resourse stock magazine report on carrick, page-7

G'day Taifatt.

"Suffering, sure! And for Mr Freedman, he has all the time in the world to call and write to shareholders of TLZ urging shareholders to vote against a resolution that will impact the value of TLZ, the company share prize and status of TLZ in eyes of the investors. [TLZ was one of the stable coys of the late Frank Carr, with CRK and CNK]"

If you think that Telezon has been a cakewalk for it's shareholders then you do not know much.

Telezon has had more names and reincarnations than I have had hot dinners and it was only because Frank Carr dragged it kicking and screaming out of administration that it survives today. I would also think that Laurence Freedman helped Frank with that process and has a lot of skin in the game through his company Link Traders. Why should he not protect his interests?

I have held Telezon for 10 or 12 years and it is only now with the new managment that it is finally looking like it will be a big success.

I spoke with Laurence Freedman at the Carrik AGM and I can assure you he is capable of juggling more than one ball at a time.

With all due respect to the late Frank Carr, Carrick was going down hill quicker than a catfish on a waterslide. The 4 million ozs are probably there but there was no accurate drilling and qualifying to make it any more than a rough estimate.

The current board has been there only about a year and will do great things with Carrick, however it takes time.

Laurence Freedman is recognized as one of Australia's top business men.

Lockitt