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


To: Rocket Red who wrote (70682)1/2/2007 4:50:02 PM
From: Land Shark  Read Replies (3) | Respond to of 312637
 
I meant in a general sense. I didn't read the part about BGL. When was the last CKG PR? What are they doing with the scads of cash they're burning? Where's the beef?



To: Rocket Red who wrote (70682)1/2/2007 7:02:08 PM
From: Claude Cormier  Read Replies (1) | Respond to of 312637
 
- BGL has more than hot air

I agree and I never said that BGL had only hot air.

- and CC is way out of line on BGL

It could be. I can make errors. Please let me know BGL main assets and how you value them.

- CKG is hope to me and I don't buy hope stocks at expensive prices

Well BGL has market value near $65M, CKG has market value near $102M (before AAU merger). But CKG has $29M in the bank compared to $5M for BGL all fully diluted before the merger. Those are similar valuations net of cash (CKG: $73M, BGL $60M). So CKG is not a lot more expensive than BGL.

I am sure you have taken the time to understand CKG's mineral assets and BGL mineral assets before you make the statement you did. Care to develop further?