undervalued atm

From the latest investor presentation:

Carrick Gold
World class Gold & Nickel deposits, gold expected to be in production
by late 2009, significant resource upgrade and exploration upside
Production
! Jan. 2007 JORC compliant gold resource
> 3 million ounces c. 700K measured and
indicated
! Orebody blockout drilling well advanced
for 1st open-cut pit to 100 metres depth
! Targeting initial 1.5 m ounces at Parrot
Feathers ( comprising 600m of a 4.5km
strike length)
! BFS underway
! Expected production by late 2009
! >10 year mine life at 150K ounces p.a.
based on Parrot Feathers resource
Exploration
! Landholding area over 450 km2
(45,000 hectares or c. 100,000 acres)
! 3 advanced gold projects
! 14 Nickel targets over 9.5km strike zone –
including massive sulphides/black water
! Exploring in areas known for ‘elephant’
gold deposits
! All tenements & projects 100% owned