I did think Fishing and Beer's analysis was probably right but still the selling continues. The mood towards CRK is currently very negative and not surprisingly really with no information coming from management. When was the last update of resources? Can't even remember. They didn't reply to my email either. I am an optimist by nature but CRK is really testing that. There must be many very frustrated shareholders and I'm one of them. The quarterly report is coming out in a few days presumably. What's the betting that too will contain nothing about the scoping study or any new information on drilling results or update on resources/reserves? I really don't understand why they think it is OK not to reply to shareholders calls or letters. Frank told me that "shareholders are the lifeblood of the company" but not now apparently. I think he would be very upset by the way we are being treated.
CRK Price at posting:
43.4¢ Sentiment: Hold Disclosure: Held