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


To: Elizabeth Andrews who wrote (531)5/14/2003 11:20:38 PM
From: loantech  Read Replies (1) | Respond to of 7835
 
<By the way, the Prudent Bear Fund has somehow accumulated over 2 million shares of CKG in a period when it has barely traded that much.>
Liz I guess Tice of the Prudent bear must be pretty dumb then for buying 12% of CKG at these higher prices uh? Especially if he would have waited he could have bought them at less than $2.00. Or are you saying he bought them right after the stock started trading last summer?
Tom



To: Elizabeth Andrews who wrote (531)5/14/2003 11:39:25 PM
From: loantech  Read Replies (1) | Respond to of 7835
 
<Jeez Tom, you have to start really thinking about these things to make money.>
Let's see Liz where were you when I talked about buying holding and then selling HL for a 4 bagger, what about WTC when you though the overburden would keep it from rising and I had a 3.5 bagger, I know you liked MFL but I was there on a 4 bagger with it. I remember you said RIC was peanuts and you knew people with greater net worth than the value of RIC and I hit a 3.5 bagger on it. Yes I hit a corker on SUL, GNG, PLY but have had my successes.
You don't like CBD (poor recovery etc.) and I bought and sold it at a double. I am back in it. I am up almost 50% on AQI, and over 50% on CKG so I am holding them for a while. BTW I lost $$ on my 1st foray into CDU early this year and sold at a 30% loss but followed your buy point of $1.40 and am now up on a new portion of about 20%. Did you follow your own advice and buy at $1.40?? I plan on holding CKG, AQI, and CDU, and CBD for enough time to make even more $$$. BTW I am even on CBD or down about a nickel on all my shares but it will present an opportunity for a 50% gain before this year is out. So in the short run my stocks may fall but I have a built in cushion. You have some good picks and have kept me out of several stocks I may have looked at but I am going against your advice on CKG. That's my story and I'm stickin to it. <g>
Tom



To: Elizabeth Andrews who wrote (531)5/15/2003 8:14:32 AM
From: Claude Cormier  Read Replies (1) | Respond to of 7835
 
<Now they and the funds are going to unload CKG because it is relatively overvalued>

Sorry Eliz,

What you say is ridiculous. The funds that are in, are there to stay because they know what CKG' teams have.

- More than $1.60 per share in cash that generates enough interest per year to pay for all admin and explo expenses therefore eliminating any possible dilutions. Plus a big cash bonus coming form Glamis by the end onf the year, due to the discovery of more ounces at Marlin.

- Very conservative management that has delivered.

- Exceptional exploration team that has delivered and that is unequal in Mexico and Central America thanks to a large network of local geologists and contacts.

- Two world class gold targets and soon two or three more more.

As for Prudent Bear Funds, don't worry about how they got there shares... insiders are still holding.

Sure CKG is very volatile and may go lower. But this is a long term play with 100% chances of producing the results all investors want. Because of this shareholders are not sellers. Is it overvalued? Well give me names with better specifics. You have declined to do so so far.

<Jeez Tom, you have to start really thinking about these things to make money. >

Being condescending here?