why carrick gold? priced at $8 per ounce, page-20

Well said hobo-jo. We should also remember that over one million ounces are already indicated or measured reserves. Converting the remaining ounces from inferred resources into measured or indicated reserves will add very significantly to the value of the gold in the ground. Frank wouldn't be happy at the way the share price has gone but it does give opportunities for bargain hunters.
I'm appalled that management have not done any thing to inform shareholders about what is happening on the PFS or how the upgrades are going. It is only fortunate that the majority of shares are held by two individuals and this will prevent a pirate like raid.