Copper King Mining Corporation fka CPRKQ

[Fairways18]

All this gloom and doom about cprk going private is perplexing to me. I would think any board of directors worth their salt would be giddy at the possibility of taking their significantly undervalued company private. However, this move only works when shareholders feel that the buyout price is fair and that only usually works when the company is so toxic that people are happy to get whatever they can.

Yes, they could try to do so at today's market prices with a RS but that would land them all into a lawsuit faster than web can say "MD is a liar" and likely cause them more problems than it would be worth. If the board is considering this, I applaud them for keeping their eyes wide open even if I highly doubt it will come to fruition.

If they have looked into this strategy, it just makes me much more comfortable in my own estimates of the valuation of the company and makes me less worried about today's pps.

F18