Hard to say where the company will go from here, but I would expect a buy out or a large partner in the medium term. $18M has only recently been put into CRK at $1, so anything under that is a gift IMO.
I know that Frank would be buying any shares under 50c. It is a great loss not to have Frank negotiating any future deals, but selling now is irrational, the gold is still there.
100K at 55c umm.
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