Here are my thoughts on your 5 points.
1. I do not see them making any improvements right now to deal with the ore they cannot process. I have heard that they are deep enough into the HT mine to get some of the correct types of ore (sulfide ore) from there. The higher layers of most deposits are oxide ores and the deeper into the deposit you go, the more sulfide ore is encountered.
2. Find and mine ore compatable with the mill( any ideas on which mine location that might be?) I believe the Bawana mine ore is more compatible for floatation.
3. Mine the ore and precious metals to create revenue to construct the retention pond. If you cant get the metals at this time up production and become profitable with the iron ore.Get approval of the new pond and permit to continue use of the temporary pond. They already built a leaching and cementation circuit. Why not start using that to get most of the copper out of the ore?
4. I doubt Massay will want to loose 10m instead of not throwing in another 1 mill to pay for proper leaching equipment and/or SX/EW (hope that is how it is spelled). to get their money back. I have no idea how receptive Massey would be to that. It probably wouldn't hurt to ask. However, I don't think that $1M will do much for CPRK. I believe they need a lot more than that to get caught up with their past due bills, get in the proper reagents, pay the workers back pay, legal fees for PN lawsuit, make some payments to the lien holders to keep them happy, finish cementation line and get in the proper chemicals and supplies, etc. Buying and installing an SX/EW mill would add significant costs on top of all those.
5. Just get the dang thing running. Drill, Test, Start the mill and process the compatable ore. Easier said than done. Show me the money and I am sure that they would get-r-done.
If I was on the BOD (and I am not), I would be talking to everyone I knew with deep, deep pockets about an LTF and / or with larger mining firms about doing a joint venture, a merger, or a buyout. An LTF gets you the money you need, but not the mining expertise we could probably use. A JV, merger or buyout from a larger mining co. with deep pockets could get us the money and the expertise. But again, this is probably easier said than done.
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