Chesterfield Resources Share Discussion Threads

[cbeadle] 25/2/2021 11:39

I prefer ARCM as a really promising copper prospect, AA already have an agreement

[excellance] 25/2/2021 11:33

Good point about being financed.

CHF are financed probably until near Xmas, by which time we should have more assays back from the May drilling program, and may be able to place shares on the back of that.

Or maybe poly will fund us from there for a percentage, tho they already own 23% of us.

[cbeadle] 25/2/2021 11:31

I think the drop has been engineered for someone to buy more on the cheap eg Poly, maybe new options for directors etc.
Not that much volume to warrant such a drop
in share price

[excellance] 25/2/2021 11:24

I'm pleased to see the share price recovering a little.

Bought a few more back at 9.9 but overall have taken the opportunity to reduce my exposure here in the chaos.

[thelung] 25/2/2021 11:23

I'm now in to win.

[soulsauce] 25/2/2021 11:13

Indeed and you have to be in to win 😉

[oildon11] 25/2/2021 11:10

Yes soul. And if you buy a euromillions ticket you might win....

[soulsauce] 25/2/2021 11:05

Fantasy story lol, well if you listen to Mike Moles interviews at KAV you will eventually find it. And if you knew anything about geology that is how it can be.

[oildon11] 25/2/2021 11:02

Yes i can tell that from your fantasy story hahaha that story alone is worth a mkt cap of 10mil

[oildon11] 25/2/2021 11:01

Pranch.....i sold these at over 50% higher than the current price so dont think im doing too bad.

[soulsauce] 25/2/2021 11:00

Not for me Oildon, no desperation here.

[excellance] 25/2/2021 10:59

For me the problem is funding. As a loss making company with no revenue other than issuing and selling their own shares we can't afford the scatter gun approach.

We need to find something that can provide a modest income, or we will forever be diluted.

We are looking for "needle in haystack" blind ors bodies when all around there are visible deposits and tailings on old abandoned mines that still have accessible and viable ore.

[oildon11] 25/2/2021 10:58

Haha cool story bro.....Very desperate times for you soul

[soulsauce] 25/2/2021 10:29

Cheers excellance, I wasn't aware you were a geologist as well as company advisor for M&A.

One of the management of Kav tells a great story where some years ago a company drilled what they thought was a decent prospect but the results came back disappointing and rather than follow up they let the licence lapse.
Years later another company took up the licence and ended up finding a huge amount of pay dirt and as a consequence became a large mining company.
It turns out the previous company had missed the mineralogy by a matter of metres.
I can't remember all the details of the company or country but hopefully you will get the point.

[pranchalee] 25/2/2021 10:20

Oilfoon you have to be the cleverest investor I know well done

[excellance] 25/2/2021 10:20

I don't think some on here get how bad yesterday's RNS was.

An entire summer drilling and they found only two anomalous zones which in no way can be considered valuable despite the management spin.

In fact, it is deceitful for management to suggest the results were a success or a win.

Without proving continuity they've proved nothing. A couple of high grade anomalies isn't proof, and surely a geologist would know this?

Credibility is everything, and the market says there is very little here!

[oildon11] 25/2/2021 10:19

This was always going to happen.If there was anything worthwhile poly will use their position to drive the price down then pick it up for peanuts.On the small caps there seems to be this dissolution from investors that the big boys have millions and just love to give it away.If they want something they will get it and for as little as possible.Sorry guys holders been screwed here. And to think you guys slagged me off for getting out at 15p after the car crash interview.

[cool hand kev] 25/2/2021 10:11

8p entry price?

[pranchalee] 25/2/2021 10:06

Look at volume where’s the big sell off just mms having a field day

[plasybryn] 25/2/2021 10:05

Bargain price for a predator?

[excellance] 25/2/2021 10:03

The market is loving yesterday's RNS and the management style.

Great isn't it?

Cheap and chatty Chesterfield.