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


To: klinker who wrote (8541)10/8/2020 8:33:45 AM
From: SILVER BULL  Read Replies (1) | Respond to of 9054
 
Can we see $200+ per share? In the 70's some silver stocks went up 200 times as silver went from $2 to $50. I would expect that they were non-producing juniors with high capex. We are not square with our economic sins of printing and spending and I expect real inflation to burst forth. When it does we could see $4500+ gold and $150+ silver which would take Chesapeake's current value of gold and silver in the ground from $800+/sh to over $2800/sh. Wouldn't that justify a value of $200+/sh to some big miner wanting to replenish their sinking reserves?