Post by fastwalker on Jan 26, 2005 18:49:13 GMT -5
THE MASTER PLAN
There’s a lot to sort out here. And just when you think you’ve got a handle on things, one more variable pops into your head that sends it all spinning. Believe me, I won’t claim to understand everything that is happening. I’m going to take my best stab at this but please understand that we are trying to guess Roger and Urban’s master plan and that is obviously under wraps.
First things first. Where I was BEFORE this release. My belief was that Roger and Urban were going to divvy up CMKX’s rights and claims and transfer them all to other vehicles. Cleaner vehicles free of shorting. Basically I believed the plan was to effectively “gut” CMKX and transfer ownership of everything into many, many, many different vehicles. First I believed that Urban would distribute every claim piece by piece – gold, zinc, uranium, copper, oil/gas, potash, etc. Whether it was CIM or UCAD or another entity (possibly a partnership with DeBeers?), I believed that in the end one other company would “buy out” their only remaining rights – diamonds. Effectively this would have distributed all rights to us the shareholders across a broad base of dividends and effectively stairstepped the value of the company, and screwed the short position blow by blow until their complete capitulation with the diamond rights. And then the vehicle which bought the diamond rights would be the one to go public so that Urban continues to be king of diamonds. Anyway enough of that. Things change.
What have we learned from this PR?
Urban is indeed giving. He is giving up 40 billion shares and is refusing to take a dividend on them while refusing payment for them except when the mining is profitable. I think we will continue to see his “giving” nature.
Roger is not only on board but actively partaking in the company’s plan. I must stress that a partner of this level becoming intimately involved enough to take trips of this nature means Roger is not simply filing paperwork. No, he is ACTIVELY engaged in this process. This is bigger than many can imagine.
There was something of significant value on that aerial survey in those 500,000 acres. Otherwise, Urban wouldn’t be wasting his or our time on them. Remember that this is THE MOST ADVANCED, DETAILED SURVEY DONE ON THIS PROPERTY.
This release tells me NOTHING about the trading float. It tells me there are restricted shares. It tells me Urban owned at least 40 billion shares. It tells me there will be 35 billion shares paid over to Nevada Minerals (who is owned by cmkx and UCAD now (who by the way is owned 49% by CMKX) but more on this later). Still I’m left not knowing the trading float. And I think that’s for a reason (more on that too in a bit).
This release tells me that Urban and Roger are very acquisitive.
This release tells me there are so many pieces in place and remaining to be put in place that we need to sit back and watch it all unfold.
THE EMPIRE
For starters, I believe we are on the edge of an empire in mining. There are some that dismiss our mining claims as puffery or horse manure. I believe nothing could be further from the truth. I believe the aerial survey is not simply a “rough idea” of this area’s deposits. I believe it displayed loud and clear the most impressive array of mining rights and claims probably ever seen before. I think well find out more detail about these “anomalies” in due time, possibly with some drilling results contained in a secured warehouse : ) . But I believe Roger didn’t step into the ring for real until that survey was completed and it confirmed everything that was suspected about this property – namely that it may be one of, if not THE, wealthiest properties ever witnessed.
So how do you just one day build an empire. Do you wave a flag and say “Here we are!! Come and get us” Not really. It’s just not that simple. Particularly when DeBeers is probably flanking you with a potential assault and the hedge funds are slapping your stock price around like a ragdoll. Enter Roger Glenn. Now a master plan for the empire must be assembled. The shorts must be eliminated. An appropriate vehicle or vehicles must be established to handle an empire’s worth of operations. And quite frankly, a pink sheeted CMKX shorted into the ground ain’t gonna cut it!!
IMO what is now becoming more obvious with each release is that a collection of juniors are conglomerating to form a unified empire of rights and claims. UCAD is giving us half ownership of their company. Now we’re giving UCAD a piece of CMKX. We’re all acquiring Nevada Minerals. UCAD owns a majority interest in Juina. I’m guessing United Carina is not far off. I’m guessing Consolidated Pine Channel is not far off. Shane Resources too. Not so sure about Shore Gold but possible. When it’s all said and done, UCAD is looking like a very tasty vehicle to hold an awfully large percentage of our claims … if not perhaps all of them. And what better name for a North American major to be formed than UCAD … U.S. Canadian Minerals, Inc. So, my thoughts today are that this release is yet another step in the direction of bringing all intended claims under the fold of a separate entity. Nevada Minerals held a biggie. 500k acres. Yeah, that’s a monster, and I’m guessing based on the aerial survey, it’s a bigger monster than any of us expect. I think this release was CRITICAL in acquiring a piece of property of this potential value at this stage. It is all part of the plan to bring these companies and properties together as one.
What else is in store? My thoughts lead me to the PR on December 29, 2003 talking about 2 public companies looking to buyout certain rights and claims from CMKX. Supposedly those buyouts were to be done by the end of January but mysteriously they were put on hold. I believe it was around this time that the REAL plan was actually begun and the talks for any buyouts were scrapped until far greater pieces were in place. And now they are. What are these other claims to be bought out? My best guesses lead me to a buyout of our potash, uranium and oil/gas rights. Someone mentioned POT (NYSE) the other day. Maybe. Our area is also widely known as highly rich in uranium. Others have hinted at map claims that seem to indicate we hold uranium rights. I don’t doubt that uranium would be a wonderful right to sell off for a huge cash infusion given that it is probably so highly regulated I doubt anyone in this new company would care to deal with THAT particular element. And as for oil/gas, I’m guessing that would be another great right to sell off as it doesn’t seem to fit what is developing to be a “precious metals” profile. I’m sure there would be suitors aplenty for all of these rights.
Ok, so back to the PR. Yeah, what about that PR? I offer all of the above as reason enough to say that if you overanalyze this PR you will make yourself ill. There is clearly something MASSIVE going on here. You don’t do the corporate shuffle at this level unless you are bracing for something significant. Roger Glenn does not sit around late at night devising clever corporate ways to burn through Urban’s money just so that he can get his legal fees. No, this is part of a master plan. And if anyone here (including myself) is arrogant enough to think they can get it correct, they are idiots. All we can do is guess and try to keep our eye on the forest and not the trees. Still, a few trees are forming.
There’s a lot to sort out here. And just when you think you’ve got a handle on things, one more variable pops into your head that sends it all spinning. Believe me, I won’t claim to understand everything that is happening. I’m going to take my best stab at this but please understand that we are trying to guess Roger and Urban’s master plan and that is obviously under wraps.
First things first. Where I was BEFORE this release. My belief was that Roger and Urban were going to divvy up CMKX’s rights and claims and transfer them all to other vehicles. Cleaner vehicles free of shorting. Basically I believed the plan was to effectively “gut” CMKX and transfer ownership of everything into many, many, many different vehicles. First I believed that Urban would distribute every claim piece by piece – gold, zinc, uranium, copper, oil/gas, potash, etc. Whether it was CIM or UCAD or another entity (possibly a partnership with DeBeers?), I believed that in the end one other company would “buy out” their only remaining rights – diamonds. Effectively this would have distributed all rights to us the shareholders across a broad base of dividends and effectively stairstepped the value of the company, and screwed the short position blow by blow until their complete capitulation with the diamond rights. And then the vehicle which bought the diamond rights would be the one to go public so that Urban continues to be king of diamonds. Anyway enough of that. Things change.
What have we learned from this PR?
Urban is indeed giving. He is giving up 40 billion shares and is refusing to take a dividend on them while refusing payment for them except when the mining is profitable. I think we will continue to see his “giving” nature.
Roger is not only on board but actively partaking in the company’s plan. I must stress that a partner of this level becoming intimately involved enough to take trips of this nature means Roger is not simply filing paperwork. No, he is ACTIVELY engaged in this process. This is bigger than many can imagine.
There was something of significant value on that aerial survey in those 500,000 acres. Otherwise, Urban wouldn’t be wasting his or our time on them. Remember that this is THE MOST ADVANCED, DETAILED SURVEY DONE ON THIS PROPERTY.
This release tells me NOTHING about the trading float. It tells me there are restricted shares. It tells me Urban owned at least 40 billion shares. It tells me there will be 35 billion shares paid over to Nevada Minerals (who is owned by cmkx and UCAD now (who by the way is owned 49% by CMKX) but more on this later). Still I’m left not knowing the trading float. And I think that’s for a reason (more on that too in a bit).
This release tells me that Urban and Roger are very acquisitive.
This release tells me there are so many pieces in place and remaining to be put in place that we need to sit back and watch it all unfold.
THE EMPIRE
For starters, I believe we are on the edge of an empire in mining. There are some that dismiss our mining claims as puffery or horse manure. I believe nothing could be further from the truth. I believe the aerial survey is not simply a “rough idea” of this area’s deposits. I believe it displayed loud and clear the most impressive array of mining rights and claims probably ever seen before. I think well find out more detail about these “anomalies” in due time, possibly with some drilling results contained in a secured warehouse : ) . But I believe Roger didn’t step into the ring for real until that survey was completed and it confirmed everything that was suspected about this property – namely that it may be one of, if not THE, wealthiest properties ever witnessed.
So how do you just one day build an empire. Do you wave a flag and say “Here we are!! Come and get us” Not really. It’s just not that simple. Particularly when DeBeers is probably flanking you with a potential assault and the hedge funds are slapping your stock price around like a ragdoll. Enter Roger Glenn. Now a master plan for the empire must be assembled. The shorts must be eliminated. An appropriate vehicle or vehicles must be established to handle an empire’s worth of operations. And quite frankly, a pink sheeted CMKX shorted into the ground ain’t gonna cut it!!
IMO what is now becoming more obvious with each release is that a collection of juniors are conglomerating to form a unified empire of rights and claims. UCAD is giving us half ownership of their company. Now we’re giving UCAD a piece of CMKX. We’re all acquiring Nevada Minerals. UCAD owns a majority interest in Juina. I’m guessing United Carina is not far off. I’m guessing Consolidated Pine Channel is not far off. Shane Resources too. Not so sure about Shore Gold but possible. When it’s all said and done, UCAD is looking like a very tasty vehicle to hold an awfully large percentage of our claims … if not perhaps all of them. And what better name for a North American major to be formed than UCAD … U.S. Canadian Minerals, Inc. So, my thoughts today are that this release is yet another step in the direction of bringing all intended claims under the fold of a separate entity. Nevada Minerals held a biggie. 500k acres. Yeah, that’s a monster, and I’m guessing based on the aerial survey, it’s a bigger monster than any of us expect. I think this release was CRITICAL in acquiring a piece of property of this potential value at this stage. It is all part of the plan to bring these companies and properties together as one.
What else is in store? My thoughts lead me to the PR on December 29, 2003 talking about 2 public companies looking to buyout certain rights and claims from CMKX. Supposedly those buyouts were to be done by the end of January but mysteriously they were put on hold. I believe it was around this time that the REAL plan was actually begun and the talks for any buyouts were scrapped until far greater pieces were in place. And now they are. What are these other claims to be bought out? My best guesses lead me to a buyout of our potash, uranium and oil/gas rights. Someone mentioned POT (NYSE) the other day. Maybe. Our area is also widely known as highly rich in uranium. Others have hinted at map claims that seem to indicate we hold uranium rights. I don’t doubt that uranium would be a wonderful right to sell off for a huge cash infusion given that it is probably so highly regulated I doubt anyone in this new company would care to deal with THAT particular element. And as for oil/gas, I’m guessing that would be another great right to sell off as it doesn’t seem to fit what is developing to be a “precious metals” profile. I’m sure there would be suitors aplenty for all of these rights.
Ok, so back to the PR. Yeah, what about that PR? I offer all of the above as reason enough to say that if you overanalyze this PR you will make yourself ill. There is clearly something MASSIVE going on here. You don’t do the corporate shuffle at this level unless you are bracing for something significant. Roger Glenn does not sit around late at night devising clever corporate ways to burn through Urban’s money just so that he can get his legal fees. No, this is part of a master plan. And if anyone here (including myself) is arrogant enough to think they can get it correct, they are idiots. All we can do is guess and try to keep our eye on the forest and not the trees. Still, a few trees are forming.
