Chesapeake Gold (CKG.V) Message Board

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

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To: Claude Cormier who wrote (1474)	1/15/2008 5:08:18 PM
From: TrueScouse	Read Replies (3) of 7833

CC: <<This is a lot and should allow to reach N43-101.>> Would this be N43-101 on the entire 30 M oz? That would be nice. :^) <<As for price per ounces on takeover, $50 is not realistic for such a large deposit, should be higher.>> Is $100 more reasonable? <g> There's going to be some dilution because of the "A" shares -- about 9 million to be issued with no further cash coming in. I've lost track of how many shares CKG will have out -- say 40M FD? If we assumed a takeover at $100 per ounce with 40 M shares out, that would be about $75 a share. In which case it's still cheap at $8 a share. I could take a 9-bagger from here. :^) Of course this is all back-of-the-envelope dreaming, but it comforts me when the POG is bouncing up or down $20 at a time! Best regards, Howy

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