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


To: Elizabeth Andrews who wrote (616)5/27/2003 10:53:33 AM
From: TrueScouse  Respond to of 7835
 
Liz:

<< If you buy a junior for its cash position you usually get badly screwed.>>

I didn't. I bought it for it's experienced management and exploration potential -- just like I did with Francisco (FGX) a few years ago. My total investment in CKG is less than half the significant profits I made in FGX.

Different strokes for different folks...

Regards,
Howy



To: Elizabeth Andrews who wrote (616)5/27/2003 1:40:32 PM
From: Claude Cormier  Read Replies (1) | Respond to of 7835
 
<If you buy a junior for its cash position you usually get badly screwed. >

Indeed. They can sell at discounts to cash if that is all they have. Glad to see CKG with world class properties and still on the acquisition trail.