CRK 0.00% 26.5¢ carrick gold limited

4.2moz gold $24m in the bank all for $63m, page-30

  1. 1,544 Posts.
    CAH had a similar problem and pre-sold gold to fund the start-up. The share price went through the roof naturally. There are numerous possibilities here and it's getting more of a target by the day. It's lucky that whoever may want it will need to negotiate with the family and other controlling shareholders so it can't be "stolen".
    I agree young-trader it's slap bang right where it needs to be surrounded by mills.
    Obviously there are those who cannot wait and are selling for next to nothing. It doesn't mean they are right!
    I'm going to try to pick the bottom and am waiting on the sidelines.
 
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