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


To: jrhana who wrote (654)5/29/2003 11:11:46 AM
From: Claude Cormier  Respond to of 7835
 
<RDU has been a star and it seems like everyone keeps ignoring it >

Not us. I printed a neutral opinion on February 24 when RDU made a high near $1.50. And I printed a buy opinion in early May after it made a higher bottom near $1.04.



To: jrhana who wrote (654)5/30/2003 7:43:12 PM
From: Elizabeth Andrews  Respond to of 7835
 
So far, things look more than decent for the RDU. I don't know why the analysts don't cover it. Actually, I take some comfort in that!

The geology is complex, like always, as there are numerous faults especially thrust faults as the two paltes collide. Some of the faults are fairly flat and drilling below well mineralized trenches in the past has produced zero meaning that the faulting was post-mineral and thrust faults can be difficult to trace backwards in order to find the rest of the zone. This is an area with lots of tectonic movement over a long period of time, which is good because it's how and why the gold got there.

Remember, we have Gold Fields as our partner here and they will figure this out. Deep pockets and lots of brains.