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richard the Realtor

10/20/10 11:56 PM

#68083 RE: webtime #68082

I will say this again. When I first bought this stock the price of copper was $1.40 and it was supposed to be real profitable then.
Today the price of copper is over $3.50 and it still cannot produce at a profit.
The original video with John O'Hurley said that this company could be mining there for the next 80 years. But it seems like it would take the next 40 years of mining to pay the present and what would be an incredible amount of future debt to get this operation up and going again.
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SATELLITE

10/21/10 12:42 AM

#68088 RE: webtime #68082

It would not have mattered which piece of land it came from.....they simply would have made their $$$$$$$ and paid PN their $10M and been done with them.........end of story.....the contract would have been done at that point.



Thats my point, the contract MAY have limited where CPRK(Q) could get ore from.(i have not seen the Org. contract, only speculation on my part as to the agreement.)

I'm only stating that ore body may not have been condusive to produce enough revenue fast enough, to satisfy agreement.

Answer me this, are mills built for ONE type of ore body, ONLY??? ***well maybe some, but not this one***

My answer would be NO, IMO the mill has to have room to grow and exspand to accomidate any type of ore body. The mill IMO was not erected to mine NS land only, if it had been then what about the Thousands of other ac. of land under lease.

I don't know the amount off the top of my head but i'm sure NS land is small compared to what can be mined with good production and revenue, IF CPRK(Q) had the money.

Some say MD was a visionary, sounds like he was looking at the whole pie, not just a piece. He may know the land, but needed help with the mill. JMHO

OH well, since some guy with letters behind his name did'nt certify the drill results, i will have to assume there is no Gold, Silver, or Copper in the ground. IMO if CPRK(Q) had that, ppl would be lining up at the door to loan them money.

Like they say: (common sense is not that common) just because it looks like gold, until that guy with those special letters behind his name, bits into it and says its so, it ain't. LOL

Web, i've enjoyed the time talking with you, perception is a funny thing. My Perception and Your Perception are different, thats all, and its all good.

GLTA Longs