Where are you putting all that CRK loot? Buying more RSG shares? Or are you just reducing your CRK risk exposure? Well done on RSG, about which I dithered in August.
My gut is telling me CRK is the real deal, but it may just be my ulcer playing up. I still do not understand why BGF have become less supportive (neutral?) of CRK and why the BGF report has been removed from the CRK website.
I am fairly confident there will be some mining proposal put up, and progressed, such as toll treatment of CRK's near surface ore. This will stimulate general market interest and help the price along. It may also flush out bidders for CRK's deposit assuming that enough of it could be turned into reserves by the bigger miners. In which case we could see a takeover price next year north of $3.00 given what the Canadians have been willing to pay.
So there. You can now see that I have a CRK related bi-polar disorder which can only be treated by a CRK takeover at $4/share.
loki
CRK Price at posting:
53.6¢ Sentiment: Hold Disclosure: Held