To: SARMAN who wrote (61203 ) 9/17/2008 9:02:48 PM From: Proud Deplorable 1 Recommendation Read Replies (1) | Respond to of 78421 CKG is nothing but SI Spam.....speaks for itself as does PA's new home...CSI, another garbage company. My bet is that when and if CKG gets bought out it will not benefit any johnny come lately shareholders and so in my opinion all the hype surrounding it is likely to cause losses for those ones in my opinion. Every time I have followed that hype on these boards on CKG over the years I have lost money. I wonder who has been front running these hype jobs? Well Rocket Red has been right in his assessment of CKG...in his own eloquent fashion. Best to stay out of these plays and if one must invest in gold and silver so it with the metals only and one won't be wiped out, or if one must invest in shares do the seniors instead. Forget the juniors my friend as the well has been poisoned by the same greedy bunch that has always run the Toronto and Vancouver (TXS-Venture) exchanges and the latest BRE-X scam ARU......no one makes money in the end except the crooks that run the companies who steal from shareholders by giving their directors shares and options for nothing really. And like it or not and I've been saying this for months...the metals will perform but not the shares when a market crash happens as it is now. At least in the US they seem to be making some noise about regulating the markets. Free markets suck, do not work, as we have been witnessing lately....oh of course there will be those who defend the free market system by saying that what has been occurring is not really capitalism lololol....YAWN ------------------------ Statements of SEC Chairman Christopher Cox and Enforcement Division Director Linda Thomsen Regarding Immediate Commission Actions to Combat Market Manipulation FOR IMMEDIATE RELEASE 2008-209 Washington, D.C., Sept. 17, 2008 — Securities and Exchange Commission Chairman Christopher Cox and SEC Enforcement Division Director Linda Chatman Thomsen issued the following statements today concerning ongoing and forthcoming Commission actions to investigate fraud and manipulation in the nation's securities markets: "Millions of investors entrust their savings to our securities markets because they can be confident that our markets are orderly, liquid, efficient, and rational," said Chairman Cox. "The turmoil in today's markets, particularly in the financial sector, is challenging that assumption for ordinary Americans. Markets are the best tool a free society has to price and allocate assets across a complex economy, but as is well known from experience, sometimes the wisdom of crowds is supplanted by crowd behavior. We need well-functioning markets to help us draw the line between reasonable miscalculation and error or something worse involving the failure of due diligence, self-dealing, and conflicts of interest. It is thus vitally important that the market mechanism continue to inspire investor confidence. "In order to ensure that hidden manipulation, illegal naked short selling, or illegitimate trading tactics do not drive market behavior and undermine confidence, the SEC today took several actions to address short selling abuses," Chairman Cox continued. "In addition to these initiatives, which will take effect at 12:01 a.m. ET on Thursday, I am asking the Commission to consider on an emergency basis a new disclosure rule that will require hedge funds and other large investors to disclose their short positions. Prepared by the staffs of the Division of Investment Management and the Division of Corporation Finance, the new rule will be designed to ensure transparency in short selling. Managers with more than $100 million invested in securities would be required to promptly begin public reporting of their daily short positions. The managers currently report their long positions to the SEC." Chairman Cox continued, "Director Thomsen and the Division of Enforcement will also expand their ongoing investigations by undertaking a series of additional enforcement measures against market manipulation. The Enforcement Division will obtain disclosure from significant hedge funds and other institutional traders of their past trading positions in specific securities. Those institutions will also be required immediately to secure all of their communication records in anticipation of subpoenas for these records." SEC Director of Enforcement Linda Chatman Thomsen said, "The Enforcement Division has been investigating and will continue to investigate any suggestion of manipulative trading. We are committed to using every weapon in our arsenal to combat market manipulation that threatens investors and capital markets." The Commission is actively considering additional actions as appropriate. # # #