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Re: echarters post# 1529

Friday, 05/16/2003 2:52:06 AM

Friday, May 16, 2003 2:52:06 AM

Post# of 3572
Chesapeake intends to use its cash only to provide income for exploration, through the interest they get on it .... very fiscally conservative, it could be argued that this will make their progress slow, limited to whatever the bank/banque du g.w.n. decides to let them have ..... but in any case, their cash will not be used to develop, under the current business plan [as i understand it] ... and they have no plans to go mining, Randy Reifel is strictly an explorationist

Those are the numbers for Alamos? ... they fit fairly well, assuming a PoG of 360 you get the 140/oz profit per ounce after deducting the all-up costs of 220 .... cdn2.91 the share, alright, now we're talkin -g-

Much depends on where gold is going, with the known-deposit plays and producers .... so far this season the shares are saying gold will slack off ere long, they've got lower PoG factored in .... those holding shares are saying, no this time the market is wrong .... possibility remains however, that it is we who are wrong

.... naaah

Tonight i deleted my first post on ihub ... that sleazeball spammer again, he got Zeev's thread and a couple of others too

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