Copper King Mining Corporation fka CPRKQ

[FFF]

JTF,

I agree. If the company is going to be aggressive in buying back stock, they would actually benefit from a lower stock price - and staying pink for a while could actually help that. They had to issue a lot of shares to raise the capital to complete the mill and this caused a lot of inside shareholders to have a lesser percentage of ownership of the company. I would think that Dotson and any other insider shareholders would love to see an aggressive buy back program that would strengthen their ownership percentage in the company. Giving up dividends to buy back stock in the short term could be very beneficial to shareholders in the long run.

I don't know if the long term plan is to keep the company or to try and sell it, but if it ever does get sold the sale price per share would be much higher if they could significantly reduce the number of outstanding shares.