CHZ 0.00% 10.5¢ chesser resources limited

If there is talk in chat rooms that next CR will be for...

  1. 458 Posts.
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    If there is talk in chat rooms that next CR will be for production or takeover, it is hard pump, IMHO. They would need to do further further drilling, maiden resource, preliminary economic assessment and more drilling preliminary feasibility study and bankable feasibility study. There is almost zero chance that somebody will take over before PFS, if not FS. If things really good and fast it will take about 1.5-2 years. Then you talk about production financing.

    Just recently raise 6M, ideally next one would be circa 15M, but potentially after start of drilling program and additional assay results, purpose of the fund will be fast tracking exploration and resource drilling or adding some more drill rigs.

    Most importantly we will have very exciting 6 months to see how large will be the last excellent drill results. The size will define the route that CHZ will charge forward.

    Only short time traders push for 50% increase for a week. If it happens nice, but not too important. Aim is to have very good drill program, then price increase will come.


 
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