Chesapeake Gold (CKG.V) Message Board

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Gold/Mining/Energy : Chesapeake Gold (CKG.V)

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To: TheBusDriver who started this subject	5/15/2003 2:01:40 PM
From: que seria	of 7835

An unmentioned reason to hold CKG is greatly reducing your cap gains tax rate (true, at least, for U.S. investors). I sold my retirement account shares tax free a while back, but I'm not going to risk being out of the stock (or in it, with a ST cap gains rate) if/when it goes up hard and I want to take profits. If I could have known there would be no big rise in the stock for a year, I'd have sold all of it before now. I can't know that, so I keep some. But I agree with Elizabeth about Stealth. The leverage of smaller numbers makes it easier for Stealth to pop big on drill results than for the much more richly priced CKG to do so, so to me a bet on CKG is a better on much more economic mineralization.

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