nov. news flow

Due this month

1. DFS and Resource Upgrade for Dragues Reef

2. Assay are due from 7 holes in Plums Lode Drilling campaign. All holes struck mineralisation. Looks encouraging first hole had 12.6 m @ 9.9 g/t ~80m.

3. Possibly futher assays from current drill program

In October CRC raised $4.25 million in a share placement @ 17 cents.
Current resource estimate = 286000 oz @ 6g/t
Target resource = 500000 oz
Planned production b4 end of 2011
With a positive DFS, resource upgrade and drill results from Plum Lode I'm thinking a re-rating is on the cards

TA it looks like an ascending triangle
Support 16c
Resistance 23.5c
Target 31c