I do think that CRK now has a definite direction which is really hasn't had for a year and a half. Management I believe were battening down the hatches during that period until the storm blew over. It appears it has to a certain extent and gold is coming go the fore. Looks like it has moved decisively over the thousand mark and may be heading for the 1,100 mark now. We'll see. I suspect there will now be a series of announcements leading up to mining, with additional upgrades too. Frank will be wanting to get the share price back up well over the dollar mark and that shouldn't be too difficult. I expect it to zig zag up. Go up, take a breather, correct somewhat, then resume its climb. One thing it seems to have certainly moved out of its long slow trend downward and for very good reason. It's a hot stock in my view. The general gold market is back in favour and this will help CRK but it is also a unique stock very tightly held.
CRK Price at posting:
77.1¢ Sentiment: Buy Disclosure: Held
