CHN 11.0% $1.32 chalice mining limited

I'm sorry, but these comments make no sense."There is a lot of...

  1. 2,629 Posts.
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    I'm sorry, but these comments make no sense.

    "There is a lot of mafic/ultramafic ground to be investigated and we may be running out of time." I didn't realise it was a race. What time frame do they need to achieve??

    "As I see it we are searching for at least another massive sulphide trap - hopefully more. For some reason I think massive sulphide traps are more likely to be found close to the surface than at great depth." Geologically speaking, this is incorrect, as the shallower you get, the more oxidation occurs, and the less massive sulphides can be found. Massive sulphides are more likely to be at depth, with everything else being the same.

    The market is terrible at present, and it may get worse. The impatience of some shareholders will cause this to be a frustrating hold, but it remains a Tier 1 asset, and I am 90% sure of a development option here, so just be patient.

    All good things come to those who wait, said someone famous. I can't recall who. If not, I just made it up anyway.

    Cheers, AL


 
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