Chesapeake Gold (CKG) has notable insider buying

Chesapeake Gold (V:CKG)

Sam K. Wong, CFO, acquired 37,500 Common Shares on a direct ownership basis at a price of $3.300 through an exercise of options on July 20th, 2020. This represents a $123,750 investment into the company's shares and an account share holdings change of 50.0%.

Chesapeake Gold Corp. is a development-stage company. The Company is a mining company focused on the exploration, development and recovery of precious metals. Its operations are the development of its Metates gold-silver project (Metates) and generating a pipeline of exploration projects in north western Mexico. The Metates project is an undeveloped gold and silver deposit located in Durango State, Mexico, which consists of over 10 mineral concessions totaling approximately 14,730 hectares. It has a portfolio of exploration properties, including the Talapoosa gold project, a gold and silver property located in Lyon County, Nevada; La Cecilia property, a property located in Sonora State, Mexico and consists of over four mineral concessions; Tatatila project, a metal and polymetallic mining district in Veracruz State, Mexico, and Rio Minas, a polymetalic skarn prospect located in Oaxaca State, Mexico. It operates in Mexico, Canada and the United States. It has not generated revenue.