Some three years ago on the 31st of October 2007 Carrick Gold with 112ml shares on issue hit an intraday high of $2.27
The price of gold at that time was US$790oz
Three years on with 139ml shares on issue and a Measured/Indicated/Inferred resource of some 4.1ml oz Carrick sits at $0.49
Current price of gold US$1,347.00oz
A glance at the five year chart
and at the ten year chart
gives an indication of where gold is heading.
Where is Carrick Gold heading?
In my opinion, they are heading forward to production to realize the late Frank Carr's dream of taking full advantage of the future high prices of gold
A company such as This One would greatly assist in achieving this goal
Buy in Gloom Sell in Boom
CRK Price at posting:
47.8¢ Sentiment: LT Buy Disclosure: Held