Aha its the Australian tax issue that's killed this stock. Also over 30 million options and warrants outstanding. May be worth a flyer once the knife stops falling. Cash costs around $700 an ounce now declining to $600 or so next year.
CRK wants to fasttrack the building of a new mill to increase their production rate
cash costs right now are around $700, next year around $600
the main reason why this went down is probably because of the Australian super tax proposal... however it might not go through or at least get seriously weakened, as of today even the ruling cabinet seems to be falling because of this... check the aussie news
i think we are pretty much at the bottom here... of course it might go a bit lower even... but the downside is limited! potential is not...
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