F&B I like your chart; had a good giggle. For me it illustrates the impossibility of any chart to define/interpret stock movements on this co. It is/acts more like a private equity co than a public one in that it is dominated by family ownership, a few large investors and only a few shares for others. In a normal public co the shareholders give it a value via the share price, in private equity its valuation is assessed on its fundamental value based on commodity value etc etc.and is only known from a discrete attempt at a valuation.
Two things need to happen: We need more liquidity ie more small holdings and more oz's in the measured and indicated categories. Elaine mentioned that management were responding to requests for more information re PFS so it's not done yet but in sight. This PFS will 'sure up' doubters and as the ore body is mostly under 100m, the grade ok and the proximity to infrastructure is ideal then at worst it will compete with the industry average and at best be much more competitive.
I bought more today and will continue to buy.
CRK Price at posting:
44.9¢ Sentiment: Buy Disclosure: Held