Replies to post #64307 on Copper King Mining Corporation fka CPRKQ

[private_wealth]

Afternoon, Candy. Thanks for taking your valuable time and effort to provide this meaningful information.

Your grace and candor in expressing your investment opinion without advising other posters is nothing short of elegent.

Good luck with your investment(s) and thanks again.

[RDG013]

Thank you Candy! Well, we can always hope that this is just the 1st going through the motions to protect themseleves with everything going on, including the PN Hearing. Problem is, the company is silent, so we have no clue if any progress has been made and if they even have a chance of getting the money needed to restart.

[ThunderBell]

Even if they do not pull a rabbit out of the hat and get the first trust deed to back off a good BK lawyer may be able to save the day.

The first trust deed was originally written for how much? Under four million right? The rest is all penalties, fees and accumulated interest. It will not be easy - but for the lenders to get not only the property WUCC used for collateral but also the "improvements" of up to "$70 Million" (I number used by posters here for the value of the Mill) might just constitute enough "undo enrichment" to get a judge to give CPRK more time.

That is IF they are showing progress AND if MS, MD and the rest of the flakes can present a workable plan and the professionalism to pull it off.