I think you're right. This doesn't bode well for us.
"We're going to get the mining facilities operating profitability," said Byran, chief executive of The Watley Group, a Los Angeles-based bankruptcy specialist. "We take over enterprises and move quickly without a lot of the emotional baggage and a lot of problems the incumbents might have had."
Copper King shareholders "are going to take the biggest haircut," said Charles A. Moskowitz, the company's investor-relations manager — a hired contractor who says he's owed more than $60,000 for his services.
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