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ABIGIDIOT

08/04/09 12:48 PM

#29935 RE: Farmboynate #29934

i'd say a 57 million debt load, with very limited revenues, which are allocated to a small portion of debt

would be construed as a verrrrrrrrrrrrrrrrrrrrrry high risk, right in line with 99% of otcbb issues.

they have no revenue from anywhere, other than the limited mag sales.

and certainly, no LT financing. thats a rather material issue, which would need to be PR'd. so.. non-existent, certainly.

stoinky

08/04/09 12:49 PM

#29936 RE: Farmboynate #29934

Nate,

I am coming from a lender's point of view not investor.
high risk profile.. start up !

ATTCHEEW

08/04/09 12:49 PM

#29937 RE: Farmboynate #29934

I AGREE WITH YOU FARMBOY! AND I HOPE WE ARE RIGHT!

ABIGIDIOT

08/04/09 12:52 PM

#29940 RE: Farmboynate #29934

the only place copper king is running is downhill. without any sale of concentrate, expect the decline to worsen proportionately.

3 mos: down 55%

1 yr: down 85%


hows that working out?