I agree with RichMan. However, some CD Players will play .mp3 files (or other compressed files) recorded on a CD-R. You should check your players' documentation.
My guess is that you should rip them to mp3 format - in that way you can burn a lot of them on a single CD, listen to them on the PC, and transfer them to the iPod.
You can vary the quality of the mp3 when you rip it, most of the time. It is compression with loss of information, though, so it will be of somewhat lower quality of the original CD music.
Also, about this:
When I open up the CD it lists two tracks as follows:
CD Audio Track 1 2kb
CD Audio Track 2 2kb
Do not copy the files you see on the CD dicrectly. This will only copy very small files that contain information where on the CD the actual files start and end. You need to rip them - like using Nero or a number of other programs. This is implortant to keep in mind