Chesterfield Resources Share Discussion Threads

[wassapper] 14/6/2021 15:35

and it is Altius who will actually be doing the work and running things. As Martin said "they are not just silent partners"

[wassapper] 14/6/2021 13:27

Ex - listen to the podcast. He said drilling. Drills have worked there before - see all the historic results. Please don't do this pointless speculation - contact the company and ask "how are you going to drill when there are no roads?" I'm sure Martin can tell you. It's not market sensitive info.

[excellance] 14/6/2021 11:58

I can't see us drilling Adeline in July, how would they even get a rig in assuming they've done enough field work to identify a handful of drilling locations? There aren't even any tracks yet. We do have a helicopter, but that can't transport a drilling rig, we'd need a Chinook for that. It looks like a paradise waiting to be opened up with a huge road building project.

[soulsauce] 14/6/2021 08:39

So how come we couldn't put the same amount of info in a Rns from percussion drilling that Cmrs have?

[wassapper] 11/6/2021 15:40

From hTTps://total-market-solutions.com/2021/06/chesterfield-resources_june-2021/ Re Altius and Canada - "they are interested in significant share price appreciation. If they'd sold to Rio and made a discovery, the Rio share price might rise a few per cent, but with us the share price might rise 4-5 fold" That is what they are looking for folks. Also, more possible aquisition news in 2-3 months. Drilling in both locs in July.

[excellance] 11/6/2021 13:24

True, we need results, but I think we all recognise the potential here, and the good work that's been done to pull this all together into a well managed fully funded working explorer. Proving up a decent deposit or two in Cyprus will really get this going, and if Ariana/Venus get good results that will create more attention for us too. I hope they get great results.

[pranchalee] 11/6/2021 13:18

Not long before large miners start buying every copper minnow they can just and see

[wassapper] 11/6/2021 12:45

Not until they have some further results I would say. The volume is hardly "bid" volume.

[excellance] 11/6/2021 12:28

The Altius tie up makes CHF a bid target. Largest Cyprus license area plus the Canadian assets for under £20m mkt cap.

[linz22] 11/6/2021 12:18

Yes, indeed. Why's that on a Friday afternoon..?

[deadly] 11/6/2021 11:53

Signs of life at last.

[burtond1] 11/6/2021 06:49

It's Cyprus, Canada and Copper for @ChesterfieldPlc "...Altius had this huge #Copper asset and have had five enquiries from large Canadian groups. Altius have a 10% holding in #CHF ..." Here, Chairman Martin French explains all to @copytasterhttps://total-market-solutions.com/2021/06/chesterfield-resources_june-2021/

[soulsauce] 09/6/2021 12:43

Yep thanks for digging that up excellance.

[pranchalee] 09/6/2021 12:30

👍excell

[excellance] 09/6/2021 12:21

It's discussed in this "chatty chesterfield" interview. It's from Bulgaria, we have it in storage, and we will be sharing it with Venus. It was also previously mentioned that we have a rig in storage, but in either interview he doesn't say who owns it. Https://total-market-solutions.com/2020/12/chesterfield-resources-dec-2020/

[pranchalee] 09/6/2021 11:50

Mate can’t remember exactly but take my word for it

[wassapper] 09/6/2021 08:06

pranch - I don't doubt you but where is the RNS that says that?

[excellance] 08/6/2021 17:09

We've waited many months, what difference will a week or two make in the bigger picture.

[soulsauce] 08/6/2021 16:53

Thanks for the clarification pranchalee. I was beginning to think I had dreampt it 🙄

[pranchalee] 08/6/2021 16:52

We are sharing wasapper

[wassapper] 08/6/2021 16:48

soul - if you recall in the recent webcast they said there was to be a minor delay due to technical evaluaton of a lot of encouraging electronic data, but not a major delay and nothing said about waiting on another party. Simple to answer I suppose by asking Martin F.

[pranchalee] 08/6/2021 16:30

Hate sharing

[soulsauce] 08/6/2021 16:25

No excellance they are just in the process of moving it to the second site at Kilrou.

[excellance] 08/6/2021 16:20

So if Ariana/Venus have found something, but feel they need to go deeper, hence prolonging the contract, that may delay things, but if successful it would be great for them, but also for us. Or maybe they got their drill stuck and went to the pub?

[excellance] 08/6/2021 16:18

Don't most drilling contracts have extension options built in, in case they need to go deeper or if more holes desired? Just looking at the ECR drilling contract for their Creswick project, they contracted for 1200m, essentially 4 holes) but have stated they may take that to 2000 or 3000m (10 holes).