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FFF

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Posts 690
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Alias Born 10/13/2008

FFF

Re: CopperKen post# 45108

Friday, 12/04/2009 3:36:01 PM

Friday, December 04, 2009 3:36:01 PM

Post# of 83050
CK,

Yes, hang in there. I think we are still in for good things. It is just taking longer than everyone (including me) thought it would. I have been invested in CPRK for a year now, and I do get frustrated at times. But I know they are working hard at getting this thing right. Immediate and Long Term financing are being negotiated (still!) and progress has been made. It may be that something on financing could be in the next PR. I do not know what news will be in the PR's, but I have heard that some exciting developments are going on with regards to the financing discussions right now.

Also, A great PR would be nice, but do you really think it will have a big impact on the share price at this time? Maybe it gets us over $.01 or over $.02, but that is not what most of us longs are looking for. I don't think CPRK will see real movement in the pps until they are fully reporting, are Pink compliant, and show 2-4 consecutive quarters of profit, or that they are on the path to profitability. Couple that with LTF and the retirement of 1-2B shares (per Fairways18) that are tied to short term loans, and this has the chance of becoming the stock we all want it to be - Well, that MOST of us want it to be! And as some posters have stated, maybe we don't want CPRK to publish their financials right now. I am sure they don't look too good yet. Once they have a good story to tell with their financials, then I will want to see them published. I don't know how any good can come from publishing a financial statement that says we have no money and we are still losing money. I have heard that they are still working on getting their past financials up to speed. And my guess is that once they are completed, management and the BOD will evaluate if the timing is right to release them.

I believe that the past missed target dates and promises from PR's were the result of the high expectations from people at CPRK. And I am sure many of these high expectations were created from MD's enthusiasm. But many of the insiders (and us investors!) are coming to understand that there are so many components in getting this working, and as much as we may not like it, that it just takes what it takes and no one really has control over it. It is a trial and error process and they are getting there. Hopefully, this new understanding and attitude will be reflected in the quality of their future PR's. CPRK is producing CuCon everyday right now and the quality is improving a lot. They are also producing a lot of magnetite, which seems to be often overlooked on this board.

All IMO.

FFF
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