This discussion about dilution vs. financed and the $60M mill, buildings, equipment, etc., is nice and adds to the number of posts for CPRK on this board.
The problem remains that if your questions are answered, you are still left with more questions.
That is why it is so important for CPRK to give out their financial statements:
____________ $ Assets
____________ $ Liabilities
____________ $ Owners Equity
____________ $ Revenue (Q or M)
____________ $ Expenses (Q or M)
____________ $ Income (Q or M)
____________ $ Cash/Liquid Assets on hand
____________ $ Cash/Liq. Assets on hand last Q or M
If you don't believe me, just keep giving CPRK and CM an invite/excuse to issue the next big PR that says, (please note that the following is a fictitious example for discussion only):
Copper King Discloses that Mill was financed 54% by dilution and 46% by stock-backed and other short-term loans. MD said that "this disclosure answers a lot of the needed transparency mentioned by independent analysts such as the Caesars report." (this is a fictitious example PR for discussion only)
How happy would you all be if that were a PR? Probably about as happy as we usually are when CPRK lets us know that they have determined that it is colder at night than it is in the mountains.
I don't want more PRs. I'd just like to see some production and financial disclosures. Here is another prediction I have for a CPRK PR in the near term: CPRK is getting ready to ship another 175 tons of copper concentrate after a recent shipping campaign where a truck was sent out each day, accompanied by another truck to follow the truck shipment to the undisclosed smelter.
GLTA longs tomorrow
AI
