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Dear CHK’ers: By now you all should have received the press release announcing that the Board and I have mutually agreed to my resignation as CEO as of April 1, 2013. Although this is due to certain philosophical differences that exist between the Board and me, the separation will be amicable and smooth.
I have the utmost confidence in you and the company’s future and I will always treasure the time we have spent together building Chesapeake into the unique and dynamic company that it is today. In many respects, our accomplishments are unique and I will always remain immensely grateful for the time I have spent with you building CHK into the industry leader that it is today.
My best wishes to you all and onward and upward from here!
Aubrey
Here is the email that AM sent all CHK employees. I keep hearing retirement in the news but that is not the case. He was pretty much forced out of the company.
As far as a buy out goes I simply don't see that happening. AM was a good CEO although a big risk taker he turned CHK into what it is today. With that said I think Chesapeake will only get stronger, as we work towards no debt and more production
Aubrey K. McClendon
Hopefully more green today :)
No problem. Havent seen it public much but CHK is working with a few companies trying to push more Gas Stations to get CNG pumps or CNG in a box. CHK is also working with Trucking company makers such as Kenworth to epuip their trucks to run on 100% Natural Gas.
Lots of good news and CHK is really pushing the industry to become more Natural gas dependant and less foreign oil dependant.
As the US moves away from foreign energy and to a United States energy era look for CHK to play a BIG role in that period/transformation.
I said it wouldnt be difficult, and while charts are nice and do "help" they can hardly fully determine the market. Not many people can predict a 1000% gainer but they do happen.
Again i said it wouldnt be difficult to get to .01 i am not spewing rainbow colored skittles over a sewage plant here.
Personally until this company gets into full production mode and begins to build its revenue who knows where the PPS will go.
Well MoMo says a buy out/new exchange, threw a PPS of 2.00+ in there. Other than him saying all this i have seen no proof of any of this.
All these claims are coming from members on this board.
A new exchange is not going to happen.
A buy out is not going to happen, Asians nor big NYSE boys are interested.
This company is a fraud and nothing about it is remotely real.
Anyone who really thinks you will make money off of this just because of what MoMo is claiming is delusional. Momo has no proof and everything he posts is misleading and specualtion. Next week will pass and the week after that and then a year but Momo and co will still proclaim big news/buyout is coming, and it never will.
The rate we are going as of now along with the news next week it really wouldnt be difficult to get to .01. Look at the steady gain GYST made over last week. up 120+ %.
Hope we get some news early next week sometime. Taking vacation mid Feb and it wouldnt hurt to add some more $$$ to my funds.
My thought is that the worse the economy gets the more useful Elayaway will become to everyday Americans. And the way the economy is going it wont take long.
Even funner thing is that The "business" location is the home of Moroch Partners, (214)520-9700 Call and ask about Southridge Energy LOL. I already have you'll enjoy their answer :)
Hell actually try to Call Southridge Energey yourself (214)699-6255. At the end you get this great massage. It is amazing
Suite 900, 3625 N. Hall Street
DALLAS, TX 75219
i hope cause i'm taking a vacation soon :)
Always good to close a week out with green pretty much everyday, and especially end the week on a good note.
Hopefully good news comes out monday morning before the market opens and sets us up for a big run. I rebought in today so i am already positive :)
Funny how you can click on all the projects and they take you to the project page, hmmm only one that wont open due to error is cinco minas. Weird huh
http://portalweb.sgm.gob.mx/economia/pdf/proymin2012/Cinco_Minas_Mill_JalI.pdf
Shouldnt have to wait long for that, especially with new contract recently signed. Company focusing on Production more than drilling is also going to make the price rise.
A lot of people have been worried because CHK is selling off a lot of assets, dont be chk has a solid plan for the future and a lot of things going on behind the scenes that arent public.
I work in the trucking division of CHK and see where it all begins, we are on a site before there is ever a well. And in South Texas in the last year and a half we have drilled over 700 new wells.
Anyways anything anyone wants to know just ask and i will answer the best i can.
You believe that SRGE will sue them ??? Haha why cause they said we are talking with or legal reps ? Most all their PRs have been full of nothing but talk, nothing has came from any of them.
They are just trying to cover their ass and stop more share holders from running off.
There will be NO law suit, SRGE will be the last one laughing when all of your shares are worth nothing. I have seen this to many times. You will see you have been had soon enough.
You mean the Asians MoMo talked about ??? Has anyhting else been said about Asians purchasing the mine besides from MoMo. Not even SRGE has mentioned it in their fake PR. That would be some mentionable news if it were the case.
Lord i would love to live on fantasy island like some of you for one day....
"conspiracy" remember HAHA
Haha you really think that Kinross screwed anyone ? NO SRGE screwed everyone who was dumb enough to believe the news in the first place.
There is no conspiracy against SRGE like some think. People need to realize they were folled cut their losses and move on. Why continue to fill the pockets of crooks ?
Watching some on here with false hope, and how gulible some of you are is very sad.
Been on this board a little while. Funny to see people talking about a company i work for. Currently working in South Texas at the Chesapeake yard near Pearsall TX.
Not here to promote or anything but it is a great company.
Plus i am also a share holder :)
Wow dude u are so full of crap, quit trying to convince all these innocent people to put money into this scam company.
My portfolio is apparently in the Xmas spirit today cause i havent seen so much red since last december......
No I mean an Empire, i dont mean some Ma and Pop shop that u sell Feed out of.
Look at the CHK charts like i showed you, Tell me did they appear to do the right thing ??? Even with all the Splits. Now this company is the largest producer of Natural Gas in the US and top 10 producer of Oil.
GYST will get there !
Anyways i'm out of posts, but do some damn reearch and you will most big companies started off looking like crap as far as the market is concerned.
First off this is a new company still, secondly you cannot MAKE any money without spending it first.
http://www.google.com/finance?q=NYSE:CHK
Take a look at that, that is my company look at the stock price when they FIRST started out look at their price go up and way down, look at how many RS they had.
Companies cant just be multi million dollar companies when they first get started, and they have to start from some where.
I think you know NOTHING about business managment/progress.
Thought i was part of that paid crew....Oh thats right, getting that overtime ;)
Well i guess America talking Energy independece within the next 15 years is foolish considering they are basing it all off of "reserves".
What a bunch of idiots huh
Yeah i'm not saying they wont BUT if they can keep driving the stock up then i dont think they will need to. I have been through 3 reverse splits. 1 time it went to my advantage and the other 2 they quickly went back to sub penny.
Either way not a big fan of it but i understand why a company does it.
Yeah noone does this for money........... (would be a palm face avatar if it was available)
Couple more ticks and i'll be even, not getting out until i make a nice profit though
Quick question do i need to be positive or negative so my posts dont ALL get deleted ? Simple question
ALL OTC are full of potential ??? Really....Sure could of fooled me. First off most OTC penny stocks seem to be scams they put out fake news involving other giant companies who later claim that they have never talked agreed to anything with that company.
And then you have these OTC companies who have a whopping 15K to their name making claims they are in talks to buy a mulit million dollar lease/other company etc
Sorry but to say all other OTC companies have potential is a little far fetched.
Regardless the future of this company looks bright. Sure we arent all going to turn around and head for retirment tomorrow, but this company has a lot of potential and a lot going for them.
Personally i dont think we will fully see how high the PPS can really go until towards the end of 2013 when all mines are in full swing and 100% producing.
Damn straight, i never use money that i cant afford to lose in the market. My family and bills come first, i usually just take my 3 bonuses a year for the market, but never would i use money i needed.
yeah my average was .008 got it down to .0043 now.
Haha well this is a sub penny stock everyone knows the risk of playing down here. Like it or not people have made money here the last 4 days. Some are holding shares looking for bigger money but regardless we dont need people to tell us what this company is or isnt.
Cause from where i'm stting you know as much if not less about the company as me. Its easy to sit by the the lake and talk about how there is no fish on the other side of the lake.
No no these are all "proven" companies but there is no difference they are guestimating the amount they have. No difference, CHK started off as a penny stock too and went as high as 80 Dollars a share.
Dude i work for the company, how are you going to try to tell me what oilfield companies do and dont do ? Nothing is proven hell as far as resources in the earth, and the companies stock goes up and down on these assumptions.
Dude you think Chesapeake, Chevron, Exxon are scam companies ? All 3 use the terms reserve about resources they do not actually have BUT they know it is there so that is why they use the term reserve.
I'm done arguing with you about this.
Google search i'm impressed. Well you need to report CHK to the SEC then, and Exxon, and Chevron.
The reserves are an estimation of what they have. Generally companies that use the term reserves say alot lower than what is actually there. We are not talking about the US reserve, yes is the term flawed ?? Yeah but many many companies use it in that sense regardless.
Thats my point it is an estimation, its not like GYST has all that gold locked up in a Peru bank haha
I work in the Oilfield, and CHK has enough Reserved Natural gas they havent extracted from the ground to supply texas alone for 10 years.... They call it reserves although they have not touched it. GYST is using the term in the same sense.
You are missing their point of gold "reserves" that means the amount of gold they estimate is in the mine still....
HAHA dude i am not a share holder of SRGE and sure as hell glad i'm not. I work in the Oilfield for Chesapeake Energy and was fooled by a FAKE oilfield company. Lost over 15K to CHMR, believe what you want but SRGE is on the Grey Market for a reason. Have you even looked at the companies value or total worth ?
Do what you want but the guys behind this scam will have the last laugh, not you or me or any member on this board. We're trying to help, what do you think we are getting paid to come here and bash this sinking "gold" company ? Get real man, and look at the facts.