j p morgan is the seller, page-28

Excellent post hawk, JPM have been active in this little "gold mine" for a while, as I have mentioned before we have 3 major players holding 63% of the company, surely this must ring some bells with other suitors? Everyone but the market values CRK @ $2.00 - $2.20 with the in ground resource of 4 mill. oz and those who have done the work also know that F.C wants that increased to 10mill. by production. Unfortunately there will dilution, its a necessary evil to get us over the line, lets say another 50mill shares, what figure do you put on CRK then? 10mill. oz and producing 100k oz / year? $3.70?