Empire-
I agree with you that management has dropped the ball in the past. But, removing all of MD's hats was a called for move by many investors for a long time. You have to applaud that move as a long time shareholder who is more than disappointed with year over year performance.
I know it's tough, but if you can wipe the slate clean and give this new regime time to clean up past messes, I think you'll be happier in the end. I would fully expect you to extend only a short leash and hold them accountable as this is the new jargon being used.
LTF - We have all heard about the 100M deal that has been in the works and close for years. You have to forget this was ever discussed since this was MD. It might happen soon, but I can only assume it wouldn't be the same package, etc, etc. The clock on LTF started March 17th.
Transparency - We just hired a CFO, that is an accountant, to go through the books, clean them up, and fully audit the current stance of the company. Once again, any past talk about how long it will take CPRK to become transparent has a starting date of March 17th, with a 2 week to 2 month timeframe. The carrot that was dangled out there by our initial filing with PinkSheets is a definite thorn in the side of new management, but should still be attributed to MD's reign.
Mill Output - Now this is one that you can hold current management to past management in a few ways as you know this was MD's final push to get the mill fully operational at correct levels. They have stated that the short term results are very promising and even exceeding expectations in some areas. These are new management comments that will haunt them if they aren't true.
I know it's tough to watch the PPS get shelled like this, but you have to believe that with any slight ray of light these shorters see, they are going to expose it. I mean, it's not real hard for experienced shorters to see the amount of volume and based on short term information, determine when buying periods will be low compared to buying on information. Crap, I have never flipped one share of this and I was certain there would be a big drop this morning as the Thursday & Tuesday radio shows and PR setup a gap in information. However, I still think more investors will be drawn to this and support will be had in the mid to high 4's as long as there isn't any further selling by the company.
Stay strong Empire!
VVV
