Replies to post #61503 on Copper King Mining Corporation fka CPRKQ

[CDL]

Its character building VVV ;)

I suspect the pps will continue to drift down. However the fundamentals of the company are getting better all the time. Flotation Mills are not a new science. World class engineers will be able to identify any possible problems and offer solutions to maximise production etc. My confidence in the current management is growing all the time. They are approaching every aspect of the business in a transparent logical way. Problem with the mill.... get world class engineers in to recommend solutions.

[eyeamgame]

They had to raise some funds through dilutive Placements.

They also got back a million from the SXEW aquisition if memory serves correct.

The problem is that with the mill down and a fairly high burn rate even if they have money in the bank it will get eaten up quickly.


I have no idea what connections the new ceo has.

If he could land a long term package money flow should not be a problem.

It is nice to hear directly from management that the mill was down and the reason for it.

If Mark was in control we would likely have found that out from our next shareholder visit.

This could be a very professional move on the part of new management.

The fact they were upfront about it actually makes the news a little less painful.

eye