InvestorsHub Logo
Followers 1
Posts 387
Boards Moderated 0
Alias Born 06/16/2009

Re: RDG013 post# 51717

Wednesday, 01/20/2010 12:47:53 PM

Wednesday, January 20, 2010 12:47:53 PM

Post# of 83044
That very well could be true, but it's also a very negative event to publish. Obviously it takes quite a while to get one of these agreements done and if they would have PR'd right away, it might have built short term confidence that CPRK was not at fault, but the length and frustration the investors would have felt about how long it was taking to get another buyer might have been worse in the long run.

Just imagine if they would have PR'd this, whether it be one or many PR's.

"CPRK severs CuCon purchasing agreement with RBS Sempra due to many issues not relating to the shipping schedule, tonnage, or %'s of metal in the copper concentrate. CPRK is actively persuing several avenues in order to secure a new, long term buyer. Any interim agreement will use the stockpile of CuCon, not newly milled CuCon as the mill is currently not producing as we install and implement the floatation cells.

As stated previously, CPRK is still in a "soft start" operational mode. These issues will be addressed and solved as is normal during a soft start."

You don't think the skeptics, shorters, naked shorters, conspiracy theorists and others would be all over this??? Eventually, with no more good news to follow, even us longs would be beaten down by the negativity this would create, regardless of how it was spun when PR'd? There are quite a few that would have sold right away...

But, you have a valid argument and there are probably better ways to handle what they are going through. However, Charles mentioned that he'll go back on the Bill Chippas show when he has positive info to share. I think that says it all. We would still be waiting for the uplifting PR to get us back on track. But there wouldn't have been one...

Think of it this way. The RBS agreement really never took hold and never produced anything tangible for CPRK. But the next one will. We have never felt the steady stream of profits or have any clue how many positive PR's CPRK will issue when things are operating smothly. This is part of the faith that needs to drive your investment. Consistent PR would only be hampering CPRK at this point.

Have faith that you invested an amount you are willing to lose, as with any investment, and that CPRK will continue hurdling the many issues they are experiencing!

VVV

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.