CHN 0.47% $1.07 chalice mining limited

A drill a drill my kingdom for a drill, page-7

  1. 235 Posts.
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    Cant see anything in that which would cause me to jump overboard.

    In my mind this is now beyond boring and well into brassed off territory.

    This is the third time recently (that I am aware of ) that 1 million odd shares have been offered for sale very late in the day - at a discount to the last sale price.

    Previously the seller waited for a price and not many were sold and the balance were withdrawn.

    However today the seller scooped up buyers down to the 16.5/17 cents level - again right at the end of the day.

    Makes me wonder if there is a takeover bid out there somewhere - the company has a big pot of cash and a fabulous footprint in the Victorian goldfields and now with a MC less than $50 million - sounds like a very juicy target in this current cash rich environment when cash can be borrowed at negligible interest rates..

    What is a good defensive strategy? - start drilling like crazy

    I have not seen any drilling schedules at all



 
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