Replies to post #31625 on Copper King Mining Corporation fka CPRKQ

[SATELLITE]

Even just plain old dirt has a price, everything has a price, contact the IRS and see what price they have placed on the dirt, or the State of Utah, I can grant you they have a figure.

[Farmboynate]

more like if you told me about it and your crew is sitting on top of it with millions of dollars worth of equipment getting it out as we speak

and you have shown my the gold and silver coins to prove it as well as taken my diving to show me its there....
you just need to finish getting your equipment working right and need a mew more large shipping boats but your crew and main big boats are on top of it working on it at this very minute to get it all out

thats whats going on with copper king they have the claims there they are working to get it there they have done the test to show us its there they are just working on the equipment to get it working just right to get the $$$$$$$$ coming in .. and from I understand it is in sell able form they are just getting their machines twiqued to produce more and get even better sell able form

as well as that appraisal was for wucc claims

so if there is 40 billion in the ground and they have the machines that is getting it out and it take XXX amount to get it out then if someone was to buy out the company it would be for like 5-10 billion because there is 40 billion and takes 5 billion to get the 40 billion then if they bought out copper king for 5-20 billion then who ever was to buy them out would make a profit anyway

[Regulator78]

Lex an Nate--my family has been in the oil business for 35 years. We have extensive experience in both purchasing and leasing mineral rights. Typically, a lease has a term attached to it; however, if a discovery is made that lease becomes perfected, and permanent. Depending on how the lease is written, it can also be transferable.

[just-the-facts]

Lex, I respectfully disagree. I posted a link to an article on mining valuations and it basically said that a fair valuation of metals in the ground is approx 5-10% of value if proven/appraised. However, that being said, the pps doesn't reflect that yet...or maybe it does. $40m market cap w $50m in debt; $500m - $1B MIG. The pps is reflecting something extra other than mill value. jmo

jtf