CRK is trading at the high end of its 12 month basing pattern.A...

CRK is trading at the high end of its 12 month basing pattern.

A sniff of interest from here and should soon be testing the next resistance above which by my reckoning is around 140.

90 mill EV for 4 mill JORC ozs under PFS aint dear at all ... and some in here say 10 mill ozs poss ? Well even at 4 mill, if u applied the peer group average for new producers, can see where u get that 5 buck figure from.

So looks to now be in a natural evolution path reversing from its primary downtrend from all time highs and right on the line. Confirmed interest 85+ should start it on the next leg within its third primary which by my further reckoning has already started around 66c.

One for the SMSF looking 18 months out Zen ??? Imagine a POG 2250 coincident around then as well hey ? Might have to add a "1" in front of thet "5" if the Gods allow it haha.

Still sniping with the loose change under the pivotal break line cos Ima golden believer.

IMBOOC

PS if its 2.9 g/t at surface that means a VERY LOW OPEX likely by peer group standards ? Havent checked the metallurgy but assume same as neighbours ? Neighbour Thunderbox at abt 2.6 from memory is my yardstick ... remember that wealth creation vehicle for its patient supporters ?