Impotant to note here is that it was Diagem who requested the trading of their own stock to be halted.
"Effective at 12:45 p.m. PST, November 5, 2004, trading in the shares of the Company was halted at the request of the Company, pending an announcement; this regulatory halt is imposed by Market Regulation Services, the Market Regulator of the Exchange pursuant to the provisions of Section 10.9(1) of the Universal Market Integrity Rules."
This thread goes on to accurately point out things that relate Diagem to GEMM and CMKX.
This halt and "pending announcement" is certainly one to keep our eye on. : )
Diamond Exploration projects in Mato Grosso State, Brazil. A country known to have produced many of the world's largest diamonds. Established economy and political democracy. World-renowned diamond producing region. 130,000 hectares of highly prospective property. Independent diamond studies confirm likelihood of hard rock sources in area. Experts predict high-grade, large, gem quality diamonds. Positive analysis of indicator minerals and diamonds.
Posted by: Bo14172 In reply to: joye1 who wrote msg# 21984 Date:11/6/2004 9:23:53 AM Post #of 22023
joye, thanks. It just adds another aspect to the growing scope of the 'CMKX Endeavour.' It's to be seen how Diagem plays out here, but the connections in some direct and indirect ways are there.
The news of their halt at their own request interested me enough to bring it to the board.
Diagem requested the trading of their stock to be halted.
"Effective at 12:45 p.m. PST, November 5, 2004, trading in the shares of the Company was halted at the request of the Company, pending an announcement; this regulatory halt is imposed by Market Regulation Services, the Market Regulator of the Exchange pursuant to the provisions of Section 10.9(1) of the Universal Market Integrity Rules."
I just listened to the 42 minute presentation that was given by the Geologist; John Paul Zonneveld concerning the kimberlites in the Fort a la corne ( FALC region ).
This was the 3rd Time I listened to this presentation and everytime I revisit the video I pick up something that I missed from a previous visit.
I picked up on 2 additional points tonight that made me re-think my evaluation of the possible valuations of the 1.9 million acres owned by CMKX and the JV's.
1) When John was showing the Star and 140/141 kimberlite mining grids owned jointly Shore Gold, Cameco, Kensington and Debeers he mentioned why the grid boundaries did not extend into the other known kimberlite pipes ouside of their grid, He said that they did not own the claims.
My thoughts and observations: I believe CMKX owns them claims when you look at the video and the maps which is in close proximity to the known diamondferous pipes that they; ( Shore,Kensington, Debeers, Cameco) are pulling from.
2) He mentioned the AeroMagnetic survey of the FALC region and the magnetic anomolies. Now , what gets interesting and what he stated about 15 minutes later was how 'non-magnetic' kimberlite which does not show up on the survey is actually in most cases contain higher quanity and quality diamonds.
I never picked up on this from an earlier viewing. How interesting is that! What does lie beneath this area that we cannot pick up from the magnetic survey? WOW ! Just some things to think about.
This is a video and slide presentation given on January 20, 2004, by John-Paul Zonneveld, geologist, on the geological kimberlite formations in the Fort a la Corne, Saskatchewan Canadian area. Kimberlite is the material, produced by volcanoes, that carries diamonds to the surface of the earth.
The Fort a la Crone area is where CMKM-Casavant Mining Company owns the mining rights to 1.9 million acres of land and where the largest diamond-rich kimberlite bodies are found in the world; large than the So. African bodies.
Mr. John-Paul Zonneveld talks about the De Beers and Shore Gold diamond operations in the Fort a la Corne area. CMKM-Casavant Mining Company owns the mining-rights to approximately 20-times the land area De Beers and Shore Gold properties, combined.
This is very informative. When you are finished listening to this presentation, you will know everything to know about kimberlite formations, diamond formations in Saskatchewan, comparisons between diamonds finds in Africa, Botswana, etc., and the Fort a la Corne area.
It is 42.29 minutes in length and well worth watching.