My understanding lok01 from a conversation with Laurence Freedman some months ago that he did indeed do his own independent investigation and valuation. He seemed to know the details of the company and its assets inside out.
I am as disappointed as anyone else at the cancellation of the PFS and am way out of pocket as well.
I feel a bit like an outback grazier sitting on a large property after several years of searing drought looking up at the sky every morning wondering when it will end. I am hoping it will end like it has recently out there with a sudden downpour and life returning miraculously in a few days, with creeks running, flowers springing up, fish returning and the pelicans flying in from the coast. I shall hang in there. I won't be walking away - just before the rains come.
I do think that management owes us all a detailed explanation as to why the PFS was cancelled and what they are planning now. I do feel confident however that the gold is there, near to the surface and will be mined profitably and that the shares currently are way undervalued and have been for some considerable time.
In the meantime I shall sit on my veranda looking up at the sky wondering when.
CRK Price at posting:
34.6¢ Sentiment: Buy Disclosure: Held