CRK 0.00% 26.5¢ carrick gold limited

ripe for takeover - 4m ounces of gold

  1. 2,755 Posts.
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    Interesting morning with sell side drying up completely. CRK will soon be ripe for takeover in my opinion.

    Interesting article this morning that talks about the subject of take overs:

    Watch takeover merchants circle as majors seek gold
    Companies like Newmont simply don't get involved with $12.5m floats -- until now, that is. Its participation may be a sign of the desperation of majors to get their hands on gold.

    Once, they would have waited for a million or two ounces to be proved up before pouncing, but now they need to pre-empt any competitor beating them to anything.

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    - 4m ounces of Gold
    - $20m cash to last through just about anything
    - Undervalued
    - Director appointed who has made comments that he expects his job to be done in the next 12-18 months...I suspect it could be done in the next 6 months.




 
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