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I’m sure than you are on my video from the grand opening. Just my opinion
Lordy, Lordy! Your wife wasn’t the one wearing stiletto shoes, At the Grand Opening back in the day? Then I would know exactly who you are. Jmo
Sure…ok! I always listen to someone that was never invested in Cprk. For info. Jmo lololo
Sure…ok! I always listen to someone that was never invested in Cprk. For info. Jmo lololo
I’m not a pumper, I’m an actual shareholder. Just curious to what’s in it for you? Just curious, anyone with any skin in the game would want to see Cprk up and running again. Jmo
If Cprk has no pulse then why are you still here? Just wondering what motivation you have? Jmo
A rise in interest rates will drive all OTC stocks ----Under the bridges, and some will sink to new levels
News letter out this morning.
https://mailchi.mp/9ffbd46e3e14/copperking-esf-update?e=1aa56907c7
View this email in your browser
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CPRK-ESF Update 3/13/2023
"Mining is a critical part of the global economy, and it's essential that we do it in a responsible and sustainable way."
- Paul Polman
It has been some time since we had a comprehensive update, or any update at all for that matter.
I’ve heard from several of you through phone calls, emails and texts and have responded with specific information to your questions. It is way past time to bring everyone up to speed. This communication will begin that process.
I want to begin by stating that despite numerous business challenges over the past several months, we remain extremely positive and excited about the future of both ESF and Copper King. We are continuing to work every day to build on the potential of both companies. Though it is yet to show in share price, cash flow or realized gains, the potential intrinsic value and unrealized gains in valuation is up considerably.
Rather than send a large multi-page report no one would be excited to wade through I decided to use this space to give an overview of some of our projects. In subsequent letters we will go into more detail. Investors remind us often that numbers, projections, and valuations without context have little meaning so we will give plans and strategies along with projections and KPI’s in future communications.
As you are aware, there were several months over the past couple of years when large parts of the economy, slowed to a crawl. This slowdown affected many businesses, including ours. But we did continue to make progress, and we are still adding value in the form of assets, partnerships, enhanced operations and opportunities to more fully develop strategies.
While we’re busy working to reach a position where we, as shareholders, can see some actual realized returns, and monetized values on our investments, we commit to carve out the time and make the effort needed to keep everyone informed and as up to date as possible.
Most of you are aware of the major projects ESF and CK are involved in and what the goals of each are.
While in the past we have prepared separate updates on each company and sent them to the respective stakeholder lists I decided to send this letter to everyone. This decision is in response to questions from Copper King stakeholders about ESF. It is relevant to update Copper King stakeholders on ESF for three reasons.
1. Without ESF, Copper King would have been wiped out in the bankruptcy. No equity holder or unsecured creditor would have exited the bankruptcy with anything. It is important that CK stakeholders recognize that.
2. ESF has continued to be the main support keeping Copper King viable and moving forward.
3. We are exploring a possible restructure of ESF. Among other things that restructure could do two things.
a. Greatly enhance potential long term returns for ESF Investors.
b. Limit or eliminate any opportunity for investors (including Copper King stakeholders) to get involved in ESF unless they are accredited investors.
Over the next few updates we will, in greater detail, cover the projects that are keeping us so busy right now. For now, here is an overview. As shareholders/stakeholders we all have an interest in each of them.
Copper King Mining.
The short term goal is to get Copper King producing revenue and profit so that we can have a solid foundation to begin trading. We will cover that plan with an update or call a.s.a.p.
Equity Security Funders.
We have big plans for ESF moving forward. The assets that have been added to ESF over the past couple of years have performed well and continue to show great potential. Our goal is to now monetize some of those assets as quickly as possible. This will require additional capital and development time. We believe both of these hurdles can be overcome in the next few months.
Southwest Fluorspar Corporation.
Southwest Fluorspar is developing and operating our fluorspar mining business. We are working to complete the purchase of the primary mine and surrounding properties now.
Deming Milling Corporation
Deming Milling is set up to run the milling and processing operations at the Deming Mill. We are yet to complete the purchase of the mill but once that happens it will be remodeled to process fluorspar and precious metals ore in two different circuits.
In addition to the above, which we have talked about before, we also have other projects, partnerships, and investments. Some are already showing great projected RO. Others have tremendous potential which may take longer to monetize at the levels we anticipate they can reach.
Complex Ore/Concentrate.
We are partners with a group who has identified a complex ore which has been assayed, in concentrate form, by several well respected laboratories. The assays vary but the majority of them show test results with extremely high precious metals values. The challenge we have with this ore now is “perfecting” an extraction process so that it can be successfully monetized.
Potential high value by-product.
Using much the same course of action we are applying to the Complex Ore above, we are working on a process (or processes) to extract the precious metals out of a by-product which has assayed at high value. We are partners in the ownership of a substantial amount of this by-product. Again, the challenge is to monetize this by-product. Our testing has been successful in lab tests but we need to scale the process to a commercial level.
Great American Minerals Exploration.
Many of you are aware of the investment we have in GAME. GAME is not a project we control but we are one of the large investors in it. Our investment in GAME has performed well so far (in projected valuations) as drilling has confirmed resources as shown in the NI43-101. We will update you on this investment in a future detailed update. However, we want to make you aware of the fact that the management of GAME has recently overcome some major hurdles. Pending meeting some preliminary requirements, GAME is on track to do an IPO soon.
Properties.
We have interests in some other properties and prospects (mostly purchased through ESF). These include claims in California, patented properties and claims in Utah, and New Mexico and green field exploration properties in Utah, Nevada, Idaho, Montana and Arizona.
There are more initiatives and projects we will cover in future updates as they develop.
I want to thank you for your support and patience as we have worked to build something we can be proud of. Something that is cutting edge in the mining business, sustainable and profitable long term.
I also want to give special recognition to Gary Gough. Gary has been with us from the beginning. He has been an integral part of management, a “cheerleader” and a great support to all of the team. He has made major contributions to our efforts. I am sorry to inform you that Gary passed last week, he will be greatly missed. Our thoughts and prayers are with his family and loved ones.
Gary’s Obituary
Sincerely
Lee Abbott
It's coming! (Fingers crossed.)
Dr. Doug
There are polite bears around.........................................................................................................................................................................................
some might have escaped from a zoo, or circus
some have been known to be pets
https://www.msn.com/en-ca/video/watch/polite-bear-closes-door-when-asked/vi-AA17Um4E?ocid=winp2sv1
FYI.
Called Lee today and he called back leaving me the following message: Update written. Gerry is setting up mail. Should have it in a few days.[url][/url][tag]insert-text-here[/tag]
Let's hope there is some good news in the update.
Dr. Doug
Lee's response (Feb 5, 2023) to my Feb 2, 2023 message: "Update on it's way. With more set up to follow. Also setting up other channels of communication."
Dr. Doug
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