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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

Chesapeake Gold Corp > Maybe too long
View:
Post by MaterialsMan on May 12, 2024 10:47am

Maybe too long

I'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.
Comment by beenaroundagain on May 13, 2024 1:15pm
after holding it this long why give up now!  just crossed a 52 week high.  Mexico will come around.  they need the industry and the investment.
Comment by MaterialsMan on May 13, 2024 9:20pm
Maybe you are right. Any idea why it's up 20% today. I can't find any news.
Comment by beenaroundagain on May 14, 2024 2:12pm
no idea.  but up again today and nice volume too
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