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Oct 21, 2004 10:02:22 GMT -5
Post by azesm on Oct 21, 2004 10:02:22 GMT -5
Part 2 of 2:
continued...
What do I see? I see that outside of Rick Walker, the man apparently second in command among our Canadian JV partners is Rick Kusmirski. A former Cameco bigwig who happens to have the president of one of Lundin's corporations on his board of directors at his other Uranium project, JNR Resources. I guess what will be debated is whether you think this is a strong link or not. My personal opinion is that if our property is rich in uranium, oil/gas, and any other precious metals or resources, Mr. Kusmirski has some connections that will not only know it, but will be very interested in it. I also personally question how some are dismissing TDEM and the Goldak survey as simply "informing us that we have kimberlite". If that's all that did, IMO, why would we waste our money on such an advanced, state of the art survey. That post I put up the other day about TDEM was enlightening. I think they know a lot more from our property than the fact that we just have some cool looking kimberlites. There are some people in fact that beleive with TDEM (thus possibly the importance of THAT release), we may know EXACTLY what we have and EXACTLY where it is and EXACTLY how much of it is there. That is all debatable and I don't doubt for a spit-second that TSXMiner and all the bashers will jump on this assumption immediately. But that's fine. I just raise it as a talking point for everyone. Do some research into TDEM and its capabilities. I know some people that have. I have my opinions. Maybe you'll have yours.
Again, the above is all for your digestion. Everything is public. And maybe some bright people here will find new connections from the above that I completely missed that make this evidence stronger. Again, for all I know, Urban and CMKX have never contacted or been contacted by Cameco or UIC or any of the Lundins. Given the above, however, if we have uranium, oil/gas and more, I'd be very surprised if Mr. Kusmirski didn't facilitate an introduction for us.
Perhaps there's a lot more going down in Canada this week with Roger's attendance than anyone suspects. Perhaps our Canadian JVs were underestimated in their importance. I know TSX Miner is of the opinion that "Mr. Kusmirski hates Urban." That's fine. That's his opinion. And frankly TSXMiner has seemed like the most objective set of eyes on this board (personally I still say he is a pure basher with his recent concession to our kimberlite as trying to make him seem a more credible basher). Plus, even if Mr. Kusmirski didn't care for Urban, money is a powerful motivator to set aside differences. I admit to not knowing the mining community up there but I certainly would never take TSX Miner's commentary on that relationship as having much worth. Just my opinion on that.
What is happening with our JVs? Time will tell. Did I hit any real, relevant connections above? Time will tell. I am sharing all this info as food for thought as we get deeper and deeper into this mystery novel.
For tonight, I post this for you to consider. I will not be responding to any replies. Debate amongst yourselves. I already have my opinions. I am sticking to my belief that extensive posting is no longer relevant here. So this is my one post today. It is not about a company PR but it is what I considered relevant enough to merit posting. I hope it was helpful. Catch you tomorrow.
Z
As always, these are my personal opinions.
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Oct 21, 2004 10:03:47 GMT -5
Post by azesm on Oct 21, 2004 10:03:47 GMT -5
Posted by: zeninvestor32 In reply to: None Date:8/11/2004 10:32:32 AM Post #of 75637
EXCEPTION FOR MIDDAY POST
I just had to make a comment on this. Lee Webb from Stockwatch was posting on the RB board bashing CMKX last night. I have to say that I find this to be the most reprehensible compromise of journalistic integrity for a supposed financial journalist that I could imagine (outside of being PAID to do this which, who knows, may be happening). You already know my very, very low opinion and suspicions of Stockwatch but this is really revolting. Be on the lookout for any possible Stockwatch negative news article they may try to squeeze in before the next PR. When financial "journalists" show up to bash a .0004 stock, IMO I think you can pretty much outright dismiss any opinion or information from that rag.
And now back to our regularly scheduled programming ....
[Muzak to the tune of Bon Jovi's "You Give Love a Bad Name"]
Z
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Oct 21, 2004 10:05:03 GMT -5
Post by azesm on Oct 21, 2004 10:05:03 GMT -5
Latest from Zen re: Visa PR « Thread started on: Today at 10:36pm »<br> -------------------------------------------------------------------------------- Posted by: zeninvestor32 In reply to: None Date:8/11/2004 10:39:21 PM Post #of 75886 MY (MORE COLLECTED) THOUGHTS 8/11 Ok, brace yourself. I'm going to make some leaps of faith in here with respect to today's PR. But first on to the more tangible noteworthy pieces today. 1. UCA on the Vancouver looked interesting today. 9x normal volume. Up 31%. Shane up 33% on 8x normal volume. Any coicindence this is happening as our partners all meet in Canada this week. The relationships between CMKX, UCAD, UCA, KPG and SEIh are all interwoven and IMO it's only a matter of time (may be happening as we speak) before it all gets restructured into one entity anyway. 2. New appointment AGAIN today for Mr, Kusmirski. biz.yahoo.com/ccn/040811/0a86d04cdd064a3d4111820981163e83_1.htmlPopular guy that Rick K. I guess companies like your help when you were Cameco's Athabasca Exploration manager and when you JV with the Lundins. Okay, I dread this part, but here goes. The "Stored Value" card PR today. I am going to stick to my guns and say this was a LOUSY release today, but NOT because of what Urban is trying to accomplish. It is LOUSY because of its timing. I too am fed up with the pre-success marketing. Enough funny cars. Enough Vegas planning. Enough Visa cards. SHOW ME THE MONEY. Ok, I got that out of my system. That having been said, I realized something important ... I don't run the company. Urban does. And I can fault him all I want but he obviously will continue to attend races. He will continue to move forward on his marketing plans. He will continue to release PRs that say "Good job Melvin!" while dedicating a weekend race to Vicki simply to show his gratitude. He is not your conventional CEO. Then again neither was Richard Branson (Virgin) or Herb Kelleher (Southwest). Urban is no doubt a wild card maverick. Believe it or not, in the end, that mindset may have been what has put us in the position we are in today with our property. Somehow he ended up with what may prove to be the most valuable natural resource land in Canada. I feel confident it didn't happen because he is a starchy, conservative, corporate-type. Urban, to me, is making it clear that he has made the executive decision to set the foundation for his marketing and shareholder relations BEFORE the stock rises (assuming it does) rather than after. That's his right. To those that don't like it, they can sell. But believe me, I've been in companies that have been UNDERmarketed or not marketed at all, and it is far worse and painful than anything else. In the end, I believe we will all be thrilled at Urban's devotion to keeping shareholders happy and interested. I just kinda wish we had more concrete information first. That having been said, I have some points to make on why I am VERY excited by this Visa card (even though it could have waited a few more weeks IMO): 1. Do some DD on "stored value" cards. They are EXPLODING and are at the forefront of electronic technology. Fortune 500 companies are now using them to actually make payroll deposits. Regularly. People love them. And they are a marketer's absolute wet dream. Constant communication and specific deals just for cardholders. For example, with these cards, Urban could send emails offering CMKX shareholders $$$ off on cmkx merchandise while the rest of the purchase helps fund the funny car sponsorship. Eventually when the Casavant brand diamond emerges, the possibilities for deals and loyalty rewards are endless. This is a BRILLIANT marketing plan once you read up on "Stored Value" cards and see what the future holds for them. It will surprise you. I promise. 2. Every transaction is a story to tell. Once CMKX has risen (assuming it does), every time you slap this card down on the counter, it's a story to tell. You use it in all facets of your life. It's a constant reminder to you and everyone around you. Why in the world do you think customized credit cards these days for companies (like Yahoo or PayPal) or soooooooooooo popular. Top of sight, top of mind. Again, marketing. Very good, sound marketing. 3. Ok, now the biggie. NOBODY WILL EVER USE THESE CARDS IF THIS STOCK NEVER GETS OFF THE GROUND. Urban is farting in the wind if he thinks people will order these cards without concurrent stock success. IMO (ok, here comes a great leap), Urban has some things going on that have given him the confidence to KNOW that this card is going to be a powder keg of opportunity because he KNOWS of the company's success already. I know that requires some faith (and is the main reason why I disagree with Urban's PR on this now rather than after success). But the truth is today's PR is MEANINGLESS without ammo to back it. I think Urban must know he has the goods to go forward with something this in-your-face. 4. And, when I think about Urban's overall pattern of behavior, it has always been one of wanting to be in constant contact with shareholders and wanting to ultimately have them do well. He retired shares. He wants to visibly meet with shareholders. He is giving dividends. He is giving up his shares. He reaches out to Melvin and others. As I have said, he is a giving man. This card is a fascinating way for him to stay in touch with and constant communication with shareholders. Now cardholders will receive emails, offers, who knows maybe even the option eventually for direct dividend loading onto your card (certainly not at first IMO and I don't even know if legally this could be possible under the regulatory distribution guidelines). It is an interesting twist to a man that has shown some odd but very likable character in a number of ways. Assuming we do succeed, I would very much like for this path to continually be open for Urban to continue rewarding us and communicating with us. Why in the world not? 5. (Huge leap here) What do you fund these cards with? Cash. What have past releases mentioned? Cash dividends. What would be a perfectly timed "stored value" card to coincide with a sudden ability to have large amounts of funding transferred on to this card? Hmmmmmm. In time for Vegas maybe? Hmmmmmm. Yes, it's a leap, but my gut tells me they wouldn't be able to manufacture enough of these cards in time if we were to get a nice cash dividend in the near future. Uranium? Oil/gas? Potash? Gold? Something might have been sold off to supply a nice little cash reward in the near term to make these cards oh so very useful. You can bet your BUTT I'll be ordering a CMKXtreme card if I found a cash dividend coming my way that at the very least covered my initial investment (and hopefully a whole lot more). I know this point's a stretch, but if Urban knew he was about to make a lot of people very rich, boy oh boy is this card going to be VERY POPULAR. And if so, we will all look back and say "That Urban knew EXACTLY what he was doing." Make me a believer Urban (I already am but you know that). Is Urban tipping us off that cash is coming? Show me the money Urban and I will show you thousands of loyal shareholders that will use this card for the REST OF THEIR LIFE. Them's my thoughts. Like'em or lump'em. And as to some of the rather nasty private messages I've been getting, I've said it before. I ain't here on a popularity contest. These are my opinions. Get over it if they bother you!! Z
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Oct 21, 2004 10:06:46 GMT -5
Post by azesm on Oct 21, 2004 10:06:46 GMT -5
zeninvestor: "Something big is brewing" Posted by: zeninvestor32 In reply to: None Date:8/12/2004 8:57:16 PM Post #of 76631 MY THOUGHTS 8/12 Obviously the main focus of current events is just what is happening in meetings with Roger Glenn this week. And the good news is ... NOBODY KNOWS!! I believe we'll know soon enough despite what I fully understand is a frustrating, grueling wait for everyone. Nobody is probably more frustrated by it than Urban and Roger themselves, but the plan is the plan and it must go foward piece by piece. Given the complexity of it all, I'm sure it is an ever-evolving plan too that must adapt to variables as each piece is laid down. One piece of encouraging "news" is that Roger was in Saskatchewan yesterday and will be leaving on Tuesday. That's a full week. You have no idea how valuable that information is. A partner at his level is billed out at $500/hour and probably is billing Urban at 10 hours a day MINIMUM (depends on just how much is being accomplished and how late the evenings run -- partners that I've worked with out with clients in another city looking to accomplish quite a bit have routinely put in 15 hour days). The fact that he is taking a full week out of his schedule to be with CMKX full-time is about the largest commitment someone at his level can make. Believe me, the top securities guy in the NY office of EA is not traveling to put together visa cards! This trip IMO is a MINIMUM $40,000 to Urban for Roger's time. More importantly, it's a week's commitment by Roger and EA. To anyone that has friends in law that work at large firms (200+ attorneys), ask and confirm this that when a partner at that level commits like this to a client, this is a signficant piece of representation for that partner. I know. I've worked with Partners at Roger's level (for the record, they were not securities partners). Something big is brewing IMO. A weeklong trip by Roger is a STATEMENT. Mark my words. Today's Shore Gold news was significant. 22 batches out of the estimated 80-100 that will be evaluated are now in, yielding a total of 911 carats. Currently that puts Shore Gold on pace for between 3400-4100 carats (3000 is the target for economic viability), and better yet, these more advanced batches are turning up even more impressive results. The last two batches yielded some serious macros. For all the naysayers that were claiming the FALC region isn't really all it's cracked up to be, boy are they getting proven wrong. By the way, do a search back on the noted bashers on our board and their initial commentary on Shore Gold. If I'm remembering correctly, almost all of them prior to the drilling results (and even after the first 2 batches) were pooh-poohing Shore Gold as unproven and not likely to show any real promise. Oh how things have changed. And if they're 100% wrong on THAT assessment, how many other things might their negative bias have clouded their vision on? As to Melvin's running commentary, Melvie is a great guy, but he's got a lot going on right now between his family and the stress and toll that takes. Right now, I would not be surprised if most (if not all) signficant information is being specifically cordoned off from him. Thus, I don't really put a lot of stock into what Melvin says regarding events. I believe he may have more access to us on some mining information but generally speaking on everything else, I think he is EXACTLY where we are in terms of knowledge. I think he's as surprised by every press release as we are. So what I'm saying is if Melvins says "I'm not aware of any Uranium deals", I am not surprised. I doubt that Melvin WOULD be brought into the loop on that one until any PR comes out on it (assuming there actually are any). (BTW, personally I still believe Uranium will be a signficant right sold off - but that is just my opinion and I've already explained why [ cmkx.proboards35.com/index.cgi?board=greatposts&action=display&thread=1092176174 ]). Otherwise, low volume, low selling, no price movement, no significant PR, plenty of bashers. Just yer average CMKX day, eh? Z As always, these are my personal opinions. Hopefully nobody in here is investing anything but "fun" money that they can afford to gamble with. cmkx.proboards35.com/index.cgi?board=general&action=display&thread=1092362331or www.investorshub.com/boards/read_msg.asp?message_id=3796528
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Oct 21, 2004 10:09:28 GMT -5
Post by azesm on Oct 21, 2004 10:09:28 GMT -5
Posted by: zeninvestor32 In reply to: None Date:8/15/2004 2:14:32 PM Post #of 78184
A SWEEPING WAVE OF DISTORTION
I believe the next two weeks will be pivotal both in terms of the company moving forward and the information shareholders will have to evaluate. In the mean time, I believe the bashing will intensify to levels not yet experienced as a result of this. Already this weekend we are seeing accusations being leveled at the company and individuals with absolutely no evidence. It is my firm conviction that if the bashers had ANY proof whatsoever of anything negative or damaging by the company, or of any wrongdoing by the company that they would ABSOLUTELY WITHOUT A DOUBT NOT ONLY PUBLISH IT, BUT WOULD HAVE IT PLASTERED OVER EVERY OTHER POST 24/7. We have seen nothing but baseless accusations. Period. Please keep this in perspective as we enter a very critical time frame IMO for the company. As I believe the time frame for action is now tighter than ever, I look for heightened efforts to distort, lie and manipulate all information available. The CMKM Raging Bull is already a morass of complete and utter useless, vile filth. I believe we are on the 1 yard line. I believe that literally NOTHING is out of bounds at this stage for what may be attempted. Good luck to everyone going forward for the next 2 weeks. I believe this period will test you like never before. Hopefully I'm wrong and we get news that ends all debate tomorrow morning. More than likely, however, we will probably have to gut this out a bit longer before we know the results of this past week's meeting in Canada. I am more excited than ever and yet, realistically, I am braced for any delays that may trigger further swirling winds of distortion, confusion and manipulation. Unless I see SOLID PROOF otherwise, my belief is that Roger and the company are moving forward methodically, carefully, legally and with best efforts for the company and shareholders. To date I have found that to be the case. I see no reason to alter course at this time simply because a few posters with low credibility decide to get more shrill in their tone. I truly believe, based on all I have seen so far, that this will be the best investment available to me in my lifetime.
Z
As always, these are my personal opinions.
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Oct 21, 2004 10:12:18 GMT -5
Post by azesm on Oct 21, 2004 10:12:18 GMT -5
-------------------------------------------------------------------------------- Posted by: zeninvestor32 In reply to: None Date:8/16/2004 9:31:53 PM Post #of 79229
MY THOUGHTS 8/16
I am disgusted. The CMKX message boards have all degenerated into a playground of kindergarten finger-pointing, name-calling and hair-pulling. The longer this takes, the more inevitable such a situation was bound to happen. At this stage I simply no longer wish to participate in any such soap opera. My comments from here on out will be limited strictly to any information I uncover on my own DD (or others privately assist me with) and commentary on PRs. When I read a full day's posts now, I find that absolutely NOTHING is gained by doing so.
I am confident in my investment. All the evidence I need to believe in this company is out there and, to date, the bashers have STILL not provided me with anything other than unfounded, baseless insinuations to counter it. And I really don't give a rat's butt if anyone finds this post insulting or arrogant. I'm here for an investment. These boards have reached the point of diminishing return in terms of any DD or relevance. They sound like nothing more than a festering pit of fear, anxiety and hostility. Have fun. If you're smart, you tune in here for amusement only.
To the bashers, you disgust, revolt and repulse me. If karma exists, you've got a lifetime of illness and suffering ahead of you that even Job never endured. I leave you to continue devising your slithering traps of deception and to assuredly label me either a "sellout" or an "abandoner". Which IMO only reinforces your very sick, twisted nature.
To the loyal longs, my thoughts, hopes and dreams are always with you every step of the way. You can bank on that.
To those on the fence still, good LUCK in making your decisions. If you are basing them on what you find from these boards, then I wish you EXTRA luck.
See you after the next PR whenever that is. Over and out.
Z
As always, these are my personal opinions.
Hopefully nobody in here is investing anything but "fun" money that they can afford to gamble with.
Posted by: zeninvestor32 In reply to: None Date:8/16/2004 9:52:25 PM Post #of 79229
ADDENDUM 8/16
I return to my original belief that an attorney and law firm of Glenn's/EA's caliber do not take on a pink sheet at .0003 simply to "help them get going". No the original reason I bought is still the same reason I am here today, this does NOT happen with a pink sheet trading at this price unless something HIGHLY unusual is happening (and I mean POSITIVE because Roger is not and has never been in the business of defending companies). I continue to believe we will find out what that is in the near future. I have challenged bashers THREE times to find me a law firm of similar caliber that has ever represented a pink sheet before. They have provided a long list of ZIPPITY-FREAKING-DOO-DAH in response. I continue to believe that a man as dedicated to strict SEC compliance as Roger (reminder: also a former Deloitte auditor and former SEC Investigation man himself) is NOT here simply because a bag of dough was dropped on his desk. For anyone that has ever dealt with large law firms, they know that clients are taken on selectively and I would argue HIGHLY selectively after the Bre-X scandal, particularly in the mining industry. And I would argue TRIPLE HIGHLY selectively when the man they hire is the guy whose publication addresses SEC compliance with the Sarbanes-Oxley Act of 2002 - AN ACT IN DIRECT RESPONSE TO BRE-X AND ENRON!!
I am as strong and long as ever. I too wish this were moving faster but, as predicted repeatedly by me, "now that the lawyers are involved, this will meet NOBODY'S time frame but the bashers." In addition to Roger, the list of other evidence continues to mount and grow ((Shore Gold's finds, the Geodak/TDEM survey, De Beers' odd behavior, Rick Kusmirski, share dividends, etc.). I have not sold a share. I am here to see this succeed. For now, I believe the boards have ceased to be a forum for exchange and learning and instead are controlled almost exclusively by rampant, highly charged emotion with little relevance to facts or genunine understanding. Sorry for the diatribe but that is how I see it. Again, good luck to us all. Ok, over and out for GOOD (until the next PR).
Z
As always, these are my personal opinions.
Hopefully nobody in here is investing anything but "fun" money that they can afford to gamble with. Posted by: zeninvestor32
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Oct 21, 2004 10:18:28 GMT -5
Post by azesm on Oct 21, 2004 10:18:28 GMT -5
FYI...FWIW... Posted by: zeninvestor32 In reply to: None Date:7/18/2004 10:41:40 AM Post #of 80859
According to the March 31, 2004 UCAD 10Q filing, based on a 125-1 reverse split that was performed when they became UCAD from Barrington Foods, there were 5.46 million OS for UCAD. If they give us 7.5 million shares, we effectively own over 51% of UCAD.
30 days from trading beginning tomorrow puts us at August 19, one day before the dividend. If we trade over $3 for 30 days as UCAD, AMEX? If we trade over 30 days at over $5, Nasdaq? Reverse merger into UCAD since we already own it and we go public in 30 days?
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Oct 21, 2004 10:20:28 GMT -5
Post by azesm on Oct 21, 2004 10:20:28 GMT -5
FYI...FWIW,.... MY VIEWS ON STERLING AND HIS TRIP by: zeninvestor « Thread started on: Today at 12:35am »<br> -------------------------------------------------------------------------------- Posted by: zeninvestor32 In reply to: None Date:8/19/2004 12:30:04 AM Post #of 81156 MY VIEWS ON STERLING AND HIS TRIP 1. I have no problem with a shareholder visiting with the company on his own dime. And for those that feel it is unfair that any particular shareholder gets extra time with management, GET OVER IT. Analysts regularly call companies and get extended priority face time with management. Yes, Sterling is far from an analyst but it is Urban's decision as to who he meets with. If Urban decided he wanted shareholder views on certain matters but didn't feel comfortable inviting 800 shareholders, that's his choice. Deal with it. 2. Sterling apparently was put in charge of distributing shares to those he felt were loyal/needy. I have no issue with this as it is no different than Urban himself doing this or Urban assigning his wife shares to distribute or anyone else Urban would place into such a position. For whatever reason, Urban felt Sterling was closer to shareholders than Urban was and knew who would better appreciate shares. The bottom line is that Urban gave away his own personal restricted shares to those in need. For people who have a problem with charitable donation like this, GET OVER IT. 3. Now that having been said, I don't like it. I just think now is not the time for this to happen. Again I feel this is a poor timing decision by management. One among many. Thankfully they are all minor issues in my opinion. I dislike the visa pr for its timing. I dislike this share distribution for its timing. I dislike the Halloween party for its timing. I just honestly wish Urban and management could understand that until the facts are more fully disclosed with respect to the company, that we are ALL better off if the company would stop doing things that are either promotional or even charitable. It is just flat out weird to be giving away shares right now when shareholders are struggling with the facts and left to twist at the mercy of a share price that refuses to ever budge despite 98% buys. Again, I don't have a problem with Urban doing this, just NOT NOW. 4. I guess a second issue I have is not that Sterling is in charge of distribution, but that how is that distribution being policed. I don't suspect for a second that Sterling would do anything but distribute them to those he truly believed needed them. But still, there should be some sort of safeguard so that EVERYONE is comfortable that is happening. Otherwise how do people know Sterling is not showing favoritism or distributing to his friends/family. Again, I don't believe he would, but in the corporate world, you have independent audits/verification of these kinds of things to make sure they do not happen. I don't like the system Urban has chosen. I have mixed emotions about such a system since the root of it, after all, IS that Urban is charitably giving away his personal property. THAT is highly commendable. Still, right now, charitable or not, Urban's highest priority MUST be to current shareholders and such a move IMO undermines shareholder confidence. The timing is bad and the mechanism is questionable. I think this could have been handled more professionally. 5. Roger approved everything apparently. Although the bashers will surely attack Roger's credibility and claim "Oh, THIS is the guy you choose to believe in that lets THIS happen?" but, personally, yes, I do believe in Roger. I believe that unless you are a securities expert, then I don't think you have much strength in telling Roger what he should and shouldn't permit. I am not a securities attorney. I defer to Roger completely on the legality and permissibility of this. And since he apparently approved it, then I trust it is acceptable in the SEC's eyes. 6. As far as I can tell, Sterling stopped posting shortly before his trip. If he was then informed that these shares would be given to him and he then stopped posting and stopped appearing in Paltalk and, upon his return, promptly made the appropriate disclosures (currently on paltalk and presumably on his website), then I can't for the life of me understand why anyone would claim he's done anything improper. He has now made the proper disclosures. Whether you choose to see him as biased or not is your decision. He has disclosed any conflict. Prior to receiving these shares, there was no conflict if he recieved no compensation. Arguably, there STILL is no conflict as these shares are to be distributed to other people outside of sterling. But I say "arguably" because that is a gray area, but it's moot anyway after full disclosure. If you wish to feel Sterling is now biased, that's your choice. As far as I could tell, he had no way of knowing that he would definitely be in that position to distribute shares to others until they were HANDED to him. At that point, a conflict existed and Sterling has since made the appropriate disclosures IMO. Anyone sobbing over Sterling now being biased needs to remember that Sterling only ever offered his personal opinions. And I don't know the exact amount of shares that Sterling personally has owned throughout all this, but I have no doubt his opinions were heavily biased simply because he owned shares he bought with his own money. Just as my opinions were similarly biased and anyone else's that own shares. For those crying over this sudden "revelation", Sterling was just one man with his own opinions. Personally, I still think most of what he says has great merit and doesn't change AT ALL for me because of this disclosure. It's up to you, however, to decide how you feel. But don't ever blame him for "turning" on you or "misleading" you IMO. IMO you needed to be fully comfortable with your OWN assessment of all information before investing not because of one man. 7. None of this has any relevanace IMO to CMKX the company. Yeah, Urban is unconventional and gets ahead of himself when it comes to marketing and giving, but as I said before, this part of Urban IMO is why we will not only end up succeeding but doing better than other companies because of it. I don't see the fact that Urban decided to give away his personal shares for charitable distribution as having any effect on: our property, the Goldak/TDEM survey, our drilling, the possibility of a short squeeze, the dividends were getting, the progress we're making and Roger Glenn's/EA's oversight of it all. Bashers will have a field day with this. That's inevitable. My personal opinion is so what. I disagree with it myself but it doesn't effect my long-term outlook on this stock in the slightest. Some may sell tomorrow in reaction to it. Hey, that's their choice and, honestly, if they are selling because of Sterling, they probably shouldn't have bought in in the first place. This company has very little to do with Sterling AT ALL. Any investment decisions based purely on Sterling IMO are poor ones. Good luck to everyone. Those are my thoughts on Sterling and his recent trip. Any debate on my opinions and you can have at it with each other. I really don't care one way or the other. I'm over it and because I don't feel it impacts the future of this company in any way, I really don't care to discuss it any further. Take care and good night. See you after the next PR. Z As always, these are my personal opinions. Hopefully nobody in here is investing anything but "fun" money that they can afford to gamble with. www.investorshub.com/boards/read_msg.asp?message_id=3840176Logged
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Oct 21, 2004 10:21:13 GMT -5
Post by azesm on Oct 21, 2004 10:21:13 GMT -5
. Topic: Zeninvestor32 on UCAD PR. Posts: 25 Zeninvestor32 on UCAD PR. « Thread started on: Today at 04:34am »<br> -------------------------------------------------------------------------------- Zeninvestor32's post on UCAD PR. Also he has left CMKX board on IHUB for Mach's board. Link's below. Sugarpaw zeninvestor32 TODAY'S PR FOR UCAD Mach I have decided to officially post only over here instead of the three ring circus that is now called the CMKX board. The absurdity of the bashers' posts over there are beyond my tolerance levels. I hope this does not result in the migration over from that board of the lesser elements. I hope maybe a few worthy posters follow over to your board, which is respectful and genuine I feel, and free from those with an agenda other than to debate the legitimate merits of a stock. But if for some reason some of the snakes over there follow me and this becomes a problem, please message me and I'll return to posting back at the CMKX board. Thanks Mach. As for today's PR, at first I was pretty excited about it but only because I literally had 30 seconds to read it at the time and the possibilities immediately popped into my head of how this could be used to leverage CMKX's situation. Upon further investigation, however, I believe this is simply a funding tool for UCAD. The significance to CMKX imo is that some of this money will likely be used to close down on the remaining % of the option that UCAD has with CMKX. Only 50% of the London company's shares are locked in escrow. The other 50% I assume could be sold which could raise somewhere in the neighborhood $4.5 million to pay down on the CMKX option. Additionally, the deal is structured well. The London company's shares are restricted for 2 years. That implies some pretty solid faith in UCAD to allow 50% of the London company's shares to enter the market while having to lock up UCAD's shares fully for 2 years. And to all the bashers screaming "oh they'll just short against those restricted shares anyway to make money", you'd have to be an IDIOT to short what will likely amount to 2 million UCAD shares in the face of the impending anti-naked shorting rules. Can you even fathom having to cover 2 million shares of UCAD on the open market if the anti-naked shorting rules truly enforce delivery (a big question mark I know but if this round doesn't do it, at some point in the next 2 years, this is a REAL expectation imo). It just wouldn't be worth the risk to short against these restricted shares on a stock like UCAD that move $1 on 15k shares traded. So this deal seems to be a pretty well structured one. Bottom line is that it seems to me to be a reasonable financing package to help UCAD both expand internally and invest in CMKX. Things COULD get very interesting if UCAD-CMKX move to a fuller merger stage. One odd possibility that I just throw out there for kicks is that upon listing on the London Stock Exchange, perhaps there could be a pink sheet equivalent traded over in the US and perhaps UCAD could decide to issue a share dividend with a portion of the London shares which would naturally flow into all of our UCAD dividend shares, leaving the market makers short on a London-based stock as well. Interesting but I HIGHLY doubt that will happen. Would be kinda cool though. Anyway, not the big wow factor I first thought but solid news for ucad. Not every otc company gets such a fair deal on a $9 million financing. And hey, we own a huge chunk of UCAD. Nice. Not going to move CMKX and not going to create any great ripples. But nice. Z As always, these are my personal opinions. Hopefully nobody in here is investing anything but "fun" money that they can afford to gamble with. www.investorshub.com/boards/read_msg.asp?message_id=3849248-------------------------------------------------------------------------------- zeninvestor32 GOOD POST HOBY111 I agree 100% with your interpretations. ASSUMING, the London company debuts on time and has enough liquidity and interest to absorb UCAD selling shares, then this COULD work out well for UCAD. Something of note would be other companies that have recently structured deals with this London Company seem to also have this 50% available on debuting condition as well. See sec.gov/Archives/edgar/data/1102217/000113543204000151/galaxymineralsbody8k15jul04.htmIf all the companies they sign up with suddenly have 50% available, there could be a BOATLOAD of dumping in this first week. I guess the big question will be how well structured the IPO is in terms of absorbing shares entering the market. If Langley's investment bank sponsoring them (or whoever it is they use in London) does a solid job of prepping the market for their IPO, then perhaps these shares will be absorbed readily. Let's not forget the possibility that shares of Langley when debuting could go UP and prove a windfall to UCAD. I'm sure it will be no Google debut, but we just don't know how the IPO process will go there and what the market may think yet. Should be interesting to at least follow. Thanks for the post. Z As always, these are my personal opinions. Hopefully nobody in here is investing anything but "fun" money that they can afford to gamble with. www.investorshub.com/boards/read_msg.asp?message_id=3849714
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Oct 21, 2004 11:33:51 GMT -5
Post by azesm on Oct 21, 2004 11:33:51 GMT -5
Posted by: zeninvestor32 In reply to: None Date:8/23/2004 9:30:30 PM Post #of 8914
THE UPS AND DOWNS
A few interesting things of note:
1. For the last month at least, 96% buys hit the ask at .0004 and the stock did not budge. I don't care WHAT planet you trade on, this should NEVER happen. Whether it's shorting, selling real shares, going long or WHATEVER, there is no LOGICAL answer for that price to have remained deadlocked at .0004 for so long in the face of 96% buys. No matter what, whoever was selling COULD have gotten much higher prices and they CHOSE NOT TO. Why
2. "News" finally hit that should have rocked the stock downwards. And it closes at ... .0004? There was a brief takedown and then 6 MMs jumped on the bid back up to .0003 .... right where we've been for months. That should NOT happen on panic selling. Where did all these buyers suddenly come from at a time of "bad" news?
What I am saying is that even a proper shorting of this would not have produced the above results. A fairly traded stock would not have produced the above results. There is no logical reason IMO for the stock to lock at .0004 for a month and no logical reason for it to close UP today on the first whiff of "bad" news. You draw the conclusions you want from that. I already have.
Now, anyone want to bet that NOW if the MMs after one more shake decide to raise us to .0005 or even .0006 that there won't be a TON of sellers? Certainly a LOT more than there would have been last week. Last week, if you raised the ask to .0005.0006 you would have found panic buying ensue for longs fearing that this is about to move up and get away from them. This week, now that the "bad" news is out, a move to .0005 would induce panic SELLING as many more fence-sitters now feel better about selling off a percentage of their holdings (or all) at this higher price. These same fence-sitters last week would have been buying. This week they'd be selling. If the shorters want to cover, this may be how it plays out. Take all of the above for what it's worth.
I will say this much. I have one theory that I am 100% certain of. That theory is: we don't know JACK. My personal approach at this stage is to let the company fill me in on the details over time. Guessing at this stage is pointless to me. Still, I find (for the reasons above) the trading on this stock to be the most aberrant behavior I have ever witnessed on a stock.
Z
As always, these are my personal opinions.
Hopefully nobody in here is investing anything but "fun" money that they can afford to gamble with. Thanks for bringing this to our attention,,kenshin7 « Last Edit: Aug 23rd, 2004, 11:43pm by fastwalker »
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Oct 21, 2004 11:35:50 GMT -5
Post by azesm on Oct 21, 2004 11:35:50 GMT -5
Posted by: zeninvestor32 In reply to: Mach1cobra who wrote msg# 8920 Date:8/24/2004 12:14:20 AM Post #of 9149 TO ALL There are a lot of many great theories that I have read tonight. Many of them make perfect logical sense. The problem is that they cannot all exist at once. LOL But I am VERY impressed at the thought and meticulous care at people mapping out some very valid speculation. After reading them all, there is no one theory that screams it is DEFINITELY ME. I can't wait to see who is right. Because frankly, I'm baffled and haven't seen enough evidence to choose any one theory over another. I am 100% certain Roger knows which theory it is. I am 95% sure Urban knows which theory it is. And after those two, the percentages probably drop off precipitously. I agree that this is part of a plan. I have no reason to believe it was hastily done or done to stick it to shareholders. I am back to my original feelings -- grab some popcorn and enjoy the show. And as a special Olympic tribute, I will add "C'mon Roger. Stick that landing!" LOL Z As always, these are my personal opinions. Hopefully nobody in here is investing anything but "fun" money that they can afford to gamble with. www.investorshub.com/boards/read_msg.asp?message_id=3876279DIV DISTR. Right now, there is a discrepancy between the UCAD div. ratio and the CIM div. ratio listed on otcbb.com. Based on the UCAD dividend, you would arrive at 483B OS. Based on the CIM dividend, you would arrive at the 1 trillion+ OS count. Clearly this discrepancy cannot exist. Especially in light of the fact that the AS was only raised to 800B and not higher. Somewhere this discrepancy will have to be resolved. Only Roger probably knows why the discrepancy exists and the procedure with which it will be accounted for. To date, the 8% dividend theory does a remarkably accurate job of clearing it up. (The theory in a nutshell being that we will only get 8% of the shares as a dividend which when factored down reveals a float of 40B and a float of 115B after the 75B from the Nevada Minerals are counted which the theory holds will happen between August 20 and August 31). Amazingly, it works. However, at this stage, I am FIRMLY committed to no speculation. I await company clarification which eventually we will get. Based on FACTS, it appears that the discrepancy cannot exist without reconciliation. How that reconciliation occurs imo is part of the plan that will be revealed. Roger isn't going to make a mathematical error in this process. Not at this stage. I do not like the process with which this is unfolding. I do not like being in the dark this much with just hints and pieces of information unfolding. All I can do, however, is trust that it MUST be this way for a reason. As I said, this is testing my faith supremely in the company and Roger, especially in light of all the non-material items we are getting instead (visa PR, Vegas party, funny cars, Urban's secret giveaway). But then again, if we are right that a property like this has never been unearthed by a pink sheet before and if the MMs and/or their hedge fund clients made a supremely bad gamble against this, then this situation has NEVER existed before and I am willing to show patience in letting Roger resolve it on his schedule and as he sees fit. Because if we're right, we'll be a part of the biggest shakeup in the history of mining stocks. If we're wrong, chalk it up to another failed pink sheet that got overly promoted. Right now, enough circumstantial evidence weighs heavily for me in the camp of Roger and Urban. Without further clarification, the shorts/bashers got some circumstantial evidence on their side with the 800B AS, but they got no smoking gun. Neither side has had a smoking gun. The first one that gets one wins. It's as simple as that. My bet is with Roger. IMO, the dividend discrepancy is a huge hint that much more remains to be revealed. I guess we can definitely say this (as much as I hate saying it). We will DEFINITELY know the OS on September 24. I hate to think we'll have to wait that long to find out. But if we do, we do. I'm prepared to wait. I hope Urban and Roger see fit, however, to give shareholders some more concrete evidence before then. Surely they must understand how frustrating it is for us to be in the dark for this long with a share price that does NOT move (except down). Conversely, they may have to do what they have to do until September 24 without revealing anything. As I said, I am in "Sit back, have some popcorn and enjoy the show" mode. All we can do is wait, watch and see if our hero survives and moves on to glory, or bites the dust. Personally, I believe in a happy ending on this one. Z As always, these are my personal opinions. Hopefully nobody in here is investing anything but "fun" money that they can afford to gamble with. www.investorshub.com/boards/read_msg.asp?message_id=3883554
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Oct 21, 2004 11:38:01 GMT -5
Post by azesm on Oct 21, 2004 11:38:01 GMT -5
Here's some work for all our sleuths! Good Hunting... ZEN post on El Capitan « Thread started on: Today at 08:25am »<br> -------------------------------------------------------------------------------- Don't know what to make of this but here's a start. Maybe some fellow sleuthers can piece it together better than I. First off, ECPN (El Capitan) has moved from .14 to a current ask of .40 in the past 5 days. UCAD owns 80% of a JV with ECPN. biz.yahoo.com/e/040823/ucad.ob10qsb.htmlOn 6-28-04, ECPN completed a 3-1 forward split and authorized an increase to 100 million shares. www.sec.gov/Archives/edgar/data/1135202/000104910704000036/0001049107-04-000036.txtIt looks like as of 8-19-04, a certain company called Gold & Minerals Co, Inc. owned 33 million of the 51 million shares of El Capitan. This was filed on 8-23-04 www.sec.gov/Archives/edgar/data/1135202/000107654204000210/xslF345X02/primary_doc.xmlNow if we look at filings for Gold & MInerals Co, we see they haven't traded since 1986, yet they filed a 10K in June and had this statement in it: "MARKET INFORMATION. Registrant's common stock has not been actively traded since approximately 1986. The principal market in which the Registrant's common shares will be trading is the over-the-counter market commonly known as the Pink Sheets. Registrant does not know what its trading symbol will be at this time. Such over-the-counter market quotations reflect inter-dealer prices without retail markup, markdown or commission and may not necessarily represent actual transactions." www.sec.gov/Archives/edgar/data/42037/000095014701501086/0000950147-01-501086.txtOk, so it sounds like they are planning to go public soon. All at the same time that ECPN is exploding. And UCAD owns 80% of the COD mine through ECPN. Is there something being packaged up here? I don't know. I have always suspected we might see an ECPN dividend. Something very odd with ECPN for sure right now. I don't know what to make of it so I"m not starting any rumors. Just throwing this out there in case anyone wants to research further and see if they can connect any dots. Given the way ECPN is trading right now, I'd like to have a dividend of them too. LOL Z As always, these are my personal opinions. Hopefully nobody in here is investing anything but "fun" money that they can afford to gamble with.
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Oct 21, 2004 11:40:44 GMT -5
Post by azesm on Oct 21, 2004 11:40:44 GMT -5
Zeninvestor's post 8/29 (#1): Posted by: zeninvestor32 In reply to: None Date:8/29/2004 12:24:26 PM SOMETHING TO CHEW ON Something I have found interesting which seems to lend credibility to the 8% theory is that right now (depending on actual share structure), those 7.5 million shares of UCAD to be distributed represent anywhere from 35-49% of UCAD's fully diluted outstanding share count. Now here's what's odd. Even though they're restricted for a year, I can't believe there are too many companies that feel comfortable with 35-49% of their stock hitting the market at the same time. One of four things must have happened for UCAD to enter this deal with that possibility: 1. A merger of some sorts that will ultimately render our shares pointless anyway since they will be merged into one entity. 2. UCAD is supremely confident that their value will be so high in a year that the market CAN absorb a number of shares entering the marketplace. 3. UCAD plans on diluting out their stock so heavily in the next 12 months that the 7.5M shares will become a much smaller percentage and thus less impactful. 4. They know beforehand that CMKX will only be distributing 8% of the shares to shareholders which would represent 600k shares or roughly only 3-4% of the OS, a number far more palatable and readily absorbed in a year when they become unrestricted. Since #3 above is the basher argument and one that seems to fly in the face of the way UCAD has methodically watched its share structure and how tight it has remained, I dismiss this option (surely the bashers will jump on it). As to #2, I don't care how confident a company is, nobody likes that high of a % hitting the market at once. I'm willing to give #2 a low percentage of probability. Leaving us #1 or #4. I guess we'll know the answer soon enough. Just seems to me that this basic fact lends itself to one of those 2 being a high probability. We shall see. Also, with respect to Pedro and the lengthy exchange last night, I believe the right resolution was reached. Thank you Mach and Mex for handling this appropriately. Pedro is a very bright, intelligent poster but I had an almost identical exchange with him privately via email. I won't go into details but when I pressed him on a certain point, I ended up receiving the big F (rhymes with Duck Brew). I have also seen him follow this exact pattern of argument on the RB thread with at least 2 other credible longs. I've yet to see someone disagree with him where he doesn't end up saying "You need to drop this. You are out of line." And now he is calling this board a Hitler Youth Club, which to be honest, is about one of the most offensive things I've heard yet on any of these boards. ( investorshub.com/boards/read_msg.asp?message_id=3914294 ) It's a shame. He's got some reasonable things to listen to but they are absolutely tainted by his bitterness should you not agree 100%. The fact that he has regressed back to the wasteland of the CMKX board on RB and investors hub is probably where an attitude like that can better thrive. No doubt the bashers will appreciate his feistiness and, in fact, use him for it. For the record, too, I believe ns's question re: Pedro's support on JEFF, NITE and CRWN was a 100% valid question. I myself researched their insider holdings as Pedro suggested and found no signifincat insider selling either. I think it was a valid question to understand his position better and certainly NOT a time for him to lash out at people. He has been rude, disrespectful and arrogant with respect to any "debate" and his "Hitler Youth Club" reference is offensive enough to put to Matt to have him banned. I wonder if he even realizes how offensive that is. Z
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Oct 21, 2004 11:41:02 GMT -5
Post by azesm on Oct 21, 2004 11:41:02 GMT -5
Zeninvestor's 8/29 post (#2): Posted by: zeninvestor32 Thought this was interesting. ragingbull.lycos.com/mboard/boards.cgi?board=CMKX&read=511228Plus, it is supported as I mentioned before by the following excerpt from the UCAD filing on July 21. 5.4 Litigation. There is no action, suit, inquiry, proceeding or investigation by or before any court or Governmental Body pending or threatened in writing against or involving Seller or any of its Subsidiaries which is likely to have a material adverse effect on the business or financial condition of Seller and its Subsidiaries, taken as whole, or which would require a payment by Seller or its subsidiaries in excess of $2,000.00 in aggregate or which questions or challenges the validity of this Agreement. Neither Seller nor any or its Subsidiaries is subject to any judgment, order or decree that is likely to have a material adverse effect on the business or financial condition of Seller and its Subsidiaries, taken as a whole, or which would require a payment by Seller or its subsidiaries in excess of $2,000.00 in aggregate. That is a statement that was assuredly reviewed and agreed to by Roger Glenn. You can't make this statement if there were any SEC or other governmental inquiries. Seems to fly in the face of all the basher rhetoric that Glenn was hired to handle problems the company might be having with the SEC. sec.gov/Archives/edgar/data/1104194/000123224704000032/enio12.txtZ
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Oct 21, 2004 11:42:25 GMT -5
Post by fastwalker on Oct 21, 2004 11:42:25 GMT -5
;DZ « Thread started on: Today at 11:12am » <br> -------------------------------------------------------------------------------- Posted by: zeninvestor32 In reply to: None Date:10/21/2004 10:39:39 AM Post #of 18971 LOOKS LIKE I'LL BE DOUBLING DOWN LOL Well, I knew it when I bought GEMM but went ahead and did it anyway. Way too much time before the covering has to begin in earnest IMO for GEMM so looks like the big shake is on. I have funds available again next week (only $750) and I WILL be doubling down on GEMM. Dear MMs, if you would like to shake it down to .04 again, please feel free to do so next week so I can buy more. This is an investment for November IMO. I do wish I had waited to get in cheaper however I do still believe as a result of dividend covering that GEMM will eventually reach $1 in late November/early December. Until then who knows. If I can average in at 10 cents, I'm going to be even happier than an average of 16 cents. I hate playing this game, but that's the way it works IMO. Z As always, these are my personal opinions. Hopefully nobody in here is investing anything but "fun" money that they can afford to gamble with. 66.25.79.105 -------------------------------------------------------------------------------- Information /opinions contained in this documents are drawn from sources believed reliable and the accuracy/completeness of the document is not guaranteed, nor do I assume any liability..Do your own DD.."A man who does not think for himself, does not think at all. Thinking can not be done by proxy" fastwalker Global Moderator member is online "Mr Casavant, I've been a good boy..Xmas..could I have some diamonds..please? Gender: Posts: 3247 Re: Z « Reply #1 on: Today at 11:16am » <br> -------------------------------------------------------------------------------- question...Zen - just wanted to point out that the UCAD 3 for 1 split was started as a race rumor as was the acqusition of a gold mine for cash flow. Seems some of those race rumors are coming true. The only trouble is the time line. Posted by: zeninvestor32 In reply to: bugscoe who wrote msg# 18908 Date:10/20/2004 9:10:01 PM Post #of 18973 BUGSCOE I debated pointing out the UCAD forward split in my post. Yes, it "came true" but I just didn't see that as any really big deal. Rendal said that if the stock price rose a lot higher, they'd split it 3 for 1. It did. No big deal. In terms of importance, this "rumor" rated about a 1 on a scale of 1-10. In the long run, the split is a good thing IMO but for now, it just won't have much of an impact on anything. As for predicting gold mines, that was a pretty wide open assumption we all assumed UCAD was pursuing anyway in Ecuador. Not much of a rumor there. For that matter, Topo "predicted" a PR last weekend. Big deal. Someone probably told him a PR was coming. So he got that right even though he didn't know what it was. I still wouldn't believe a word he or any other poster says at this point. (and i know you meant your post nicely, I just wrote the above because I'm sure dozens others said "yeah, but the UCAD forward split was right" LOL) Z As always, these are my personal opinions. Hopefully nobody in here is investing anything but "fun" money that they can afford to gamble with. « Last Edit: Today at 11:17am by fastwalker » 66.25.79.105 -------------------------------------------------------------------------------- Information /opinions contained in this documents are drawn from sources believed reliable and the accuracy/completeness of the document is not guaranteed, nor do I assume any liability..Do your own DD.."A man who does not think for himself, does not think at all. Thinking can not be done by proxy" Pages: 1
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