CRS 4.17% 2.3¢ caprice resources ltd

loooking, loooking...., page-12

  1. 5,867 Posts.
    re: ** loooking, loooking.worrisome... Probing, in addition to the opportunity profit foregone, and the writedown of the position for future periods, you also leave yourself prone for either production hiccups or a reclassification of your reserve base.

    This company has the ability to do both. And have you forgotten Sons of Gwalia already-it was the banks refusing to role the hedge book that started that death spiral?

    Certainly not saying it will happen to CRS, but they must be near the top of the list in terms of such probabilities.

    Cheers,TAS
 
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