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jon_e_og

08/03/04 12:16 PM

#69352 RE: m-ojo #69340

<< because even IF the O/S is 400B, there are other factors that make cmkx worth accepting as a client. >>


I disagree, I see the O/S as a credibility issue, one that is fundamental to the future of this company. IF the O/S is high Urban screwed us, you have to admit that. When we last reported we had 40 billion O/S, he put out press releases stating shares were being retired, and the IR guy for the company stated PUBLICLY the O/S wasn't that high.

The only other factor here could be a massive diamond find. Not to be cynical, but I don't see the 1 drill and 1.4 million acres with no permits and Ron Casavant running the show as foreboding of a major diamond find...

But, I hope I'm wrong...