CRK 0.00% 26.5¢ carrick gold limited

4.2moz gold $24m in the bank all for $63m, page-11

  1. 7,117 Posts.
    Henry mate its simple

    all those questions you asked which put a negative light on CRK which are very valid is why the share price is at 5yr lows

    you have to understand if CRK had plans in place to mine there is no way it would be trading so low

    so basically your buying the uncertainty at present and should get rewareded when the company answers those questions by taking steps towards development

    personally I see this as a takeover target

    My list of suitors includes RMS AVO IGR NGF nad perhaps even one of the majors

    It makes the most sense for RMS given its huge cash warchest and very low remaining production life
 
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