CRK says it will mine by end of 2012. It has $3m in cash and spent $3m last quarter on exploration and administration.
They had better just focus on mining something soon rather than exploration or there will be a need to do a capital raising, which in the current market and given CRK's share price, will dilute shareholders.
This company is begging to find someone to take them over.
Friedman must be spitting chips that he invested millions in this company.
GLA.
loki
CRK Price at posting:
25.4¢ Sentiment: None Disclosure: Not Held
