Replies to post #18909 on Copper King Mining Corporation fka CPRKQ

[richard the Realtor]

I am more interested in watching the price of copper go up. That is going to effect this stock sooner than any of us thought!!!

[Fairways18]

Oh....one more thing....Based on my proforma calculations, every .10 change in Copper prices results in about $2 million additional annual profit for CPRK after taxes. Today, copper is up about .10.

At a PE multiple of 20 and 2.5 billion o/s shares, every .10 increase in copper prices would be worth $.016 in share price.

F18

[INA]

IMO, today's trading is due to folks taking profits from CPRK and dumping them into the general market. The general markets are very oversold and due for a rally even if it is a bear rally. I think the money will return home once the general market rally fizzles and CPRK starts producing cash flow if not much sooner

I am not worried about the trading price.I want it to go lower and I am expecting it to touch 0.022 before jumping back up.This stock like I have said is becoming very predictable.