Post by imSINGLEruRICH on Dec 29, 2007 15:30:22 GMT -5
ddelorit
DIAMOND DIGGER
Rumor only
« Thread Started on Today at 1:57pm »
For what it's worth only, A friend of a friend said he was down south with
deli and another person late this past week who he would not say who that person was said, all the claims of ours are held by Emerson Koch. Again, was just passed on to me this morning and to be considered a rumor. I,m not a pumper just a shareholder waiting for some good news that I don't think we will see for quite a while until we go back trading.
stormgrey43
DIAMOND JEDI MASTER
Re: Rumor only
« Reply #1 on Today at 2:36pm »
Funny........... that's the same thing that Mark Faulk said while on CFRN. That Kevin West told him Koch held all of our claims, and that we (CMKX shareholders) were fortunate to have him on our side. Kevin also said that he respected Emerson and thought very highly of him.
So Mark, where the heck is that darn book already??? LOL..............
Happy New Year to all! (No matter what your religious beliefs - lol!)
Storm
/\chilles
DIAMOND JEDI MASTER
Re: Rumor only
« Reply #4 on Today at 2:46pm »
from what I understand, Emerson does hold all our claims. But what was meant by that, I feel is something that needs to be clarified.
Emerson holds all the claims that are available for us to get back. I don't think he is holding them as a friendly gesture (though from what I understand, Emerson is a good guy).
It's not as if he is holding 1 million acres of claims, so I hope people aren't thinking that's what's going on.
He has what he has.
There are certain claims though that he has renewed for another 3-5 years(can't remember the exact number).
Obviously he has let a lot of the claims lapse.
But it is my belief that the claims that he has renewed for that amount of time, are claims that hold huge value. The kind of value that would be in the billions.
The problem is though, Emerson can't work the claims because the money that was paid to him by Urban for a contract.
If he works those claims and declares some sort of value, I think the sask government would have to look into it, and then they'd find that by way of contract, we have partial rights to those claims.
This is obviously all my opinion.
With that being said I think another reason why he isn't working them is because he's waiting for CMKM Diamonds to go bankrupt, that way there is no contractual obligation,
Hence why he staked the claims for another 3-5 years.
Right now, I think Kevin is trying to get Emerson to the table, and at this point it is a game of who will flinch first.
Will Emerson work things out with us, and be civil, or will he attempt to just wait this out and see if we file bankruptcy
DIAMOND DIGGER
Rumor only
« Thread Started on Today at 1:57pm »
For what it's worth only, A friend of a friend said he was down south with
deli and another person late this past week who he would not say who that person was said, all the claims of ours are held by Emerson Koch. Again, was just passed on to me this morning and to be considered a rumor. I,m not a pumper just a shareholder waiting for some good news that I don't think we will see for quite a while until we go back trading.
stormgrey43
DIAMOND JEDI MASTER
Re: Rumor only
« Reply #1 on Today at 2:36pm »
Funny........... that's the same thing that Mark Faulk said while on CFRN. That Kevin West told him Koch held all of our claims, and that we (CMKX shareholders) were fortunate to have him on our side. Kevin also said that he respected Emerson and thought very highly of him.
So Mark, where the heck is that darn book already??? LOL..............
Happy New Year to all! (No matter what your religious beliefs - lol!)
Storm
/\chilles
DIAMOND JEDI MASTER
Re: Rumor only
« Reply #4 on Today at 2:46pm »
from what I understand, Emerson does hold all our claims. But what was meant by that, I feel is something that needs to be clarified.
Emerson holds all the claims that are available for us to get back. I don't think he is holding them as a friendly gesture (though from what I understand, Emerson is a good guy).
It's not as if he is holding 1 million acres of claims, so I hope people aren't thinking that's what's going on.
He has what he has.
There are certain claims though that he has renewed for another 3-5 years(can't remember the exact number).
Obviously he has let a lot of the claims lapse.
But it is my belief that the claims that he has renewed for that amount of time, are claims that hold huge value. The kind of value that would be in the billions.
The problem is though, Emerson can't work the claims because the money that was paid to him by Urban for a contract.
If he works those claims and declares some sort of value, I think the sask government would have to look into it, and then they'd find that by way of contract, we have partial rights to those claims.
This is obviously all my opinion.
With that being said I think another reason why he isn't working them is because he's waiting for CMKM Diamonds to go bankrupt, that way there is no contractual obligation,
Hence why he staked the claims for another 3-5 years.
Right now, I think Kevin is trying to get Emerson to the table, and at this point it is a game of who will flinch first.
Will Emerson work things out with us, and be civil, or will he attempt to just wait this out and see if we file bankruptcy