where is all the required cash for drills equipment more employees more equipment mineral rights renewal Roger assays Urban's "racing hobbies"coming from?

Man o man the burn rate must be a prolificating MONSTER!

As ever Gody....ALL you realize? JMVHO

Best...RichieBoy

ran

07/22/04 8:15 PM

#60115 RE: gody123 #60033

Urban stands to gain more by going private.Mm's have to cover there shorts and cover the PPS value once the outstanding shares are released.Shareholders get the value of what the outstanding shares are which could be significantly more then where the shorted shares are trading now.Its a win,win, situation.I believe Sterling talked about this in a rather complicated manner but none the less he was right about alot of things already.I'll take a budlight.

BeaverDam

07/22/04 9:40 PM

#60175 RE: gody123 #60033

So Gody...How do we as shareholders of CMKX make money on this deal? I'm sure you have this figured out as well. What kind of valuation do you think CMI would carry going public? And UCAD? ...The Other Beav

nkad

07/22/04 9:47 PM

#60182 RE: gody123 #60033

So wouldnt that mean that Urban would issue a tender offer in order by buy back our shares?