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


To: Little Joe who wrote (129)1/9/2003 10:35:47 AM
From: Claude Cormier  Respond to of 7833
 
<I believe there is more than meets the eye >

Maybe that is the case. We may find out in the weeks and months ahead.

Look at SWG. From $2.50 to $15 in the last month or so. Same numbers of shares outstanding as CKG, but only 1/3 the cash. No drill results on their Boca prospect. Only surface results and tunnels (similar to pits) sampling.

When one read the following last press release, he has all reasons to be as optimistic as SWG shareholders. Especially, this excerpt tells al lot:

"The gold mineralizing system at La Juliana appears to be both structurally and lithologically controlled. Zones of high-grade gold mineralization extend for more than 500 metres along a major north-northwest-trending fault. Several rock-chip and channel samples taken from pits excavated along the fault, two to three metres deep, returned gold grades ranging between 13 grams per tonne and 77.2 grams per tonne."