young-trader, a list of shareholders sent to me by Frank a year and a half ago included Catholic Church Insurances with a holding of 1,570,000 shares or 1.2868% at that time.
I'd be content to sell my CRK shares to KCN for $2 as well but agree that we'd get a better return by mining.
Note how gold exports have boosted Australia's export performance and helped us to a surplus. That's set to continue. Every ounce that leaves Australia means more demand for gold in the ground!
Also interest rates on hold.
CRK Price at posting:
43.9¢ Sentiment: Buy Disclosure: Held