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Gold/Mining/Energy : Clear Creek Resources - CK/VSE -- Ignore unavailable to you. Want to Upgrade?


To: Wizzer who wrote (142)7/9/1998 7:51:00 PM
From: Natedog  Read Replies (1) | Respond to of 150
 
Hi Wiz.
My reasons for stating it that way is because IR seemed to of hinted that CK my go at the Postmas alone. Excellent news if you ask me!
We then get to eat the whole pie instead of just a large piece if it does happen.
My thoughts behind the price decline whether correct or not lead me to believe that a financing is in the works!? Since the market is rather thin on both sides it would be very easy to knock down the price to achieve the average number of days required to get the desired financing level for whomever the lucky buyer might be? Yes ive seen it before. They would then get more shares for their "hard" earned cash. With ease, it then should be able to move quickly back to a more reasonable level because of such a gentle slide in the price in the first place. Back to the same saying that who in their right mind would sell here since the company is so young and it has all be taken down at higher prices and not to mention that CK is WORTH ALOT IF THEY STRIKE! Plus GH+
Drilling the postmas will cost somewhere around 350,000 for all the drilling of the pipe,dike,results and so forth. Ck has close to that in the bank, but when it can all be taken care of for a reasonable price, why not go for it. We will all reap the rewards in the not so distant future of owning all of Postmasburg if that is the case. I can't say enough good things about the Good hope at this point. It is worth a killling to Clear Creek if they can actually get the balls rolling. I hope Shania is right because I have certainly been disappointed this week.

PS. Welcome Shania