Chesapeake Gold Corp V.CKG

Alternate Symbol(s): CHPGF

Metals & Mining Industrial Metals & Minerals

Chesapeake Gold Corp. is a Canada-based mineral exploration and evaluation company focusing on the acquisition, evaluation and development of major gold-silver deposits in North and Central America. The Company’s flagship asset is the Metates Project (Metates) located in Durango State, Mexico. Metates is 100% owned by the Company and is located about 175 kilometers (km) northeast of Mazatlan in Durango state and is an undeveloped disseminated gold and silver deposit in the world. The Metates property is composed of 12 contiguous concessions totaling about 4,261 hectares (ha) in area. The Company also has a portfolio of exploration properties in Mexico comprising approximately 115,484 ha in the states of Durango, Oaxaca and Veracruz. Its Lucy project comprises about 483 ha and is five kilometers (km) from a paved highway. Its Talapoosa gold project is a low-sulphidation gold/silver property in the Walker Lane gold trend of western Nevada, approximately 45 km east of Reno.

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Chesapeake Gold Corp

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Comment by ja_prufrockon Dec 10, 2013 10:36pm

285 Views

Post# 21992719

RE:Any hope left?

Fe++,

1) Grade is low, but the quantity is huge.
2) Plenty of Cash.
3) Good share structure.
4) Mr. Reifel has done it before. He is a tight fisted manager, and a great negociator. Good people make things happen even with marginal grades; bad pople will screw up a steel ball.
5) Other projects on the horizon.
6) The inevitable is not necessarily immient, so the ability to wait it out is an individual decision.

Kind Regards,

JA

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