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Bullboard - Stock Discussion Forum 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... see more

TSXV:CKG - Post Discussion

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Post by HuberPeter on Aug 04, 2021 12:19am

Fresh up

Sharestructure ex sedi:
Large Supportive Shareholders: Eric Sprott, Sun Valley and Management own> 40% equity

Panga holds 7.4m shares and thus approx. 11% of the shares undiluted. It is no coincidence that a handful of investors own nearly 50% of CKG. They can't just take the butter off the bread.

https://www.sedi.ca/
I recommend everyone to familiarize themselves with this - 'English' - 'access public fillings'. All insider fillings are documented here. A compulsory research on the topic of 'follow the money'

Panga absolutely convinced me in several personal video calls. Technically and economically very knowledgeable; honest and great track record. He's the perfect interface. 50% copper CV, 50% gold. In any case, he knows very well about the possible analogy of the alkaline heap leach process.

Ex Website:
Alan Pangbourne was Project Manager for the Spence copper project which, when constructed, was the largest single-build sulphide heap leach oxidation circuit recovering copper in the world

It is a bit strange that to date no one else has had the idea to break down metates in the same way as copper oxidation heap leach. Well; CKG is first mover including the technology licensor.

The business case is clearly based on the trust in the CEO to achieve something great again. With so much commitment, the chances are not bad. In addition, his good reputation is at stake and he wouldn't be cucumbering at CKG for years if he wasn't convinced that he could lead Metates in production.

Meanwhile promo tour is running and nice 'hidden' bids have been forming in behind.

youtu.be/EepgQc7znT0
youtu.be/c5kHbSMmTcs
 

Peter 

Disclosure: I am with 70,000 pieces at 4.24 cad. 

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