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


To: Claude Cormier who wrote (547)5/15/2003 9:39:10 AM
From: re3  Respond to of 7835
 
i think i tried to tell her that but you have the details at your fingertips which maybe helps !



To: Claude Cormier who wrote (547)5/15/2003 11:49:35 AM
From: Elizabeth Andrews  Read Replies (1) | Respond to of 7835
 
Okay I missed the low by a bit but that doesn't alter the logic of the argument or the basic facts. FGX remained significantly under valued for a long time as I pointed out very often as you will recall. Now I think CKG may repeat this and trade lower for awhile. That's all I'm saying. I love everything they are doing. It is just overpriced right now in my view. That's all.

As it was the correct thing to sell other stocks and buy FGX in 2000, which I encouraged people to do, I now think selling CKG is the correct thing to do as I believe there are stocks that provide far better value than CKG right now.

I don't get paid to do this by the way, and if I have to explain this basic logic to someone who does receive payment for advice it makes me start to wonder what you are defending sometimes?

And, it is not a different environment right now than 2000 as money always should and does migrate to the best relative value. Not recognizing that principle leads to a short life as a speculator. The environment is constant as this discipline always applies.

I kind of feel like I've attacked the Pope by saying he's not quite as religious as he used to be. Is this your complaint? Are you getting phone calls from the Cardinals?