CKK 15.8% 1.6¢ coretrack limited

Is the conclusion to be drawn from recent statements and...

  1. 1,218 Posts.
    Is the conclusion to be drawn from recent statements and activity that the much hyped CLRS system is a dud and will bot be the company maker we hoped? It was a long shot with high rewards but as such the risks were there for all to see.
    So now it is down to the drill rig business to pull the company through. Ironically, the theory that it is the sellers of the spades and buckets that clean up in a gold rush, not the miners, so maybe this will apply in the coming rush on energy and commodities boom.
    If CRK can get rigs out onto leases then well and good. And as a sideline, maybe improve there widget for real time analysis at depth at the same time.
    However, given the time frames in play here I will be wandering off with my capital and return when CRK are starting to show income.
 
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Currently unlisted public company.

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