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Re: diggeninthedirt post# 53493

Wednesday, 02/03/2010 11:21:56 AM

Wednesday, February 03, 2010 11:21:56 AM

Post# of 83044
There was one glaring detail during Rich's videos that I haven't seen discussed, but I haven't read all the posts either.

I want to preface this with the fact that anyone who reads this board knows I am OPTIMISTIC, LONG, and haven't sold a share...

That said...

Walt mentioned very blatantly in a couple of the videos that the CuCon drying process is especially hard on production in the WINTER because of the inconsistency of the moisture content. Too moist...smelter penalties, too dry...blows all over the road as it's being shipped.

My point for bringing this up:
If you are in as much of a financial crunch as CPRK is right now and can't produce saleable concentrate in the wintertime (mill not running) to make money, you have to temporarily lay people off, cut benefits, cut every cost possible, etc. (This doesn't mean paychecks should be bounced and family dinners missed! That is completely unacceptable and I feel for our workers.)

I simply wanted to provide a little perspective (based on Rich's DD) on the mill being down, workers being laid off, etc. I believe that finding a buyer of our concentrate is proving more difficult given this MAJOR flaw in our mill. Only being viable 3 seasons a year would make current negotiations very difficult.

You say: But all we need is money to improve the wintertime drying and we'll be fine, right? True, but it's WINTERTIME and an upfront loan would have to be worked into the deal with the buyer if they were even willing to be the financier of this one issue!

Of course, this is my opinion and only based on video we can all watch. I hope I am dead wrong, but it seems to be a pretty easy couple dots to connect.

Pissed I had to write this!
VVV

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