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just-the-facts

12/07/08 9:32 AM

#17298 RE: Fairways18 #17297

F18, nice report but the ultimate question is: can you break 80?!

Patience, long term (strong) investors will be rewarded; that's always been my assessment. One things for sure, I'm amazed at the negative assessment of some that haven't even visited the mill or reviewed the compelling factual data that is available.... I wonder what their agenda might be? Oh, nevermind, I know.... glta

jtf
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RDG013

12/07/08 1:29 PM

#17299 RE: Fairways18 #17297

Fairway, thanks for the update. Dotson appears to be saying and doing everything right. We just need to hope he follows trough, which he appears to have done to this point.
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RDG013

12/07/08 3:21 PM

#17306 RE: Fairways18 #17297

Well,
"A few of the "nuggets" that we discussed include:

1) The company is working on a few deals that will improve the capital structure. This includes recovering a substantial number of shares. I asked about the Company increasing the authorized shares and was told that they have a plan to avoid that."


If the company does indeed follow thorugh on this, it could get very interesting. I am assuming that a good portion of any buyback would come from the long term financing. If CPRK really does intend on buying back a large sum of shares, this baby could go through the roof. Of course that is depending on the schedule for restricteds becoming freee trading, but as of right now, with only a 330M float, any serious buyback could put pressure on this stock to fly thorugh the roof.

Could get really fun very soon here.
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Joe Pinkston

12/09/08 5:14 PM

#17369 RE: Fairways18 #17297

I haven't been able to check the board in some time, sounds like there is some good solid activity brewing. One thing I wanted to comment on in one of the postings.

"Ore bodies in the land are not worth much unless you can process them efficiently."

I can say that this is not quite true. I for one have been involved in companies that are purely in the exploration stage and intend on staying there until the assets/discoveries are purchased. In fact I have a friend who owns part of a gold mine in New Mexico and he says "we will never mine the gold, that is how you loose money." With today's technology companies are able to get a very specific understanding as to what is going on under the ground. Combine this technology with core drilling and you have physical evidence of the size and magnitude. These minerals (copper, gold, silver, etc.) have a market value (the beauty of commodities) and that value is as solid as an appraisal on a home or real property. Exploration companies have a large benefit over a full blown mining operation, they have little to no overhead. As they continue to discover more reserves, their value goes up thus driving the share price up. Then when the big day comes to sell off the property or mineral rights, there is a massive payout to everyone. I would have to say that Copper King has many reserves they have yet to investigate, and all of this has value. Yes, the ultimate value is putting the ore into our economy, but minerals are still only as valuable as the market says the are worth, whether on surface or under ground. If Copper King has the reserves they claim, this is great news for its shareholders!