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Gold/Mining/Energy : Chesapeake Gold (CKG.V)
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To: Elizabeth Andrews who wrote (531)5/15/2003 8:14:32 AM
From: Claude Cormier  Read Replies (1) of 7835
 
<Now they and the funds are going to unload CKG because it is relatively overvalued>

Sorry Eliz,

What you say is ridiculous. The funds that are in, are there to stay because they know what CKG' teams have.

- More than $1.60 per share in cash that generates enough interest per year to pay for all admin and explo expenses therefore eliminating any possible dilutions. Plus a big cash bonus coming form Glamis by the end onf the year, due to the discovery of more ounces at Marlin.

- Very conservative management that has delivered.

- Exceptional exploration team that has delivered and that is unequal in Mexico and Central America thanks to a large network of local geologists and contacts.

- Two world class gold targets and soon two or three more more.

As for Prudent Bear Funds, don't worry about how they got there shares... insiders are still holding.

Sure CKG is very volatile and may go lower. But this is a long term play with 100% chances of producing the results all investors want. Because of this shareholders are not sellers. Is it overvalued? Well give me names with better specifics. You have declined to do so so far.

<Jeez Tom, you have to start really thinking about these things to make money. >

Being condescending here?
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