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CPRKQ, IMO I do not think that is fair. Lee has done everything he can (and HAS MORE INVESTED INTO THIS CO. THAN ANY OF US, HUNDREDS OF MAN HOURS PLUS A TON OF CASH$$$)
Sorry one feels that way, I for one back Lee and am here to stay.
P.S. I too have invested a lot of money over the years, CPRK & ESF
Good Luck
GLTA Longs
Lying Lee, over 7 years of B.S. from you. Not one thing accomplished. What is happening in the world now is a reason why we all invested in a precious metals company. You have done nothing but steal everyone's money from day one on. How dare you use this pandemic to justify why there is nothing happening. You had seven years to make something happen. You disgust me you piece of...
Doc.can you prove that or show us a place where that is posted?
No one wants to respond. It is well known that no matter what the "company" says it is still on the No Can Do list over at the OTC. So anything said is really irrelevant at this point. This one continues to lay in its coffin.
I'm surprised there hasn't been any response here to yesterday's update.
CopperKing
Shareholder Update March 26, 2020
Shareholder Update
Dear Shareholder,
We pray you are all doing well in this time of the COVID-19 pandemic.
All of us are doing our part to �flatten the curve� and hoping this will be over soon.
Economic activity around the world has slowed considerably and we have had several calls and emails from shareholders wondering how the slowdown has affected Copper King. We are sending this update to answer some of the questions we have been receiving.
It has admittedly been too long since we last provided an update. We do recognize the need to keep you informed and I apologize for not getting an update out sooner.
We were anticipating having some important and significant news to report so, rather than filling your email box with irrelevant information, I purposely delayed sending an update. That has turned out to be a wrong decision.
The corona virus pandemic has affected Copper King just as it has all of us in our personal and business lives. However, those effects have not all been negative. I am reminded of the quote attributed to John Wooden �Things work out best for those who make the best of the way things work out.�
Negative effects of corona virus on Copper King.
� Project funding has been delayed.
� Certain Corporate initiatives have been delayed.
� We are under some time pressure to get projects underway and are negotiating for extensions.
� Closings on projects and claims purchases have been delayed.
� Contracts have been delayed.
Possible Positive outcomes.
� We have used the delays to add needed assays on assets and will continue that process on an accelerated basis for the next few weeks.
� We are using some of the extra time to do more mineralogical and metallurgical testing to maximize asset value. This will provide a future payoff as extraction percentages will be higher.
� There is a newly renewed effort in the United States to become more self-sufficient in some of the more critical materials and supplies needed to protect our citizens and our independence. This renewed effort should have a positive effect on Copper King specifically in the strategic minerals arena as it relates to our Arizona Fluorspar project.
� Many experts expect the U.S. government to increase incentives surrounding strategic minerals including such things as subsidizing development of strategically important mineral assets.
We firmly believe that the future of Copper King is bright.
We acknowledge that times are tough, but we also have faith that the future will be better. If we handle these times correctly, we will be stronger as individuals, as a company, as a society, and as a country.
Please take care of yourselves and stay safe.
Thank You,
Regards,
Lee
p.s. I promise we will not wait so long to send our next update.
Yea, its Quite for sure. Quite dead and buried for a long time, years in fact.
stocks crashing gold going up...wish we had a company to take advantage of this crap.
Sure wish I bought into what was suppose to be a gold mining stock 10 years ago with the current prices going up. Thanks for nothing Lee
I heard thru the grape vine some one is going to sue the company soon if they dont come out with at least a statement about what's going on if anything.
I heard thru the grape vine some one is going to sue the company soon if they dont come out with at least a statement about what's going on if anything.
If you want to be a part of a private CPRK-ESF discussion group, then please send an email to cprkesf@gmail.com. It is not affiliate with CPRK/ESF company. Just a private discussion among cprk/esf shareholders.
No surprise there is still nothing happening here. How much longer and how much more b.s. before the lawsuits commence?
haha if only....
yep you right....nothing from them for 2 months...wondering if its a news black out or we are just finished.
By the way,what was the date when the company emerged from bankruptcy? Was it not suppose to start trading back then.i have been gone from here for several months but I can see that nothing ha changed,just more of the same bs
You may be waiting forever. The "Company" is currently in a "No Can Do" status at the OTC. It could literally sit there forever. It is essentially dead. All the wishing and patience in the world is not going to do much. A new deal should have been launched a long time ago and the current shareholders brought over to it. Instead people are sitting here and doing nothing. They must not realize that what has happened here is how these companies die. Sad but true.
There's not much we can do but wait. I have to give credit to the crew that fought(and spent a bundle of their own money) to get the company out of bankruptcy.
Hang in there.
You ask the correct question "Will patience be rewarded." As a long time ESF/CPRK member who has listen to countless conference calls over so many years, I am beginning to lose my patience. The last conference, call as so many others, claimed the trading of CPRK stock was eminent, this time as early at the end of the year. Apparently not 2019. Will 2020 be the year? Hope springs eternal?
Will patience ever be rewarded? I've been waiting since 2005. How's that for patient?
This one is "No Can Do" status at the OTC. So it really does not matter what Chuck says or doesn't say at this point.
Chuck are we going to hear from you this month?
I wonder if we are going to hear from Chuck or lee anytime soon or if 2020 is it for CPRKQ...
BAD KARMA --SMELL IS GETTING BAD
where is robt de niro
Projected ETA for funding in place -
Projected ETA for mining operations -
Projected ETA for financial reporting of revenue -
Perseverance - the struggle is real
You are right, Skittle. Just remember that if a company had something so valuable that they could get $30 million for it then Goldman Sachs would be knocking on the front door with a check in hand in less than 24 hours. So all we have here is stonewalling and smoke and mirrors. Sad.
why would any investor give this company 30$ million in funding. all they have to do is wait 6 months, when these properties will be available for purchase because cprk can't pay the fees. i don't think cprk actually own the mill and mine. they own the rights to them.
The more stonewalling they can do, the longer they can drag this out. Every seven years some new "plan" for funding. The reality is that this one will never be listed again because bad people are on the shareholder list. It is on a permanent "No can do" list. Sad.
HOW and where can I get some sharesBWAAAAAAAAAAAAAAAAAAAAHAHAHAHAHA
yeah keep waiting another 7 years...try getting loans/funding when you have lawsuits pending.
It's easy to take the loss on your taxes and forget about it! Let it go! Let it go! The rest of us will keep our shares and watch what happens. I surely hope you have an opology all written out for when your proven wrong. JMO
what a damn mess. the shareholder of this company must be curse especially the esf investors. where are lee fanboys talking about how he saved us from bankruptcy. i wish he never saved us from bankruptcy. we have nothing then and we have nothing now; its even worst if you invested in ESF...not only that cprk has 1.3 million loan, that it cannot repay. From one man (mark dotson) grandiose pipe dream to another man delusion pipe dream (Lee). Lee brought into his own hype and gambled with people money. Lee need to fuking apologized for getting people into this damn mess. that the least he can do because no body is getting their esf money unless they sue the damn company. lee knew long ago that cprk cannot trade unless it has revenue but he kept on stringing people along to get more people invested to this esf garage just to fuel HIS stupid pipe dream. everyone bought into it out of greed. i don't expect another conference every again...what is even more shameful is lee comes on the conference call and said the doubters don't know what their talking. yeah they do lee; you are just delusion.
Spot on, Skittle. Either delusional or deceitful. Take your pick. Flip a coin.
I think they put new bait in the rodent boxes
this company is done. lee just wont admitt to it..
I think that this news is terrific;however, I will only believe it when I see it take place.i do hope the cprk starts trading as I still hold shares that have been up till now have been toatally worthless.i would love to meet this new financier as I have projects that I would love to be financed.oh well,I have waited 6 years so what is another 3 years.go cprkq
finally, a decent update from the company.
Shareholder Update
Copper King, together with Equity Security Funders has formed two separate companies to purchase another mining project and a minerals processing mill. Copper King will operate both the Mine and the Mill.
The mine is in Arizona and will be developed into an operating mine over an expected time period of approximately 24 months.
The mill is in New Mexico. The mill has an 800 ton per day design capacity. The plan is to refurbish one 400 ton per day circuit to process minerals from the Arizona mine and another 400 ton per day circuit to process precious metals from other mines in the New Mexico area.
Each project has been funded to the tune of $25 million of assets, for a total aggregate appraised asset value of $50 million. A Canadian investor has committed an additional $30 million dollars in equity financing to these projects with the understanding that within three years, Copper King/ESF will buy out the equity investor(s) approximate 33% share of each project at the fair market value. Copper King and our experts estimate that the mine, once developed and ready to produce on a continuing basis, will be valued at approximately $115 million and the mill, once the first 400 ton per day circuit is refurbished will be worth approximately $100 million dollars. Based on those estimates, the buyout of the equity investor(s) for both companies will be approximately $73 million. (These are estimates only.)
Although one investor/partner has committed to funding and agreements are in place, we have not yet received the funding and do not expect to see the bulk of it until after the first of the year (January or February 2020). Thus, Copper King and ESF are looking for additional funding sources for both a bridge to the final funding and as a possible backup.
Once the funding is in place and Copper King begins to receive revenue on the "mining operations" contracts, Copper King will be able to show the viability of a clear path to continuing and increasing revenue. This will push FINRA to list Copper King shares for trading. Our ability to show projected (or hopefully) actual revenue for Copper King will enhance its market price.
Thanks for your continued support. We will keep you updated on our progress.
Lee Abbott
and the Copper King/ESF Team.
Eventually--what goes around---comes around ,and those get theirs
happy Halloween JOHN R.I.P.
John Felderhof, the only executive ever prosecuted in the Bre-X Minerals Ltd. gold hoax of the 1990s, has died in the Philippines at 79 years old, according to his Toronto lawyer.
You are right on in theory, Skittle. But the problem is with Fake Companies and shells there is simply no staff around to do anything. Accountants cost a fortune. Most shells pay the accountants with stock. But with this one in a "No Can Do" status that stock is worthless. Eventually the conference calls will come to a screeching halt because the people involved are involved in other projects and other companies.
Each year that passes, those CPRK NOL will be less vaulable. Its been 7 years with no results and these a$$-clowns think they will have a profitable mine running. Yoou might as well just sell those CRPK NOL. I would think mining is 100 times harder than filling paperwork.
What happen to that property, Lee, where all you had to do is blow up ore and send it to the smelter to give CPRK some cash flow. I would think that piece of land would have been your main focus because it gave CPRK some cash flow. But of course, you use ESF money to buy properties for ESF that no one wants to fund. It seem that theres a conflict of interest having one CEO for both ESF and CPRK, especially when the CEO favors ESF over CPRK. imo.
Of course it is going to be the same thing, Skittle. The "Company" is grateful that there are really people around who will listen to endless conference calls with no real solution or answers or time frame. They must figure that these calls are the least they can do since they could not fulfill what they promised when they took your money. Sad.
no its gonna be the same bs...Lee: "Guys I think we are really close. I think we will gonna be trading here soon but i can't promise anything. We should get some funding soon.... blah, blah, blah."
There are alot lurkers on this board but they never post. I guess they are blowing up lee's phone so he has to do a conference call. Its been 7 years with no results but you can't question this company because its fakenews.
WOW, I'm shocked we are going to have a conference call on the 30th of this month maby the guy I talked to was wrong...hope so.
its not slander when its true. #fact. how much do you want to bet that this company will not be trading in 2020? do you know what properties esf owned...no but its fakenews to question them..its truely amazing.
Like a bunch of old cronies sitting around and gossiping! Go figure. I wonder if slander ever comes to their minds? Doubt it. JMO
I tell you what likely happened to the money, Skittle. It was used to line personal pockets. That is how the OTC works. Also, you are correct about lawsuit possibilities. Except you would have to read the fine print on documents you should have signed when you sent in your money. This probably protects them. If there were no documents you may have a case. It always depends upon tiny print that you need a microscope to read.
we have no evidence that esf money was actually used to buy minning properties. just a bunch bs. no update. no actual documentation. who knows what happen to that money.
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