Chesterfield Resources Share Discussion Threads

[excellance] 26/6/2023 09:21

It tells us to watch for good news from Canada drilling, at no financial cost to us.

It tells us we ARE IN preliminary talks about a JV in Cyprus,

And it tells us that we may be subject to corporate action, RTO or issue of shares related to an acquisition into another project.

[excellance] 21/6/2023 16:56

They can't as they are "in the know".

Ruth "Martin" fuller is just sour because he failed.

[kiplig] 19/6/2023 16:03

Ruthfuller - have the management team actually done anything since pushing out Martin French? Martin had invested significant capital into the company, so was completely aligned to shareholder interests. The other directors have invested very little of their own money and just draw large salaries. It is very troubling.

[ruthfuller665] 17/6/2023 14:10

Three more falsehoods to add to the growing list from Excellence/Ensor

Chesterfield had drill permits, Chesterfield’s drill contractor had insurance and there is no underwriting

[excellance] 16/6/2023 21:15

Exactly, Pacton didn't have the confidence of the Canadian authorities because of the sensitivity of the project in a pristine environment and very limited access to cash.

CHF were in the same boat.

Now it's up to Sterling to get permission to drill. At least Sterling have certification for insurance and underwriting.

[ruthfuller665] 16/6/2023 21:03

Because Pacton never raised money or got regulatory approval for the transaction. There were a lot of acqusations flying around of irregularities going on behind this deal.

[excellance] 16/6/2023 15:14

So if Adeline is such a great asset, why did Pacton pull out?

[ruthfuller665] 16/6/2023 13:28

No because Martin was pushed out before he could, because he refused to sell Adeline to Peter Damouni’s business partner at a knock down price, which he knew would completely destroy shareholder value at CHF, which is what has now happened.

[excellance] 15/6/2023 16:18

Yet Martin failed to even manage that!

[ruthfuller665] 15/6/2023 13:28

Flow-through funding in Labrador is at a 20% premium.

[excellance] 15/6/2023 11:04

"waiting for the market melt-down to pass to raise funding, which it could easily have done a few months later"

That's where your argument crashes and burns. IPO levels are very low, placing discounts are 50% instead of 15% even now.

[ruthfuller665] 15/6/2023 07:46

The company is in a far worse position than it was a year ago by every metric

[ruthfuller665] 15/6/2023 07:33

A reapeat list of previous false statements, except for one new one. The Russians had nothing to do with the discovery at Westline

[excellance] 14/6/2023 23:35

martin, thats bang out of order.

the factors influencing todays situation are...
1. a global lull in liquidity for juniors looking for funding,
2. chesterfields previous management failing to deliver on promises,
3. due to the previous management failings the current management went into survival mode until we could rationalise the pf and get funding,
4. we had 2 assets half a planet apart and no capacity to manage either, and a divided board, so the two chumps got sacked/left,
5. we had great results from westline with help from the RUSSIANS, and in case you didn't know the Russians arent very popular at the moment, because they are trying to do to Ukraine what Turkey did in Cyprus 50 years ago, forgetting what the USA did in Syria 7 years ago, or what israel has been doing in Palestine for 75 years, both of which are just land grabs.

[ruthfuller665] 14/6/2023 23:08

Excellence/Ensor is now putting out a stream of almost hysterical posts on a daily basis. It is part of a relentless campaign to mislead the market.

[the modeller] 14/6/2023 19:58

Get one of your colleagues to give you an Rx for 600mg of Li to be taken twice daily - that should reduce the posting.

[excellance] 14/6/2023 17:16

Ruth is Martin's mummy.
I am Ruth's shrink.

[concentrate] 14/6/2023 12:48

Really enjoying this thread. Keep up the good work.

I like to imagine that excellance is Ensor and Ruth is Martin, and they just like to have a little spat in public.

But actually there's only about 5 people left reading.

[excellance] 14/6/2023 12:39

The website started the process of being updated a month ago, but it appears that the new acquisition isn't on there yet. New update pending.

[ruthfuller665] 14/6/2023 11:34

The Chesterfield website has been offline for the last two weeks. Either it is a sign of a completely inempt company (which has no business yet employs teo full time executives) or more worryingly it is deliberate.

[the modeller] 13/6/2023 20:14

You insinuated ruth was a dipsomaniac yesterday, but a sage investor today. My view of you remains consistent.

[excellance] 13/6/2023 16:58

We all know that while Ruth talks this down she's loading up ready to change tack.