It's very unlikely they would use inside information to sell or buy shares. Surely their reputation is worth more than that. I don't think their selling is CRK specific. We are more likely collateral damage of their strategy. It might be better to contact the person named on the documentation published when announcing their reduction in their holdings. I might just do that to see what their intentions are. It does seem madness to sell at a time when gold is hitting record highs and set to go higher unless their is another motive which we don't know about. A new CEO should be appointed in the coming few days and will hopefully make an announcement about the future direction of the company. The gold is in the ground - four million ounces- and the PFS must be nearly finished which will give an indication of mining costs per ounce for the first stage.
CRK Price at posting:
48.8¢ Sentiment: Buy Disclosure: Held