I typically seek company's with 5-10x return potential based on their known projects/stated intentions. (CRC could well fall into this category at a later date - my research hasn't stopped).
Although some people would say I am only looking at the riskiest of stocks I believe my research helps mitigate these factors.
My only gold play at the moment in KGL (dyor, etc). I'm not trying to come across as a guru or anything because although I have been investing/trading for over ten years I have only recently started chasing higher risk/reward plays since I realised my love of research was a great asset that could be put to use.
I also realize my strategy is not for everyone and agree that while CRc may not fit my criteria it is still a "buy" for people chasing a return of 100-200% (on current forecast production and gold at 1550 aud)
CRC Price at posting:
14.5¢ Sentiment: None Disclosure: Not Held