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private_wealth

03/24/10 10:12 AM

#60772 RE: empire999 #60771

Give these guys some time - 6 months at least as this operation is fairly small.

Cleaning up someone else's mess is not an easy process.

it is NOT HUMANLY POSSIBLE to be any worse than MD
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mariner78

03/24/10 10:13 AM

#60775 RE: empire999 #60771

Where have you been the past week ??????

New management, two interviews, a PR ????

Your statement - "I blame on the management for not transparent" - does not line up with current reality.

What agenda are you promoting by such a blatant ignoring of the facts ???????????????

M78
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Colorado1

03/24/10 10:14 AM

#60777 RE: empire999 #60771

I don't blame you for being suspicious.

We just had the only change in leadership in this company ever. It is not a trend or a trick.

The man running the company is all business. He only took over on March 17th, 2010. That was just 5 business days ago.

Don't you think you may want to give him a chance?

I am finally 100% confidant that this company will survive. I want someone who knows how to bring in capital into a capital intensive business. The mill is built and the claims are solid so we needed business leadership. We have it.
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Stockbert

03/24/10 10:28 AM

#60795 RE: empire999 #60771

Current management has been on the job less than a week. Previous management can take some blame, but dang, give the new guys a chance. They've already made announcements that they are changing the way business is done, but these things do take time. Even as we speak accountants are on the books fixing things, and even if they don't take any breaks it will take them a couple of weeks to sort everything out. The only people who don't want them to have the time are the ones who are flipping for a day profit, or the ones who hope to short the company into the ground and profit from its destruction. I can only assume that anyone who is attacking management falls in one of these groups, and is most likely a shorter who cares nothing about what he's doing to the company.

May all shorters be short a hundred million shares and in the can when a 20 dollar PPS increase hits.
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ValueValueValue

03/24/10 11:40 AM

#60840 RE: empire999 #60771

Empire-

I agree with you that management has dropped the ball in the past. But, removing all of MD's hats was a called for move by many investors for a long time. You have to applaud that move as a long time shareholder who is more than disappointed with year over year performance.

I know it's tough, but if you can wipe the slate clean and give this new regime time to clean up past messes, I think you'll be happier in the end. I would fully expect you to extend only a short leash and hold them accountable as this is the new jargon being used.

LTF - We have all heard about the 100M deal that has been in the works and close for years. You have to forget this was ever discussed since this was MD. It might happen soon, but I can only assume it wouldn't be the same package, etc, etc. The clock on LTF started March 17th.

Transparency - We just hired a CFO, that is an accountant, to go through the books, clean them up, and fully audit the current stance of the company. Once again, any past talk about how long it will take CPRK to become transparent has a starting date of March 17th, with a 2 week to 2 month timeframe. The carrot that was dangled out there by our initial filing with PinkSheets is a definite thorn in the side of new management, but should still be attributed to MD's reign.

Mill Output - Now this is one that you can hold current management to past management in a few ways as you know this was MD's final push to get the mill fully operational at correct levels. They have stated that the short term results are very promising and even exceeding expectations in some areas. These are new management comments that will haunt them if they aren't true.

I know it's tough to watch the PPS get shelled like this, but you have to believe that with any slight ray of light these shorters see, they are going to expose it. I mean, it's not real hard for experienced shorters to see the amount of volume and based on short term information, determine when buying periods will be low compared to buying on information. Crap, I have never flipped one share of this and I was certain there would be a big drop this morning as the Thursday & Tuesday radio shows and PR setup a gap in information. However, I still think more investors will be drawn to this and support will be had in the mid to high 4's as long as there isn't any further selling by the company.

Stay strong Empire!
VVV