Chesterfield Resources Share Discussion Threads

[excellance] 15/6/2023 15:18

Yet Martin failed to even manage that!

[ruthfuller665] 15/6/2023 12:28

Flow-through funding in Labrador is at a 20% premium.

[excellance] 15/6/2023 10:04

"waiting for the market melt-down to pass to raise funding, which it could easily have done a few months later"

That's where your argument crashes and burns. IPO levels are very low, placing discounts are 50% instead of 15% even now.

[ruthfuller665] 15/6/2023 06:46

The company is in a far worse position than it was a year ago by every metric

[ruthfuller665] 15/6/2023 06:33

A reapeat list of previous false statements, except for one new one. The Russians had nothing to do with the discovery at Westline

[excellance] 14/6/2023 22:35

martin, thats bang out of order.

the factors influencing todays situation are...
1. a global lull in liquidity for juniors looking for funding,
2. chesterfields previous management failing to deliver on promises,
3. due to the previous management failings the current management went into survival mode until we could rationalise the pf and get funding,
4. we had 2 assets half a planet apart and no capacity to manage either, and a divided board, so the two chumps got sacked/left,
5. we had great results from westline with help from the RUSSIANS, and in case you didn't know the Russians arent very popular at the moment, because they are trying to do to Ukraine what Turkey did in Cyprus 50 years ago, forgetting what the USA did in Syria 7 years ago, or what israel has been doing in Palestine for 75 years, both of which are just land grabs.

[ruthfuller665] 14/6/2023 22:08

Excellence/Ensor is now putting out a stream of almost hysterical posts on a daily basis. It is part of a relentless campaign to mislead the market.

[the modeller] 14/6/2023 18:58

Get one of your colleagues to give you an Rx for 600mg of Li to be taken twice daily - that should reduce the posting.

[excellance] 14/6/2023 16:16

Ruth is Martin's mummy.
I am Ruth's shrink.

[concentrate] 14/6/2023 11:48

Really enjoying this thread. Keep up the good work.

I like to imagine that excellance is Ensor and Ruth is Martin, and they just like to have a little spat in public.

But actually there's only about 5 people left reading.

[excellance] 14/6/2023 11:39

The website started the process of being updated a month ago, but it appears that the new acquisition isn't on there yet. New update pending.

[ruthfuller665] 14/6/2023 10:34

The Chesterfield website has been offline for the last two weeks. Either it is a sign of a completely inempt company (which has no business yet employs teo full time executives) or more worryingly it is deliberate.

[the modeller] 13/6/2023 19:14

You insinuated ruth was a dipsomaniac yesterday, but a sage investor today. My view of you remains consistent.

[excellance] 13/6/2023 15:58

We all know that while Ruth talks this down she's loading up ready to change tack.

[ruthfuller665] 13/6/2023 15:23

Has anyone tried to get into the website recently?

[the modeller] 13/6/2023 00:21

Yes, it appears as though ruth has been quaffing from the font of wisdom.

[excellance] 12/6/2023 23:00

You been drinking again?

[ruthfuller665] 12/6/2023 22:23

This company makes zero effort to communicate with its shareholders

[excellance] 09/6/2023 13:51

SAG up 41% in five days.

[excellance] 08/6/2023 10:28

PD didn't retire, he took a position at another company, or at least that was the reason given, but retained an advisory role with CHF.

His interview with Sarah Lowther was a train crash, he doesn't understand simple questions and appears to have the intellect of a pet rabbit.

[kiplig] 05/6/2023 07:15

What an absolute shambles. They push out Martin French, an honourable man with good integrity whi had invested much of his own money and was aligned to shareholders.Yes, the shares were underperforming at the time, but sometimes this is macro - juniors in AiM come in and out of favour. But at least he was trying.They ouch him out and a deal is announced with the business partner of Peter Damouni, recently retired director. Of course, because PD had just retired it was no longer a related party trabsaction so no disclosures required. That fell over and now these 2 current directors are just sucking the capital away in Salaries.

[ruthfuller665] 26/5/2023 23:29

You read it, but it is probably untrue

A year from now Chesterfield shares will likely still be at 1p, Ensor and AJ will still be drawing a salary from what little money the company has left. You will still be writing these nonsense posts.

[excellance] 26/5/2023 00:12

3. Yet they are in discussions, didn't I read that somewhere?

[ruthfuller665] 25/5/2023 23:27

1&2 if Sterling shares go up, will Ensor will sell them and use the proceeds to pay him and AJ yet more bonuses

3 they are ten months in to managing CHF and there is no evidence of them seriously looking for a partner in Cyprus, or even develop a basic program there

4 they don’t have enough cash to execute an RTO, neither Ensor or AJ have any experience of transacting RTOs, at 1p an RTO would be ridiculously dilutive. Even if it was a good deal (unlikely), the shares would probably be worth a max of 2p, far lower than it used to trade under the previous management

[excellance] 25/5/2023 23:01

so lets look at the potential upside.

1. sterling drill adeline and hit decent grades and intervals
2. sterling drill their other asset and expand their mineralisation
3. chf get a partner to directly invest into Westline to expand that discovery
4. some non listed entity RTOs into us for our listing, removes AJ and PE, brings a portfolio of assets with them, but the number of share in issue is expanded to reflect the new larger company.

number 4 would explain why they needed to divest adeline to maintain full exposure.