Ig, how can I tell? Here is what it shows in my account.
Thanks
Tim
JUINA MINING CORP RESTRICTED (N/A*) .. Acct Number ######### Acct Type Margin Position Type LONG Qty 4287 CUSIP 48131Q996 Asset Equity .. Current Price/Value .. Price 0.00 Value 0.00
Refer to the D/L of 9/28/04, P/D revised by Co. +Approx .00012267 of a restricted share of Juina Mining Corp (OTC: GEMM) for each share held. Will not be quoted Ex.
~~~~~~~ ALSO THIS FROM THE CMKX COMMUNITY BOARD:
I just got off the phone with Andrew Hill, the CMKM Diamonds IR Person. I called him earlier this morning and left a message. He returned my call as soon as he got into the office.
I have to say, that he is a very knowledgeable, articulate, and interesting person to talk with. I really enjoyed the fact that he took the time to talk with me and even asked what the general mood of the shareholders was.
My purpose for calling Andy was to investigate the rumors going around about a change in the dividend dates for the GEMM dividends.
Andy explained to me that the dividend dates have not changed. There is still a dividend that was payable on November 15 and a dividend that was payable on November 30. However, the DTC (who distributes the shares) decided on it's own that it would distribute ALL of the dividend shares (both sets) to the brokers on November 29.
Many brokers have already credited people's accounts with dividend shares, this is fine. They will also be crediting accounts on November 30. Those people who have not received shares in their accounts are not to worry. It just means that their brokers are refusing to put shares in their accounts until the shares have been physically received from the DTC.
That is the entire explaination. There is no push back of dividend dates. No conspiracy theories. Just an administrative move by the DTC to payout both sets of dividends to the brokers at once.
Andy told me that everyone needs to spend less time listening to rumors and dates and just follow the press releases. When everyone chases dates and rumors it only leads to disappointment and bad feelings. The company is working very hard. They are drilling in Smeaton. There is a legal team working on the Saskatchewan Finance Committee issue. Everyone just needs to be patient.
Andy's only contact within the company is Urban Casavant. He get's his information from Urban (whom he has not yet met) and he only gives out information that he receives from Urban. He is not running out to the drill site or looking for scraps of information to pass on.
Andy also said that he feels the stock is undervalued (as do we all). However, some of the valuation techniques floating around are just plain ridiculous. We all need to take a step back and let the company get things under control.
I hope this answers a few of the questions that are floating around and helps to bring us all back to reality.