CHN 3.30% $1.10 chalice mining limited

on the fringe.., page-14

  1. 1,190 Posts.
    If Chalice finds a number of deposits at Mogoraib North, I think they could sell the whole or part of the tenement to Nevsun.
    Nevsun can process the ore at their Bisha plant which is only say 15 km away. So that would be better than doubling up with a new processing plant.

    North of Mogoraib North is a different geology, said to be similar to Zara.
    That may prove to be a feasible gold deposit. If there is gold there, maybe they will split the tenement and sell the southern part to Nevsun.

    Sunridges project sounds too complicated. I think it's too close to the capital city for the Chinese to be interested. They would rather rob you in the carpark, then in the arcade.
 
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