Post by noahltl on Oct 1, 2005 7:11:13 GMT -6
Dr D breaks his silence.
DrDiamond
Global Moderator
member is offline
Dr.D and Ron Casavant
Joined: Aug 2004
Gender: Male
Posts: 1,118
Location: Kentucky
JMHO - We've got off track
« Thread Started on Today at 1:17am »
--------------------------------------------------------------------------------
I must admit I have been a way from the boards for some time and things really seem to have changed. It’s amazing how many faithful have departed the ranks leaving the boards and possibly CMKX and some have crossed over and began to bash. I guess the long silent period along with information that has been gathered by others without company explanation is kind of wearing on all involved. None of us expected there would be such a long silent period with so much going on. I would only say that in my years of experience there is always more to the numbers and reports that are recorded than meets the eye. Everything with CMKX, including the reports and documents that are being circulated, has more to them than meets the eye.
Many have wondered where I have been. I have been busy working with the Katrina situation and many other things as well, but I want to take this opportunity to say “thank you” to everyone that has contributed or given of their selves to assist the victims of this catastrophic event. We are all feeling the effects of Katrina’s impact and unfortunately it will continue to affect us for a few years to come.
I am writing this because I was recently asked an interesting question by certain individuals that are, let’s say, very close to the CMKX situation. First off, I found it strange that I would be contacted and queried since I had chosen to draw away from the boards and Pal Talk. The question was multi faceted and this is a generalized version of that question: what, in my opinion, would be a favorable move for management to take to remedy the NSS, give the MM’s an alternative, serve the best interests of the shareholders {legit and NSS}, raise the PPS to an acceptable level to apply to an exchange, generate revenue for the company to further develop the assets, establish a time line for covering and completion, etc… This didn't sound like a question from individuals trying to run away or hide, IMHO.
I will not disclose what my answer was in case a decision is made to go along with any of my suggestions. I hesitate to share along these lines and I will try to be brief as possible as I am sure some may remember I can get a little long worded at times.
I will begin by saying that although I have been away from the boards I have not been out of the communication loop that I have enjoyed all along. I have never said all I knew, but only all I could and now is no different. Remember that these are only my opinions and I do ask that you treat them as such.
The main thought on my mind is that there is a remedy at hand and hopefully Mr. Casavant and Mr. Maheu with the assistance of Mr. Stoecklein will be or has been able to achieve complete success. My thanks to Mr. Maheu and his involvement with CMKX as we will all eventually, IMHO, owe him considerably for his efforts. Beyond the current 40,000 dollars a month he is receiving.
I am hopeful that Mr. Casavant has been successful in his discussions of late with certain entities, and I believe he has been. Many have no idea what the “PLAN” is, but I believe the generalities of it has been obvious for some time, it is just a matter of whether they are able to pull it off or not. From the beginning of CMKX’s regulatory woes, Mr. Maheu and Mr. Casavant have stated that they were not going to let the regulatory issues divert their attention away from their primary goals of claiming new lands, strategic drilling activities, and developing the assets currently in our possession. Some have played Mr. Maheu off as a “name” CMKX is using and nothing more. They could not be further from the truth, but only time will reveal it.
The regulatory woes have been the breaking point for most CMKXers with others falling victim to newly discovered documents, reports, and individual’s interpretation of what they all mean. Some have apparently even decided to pursue possible legal actions against the company as though this will some how fix things to some degree or allow some to salvage what they can before it’s too late. I will simply state my position that litigation against the company is and should be out of the question and is not the solution.
Whether anyone still acknowledges it or not we have a huge NSS position being held by the market on CMKX and I believe the temporary solution for many could come by continuing to press that issue. It seems strange that when we are on the verge of proving a NSS position and bringing the market to task to resolve the outstanding NSS position that documents begin to surface trying to shine a negative light on the management of CMKX. What mainly did this accomplish? It took the forward pressure that CMKXers and the OG had made up to that time pertaining to the demand for the resolution and exposure of the NSS issues of CMKX by the SEC and the SRO’s on a detour that caused many to end up on the wrong side of the tracks and asking for the companies head on a platter.
The NSS resolution is still a plus for all of us if we will see it through. Asset wise, we just recently had the reports by United Carina about our percentages in UCA, we have the American Mine Shaft, plus the other mineral rights that we reportedly have secured in Saskatchewan. Aside from all of that there is more. First I think we have to get over the issues about what the company did, who did it, how they did it, and why they did it, because it is holding us back from executing a temporary solution for generating value for us. I personally don’t care “at this point” if there is 703 billion shares outstanding, nor that they apparently were sold into the market place either directly or indirectly by CMKX or by a third party with restrictions removed. Yes it sucks. On the surface this could qualify CMKX as being a pump and dump, but where is the fatal “reverse split” of 10,000 to 1 or even a 1,000 to one? It isn’t there. Why wouldn’t they just go away as a failed mineral exploration company? It happens almost every day. Don’t think that 50,000 shareholders are keeping them from going away, not now.
I determined that I can’t change what has been sold into the market, or why it was sold into the market, or who sold it into the market and neither can anyone else. One thing that selling did for us, was that it convinced the MM’s that CMKX was a pump and dump and they naked shorted the fire out of it, “To Da Moon”. My professional friends have assured me that the NSS position on CMKX is between 2.2 trillion and 3.7 trillion shares.
Secondly, if we had no other assets, and I fully believe we do, the pressure that has been generated by the company issuing the share dividends from USCA, GEMM, and CIM, along with work by the OG has locked us into the driver’s seat to FORCE the market to cover and generate a high level PPS whether regulators help us or not. This is why it is not good that we have been side tracked by all of the documents and accusations over he did, she did, they did, OH MY. It may appear to be helpful or great DD, but I think at this point it is only distracting us from achieving our immediate goals of generating shareholder value.
I think the company is for real, in spite of performance, delays, blunders, and much more… and I intend to be around for the resolutions of the NSS, acquisitions, and asset developments of the future.
I believe the facts remain that if the company never had a single asset and if the company never did another thing productive, we could still help ourselves because many of us own shares that can’t be legally supplied by the market system because they are Naked Short. Pursuing the resolution of the NSS position is the most direct way for us to help ourselves and this is definitely one thing the company seemed eager to cooperate with us to accomplish. I think we need to get back on track and let the company work to resolve the regulatory issues if it can, continue to develop old assets and claim new ones while we put pressure on the market place in a united effort to win this thing once and for all. The whining has to stop.
I have said it before and I will say it again, if the regulatory issues end in a revocation, it is not over for us by any means. I think we need to regroup pick up the momentum that we had on the NSS resolution and run with it. I believe it is a win, win situation.
These are just my opinions and I ask that you treat them as such.
My thanks to all of you that are helping out on the boards especially those that are trying to keep CMKXers dreams alive. We have great potential if we will only allow ourselves to realize it.
Be well.
Dr.D
DrDiamond
Global Moderator
member is offline
Dr.D and Ron Casavant
Joined: Aug 2004
Gender: Male
Posts: 1,118
Location: Kentucky
JMHO - We've got off track
« Thread Started on Today at 1:17am »
--------------------------------------------------------------------------------
I must admit I have been a way from the boards for some time and things really seem to have changed. It’s amazing how many faithful have departed the ranks leaving the boards and possibly CMKX and some have crossed over and began to bash. I guess the long silent period along with information that has been gathered by others without company explanation is kind of wearing on all involved. None of us expected there would be such a long silent period with so much going on. I would only say that in my years of experience there is always more to the numbers and reports that are recorded than meets the eye. Everything with CMKX, including the reports and documents that are being circulated, has more to them than meets the eye.
Many have wondered where I have been. I have been busy working with the Katrina situation and many other things as well, but I want to take this opportunity to say “thank you” to everyone that has contributed or given of their selves to assist the victims of this catastrophic event. We are all feeling the effects of Katrina’s impact and unfortunately it will continue to affect us for a few years to come.
I am writing this because I was recently asked an interesting question by certain individuals that are, let’s say, very close to the CMKX situation. First off, I found it strange that I would be contacted and queried since I had chosen to draw away from the boards and Pal Talk. The question was multi faceted and this is a generalized version of that question: what, in my opinion, would be a favorable move for management to take to remedy the NSS, give the MM’s an alternative, serve the best interests of the shareholders {legit and NSS}, raise the PPS to an acceptable level to apply to an exchange, generate revenue for the company to further develop the assets, establish a time line for covering and completion, etc… This didn't sound like a question from individuals trying to run away or hide, IMHO.
I will not disclose what my answer was in case a decision is made to go along with any of my suggestions. I hesitate to share along these lines and I will try to be brief as possible as I am sure some may remember I can get a little long worded at times.
I will begin by saying that although I have been away from the boards I have not been out of the communication loop that I have enjoyed all along. I have never said all I knew, but only all I could and now is no different. Remember that these are only my opinions and I do ask that you treat them as such.
The main thought on my mind is that there is a remedy at hand and hopefully Mr. Casavant and Mr. Maheu with the assistance of Mr. Stoecklein will be or has been able to achieve complete success. My thanks to Mr. Maheu and his involvement with CMKX as we will all eventually, IMHO, owe him considerably for his efforts. Beyond the current 40,000 dollars a month he is receiving.
I am hopeful that Mr. Casavant has been successful in his discussions of late with certain entities, and I believe he has been. Many have no idea what the “PLAN” is, but I believe the generalities of it has been obvious for some time, it is just a matter of whether they are able to pull it off or not. From the beginning of CMKX’s regulatory woes, Mr. Maheu and Mr. Casavant have stated that they were not going to let the regulatory issues divert their attention away from their primary goals of claiming new lands, strategic drilling activities, and developing the assets currently in our possession. Some have played Mr. Maheu off as a “name” CMKX is using and nothing more. They could not be further from the truth, but only time will reveal it.
The regulatory woes have been the breaking point for most CMKXers with others falling victim to newly discovered documents, reports, and individual’s interpretation of what they all mean. Some have apparently even decided to pursue possible legal actions against the company as though this will some how fix things to some degree or allow some to salvage what they can before it’s too late. I will simply state my position that litigation against the company is and should be out of the question and is not the solution.
Whether anyone still acknowledges it or not we have a huge NSS position being held by the market on CMKX and I believe the temporary solution for many could come by continuing to press that issue. It seems strange that when we are on the verge of proving a NSS position and bringing the market to task to resolve the outstanding NSS position that documents begin to surface trying to shine a negative light on the management of CMKX. What mainly did this accomplish? It took the forward pressure that CMKXers and the OG had made up to that time pertaining to the demand for the resolution and exposure of the NSS issues of CMKX by the SEC and the SRO’s on a detour that caused many to end up on the wrong side of the tracks and asking for the companies head on a platter.
The NSS resolution is still a plus for all of us if we will see it through. Asset wise, we just recently had the reports by United Carina about our percentages in UCA, we have the American Mine Shaft, plus the other mineral rights that we reportedly have secured in Saskatchewan. Aside from all of that there is more. First I think we have to get over the issues about what the company did, who did it, how they did it, and why they did it, because it is holding us back from executing a temporary solution for generating value for us. I personally don’t care “at this point” if there is 703 billion shares outstanding, nor that they apparently were sold into the market place either directly or indirectly by CMKX or by a third party with restrictions removed. Yes it sucks. On the surface this could qualify CMKX as being a pump and dump, but where is the fatal “reverse split” of 10,000 to 1 or even a 1,000 to one? It isn’t there. Why wouldn’t they just go away as a failed mineral exploration company? It happens almost every day. Don’t think that 50,000 shareholders are keeping them from going away, not now.
I determined that I can’t change what has been sold into the market, or why it was sold into the market, or who sold it into the market and neither can anyone else. One thing that selling did for us, was that it convinced the MM’s that CMKX was a pump and dump and they naked shorted the fire out of it, “To Da Moon”. My professional friends have assured me that the NSS position on CMKX is between 2.2 trillion and 3.7 trillion shares.
Secondly, if we had no other assets, and I fully believe we do, the pressure that has been generated by the company issuing the share dividends from USCA, GEMM, and CIM, along with work by the OG has locked us into the driver’s seat to FORCE the market to cover and generate a high level PPS whether regulators help us or not. This is why it is not good that we have been side tracked by all of the documents and accusations over he did, she did, they did, OH MY. It may appear to be helpful or great DD, but I think at this point it is only distracting us from achieving our immediate goals of generating shareholder value.
I think the company is for real, in spite of performance, delays, blunders, and much more… and I intend to be around for the resolutions of the NSS, acquisitions, and asset developments of the future.
I believe the facts remain that if the company never had a single asset and if the company never did another thing productive, we could still help ourselves because many of us own shares that can’t be legally supplied by the market system because they are Naked Short. Pursuing the resolution of the NSS position is the most direct way for us to help ourselves and this is definitely one thing the company seemed eager to cooperate with us to accomplish. I think we need to get back on track and let the company work to resolve the regulatory issues if it can, continue to develop old assets and claim new ones while we put pressure on the market place in a united effort to win this thing once and for all. The whining has to stop.
I have said it before and I will say it again, if the regulatory issues end in a revocation, it is not over for us by any means. I think we need to regroup pick up the momentum that we had on the NSS resolution and run with it. I believe it is a win, win situation.
These are just my opinions and I ask that you treat them as such.
My thanks to all of you that are helping out on the boards especially those that are trying to keep CMKXers dreams alive. We have great potential if we will only allow ourselves to realize it.
Be well.
Dr.D
