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Politics : Gold and Silver Stocks and Related Commentary -- Ignore unavailable to you. Want to Upgrade?

To: jimsioi who wrote (1087)	12/19/2004 6:32:14 PM
From: Claude Cormier	Read Replies (4) \| Respond to of 18308

<Stock has had a little more bark than most of the dogs in the group as the chart below attests.> Well Jimsoi, we are in CKG since $1.70 in mid 2002. So for us, that is an excellent performance for a stock that had no properties back then. < I own a little, but superior performance can end quickly if your rocks don't have ore, and especially when they have to come to market for more cash...> Well right on the first count.. they might not develop an economic reserve on their first property. But they have lots of properties to work with and $26 millions in the bank. Forget about the idea of them coming to the market for more cash. <We all know their prospectors can stumble over a rock, call it an identified reserve, rush to the market do a bought deal, do some more drilling that takes years, promise a feasibility study, go for more financing, let the shareholders get taken to the cleaners by the Canadian brokerage crooks, THEN MAYBE come through with a feasibility study that shows they can make 15% after a road and power is put to their remote, dangerous, inhospitable location BUT they need another half a billion dollar to get started SO more private (pirate) placements, debt and shareholder dilution....> The above is the definition of the average junior. Chesapeake is not the average junior. It is a real business with people that have only one goal: to increase shareholder value. That is why CKG still has more cash now than when they were formed in 2002. They also have more world class targets than most average gold companies. They took 30 months to assembled these targets. They did it by very carefull exploration of over 100 properties. They have yet to drill a single hole because they do so only on properties with very high probability of discoveries. They do not spend a dime on promotion, because they believe that the bottom line will be there promotion. <Without $500 Gold I am wondering are there enough fools being created (or left) to elevate many of these aspiring juniors past $5 per share...> What counts is the market value net of cash. Have you done the exercise of comparing many of the popular juniors (those who are promoted and do not have any resource) with CKG on that basis. BTW, CKG is not only a junior. It is also the exploration arm of a few seniors that know Randy Reifel and his team. They are waiting in line to take over CKG.

To: jimsioi who wrote (1087)	12/19/2004 7:17:53 PM
From: loantech	Respond to of 18308

<.....excuse my bad attitude, but, admit it, generally speaking the lower tier miners, particularly the junior explorers, have been one poor group to be long this year. They certainly were not buy and holds> Yes compared to the dow the S&P or the Daq. The junior explorers held their own after impressive gains the prior 2-3 years. <little financing grease with fix that...)> ?? Uh?? < a little more bark than most of the dogs in the group> Well CKG is named after a breed of dog that Randy owns, the Chesapeake Breed, a bird dog. So yes CKG is in a sense a dog. But is it a "dog"? No and I don't mind owning it. I admit to normal trepidation before a drilling campaign but I trust Randy's team and past success and his money management skills against any chart or TA analysis in the books! Period. <Without $500 Gold I am wondering are there enough fools being created (or left) to elevate many of these aspiring juniors past $5 per share...> Well FGX hit 22 bucks or so at take out at 375 gold so with 500 gold and as many ounces if they find it CKG will do much more than 5 bucks. JMHO. I am long the stock. <What's CKG doing that is different from this standard routine Finding Gold. Difference in 2005. Not sure but I have placed my bets long so let's see how the dice shake out.

To: jimsioi who wrote (1087)	12/20/2004 12:31:52 AM
From: Proud Deplorable	Respond to of 18308

Senior gold companies egotistically stumbling all over each other scrambling to get the title worlds biggest gold producer is one sorry joke. Cannibalising each other does nothing to help find new resources. These companies will eventually die without taking over good juniors with decent resources. But it is true that it is easier to identify the games these days. Pump and Dumps are everywhere but easily exposed, witness SUR recently (opinion of course). Most of the same old evil characters and slimeballs are still around and what they are waiting for never came in 2003. Too bad for many of them because they played their cards already thinking that new blood was coming into the sector that would lift all the boats at once in the high tide that never came. Without J6P there is no hope for this sector to bring the similar huge rewards we saw a couple years ago on the Nasdaq. As far as CKG? Don't forget that RR is a director of GLG. All he needs to do is do his job properly, bring home the bacon and thats it. He has the reputation and he has the audience he needs and doesn't need to promote at all. That said, I've never seen a company promoted so much on a general thread such as this one as CKG is.