I am still here! What can we say. The most boring company on earth.
John Mc said what was music to my ears... he said the plan was to 'find 500k resources a year'. I actually think they will do it.
And I really, really believe (based on a slow grind) they will end up with the 4 mill ozs and 2 mill as reserves. The gold over the tennements is not bonanza, but it is everywhere. And you just scrape it up - open pit.
So, we are very, very much leveraged to price of gold. We are open pit (no surprises). We have an agreement for treating. John mentioned for the first time the other day a plant. They will do if better than the toll.
In the end, they will boringly produce 100oz of gold a year for 20 years.
But very, very, very, very, very slowly to start.
26 cents. Hmmmm. Should I take it up. Hard to decide.... OK, I will.
CRK Price at posting:
36.0¢ Sentiment: LT Buy Disclosure: Held