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Gold/Mining/Energy : Chesapeake Gold (CKG.V)
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To: Elizabeth Andrews who wrote (507)5/13/2003 9:50:40 AM
From: Claude Cormier  Read Replies (2) of 7835
 
<Nobody in their right mind would be long a stock with two properties at this stage each sporting a 25 million market cap. >

It is $US 25M for both of them, not each. A bit rich at this stage, but not that much.

I like SML. But I would'nt say it is much cheaper than CKG. Wait for the next round of financing and dilution. You will end up with 100M shares (already 53M fully diluted) in the next couple of years.

CKG has the cash and will not dilute.
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