CRC cortona resources limited

Choice, that will keep the sp flat.My guess would be that the sp...

  1. 10,404 Posts.
    Choice, that will keep the sp flat.

    My guess would be that the sp could drop to ~7c. There's nothing holding it up. Drill results, nice juicy ones, would be a help. I know that the drilling is underway and there would be plenty of travel between Perth and Canberra/Sydney. That's the price you pay for distant development.

    But maybe down the track CRC might just decide to do a share buyback to compensate for the terrible dilution that is going to happen.

    I bought shares last week but now I'm wondering if that was a wise decision. It's not a nice feeling knowing that you've just bought 100% of 70%.

    The day that the first oz is produced will be the end of an amazing, tiresome journey.





 
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