That means we have about 25 mil of cash after starting mining as long as there will be substantial income
Thanks Chuck

I got my shares as well
It's 1:1856
No projections
Estimated 1-5 $
Most likely is based on open mining project income and 25 mil of NOL
My guess 1.5$

Thank you
Etrade CS have confirmed finally that shares will be posted within couple of days
Chuck you are the man

Hi
I called transfer agent to get my e trade shares. I spoke to Kim
She told me that info was sent to etrade on oct 14. When I asked her to call etrade she refused stating that I need to call them. I have been calling etrade for two weeks and they told me every time that they don't have any information regarding new shares. I'd like to ask everybody who have etrade account to do the same. Maybe if more people would call will get the shares faster.
Wes

I would be Lee I would make sure you never will get any shares
JMO

The best penalty will be to take his shares and redistribute to shareholders based on their shares numbers
After split it would be 107000 shares and do not negotiate anything for md since either prison or nothing
Jmo

You have right to be wrong
Hopefully when going to be proved wrong you'll admit that others were right.

That's even better
Thanks

50 NOL translates to 16.5 m at tax rate of 33% or 17.5 m at 35% tax rate

50 NOL translates to 16.5 m at tax rate of 33%

50-75 m NOL
1% of CS
So new share should be between 1.87-2.75 based on my calculations

It does not matter what is tight, what matters is that we are still in,
Time will show

Since Obama won gold may be going up in near future.
Good for gold miners
Wes

Chuck
something is wrong with these accountants if they take them 5 months to calculate losses that should take 5 minutes

As long as there is a bankrupcy protection by US laws there are going to be countless of cases like cprkq. Law protects crooks not common taxpayers. Opportunity creates criminals. If bk law would be more drastic with consequencies of losing personal properties there would be less crooks out there.

Do you have proofs that new bod are working against shareholders

What is so hard for you to understand the adding or division
fact is that there is over 60 m carry loss
fact is we have 6 b shares
not known are number of shares that going to be retired
not known is how much nol is going to be worth, or negotiated
.003 represents 30% of nol with 6 b shares

Did you expect lawyers would work for free. Our attorneys fees were small comparing to watley's.
I feel sorry for for those with poor spirit people who didnt donated and complain all the time.

Lets not cry over spilled milk, rather concentrate on current issues. I think it is more important to evaluate any potentials and daggers that we facing then deliberate about scammers. It would not bring shares up by creating distrust in new bod.

You can only claim 3000 a year on tax return as a loss.
I am safe with my losses for the next 10 years so cprkq is not in my plan to sell. I can wait

Any news from court today

The horse is not dead, it is in self induced coma

It does not matter unless you have only 99 shares cause you end up with 0.
But if you have 101 you'll get 1

When do you expect por to be ready estimating earliest and latest possibility
Wes

I agree 100%

Jb would selll us for a penny on a dollar investment if it wasnt for bod intervention. If jb is helpful tight now it is strictly a business decision for himself and pressure from bod.

After reading the update a few things are unclear.
What is dip needed for if we have no assets. It seeems that money are needed for filing por and to pay jb.
What litigations are they talking about.
Early 2012 may be in May.

Jb knew from beginning that cprk has value thats why he tried to foreclose for 7 m. If it wasnt for cprksa he would succed. Cs would not invest knowing that milford would Not be very profitable. So when some posters claim there is no copper, gold there they have intentions usually going for profits and not for caise of beeing nice to the rest of the shs.

That is biased opinion based on assumption
I would go with Candy opinion

Best scenario
65 m tax
5 m shell
=
70 m
divided by 5 b shares
=
0.014 pps
+
1% of cs
=
0.015 pps

My calculations reveal in the worst scenario 0.003 and in best 0.015

Nether has promoted more then 30 other stocks that are worthless at this time. I guess thats how he makes money.

If this scenario plays as you have outlined then you shuld include 1% of cs + 2% of warrant that is an additional .0008
then you are a genius
tks

As you said we should hear their gratitude from opportunity, and there is an absolute silence.

It is ok to gamble when you have chances to win and a lot of chips. But even most trusted bod have nothing on table to even start the game. It is hard to win when you have 1$ against milions. What else could you expect from por. Sad very sad.

J4p
What do you think about empire bying all secure debts for 15m then cs buys empire debts for????
110 milions were paid for wuc

So what the heck happened with these millions if secure debt was only 15 m
Pr states cprk receives cash, 1% of cs, and 2% warrant
It seems to me scammy

From what i read it is very obvious that we end up debt free and will get maximum of .0008 a share for start unless there is some more which was not revealed to us. It is better then zero but who is going to buy 6 b shares that nobody wanted. So we'll end up with .0003 or less. What a deal.

You right Rich about company existence with all shareholders. But i dont think so this marriage is good for both parties. Cprk has no assets and shareholders have no more money to invest. So if anyome besides web have any idea how por could be beneficial for shs please share
Tks

Por should be ready months ago, why delaying after apa closed. What i dont get it it is all these other things that we are not allowed to see. Always the secrets, delays, and surprises that we have to deal with.

I am afraid that Chuck's silence is not a good prediction of shs future. Chuck was always very positive about outcome of bk. New month hopefully December to remember.