CRK is very spec. There are questions about the size of the resource and its conversion to a reserve.
I would only be placing a small bet on this one. In fact I am sick of CRK and have exited it. It could be a very long wait before anything happens and it might disappoint in too many.
Due to its illiquidity you could be stuck with another lose here.
CRK is one to be wary of, but in time it could come right.
I am probably out for good.
The company Directors have not returned my calls and BGF Capital analysis of CRK is no longer relevant.
CRK is cheap for a reason - better find out the reason before buying.
loki
CRK Price at posting:
42.9¢ Sentiment: None Disclosure: Not Held