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stoinky

08/14/09 8:17 PM

#31562 RE: ABIGIDIOT #31558

Being in the business, #1 criteria, ability to repay the loan.
Yes, we have a huge asset in the ground, a managment team that has poorly managed the entire business plan,,ie Execution.
Just because we have an asset in the ground, does not mean a lender is willing to lend funds. I do understand this business abit.

lexion585

08/14/09 8:17 PM

#31563 RE: ABIGIDIOT #31558

AND im sure lending of this magnitude would require somewhat audited financials.......wouldn't you say?

RDG013

08/14/09 10:50 PM

#31596 RE: ABIGIDIOT #31558

Big buddy, come sit on my knee and we can talk about financing!

Of course a reasonable LT financing deal is out of reach right now due to the economy in generaly and CPRK at this time not having regurlar revenue streams. Now you may not like this, but you should undertand. If in fact CPRk proves that they can deliver concentrate on a regular basis, that big bad wolf huffing and puffing at our front door will be blown over!