Casavant Mining Kimberlite International (CMKM) Message Board

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Gold/Mining/Energy : Casavant Mining Kimberlite International (CMKM)

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From: StockDung	10/2/2006 9:16:46 AM
	of 2595

Over at The New York Times, Norris was busy committing some justifiable homicide on an operation called CMKM Diamonds -- which, uh, eventually had something to do with race cars. One key to spotting these sorts of scams is to sense that a company loves issuing flowery press releases and loathes issuing actual facts or financial data. While the company was not filing with the SEC. it did issue a press release with this instantly classic claim about a newly appointed official: He "served as an adviser to many great men and companies throughout the history of America." Instinct should tell investors to run at the sound of this sort of rhetorical hyperbole, especially with no SEC. filings in sight. But the larger point, again, is essential. Since the media, in general, is so focused on what is current and hot, it gives hustlers a chance to capitalize on the excitement engendered -- even though profits are a long way away, at best. And there are a few journalists on the lookout for the scammers. Now it's time for The Business Press Maven to go. I need to spend the rest of the weekend serving as an advisor to many great men. thestreet.com

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