Loo CHK's recent announcement and see the geological map with Ultramafic rock contact where cobalt carrying minerals such as Cobaltite, glaucodot, heterogenite and erythrite etc are occurring which has very concentration of cobalt ( see previous research papers on this Cobalt mine)
CHK cobalt deposit is very high grade. Further exploratory drilling will reveal you all (wait and watch)
So, CHK will re-rate itself. I'm expecting 10c early April 2017. CHK directors ( three) hold nearly 50% of CHK shares. So, CHK shares will never be fully diluted.
If superfunds jumped on CHK then CHK will be reaching in 20c and above in couple of months time.
DYOR
CHK Price at posting:
2.9¢ Sentiment: Hold Disclosure: Held
