Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Why, why why why why why, would anyone who's seen MGMT's past (If Cam intends to distance himself from being associated with MGMT), continue working under those conditions?
That's when you stop providing services you haven't been paid for, and FILE FOR WHAT'S YOURS.
The fact that MGMT has failed him just as much as us, means he ought to be in the same boat as us. Not serving this dysfunctional (at best) fraudulent (at worst), company!
Not to say it's not honorable that he does -- but one has to wonder how many times you have to be kicked in the mouth, until you're either sick of it and put an end to it, or you've just become complacent with it because it's been going on for so long.
I have certainly voiced my sickness, and willingness and desire to put an end to this as a shareholder for quite some time.
Evidently, the things which keep the company above water right now have not yet been so motivated.
Perhaps they'll have to see the great haircut we all take as a result, before they gain such motivation.
Like the great American complacency -- they won't be up in riots with pitchforks, shouting "KILL BANKERS", until bankers have inevitably screwed them harder than they ever have before.
I just don't understand why people take the first 9 kicks, and say no in the 11th hour. It's no wonder we've gotten to this point in society now.
Just getting depressing now... so I'll stop.
Finding out the truth behind this companies motives, finances, and ongoing activities.
Ensuring that no investors are pumped in to a bloated ~4bn par .0001 share structure, behind a company with (as of Sept '09) 10's of times the debt and liabilities as assets, with very little in the way of operating cash flows and revenues.
How you're supposed to fund the new 5-7.5m in financing, on top of the ~3m in debt the company has now, on a 3 month net income loss of ~500k, with 3 month revenues from the same period totaling TWELVE THOUSAND DOLLARS is beyond me. Not to mention at all, that those were unaudited financials.
Trying to make some sense of people's vindication behind such an economically beleaguered company. Feel free to join.
As in, you felt like typing it, and therefore typed it?
Or it had some actual, provable, factual basis behind it that can be pointed to in the future as a causal event?
Exactly what is the name / contact of the supposed financing company?
I'm having issues locating a "Madrid Finance Group" ... would love to follow up with them.
Any fact or forward looking statements / filings behind that? Or is this just your own pontification / premonition at this point?
Bloated share structure (atleast no change...), lack of material info disclosure, and leaving investors out to dry while formulating some BS PR!
Yes, the "Momo" is coming soon! /imo/ ...
Definitely am! Also wondering if you're just being a risk-complacent flipper, or trying to convince others there is some actual value in this common.
So what is your total share count? Are you saying you've made no sales of PMU throughout your time as a shareholder?
Three camps, one reality.
What does that tell you?
I've said enough...
I really don't like that undertone the message had -- nor the implications by Stakeholders ..... not ... shareholders.
Looks like MGMT still hasn't gotten that "Don't hide your shareholders in the dark" thing down yet...
Hey Ken,
I've contacted you / FFF outside IHub about the CPRKSA before, however I don't know if my shares are in this new "Total shares" count we're making now. I know before we were trying to ammass the large shareholders; now I just want to make sure my part is added in.
This is what I was saying. [Lots of garbage. ]
However; some here would like to paint a much different, manipulative picture of the potentials of this investment.
Again, kinda surprised with the level of personal vindication that comes from a little fact finding.
I never said there was.
It was merely a revealing question.
Jeez, people start asking questions around here and you guys really get wound up. Sheesh, I'm not even a flipper! I'm stating truth and facts! Leave me be! XD
Well if you like negativity, you're in the right place.
Down 98% from inception. I think the only thing you could've picked that could have lost more would have been BERNIE MADOFF.
I think the company should worry first about it's material disclosure issues, more than it's hemoraging share structure / value at the moment. Don't you? Or is this just a .0001>.0002 flip play for you?
Let me put it this way...
Things can seem one way, the way things truly are is another.
For example, here's a "Would have been 10 bagger if it wasn't BS" for ya...
http://www.reuters.com/finance/stocks/keyDevelopments?rpc=66&symbol=PGYC.PK×tamp=20081217143100
For synj, Established financials / quarterly is from Sept. of last year, and on the pinksheets why I am not surprised to see STOP SIGN for material info problems?!
Anyone who has two eyes, and opens them, can see what's happened here.
You know nothing about my investments; who I am, my knowledge of anything, and evidently, very little in the way of manipulating people.
Again; do you have anything concrete to back up your predictions and premonitions? Or are they just IMO?
The difference is the pumper knows the game from the beginning; being confident is the action taken by the bagholder.
I mean, after we've gotten to 99.xx% destruction of value of investment, are we really arguing for the efficacy of this company?
REALLY?
And tons of other baseless, pointless pontification that makes up the pumping that goes on here on IHub?
Perhaps a little too close to home.... -__-
I'm gonna need to hear an answer to this before I can take an investment in PMU seriously; certainly DD is independent... but I hate to be led on.
Good luck cashing in your worthless promise.
'Cause it's as worthless as every other promise we've been deplorably force-fed.
Honest judge.
Ha, ha, ha.
You must not have been to Orange County.
I advise staying away from "The Orange Curtain" .... in short.
That said, as has been expressed by others, our presence here is most likely (and unfortunately) ceremonial.
If there are big corporations that can't make it out of BK; what should make us think that when our paper assets (to date) dont even exceed our total debt, that such things as us shareholders are anything but expendable?
Granted; and I don't want to conveniently omit this, the assets, after more work and certification, may be worth more, however, this involves costly analysis and certification, not to mention the realistic costs of setting up a proper advanced floatation mill, and getting it to work right, not live off month-to-month pipe dreams that defraud your investors.
However, given the difficulty so far, and the hole it has put this company in, I don't quite see this process (and challenge) as being as "easily" feasible so many here seem to believe.
At this point, I honestly believe I'm musing over this whole thing as a big, big joke. If the core of the company can manage to retain the assets they have a claim to, maybe, maybe once they get their act right, we'll have a shot at something.
..... But not like this. IMO....
Last trade I'm seeing on TDA is that ~12m at .0006, however last is flashing .0007 and that's what Ihub is showing it's at.
Anyone else with TDA seeing fishy stuff?
Mhhm. Or an economic analysis of what can be done with the money, under the terms and conditions given.
Transparency, is the one thing this company could really, really use right now.
I couldn't easily find them on google. There were some stone / metal plating places in New York.
This may have been MD's business plan ... verbatim ... lol ...
I believe the active question (and answer, if I may offer my own opinion...) is whether the right people are at the helm yet.
Some here say we need to hold off judgment / they were dealt a bad hand to start with. Whether this is realistic, fair, accurate, I'm not getting in to.
The answer: I don't think we've gotten there yet.
We will all know responsible management when we see it. It's like porn. You know it when you see it.
Ignorance and complacency is the new american model! Come on Rich, don't be taking our Kool-Aid now!
There's no question it's in the can; or that volume (since the realization of a failing, bloated share structure, and lethal indebtedness) has dropped through the floor.
We need to watch the legal proceedings now, and hope that some form of recovery is laid at our feet. That is all we can hope for now. We are, unfortunately, the vultures who will get the leftovers, if there are any.
And that decision is up to the Judge. And so we wait.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=50867540
"Without the loan from Altus, the company says a reclamation bond will expire, making it likely that its mining permits will be pulled. And Copper King will face the possibility of having its utilities
shut off and its leases rejected. It will also be unable to complete the drilling and inspections necessary to prove its reserves.
"Unless the foregoing issues are immediately addressed, the estates and all creditors will be irreparably harmed," Copper Mining said in documents filed Wednesday with the U.S. Bankruptcy Court in Reno, Nev. "The financing will stabilize and preserve operations
, and substantially increase the value" of the company's assets.
That's true.
How you're so sure that the news will bring recovery, is beyond me.
In the filings made TODAY it's stated that if the Judge declines their request for financing, that they LOSE MINERAL PERMITS, LAND, AND EVERYTHING! Killing "All creditors"
That certainly is still a possibility, and not nearly the pretty one you just painted! Why is it people here can't wait to open their mouths and judge until AFTER the facts come out....?
Doubled down on my position, bet the .0011's still lowered my average a grip.
If the company is serious about this, they have my faith.
If I get burnt again, it's game over for my investment in CPRK.[q] ...
Good luck to all. As has been sumarized... it sure looks brighter today than yesterday. However, I cannot let looks deceive me any more here than they have before..
Potential suitors?
Do they have names? :-/ Perhaps a business title?
They protected us from being glined up to the 90%'s. I see that having worked well. Going from now, there's certainly less risk than there would have been if we were allowed to buy in previous weeks / months... o_O
So this means Nevada Star is gearing up to go after anything CPRK secures? I am obviously no BK lawyer, so anyone's opinion here would be .... fun.
THANK YOU.
At this point, I am honestly sick and tired of the arbitrary pontification that goes on here. Every time I see it, I just think deceit, and I get twisty feelings in my stomach for the people who read it who are not as informed.
Ally....
Do you remember the last time we [you and I?] talked about a website?
.... Months later; I'm not impressed with the turnout.
To say the least -- I would be happy to see the website shut down, and the mine turned on.
How has nobody replied to this?
Words straight from CAM indicating WE will take the BIGGEST HAIRCUT
Mark those words, write down this day and time.