Some excellent posts on CRK. They convinced me to buy. I like...

Some excellent posts on CRK. They convinced me to buy. I like the honest family cornerstone holding.

With these hopeful developers, the wait can be soo loong. These things always take years longer than planned. Although everyone tries to rationally assess things, the sp of hopefuls is run by herd psychology. CRK has been thumped by two negative announcements, while weary holders were already allowing it to trend down.

Eventually the value gap becomes too great and the decline will stop. Im hoping we are there. The brokers will describe this as a spec play. Well, the exploration risk is minimal so there must be a lot of perceived development risk. From my analysis, the reserves/resources looks good. The need for fine grinding (90% passing 75 microns) is a negative. Interested if others have comments on the metallurgy.

Overall, over the last week my perception was that the risk / reward looked too good to let pass.