"Lack of strategy to go to production might be holding this back.. Even if you want to be taken out, you have to demonstrate to shareholders that you do have a plan."
The company has commissioned a PFS so they can demonstrate they can go to production stage, this is a plan. PFS has been delayed for some reason and IMO this is the reason why we have some nervous sellers, on top of that we have added selling pressure from JP Morgan that has been pushing the price down.
CRK Price at posting:
43.9¢ Sentiment: Buy Disclosure: Held
