Something stinks.Mgt are not telling us the full story. Based on...

  1. 22 Posts.
    Something stinks.

    Mgt are not telling us the full story. Based on numbers presented by mgt in past presentations CH is worth more than $25m.

    I know which horse I will back - Mincor. Their mgt must be doing cart wheels in their boardroom they got CH CHEAP.

    Wouldn't surprise me that in the next 12-18 months Mincor will announce additional resources for CH with extra drilling.

    Make no mistake about it they are burning the cash fast and the banks must have been wary in lending more monies given the company's already pecarious posiiton.


    They needed to sell. If they can't make a decent profit from the current POG they never will.


    Mgt are Di**heads. Bet they still get their fees!
 
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