Replies to post #56971 on Copper King Mining Corporation fka CPRKQ

[Willboat]

Just received.......

NOTE TO SHAREHOLDERS
March 3, 2010


It gives me great pleasure and not a little relief to finally be able to confirm that we have received the “fob” with which to upload the information to the Pinksheets.com website and we will be uploading that info within 24 hours. This should help to facilitate the removal of the “Stop sign” from our information page. As I have told many of you, this is only the first step in the process of making our Company transparent. I have gotten many many emails asking what tier we would be moved to, and frankly, I have answered that I am not concerned with the immediate term, but rather taking the first step of many to get us to Transparency……

Another issue that came up yesterday, via an interview on CNBC, was the statement by the CEO of United Group of Great Britain that they are seeing great demand for Iron ore….This was followed later by the statement from BHP Billiton, the industrial metals and minerals giant, that they saw a rise of 70-80% for the price of Iron ore based on continued demand. As you all know, we are in the copper business but we have several byproducts from our mining. Gold, Silver, and Magnetite… (Also known as iron ore). Our Hidden Treasure pit produces ore that is roughly 25-35% Magnetite and we believe that we can continue to mine that area at a rate of 2500 tons/day for about 14 months. The simple math says that we will produce 100,000-150,000 tons of Magnetite over our obligation to our current buyer. Assuming that the price just stays the same, this byproduct will add fairly dramatically to our revenue stream. If the price were to go up only 25-30% we could have a very nice upside surprise….

As to the Mill restart I will update you as soon as I have confirmation on that
front. The parts were received and installed as expected. This should be in the next couple of days…

I have also been interviewed this evening by TheMarketFinancial.com www.themarketfinancial.com and that should also be completed and posted on their site shortly. I was also called by The Caesar Report and I expect to give them an update early next week.

I look forward to bringing more news in the near term…..CAM