CRK 0.00% 26.5¢ carrick gold limited

Good thinking FishingAnd Beer. It's possible that last dump at...

  1. 1,544 Posts.
    Good thinking FishingAnd Beer.
    It's possible that last dump at the end of last week was by those who didn't realise that JFCP had finished their selling. I bought some of those. JFCP have none left to sell.
    I feel certain that the share price would have held at at least 60c and more likely around 80-90c without that huge selloff by one shareholder. They may well have made the wrong decision. I certainly wouldn't be selling any at this stage. My feeling is it will bounce back to a reasonable level, minimum of 60c, very rapidly. There were occasions during this selloff when it tried to rise but was whacked straight down again. It had no chance. Those selling now in an attempt to buy back cheaper could be making a mistake. During the selloff it was possible. I'll keep an eagle eye on CRK during this week and watch for opportunities.
    Gold might touch $US1,300 this week conceivably. That should put a rocket under some gold companies.
 
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