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Carrick up 12% on pre-feasibility start

Shares in gold explorer Carrick Gold closed almost 12 per cent higher today after the company announced the start of pre-feasability studies at it's three open-pit mines north east of Kalgoorlie.

The PFS on the company's Lindsay's, Brilliant and Kalpini gold projects, located within 90 kilometre north east of Kalgoorlie will be carrie dout by Golder Associates.

At close, shares in Carrick had risen 11.97 per cent, or seven cents, to 65.5 cents.

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Comments

Byron Bay
This has been one of the best kept gold secrets in Australia. Now the secret is out! With RBC Capital Markets and Purple Communications on board this is going to prove one heck of an investment.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/03/16

1 year TSR5 year TSR
102ndPegasus Metals115%-45%
215thKalNorth Gold Mines31%-42%
311thStrike Resources2%-35%
362ndPhosphate Australia-4%-27%
525thReward Minerals-31%-11%
759 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

26/11/15
$24k Issued
19/10/15
$157 Issued
19/10/12
$30k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

116th↑Reward Minerals$1.5m
117th↑Strike Resources$1.5m
118th↓KalNorth Gold Mines$1.5m
119th↑Phosphate Australia$1.5m
120th↑Pegasus Metals$1.4m
536 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from KalNorth Gold Mines

1253rdLijun Yang$88k
1458thJerry Jiajun Hu$62k
1908thYuanguang Yang$24k
Ranked by total remuneration from all listed WA companies

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