CHN 2.77% $1.49 chalice mining limited

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  1. 465 Posts.
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    Hello Robjm,

    Thanks for those links to Tesfanews. It seems things are OK for miners in Eritrea at the moment.

    But I do wish Chalice would smarten themselves up with their assay announcement on Mogoraib North. They said on 16th. April that it would be expected by the end of the month. Here we are now (22nd. May) - over three weeks past their estimate.

    If you forecast two weeks ahead and nothing eventuates by 5 weeks, you would start to wonder how well management are in control of these matters.

    At the very least I would have expected an update on the release date if the anticpated end of April had been put back.

    Just hope they haven't gone off to drill a few extra holes to get a bit better result. Not uncommon for a junior miner apparently - according to a segment in the ABC's "The Business" programme last night.

    Mulgoaman
 
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