When I read today's Aegis piece, I was somewhat puzzled until I saw it had been reprinted from December. How things have changed since then. Condor has been floated off, reserves have risen by a third with another third to come, new discoveries have been made, J P Morgan has invested in the company, progress is on the way to convert resources into reserves and the share price has dropped 50c! Now that makes sense, doesn't it? With all that good news the share price had to drop. Imagine what would have happened if there had been bad news. The share price would have probably risen. Goes to show how mad the market is.
Seriously though, Carrick is in a great position. Lots of cash, lots of gold and more to come and great management.
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