Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Could be July 2016...could be July 2017. 3-6 months has turned into 3-6 years. Lee is still coordinating with the State of Nevada to UP the authorized share count from 10 million to 100 million. Per the POR, It has been just over 3 years since the bankruptcy so no majority shareholder vote needed or required...
Nothing to talk about here.
Have not heard anything from ChuckD in some time, would like to hear what he has to say about the lack of trading. The company said back in June 2013 it would be 3-6 months max, we are closer to 3 years. Either these fellas LIED to us or they have no idea what they are doing...not sure which scenario is worse.
Thanks for the reply Chuck. Just to clarify, do the last two years of financials need to be completed in order for us to start trading? I ask because that is something Lee has said in the past. Maybe that has changed? Thanks
Chuck, does that include financials from the beginning to include 2015?
That's what Lee and the gang said in early December, he also said almost three years ago this stock would be trading within 3 months max. That was June 2013. They have said a whole lot of things: Bunker Hill, Crescent Mine, Al Mahal, 100 million plus tax carry forward, issue of CPRK shares, quarterly ESF statements, ore shipment, etc. Don't believe much if anything these guys tell you. Probably about time to question EVERYTHING. JMO
Chuck, I think we are way overdue for a conference call. Tough questions and honest answers on where we stand. Q&A on money, tax, project(s), revenue, trading, assets, liabilities etc. We have gone from 3 months to trade CPRK publicly to over 2 years. I think we need to get all the players together on one platform and discuss ESF and Copper King.
EXCELLENT update Lee...straight forward, clear, and concise! For the negative commenters out there:
MANAGEMENT does not take a salary. (could you survive on that)
ALL the money post BK has been supplied by MANAGEMENT or a few 100 shareholders. (multi millions +++++)
REGULATION, REGULATION, REGULATION!
Now, please leave these guys (management) alone so they may continue to create value and give us our best chance post BK. Personally, I am VERY, VERY, VERY Thankful for all their hard work and dedication. PERSISTENCE!!!
I would gladly take 1.00/share for my shares pre-split! I have no issues if the new shares are delayed 6mos-1 year if we can drown the rats, banksters, and thiefs that have destroyed this stock. Fight the fight Lee and Chuck. Lets hold the crooks accountable.
I talked to Ameritrade today and they deferred to the transfer agent. Ameritrade has no information on new cusip number,ticker symbol, or issuance of shares. Sounds like we are waiting on government agencies. Fwiw
ChuckD...any information on the judge signing the appropriate documents and our official exit from BK? Also, have the negotiations been completed with funds to exit? TIA
Good morning CPRK(Q)...lets get the board going again. Lots going on behind the scenes, can't wait for the first PR. No more lawyers, judges, or Bankruptcy to deal with. Bright future ahead for this great company! Thanks to our new board of dir.
Chuck, is anybody working on updating the ihub board? If needed, I can help...
Obvious that u have absolutely no idea what your talking about...maybe u should listen in to the numerous conference calls this week and educate yourself.
ChuckD
"The total financing is for up to $871 Million with $ 271 Million going into the new project over the next couple of years.
What is/will the additional 600 million be used for? Future projects? Also, any predictions on yearly revenue for the new project? TIA
V/R
Should we expect an update today? thanks
Production
When completed and fully operational, the Company’s flotation mill is expects to extract the
following:
1. Over five years of full operations, Copper King is projected to extract:
• 230,200,000 pounds of copper
• 115,100 ounces of gold
• 11,510,000 ounces of silver
2. Based upon current market prices as of February, 2010, the value of these
minerals would be:
• $886,270,000 copper
• $115,100,000 gold
• $211,668,900 silver
5 YEAR TOTAL 1,213,038,900
Correct me if I'm wrong but, CPRK is projecting 63 Tons/day of copper? That would be around 190 tons 33% cucon?
WOW...hope we can get there!
I emailed charles this morning and he responded within an hour. I asked for an update on the mill and PS compliance. CAM replied that he expects both would be accomplished this week...mill restart and PS compliance. Cheers
Thanks FFF...I always respect and appreciate your information!
Excellent point! Would you happen to know if the employees have been called back or if the ore is being crushed? Either way, should be a better week for CPRK with PS compliance and mill re-start...hope for the best.
FFF, do you have any information to support your opinion of the mill not coming on line by Monday? Last information from CAM is the upgrades are near completion and progress at the mill is on-time. Do any locals know if all employees have been called back for the restart? Thanks
The mill is waiting parts and a conservative estimate would be next Monday. Hopefully, we hear about the PS compliance within a couple days and the removal of CPRK's stop sign.
Maybe? Can anyone help me out here...LOL. Can the company use those 350 million shares for a sharebacked loan? When revenue allows or financing is secured those shares will go back to the treasury and be retired? Not sure...
Hi Ally! I do believe it is very odd and there is no way for me to prove that the shares are being sold resticted other than what the company is saying. I do trust that CAM knows and is telling the truth. Unfortunetly, if we do not obtain financing in the near future, we will see more shares coming off restriction and diluting the float (IMO). Whats your thoughts on the exact same increases? Cheers
The 1 billion added to the A/S is being sold with restriction.
Shareholders are only able to trade the float...with that said, the float was increased this month by about 400 million and those shares would have come off restriction from last year. IMO, if we can get LTF/STF we would see the A/S reduced dramatically with the pay-off of debt and share backed loans.
Talked with CAM
The one billion shares added to the A/S are restricted and won't come into the float for a year. The only shares that could be sold into the float are those that come off restriction from last year.
The 39 page document for PS compliance should be going through within a couple days and will get the stop sign removed and show PS Limited Information (No financials until second quarter). The paperwork will be uploaded shortly. Possible shareholder note this weekend with update!
Charles has a new contact for the DTC issue and is moving forward!
The mill parts will be in next week and the start-up WILL happen shortly after the installation.
Looks like we have some support at .0019 for now...hope it holds!
I also contacted them, said call back later today. I thought they may still be counting all the shares added today. What a sad stock we have here.
Anybody here have a background in corporate finance? What percent of ownwership (shares) would a bank want to offer LTF? Just hoping fot the best...Thanks
As of yesterday 4 p.m. local the mill was not up and running. FWIW
Thanks for the clarrification! It was hard to hear exactly what was said with the mill noise. It's good to hear there is interest in the mill for a possible buyout! Thanks
Thanks Rich, I really enjoyed the videos and I very much appreciate your efforts to document the tour! A couple questions, towards the end of the fifth video there is talk about a China group coming in and making an offer for the mill...is that what the discussion was about? Also, something was said about Kennecott, do you remember the conversation? Thanks for everything! I may call Charles next week to set a visit up for the last part of February! Cheers
.75oz/ton Gold!!!!
Copper Ranch
o Drilling equipment seen in the video near beginning and later on is exploring this area.
o Expected to be 5x’s larger than Hidden Treasure.
o % Cu is expected to be between 6 to 16%.
Them are some very impressive numbers! Thanks Richwaters!
We may not hear any info until tomorrow...he probably wants to add to his share count before he announces all the great details. Or, he asked to many serious questions and demanded answers before leaving (arrested) and sits in the local Milford jail! Take your pick
Richwaters, here are a couple questions that I have:
1. Is the mill up and running 24-7
2. How may employees do they currently have
3. Have the updates been completed
4. What is the copper, gold, and silver percentage and output with the upgrades
6. How many tons/day of rock is the mill running through
7. LTF/STF
8. Shareholder meeting
Thanks!
Glockist, any updates from the Milford area? Thanks
Thanks for everything Regulator! Look forward to hearing from you in the future. Wish you the best!
Evening Regulator...
Yanik, I think we all would like to see some green for a change. I have been here over a year waiting to have a nice healthy movement on our stock price. But, I have to admit that I don't see this ending good for us. Reg78 had some valid points today about our anticipated bridge loan. I hope for the best for all of us! Good luck!
Thanks Reg!