Replies to post #14579 on Copper King Mining Corporation fka CPRKQ

[eyeamgame]

JTF I am a speculative trader.

I figure we are worth at least .32 simply in relation to other mining stocks trading.
SFEG is trading at .63 and they are still far from production last I checked.

I figure 120 Mil annual revenues could yield as much as 40 Mil after expenses and taxes. This is a conservative figure IMHO and does not take into account and losses carried forward which should be significant for a company who is coming out of the exploration and development stage.

If 190 Bil shares are issued and O/S with net earnings of 40 Mil that would be a return of .02.

I have not applied a price earnings multiplier, I simply assigned a realistic value in my opinion.

I in know way believe .32 is the high I am projecting it as a low if projected Revenues and Production targets are met but mostly simply as a start of production and revenue.

I fully believe .85 is possible and I also believe that results can also be better than my expectations.

As a buy out candidate we could be worth well into several dollars.

I expect .32 as soon as we get producing and meeting targets. I would like to see it in Aug but it will more likely be in Sept or Oct.

I do expect a near term rise when Short Term financing is arranged if it is favourable with little to no dilution.

In short I expect between .32 as we start production and up to .85 if revenue targets are met or exceeded.

We should have losses to carry forward so it is possible to exceed my expectations.

I will continue to reevaluate as we go forward.

Be glad to hear your thoughts JTF, I would be glad to hit either of our targets.

eye