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Chesapeake Gold (CKG.v) looks Undervalued


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Chesapeake Gold  (CKG.v) looks  Undervalued

> LIST of : Undervalued stocks > https://www.stockcalc.com/blog/BrianD/2017/09/25/shaw-communications-sjr-atsx-and-storm-resources-srxtsx-are-undervalued/

CKG / Chesapeake Gold ... all data : 10yr : 5yr : 2yr : 6mo / 10d -

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CKG vs. UGLD etc ... from 11/25/2010 : 10/25/15 : 3/22/18 : flip-10d :

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: 10/25/15 ugld : 3/22/18 : flip-10d :

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3/22/18 ugld w.LZic LZIC.L : flip-10d :

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Ratio : CKG.v to UGLD

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zinc x2

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"Chesapeake Gold Corp is a mining company. It is engaged in the exploration, development and recovery of precious metals. The company's properties are located at Mexico, United States and Guatemala."

Almost 30 Million ounces of goldequvivalent reserves !!!

"Fundamental Research gives a Price target of 13.79 Candollar !
Chesapeake is super cheap ! The capex is high but the all in all costs are extremely low under 400 Dollar !! Gold and Silver will fly to the moon and 4 Billion Pounds of zinc is also pretty good !! 5 Dollar for one Gold ounce in mexico is very cheap ( reserve !! )
Dont miss this stock ! Goldcorp (?) will pay over 1 Billion Dollar for 18 Million ounces of Gold about 500 Million ounces silver and zinc in a few years !"

Cheap but for a reason

The reason this is cheap is because the economics are horrid. Needs $1400 dollar gold just to see an 11% after tax IRR. Huge deposit but nobody is going to fund it without much higher metals prices. If you believe in 2000+ gold this one could see some serious upside, but until then it just rots here


Read more at http://www.stockhouse.com/companies/bullboard#OMXozijIUEgEeorw.99

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CKG website : http://www.chesapeakegold.com/

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CKG vs. GCM etc ... update : since May.2018 : 10d :

CKG: "Mexico's largest Undeveloped Gold & Silver deposit"
GCM: It might be the most undervalued Gold producer on the planet

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: since May.2018 : 10d :

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=========: -- CKG -- : -- GCM -- :
Last Price : Cad 2.05 : Cad 2.60 :
Shares OS : 44.57 M. :  48.20 M. :
Mkt.Cap.- : $ 91.4 M. : $125.3 M :
Pr./ BkVal : R-1.092 : :  R-0.280 : :
DebtCapex $ 00.0 M. : $93.1 M. :
FV / EV -- : $ ??????? : $ 218.4M :
Gold Oz.- : 18.5 Moz :     5.79 M :
Silver Oz. : 526. Moz :    22.7 M : 526/80= 6.6M
Zinc Lbs.- : 4.2  B.lbs :   - N.A. - : 4200/1000= 4.2M
Gold Eqv. : 29.3 Moz :     6.01 M :
Oz./1k sh :    657 oz :     125 oz : Gold Eqv.
MV/1k sh :  $ 2,050 :   $ 2,600  :
Per Oz.    : $3.12/oz : $20.80/oz :

============
GranColumbian
Gold Oz.--: Reserves: Measured: Indicated:  R+M+I : Inferred
Segovia-- :    0,660K :   0,146 K :   1,100 K :  1.91M :  1.10M :
Marmato :    0,000K :   0,388 K :   3,485 K :  3.88M :  4.19M :
Combined:   0,660K :   0,534 K :   4,585 K :  5.79M :  5.29M :
Silver Oz :
Marmato :   0,000K :  1,774 K :    20.88M : 22,65M : 15.01M :
> Au Eqv :   0,000K :   0,022 K :    0.261 K :  0.28M :  0.19M :/80
 = Total- :    0,660K :   0,556 K :    4,846 K :  6.07M :  5.48M :/80

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*Source: http://s21.q4cdn.com/834539576/files/doc_presentations/GCM-DGF-Corporate-Presentation-September-2018.pdf

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GCM is like a cheap in-the-money Call on Gold
CKG is like a cheap out-of-the-money Call on More Gold

 

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