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Gold/Mining/Energy : Chesapeake Gold (CKG.V)
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To: TrueScouse who wrote (1475)1/15/2008 8:10:09 PM
From: Zincman  Read Replies (1) of 7833
 
Hi Howy,

FWIW: When I spoke w. Randy last fall, he did mention something about valuation.
He stated they focusing on the high-grade section of the property first. Should those numbers come back as planned, and they were able to get their cost per oz down, he felt the market would value CKG to at least $1 to 1.5 bil; based on similar props he was familiar with.

I don't recall off hand how many oz's this would represent, but I believe it is near 6mm.

Hope this helps.

ZM
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