crc info

Hey guys, just doing some research on a few resource stocks i have on my watchlists, invested in a few a made some nice money, always like to do a lot of research before investing.

CRC are one on my watchlist, and just chasing up some further info:


These guys look to be getting close to procuction - i know they have to wait for the appeal to be heard before going forward - but would like to hear some advice on the following(assuming appeal gets thrown out):


- I see they have financing for their move towards production - what im basically wanting to know is what are their costs looking like going forward to hit production - i know their costs per ounce of gold produced(which looks nice), but wanting to know the total capital costs in getting production started and what are these costs for?

-Currently have a 320,000 ounce resource - which at 50,000 ounce a year gives them around a 6 year mine life - what the odds of a substantial increase on this - if they could increase this by a fair bit, with their low costs per ounce of production - would really sell me on this company.

-What other projects do they have going on - and anything else that might not be common knowledge would be greatfull.



As mentioned, trying to do as much research as possible on the dozen or so stocks i have shortlisted. Jumped on ERM at 0.11 - so off to a good start... :)