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Gold/Mining/Energy : Mining & Oil Company's Presidents and Management -- Ignore unavailable to you. Want to Upgrade?


To: grusum who wrote (38)2/2/2006 2:53:16 PM
From: ogi  Read Replies (1) | Respond to of 57
 
You are welcome Grusum: I do wown CKG and have for a while now. I bought at $5.75 after it corrected from being overbought because it has a very loyal following. Of course it continued to correct and hit down around 3.65, naturally I did not have any cash available to average down!!!

When I ask will they realize the highest possible value I am only answereing the question as accurately as I can. However, whatever the eventual price I believe strongly that CKG will get many multiples of the current price. At $25.00 this stock would only have a market cap of $500 million. That is well within the bounds of reality. I think you will see continued success drilling the La Gitana area, maybe 2 mil + ozs by the end of 06. Meanwhile they will have at least one JV and possibly drill one more prospect themselves giving three drill programs by the end of 06. We won't know until the drills speak. They are still moving methodically toward where the richest part of the La Gitana system is proposed in their model. Won't be drilling that for another month or two. All the
while they are carried forward with ZERO DILUTION because they have $25. mil in cash.
If they were a market darling, and had big results it might put a premium in the stock, thus they may not "maximize" their potential but they will fulfill their destiny of delineating a minable deposit. So at a $100 mil market cap they have a long long way to go.

Heading out soon,
Regards,
Ogi