CKGNow that's what i call a discount ! CKG is trading at bottom basement prices here... almost free for a company with a massive gold and silver deposit . Add that one to my bucket !
chesapeakegold.com
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−0.12USD
−7.901MUSD
60.706M
About Chesapeake Gold Corp.
Sector
Industry
CEO
Alan N. Pangbourne
Website
Headquarters
Vancouver
Founded
2002
ISIN
CA1651841027
Chesapeake Gold Corp. is an exploration and evaluation stage company, which focuses on the discovery, acquisition, and development of major gold-silver deposits in North and South America. Its primary asset is the Metates project located in Durango State, Mexico and the Talapoosa gold project in Nevada. The company was founded on April 18, 2002 and is headquartered in Vancouver, Canada.
Chesapeake Gold Mail shareholders still is this stock. Management reinforced and Mr Pangbourne with a lot of money in this stock.
Consolidation ongoing, and with rising silver prices, this stock is going to explode - as hit has done years before.
Falling wedge, sinking volatility best signs.
Target first an min.
Chesapeake Gold Comp. - consolidation finished.Cheaspeake Gold Corp. has done a long period of consolidation.
Since August 2020 shareholders have seen descending prices. But - it seems, that most of them have lot of patience.
Various breakouts are done - missing only break-out of slow stochastic.
As normal, a sharp break-out of a descending Wed
CHPGF BUY/LONG NOW READY 3.00 to 7.00Technical Analysis
1. Pennant Pattern
2. Large Head & Shoulders
3. Fibonacci Retracement at 0.618 (Golden Zone)
4. Potential Pennant Breakout (incoming)
5. Fibonacci Expansion Safe Take Profit Level 1 (Grey Zone) Also the length of Flagpole
1st Take Profit: 7.00
ETA for Take Profit would be End of
Chesapeake Monthly Log ChartLooks to have bounced for a 3rd time on right hemisphere of arc.
11$ target Q3-Q4 2021.
Chesapeake Gold - Consolidation ongoingChesapeake Gold did a spectacular first move.
Now, consolidation phase has been set and is ongoing, harder than Silver has been hurt.
Weekly Chart shows an impressive falling wegde, corresponding with RSI & Slow Stochastic.
But:
Investors are still believing in this company.
OBV looks very stab
Chesapeak Gold - up and awyDue of fine consolidation pattern combined with possible 1-2-3 EW structure
very interesting situation.
Solid bottom established long time.
Yesterday also news published: New CEO, cooperation with technical company.
Looks very interesting, also due of strong Investors Skills (Mr. Sprott)
Dan
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