One of the conversations I had with Frank a couple of years ago indicated that he thought there would be a takeover but not until it got close to the point of mining. He thought it would be premature until then. One large shareholder told me that Barrick had expressed "intense" interest. I don't believe there would be a signifiant move until the PFS was published and examined. Sometimes when you put your house on the market it can sit there for months and then suddenly within days there are several people after it. It may be like this. We've all done our homework and believe the share price should be several times the current price, the bottom being $2.00. All the indications I have had from Frank and several others are that this is indeed very viable and will be shown to be by the PFS. We'll just have to wait and see. I agree that the current price is very silly and largely as a result on the one large shareholder selling down. They could have done themselves and their shareholders a favour by not selling so precipitously and getting a much better return.
CRK Price at posting:
43.9¢ Sentiment: Buy Disclosure: Held
