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hypothetical ramifications of say...
proof that a CEO knowingly "leaked" information that would be considered false, to a single investor?
i've prosed this to a personally respect member of this board, but am very interested in what a few of you have to say.
CPRKSA is a not a hostile troublmaking group. they're not trying to overrun or cause anymore problems CPRKQ. it's group of invested ladies and gentlemen who care about their investment, that want an accurate depiction and representation of us, the shareholders. which is a great idea. there are hundreds of us who own a couple million shares, a handful that own 10's of million, and a few that i know personally that own 100's of millions by this point.
or on the other hand we can meander around, aimlessly spectulating an outcome on the indivdual basis. watching and hearing BS unfold until we choke on it.
furthermore, if action was required on the part of the shareholder. there would already be the entity in place to start taking the proper steps, in the right directions. preperation my friend, my "ally".
i can ignore you, you, and you overthere. but i cannot ignore 200 of you.
CPRKSA
http://groups.google.com/group/copper-king-shareholders-2010
apply for membership..
name, addy, por telephonica, shares.. etc..
band together people.. lets throw a haymaker.
listen to MD? he's been in a mine since he was 2-3. have you ever heard him read something outloud?! i would not expect a single intelligent idea. just saying, IMHO..be better off listening to foghorn-leghorn. i say, i say, i say we're alll doooooomed.
play the swings, recover/make what you can. listen to chuckmsb.
i spoke to MD back in Nov. and asked him a question in regards to diluting the pps by issuing new shares. his reply, " ahh well i don't know anything about that, all the shares we have are locked up in my safe".
lastly... the town, many here think that that cprkq won't disspate the shareholders becasue the town is involved. when i visited milford, most the citizens were already fed-up and lost every conceivable amount of trust in MD. i sincerely doubt there are many in milford that own near as much as anyone on this board. more important to the township, would be to get operational and employ as many as possible. which will happen regardless, one way or another.
again all MHO.
7+ million shares ave. @ .008...
in regards to the shareholder rep, i got 5 onnnnn itttt.
now wouldn't that be possible. to buy the debt out from cprk, with a 10-1 reverse split (or some ratio), to where the new lender can get their claws deep into cprk, and provide start up lending as well, all by themselves... and everyones happy?
>>edit: but then they wouldn't need chpt 11. neeevvvvermind<<
i'm trying candy. just skimming the surfaces corruption, and the audacity of some individuals in this nation, makes it slightly harder. i've coined this move, "the three ceo monte." >>poof<<
Might get EVEN BETTER results...
collect a share count, contact the judge, then start a grassroots movement including the locals. :)
ummmm 20 shares for a .01, i consider that acting like a BK stock. hell, Iraq has a better chance of becoming a productive member of earth, than CPRK does emerging. Iraqi dinare is selling for .0008. just saying.
i'm out a nice chunk of cash, and relatively speaking for me, a small fortune. CPRK might emerge, but with current stock holders intact, the odds are just not with us.
wisdom is rarely acquired cheap. thats what i'm personally left with.
now... it's on to the next one, a little wiser this time. granted i will keep my shares, because i agree with most on this board, that beating the odds and coming back would more of a "kick in the junk" than it just flopping and losing my remaining 2k. i'm in it till the shares are erased from my account. still got some faith, anything can happen. i'm going to write my uncle warren a letter, see if he can help out.
at this rate i wouldn't be surprised to hear about them mailing it using those flat rate USPS boxes.
they were producing "sellable" concentrate, and did sell a single shipment, but the concentrate had to be processed twice, so they were charged twice, which would make it "uneconomical" to continue would it not?!
FFF... i met MD Nov 09' he said 75 million in financing..
was "right around the block" this was when pps was .006.
personally speaking...
with over an estimate 50yrs year worth of mining to do in milford, i could care less about getting %20 knocked off the top for the first few shipments. i'm not sure why or how everything went down with the PR's a few weeks ago. the mills up! the players are changing! the mills down! i'm being positive and am happy for the change. but after a yr or so of playing with CPRK, and visiting the mill.. i just want these guy to start selling copper. not too much to ask from an investor, investing in a copper mine.
no opinion about it, thats a fact!
" they need to understand that and reconnect with the shareholders to establish trust... IMO of course!"
well if you didnt believe fox before,mariner, i'm certain you talked yourself into believing him now by systematic bulleting. i think all anyone can say "take it with a grain of salt." or a teaspoon, or a freakin' handful if neccessary. and don't put your kids college fund on the table because fox posted something. mabey something leaked, maybe people are getting even more cccclllllevvvveeerrr like a fox.
believe none of what you hear and half of what yah see!
lastly.. during myyyyy visit to copperking.. i have the distint feeling MD went of his way to show me things he wanted me to see, and oppositely went out of way to not show me things he didnt want me to see.
not to be a negative nelly, but CPRK has never once reported on time, or in much detail, or really anything conclusive.
IE: "we've made our first shipment of CuCon!!"
Problem: it was also their last shipment.
i'm am long, long, long on CPRK, but with them i really dont believe "it", until i see "it". or read it verbatim with out any speculation on my part, forward looking statements, or beating around the bush. i do believe that change in the forecast, i hope so.
everyone goes a-buzz with talks of moontrips and copper plated houses. i wanna goto to the moon, i want a copper house.. fact is, it wont goto the moon it'd be nice to be above the hole were in make a .01 .02, and if you buy a copper house your family will be electrocuted by lighting by the end of the season.
lets just keep our wits. hell we all believe in the milford miracle right?! i wont mind a few more chances to gettem' cheap cheap cheap, before it goes into the pennies. every paycheck i snag a couple 100k more.
please let me be wrong. i want to be, sincerely.
i'm along term holder but would be damned if i didnt play whatever swings took place to obtain more shares at a lower cost/risk to myself.
i'm quite sure everything is for sale :D
a swing trading loooong baby!
this is going to sound crazy but i kinda liked milford. nothing but the nicest folk in that town, never been a city person myself.
lastly.. take in to account that there is probably someone with a law degree "spell checking" the PRs covering asses. so read the words that are written, and not just what you want to read.
i'm done.
CandyB!!!!
that was not my intention! ha! you being speechless is the last thing this forum needs/wants!! i'm just trying to bring back as much information as possible from my short visit in your neck of the woods. i lucked out and got a once in bluemoon tour. personally candy.. i see you smiling your big heart out! :P
everyone take my words with enough grains of salt to rationalize whatever it is you need, and please use your own DD and judgment. :D
alot of you know where to find me.
Aaron.
i think.. mine or anyone elses opinion is worth less than a share of cprk.
exactly.. i have many mentors that have drilled the importance of DD into me. for months people thought this was a scam with no reason except their own ignorance, or their own personal gain.
"Milford, Utah—September 30, 2009…Copper King Mining (CPRK-Pinksheet) today
announced that it has completed delivery of the first 25 tons of its copper concentrate as
stipulated in its contract with RBS Sempra Metals & Concentrates, LLC. The company
also affirmed that it now has completed the logistical arrangements to make continued
deliveries five days a week for the foreseeable future. The Company has delivered 75
tons of concentrate through today with two trucks carrying 50 additional tons to be
delivered Thursday, October 1st."
where does it say here that they're shipping five 25 ton trucks a week? i see where it says "has completed delivery of the first 25 tons" and they have completed the " logistical arrangements" for 5 loads a week. hell a logistical arrangement.. was it written on a napkin, on a fogged window?! they cannot be sued for an investors over-reaction, over-assumption, or pipedream. so yeah again put your calculators away.. and read what was actually released. they leave alot for the imagination dont they :"D
wiht the little experience that i got in investing, and the even smaller amount i have in mines it seems to me that alot of people over analyze %'s and fill in any holes with their own personal assumptions or pipe dreams. the percentages i mentioned in the post where not wieghts or % of copper,gold or silver, but dollars.
it costs per industry average 25% of the total smelted. so if i smelt $100, i gotta pay $25 to get it done.. and if i know i can get if done for $25, i'm not going to pay sempra $50.
i cannot say for sure how cprk factors in the cost of shipments and smelting. the quote i posted was from mr dotsons mouth.
as for the LTF and the lawsuit with PN, i'm sure it does hinder the financing process but to what affect i have no idea.
"you know if cprk factor shippment, smelting, and treatment into the price of a ton of concentrate?...25% is still too high. i think they stated that 1 ton is value at 50 K which is really low. also, does the PN lawsuit need to be resolved for us to get lt financing? thanks."
" the price was alright but we weren't getting it. sempra was charging cprk for 60k worth of non-existent freight, and also charged for double treatment for smelting of the CuCon. so 600k of CuCon, we were only getting 325K, which is bull$hit cause because freight and smelting should never go above 25%, and were paying over 50%. "
i apologize for my mis-wording of the 25%, basically out of the 100% in a shipment, roughly 25% is wrote off for freight, treatment, and smelting of the CuCon.
============================================================
can you further explain what this means? Thanks.
" ...theyre a fledgling mine so when their smelter is over charging, and is writing off almost 50% of the CuCon as un-useable (which supposedly isnt the case, and industry average is about 20-25% bad con per shipment)..."
does that mean their con is no good according to the smelter standard or are they shipping concentrate that is less than 20-25 % copper?
banter is banter and since there aren't any PRs we really dont have a choice, or do we? yes i understand this is an investment for alot of people, but in all honest CPRK hasn't earned the term "investment" yet. not until theyre pink-sheet compliant, and completely transparent. which they cannot afford to be from a financial stand point.
besides a PR being a PR is subject interpretation and calculation. for instance when they pr'd "we're shipping copper" everyone on the net slung out their calculators and started figuring how much is being shipped everyday. would it sadden you know that they've only actually shipped one shipment of CuCon? as per the people in milford thats what has happened. one shipment! butttt as per the CEO, theyre having issues with sempra and they'll replaced soon. CPRK is not in a position to get nickle and dimed to death. theyre a fledgling mine so when their smelter is over charging, and is writing off almost 50% of the CuCon as un-useable (which supposedly isnt the case, and industry average is about 20-25% bad con per shipment),
the dilution is continuing against everyone's wishes and the local labor is having trouble cashing their checks on the weekly basis. this is from the rumor mill, which is located right next to where the proposed sw/ex mill is going to be. ha kidding on that last note, but you get the idea. oh heres some news for you guys.. the SX/EW mill, the proposed SX/EW mill which needs to dismantled, shipped, and re-constructed is tied up in BK tape in Nevada, and will be for god knows how long. i'm expecting more progress/news on the cementation portion for the copper precip, which should have started last monday. in the future they have new innovatifve plans for the cementation process in-order to get the most in the least amount of time. good good good for everyone.. but wont be counting chickens yet.
as far as keeping discussions open and running up new investors on cprk.. that is not my job. i'm not here to convince anyone (unless they will buy me shares as well), theres a thing called DD which is the most important part of investing whether you have $100 or $1,000,000, and youre investing in a penny stock or a blue chip. DD!! DD!!
not to mention i'm not trying to answer all the senseless and unreferenced opinionated bashing that happens on these forums, its entirely too unregulated. hell this post might be deleted cause of that last sentence which is sincerely unfortunate.
lastly.. if its already been covered, i personally no reason to interject anything i know with exception to a link where you can find your answers. :D
-----------------------------------------------------------------
Okay, you woke up the rah rah team! Good enough.
But what are you really suggesting here? Is it that there is simply nothing for us to banter about on the CPRK discussion board? Or is it that the questions being posed are absurd given the history of WUCC and CPRK?
I suspect that if the PR's had shown some information in a clear format that a lot of this discussion would have been for not. But that would have been too simple. In that light the discussion has been for not anyhow when it comes to verifying details.
Regardless, folks are taking an interest in their investments and new investors are looking to see what understanding might be disclosed so as to make a decision as to invest or move on. And it is happening on this Investors Hub board.
It's just great to appreciate the mine development and all the suffering that went into building it over 15 years, but every investor here has in some way suffered out gathering their own wealth to the extent that they were able to make a decision to invest in Copper King Mining. For some of us, these are part of our assets accumulated over a lifetime of labor and investment.
Bottom line, we have questions and concerns and wish to see honest press releases in regards to the information the company has chosen to disclose. Those of us who have long holding sentiments have little interest in word games with those disclosures.
Rest assured that those of us invested are cognizant of many of the details surrounding the evolution of the so called "Milford Miracle" and we work to keep these discussions going even in the absence of any pertinent company information being shared. Pretty amazing, wouldn't you say?
~translation~
this mine is 15 years in the making from when mr dotson starting collecting the land leases. as a matter of fact our own mrs McCulley or "candyb" was the last (and hardest to obtain) lease signed.
anywho... 15 years in the making and they've started pulling out copper what 3 months ago.. so 15 yrs being a 100%, they've only been pulling out copper for about 1.2% of of CPRK existence.
i was in milford last week and have nothing but the upmost confidence in cprk, buttttt it has been a long road, and we're not done yet. still have a bs suit that is on the cuspe of being settled, LTF around the block, and as the days go by they're getting better at what they do. sure it would be easy for kennecott to sweep in and mine 100 times better than cprk with more transparency than now. but thats the thing, thats the 100 bagger, thats why it's at .007-8. thats why it might go lower. play the swings people collect your shares, get free ones!! sit on em cause when they do get their proverbial shit together, cprk will be mining on a world level. next spring cprk will be everything is set out to be, and growing up on the monthly basis. as for whatever press is released this week i'm assuming some will be in regards to the PN suit, as well as gold projections in milford. and as i posted in another forum which i will not mention because of my stock buddy, you want transparency to nothing. they have nothing to show!!! bam!
does anyone here think its easy to start a mining/milling operation to compete on a world level?!? did anyone think it was going to happen over night? with out any speedbumps, slow downs, lawsuits, bashing, or otherwise misinformed press releases? no ofcourse you didnt, so just be patient and ignore the wild and ridiculous claims.
three amigos...
ever consider that one of the reasons they won't get financing is because they have a pending lawsuit with PN... no of course you didn't.
ever consider reading CPRK rebuttal and see where it states that CPRK is counter suing for precisely that reason.. again no of course you didn't.
i would guess by reading some of the posts here that this some people first stock..
5% info 95% BS
just saying...
hardly man.. hardly. nothing to be sick over i didn't loose money, i missed money. huge difference!!
and how much did i miss?!? about $1200, it sucks yes, but not the end of the world and certainly not the end of my invest in cprk. besides my porfolio doesn't even notice it when the other 2 mill went up this much!! i got a little antsy in my assumption, and wanted to play the swing, hey i would have been able to add another 100k shares for free, why not :) i didnt know this thing would continue down the righteous path, and neither did anyone else! :P i sincerely doubt this will last especially with no news. but in all honesty i'd rather be wrong and see this thing continue on past a .01 for all of us to relax a bit.
i got 2 million shares.. 1 mill of which will be held for years to come, the other 1mill will be holding for + .20 range.. and even then i get greedy and will most likely sell at various points. i've had the best week since i started investing between KFN/INO so no complaints here my friend!
GLT!
Aaron
lol no worries either way.. :)
i'm just guessing the thing is gonna drop back for 1 very simple reason. no news.
ok ok that got filled entirely too fast. :) now drop back to .007. :)
i dunno but i'm definitely playing this swing. i have 2,399,700, gonna play the change (399,700) ill bet this wont last the rest of today and even more so tomorrow. got a sell order in @ 0083. we shall see if people are still buying
i could see where someone would be upset if they thought BIPH actually brought most their techonolgy's to the public forum, but they don't, they sell them. thats what this company does.
i'm not nor can i get down because they wanna save money by not filing. maybe i'm ignorantly getting fleeced, maybe i'm overtly positive. but 20% of what is considered a break through technology is not horrible.. usually the people pointing the fingers are the ones that deserve the pointing.. there are all more fingers pointing back at you self. stacking BIPH chips from other various plays while this is cheaper than cheap, and will not be expecting anything till mid 2010. peaCe
not really a complaint, i harharhar'd at the end! :)
but in all seriousness, im not sure who went to the mine and filmed it.. or why they feel it needs editing. just post whatever yah taped. click time to start, time to end, right click save, file name/location, youtube.com, upload, etc... i can go get some video, "edit" it, and have it posted in under 5 minutes.
but if the editing must continue may i suggest putting it to pink floyd's "money".
yea whoever "made a video" should go get a job for CPRK as their PR guy.. doing just as good at releasing things.
now thats worthy of a harharhar :D
regardless of their agreement to sell the copper they haven't sold a freaking grams worth...(cept to people who visit the mill and want a souvenir)
and well they have an underlying lawsuit still pending.. not shocked at all, and won't expect any movement until they file a quarterly. no need sweat it evvvvverrrryyyyysssiinnnggglllledaaay.
patience grasshopper.
Good Morning to you to in Texas!
Good Evening to me in Iraq!
***also under 30****