Chesapeake Gold Corp (CKG)

[amarksp]

well, yes and no...?

a bulk tonnage project which is close to surface and 1 gram per tonne average is just fine... what I cannot tell from the drill maps is exactly how deep the holes are. appears many are being drilled horizontally, so 230 meters does not imply 230 meters total depth...

I certainly am no expert on drill hole maps and gram meters..., but as you know there is a huge difference on gram meters needed for a bulk tonnage project vs. an underground pit.

But you are likely right, the market prefers to see high gram meters and could care less about depth and larger capex required, until they have to build the mine then all of a sudden they worry MUCH about large capex !!!

So just forget about those gram meters altogether and put it all in RNC like you did with MOY..., roll those dice on a producer and start praying...