4.2moz gold $24m in the bank all for $63m, page-7

young-trader, I also did research and came to the same conclusion. CRK ticked all the boxes - also including water availability, electricity availability (no need for diesel), good roads and close access to other centres.
I have spoken to a number of shareholders, who together control the company, and the consensus is that the company is worth a minimum of $2 a share and a maximum of $7 a share. I would find it hard to believe that the family would sell for as little as a dollar a share. That would be giving it away, especially after having come all this way. $2 a share would move a significant number of shares, possibly a majority.
I too think it has the possibility of exploding overnight and I too would not want to be short at that time.
My shares in other companies are also languishing. I used to trade in PTR around the 70c mark, sold out around that and then bought in again at 24c and now they have slipped to 13.5c! They are regarded as the number one geothermal prospect but you wouldn't think so. I sold out of GRK at 12c now they are 1.7c. They were supposed to be a good prospect and likewise GDY now down to a paltry 37c. I sold my last at 99c.
CRK is not alone in not being appreciated! It really depends on just how long one is prepared to hold. Right now might be exquisitely the wrong time to sell.
JP Morgan make mistakes. They invested a large chunk at $1.70 at the end of 2007, obviously believing the company was worth that and then sold down their shareholding pushing down the share price in the process and then they bought back in again, even more than they sold! This year they invested at $1 and after a few weeks sold down again, once more depressing the share price. It is very bizarre behaviour. They're the only ones doing this. All the other original shareholders, including the Catholic Church, have held and some have added. They know this is a long-term investment and are prepared to wait.