FC certainly doesn't hold back in pointing out the huge upside to his current investments. TLZ CRK and SHA. As a significant holder in CRK, I had a day with the GEO, Peter Patterson and Frank visiting both SHA and CRK about a month ago. I believe this time next year CRK will be over $2 with a resource in excess of 4 moz. There was a fabulous article in the Herald yesterday talking about the consoladation in the Gold industry. The big overseas players need more gold and with very few discoveries over 2.5 moz in the last 10 years (CRK have probably 3 now!) we are in for a very juicy takeover in 12 to 24 months. Frank will be positioning CRK for a trade sale once he gets over 5moz and I am sure he won't let it go for anything under $3.00. Remember top 20 hold about 85% Dont forget the excellent position CRK are in, 36 km NE of Kalgoolie, have a great road recently put in and are next door to the Paddington Mill. Time to load up again. Bring on 2008.
rr
SHA Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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