CRK 0.00% 26.5¢ carrick gold limited

j p morgan is the seller, page-29

  1. 1,544 Posts.
    Very interesting analysis Hawkish, I believe the overnight rise of the gold price to record levels has changed the game.

    Gold stocks in NY have risen sharply overnight or so and this may be just the beginning.:-
    Iamgold Corp NYSE:IAG 18.92 USD 17.83 +1.09 +6.11%
    Kinross Gold Corp NYSE:KGC 18.37 USD 17.37 +1.00 +5.76%
    Goldcorp Inc NYSE:GG 45.81 USD 43.50 +2.33 +5.36%
    Yamana Gold Inc NYSE:AUY 11.26 USD 10.69 +0.57 +5.33%
    Hecla Mining Co NYSE:HL 6.14 USD 5.83 +0.31 +5.32%
    (courtesy of FiendishRedbeard post on Gold)

    I wasn't expecting such a sharp rise so suddenly but then who was?
    I have no idea who bought at 64c. If it was an existing major shareholder it will be revealed or it could be some new who recognises the value of CRK.

    If these gold price levels hold and actually rise, we'll see CRK pounding back to 80c-$1.00 in the blink of an eye. I can't imagine why shareholders would sell at a time like this.
 
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