Chesterfield Resources Share Discussion Threads

[excellance] 30/11/2020 21:25

Ah yes, I remember, we remarked at the time how dark it looked.

[someuwin] 30/11/2020 20:10

Musings with Doc.

CHF from 12 mins in

[sammythevoice84] 30/11/2020 19:08

Ah my apologies gents , thought it was one taken down today. Cheers

[soulsauce] 30/11/2020 18:58

No it was a tweet (about 10 days ago) with a short video of a chap laying dark coloured drill cores ready for sending away.
I then found a picture on line of a Vms core sample which looked remarkably like those drilled. An hour or so later it was pulled.

The one in the shed is still there dated 28th Oct.

[excellance] 30/11/2020 18:47

A tweet a couple of weeks ago, of a young man examining s chunk of rock in the core shed, and it looked like it was rich in gold/copper, at least in my imagination.

It was quickly deleted.

[sammythevoice84] 30/11/2020 18:38

What tweet are we referring to gang ?

[excellance] 30/11/2020 15:12

A picture paints a thousand words...

[pranchalee] 30/11/2020 14:58

Poly put an end to tweets,weren’t happy with the one they had to take down

[wassapper] 30/11/2020 14:49

No tweets!!! :-)

[excellance] 30/11/2020 14:46

Stuck on 14p

No stock available?

No hard news yet, tho we strongly suspect that it will be good...

No indication when the team will release assay results into the public domain, they are still drilling!

[excellance] 30/11/2020 14:05

About time this got out of bed today.

You'd think they'd been in meetings all day with the lack of anything visible happening here...

Actually, they probably have!

I'd love to be a fly on the wall of those meetings...

[cool hand kev] 30/11/2020 13:04

LoL 😂

[excellance] 30/11/2020 12:30

Screw that, I'd prefer we just revalue straight to 50p, then I'll sell 10%

[cool hand kev] 30/11/2020 12:24

A little bit of consolidation before the next move up ain’t a bad thing

[wassapper] 30/11/2020 08:28

something like "go copper" or such nonsense :-)

[excellance] 29/11/2020 23:45

looks to me like they are already planning next years infill drilling program, so they must already have certainty that there is economic quantities of copper, and probably excellent gold credits too. Consider the £2.1m investment as a deposit, a down payment, on a full takeover very soon.

With POLY owning 22.5% it would now be much harder for another entity to snap this up, unless of course we see another "investment" by another major for a similar amount in coming weeks. If that does happen they'd better be quick, because if they wait for assay results to be released they will have to pay a lot more.

I wonder what the small print is in the POLY agreement?

[cool hand kev] 29/11/2020 23:28

Maybe sooner 🤔

[pranchalee] 29/11/2020 21:09

Be surprised if poly don’t increase their stake over the coming weeks and a full blown bid by next summer

[pranchalee] 29/11/2020 21:05

Why you think they took the tweet down

[excellance] 29/11/2020 20:38

thats my point, they know EXACTLY what we have here. they may delay the assay results to make it look like they are waiting along with everyone else but to even think that they put their reputation on the CHF table without knowing what the drill has discovered is just daft.

[soulsauce] 29/11/2020 20:22

When the deal was agreed the share price was 9p as it will have been agreed at least one day before the announcement.
I think when you have the likes of a £7.4bn wanting in you don't say hold on a minute until we have the assays.
I am sure they will have a good idea of what they have from the percussion drilling anyway.

[excellance] 29/11/2020 20:04

i wonder why CHF agreed the POLY finance BEFORE assays were released to the public?

Could it be that there was a tentative agreement made several months ago and now POLY know enough to make it public, or, did CHF take the deal now BEFORE assay results are known as insurance against a dud result?

Personally i think i'll take the first options.

[cbeadle] 29/11/2020 18:48

It finances them well, probably fully for the whole drilling programs they want to undertake. They have ZTEM reports indicating areas to further drill in

[talkman2] 29/11/2020 18:00

Looking forward to the drilling and essay results which will be hopefully soon .

[pranchalee] 29/11/2020 17:57

Imagine what £2.5million will drill