better than money in the bank, page-21

Richardpossum,

You seem to be very passionate about Carrick and after reading as much as I can on Carrick gold over the past 24 hours, I would appreciate your thoughts on the following.

based on an IGV of $20 an ounce for inferred, $30 an ounce for m&i I would suggest that the CRK is currently worth approximately $95,000,000.00.

67 cents per share + 14 cents cash. it would be reasonable to discount the cash value to zero on the basis that it will be used in further resource definition.

Are you able to provide any information as to why the market has discounted this stock considering exploration costs are well resourced and significant upside potential exists.

There also appears to be some underlying concern that they are in no rush to get the gold out of the ground. A pre feasibility study commenced quite some time ago ? Any ideas on the daughters intentions ?