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

To: Claude Cormier who wrote (127)	1/9/2003 9:43:29 AM
From: Jon Matz	Read Replies (1) \| Respond to of 7833

I expected that a break of $352 would put a floor at that level. Yet you say we may be topping? Can you offer us some idea of what levels to watch for, both up and down from here that would mark a breakout in either direction? Thanks, Jon

To: Claude Cormier who wrote (127)	1/9/2003 12:31:58 PM
From: Cage Rattler	Read Replies (1) \| Respond to of 7833

Yes, the trend in the price of gold is the obvious bet here -- and I would surmise that those of us who are long find no compelling evidence that the price of gold will falter considering Iraq, Korea, US-dollar, terrorist activities, hedged miners being squeezed, etc. Yet there is nothing to explain the technical strength we see with CKG.V. On the surface other miners such as DROOY and GLG, both solid and unhedged, have failed to shown 3-fold appreciation during the same time frame -- additionally, there has been essentially zero pull back. Something is going on and I'd feel a lot more confident if we were not .V associated.