SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: Land Shark who wrote (70686)1/2/2007 4:53:20 PM
From: Rocket Red  Respond to of 312666
 
There is no beef cause if there was it would be out in the market already



To: Land Shark who wrote (70686)1/2/2007 7:23:33 PM
From: Claude Cormier  Respond to of 312666
 
-When was the last CKG PR?

October 30th

-What are they doing with the scads of cash they're burning?

First they are not burning cash as they are extremely conservative. They are now doing surface work all over Mexico on their 500,000 plus hectares of undeveloped lands and slowly developping world class drill targets that will be either drill by themselves or joint venture partners.

- Where's the beef?

Not counting the coming merger, they have probably above 1M ounces of gold in inferred or historical resources on two targets that have been drilled positively. Also more than a dozen of large size targets with 3 already joint ventured and many others either at or near drill ready stage for new joint venture partners or for drilling by CKG themselves in 2007. I think that drilling starts next month at La Curacacha and that El Tecomate, La Cavalera, Rio Minas and new stuff in Chihuaha will likely follow over the course of the year.

The merger, if it closes, will bring new staff and new exploration work. I think it is discounted right now as some market participants may have sold CKG to buy AAU in recent months.



To: Land Shark who wrote (70686)1/2/2007 7:47:46 PM
From: Zincman  Respond to of 312666
 
<<What are they doing with the scads of cash they're burning>>
According the president, they spent much more than they 'ever' expected for legal council.
The legal issues w/ the AAU deal have been far more complex than previously thought.

I sure hope they provide some positive surprises to shareholders in the future.

ZM