Post by stevpot99 on Jul 10, 2004 2:49:13 GMT -5
This I like!!!!!!!!!!!!
I really like this CMKX post
A GREAT Post By Bo on I Hub
- Hi all. Here is the post I promised.
I'm not interested in the drama of his speculation regarding the behind the scene history. It's plausible, but truly, who is to guess and be right? However, what grabbed my attention big-time is his perspective and THE LIST of things to anticipate occurring in the near future that will help us all. This post, along with my summation of the Diamond Mines show on the History Channel, and my post of Mr. Buffet's views of of share buybaks and my take on it with regard to CMKX, may give investor's ket things to look for in terms of activity and pr's. The combination of the 3 posts should provide the keys to valuation of the company and it's share price.
His post is outstanding and I hope you get as much out of it as I did in realistically looking at the near future. Be well and have a good weekend all. Bo
_________________________________________________________________
What exactly are UC’s plans? By carefully analyzing the past of Mr. C, I believe that we can draw a picture of where this is heading and even predict with some accurately, the next “move”and where we are now in this game.
Well, I have shown some history of Mr. Casavant in some earlier posts.
As I have posted before (from some research on UC), Mr. Casavant has once before done very well at acquiring claims in a ‘hot’ area and then selling these claims for some substantial gains as the frenzy of the area peaked.
And I believe that was exactly his intention this go-round as he built up his claims in the Fort a la Corne region.
He became interested in this area (as did Rick Walker) as companies like Kensington and Shore began reporting successes in the region. So I believe that he saw the opportunity to again move some claims and make some substantial gains.
Didn’t work.
Others were already too involved with their own claims/projects and he couldn’t find interest in his claims.
He spent a couple of years “saber-rattling” about drill targets, permits,buying drill equipment, etc. all aimed at building interest in the Casavant claims.
But like I said, didn’t work..
So what do you do? You have over a million acres of claims in an area that has all of the markings of a great diamond play… what do you do now?
Especially after being “snubbed” by the “big boys.”
You beat them at their own game.
After Kensington and others kept reporting more and more positives of their efforts in the area, I believe that UC came to the conclusion (with some moral and financial encouragement of some others, like Mr. Walker) that he actually could be successful at a full blown exploration of his claims. What must follow must somewhat be considered a two-pronged attack.
You must restore stockholder confidence and value while at the same moving forward with exploration efforts.
First off on the stockholder side, you must restore credibility. You announce that a full audit will be forthcoming with the goal of becoming a fully
reporting company. You announce the intent to move to a new transfer agent. You change your name. You are not any longer “Casavant Mining Kimberlite International”… you announce that the new company will be named “Casavant Diamonds”, aligning yourself much tighter with your goals
and intentions.
Now on the performance side… first and foremost, you must drill for diamonds.
But where? You schedule a full, complete magnetic survey of all of your one million plus acres to plan drill sites. To move along quicker, I believe that Casavant drilled at the Smeaton property to simply punch a hole on the land of
that had the highest likelihood of kimberlite/diamonds BASED ON THE INFORMATION THAT HE HAD AT HIS DISPOSAL.
What information? None really. Not without the survey of his claims.
But Mr. Walker had had some experience with the Smeaton property before. He knew for a fact that there was kimberlite on the land. Although the results from previous drill attempts on the Smeaton land were not too exciting, to say the least, at least kimberlite was found. And most involved considered the testing “incomplete” at best. Nobody involved ruled out the possibility of there still
being diamonds on the Smeaton property.
So, while waiting for his magnetic survey results, Mr. Casavant, ever the entrepreneur and risk-taker, started drilling on the Smeaton property.
Although deep quantities of Kimberlite were found, core results from this initial drilling were disappointing to many, although better than when the Smeaton property was previously sampled.
While waiting on the core results from the Carolyn pipe, Casavant hires one of the most well know, influential securities attorneys in the country. We hear more often in pr’s of his intent to become a fully reporting company.
Then, we hear the announcement that the magnetic survey is complete.
We now know who our trsnfer agent is and look forward to the audit of the shares and the company.
So let’s stand back at a distance, take a look at what has happened and try and figure out what comes next.
Maybe the best way to come up with where we’re going next is to look at all that must happen and simply eliminate what has already happened.
Here is what we need to see to complete the move to a credible, respected diamond exploration company (not in any kind of order)…
1. Complete internal audit
2. Transfer agent finalized
3. Magnetic “picture” of ALL of your claims.
4. Disclosure of share structure to your shareholders
5. Hire securities attorney to protect interests and aid
in movement(s)to become reporting and move to different exchange
6. Announce next drill target(s) based on magnetic survey
7. Announce filing of documents to move to new exchange
8. Announce successful move to OTC exchange.
9. Announcement of estimation of valuation of cmkx claims.
10. Announce drilling commencement on new drill targets.
11. Announce core samples results from core samples of latest drill.
You can figure on repeating numbers 8 and 9 as we move on in our future as a exploration company.
Ok, so let’s see what we’ve (Casavant) has done already…
1. We’ve seen the announcement that First Global is our TA, which should mean the completion of the internal audit.
2. We have completed the magnetic survey (guys, this will turn out HUGE).
3. We have hired an outstanding securities attorney.
So what we have left is the share structure disclosure, drill targets announcement, announcement of filing docs to move to different exchange, announcement of successful move to new exchange, and drilling / results from new drill targets.
After results from targets reveal some positive results we will probably also see some sort of announcement of valuation of claims. This announcement could even come sooner, but will hold less weight and be less effective to the pps without positive drill results.
So what would logic tell us the next announcement that we see will be right now?
I believe that we will shortly hear of the share structure and or the filing of documents to move cmkx to a different trading platform soon.
I believe that thereafter, we will hear of the announcement of selected drill targets (after drilling actually begins).
During the time of drilling or after drilling (waiting on core results) we will hear of the
pending / completed move to a different trading exchange.
Then we will see a steady supply of drilling / core results samples and possible mergers and/or claim sales.
It’s happening now guys. You simply can’t ignore what has transpired in the past few months. And each of these future "steps" of the Casavant Maneuver will yield a surge in the floor of the pps.
And each of these steps that comes true only makes the remaining steps much, much more likely.
Don’t miss out.
Look at what has happened. Look at what is going on. Look at the people involved.
Again, don’t miss out.
I really like this CMKX post
A GREAT Post By Bo on I Hub
- Hi all. Here is the post I promised.
I'm not interested in the drama of his speculation regarding the behind the scene history. It's plausible, but truly, who is to guess and be right? However, what grabbed my attention big-time is his perspective and THE LIST of things to anticipate occurring in the near future that will help us all. This post, along with my summation of the Diamond Mines show on the History Channel, and my post of Mr. Buffet's views of of share buybaks and my take on it with regard to CMKX, may give investor's ket things to look for in terms of activity and pr's. The combination of the 3 posts should provide the keys to valuation of the company and it's share price.
His post is outstanding and I hope you get as much out of it as I did in realistically looking at the near future. Be well and have a good weekend all. Bo
_________________________________________________________________
What exactly are UC’s plans? By carefully analyzing the past of Mr. C, I believe that we can draw a picture of where this is heading and even predict with some accurately, the next “move”and where we are now in this game.
Well, I have shown some history of Mr. Casavant in some earlier posts.
As I have posted before (from some research on UC), Mr. Casavant has once before done very well at acquiring claims in a ‘hot’ area and then selling these claims for some substantial gains as the frenzy of the area peaked.
And I believe that was exactly his intention this go-round as he built up his claims in the Fort a la Corne region.
He became interested in this area (as did Rick Walker) as companies like Kensington and Shore began reporting successes in the region. So I believe that he saw the opportunity to again move some claims and make some substantial gains.
Didn’t work.
Others were already too involved with their own claims/projects and he couldn’t find interest in his claims.
He spent a couple of years “saber-rattling” about drill targets, permits,buying drill equipment, etc. all aimed at building interest in the Casavant claims.
But like I said, didn’t work..
So what do you do? You have over a million acres of claims in an area that has all of the markings of a great diamond play… what do you do now?
Especially after being “snubbed” by the “big boys.”
You beat them at their own game.
After Kensington and others kept reporting more and more positives of their efforts in the area, I believe that UC came to the conclusion (with some moral and financial encouragement of some others, like Mr. Walker) that he actually could be successful at a full blown exploration of his claims. What must follow must somewhat be considered a two-pronged attack.
You must restore stockholder confidence and value while at the same moving forward with exploration efforts.
First off on the stockholder side, you must restore credibility. You announce that a full audit will be forthcoming with the goal of becoming a fully
reporting company. You announce the intent to move to a new transfer agent. You change your name. You are not any longer “Casavant Mining Kimberlite International”… you announce that the new company will be named “Casavant Diamonds”, aligning yourself much tighter with your goals
and intentions.
Now on the performance side… first and foremost, you must drill for diamonds.
But where? You schedule a full, complete magnetic survey of all of your one million plus acres to plan drill sites. To move along quicker, I believe that Casavant drilled at the Smeaton property to simply punch a hole on the land of
that had the highest likelihood of kimberlite/diamonds BASED ON THE INFORMATION THAT HE HAD AT HIS DISPOSAL.
What information? None really. Not without the survey of his claims.
But Mr. Walker had had some experience with the Smeaton property before. He knew for a fact that there was kimberlite on the land. Although the results from previous drill attempts on the Smeaton land were not too exciting, to say the least, at least kimberlite was found. And most involved considered the testing “incomplete” at best. Nobody involved ruled out the possibility of there still
being diamonds on the Smeaton property.
So, while waiting for his magnetic survey results, Mr. Casavant, ever the entrepreneur and risk-taker, started drilling on the Smeaton property.
Although deep quantities of Kimberlite were found, core results from this initial drilling were disappointing to many, although better than when the Smeaton property was previously sampled.
While waiting on the core results from the Carolyn pipe, Casavant hires one of the most well know, influential securities attorneys in the country. We hear more often in pr’s of his intent to become a fully reporting company.
Then, we hear the announcement that the magnetic survey is complete.
We now know who our trsnfer agent is and look forward to the audit of the shares and the company.
So let’s stand back at a distance, take a look at what has happened and try and figure out what comes next.
Maybe the best way to come up with where we’re going next is to look at all that must happen and simply eliminate what has already happened.
Here is what we need to see to complete the move to a credible, respected diamond exploration company (not in any kind of order)…
1. Complete internal audit
2. Transfer agent finalized
3. Magnetic “picture” of ALL of your claims.
4. Disclosure of share structure to your shareholders
5. Hire securities attorney to protect interests and aid
in movement(s)to become reporting and move to different exchange
6. Announce next drill target(s) based on magnetic survey
7. Announce filing of documents to move to new exchange
8. Announce successful move to OTC exchange.
9. Announcement of estimation of valuation of cmkx claims.
10. Announce drilling commencement on new drill targets.
11. Announce core samples results from core samples of latest drill.
You can figure on repeating numbers 8 and 9 as we move on in our future as a exploration company.
Ok, so let’s see what we’ve (Casavant) has done already…
1. We’ve seen the announcement that First Global is our TA, which should mean the completion of the internal audit.
2. We have completed the magnetic survey (guys, this will turn out HUGE).
3. We have hired an outstanding securities attorney.
So what we have left is the share structure disclosure, drill targets announcement, announcement of filing docs to move to different exchange, announcement of successful move to new exchange, and drilling / results from new drill targets.
After results from targets reveal some positive results we will probably also see some sort of announcement of valuation of claims. This announcement could even come sooner, but will hold less weight and be less effective to the pps without positive drill results.
So what would logic tell us the next announcement that we see will be right now?
I believe that we will shortly hear of the share structure and or the filing of documents to move cmkx to a different trading platform soon.
I believe that thereafter, we will hear of the announcement of selected drill targets (after drilling actually begins).
During the time of drilling or after drilling (waiting on core results) we will hear of the
pending / completed move to a different trading exchange.
Then we will see a steady supply of drilling / core results samples and possible mergers and/or claim sales.
It’s happening now guys. You simply can’t ignore what has transpired in the past few months. And each of these future "steps" of the Casavant Maneuver will yield a surge in the floor of the pps.
And each of these steps that comes true only makes the remaining steps much, much more likely.
Don’t miss out.
Look at what has happened. Look at what is going on. Look at the people involved.
Again, don’t miss out.
