You've noted a possible negative risk factor in the seeming stringiness of a CRK deposit, and there are possible "silent witnesses" supporting that concern in the late-stage unannounced cancellation of the PFS, and perhaps the selling by JP Morgan. In addition, Post No. 5637814 from geologist "Blythefan" included this aside about CRK while discussing CDU:
"*I* thought it was fishy 18 months ago, that they [CDU] could drill, drill, drill and not update. And now you know why. And now you know why you need to be suspicious of this kind of behaviour - and others, like the "miracle" upgrade of AZX, and CRK's resource, and other similarly odd geological furphies."
Stu, what positive risk factors outweigh these seemingly negative risks to give you a "buy" signal? Do you think that the share price is low enough now to be over-discounting the negative risks and undervaluing CRK?
CRK Price at posting:
35.6¢ Sentiment: None Disclosure: Not Held
