why buy, page-4

Hotfire

What BGF report are you refering to? The one on the CRK website?

I do not think that there is an updated report from BGF since then.

CRK needs to convert its 4.1 million ounce resource into reserve, as you say. This will take some time. At this point my understanding is that none of the 4.1 million ounces is in the form of JORC reserve, after having a look at the JORC Code and how other goldies (SBM and NGF) report on their gold base.

I agree that if they can convert just 30% of the reserve into a resource then we have the making of a miner with the potential for CRK's share price going well above $1.00.

I am really glad Freedman has come on board to drive this thing along. Bevan and his team back at the office fell down on the job. I doubt that the Chairman walked, it is more likely he was pushed.

I still think that the 41,600 mesured ounces could be mined fairly soon, possibly after some more definition of the ore body, so that would kick things along for CRK.

loki