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


To: chummer who wrote (251)1/20/2003 10:37:18 AM
From: Claude Cormier  Read Replies (3) | Respond to of 7833
 
True nothing goes straight up. The problem is to identify the reversals.

Look at this chart of FGX in 1996-1997.. the rise from below $2 to $36 hapened in stages. It may help as a guide.

bigcharts.marketwatch.com

FGX was already near $5 when in Dec 1995 they announced the acquisition of El Sauzal. At that time , they had no ounces less money than CKG and almost same number of shares out.
These where other times. It will be interesting to find out how 2002-2004 unfolds for CKG. Lets hope for a discovery.