Cheers EW.Well hopefully market reaction will put them on further notice. So I think it’s a pretty simple business model , the drill is the truth teller, and biggest cost is just the drilling. CRS have large tenure ( how did they manage to snare MORE ground here??) in a fertile gold region, lots of targets ,with big players surrounding them - it won’t be a stranded resource. Then macro issues - throw in a gold sector in a boom cycle due to slowing economies, high risk credit spreads, USD liquidity issues, tech sector in bubble state -now unwinding… Jeez US market has lost $11USD trillion last two sessions . Luke has pretty much said that once they prove up a decent resource they’ll be open to talking to neighbours so hopefully that’s something even non executive directors can’t stuff up. Nxt 6 months they have an idea. With every goldie out there plugging holes assay labs will really start to slow down so they better not dawdle.
CRS Price at posting:
5.1¢ Sentiment: Buy Disclosure: Held
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