Pervasive mineralisation extends right to the fence line. It would logical to conclude that mineralisation is not constrained by man-made fences and therefore there will be mineralisation in the forest. How far, nobody knows until the results of surface sampling are analysed along with the geophysical surveys.
Bells have made a rather conservative valuation of $5.60 and assuming metal prices don't crash, the new disclosures of 4 new high grade zones, in particular, G11, I would conclude that there is a lot more upside than downside at these levels. Can't help it if markets crash, like today!
As I've stated in an earlier post, must have rocks in your head to be selling. I'll just continue to buy a bit more each time it drops. Dyor
Fair Price for CHN with current resource ?, page-5
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Last
$1.07 |
Change
0.035(3.40%) |
Mkt cap ! $414.2M | |||
| Open | High | Low | Value | Volume |
| $1.05 | $1.09 | $1.05 | $2.859M | 2.686M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11150 | $1.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.08 | 14000 | 2 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| CHN (ASX) Chart |