re: Ann: Carrick Board Strengthened with Free...
Very interesting. I feel a movement coming on.
Better buy more CRK while they are still cheap or will they continue to go sidewise?
It does look like CRK are going to move forward, which is consistent with my discussion with Bevan. While he did not provide specifics, I felt assured that CRK will not go down the road of significant shareholder dilution and have sensible plans in place to survive a possible GFC2.
However, I have no expectation of rapid progress towards developing a mine, not that this may not actually take place. Bevan said we should expect further positive announcements later this year - perhaps this is the start of this process.
I have no idea whether AAM's deposits are economic to mine, but some of the reported grades certainly look very good to me.
loki
CRK Price at posting:
36.1¢ Sentiment: LT Buy Disclosure: Held