CRK 0.00% 26.5¢ carrick gold limited

Roo Roo patience is a virtue! Most of those Lawson's bargains...

  1. 1,544 Posts.
    Roo Roo patience is a virtue! Most of those Lawson's bargains have now found a new home in a single collection.
    If you are waiting for CRK to drop to 40-44c, it would be like waiting for an 1880s rainforest shield with impeccable provenance to come on the market for $10,000. It won't happen, but if it did, mortgage the house to buy it! I think the wait ahead is much shorter than you think.
    Estate09 those shares at 60c and other blocks could easily be swallowed in a day given the right circumstances. One thing I did discover is that sellers are not always right! I just did very nicely in MAK. If Elaine Carr does wish to off load any more there will be ready buyers off market, as she did with all the others. Chinese buyers will snap them up.
    The absolute bottom for CRK, in my opinion, is 55c and that is a very cheap price to pay indeed for these assets. In my view this will look so cheap in the not very distant future. But, as always, we will see.


 
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