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Gold/Mining/Energy : Copper - analysis -- Ignore unavailable to you. Want to Upgrade?


To: Martin Wormser who wrote (2085)2/11/2012 6:48:27 PM
From: LoneClone  Respond to of 2131
 
CKG has no interest in going into production. What the Chesapeake cult is counting on is Randy Reifel -- who says he is going to retire after selling Metates, which I don't really believe -- repeating his feat with Francisco Gold; making a ton of money for patient shareholders. The company dod accumulate a number of proerties over the years, but since Metates came along, getting a feasibility study done so it can be sold has been the primary focus.

I look for management that is good at what they do and sticks with it, and Chesapeake's is a perfect example of that. it's not often a team is good at exploration, development, and mining.

LC



To: Martin Wormser who wrote (2085)2/11/2012 7:29:13 PM
From: jrhana  Respond to of 2131
 
You clearly know more than I do. But I believe (almost as in intuition) it to be a good buy at about these prices.

There are multiple involved properties although Gunpoint seems to have control of most of these.

However CKG owns some 81% of Gunpoint

I believe that Metates is a monster (at these gold prices) and will sell for quite a lot of moolah