Perhaps it is worthwhile to look at some overseas based companies as well. They seem to be the flavour of the month, and have higher takeover potential by Canadian companies because they tend to value goldies more highly than we do.
As regrads CRK, who really knows. I am keeping my shares even though they may get down to the 35 cents level again. I am confident that Freedman will see to it that some mining takes place within 18 months, most likely some toll treatment deal initially. The wait could be frustrating.
The most recent director appointment suggests to me that CRK could also be looking to do some sort of takeover deal. I want to be around when the fireworks starts.
loki
CRK Price at posting:
47.8¢ Sentiment: Hold Disclosure: Held