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Monk,
I'm not a chart expert, but it appears that even though the stock has been hammered a bit lately it is still holding it's own. It would seem to me that any other typical pinky would have gone to zippo (no pun intended) by now.
The market is in the dumper too. What is your take on the chart? Do you think we've cleared the bottom now?
I also think we need to keep our posts focused on the direction cprk is taking now and not what transpired in the past.
Say what you will about WB and his motives, he gave us an incredible opportunity to make money with what may be the best stock to ever reside on the pinks.
Monk,
I'm not a chart expert, but it appears that even though the stock has been hammered a bit lately it is still holding it's own. It would seem to me that any other typical pinky would have gone to zippo (no pun intended) by now.
The market is in the dumper too. What is your take on the chart? Do you think we've cleared the bottom now?
I also think we need to keep our posts focused on the direction cprk is taking now and not what transpired in the past.
Say what you will about WB and his motives, he gave us an incredible opportunity to make money with what may be the best stock to ever reside on the pinks.
Good post Morgan.
WUCC was a privately held company for several years. It became Copper King in 2007.
You are absolutely right. This is a great stock and has assets that will prove out for all of us. We all need to hold on to our shares and we will all do extremely well. As I've stated before, I've been out to the mill and have seen this incredible company first-hand three times now.
The mill will come online by the end of this month or early december.
There is ore in the ground.
The demand for copper will begin rising again.
If you'll search this board and others, i think you'll find that there are some folks with large blocks of stock who have a vested interest in profit taking--even at the expense of keeping the pps down due to their need for cash. Once they've exhausted their holdings, this should start to perform like it should with all the potential of the mineral holdings, assets and with production coming soon.
It's my understanding that the heavy equipment is mostly owned and paid for by cprk--but they may be leasing some of the additional rigs. The rock crushing equipment is from a third party vendor hired for that purpose.
If you look at the top of the light blue floatation tank you can see a series of gray color motors at the top. The motors on the ball mills have been installed for months now. The conduit has been run throughout the building, but whether it is hooked up in the substation is something i personally don't know. From the looks of the video, most of plumbing is completed and what isn't is so close to completion that it can be finished within a week or so including painting.
Anyway, we're so close now all we have to do is wait til the end of the month and we'll know soon enough.
Cheers.
I can see some great progress since my last visit. The conveyor system bringing the high-grade ore to the ball mills looks like it's all hooked up. The flotation tanks look like they are ready to be functional. The substation is all enclosed now--can't see how the electrical hook-ups inside are doing, but I imagine that is getting closer as well.
Good visual update. Any word on the computer equipment?
Lazy,
I think a lot of what you said about manipulation happened. I agree that WB had his hand prints all over CPRK in the early stages. However, there's absolutely no question Mark Dotson took complete control over the company because he didn't agree with how things were being handled. That's why WB is not a factor anymore and why this company is real. Mark has taken 100% control and built CPRK to the point it is poised to begin production within the next 30 days. The mill will make money and the stock pps will rise in 2009 if not before.
The vast majority of restricted shares are owned by top management of the company or have been sold to friendly shareholders to pay for the equipment and build-out of the mill. It is my understanding that possible dumpers have had to turn their shares back to the control of the company.
There's no question that the mill at this point will be the best example of "state-of-the art" in flotation mills when it opens. Despite what may have happened when it was under someone else's control, it is firmly in the grasp of Mark Dotson now. Since he has taken control we haven't seen any questionable pr's or promotion and all of the build-out has exploded under his direction.
Good luck to you. I hope you get some bargain shares at this price because you won't see them this low after the mill opens.
It breaks into regular commercial breaks on certain cable channels like espn, tbs, etc. I believe they have about 8 or 9. They can replace national feed commercials with commercials of their own content.
The only thing they have to do is get more subscribers so they become a bigger and more attractive factor for advertisers--both national, regional and local.
That's how it works--right MIke?
JTF comes thru again. Nice pix my friend. Hope the disbelievers believe a little more. Any more info on the toshiba end of the project? Aren't they due to start plugging in the computer server & control units within the next week or so?
i'm trying to get a small buy in at these prices
You too! Watch out for the ghosties tonite
Happy halloween to you too.
Hey have you noticed DF is back trying to bash CPRK? Still has an axe to grind.
yeah, who wants to fill all that paperwork out. Heck in this economy it's easy to get a loan. lol. Besides, just have to find the right stock & ride it up.
whatever works. I hear monk is LOADED.
You snooze you loose here...can't believe all the ups and downs today. Crazy.
Hi Tina,
Wow, go away from the board for a day or two and there's a zillion posts! Gonna take awhile to catch up.
JTF was saying that the manipulation will decrease--not the pps
Options, I hope you're still lurking six months from now. I've been to the mill and seen firsthand what is happening there. If you haven't seen the pix & read the first-hand accounts, then don't compare this with a pinky pump and dump. This is real with real assets and real promise.
Yeah, but now's a great time to buy--if I had any cash. Can ya loan me a couple thousand Monk?
Nothing I'd like to see better than monk drawing BIG smiley faces on the cprk chart!!!
Sorry Monk, I thought the chart was great. It was just the direction it was going that I didn't like.
Thanks. I'll keep my eye on this one.
we need to know what "sold out" is relative to cable market and market share. What regions are we reaching and what is the penetration of "our" cable viewers in those regions? We need to get more info from the company so we can make some positive plays based on positive cable inroads.
Wow! I'm impressed. But it all boils down to eyeballs on tv sets with this play. That's how the company is making money--by selling captive cable eyeballs to advertisers. Now what we need to know is how many eyeballs on tv sets divided by two, exactly what the increase in praebius cable reach is and what the change has been since six months & a year ago.
Agreed.
Well, it's halloween, so lopping off a head or two makes sense.
Thanks for the chart info, but I'm hating it. We have a couple of possibilities here. First of all, the company needs to raise $2MM to open the mill. How much of that has already been raised we don't know, but probably at least half of it since we are creeping into November.
The other possibility is that several large shareholders feel the need for cash and are selling. Why they are selling this low is anybody's guess, but if they have a ton of shares and they didn't have to buy them then it doesn't matter what price they get for their shares, they are making a profit--albeit a lesser profit than if the pps was higher.
The likelihood is that both scenarios is playing out and the international price of copper has declined. I believe the price of copper will come back up, but everything considered, the next few weeks look bleak.
The great ray of sunshine is the actual commencement of production. When that happens late November, early December we should see some positive movement. Until then, if ya got it, buy it.
Wow! Lots of activity here. Let's hope Praebius goes to da moon!
Thanks Copper. I saw the first well being drilled, the pumphouse being built & the control room & server room waiting for equipment. Any additional info would be great for the board.
Thanks, but I seem to have received it.
Sure wish I wasn't a freebie member and could pm. Course, I guess I could pony up and solve that...
Wish somebody would email me.
LOL : ))))
Really good news Copper.
Do you know where we are in getting the Toshiba computer system installed? Are the wells close to coming online? Can you give us an update of interior plumbing progress since last month?
If you can give us an update on some of those specific areas it would give us a very good idea of actually how close we are. Personally I don't doubt they may be ahead of schedule.
Hi Tina,
Good to see you here!
Careful. There's a 504 in play.
Does anyone have a timeline from Boyd or anyone inside on when they might post their first financials?
We all appreciate the chart updates. Great job Monk