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.

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

To: TheSlowLane who wrote (6251)	12/15/2011 4:57:40 PM
From: Amark$p	Read Replies (2) \| Respond to of 7833

Great to see BOTH the capex and cost savings from going to natgas... "The construction of the natural gas pipeline will address the largest single area of operating cost at the Metates project at no direct capital cost to Chesapeake. Moreover, this pipeline affords the opportunity for further operating cost savings and synergies in numerous other areas. Chesapeake looks forward to integrating these new positive developments into the upcoming PFS."

To: TheSlowLane who wrote (6251)	12/15/2011 5:35:53 PM
From: marcos	Read Replies (1) \| Respond to of 7833

Steady supply of affordable natgas can't help but help, sure be a lot cleaner compared to coal ... but before getting to that, i was stunned all over again by the 759k ozs Au and 20m ozs Ag per annum - seems to me, that's a lot, let's call it 1.25m ozs AuEq, divide that into current market cap [47.5m f.d. times 11.73] of 557m, means you pay only cdn445.60 per ounce of annual production ... of course there's capex to spend first, and it might amount to <cough> a few bucks The trading wts ckg.wt expire end of feb, so there's cdn36m coming in ... it's a start, lol One quibble with the release, Topolobampo is mispelled, and not in the usual way either ... unforgettable place this, quite small a few decades ago, always had a mixture of just about everything and everybody, had miners before too, mostly to hang out all winter fishing and drinking ... the most cosmopolitan of mexican port villages, or was once anyway, second-best place in the world [after La Paz] to put your feet up and read Steinbeck's Sea of Cortez Added a few more shs today, getting near half-way back in