I am not impressed with CRS directors in their latest company...

I am not impressed with CRS directors in their latest company report stating that they have not, as yet, decided whether or not to pay a dividend.

This kind of ambiguity can only weaken the share price. A major - and I mean major - increase in reserves is what this company needs to take it out of the doldrums .... Either that or a takeover bid (which is highly unlikely at this stage).

I have decided to bail out and take profits on this one as a fall below 50c looks a possibility.

I am leaning more towards "black gold" as a safer interim play until the gold price plays out its current correction.

In contrast to gold, energy stocks and the oil price, are moving north very rapidly - with more to come.

Key holdings in gold and energy include: DRD; EMP; WPL; OSH; STU and (dare I mention this 'laggard" ... good 'ol BPT)