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

To: TrueScouse who wrote (1475)	1/15/2008 7:44:01 PM
From: Claude Cormier	Respond to of 7833

- Would this be N43-101 on the entire 30 M oz? That would be nice. :^) I think yes... but you would end up with mostly inferred resources. <<As for price per ounces on takeover, $50 is not realistic for such a large deposit, should be higher.>> Is $100 more reasonable? <g> Much more. But again depends on economics. The better they are the higher is the premium. Yep..class "A" mves outstanding to 39M shares I think.

To: TrueScouse who wrote (1475)	1/15/2008 8:10:09 PM
From: Zincman	Read Replies (1) \| Respond to of 7833

Hi Howy, FWIW: When I spoke w. Randy last fall, he did mention something about valuation. He stated they focusing on the high-grade section of the property first. Should those numbers come back as planned, and they were able to get their cost per oz down, he felt the market would value CKG to at least $1 to 1.5 bil; based on similar props he was familiar with. I don't recall off hand how many oz's this would represent, but I believe it is near 6mm. Hope this helps. ZM