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He told me he is awaiting the basic PR outline and will help put it together as soon as he does...The problem is that while he knows the general info to be disclosed, he doesn't control it...
He also has told the company that the PR needs to answer a lot of the questions he has received over the last couple of weeks about shipments (size and total) and the mill production level, and where we are on LTF....
I don't envy his job....
CPRKtrader................
Pimco is the largest bond trading company...ALWAYS quoted on CNBC and all of the other stations...
Runs the biggest (and most successful) Bond Funds...
CPRKtrader
I SPOKE TO CM THIS MORNING....Verified that Dave Jensen is no longer with the Company, but this is not material information and will not be PR'd...If CPRK were to PR this, where do they stop????
When Kita stops answering the phone, or the truck driver who moves ore from the pit to the mill?????
I'm more concerned about why the mill isn't at 3375, not who is watching over it....
CPRKtrader...
AND THE DEFINITION OF A MINE.....
A HOLE IN THE GROUND WITH A LIER STANDING NEXT TO IT....
This is outright speculation at best, misinformation, and a scare tactic...YOU HAVE NO IDEA WHAT THE PFD. SHARES REPRESENT, AT WHAT PRICE THEY ARE CONVERTIBLE, IF AT ALL....
BTW...did anyone notice that for all the volume and volatility that we closed UP on the week??? As I said EARLY Wednesday...This was a "Key reversal" day and today's continuation to a higher high (in a really crappy market) spells good news for the coming week...
CPRKtrader
Market closes @ 1:00 EDT
JUST MORE GARBAGE AND INNUENDO......Does it ever occur to anyone else that CM does not control the flow of information????
I believe that he is just as frustrated as some of us are, wuth MD micromanaging every aspect of the company...
All I can say is that when I call Charles, he will spend as much time explaining anything I ask whether it's 2 minutes or an hour.
The problem here isn't CM, it's the fact that MD continues to keep the info to himself...picking and choosing what to tell and when...I'm firmly in the "Don't shoot the messenger" camp...without CM we would have no one to ask the questions and get the answers...
CPRKtrader
JUST RECEIVED FROM CHARLES....CPRKtrader....
Happy Thanksgiving All
As all of you know, this has been a very tough couple of weeks. I believe that there have been some rumors that were unfounded and some information out there that was dramatically over-exaggerated.
We are going to have some news in the near-term that I think will answer some of the questions. I am sure that by the end of next week, I will be able to update everyone on the intermediate term potential for our Company. Everyone continues to work very hard toward our goals.
I am very sorry for the delay in getting back to some of you either on the phone or via email. As you know, I have prided myself with immediate responses to both methods of communications. This has just not been possible since I have been inundated with both new investors requiring information and many of you long-term supporters with valid questions. In fact, today I received an email telling me that my voicemail was full..I called in and took down all of the messages and by the time I got off the call, there were 4 new messages.
The bottom line here is that I will continue to answer all of the questions and this message is just one to say “I hear you” and I will continue to do my best to get back to all of you as soon as possible.
I hope you all have a good Thanksgiving and that we can pick up next week with some solid progress to report.
Charles
REMEMBER WHERE YOU HEARD IT FIRST......CPRKtrader
BTW...FOR THOSE TECHNICALLY ORIENTED, I GO ON THE HOOK FOR CALLING THIS A "KEY-REVERSAL" DAY...
HUGH VOL. FOLLOWING A DECLINE (OR RISE) WHERE WE GO IN ONE DIRECTION AND CLOSE AT OR NEAR THE HIGH (OR LOW) OF THE DAY REPRESENTING A CHANGE IN DIRECTION...
CPRKtrader
I JUST GOT THIS FROM CHARLES
I am truly sorry for the delay..I am inundated with calls and emails...I actually just listened to 10 voicemails to clear my phone and by the time I got off there were 4 new ones.
I do not know of any specific reason for the selloff in the stock. I have discussed it with Mark and a couple of others and while there are always small problems, I haven't identified anything big enough to account for the volume.
I am working to get management to put out a PR, but I doubt anything will occur before Tuesday...I MAY put out something today, since I believe that whatever the issue, it is now feeding on itself...Rumors tend to do that...
Charles
HAMMER, HAMMER, HAMMER......SPIN, SPIN, SPIN....AS
USUAL, MISINFORMATION....
CM's name is on the PRs, but the dateline is LA, not Milford...
WE ARE NOT PAYING FOR O'HURLEY OR HIS PRs.....
BUT OF COURSE, THAT DOESN'T SUIT YOUR "CAUSE."
CPRKtrader
SPOKE TO CHARLES AGAIN...Looks like O'Hurley will not be on until about 2:30 PST...
CPRKtrader
JUST 2 ITEMS....SPOKE TO CHARLES......
1. HE HAS ASKED SEVERAL BOARD MEMBERS ABOUT THE "SUPPOSED" VOTE TO GO PRIVATE....IT NEVER HAPPENED...SOMEONE MAY HAVE MENTIONED WANTING TO GO PRIVATE A ONE TIME OR ANOTHER BUT THERE HAS NOT BEEN A BOD VOTE ON IT.....
2.O'Hurley will be on Big Biz show on radio today out of LA, and CM will get back to me with details shortly...
BTW, POSTERS, CM ANSWERS THE PHONE AND QUESTIONS ANYTIME SO THERE REALLY IS NO NEED FOR EITHER UNINFORMED SPECULATION OR MISINFORMATION TO APPEAR ON THIS BOARD...........
CPRKtrader
FOX BUSINESS IS 284 ON COMCAST...CPRKtrader
I ASKED CM ABOUT THE PR...HE / CPRK ARE NOT THE SOURCE, THEY ARE NOT PAYING OHURLEY OR ANYONE ELSE TO "PROMOTE" THE STOCK...
O'Hurley is a shareholder and it is his people putting this out...NOT OURS...
NO MONEY OR SHARES CHANGING HANDS...
CPRKtrader
HAS ANYBODY GONE TO THE WEBSITE SINCE IT'S UPDATE???
I know it's not complete but at least it's a start...
WWW.WUCCompany.com
CPRKtrader
I SPOKE TO CHARLES THIS AFTERNOON...(yes he does answer the phone and emails almost EVERYDAY) and he told me that we should expect to see several changes in the website...
www.wuccompany.com as soon as Monday morning...Not a complete overhaul, but a clear improvement.
And yes, he does live in the Boston area...and he has NOTHING TO DO OR ANY RELATIONSHIP with Sunrise.
Again, he has never misled me and has answered my questions...
so for any of you fools who have never called but have no problem bashing...just pick up the phone and try 617-633-2259 and get the actual TRUTH...
CPRKtrader...
I JUST SPOKE TO CHARLES ABOUT TYPO(?) FROM PR......
And it is not a typo...the word in paragraph 3 is SULFUR IS THE CORRECT WORD....and it is an advantage. Evidentally, the SX/EW and Cementation processes are reliant upon Sulfuric acid for a catalyst and the presence of sulfur in the ore body makes the process more efficient....
CPRKtrader...
JUST GOT THIS FROM CHARLES..............
COPPER KING ANNOUNCES CONCENTRATE PRODUCTION UPDATE
MILFORD, UTAH.--(BUSINESS WIRE)—November 3, 2009—Copper King Mining Corporation (CPRK.PK "Copper King" or the “Company”) is pleased to announce that it has completed production of in excess of 500 tons of concentrates from its Milford, Utah mill, and is presently preparing to ship another 250 tons of concentrate to the receiving smelter. Gold values in the concentrates have averaged from 0.18 to 0.24 ounces per ton, while silver has averaged 18 to 22 ounces per ton of concentrate. Copper has ranged from as high as 45%, while the shipped average is somewhat lower. The Company expects to substantially increase concentrate production by adding a six-cell conventional cleaner bank to clean the concentrate and a six-cell rougher bank to re-filter the tails discharge line.
As announced in its October 20, 2009 press release the Company is also continuing with its drilling program, and has encountered significant high grade mineralization, up to 11% copper, most recently in its exploration drilling at the Bawana Extension project. This drilling is designed to develop near-surface mineable reserves that can be immediately mined and sent to the Company’s nearby mill for processing. Substantial unexpected near surface mineralization has been encountered on strike with the original Bawana deposit from a depth of zero to 120 feet.
The Company is also making plans to open underground operations at its Eagle mine located near the Comet Breccia, on the western end of its mineral holdings. The Company expects that additional high grade gold, silver and copper ores will help boost the mill feed gold and sulfur content.
“We are excited to report progress in our production along with the recent drilling and discovery of additional, shallow high-grade mineralization so close to our mill and so accessible at the extension of the Bawana pit,” said Mark D. Dotson, President and CEO of Copper King. “We believe that the ongoing drilling, together with ramping up production at the mill, will add to our strength and provide additional growth for the Company. Drilling at the Bawana Extension and opening up operations at the Eagle mine represent the continuation of the Company’s plan to methodically explore and exploit its mining claims in the large area in the Milford Mineral Belt while ramping up production at the mill. Our plan is to continue to explore the upside potential of the entire Milford District.”
About Copper King
Copper King controls over 59,000 acres of advanced-stage and development-stage mineralized acreage in Western Beaver County, Utah The Company is ramping up production at a 5,000 ton per day capacity flotation mill for processing high-grade ores from its Hidden Treasure copper-gold-silver mine and other controlled properties under its control. Copper King is led by an experienced management team focused on exploration and production using traditional and new technologies.
###
This press release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. There are many factors that could cause our expectations and beliefs about our plans to commence production, our plans to drill or our drilling results to fail to materialize: general world economic conditions; availability of capital; unfavorable geologic conditions; the complexity of exploration and production; prevailing prices for commodities, and general regional economic conditions. Copper King assumes no obligation to update the information contained in this press release.
Contact
Investor Relations:
Charles A. Moskowitz
617-633-2259
CAM@Copperkingmining.com
CHARTS ALWAYS WORK...BECAUSE THEY ARE JUST A SNAPSHOT....And they are open to interpertation. I have used charts (bar charts, not the candles that we see here on the site) for almost 30 years...BUT THE REAL REASON IS BECAUSE NEWS ALWAYS LEAKS OUT....Good / bad..doesn't matter. Someone is ALWAYS talking. A problem, or a solution..you will always see a stock get tired (low vol. approaching a former high) or big vol. when the stock is just holding above an area that it has stopped going down (support)..are 2 of the more common messages you can get from a chart....Does anyone remember how fast we moved from .096 --up to 1.9 recently??? If you've forgotten, it stopped at a recent high of about 1.1 and big vol. came in and it moved like a hot knife thru butter from 1.2 to 1.9...a 70% mov e in 2 hours....These areas are important....NO HELP FROM .011 TO .014, BUT if you watch where we've held before or where we've halted a rise...these will clearly help you trade profitably..
CPRKtrader
I BELIEVE YOUR NUMBERS ARE OFF.......
My recollection is that the fixed expenses are around $850,000 per month...not $1.2Million (300000X4)..and at that rate, we are cashflow POSITIVE.....With room on the upside..
CPRKtrader
SEMPRA GETS ALL OF THE CONCENTRATE BUT..........
They are not entitled to the SX/EW stuff, or any of the Magnetite...
CPRKtrader
I SPOKE TO CHARLES YESTERDAY ABOUT THE WEBSITE.....
And he assured me that he has FINALLY gotten some control over the site and has new content coming as early as this coming week...He told me that I shouldn't expect a miracle over night, but he will make sure that there is a new "Note, or Letter" to the shareholders posted and some degree of continuity on the press releases....he told me that he want to put in WORKING links to the stock info,AMM articles, Bill Chippass shows and anything else that will help new investors do their research...
As you all know, I like the guy and he's not told me anything but the truth, but I still don't expect a lot of change in the short term...At least it's movement in the right direction....have a good weekend...
CPRKtrader....
ON2...IT'S NOT THE PERFECTION THAT IS THE ISSUE...IT'S THE ABILITY TO GET THE MOST OUT OF THE ORE...The cementation is part of the equation also, why waste "heavy" ore if you can't take full advantage???
CPRKtrader
ON2.......They aren't using the high-grade stuff until the Mill is up to 3000+ No use using it until it's EXACTLY the way they want it.....
JUST SPOKE TO CHARLES...REPORT WAS SENT TO HIM AND WILL GO OUT SHORTLY...
CPRKtrader
YES...BUT IT WAS FORTUNATE FOR ME....I followed it up from .86 to 9 to 91, didn't get any so I cxl'd and ended up buying 350000 with my bid for another 150@.88 now...
CPRKtrader
AGREED...I'VE BEEN MOVING UP MY BID FOR 500000 FRO0M 88 TO 9 TO 91 TO NOW 95 WITHOUT BUYING ANY STOCK...
CPRKtrader...
BUT MOST IMPORTANT....The seller isn't pressing the stock lower as they did for the last 4 days...
The bid keeps moving up...slowly, but now .088...
Seller is just not around yet (or hopefully) not for the day...
AND THEY CAN SPEND THE NEXT 5 YRS IN LAWSUITS, From making false statements to manipulation of the stock,SPENDING MONEY AND WASTING THE ASSET....
WEBTIME....YOUR ANSWER IS NOT FACTUAL....THE BOARD DOES NOT ACT IN A VACUUM....
A SHAREHOLDER LAWSUIT against the board would FORCE a fairness opinion for the real value of this company....And judging by the way this stock moves on news, the shareholders would certainly not accept any price close to the close today...I would bet (as I have with my wallet) that this stock is undervalued by a factor of 5,,,at least...
CPRKtrader
They either have to control all of the stock, or make an offer for any that they don't have in order to vote (Board of Directors) to go private...besides that, they would be subject to lawsuits if there was not a "reasonable-independent opinion" made by an outside source as to the "fairness" of any offer...
This is all pretty standard stuff...
CPRKtrader
THEY CANNOT TAKE THE COMPANY PRIVATE...
Without buying back all of the stock they do not own or control...and I would strongly doubt they can do that anywhere near the current price...or 3-5X the price for that matter....
CPRKtrader
I DON'T THINK OF CM AS A CHEERLEADER.....
And frankly, I think he does a very good job for the
shareholders...get's coverage for a company that deserves very little considering the market-cap, where it is traded, and it's price....YOU CAN'T BUY THE AMM COVERAGE AT ANY PRICE...
So, TB and Dent...I'm sure the company would love to hear how you'd do it...and get HONEST answers...
CPRKtrader
JUST GOT THIS FROM CHARLES......
COPPER KING ANNOUNCES HIGH GRADE DRILLING RESULTS FOR THE BAWANA EXTENSION PROJECT
MINERALIZATION AT SHALLOW DEPTHS; INTERVALS GRADE UP TO 11.84 % COPPER
MILFORD, UTAH.--(BUSINESS WIRE)—October 20, 2009—Copper King Mining Corporation (CPRK.PK "Copper King" or the “Company”) is pleased to announce results from its continuing exploration drilling at the Bawana Extension project. This drilling is designed to develop near-surface mineable reserves that can be immediately mined and sent to the Company’s nearby mill for processing. Substantial unexpected near surface mineralization has been encountered on strike with the original Bawana deposit from a depth of zero to 120 feet. The table below summarizes selected drill intercepts and grades encountered to date on the project
The Bawana Extension Project lies east of the Copper Ranch Project area. Substantial copper, gold and silver concentrate similar to that being made at present by the Company from its mill was produced from the adjoining Bawana mine during the period 1961 – 1966. On-going drilling is being conducted using two reverse circulation drill rigs owned by the Company, and the mineralization appears to be open in multiple directions.
The Company is also making plans to open underground operations at its Eagle mine located near the Comet Breccia, on the western end of its mineral holdings. The Company expects that additional high grade gold, silver and copper ores will help boost the mill feed gold and sulfur content.
SELECTED DRILL HOLE INTERVALS
HOLE INTERVAL AND PERCENT COPPER
ABAW 24 5 TO 10 FEET 2.0%
10 TO 15 FEET 2.6%
15 TO 20 FEET 1.8%
ABAW 25 15 TO 20 FEET 3.0%
20 TO 25 FEET 1.8%
25 TO 30 FEET 1.3%
75 TO 80 FEET 5.66%
ABAW 26 65 TO 70 FEET 3.8%
70 TO 75 FEET 4.0%
75 TO 80 FEET 3.8%
ABAW 27 75 TO 80 FEET 1.4%
80 TO 85 FEET 1.7%
85 TO 90 FEET 3.7%
90 TO 95 FEET 4.8%
95 TO 100 FEET 2.0%
ABAW 28 40 TO 45 FEET 11.84%
45 TO 50 FEET 3.4%
50 TO 55 FEET 1.7%
60 TO 65 FEET 1.2%
ABAW 30 45 TO 50 FEET 4.9%
50 TO 55 FEET 1.9%
“We are excited to report the drilling and discovery of additional, shallow high-grade mineralization so close to our mill and so accessible at the extension of the Bawana pit,” said Mark D. Dotson, President and CEO of Copper King. “We believe that the ongoing drilling, together with ramping up production at the mill, will add to our strength and provide additional growth for the Company. Drilling at the Bawana Extension and opening up operations at the Eagle mine represent the continuation of the Company’s plan to methodically explore and exploit its mining claims in the large area in the Milford Mineral Belt while ramping up production at the mill. Our plan is to continue to explore the upside potential of the entire Milford District.”
About Copper King
Copper King controls over 59,000 acres of advanced-stage and development-stage mineralized acreage in Western Beaver County, Utah The Company is ramping up production at a 5,000 ton per day capacity flotation mill for processing high-grade ores from its Hidden Treasure copper-gold-silver mine and other controlled properties under its control. Copper King is led by an experienced management team focused on exploration and production using traditional and new technologies.
###
This press release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. There are many factors that could cause our expectations and beliefs about our plans to commence production, our plans to drill or our drilling results to fail to materialize: general world economic conditions; availability of capital; unfavorable geologic conditions; the complexity of exploration and production; prevailing prices for commodities, and general regional economic conditions. Copper King assumes no obligation to update the information contained in this press release.
Contact
Investor Relations:
Charles A. Moskowitz
617-633-2259
CAM@Copperkingmining.com
IT MEANS NOTHING OTHER THAN INFO....
And Richard...you take it out of context...making it look defiant instead of just info....
LOTS OF GOOD REASONS FOR GOING FULLY-REPORTING...
A move from the Pinks, better terms for LTFunding,
Better recognition...
All the reasons Charles has mentioned both to me and on the radio shows AMM interview...
CPRKTrader