CHZ 0.00% 10.5¢ chesser resources limited

Ann: Diamba Sud Drilling Update, page-26

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  1. 3,054 Posts.
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    CHZ seems to be in a terrific spot right now. Busting thru to a new high on the chart on decent volume. What a great day Friday was. A very strong sign that the loose holders have finally been cleaned out, and the buyers are keen.

    Should have decent cash in the bank. $2.4M last quarter, should maybe still have $1.8M to $2.0M at the end of December?CR risk is pretty high in coming months, but we are probably still in the clear at the moment.

    Market cap not too heavy for what it has found.Still a couple of weeks until the next batch of drill results, so maybe a drop back a little.But the set-up looks very strong for more upward movement if the next set of results is more of the same....

    Who would sell this right now?

    Cheers
    Gosouth
 
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