Can you tell whether they are limit or market sells? It would seem the best way to keep the price low is to put in small sells at the market. This keeps the listed price at the lowest available price. Just in case there are no limit buyers when a market sell order hits, the price plummits.

Stock price is disconnedted from net worth because no dividends are being paid yet. Price is dangling in the wind, subject to rumors.

I can hear it now. "Where are the 'smelter actual reports'?" "If CPRK doesn't produce these reports immediately in a press release, they must be trying to hide something!?!" More nonstop gossip for the rumor mill.

IMO Colorado 1 deserves great appreciation rather than criticism for sharing with us his impressions of what is going on at CPRK. He seems right on about at least 90% of what he posts. He and a few others are highly credible when they post.

I think it's that people want to make some money now. Dollars are going down, foreign stocks going up and CPRK going down, not even staying up after positive cash flow has been achieved. With the announcement that CPRK is still gearing up and the price is likely to be up by the end of NEXT year, they've taken their money and put it in something else that can make money in the short term while CPRK simmers.

Their view is probably that there are a lot of other boats that are departing now, and they can come back to CPRK later.

I think they'll miss the boat.

That's for a company that is stable. CPRK is also sitting on assets worth ten billion or more, and will be building the SX/EW, continuing up beyond 3000 tons, and, presumably, be building, or planning, additional mills and projects by the end of next year. Rapid growth can change the multiplier considerably. Interestingly, it is concern for rapid shrinking that is the only reason that CPRK is in the 1 cent range now.

I would think they might devote some resources to the SX/EW over the next few months. It has such a good ROI. Anybody know how much work it is to set up the used SX/EW they bought?

Wow! That's almost 10% of total outstanding shares. But still only about $5 million total. That's a drop in the bucket for rich guys looking to hedge against inflation or dollar collapse. It's a great write off as well. Either it goes ballistic, or it goes bankrupt and can be written off!

There is nothing left for CPRK to achieve to BE a winner besides distribute dividends, then it's too late to get in. Obviously they won't look like a winner until they take care of details like formalizing their financing with LT in place, and becoming more transparent. By starting the mill, proving the process, establishing cash flow, expanding their proven reserves beyond the ten billion already documented, and already owning the electrolysis equipment, CPRK has become an extremely good risk, given the upside ROI potential.

CPRK is not a good risk for anyone doing their DD by looking on this site, but rich individuals who visit the mill and meet the principals could easily seek to invest 5 million dollars to own 7% of a copper mine.

How do I submit questions? I would ask, "Does current sale of concentrate and magnetite provide a net positive cash flow to CPRK that covers cost of running the mill, exploration, and debt service?" It seems this is a key question in evaluating whether CPRK is now a big player or just a struggling pink.

I'm really proud of what CPRK/Dotson & crew have achieved on our behalf. (On behalf of long term stockholders) CPRK could have gone under a year ago when they had nothing but paper. Now they have a working mill, billions more in proven resources, and positive cash flow. This is huge. You can try to ding them for not having gotten it all done within a week or a month, but it does little for your credibility.

Cash Flow Positive? You have a valid and seemingly fundamental point. I don't know whether, with the magnetite sales and now the concentrate sales, whether CPRK is cash flow positive. What is the debt service on the debt, is it $40 million? What is the current cost of running the mill and continuing to mine and search for more ore? We have a good idea what the income is now, and what it will be through December, so it seems someone can calculate an estimate of whether we are currently cash flow positive.

Any takers?

This is remarkable, rehash of trustee action helps pps to go down the toilet. No, you know your dire predictions are extremely unlikely given all the obstacles CPRK has already overcome. They are extremely resourceful, and now, with positive cash flow, they have far more options than ever.

On the other hand, because I have faith in you guys, I sold a bunch of shares at 1.7, and intend to buy them back when the price bottoms out again. Do you think it will get below 1 before the LT financing spurt? My problem in waiting is that LT financing could be announced any day now.

There is no SOLID pps until CPRK starts paying DIVIDENDS, and CPRK can't start paying dividends until they get long term financing, which I suppose can happen any day. MD told me a long time ago that he really didn't want to get LT financing until he had production because otherwise he would need to give too much (of our future dividends) away. Remarkably, he has succeeded in achieving production and positive cash flow without long term financing, an incredible achievement.

Anyway, back to your question, the current PPS is based on a flood of rumors, mostly negative, trickling second hand facts on progress, and a press release every month or two whether we need it or not. PPS is a figment of the creative imagination of stockholders, shaped principally by what is posted on these boards, and having very little to do with the true value of CPRK. Over the past few months, things have been consistent with press releas projections, so I expect that we know just what is going to happen with the mill: Continued increase in production until the end of the year, continued drilling and discovery of additional proven reserves through the end of the year, growing rumors about SX/EW both positive and negative, with a press release around December saying that they expect to have SX/EW up and running by April, which may or may not happen.

Somewhere along the line, probably well before the end of the year, we will probably get LT financing, which will create a temporary boost in PPS, but which really means nothing until CPRK distributes dividends, because the only real remaining question at this point is:

Will CPRK distribute a large percentage of profits as dividends as MD has promised. Everything else is noise and rumors.

Colorado, What is the motivation for driving down the price?

Not adding up? Adding up to a very big Monday when the first truck rolls!!!!

This is a really good rumor, and may be the perfect thing to temper the enthusiasm of long term investors.

Ally,

Thanks for sharing!!!!! Funny how it all works out!
This should be proof enough that we are shipping condensate, even if we don't get video footage of the truck driving out of town toward Arizona. Even then, they'd say, "it could be any old truck." Let 'em say.

God what a fun day!!!

And, what happens if the "schedule" is met on Monday. You'll have all weekend to think up rumors about how this doesn't mean 1) CPRK is in production. and 2) Cash flow has begun. You might point to debts and lawsuits, past delays and stupid or selfish management, but will anybody be listening?

Unless you are mighty creative, share price could get out of hand.

Trader THANKS! This is so full of detailed information. It solidifies a lot of the positive speculation.

The biggest jump will occur when dividends are actually paid, which is probably many months off. That's when CPRK joins the big league.

While your DD conclusions on the VALUE of CPRK are similar to mine, the PRICE of CPRK stock is not based on the sort of due diligence you do, but rather, is based on stockholders and potential stockholders believing, or at least being put in fear by the rumors on these boards. It's a shame CPRK management can't be involved in these boards, except that it would probably be a waste of their time and stockholders' investments to be constantly deflecting rumors, and might lead to all sorts of legal problems if they provide some answers and don't provide others or if their answers become out of date and thus inaccurate, and are not updated by some legally determined procedure. The fact is that this is a risky investment, and it would be wrong for management to try to persuade readers of this board that CPRK is a done deal. When they speak with dividends, investors witll start listening.

I'm sticking with the theory that the price of CPRK stock is an extraordinary opportunity for those who do their own DD, and otherwise, an odd bouncing-ball phenomenon, where investors will buy in when the price is higher, then sell when they read rumors.

INVESTORS' OPPORTUNITY TUESDAY. Judging from how the messages on the board have been dominated so far this weekend, and assuming this trend will continue, I suspect that some investors will become fearful by Tuesday and decide to sell. It'll be time to pick up diamonds in the rough.

Or better yet, for traders, if fear hits and there is a sell off tuesday morning, I bet savvy traders wil be able to buy up on the cheaps, then resell in the afternoon for good day trading profits.

That's the wonderful thing about rumors, both good and bad. They allow the traders to make a profit at the expense of those investors who are influenced by rumor.

Remember: Buy low sell high. Ignore rumors. IMO

Fairways,

I certainly agree with your assessment. Of particular note, you wrote:

"I’m sure it is MDs view that loyal long-term investors will be rewarded handsomely if they just trust him and be patient. I don’t think he cares a bit about any investors who are trying to trade this stock and seems unwilling to create trading opportunities by issuing press releases. "

This observation has profound significance to this board. It seems to be the attitude of many on this board that press releases are for the purpose of keeping traders informed, and any lack of press releases is to be interpreted as reflecting badly ono the company. As you point out, MD probably doesn't care about traders and intends to reward long-term investors, influencing short term stock price is probably not in his agenda.

Further, any intent on MD's part to provide PR's that might pump up the value of the stock artifically can bring about lawsuits involving insider trading if anybody benefits from knowing in advance that these announcements are coming, or if people are damaged by such announcements. IMO the lack of PR's is a key part of the agenda of CPRK's attorney to stay out of court.

It seems we have a pretty good idea of just where the company is from announcements of DD from participants like you and colorado. PR's have not added materially to what we know.

No way am I relaxing. Half the reason I bought in was for a wild ride. Rumors of end of the road lawsuits!!!! Rumors of concentrate already sold!!!! Rumors that everyone involved is slimy and corrupt. Rumors of my stock being worthless, rumors of it being worth 10x what I paid for it. No beef, just fantasy.

This is way better than those wild action adventure movies because I have a bet riding on the outcome.

You guys are incredible!!!!
Amazing what an incredible storehouse of stuff intrepid explorers can dig up when they work together!!!

Go COPPERKINGERS!!!!

RDG, WOW, a great announcement and seven out of eight responses were positive. Go stockholders!!!! Announcements on this board clearly do influence stock price.

At last, something that really makes sense!

wow! Great visit!

I'm not sure what a subway opinion is, but I reviewed his posts over the past several days and I don't think it will have anything to do with CPRK stock.

CPRK is a spectacular investment in my mind. Too bad it appears to be only you and me at this late hour.

Hang on for a few months. When CPRK gets its website up, with a message board, we will be able to have some real discussions. That will be the clearing house for real information.

HOnestly, I'm not a salmon swimming upstream. I like where we are. I'm scooping up as many shares as I can. For that, I benefit from the deletions. However it seems a lot like big brother.

I don't know about the con. Perhaps that was deleted. Please post again.

Correction. Dominate the board, bash, and watch the stock price drop.

Eyeamgame, your posts bring truth and reason to this board. Nice to have you as an assistant moderator!!!

ABIGHAMMER SAVE US. With you coordinating the discussion, I am confident we will get to the bottom of these rumors in no time! Well....On the other hand, it may drag on for a couple of weeks. But Truth will prevail.

Don't hold your breath. The last PR was in May and the one before was in March. PRs are like pulling teeth. It's nice to get them out, but it's still not satisfying.

I predict that we will not learn officially that we have hit 3000 tons per day before July 4! And we will probably never hear that the "trustee" issue was solved because management probably doesn't think it's important enough for one of their skimpy PR's. I think we will have at least all of June to buy up bargains.

I think Richard may have something there. The current asking price is clear up to .18, .3 cents above the settle price. The last time I noticed an ask that was substantially higher than the settle price, the price shot from 1 cent to 2.5 cents the next day. I think it means that sellers are hesitant to put their sell orders in in because they anticipate the possibility of a sudden increase in price.

Though without an "official" announcement that the trustee issue is resolved, I don't see such an increase.

Ally,

I agree with you.

ABIGHAMMER you are avoiding the qustion. Did you or anyone else you know hear about the "trustee debacle" anywhere but on this site?

I think the low volume today is totally due to the posts on this website. All except for the most daring of readers would buy with all the posts about iminent demise of CPRK due to the "trustee" issue. Management has already said that it is taken care of. It's probably just that attorneys take their sweet time squabbling about the most simple contracts. It is all these "trustee" posts which have driven the price of stock down by 10% over the last few days.