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On2them

02/15/09 10:48 AM

#18507 RE: just-the-facts #18506

Copper King signed a contract with Kataman Metals that was announced about a year ago. One would need to know what 'irrevocable' means here. They're talking concentrate for payment here. Kataman has their own web site, of course, so you can find that easily enough.

How does this agree (or not) with what you folks have heard when visiting the mill? The Reuters article ends with a 'hot button' name but I won't get into that. Others might comment.

Note: This is a year old - last February. Don't mistake it for being new news!

http://www.reuters.com/article/idUS132188+05-Feb-2008+BW20080205

"SALT LAKE CITY--(Business Wire)--
Copper King Mining Corporation (Pink Sheets: CPRK) is pleased to
announce that Kataman Metals of St. Louis, Missouri has provided an
irrevocable purchase order for the life of the mine to purchase all
metals produced at the mine. Kataman will direct where to ship the
concentrate for refinement. Payment can be made on verification of
shipment. Kataman has been in business for over 15 years and is a
large company that purchases metal production from nearly all big
producers."