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. |
Saying 'Thanks for all the cheese?' |
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... |
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") |
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.... |
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. |
Fortunately, Paul Ensor's phone number is on every RNS, you could try that. |
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! |
Hahaha...
....hahahahaaaa
Lololol
Hahaha
Yeah right
Lol
You will look very silly very soon
8@ |
The FCA will figure that one out |
Except I'm not PE.
No idea where you got that idea. |
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. |
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. |
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. |
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. |
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. |
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. |
 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. |
Sterling now saying "when we return to Adeline" so it appears that they intend to invest further and have stated that they have $4m and a rig on site.
They don't need to conclude the deal with us until November 2024.
Meanwhile, PE did suggest he may have news on Westline by year end, but did he mean calender or financial year end? |
After Martin milked the company, failed to find any copper on an island made of copper, then failed to secure funding for Adeline, he bailed out.
You should follow him.
With Adeline bringing back only encouraging assays, we may get the entire project back soon. |
At least Martin French was trying. He invested his own money, alongside ours, so was at risk and aligned to our interests. New management take salary cheques, but haven't invested anything meaningful, and this their interests are not aligned. |
I wonder which project Sterling would prefer to run with, sail pond or Adeline?
Sail pong got 30cm of high grades, but Adeline got 30m of low grade.
If Sterling opt for Ade, then raise funds for another run, our holding will be doubled, but diluted, and we get £186k.
News on Westline funding may depend on what Sterling decide to do. |
Promising first drilling result from Adeline, with 10 out of 11 holes hitting, but no cigar yet.
SAG are leaving a rig on site to potentially drill thru winter, presumably on the lake.
Will this be enough for the deal to be closed giving CHF some much needed cash? |
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