RE:RE:RE:Stockwatch write up on CKR - Positive exposure Well guyf I see your points, Market cap of 1.5 million but what are they currently carrying for debt? What did they do with all monies raised last year with the big PUMP and what % do you actually think went to exploration. None of Englands co,s in the last few years have ever produced an income AIX,ABR,CKR and GNM but he has sure raised a lot of money to keep the office staff and his own pockets lined along the way(if you go to the reuters website and search these co,s you will see what he sucks out of them just in salary alone,as of last filings it was close to 250K a year and that don,t include his expenses that come out of the kitty also)
This 10 cent PP will get filled ala 15-1 rollback and SP currently around 13 cents and some suckers will line up thinking they will either recoup some of thier losses or make a buck and hold warrrants for free. It will keep England,s pockets lined and the office staff going and start the dilution train again.
Sure they got good graphite no,s,but picking your sample location is easy, you don,t think that they spent some time finding the sweet spot? What happened to the so called drill program from last year after the big PUMP and the posters on this board that were contacting IR and told good things are coming last year(and I am not talking about rollback)
In the NR why wouldn,t they mention the so called co that is wanting to look at thier samples(whats the big secret) Sounds like another load of B S just to get the PP closed and keep thee office going, and when they close the PP don,t be suprised if we see less than 25% or even 10% go to actual exploration costs. This is the problem with so many of these scummy venture co,s
Cheers Just my opinion JMC