We are likely no more than four weeks away from what we have been waiting for.
Only two or three people know what we can expect but I am betting on an announcement of around six million ounces and a substantial increase in reserves. It will be interesting to see if any of those interested in CRK will show their hand around this time too. They'd have to move quite rapidly. I still haven't sold any and wouldn't think of it at these silly prices. I am content to wait until the full extent of the gold reserves and grades are revealed and a company makes a substantial bid for them, which I suspect will not be too far down the track.
Gold is still above $A930 and if it stayed in that range the gold reserves of CRK would be highly profitable.
We are likely no more than four weeks away from what we have...
Add to My Watchlist
What is My Watchlist?