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Gold/Mining/Energy : Chesapeake Gold (CKG.V) -- Ignore unavailable to you. Want to Upgrade?

To: TrueScouse who wrote (1452)	1/14/2008 4:08:46 PM
From: jrhana	Read Replies (1) \| Respond to of 7833

Gee Howy. to me the deal was pretty straight forward. Anyone who has taken the five minutes to read the news release should understand it. In fact, the regular posters here seem to have a good grasp on it, and all seem to be in agreement. It doesn't take a rocket scientist. The only slight ambiguity might come in how to count the ninety days.

To: TrueScouse who wrote (1452)	1/14/2008 5:42:24 PM
From: the navigator	Read Replies (1) \| Respond to of 7833

Stick around! Will do. I have you bookmarked now. Nice to find a thread all about CKG.

To: TrueScouse who wrote (1452)	1/14/2008 9:04:20 PM
From: Amark$p	Read Replies (2) \| Respond to of 7833

Personally, I don't even think a major cares if Metates is economic or not, as long as it it economic enough to be classified as 43-101 reserves... "At some point one of the majors is going to decide that it can't resist buying CKG to get its hot little hands on Metates." The majors often get valued on P&P/M&I reserves at over $125 per oz, and Metates is an easy way to boost your reserves by 30 million ounces gold equivalent = $3 Billion. So a major can pay CKG $50 or more per oz. and this major will likely get these same ounces re-rated at $125 per oz.