Post by Bart on Jul 10, 2004 15:20:37 GMT -5
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CMKX: 4 scenerio's that can result...
« Thread started on: Today at 1:44pm » <br>
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By: careful-investor
10 Jul 2004, 01:44 PM EDT
Msg. 371066 of 371066
(This msg. is a reply to 371062 by careful-investor.)
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In my humble opinion, there seems to be 4 scenerio's that can result, all of which are good for current sharholders.
1) The company remains it's own entity and becomes a reporting company. CMKX then adds value to it's balance sheet & market capitalization (pps) by continuing drilling and mining operations on it's own or with JV partners.
2) A merger takes place and this new entity becomes a reporting company. It then adds value to it's balance sheet & market capitalization (pps) by continuing drilling and mining operations as a now larger company.
3) After becoming a reporting company, CMKX (on it's own, or post merger) can initiate a share buyout IF (and only if) the market value (pps) is below the intrinsic value of the company (See Warren Buffet's article). A share buyout would likely NOT occur if the market value (pps) is in line with the intrinsic value of the company.
4) After becoming a reporting company, CMKX (on it's own or post merger) with the approval of the Board of Director's, can accept a bid for any or part of it's claims or finds by larger competitor's most likley already in the region. (See my DIAMOND MINES post).
Note, becoming a reporting company is key for #3 and #4 to occur. That's why it is exciting that it's being done.
Roger Glenn's involvement has the attention of many, including the larger companies in the region. He and his firm carry too much weight to be ignored. The future holds much to be positive about.
Off to enjoy the weekend. Until Monday, be well. Bo
www.investorshub.com/boards/read_msg.asp?message_id=3527912
;D ;D
CMKX: 4 scenerio's that can result...
« Thread started on: Today at 1:44pm » <br>
--------------------------------------------------------------------------------
By: careful-investor
10 Jul 2004, 01:44 PM EDT
Msg. 371066 of 371066
(This msg. is a reply to 371062 by careful-investor.)
Jump to msg. #
In my humble opinion, there seems to be 4 scenerio's that can result, all of which are good for current sharholders.
1) The company remains it's own entity and becomes a reporting company. CMKX then adds value to it's balance sheet & market capitalization (pps) by continuing drilling and mining operations on it's own or with JV partners.
2) A merger takes place and this new entity becomes a reporting company. It then adds value to it's balance sheet & market capitalization (pps) by continuing drilling and mining operations as a now larger company.
3) After becoming a reporting company, CMKX (on it's own, or post merger) can initiate a share buyout IF (and only if) the market value (pps) is below the intrinsic value of the company (See Warren Buffet's article). A share buyout would likely NOT occur if the market value (pps) is in line with the intrinsic value of the company.
4) After becoming a reporting company, CMKX (on it's own or post merger) with the approval of the Board of Director's, can accept a bid for any or part of it's claims or finds by larger competitor's most likley already in the region. (See my DIAMOND MINES post).
Note, becoming a reporting company is key for #3 and #4 to occur. That's why it is exciting that it's being done.
Roger Glenn's involvement has the attention of many, including the larger companies in the region. He and his firm carry too much weight to be ignored. The future holds much to be positive about.
Off to enjoy the weekend. Until Monday, be well. Bo
www.investorshub.com/boards/read_msg.asp?message_id=3527912
;D ;D