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Tuesday, 03/09/2010 7:20:15 PM

Tuesday, March 09, 2010 7:20:15 PM

Post# of 83046
Just listened to the interview with CAM again. For those of you who haven’t heard it yet, you can find it here:

http://www.themarketfinancial.com/copper-king-moves-towards-transparency-and-discusses-upgrades-and-restart-of-mill/1787

Here is my opinion...

There are several points I found very interesting, but the overall feeling I am left with is very positive. The bottom line here is that once we are producing and selling concentrate, the game changes. With consistent revenue coming so many options will be opened up that can dramatically increase the future PPS.

We have heard many times that based on our proven reserves (billions of dollars in copper, gold, silver, and magnetite in the ground), we can run mining operations for 80 years at the current mill capacity. With the profit we will soon produce, we can expand exploration, expand the capacity of the mill even further, buy back shares (CAM mentions in interview), retire share-backed loans (either when LTF is secured, or profits are used to buy back shares), and the list goes on.

In 12 - 24 months we will have a mine producing millions in profit every week, and a capital structure with far fewer OS than we see today. I am hoping to reach my full position within the next week, and will then watch with eagerness to see what unfolds...
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