Interesting morning with sell side drying up completely. CRK...

Interesting morning with sell side drying up completely. CRK will soon be ripe for takeover in my opinion.

Interesting article this morning that talks about the subject of take overs:

Watch takeover merchants circle as majors seek gold
Companies like Newmont simply don't get involved with $12.5m floats -- until now, that is. Its participation may be a sign of the desperation of majors to get their hands on gold.

Once, they would have waited for a million or two ounces to be proved up before pouncing, but now they need to pre-empt any competitor beating them to anything.
***********************************************************

- 4m ounces of Gold
- $20m cash to last through just about anything
- Undervalued
- Director appointed who has made comments that he expects his job to be done in the next 12-18 months...I suspect it could be done in the next 6 months.