Ahhh for f's sake, guys give it a rest!
If you are serious that CHK is as good as you think then why wouldn't you just shut up and accumulate?
especially if you weren't in it for a quick buck?
I want to get as many as I can under 2 so why don't you 2 just give it a rest!
From one heart to another, the conversation goes back and forth.
This heart to heart pump(could be a pun?) is relentless.
Collectively you must be responsible for more than 50% of the posts here on this thread, even look at the title of the thread.
Potential 220M structure? Ahh potential I love the way that word is thrown around here.
It's like saying it's worth 220m but not, at the same time.
The most potential I can see here is for an imminent CR!
I feel I must temper the up ramping with some ramping of my own.
FACTS
No exploration until all licences granted,
enough cash for 2 Q's from 31/12/16.
Cash balance probably already under $400,000 - and falling by the day.
CR imminent just to cover admin and staff costs,
+ extra needed for exploration + drilling.
until the licences are all granted we'll be sitting here on our hands doing nothing at all
and burning through 200-220K per q minimum - notwithstanding any unexpected expenses.
CHK Price at posting:
2.1¢ Sentiment: Buy Disclosure: Held
