After trying to contact CRS several times to clarify where the tranche 2 circa $300k went, and not receiving a clear response, I have sold my shares.
I am very disappointed (to say the least) with the way the CRS team have handled this and I personally feel misled.
Did I miss something in the quarterly?
Where did that tranche 2 money go?????? Can anyone tell me???
I was shocked to see the quarterly showing $222k I was expecting to see $222k + around $300k, so over $500k at least !
I don't understand what they expect of shareholders !? To wait until the last cash is all gone?
MD resignation
$222k at end of September
No apparent reason where the tranche 2 CR money went
Shareholders left in the dark imo
Too many red flags.
It's disappointed as I had such high hopes for CRS and I really believed in their Mukinbudin ground. I feel that I also made a contribution by informing CRS of the 2 tenements that became available as well.
I have tried to be as positive as I could be on this stock and have done my best to hold long-term. Waiting and hoping for a CR when they have under $200k in the bank is just too risky for me. I have sold and taken a huge loss.
I wish you all the best of luck and with a bit of luck, maybe CRS will squeeze a CR in at a reasonable price (if at-all), but I can't count on that hope.
GLTAH.
CRS Price at posting:
3.7¢ Sentiment: Sell Disclosure: Not Held
