CKK 15.8% 1.6¢ coretrack limited

ckkoa, page-9

  1. 23,002 Posts.
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    I did say throw a dart :)

    if 25c end Nov 2012 then the company has been a failure and I can't see it being there. It will be well north of that or it will be well south of that imo.

    However if it is 25c (or less) at the end of Nov 2012 the options expire worthless as mentioned.

    If I had heads that I bought today that were only worth the price they were 12 months ago in 12 months time then I would be extremely disappointed and would have bailed.

    I cannot believe people would buy this stock for the hope it will be 25c in over 12 months time?

    We are playing in the spec end of town...sets your sights higher :)

    25c in 6 months time would see the oppies around 10/12c so more than double the increase in the heads. However if you believe the stock is only going to be 20c/25c in 12 months time I wouldn't bother buying it at all.

    If we achieve the business plan re drilling contracts I can't see how we could possibly be 20/25c by then. If we don't achieve them I can't possibly see how we would be 20/25c by then. So either way not likely unless we spike to 50c then things stuff up and we are that on the way down or we stuff up now and we are only just recovering to be that price. Either of those scenarios would see me long gone. The company has 6 months to prove itself maximum for me. so if we are not multiples of our current price by early new year then the writing is on the wall imo.
 
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