All that I say is my opinion and always do due diligence when buying or selling a stock!
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Very well put! The grass hopper's family wants privileges to the land rights and are suing the government for taking their land! They open a casino (grass hopper pays no taxes) and the ant shows up and spends his post taxed paycheck on the casino where he looses it all on Black 9. Moral of the story, should have been a grass hopper!
alias,
you can put the FDIC in that same camp! They should have known better!
jimmy
Chiron,
I have voiced that opinion also but met some stiff resistance. We all want this to fly to the moon today but JPM and FDIC have other plans such as, "drag their feet" to get a better settlement for themselves. This may go to a pre-trial and up to a point of settlement. Yes it will frustrate the longs but Jamie is a tough cookie and he got to his status by being tough. No I am not pro JPM but just being honest is all. All is IMO !
jimmy
There is no talking to someone who may or may not get paid to be negative. CPRK has issues but look at how we are compared to a year ago. We are generating revenues, in the works of getting long term financing, shipping products, doing what a company is supposed to do!
GO CPRK!!
Will it hold and what is the price target?
Just bought in, why $6 and when ? Thanks!
jimmy
This will test everyone patience and conviction.
.30 may not hold! Just not enough conviction. Just look at the chart. Past days to the run up, there was support in the teens, then over exuberance kicked. Don't get mad at my post, just see it for your self and try to keep emotions down and use a little logic is all. FYI, I am not a basher, just trying to share some honest thoughts.
JPM and FDIC are stalling and buying time. I feel the government has gotten to our judge. She knows in her heart what happened and wants to get this finished but like I said earlier, just way to complex, they are getting their ducks in a row for the smooth transition out of this mess! Now its just when!
This deal is big and will set the tone for past bank take overs and future ones. It very well could come down to how they word the settlement that will not have past and future ramifications on our Government. I am speculating with not a whole lot of DD but its coming from my heart.
No not yet. Had .35 in mind last night but the trend is lower. I am pulled to wait and get better entry but I am concerned that this still may take time to settle beyond the 9-25 date. The market yesterday had a "over exuberance" feel and it just lit up the boards around the world. Now for most non wamuers, that was a quick flip, just look at today so far. I am inclined to see this go lower as people are taking profits. I believe in this settlement just nothing is etched in stone is all.
Sept.26,2008, old news. Is there something I missed?
Yes Your right, 2004 Discovery is big also but just knowing that having JPM be in a bad place is not an option.
The main stream media is tainted and will not ever report the truth in this decade of how WAMUQ was stolen because of a fear of loss advertising dollars.
So a small minority and a few whales believe a favorable outcome is expected and we rely on our Judicial system to do the right thing. But makes me believe that it will take more time than the board thinks, all the favors being called by Jamie to everyone he knows including Government officials who can change history, policies and the likes till this things gets watered down or favorable legislation helps him and FDIC.
Our lawyers has done terrific job and the judge seems to be in favor of us. That is what keeps me in this stock along with all the DD done by you and the board.
I don't think this was the DD you where expecting but its late and I am rambling.My writing is juvenile but its what I have seen and continually see. We want justice and fairness but we don't always get what we want when we want it is all.
Good luck to all and Go WAMUQ sooner then later but we will see!
IMHO!
Trust me, I sat here saying (as most did or thought)should I or shouldn't I? Well, family first (gotta eat). I hope I find a quick entry, may set that .35 and see if it bites. Trust me, I want to believe its a sure thing but so far know one on this earth has convinced me it is and God will answer in his time. I truly hope the people who lost all get something for there pain and suffering! I bought day before seizure (2000 shares) and watched it just melt away! Took months to get the courage to buy more and cost average. Well enough, Good Luck to all and Go WAMUQ!!!
Thanks! finding my way in this tough place we live in ya know!
Good luck to you also!
jimmy
I hope all did well today with WAMUQ! What a ride! The WAMUQ board is saying we go much higher because of Sept.25 , maybe the ruling on the 4 billion then higher as we gain momentum! My money, my pick, your money , your pick! Good luck!
Respectfully disagree. Some took profits as I did. No crime in banking profits. I am looking for a re-entry point at .35, maybe around lunch. I saw a whole lot of buying and also saw a few times, selling. I wish I had more money but this economy has just been awful for my family. It was a stretch just to convince my wife to have some faith in my actions. Thank God, I made some money but man, what a ride today!!
Thanks for the honest answer. It has had alot of emotion and I am a bit tired from it. I was all smiles today.
By the way, I don't have PM capabilities so you asked me about a favor?
jimmy
Thanks for the opinions! I have a re-entry point at .35 on WAMUQ and will ride till Friday or early next but as always subject to change.
In my heart tho, I think JPM takes us into end of year with appeals and just simply staling! Please, I know this is not what you want to hear but that's JPM MO! There is just so much money, pride, and just alot of blame to go around that being very complex for all parties involved that ducks need to be in a row so to speak! We still may see it go to a pre-trial (BUYING TIME) I WANT THIS TO FLY so be nice!
Please give DD why we will not go to end of year, thanks again.
jimmy
ps: I am for justice and want WAMUQ to get all that they deserve $$ and Vegas trip is already planned just need the tickets!
We had a terrific day! My concern is we are 7days in a run so does make sense to see a pull back, wouldn't you all agree?
PLEASE, don't get me wrong, I am long and strong for WAMUQ (check my posts) but I have been in stocks that we all get really excited and it runs on emotion then burns out from exhaustion!
Does anyone believe we will have a better entry point? Or are we just riding higher into Friday? Please no stupid bash comments, just looking for honest answers.
Thanks in advance.
jimmy
That was fun, may see some profit taking but I am curious at to the support number. Does anyone have this? Thanks in advance.
jimmy
just a break, the stock is getting a little tired! Come on , push onward people, you can do it!!
Power hour here we come, hang tight!! May get 100mill. traded!?
Hey, thats my brother's first car but in brown!! Watch the gas tank tho!!
Yep, some great things are happening and we are on the ground floor ready to launch! Should be good for a long time.
jimmy
I am still in WAMUQ and CPRK. These two are getting ready for some huge pops to the upside. Lots going on with both! IMO
jimmy
Thanks Colorado1 all that you do for us on the board.
I have no pm privileges.
jimmy
I have contributed very little. I am just a common man in a complex world living a dream with all WAMUERs. But I will take that drink then the next ones on me!! I here Vegas is hot right now. Will the weather break soon?
Well, the longs believe $8-24 a share and maybe a share swap. I am just happy and blessed by this community of WAMUERs who has done a great job at the DD. This has been a rare collection of the smartest, most generous, and selfless people I have ever met on the boards. I hope we stay together as a core and keep up the investment ideas. This could be a long term thing if we want it to be.
That is FANTASTIC!! Great DD! You are priceless!
jimmy
Very nice Richard! Thanks for the words of encouragement!
jimmy
Thank you for the chart with info! Blue skies all the way to a dollar as indicated in video with resistance at .20 and .18 where it indicates maybe a buy point. This is great news for us longs as we watch WAMUQ just climb. IMO and GLTA!
This is fun and everyone is getting some action! I hope people will share with family and maybe a friend or two. When we see Diamond's 12+, there will be alot of millionaires who will buy alot of stuff and help pump this economy alittle!
GO WAMUQ!!!
This article was on the CPRK board and it is very positive. Get this stock before it takes off! I have shares so yes I have a vested interest. Always do your own DD and use funds that can be lost. Good Luck!
Copper King set to ship concentrates
By Tatyana Shumsky Published: Sep 17 2009 4:404PM
NEW YORK -- Copper King Mining Corp. will start trucking copper concentrate next week to RBS Sempra Metals & Concentrates LLC from its Milford, Utah, operations.
"After previously commencing production operations at the mill, commencing the regular shipment of copper concentrate pursuant to the concentrate sale agreement represents the next major step in the progress of our project," Mark D. Dotson, Copper King's president and chief executive officer, said in a statement.
Copper King signed a four-year offtake take deal with RBS Sempra Metals & Concentrates in July for 100 percent of the copper concentrate output from its Hidden Treasure copper-gold-silver mine in Milford. RBS Sempra agreed to pay for 96.5 percent of the full copper content at the closing price on either the London Metal Exchange or the Comex division of the New York Mercantile Exchange, averaged over 15 days before and after the quotation da y.
The contract calls for concentrate grades in the 29- to 31-percent range, but the company revealed its concentrate is well above that requirement in the 36- to 42-percent range.
"The concentrate that we produce is of a very high quality, well in excess of what the contract states," Charles Moskowitz, Copper King's director of corporate communications and investor relations, told AMM.
The higher concentrate grades helped Copper King secure more favorable contract terms, including a large prepayment. Copper King receives 60-percent provisional upfront payment when it loads the concentrate onto the truck in Milford, and a further 30 percent when RBS Sempra receives it at the smelter, with a 10-percent reconciliation payment once copper production is complete.
"Sempra still has not made the logistical arrangements to take it. Which is why we are beginning to ship it by truck-so as to validat e the contract through performance and to get some cash flow," Moskowitz said.
Initial shipments to RBS Sempra will be one truck per day, five days a week, or about 20 tonnes per day of copper concentrate. The company expects to increase shipments to three trucks per day, five days a week, within a month.
Copper King built a new flotation mill in 2008, and began "soft start" operations in May 2009. "They've been getting all the kinks out and building up production on a day-by-day basis," Moskowitz said.
Thus far, 1,200 to 1,500 tonnes of ore is going through the mill, generating 20 to 22 tonnes per day of copper concentrate. By year-end, Copper King expects the mill to reach a sustainable 3,375 tonnes per day of ore input and produce between 60 and 75 tonnes of concentrate daily.
"We'll be ratcheting that up . . . its going to take another month, during which time we assume the logistics will be in place for the rail car shipments," Moskowitz said.
The Copper King facility is located near a Western Union rail spur, which the company already utilizes for shipping its magnetite production to coal producer Massey Energy Co. The Hidden Treasure Mine is about 30-percent magnetite, with production of that product estimated at 800 to 1,000 tonnes per day. Copper King is contracted to ship the first 75,000 tonnes per year of magnetite to Massey Energy at a discount price of around $16.50 per tonne, with surplus production sold at market price.
RBS Sempra is expected to utilize the infrastructure for its shipments of concentrate.
Copper King has been mining for probably about two years and stockpiling the ore, Moskowitz said. "This is a company that never had any revenues before, and really has built itself up on the backs of shareholders."
Copper King and subsidiary Western Utah Copper C o. have spent the last 20 years consolidating fragmented mining claims in the Milford Mineral Belt, now owning around 80,000 acres of advanced- and development-stage mineralized properties in Utah's Western Beaver County.
Disclaimer/Copyright ©2008 American Metal Market LLC.
Hey Nate,
What your feeling with Long Tem Financing? I thought someone on the board say there was a 98% chance. I believe this is just the beginning to a great company!
Its nice to get this move up and onward move for many years to come! This is just the beginning!
GO CPRK!!!
Its a very log story and its late so for now, go to the WAMUQ board and there is alot of great people who has both knowledge and expertise. There may even be sticky notes or wamustory.com I think. GLTY
It is a collaboration from some of the smartest people I have ever talked to on IHub and y board. I was just lucky to have found such people now I call friends. We all come from different walks of life but all share the same goal, good sound investments with a touch of gambling hearts on the edge with lots of DD! Very focused and at times impatient with newbies but most have enough patients to share and help one another.
If WAMUQ really goes to $8-24 a share, we will be in Vegas for a big party. Good Luck to all and I hope this board finds its footing. I will respond when I can.
jimmy
Well CPRK came out with a PR today as I said in a previous post. Up 26.3% with double average volume. This may run more next week. This company is just starting to take off but it has not established a Long Term Financing but speculation has it , will be soon!
WAMUQ is doing great! Up 13% with Sept.25 date fast approaching, we may see this explode higher with the shorts getting mugged! Had you been in this a week or so ago, you would have doubled your money! Still time but not for long.
As I said before, my money my picks, your money your picks, do your DD and good luck!
Yes, some people you will not change no matter what but hey we only worry about whats on our plate. If they don't like the food, go to a different diner!
Way to go CPRK!!! This company is resolving one issue at a time and this was a big issue!!