Replies to post #168691 on CMKM Diamonds Inc (fka CMKX)

[Good-Til-Cancelled]

DDFridd,

I own 100 acres in Tennessee. Since DeBeers is worth $40-$80
billion my 100 acres has to be worth at least a four or five
million.

I haven't found any diamonds or precious metals but someday,
some geologist just may find something worthwhile.

It's one of the few things Gump said that I agree with, it's just
moose pasture until they find something. They have until August,
I guess...

GTC

[arete]

ddfridd_077-

DeBeers owns approximately 58,000 acres of mineral claims that they have admitted to being worth at least $40-80 Billion dollars.

[Did DB make that estimated or did UC/CMKX/pumpers make that estimate? DB has an OS of 77+M and FD(Fully Diluted) of 90+M shares. With a current pps of $1.90 range that gives them a market cap ranging from $146M - $417M. If you look through their financials, they don't guess at what the value of their kimberlites are because they don't know. They won't know until they have successfully sampled drilled their properties and that hasn't happened yet.]

CMKX owns approximately 1.4 million acres of mineral claims surrounding the claims of DeBeers, which is more than twenty times the area mass. CMKX has stated they have “hundreds” of possible diamond or other mineral sites that have been indicated by modern technology.

[In their latest PR and field report, CMKX states that there are 6 possible areas that could represent kimberlites. There is no way to say if any are viable until they are core sampled. That hasn't happened yet. "Hundreds" is a figure that is pure pump.
It is a mathematical fallacy to think that the 1.4M acres, much less according to the latest GIS claims map as well as testimony at the hearing, surrounding DBs 58K acres are just as valuable as DBs acreage. DB has 60+ kimberlites identified on their property while UC has no kimberlites indentified.

A low valuation for this company looks like it could be in the neighborhood of $800 Billion dollars or $1 per share if there were actually 800 Billion REAL shares in the market, and even if the company was only worth one 10th of that valuation, shares would be worth at least 10 cents each. Yet the company is trading at 100th of a penny per share.

[There is no way to put any kind of a valuation on their properties until adequately core drilled and sampled and evaluated. That has not happened. So far CMKX is batting 0 for their several drilled properties.]

[pantherj]

Oh, yes it is! This is conspiracy stuff born of mass spoiled little brat hysteria.

This is not conspiracy stuff,...

But any naked short selling that exists has not been shown to be a factor at all with CMKX, let alone a major factor. The probelm with your precious diamondless CMKX is a lying, thieving, scamming CEO and his paid shills. Really, it is quite simple, you've invested with a den of thieves.

...the SEC has admitted that naked short selling is real and exists in our markets.

[Sec 10]

You are seldom logical, dd, but you surpassed yourself with that post. First, it is not at all clear that CMKX actually owns anything. More to the point, even if they do control claims they have not demonstrated a dime of value to those claims.

So you really think this is the most valuable corporation in the world, huh?

Sell CMKX. Buy reality pills.