Lazy, I'll try to answer your posts specifically this one. You state that I haven't posted facts or at least what I assume to be facts. Fact is you're not factual. In my first post I was clear...I'll state facts and also opinions / estimations which I try to carefully differentiate in my posts. I believe I've done this so far.
FACTS (previously stated in prior posts)
-I'm an accredited investor of WUCC
-I'm not an insider; just a key investor (don't know how to prove to you)
-I do own 13.5m shares; no sales (can prove through broker statements and stock certificates; willing to show without compromising my privacy)
-Visted mill twice - Sept 07; April 08
-Met and talked to key people; including WB (BTW, he misrepresented in a mtg w WUCC shareholders I attended in which he stated CPRK float was just over 10m shares; later proven to be 60m through transfer agent)
-WUCC started operations in 2001
-WUCC currently employees 60 (some are key respected geologists and mining personal from other large mining co.)
-WUCC was privately held w 94m shr until merger
-Key investors; Southworth Company and former principal of large captial investment company; there are others too
-Independant appraisal of $20b (I have 116 page copy; will post summary pages if you'll tell me how through chat room)
-Hatch Engineering did feasibility report, know project
-$40m in equipment / infastructure to date
-Need $5m-$10m to finish mill
-History of Milford Mineral District (BTW, research Frisco, UT history; within miles of WUCC pits)
-Currently in discussions for long term financing (hard to prove so I'll concede this to you; but very obivious)
-CPRK owned 2000 acre Drum Mtn / WUCC owns 100,000 acres
-WB is a promoter / bad decision for WUCC to go that direction
-Approx 325m o/s for CPRK
-WUCC is financing operations w sale of RESTRICTED stock (let me know if you're interested and I'll get you in touch!! Probably won't take me up on that offer!!)
-Insiders own 80% of stock / NEW FACT: 15% is owned by others; 95%+ is restricted (hard to prove; I'll concede this to you)
-O/S increase to 1.8b was due to merger / WUCC 16:1 (could increase slightly)
-Valuation article- I'll post (was not my opinion but authors - I just applied articles val. models to WUCC situation. BTW, there was a third valuation model of cash flow which I didn't reference to since WUCC doesn't have current cash flow. Article also said future exploration/most successful new mines are NEAR proven reserves/mines)
-CPRK is non-reporting pinky
-CPRK brought w merger public pain to WUCC...
-Valuation pre-merger / post-merger numbers of stock
Are these not facts...or proven truths as you call them (btw, whats the diff)?
Opinions/Estimations (stated in prior emails)
-WB is out (will be proven a fact..)
-WUCC merger w CPRK very bad decision...key people will admit that now
-CPRK shareholders better off now than before / WUCC worse off
-$150,000,000 future profit potential (from company pro-forma)
-P/E muliple valuation of $1.50 / Tonage valuation of $1 (from article which I'll post)
-Company will consider reverse split upon rev/profits
-Company will stay with A/S of 2.5B
-Company has minerals / will get financing / has significant upside rev/profit potential (BTW, i'll post later about proven mineral reserves etc)
Please let me know where I'm inaccurate and I'll try to correct. BTW, I challenge you to post to forum why you post / position in CPRK (I think its obvious though)..I post because I want to; why not, get info out, correct misinfo if possible....it seems to me as long as longs get scrutinized and accused of hype, pump (rightly so); shouldn't that go for shorts as well?!
Good luck... and I'll accept your respectful challenges to my info...just won't respond to personal attacks..I'll respond to your other posts item by item.
BTW, other info...WB was never in charge; I've invested approx 5% of my net worth in WUCC (my comfort range; sorry its not yours); please remember I orginally invested in a privately held company (WUCC) not a pinky...I knew what the increase in shares would be before you knew; I'll have to deal with change in WUCC (pinky) status; if I'm wrong so be it; lose money and go make some more (won't be first time but I assure you I've made money in many deals/stocks/businesses); sorry you think my posts are pomp and circumstance...btw, just learned of forum 3 weeks ago.
JTF
AI
