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Business Description: Carrick Gold Limited (CRK) is a gold exploration and development company with a portfolio of projects located in Western Australia. The Company’s suite of tenements covers an area of approximately 1320 sqkm. CRK focuses on four main projects, namely, Lindsay’s, Kalpini, Mt Jewell and Kurnalpi projects, collectively the LKK Project.
Strategy Analysis: CRK intend to deliver shareholder returns through the discovery, delineation and development of gold and nickel resources. CRK aim to achieve this via maintaining low cost of discovery on existing consolidated tenement holdings in the North Eastern Goldfields. In addition, CRK maintain a project pipeline with targets at differing stages of maturity whilst also identifying prospective targets for future acquisition and development. Finally, CRK is open to exploring joint venture options for non-core/high risk targets which will enable continual exploration and discovery on its greenfields prospects.
The Age 19/06/2013 |
The bullish sentiments on the sharemarket earlier this year have been challenged by a correction that has taken the All Ordinaries Index down about 10 per cent from its May highs. Many investors are now asking how deep the current correction is likely to be.
The Age 19/06/2013 |
Done well, value investing is a successful, safe way to invest. The logic of the approach - buying an asset for less than its underlying value - is irrefutable.
The Age 19/06/2013 |
Snowballing debts and no means to repay them ... going bankrupt is the last-ditch option for those in a financial hole too deep to climb out from.
The Age 19/06/2013 |
One of the weapons an individual has over institutions is time, and with real value emerging at the micro-cap end of the market, smaller stocks are an area worth holding on to.
The Age 19/06/2013 |
Spending 10 days in Japan gives one a good overview of what they call "Abenomics" and its impact, and that includes also being here for one of the biggest drops on the Japanese market in weeks.
The Age 19/06/2013 |
Lend Lease has moved to allay investors' concerns with the issue of a formal profit guidance of between $540 million and $550 million for the full year, despite the weakness in the construction sector.