Copper King Mining Corporation fka CPRKQ

[Fairways18]

FFF,

Great summary.....one more point.

I find it very interesting that PN offers extensions for several years and then stops playing nice just as the mill is almost finished. If the judge simply looks at both side's intent, it is clear that CPRK has done everything within their power (no pun intended), to get this mill into production. This was never more evident than the past 18 months since the contact was signed with PN.

Hard to think PN's intent has been honorable if they were willing to cut WUCC a break for several years and then they put the hammer down just when WUCC proves up reserves and builds a complex mill.

I do not believe the intent is to steal the land back as it is a long shot at best that a judge would be so accommodating. Rather, I see it as an attempt to extort a better deal with WUCC.

I would not be too upset if this is settled by WUCC by increasing the maximum royality amount by 50% to $15 million. While $5 million seems like a lot right now, we have to remember that it will only be 1%-2% of the revenues. If CPRK has to pay PN $15 mil it means they have sold at least $750 milion of their product and we will all be very wealthy shareholders.

F18