Post by shaboink on Oct 22, 2004 5:48:47 GMT -5
August Focus Stock Update
CMKM Diamonds, Inc. (CMKX)
Press Release issued last Tuesday, October 19
CMKM Diamonds, Inc Acquires Established Gold Mine in Ecuador
The Green Baron Report hopes that everyone was able to listen to the audio taped interview with CMKM Diamonds, Inc. CEO Mr. Urban Casavant and U.S. Canadian Minerals CEO Mr. Rendal Williams made available Sunday night to our members and Monday to the general public. We intend to have more interviews with executives affiliated with CMKX, UCAD, and other related companies in the near future. We are also diligently working on a way to offer taped delayed broadcast of some of the speeches that should occur at the UCAD/CMKX shareholder appreciation event held in Las Vegas October 29-31. At least two partners of our parent company, Evergreen Marketing Inc., will be in attendance for the event, and we hope we get a chance to meet all our members that go.
The price of CMKX stock continues to be pegged on the offer at .0002 through the close of today’s trading. If this continues to be the case when the Vegas event begins, we will be sure to ask specifically why the stock remains trapped at this level. We intend to go to Vegas with a long list of questions, and we are hopeful that most will be answered. The Green Baron Report certainly expected we would begin to see the price per share of CMKX start its climb by the end of October. We continue to exhibit patience and suggest all members hold tight. We like the news that has been announced recently, and our parent company has once again added to its position of CMKX this week.
On Tuesday, October 19, 2004 CMKM Diamonds, Inc. headed by its CEO Urban Casavant and his advisory team accompanied by the company’s SEC attorney Roger Glenn successfully concluded the major ownership acquisition of the established American Mine in Portovelo, Ecuador. CMKM Diamonds and its operating partner Minera Nevada SA, a subsidiary of Nevada Minerals, Inc. of Las Vegas , Nevada will manage a major corridor of gold production inside this region. The current yield coming through the American Mine is 40 tons of gold ore on a daily basis. The entire release can be viewed by clicking biz.yahoo.com/bw/041019/196062_1.html.
The Green Baron Report recognizes the attempt by CMKM Diamonds to show revenues in the short term. By purchasing an established mine, the Company also does not have the same start up costs as compared to a brand new project. We have not had the chance to speak to management about their expectations of this project.
More important than the potential for significant revenues in the near-term was the attendance in Ecuador by attorney Roger Glenn. The Green Baron Report has noted the significance of Roger Glenn’s continued involvement with CMKM Diamonds in several recent updates. We were pleasantly surprised to see that Mr. Glenn made the journey to Ecuador, and once again lent his name to the latest public release. If there is a short position of any kind in CMKX, we would think this would scare the daylights out of those on that side. Remember, it usually gets darkest before the dawn, and we continue to believe CMKX will be The Stock Play of a Lifetime.
Finally, some members have asked about the upcoming 3 for 1 UCAD stock split that is planned to occur on October 25. The rule for stock splits is that if the stock is purchased at the pre-split price, one will always receive the shares of the split, or in the case of a reverse split they would be taken away. To receive a stock dividend, the trade must usually settle on or before the date of record.
CMKM Diamonds, Inc. (CMKX)
Press Release issued last Tuesday, October 19
CMKM Diamonds, Inc Acquires Established Gold Mine in Ecuador
The Green Baron Report hopes that everyone was able to listen to the audio taped interview with CMKM Diamonds, Inc. CEO Mr. Urban Casavant and U.S. Canadian Minerals CEO Mr. Rendal Williams made available Sunday night to our members and Monday to the general public. We intend to have more interviews with executives affiliated with CMKX, UCAD, and other related companies in the near future. We are also diligently working on a way to offer taped delayed broadcast of some of the speeches that should occur at the UCAD/CMKX shareholder appreciation event held in Las Vegas October 29-31. At least two partners of our parent company, Evergreen Marketing Inc., will be in attendance for the event, and we hope we get a chance to meet all our members that go.
The price of CMKX stock continues to be pegged on the offer at .0002 through the close of today’s trading. If this continues to be the case when the Vegas event begins, we will be sure to ask specifically why the stock remains trapped at this level. We intend to go to Vegas with a long list of questions, and we are hopeful that most will be answered. The Green Baron Report certainly expected we would begin to see the price per share of CMKX start its climb by the end of October. We continue to exhibit patience and suggest all members hold tight. We like the news that has been announced recently, and our parent company has once again added to its position of CMKX this week.
On Tuesday, October 19, 2004 CMKM Diamonds, Inc. headed by its CEO Urban Casavant and his advisory team accompanied by the company’s SEC attorney Roger Glenn successfully concluded the major ownership acquisition of the established American Mine in Portovelo, Ecuador. CMKM Diamonds and its operating partner Minera Nevada SA, a subsidiary of Nevada Minerals, Inc. of Las Vegas , Nevada will manage a major corridor of gold production inside this region. The current yield coming through the American Mine is 40 tons of gold ore on a daily basis. The entire release can be viewed by clicking biz.yahoo.com/bw/041019/196062_1.html.
The Green Baron Report recognizes the attempt by CMKM Diamonds to show revenues in the short term. By purchasing an established mine, the Company also does not have the same start up costs as compared to a brand new project. We have not had the chance to speak to management about their expectations of this project.
More important than the potential for significant revenues in the near-term was the attendance in Ecuador by attorney Roger Glenn. The Green Baron Report has noted the significance of Roger Glenn’s continued involvement with CMKM Diamonds in several recent updates. We were pleasantly surprised to see that Mr. Glenn made the journey to Ecuador, and once again lent his name to the latest public release. If there is a short position of any kind in CMKX, we would think this would scare the daylights out of those on that side. Remember, it usually gets darkest before the dawn, and we continue to believe CMKX will be The Stock Play of a Lifetime.
Finally, some members have asked about the upcoming 3 for 1 UCAD stock split that is planned to occur on October 25. The rule for stock splits is that if the stock is purchased at the pre-split price, one will always receive the shares of the split, or in the case of a reverse split they would be taken away. To receive a stock dividend, the trade must usually settle on or before the date of record.