CHN 3.27% $1.42 chalice mining limited

Ann: Trading Halt, page-152

  1. 1,731 Posts.
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    Yes I can see the usefulness of a CR...tied with another great exploration result...TG will I believe go in deep and throw money at it...ie more drill rigs...they will know best but the cost of exploration in relation to the resource added would be weighed up..ie the risk reward ratio and if they feel it is in their direction not just marginally but significantly they will drill it.
    Like Kathleen Valley..started small and as the deposit grew rigs were added...they knew they were onto something special ...Julimar is already something special.
    Also if the market turns downward to have the money there so they can do justice to the discovery will always give options as has Kathleen Valley
    All speculation wait see!
 
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