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Strategies & Market Trends : Ride the Tiger with CD

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To: Claude Cormier who wrote (52007)5/17/2006 1:05:25 PM
From: C.N.S.  Read Replies (1) of 313022
 
>>CKG recognized the potential value of a merger with AAU. At gold $550 some said it was a dumb move. But now that gold has shown that it can move a few hundreds dollars very rapidly, this merger becomes a brilliant move, that will be worth many succesful drill holes.<<

No comments about the prospects of pre-merger CKG's prospects.

However, I am not so convinced that the merger was an unqualified positive. When the $850 level in gold is triggered, there is another wave of dilution coming to the stock.
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