Chesterfield Resources Share Discussion Threads

[cbeadle] 27/2/2021 20:27

CHF have had an interesting week! They are a difficult one to call, I was encouraged by many factors eg location, strong team, copper prospects, Polymetal interest etc.
However, they are still an exploration company with no real assets, and they have the long marathon to drill, assess them then realise value from them. Thus this is why they are currently more a £10m company than a £50-100m+ company.I have sold about 25% of my holding in recent weeks but I feel it is attractive at this level, underpinned by the Polymetal interest. I think we might rebound a bit next week. CHF by nature has to be largely priced on potential just now, but that potential exploration in an area famed for copper, close to old mines must be significant. An interesting year ahead

[excellance] 27/2/2021 18:30

Bonds and tech equities sell off due to inflationary pressures, and it looks like hard commodities are driving that pressure, but will CHF find and mine during this cycle?

[cbeadle] 27/2/2021 16:04

IG never permitted opening a long spread bet on CHF, they kept offering closing positions only

[pranchalee] 27/2/2021 15:39

Panmure have taken on chf so with poly and Chf in the same camp so to speak Chf will not be ignored and visits to Cyprus are already on the agenda for panmure over the coming months ,plus poly top brass are pencilled in for early summer when diamond drilling will be in full swing.

[talkman2] 27/2/2021 15:36

I think a lot of the weakness this week was IG forcing people to close their spread bets . It’s a good sign the share price rallied during Friday afternoon. The webinar on Monday should restore confidence.

[flying pig] 27/2/2021 13:12

Panmore Gordon are respectable brokers who would not take on poor quality clients as there would be reputational risk. Bullish

[talkman2] 26/2/2021 16:08

It seems Panmore Gordon increased its share price target to 21p on the 24th February after the RNS . Why would it do that if the RNS was as bad as the share price was indicating . I’m very tempted to get some more

[excellance] 26/2/2021 13:39

Hard to find him, he only turns up for 3 hours a week.

[pranchalee] 26/2/2021 13:23

Sad the levels people stoop to but haven’t the balls to actually talk to the man

[wassapper] 26/2/2021 12:28

Interesting that Car Crash is not all over Proactive etc as he has been before. That is normal MO. Looks like Car Crash is being kept well out of the big boy's stuff.

[excellance] 26/2/2021 12:28

On an island made of copper, named after copper, with abandoned mines all around, and a modern copper explorer can only manage to find copper in 2 out of 13 holes, you couldn't make it up.

Htptps://www.geolsoc.org.uk/Policy-and-Media/Outreach/Plate-Tectonic-Stories/The-Lizard/Troodos-Ophiolite#:~:text=Troodos%20formed%20at%20the%20bottom,uneven%20and%20centred%20around%20Mt.

[excellance] 26/2/2021 12:22

They're rolling out his replacement, so maybe things are improving?

[excellance] 26/2/2021 11:42

3 retweets and 8 likes.

Looks like it'll be a short q and a session, but I'll have my giggle counter and lie detector ready as always.

[pranchalee] 26/2/2021 10:05

Register for Monday and ask the question

[pranchalee] 26/2/2021 10:04

No placement on the agenda

[seagreen] 26/2/2021 09:54

Some think there is a panmure placement for an acquisition is all I am hearing....but if that adds value it is fine by me. Shocking hows these things get out in the open market so quickly...

[gooner1886] 26/2/2021 09:54

Nearly back at what polymetals bought in at. Great time to accumulate more. Going to after be patient though. Winner from these levels imo

[seagreen] 26/2/2021 09:49

Mind you Pranchalee seems to be the only one who appears to know what is going on..

[talkman2] 26/2/2021 09:17

The LSE board have mentioned a Q&A o Monday . Hopefully clarify things . Expect a rally

[talkman2] 26/2/2021 08:52

Oversold . Just read the RNS again . Picked up another 50,000. Great value at these levels .

[saturdaygirl] 26/2/2021 00:52

pranchalee filtrerd

Complete air head !

[excellance] 26/2/2021 00:47

Compare and contrast...

[excellance] 25/2/2021 18:42

Copper is now 27c per ounce.

Gold is $1,267 per ounce.

Rhodium is $25,900 per ounce.

Thought I'd share that with you.