Chesterfield Resources Share Discussion Threads

[excellance] 04/12/2020 15:19

To get to 100m or 250m will take time.

Let's get to 30 or 50m first.

[talkman2] 04/12/2020 15:04

If it becomes a £100 million that’s a £1 a share . Pretty major for me with my current holding

[excellance] 04/12/2020 14:54

Don't know about a billion, but a £250m company sounds easily achievable.

The concept here is to prove that several VMS deposits overlie each other, the lower ones up til now undiscovered, but if they are there then there will be scalability, and with decent grades, if we can overcome the overburden, then a billion is possible, but I'll keep to a cautiously optomistic view of a mere quarter of that for now.

[ein4] 04/12/2020 14:05

Bought more this morning, paid 17.35 for size, happy going forward.

[cool hand kev] 04/12/2020 13:54

So excellence (IYO) does CHF have the potential to become a billion £ company? It might get snapped up before then but EUA hasn’t YET

[harrisun] 04/12/2020 13:46

Worth a quick look, but I also remember visiting the Troodos mountains several times and monasteries abound with locally produced gold, so its not just copper.

[excellance] 04/12/2020 13:45

£17,000 x 2 is chunky

[32campomar] 04/12/2020 13:40

2 delayed 100K buys at just under 17p just gone through, shows nice confidence.

[sammythevoice84] 04/12/2020 13:35

I added a small amount earlier still got a way to go yet

[excellance] 04/12/2020 12:41

Growing all the time...

17.5 paid

[janestone] 04/12/2020 12:40

No, 19 licences and 2 pending.

[excellance] 04/12/2020 12:34

Does this company have the potential across all of its licenses to become a billion gbp plc?

Is it 14 x 100% owned licenses now?

[excellance] 04/12/2020 12:29

I honestly believe that poly will put their teams and equipment into this, hence the "relationship agreement" that we have no ides of the contents of yet.

[excellance] 04/12/2020 12:27

I would have thought that the contract with the drill team would have been fixed term. Obviously not.

Drill boys drill, keep on drilling under those hills...

Next year too, but how many drill teams next season?

[janestone] 04/12/2020 12:17

They set out to drill to 150m in each hole, and their target was 2000m. They had drilled 900m by 13th oct (six holes), and so have they expanded their goal.

[soulsauce] 04/12/2020 12:13

I think the evidence on that tweet might have been the thickness of the deposit given all the cores in that box were of a similar colour.

[excellance] 04/12/2020 12:09

These started drilling 10 weeks ago on about 25 September. Supposedly 6 holes were specific and a further 6 were flexible.

In ten weeks they should have drilled 25 holes if the depth was just 50m.

I assume the percussion drilling is by another team and not the same ones?

Are poly actively working with our boys. Is it their rig?

Was there evidence of a poly link on the tweet that was deleted?

[32campomar] 04/12/2020 12:01

Great recovery!

[talkman2] 04/12/2020 11:46

Looks like the seller has cleared . You can’t keep this baby down for long . Too much going for it .

[cool hand kev] 04/12/2020 11:44

Blue afternoon 🤔

[excellance] 04/12/2020 11:39

17p

The sellers appear to have merely fed the monster...

[excellance] 04/12/2020 11:38

BOOM!
🚀 🚀 🚀 💥 💥 💥

[wassapper] 04/12/2020 11:21

Good luck with that excellance. I will follow with interest. Meanwhile folks, over at AYM with all it's copper, lead, zinc, and iron ore ...

I'm maxxed out on CHF. I'm up oodles of percent and I'm just waiting for the inevitable multiples to £100m + company

[excellance] 04/12/2020 11:14

Meanwhile, my other copper/gold play RMM has just emerged from its suspension.

[excellance] 04/12/2020 11:13

Not exactly BOOM time but recovery it certainly is!

Whoever sold at 16 must have been desperate.