CHN 3.63% $1.60 chalice mining limited

Ann: Continuous high-grade zones confirmed at Julimar, page-96

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  1. wbn
    466 Posts.
    lightbulb Created with Sketch. 90
    My take and experience over many years of the hiccup:

    1) financial year is finished and overhang done
    2)funds internationally balance their books- both for the year and for the quarter plus asx 200 readjustment
    3)results from Friday again derisked the project- there was plenty of length to some of the lower grades if you check there drill results table at the rear of announcement...JD052 - 252m @ 0.46 g/t pd etc etc
    There are a few of them like this, just helps when your
    treating ore, it’s still adding value which is better than no value
    4) GS probably played a few games, couple of announcements we are in/out/out/in
    5) the pd price rose back to $2800 from the correction price of $2500 which reaffirms its strength that it wasn’t hype but rather market demand/ supply
    This increases the value of the inground resource

    and majorly for me:
    Every day, we are one day closer to entering the enchanted Forrest.
    It was also announced some more work will be carried on there hands on, some more soil sampling and em surveys....

    GLTA....
 
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