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

To: TheSlowLane who wrote (5846)	8/3/2011 5:32:08 PM
From: marcos	5 Recommendations Respond to of 7833

There's never been but a miniscule fraction of a doubt in my mind that RR would make Metates work out, the only question was when, and it obviously was going to take a while ... meantime the levels of hope and glory seem to ebb and flow, Miz Market has her moods, they make for trading opps, which is great because we all like to play with the little buttons Metates is low-grade for sure, but that's what you want for leverage, long as you've got massive tonnage which you certainly have here ... and long as energy prices don't go absolutely through the roof, which they're nowhere near at the moment, you can still buy petrol considerably cheaper than bottled water, a situation that future generations will look back on with amazement, possibly a fairly high level of disgust as well one suspects ... however in between now and then, that gold is going to come out of the ground, encouraged to do so by the folks who come up with the two and a half billions purchase price [rolls off the tongue even better than 'billion and a half' doesn't it], combined with the capex of [sotto voce] um, three billions ... so, um, this might take a bit more than 'two weeks'