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


To: Bat Man who wrote (2119)10/16/2008 9:28:41 PM
From: daveinmarinca  Read Replies (1) | Respond to of 7833
 
Reviewed my copy. Not withstanding today's price action, looks to me like we've got a gold mine.....now we need to find a buyer. Assume the potential operator would participate in the "multi-tasked work program" concluding with a NI43-101 Preliminary Assessment in 2009??? Please help us out here Claude. TIA



To: Bat Man who wrote (2119)10/17/2008 3:16:01 AM
From: TheBusDriver  Read Replies (1) | Respond to of 7833
 
I liked what I read...it is in line with what I expected....potential for expanding looks promising but only one hole is not enough to get excited that way yet.

We already knew the ore was "difficult".

Disappointed that assay's are on average 15% lower but looks like CKG will be able to compensate for this....by expanding the resource and offsetting cost.

I expected bio-whatsit...so the roasting was a surprise....but makes sense if sulfuric acid will lower the cash cost down to $150...plus co-generation and zinc credits all help the bottom line.

The big question now will be recovery rate?

Looks good to me, but I am a bozo. CC will have something to say I am sure. Probably everyone was emailing him last night anyway<g>

oh, and they need to learn to spell "sulfuric"....but who am I to talk?<g>

Wayne