why carrick gold? priced at $8 per ounce, page-41

Just spoke to the son of Frank and Elaine Carr (I assume) on the phone - I didn't catch his name - sorry. He was very accommodating, polite and understanding.

I offered my condolences to him and his mother re the recent passing of his father and got down to business.

He's upbeat. Didn't let anything new slip. I asked about possible takeovers and the "blocking stake " that he and his Mum have and he said there is no way that there would be any entertainment of "silly" offers during this period of low SP. A historic price of 2ish bucks rated a mention but not in any definitive context....

In response to one of my numerous questions he mentioned some of the crazy bids (6 cents under etc) and the trades of 3 shares etc - So I put it to him that it's being manipulated by JPM and he hosed it down and said he can't comment etc...."I can only discuss info that has be released to the market" but we all know to expect that one.

He knows what they have and they are gonna hang onto it.

As has been stated previously, management of the SP isn't a consideration. They are flat out working on the scoping study I would presume and they would expect the SP to catch up when the (elusive) PFS - and the associated JORCed resource - is announced. They must have faith as they have a lot riding on it.

As a layperson in this field, my analysis is basic and possibly flawed but having spoken to Bevan Jaggard on a previous occasion, and now Frank's kid, I gather they are honest hardworking people that really believe in the potential of CRK. We also know that Frank was a savvy businessman and a passionate defender of CRK. That's good enough for me.

As always my sentiment is LT buy. Patience is a virtue.....sigh.