With $20ml in cash current value is closer to $10oz
Where are CRK heading?
Well lets quote Mr Freedman
"The next stage of corporate development will be to examine ways to exploit the various gold deposits they hold. It is my hope that my role will be completed within 12 to 18 months," he said.
"Carrick has a substantial gold asset base which it is growing through highly-successful exploration programmes."
"Carrick is debt-free with $20 million cash and so is in a very strong financial position to pursue further exploration, success and to develop its assets into mineable ounces."
Timeframes and goals!
In my opinion we should see an increased flow of information from this point on heading towards project development
CRK Price at posting:
45.8¢ Sentiment: LT Buy Disclosure: Held