Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: zoo york who wrote (75662)

2/20/2007 3:04:50 AM

From: Proud Deplorable

Respond to of 313061

"CKG does an atrocious job to keep investors informed, so perhaps you have a better read on their story that I do, but I think that also explains why CKG has performed so poorly in what has been 3 of the best bull market years that the entire sector has enjoyed in 3 decades"

To: zoo york who wrote (75662)	2/20/2007 9:25:59 AM
From: Claude Cormier	Respond to of 313061

Hello Coach, Well glad to hear they have already some indication on the metallurgy. I haven't seen this in print. As for SNN resources, they are N43-101 indeed and I am sure will improve in category as they continue to drill. CKG, of course has no compliant resource yet. But it doesn't mean they do not have gold. Just because the drilling at Metates, Talapposa, Cecilia was done pre-N43-101 doesn't remove the gold from the ground. At Metates, Cambior, which was a reputable company I believe, calculated a resource of 18M ounces of gold equivalent as mentioned in several documents (that is larger than what SNN has and the grade is 40% higher). That carries some value that can be improved by further drilling. Of course, the merger has yet to close, so I should wait before stating that CKG has thesekind of historic resources. In that sense, you are right, CKG and SNN cannoy be compared. As for CKG's perfomance, well the stock is up more than 300% since the start of the bull. Not that bad! No.. I gave no target on SNN, just repeated what RE said. I could see $10 if they prove 11M ounces of economic gold. Time will tell. But what I am saying is that what is true for SNN is also true for CKG and more. BTW, did't say when CKG would be at $20-$30 or more. I agree that CKG is not doing a good job at promoting the stock. But if you read all that has been printed in press releases, annual reports, quarterly MD&A, you get a good picture of what they have.