Chesterfield Resources Share Discussion Threads

[pranchalee] 12/2/2021 13:55

Yes but first to Romania then Ireland,come on excell these are not normal times,your wait is nearly over

[excellance] 12/2/2021 13:48

2 weeks Vs 4 months

[pranchalee] 12/2/2021 13:36

Less than 100miles to lab excell

[pranchalee] 12/2/2021 13:31

Yes but the labs aren’t faraway

[excellance] 12/2/2021 13:26

Take a look at ECRs drilling report today. XRF analysis on site, cores off to labs, results due in two weeks.

[excellance] 12/2/2021 12:42

Because these days they can assay on site, then send the cores off to the independent lab for confirmation.

They know what they've got.

They were looking to prove the concept, not prove up a huge new discovery. To prove up a new discovery they need to focus drilling on one area and prove connectivity between holes, and until they do that each hole is merely interesting, but could be annomolous until further drilling is undertaken. They already know that copper is there from previously mined areas, already discovered by predicessors.

MF is correct to say no huge new discovery will be announced post assays, it can't be, but that's why they are so keen to drill extensively in spring and summer, to get a huge new discovery booked.

[gamesplayer] 12/2/2021 12:22

Yes, a bit surprising but welcome.
Hope it indicates that something's happening behind the scenes.
It has now been so long since that interview that I can't see how anything was really known definitively about the assays at that point.

[upthepool] 12/2/2021 12:20

Looks like it has bounced off the uptrend line (for the 5th time) that has been in place since March 2020, which is positive

[excellance] 12/2/2021 12:16

Volume appears to have picked up substantially

[excellance] 12/2/2021 11:47

Bouncing now.

Assays may be released next week or the week after, long overdue.

[32campomar] 12/2/2021 10:42

Definitely seem to be bumping along at the bottom at the moment, wouldn't take much to move this higher now. 12p seems to be some kind of floor.

[excellance] 11/2/2021 20:02

Pran,
Thanks for that. I accept that I may be mistaken and truly hope that I am proved wrong to doubt him.
I say again, not only that I may be wrong but also that I can forgive a mistake.
If I am wrong, I hope he can forgive my mistake.

[cool hand kev] 11/2/2021 19:03

Hopefully they will get those assay results out soon to stop the share price sliding down to 10p 😢

[pranchalee] 11/2/2021 18:46

Excell Martin is one of the most honest people you will meet so I will take issue with that,the interview was honest but in the coming months you will be singing his praises of that I have no doubt

[excellance] 11/2/2021 18:18

Not confident of the CEO is more accurate.

I believe in the concept, there is clearly a vast sea of shallow high grade copper in those mountains, and up until now only exposed outcrops have been exploited.

It follows that the VMS deposits extends under the surrounding hills, and that some VMS deposits may either overlap or be in close proximity to each other.

The proof is in those assays.

We may not have hit sweet spot, or drilled enough to declare a new large discovery, but there will be data in there that proves the concept and gives grades and intervals, tho perhaps not connectivity.

I think MF is a puppet for the HNW puppet masters, and I think his integrity is very suspect.

Just my opinion, but can I be any more clear on how upset I am with how this has been handled?

Am I being unreasonable?

Now, MF looks to have dropped a clanger, but maybe I'm wrong, or maybe I can forgive one mistake, we'll have to wait and see what the truth is.

[gooner1886] 11/2/2021 17:28

Patience needed

[gooner1886] 11/2/2021 17:22

Excellence, you seemTo be flapping abit? Not confident in your investment?

[excellance] 11/2/2021 16:53

Any chartists watching this?

[excellance] 11/2/2021 16:51

He actually used the words "I don't want people buying our shares.,,"

"Thinking"

"We're going to announce a ...discovery"

"Then be disappointed"

And he said this in December, two months before assays are now expected to be released!

Whoop whoop for doc holiday...

FFS

Grrr

[soulsauce] 11/2/2021 16:08

Yes it was right up there with regard to foot in mouth moments.

[bigglesbingham] 11/2/2021 15:53

He was trying to be cute and reduce share price a bit but didn't realise the extent his comments would impact. Ratner comes to mind !!

[excellance] 11/2/2021 14:22

75% of our 117m fully diluted share capital is held by HNW mining investors

That's "High Net Worth"...

75% of £12m between them doesn't sound like "RICH" to me. Sounds like pocket money. Laughable really. "Follow the money" they say, but this isn't money, it's peanuts.

Come on then big boys, show us the money, if it's even there...

[excellance] 11/2/2021 13:35

Most resource stocks have enjoyed a bull run since last May, but the last month or two has seen a peak and pull back, but the sector is perched on a point where if it drops lower would indicate a reversal, or if we rise from here then it will indicate continuation of the up trend.

Which will it be, and how will CHF perform amid this?