Chesterfield Resources Share Discussion Threads

[excellance] 05/3/2024 22:51

Very strange goings on at Sterling and Copper Road.

Acquisitions and share issues but who is buying whome?

With the acquisition of the new project our path is clear for a big boy to buy into Adeline.

[excellance] 15/2/2024 18:02

Looks like Adeline is dead and buried again. All that remains is for Sterling to either close the deal by issuing us shares as promised and the settlement, or backing out and giving us our licenses back.

Do we want Adeline back with data from two holes, or are we happy for it to be filed away under "drill in 2050"?

[excellance] 15/2/2024 17:57

"While our focus will shift primarily to advancing Copper Road upon closing of the Transaction, we will remain committed to understanding Adeline’s potential, providing the best leverage possible for our shareholders.”

[excellance] 15/2/2024 17:56

Upon completion of the Transaction, existing Copper Road and Sterling shareholders will own approximately 49% and 51% of the Company, respectively.

[excellance] 15/2/2024 17:54

This is a very interesting acquisition by Sterling, which appears to be a reverse takeover as Sterling is acquiring 100% of the Project in consideration for 98% of the current issued and outstanding shares of Sterling and $460,000 in cash

[excellance] 08/2/2024 14:25

We all knew the risks here, you're fooling yourself if you deny it.

When Frenchy wasted months and thousands on his American dream, and Troodos didn't hit anything particularly spectacular, and with our Russian links, we knew we were in for a tricky year or two.

However, Mr Elsor managed to get Adeline funded and off our capex list, and now we wait for Sterling to make a decision.

Meanwhile, we have potentially a new project, but not until it is signed for.

[shortarm] 08/2/2024 13:31

Saying 'Thanks for all the cheese?'

[excellance] 08/2/2024 13:28

Whenever I've contacted the company I get a reply fairly quickly, often within minutes.

Recently there's been no contact, akin to a closed period...

[flying pig] 08/2/2024 09:59

I wrote to the Chairman some time ago, asking for a bit of an update, but inevitably no reply! Not very surprising. (Of course it may be that the reply is still in the "post")

[shortarm] 24/1/2024 06:04

Up here yesterday? Oh, no - they actually just increased the spread lol.Excellence feels like he can impart wisdom on other boards now that he is only 99.5 percent down!Well done excre....

[excellance] 21/1/2024 18:48

The important thing is that we have two projects, and we are looking to sign up to another, and we need funding one way or another.

Sterling look likely to complete the Adeline deal giving us a decent cash injection.

Westline is mothballed until we can secure a deal to drill that further.

We are looking to sign up to another area of operations.

Exciting times ahead but patience required.

[excellance] 21/1/2024 18:43

Fortunately, Paul Ensor's phone number is on every RNS, you could try that.

[flying pig] 21/1/2024 12:37

The website has not been revised & updated since 2019. It is impossible to send an email to the company via the website (or at least I have completely failed). It is something to do with proving that I'm human.
I am sending the chairman a short letter asking for an update or some sensible news. I am not optimistic about getting a reply!

[excellance] 17/1/2024 19:51

Hahaha...
....hahahahaaaa

Lololol

Hahaha

Yeah right

Lol

You will look very silly very soon

8@

[ruthfuller665] 17/1/2024 18:33

The FCA will figure that one out

[excellance] 17/1/2024 07:57

Except I'm not PE.
No idea where you got that idea.

[ruthfuller665] 17/1/2024 06:01

Flying pig. Suggest you give Executive Chairman Paul Ensor (aka Excellence) a call ask him how come the share price has collapsed by 90% in the 18 months since he “rescued the company”, why he does no work at all, and what has happened to the £700,000 that has disappeared from the company bank account over the last year.

[flying pig] 16/1/2024 10:10

It would be good to see something positive coming out of this significantly disappointing investment. It is the Chinese year of the Dragon looming which is sometimes positive.

[excellance] 07/1/2024 22:54

What utter nonsense, you are just making stuff up for entertainment.

Ensor was voted into his role.

French left when his plan failed as it became obvious that the company could no longer pay his huge wage.

AJ is "interim" and will soon be replaced.

If Sterling are successful, they could RTO into CHF and then we'd have dual listing.

[ruthfuller665] 06/1/2024 23:07

Zbruiser, the company wasn’t overextended in Canada at all. CHF had already covered all its financial obligations there for another 18 months. It had cash backing, a strong Canadian partner and a Canadian listing in full application. The exploration budgets were well within the company’s capabilities.

You should understand that Paul Ensor has invested nothing in Chesterfield at all. His plan was always to strip all the shareholders assets and cash out of the company. Eighteen months later, he is still drawing a salary for doing no work, and putting out a series of vague promises about deals that will never happen.

Ask yourself if you have ever seen a business run like this? The results are now plain for all to see. For sure, he will never be allowed to direct a public company again, some of the senior shareholders have seen to that.

[excellance] 28/12/2023 18:55

FYI I am not Paul Ensor, and I am not connected in any way to any board member or employee of Chesterfield.

Janice is delusional and I am happy to wind him/her up.

The fact is, this is an exploration company that raised capital, issued shares, and failed to deliver. The next step is to raise more capital by issuing more shares and having another go, or, attracting a bigger fish who we can farm out to.

This is exploration, rinse repeat.

[excellance] 24/12/2023 11:24

So says Martin French...you sad and bitter loser. If only your wages were performance based you would be paying the company!

Ah well, out with the old in with the new, all water under the bridge now, and on we go to new ventures with a new team and new money...and we can erase the memory of MF and PDM with the name change.

[janicesolihul] 22/12/2023 21:14

In case anybody doesn't know, "excellence" is actually Paul Ensor, who took control of the Chesterfield last year through a scheme of deceipt. He pretends to be someone else, trying to justify destroying a healthy company, betraying all the shareholders, a bright young hard-working team, and the trust of those around him.

The shares are worth a tenth of when he "rescued the company", and almost all the £700,000 of shareholders funds from that time has disappearred from the bank, while the 68 year old Mr Ensor sits in his position of Executive Chairman and does no work, apart from shouting in this empty room. He has destroyed virtually all shareholder value. Everyone in the community knows what happened, no one is fooled by the smokescreens.

I am sorry to say this Paul, but these weird and obsessive posts are a window into a deeply dishonest and disturbed personality that I didn't know existed. You should reflect on who you are and what you have become. It is a shame, because I know you can do better.