Replies to post #35183 on Copper King Mining Corporation fka CPRKQ

[ABIGIDIOT]

in other words lexion585, what you are illustrating to richwaters is, if the trustee auction goes thru,

or we dont get LT financing by that date, CPRK is going to go down the toilet.

but, there is one other alternative for Dotson/management, prior to that 10/9 date:

file Chapter 11 B/K, which, would stave off the sale date.

i really hope he doesnt, but, the way the shareprice is responding yesterday, and thus far today, it seems that investors, both current and potential are a bit worried about that LT financing.

hhhmmm... seems we have a quagmire now. it pretty much revolves around LT financing. if we dont have it, either the sale goes thru, or, we file Chapter 11.

well, i hope those "foreign" visitors were financeers that dont understand Dotsons management style, and think hes doing a heck of a job !!!!!!!!!!!!!!! then we have a chance !!!

[rickjames2009]

From what i've heard, MD signed a lot of notes like this one with terms that started charging a point a day after maturity. Anything to get the money. Kind of like all the BS i was fed when i visited. "Oh we're definately going to have dividends. Probably by this summer. Now where's your check?" Chapter 11 will save the mine and restructure all these outragous loans MD has signed. Cant wait!