CRK carrick gold limited

RP,I appreciate the time you spend on this stock - I was a...

  1. 239 Posts.
    RP,

    I appreciate the time you spend on this stock - I was a holder. But still don't feel the stock has progressed any further except increasing its cost base in the last year.

    Now you REALLY have to have faith in spades to beleive that the new management are going to use the $20mil in the bank wisely......

    As now with multiple executives as compared to Frank Carr's old team of 3 this is when costs can blow out and can easily spend $10mil plus per year not just on salaries but the execes trying to do their job and the extra spend involved..

    All of a sudden in 2 years or less the dilution story of CRK may begin which to Frank's credit is what he avoided like the plague and managed to raise capital at $1 for example!

    Just a negative note as be careful not to fall in love with a share - they are often like one night stands!
 
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