CHN 1.55% $1.31 chalice mining limited

Ann: Continuous high-grade zones confirmed at Julimar, page-152

  1. 235 Posts.
    lightbulb Created with Sketch. 73
    Big difference I suggest. CHN have clearly demonstrated plenty of Palladium et al at Gonneville.

    I think the resource announcement is now scheduled for early 2021.

    Being an Elliot Wave enthusiast the recent downturn is no surprise to me

    After all the theory is simply an observation of human behavior - specifically that there are always sellers - some more nervous than others.

    I think a moderate problem the company has is that they are generating so much information it may be difficult to present this information in a form that can be readily processed by punters - the diagrams they are using are now jammed with information.

    The company has not announced any specific plan to date but I note that commentators who are taking a stab at the resource seem to assuming that the mine plan will be to cherry pick the massive sulphide zones - with the fate of the extensive disseminated sulphides to be determined.

    The perceived movement of shares from retail holders to instos is very interesting.

    No investment advice here.
 
watchlist Created with Sketch. Add CHN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.