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

To: klinker who wrote (8580)	12/11/2020 4:38:18 PM
From: stuffbug	2 Recommendations Recommended By Jean East toccodolce Read Replies (2) \| Respond to of 9054

Here's another alternative - start with Talapoosa. At $2,000 gold, cash flow could be usd $100 million per year. This would also serve to prove the technology - actual production vs modelling and test results. Capex is low, build out time frame is short and the project could be financed via loan or gold stream. Under this scenario, it would be best for Chesapeake to own all of Gunpoint. Maybe an exchange ratio of .20 -.25 CKG shares plus a warrant for each GUN share. Use Talapoosa cash flow to finance the small scale start-up of Metates. IF majors are impressed by Talapoosa results and metallurgical testing of Metates' ore, then Chesapeake is scooped up prior to the start of construction.