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Re: CopperKen post# 62931

Monday, 04/19/2010 6:01:44 PM

Monday, April 19, 2010 6:01:44 PM

Post# of 83046
"We are too far along to fail"

I've started to followed this stock recently, and I don't understand the following that it has. Everyone that posts on here seem to me like they are wishful thinking out loud. Like it is some kind of support group. Maybe because the price is cheap you all loaded up and want that big pop for that quick-rich scheme?

The one thing I do know is the farther along you are the easier to is to fail, especially when you don't have anything working. Sorry, but this is a reality check. The deck is stacked against you. The mill isn't working, the State of Utah doesn't want it working (yet), the brokerages are against you, the MM are against you. Assuming that you got Utah's approval, the mill running, you're still 3 months out from profits. You all want more visibility, but these things happen at the speed of business.

Just because the stock is cheap ($/share) does not mean its a sure thing. It just means there's a ton of shares or no value, or both. I'm leaning towards that last one. Regardless of what the arm-chair investor wants, this will pop only after the mill is running, and the MM go long. Until then, it is sit back, buy 100,000 at a time with the change you find in the couch and wait for the MM to move. If it goes under, then well you're only out a car payment. If you've got more than a car payment into it, then you must have some interesting risk tables...A company that isn't working, that isn't approved to work, that has amount of short interest, that is out of compliance, that has lawsuits against it... Some of those are just paper. But there's more than one elephant in the room.

Can someone please explain all the enthusiasm?
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