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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: Rollocaster who wrote (51999)	5/17/2006 12:09:05 PM
From: Claude Cormier	Read Replies (2) \| Respond to of 313013

Most market participants in the precious metal markets failed to understand that there is a lot more to do before punching holes in the ground. Acquiring quality properties and developing quality targets through basic geological work is what comes first before punching holes. CKG has now a mining district in its pockets where the odds of a major economic discovery are excellent. That is the forest. Too many will be stopped by the few trees cut at Cerro di Oro, even if there were some big ones. Creating value takes time and they will spend dollar in drilling at the appropriate time when the odds are high. CKG recognized the potential value of a merger with AAU. At gold $550 some said it was a dumb move. But now that gold has shown that it can move a few hundreds dollars very rapidly, this merger becomes a brilliant move, that will be worth many succesful drill holes.