Howdie neighbour! You're very right to say that CRK is vastly undervalued. FML is much better valued. It is a producer but total reserves at present are only 247,000 ounces. Just imagine what CRK's share price would be if it were a producer with 16 times FML's resource - would the share price be $19? Seems hard to imagine with the current price at 90c. I have predicted for over two years that CRK's share price would end up at $17 (assuming no dilution).
The $2-$2.10 target for CRK is very short term and should easily be reached I would have thought in 6-8 months, depending on takeover or funding for mining announcements. Could go much higher in that period also.
Very good idea for CRK to use FML plant for initial processing.
Howdie neighbour! You're very right to say that CRK is vastly...
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