Sean K
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- 21 April 2006
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Nah, expected a bit more of a recovery. Bouncy enough for me so far though. The ball is still spinning around.
How low can this go? What's the value of minerals in the ground? We're about to find out.
Yep, I agree. Although I don't think it's the cash that's the problem. Investors are rightly more worried about the long construction phase and that the environmental, indigenous and political sentiment can change so quickly.The CHN reaction might be a larger and wider comment on how the market is feeling towards projects requiring massive capex.
MeowWas $2.65 the bottom? Would still be a brave thing to ride a potential dead cat.
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I have taken it off my watchlist. Was thinking of $2, even if it fell to 2 ..n it interested. Only my opinionMeow
CHN still on my watchlist but only to remind me of the golden days when it was booming. Not holding and not interested in investing in it either.I have taken it off my watchlist. Was thinking of $2, even if it fell to 2 ..n it interested. Only my opinion
Well I suppose if you had a lazy $30 mil sitting idle why not put intp CHN.T Goyder and Alex Dorsch the salesman are almost rebuking the market for short termism. What was it when they sold huge chunks of shares at much higher prices? According to them it's short termism to be worried about capex, grade and highly optimistic assumptions about distant metal prices. This has been a hard object lesson in the reality of the 'orphan stage' of a project. A very mismanaged investment by me due to complacency and a 'set and forget' lazy mentality. I won't learn from it though, it's a constitutional flaw.
Not Held
Tim Goyder has something to say about Chalice’s ASX woes
Tim Goyder has increased his stake in Chalice Mining by $30 million, as the green metals explorer weathers fallout from its scoping study.www.australianresourcesandinvestment.com.au
My humble opinion....No Worries on DEG. Was busy with visitors checking on me with broken patella n didn't have time to check on market until now. If DEG drops further tomorrow, I will pick up a bit more.This is quite spectacular. It’s done an ASM after they released a feasibility study with an astronomical capex. $10 to $2….
Will be interesting to see how the market reacts to DEG and to a lesser extent CTM. CTM might already be being sold off in anticipation. I’m slightly worried the numbers have been leaked.
Well your foresight at the time was correct. now a 2 in front of it.CHN will be interesting again when it has a 4 in front of it.
This is starting to look like a lifestyle company, not a dedicated developer who wants to build a mine.
Good afternoon Knobby22,Well your foresight at the time was correct. now a 2 in front of it.
Going to make it my pick of the month. It is a world class resource. Someone will do something - hopefully in October.
Well your foresight at the time was correct. now a 2 in front of it.
Going to make it my pick of the month. It is a world class resource. Someone will do something - hopefully in October.
From Bell Direct:There's some scared (or very smart) people jumping ship on several big development / high capex plays at the moment. Maybe the Four Horseman have phoned ahead.
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