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trueblue

10/15/09 5:18 PM

#38023 RE: private_wealth #38019

The one thing people forget is it hasn't been overnight, it's been years of work. To anyone now looking at it they may think it all happens in no time. Which would be wrong thinking. The share structure also could change rapidly? I guess time will tell all of us. Twenty years really isn't get rich quick in my thinking? Just my thoughts.
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Fairways18

10/15/09 5:28 PM

#38025 RE: private_wealth #38019

I never said it would go up 100 times in a short period of time. Nor an I saying I'm holding my investment until it hits that pps.

What I am saying is that 100 years ago Kennecott had a very small valuation and I anytime I want I can look out my window and see what happened. I believe the ore is there. I agree it will be fun to see if they can get it out efficiently.

However, to say they don't have the potential to grow to a $4.4 billion dollar company is ignorant of all the companies that at one time were just like cprk that have already done it.

Frankly, I am not planning on it hitting $1 share or anything close to that. I'll be quite happy for much less.

F18

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Farmboynate

10/15/09 5:53 PM

#38027 RE: private_wealth #38019

I think the company should be valued at min 500 million now and once the new plant comes online I could see it valued at easy 3-4 billion dollars
really full production 50 million gross profit a year would only take a few years to pay off debt and start other mines up and grow really rappedly fast I think now that they are getting $$$ coming in its only up hill from here
I could see 1.00 -2.00 easy with in 1-2 years from now !
I think one day we will all look back and say wow I can't believe we bought this at around 1 cent