Race Update from Gainesville (Mar. 19/05)

[Franko10 ™]

Race Update from Gainesville (Mar. 19/05)

jaxnorth
Dr. Of Diamonds

member is offline

Posts: 209
Race Update from Gainesville
« Thread started on: Today at 4:48pm »<br>
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Gang,

Today I went to the races and what an event it was. I can honestly say that Ron Casavant is a gracious host. I was one of the first ones there, and he not only gave me the grand tour, threw me a shirt, and made me feel right at home.

Jim Dunn racing has a first class setup as well. The hospitality tent was great and everyone who attended was very happy with the way we were treated.

Now to what your really looking for. Citibank was again on the Jim Dunn Car, TJ has a pic of it that I took on another thread. There were also two maps there. One is from February 05, and the other claims map that has debeer, shore, ect, you know the real important one, had NO date on it. I spent some time with someone who could tell me virtually what every parcel was, and who owned it. This was a shareholder, not a person from the company. The bottom line, the map has changed SIGNIFICANTLY. As a matter of fact the map was so new, there were no hard copies other than the one large board for shareholders to view.

There are lots of small parcels that used to be our that now say "other". Shore Gold has picked up quite a few, and another company not related to us had locked up the better part of the bottom right of the map. Unfortunately, this was just in conversation, so I cannot give specifics as to what changed because the parcels are to numerous, but it certainly adds much credence to the rumors that CMKX has sold some of its claims.

I can tell you that most people there believe something big is in the works, maybe already done, and we could hear about it any day now. I did hear a lot more Rumors, but unfortenately I promised not to divulge them. When you meet shareholders face to face, you learn a lot. I reccomend that anyone who can attend a race do it, it will change your outlook on this stock for sure.

cmkxdiamond.proboards32.com/index.cgi?board=general&action=display&thread=1111276129

[Franko10 ™]

[Franko10 ™]

Posted by nicolasraage

cmkxdiamond.proboards32.com/index.cgi?board=general&action=display&thread=1111341551

Hello everyone. I went to the race yesterday, instead of Friday, with a list of questions that you all helped put together. Urban was not there, so I really didn’t learn anything. Ron was there, and warned me that he wouldn’t be able to answer much, but allowed me to ask away. Many of his answers were no comment, or he had no answer. He said the business is run by Urban, and he does not have the answers of the business type questions.

Below is the exact list I brought with me.

Q. Can you tell me anything on CIM. What are the plans for its future? Is it going to be publicly traded?

A. No comment/ no answer

Q. With the NASCAR Sign do the forsee sponsering a NASCAR in the near future.

A. sorry, this was on my list, but I somehow overlooked it.

Q. Which division of CITI Financial is sponsoring the car? Is it a local type office, or is it a larger corporate office? Is there also a connection between them and the company?

A. Not sure of the exact division, and it is affiliated with Jim Dunn racing. No comment on the latter part.

(There was a citi financial sticker on the Got CMKX car, but not the cmkxtreme machine. I didn’t read too much into this.)


Q. Any chance of a particular portion of the company going private?
( watch his reaction cause it might hit close to home IMO)

A. No comment, He had a hesitant look to him answering this.


Q. How many drill rigs does the company have? How many drill rigs do our JV partners have drilling on our claims?

A. The company has one, and he was not aware of how many the JV’s have

Q. What is the approximate tonnage of samples taken and sent for analysis?

A. Did not know.

Q. Then please ask him if it is possible to store core samples and not do any "testing" to avoid compliance to the SASK gov't regs. If so, ask him if he is taking that approach and stockpiling the core samples based on observation and TDEM surveys.

A. Was not sure of the regulations. The only thing I could get out of him was that the testing labs for the core samples are extremely backed up.

Q. How many core samples have not been either tested or reported yet?

A. does not know

Q. Why all the mystery?

Or put another way:

Why can't they tell us why they can't tell us these things we want to know?

A. He reminded me of him not running the business, and had no answer for this.

Q. Does the company have a plan IF our stock's registration is revoked, and is this something we as shareholders should be concerned about

A. I didn’t bother with this question after the last answer.

Q. Let him know..that there are long term shareholders who would be GLAD to stick with him for as long as it takes (5-10 years to open up a mine if thats the time he needs)..
but that we need some assurance that we will be here 3 months from now..lol
What can he tell us to take this paricular "fear" out of the equation

A. I asked him to pass this on.

Q. Ask Urban what his favorite beer is

A. Sorry George, I know this was the last piece of info for your new theory, but Urban wasn’t there.

Q. how many jobs do you think you can create in Saskatchewan for the near future

A. he started to answer for the area, saying astronomical between all the companies, when I specified again just cmkm diamonds, he had no answer.

Q. I’ve been in this stock for a year and a half, and was told many times of share retirement. How do you explain the huge OS?

A. no answer

Q. Do we still have any stakes in the Carolyn claim?

A. “last I heard, it was in the courts”<br>


Q. What is the tradeable float? ( I laughed when I asked this question because I knew I had no chance of an answer)

A. He laughed and shook his head in a no comment answer. This laugh was not because of the number of the float, it was just a light mooded question. Please don’t go around and say he laughed, the float must be “X” amount.

Ok, not much info there. I did not leave with any juicy rumors. I did not leave feeling better or worse about my investment. The races were fun. I was amazed at the power in these cars. You can feel their power a mile away. Both the cars are in the finals today. I almost went back in hopes of Urban showing up for this reason, but did not want to deal with the traffic again. It took me an hour and a half to drive there from my home, and 2 hours to wait in line to park. If you go, go early.

Also, if you go to a race, please do me a favor. Bring a few multi packs of ear plugs. You can get them for under five dollars at the drug stores. I had one and ended up giving them all away to small children without them. I could not believe the number of children whose parents had no concern over this. I watched two adults cover their own ears as a run went by paying no attention to the ears on the four year old that was with them.

I have a few pics, that I will get up soon, I have to blow them up and then lower the resolution for the pc.

Ron Casavant, If you are reading this, thank’s again for the hospitality.