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Gold/Mining/Energy : Chesapeake Gold (CKG.V) -- Ignore unavailable to you. Want to Upgrade?

To: Claude Cormier who wrote (107)	1/2/2003 4:42:05 PM
From: ogi	Respond to of 7833

I haven't studied the Holly prospect in detail Claude. I have followed RDU for over year because: -they have a massive land position in an underexplored highly prospective area. -they have a track record of exploration success -they appear to spend money wisely -they have a strong JV with goldfields -they have a fair share structure with good cash and the ability to raise more And now they have a 100% property with seven scout drills spread over 1km by 1km producing prolific results with equally prospective ground surrounding the drill area. Once they had results that were 100% theirs in an emerging gold bull market I jumped in. I have not tried to calculate how big the Holly prospect could be. Nor do I think my calculations would be very accurate. To me, as a layman, it appears to have multi million ounce potential,it is very early. Wish I could give you a more "informed" assessment but I can't know the geology as certainly as I can know that the management will do the best job of trying to prove up an economic deposit that will enrich both shareholders and mngmnt. The show is now clearly on for RDU !! Regards, Ogi