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Chesapeake Gold Corp V.CKG

Alternate Symbol(s):  CHPGF

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.


TSXV:CKG - Post by User

Post by MaterialsManon May 12, 2024 10:47am
192 Views
Post# 36035807

Maybe too long

Maybe too longI've been holding on to Chessy since the get go.
Am beginning to give up any hope.
In spite of having one of the largest in situ precious metals recources in the world, the share price just continues to flounder even with record gold prices.
I think the biggest impediment to any progress, is the policy being established by the Mexican government.
With the upcoming elections in June, it looks as if things may go from bad to worse.
Very sad.
Maybe it's time for management to sell all the assets, distribute the proceeds and the remaining cash, then close up shop.
May CKG R.I.P.

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