Chesterfield Resources Share Discussion Threads

[talkman2] 19/5/2021 07:53

At the end of the RNS CHF says that additional acquisitions are planned to significantly expand its exploration footprint

This is going to be big . I expect many multiples in the share price in the future

[soulsauce] 19/5/2021 07:46

Yes looks like a great acquisition at a very fair price but don't understand the comment about the move away from the main market??

[linz22] 19/5/2021 07:44

Wooa, that's fantastic news!
100% acquisition as a swap for just 10% equity, plus the option to acquire a further 10% at 20p.

That's a huge sedimentary basin in a proven area of mineral deposition known to be rich in copper, plus the silver fraction that's mentioned. What's not to like?

These people at CHF are not spivs or bankers, as per some of the chancers at certain other 'explorers' (and at a particular blue-chip 'mining' co.). They're the real McCoy and they know what they're doing.

Now, I wonder whether 'the market' will share my enthusiasm of today's news at opening..?

[thelung] 19/5/2021 07:26

Looks to be an excellent acquisition. Would the move away from the Main Market be to facilitate further share placement in the next 12 months?

[excellance] 18/5/2021 14:37

They've already identified "olive", maybe they'll find Popeye next?

I'm hoping that diamond drilling proves up olive, and this will confirm the "thesis" as good.

[wassapper] 18/5/2021 14:32

We should have some further EM/AMT etc results/info before then I would hope, so only a week or so before they issue that.

[excellance] 17/5/2021 16:32

Three weeks to go until the next diamond drilling phase begins, in the second week in June.

Assay results towards the end of August probably.

[excellance] 14/5/2021 16:59

A bit more volume today, liquidity seems to be improving, but the share price dipped a little.

[excellance] 10/5/2021 10:42

The Chile covid border closures will surely be a short term supply problem, but long term the EV boom will drive demand, and there is talk of some users wanting secure supplies of copper and nickel well ahead of the curve by buying up assets now.

The Chile tax hike is a new one, but hasn't been approved and doesn't come into effect for three years, but presumably will curtail future investment into Chile if it is approved.

[wassapper] 10/5/2021 10:33

Thank you Chile.

[excellance] 10/5/2021 07:57

Those "olive" anomaly looks promising.

[excellance] 06/5/2021 17:46

200k at 12.80p at 15.21

Expectation building again..

[mattybuoy] 06/5/2021 16:40

Embedded natural hedges ...

[pensionplanner] 06/5/2021 10:36

Copper might be the primary target, but gold and silver look very useful.

[excellance] 06/5/2021 09:41

Very positive news, but I'd hate to think that we'd discovered some kind of bonanza grade deposit...

Maybe they have, but let's get it drilled and assayed.

[talkman2] 06/5/2021 08:28

This is becoming a very exciting story . 90,000 tons at today’s copper price of around $10,000 is worth $960 million ! One can see the massive upside and multi-bag potential. A great play on the copper bull run .

[wassapper] 06/5/2021 08:24

All as per plan. Sellers will be out too! Ex will be offering "liquidity" to the market!

[soulsauce] 06/5/2021 07:42

News out 👍

[excellance] 04/5/2021 19:31

No I didn't, and it wasn't me, it was the other three...

I mentioned Venus, and I think we are all watching to see how they do, hoping they do very well. Their success will attract attention for them and us.

Exciting times ahead...

[pharmoutcomeszzz] 04/5/2021 19:01

Excellance- what age are you? I am seriously worried. I detect a possibly advanced case of dementia from your posts.You keep agreeing that it’s time to call a halt on aau being discussed on the chf board, then start discussing aau on the chf board-regularly! Suggest a visit to the doc could be in order. Excellent advances are being made with drugs designed to slow down the rate of progression.

[soulsauce] 04/5/2021 18:56

👆👆👆
You are right pranchalee but some eejit keeps bringing it up.