CRK carrick gold limited

Very wise of the Chinese to buy into Condor at the very...

  1. 1,544 Posts.
    Very wise of the Chinese to buy into Condor at the very beginning. If the finds prove to be as valuable as some expect, they will probably buy the whole show - for a bargain price. They are very astute investors.
    Wouldn't be surprised if a Chinese corporation recognised the value of Carrick too and beat Australian and other competitors to the punch.
    They could convert their declining US dollars into gold at a fraction of its value.
    If they start buying up our grossly undervalued gold resources it'll start a bit of a rush from the major corporations who need to replace their declining reserves.
    First come, first served.
 
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