all those questions you asked which put a negative light on CRK which are very valid is why the share price is at 5yr lows
you have to understand if CRK had plans in place to mine there is no way it would be trading so low
so basically your buying the uncertainty at present and should get rewareded when the company answers those questions by taking steps towards development
personally I see this as a takeover target
My list of suitors includes RMS AVO IGR NGF nad perhaps even one of the majors
It makes the most sense for RMS given its huge cash warchest and very low remaining production life
CRK Price at posting:
43.9¢ Sentiment: LT Buy Disclosure: Held