CAS 0.00% 0.0¢ crusader resources limited

gold price, page-7

  1. 230 Posts.
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    I think there is no incentive for Crusader Directors to try to keep the stock price up until once the merger is complete. Prior to the merger there was some positive announcements and there appeared to be movement. I read the tea leaves as there being some announcements post merger and should there be director buys then the sp should improve. I have sold all my other shares and invested in Crusader due to its large amount of gold, great directors and I also think Brazil is actually fairly stable compared to some alternatives. Also if you look the record of Marcus Engelbrecht at the companies he has been at there has been some good results.

    Yes I am reading the tea leaves but I think there is too much gold and too many big players involved for this not to have big potential. This punt could pay off if the gold price continues to rise. Good luck to all other share holders. We will see by the end of the year which way it is going.
 
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