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Gold/Mining/Energy : Chesapeake Gold
CKG.V 2.700+15.9%Nov 28 3:59 PM EST

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To: bigg dummy who wrote (8403)6/11/2020 5:38:19 PM
From: klinker  Read Replies (1) of 9054
 
gold can be a life jacket in times of economic uncertainty and crisis. I highly suspect the gold price was taken down in the financial panic today. I suspect it will become a go to safe haven asset when cooler heads prevail. I suspect the run for $1800 gold is on.... i don't know why randy hasn't closed a del on talapoosa as of yet. The irr of return was somethinglike 32% @ $1150 gold. In my guestimation It has to be around the 50% irr mark now. Surely It is virtually a license to print money. Capex was only just over $50 million a few years back.
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