RE:RE:Still losing moneytrivela wrote:
Agreed, they are still a very high cost producer that needs gold above $1,400 to break-even. The new management team is much more straightforward about the issues facing the company, but, with a zillion shares outstanding and limited production growth potential, there's very little they can do.
You're right! The solution is not to cross your fingers and see the gold prices increase above $ 1,400. The solution would be to drastically reduce the AISC is around $ 1,300. BAA product 2 times less gold (22,000 ounces), it has a AISC around $ 1050 and the share is $ 0.50! So CRK should be at least $ 1!