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It's very easy to talk when one has no skin in the game. I hold a similar amount to BB and am not scared, depressed, selling, or destitute.
or 12p good....
I would throw £200k at this if it drops to silly levels...
Poly metal are her for the same reason as me.....
Short term moves on sentiment do not worry me.....
24 months minimum...would not sell if it hits 30p.....
I see a very nice business built on fundamentals....
We have copper and gold in our amazing safe mining jurisdictions.....
I see Gold @ $2500 soon enough and copper @ $15k
News will drop next week.....back into double digits....
Destitute are you invested here and underwater, or just looking for a lower entry point?
We don't need pre news when its immanent Dessy.....
We just need the assays then ride the wave......
Have a great weekend all......
Also expecting an update from Labrador...........
Double wammy.......
Mainly the lack of tweets, having previously been so active, Is my concern.
The sp has been falling since around the middle of May 2021 and then not helped by the subsequent placing either. It reached these current sub 9p levels on 17 August 2021. Since then, we have been range trading between 9.3p and 8.5p. So I'm not sure its anything to do with leaked results as its been on the fall already. The copper price has also pulled back in recent months, so there could be a sector element to this as well?
The lack of tweets is difficult to comprehend though. If they were still tweeting updates, it wouldn't be as bad.
PiffleHound, “ Has the Cyprus drill program been completed? Have samples from any or all of the holes been sent for analysis? Have any assay results been received? ” reasonable and valid questions.
And this is the point, they said in a tweet that results will be in September, that was weeks ago. We are now in September and they have not yet said that the drilling is completed.
I am now getting concerned - news blackout and SP being hammered is not a good sign from my experience.
SP is now well below placing SP of 10p and yet there are relatively large sells.
The speculation that a deal in negotiation is leading to a news blackout is piffle. An announcement about a potential deal can be delayed under DTR 2.5 and the related ESMA guidelines if release could jeopardise the negotiations. That concession relates to news about the deal itself however and not other inside information - such as drilling results. CHF has legal (MAR) and regulatory (FCA listing rules) obligations that can't be overruled by confidentiality arrangements.
Has the Cyprus drill program been completed? Have samples from any or all of the holes been sent for analysis? Have any assay results been received?
Come on CHF, let us know what all the effort and expense of the last few months has yielded - good or bad. Companies can't delay releasing bad news in the hope they'll have some good news to report soon.
In my opinion, they should update us, say something… the SP is getting a real hammering. What if it is a leak?
Relatively large sales below 9p!!!
This is worth a barrage of emails to them asking wtf is going on. They were tweeting almost daily before the placing … the one that wasn’t meant to happen. Why the blackout now?
This blackout would not be too bad if the SP was holding, but is not.
Quite possibly, but why not just tweet that? Whilst the 'blackout' might be disconcerting, it has to be remembered that the last tweet was on August 9. By that stage, everything was positive, because only days earlier they had tweeted "our programme is making good progress, having already drilled several targets mineralised with copper and gold." Now, could they be doing some kind of deal in the background re Cyprus, which deal was contingent on the assay results, and which would allow them to focus on Labrador (and in the process raise funds for that as well through a sale in Cyprus). This could also explain the 'blackout' if indeed we can call it a blackout?
Or are we all overthinking this and there's no story here, just a case of waiting for the results?
The drilling programme was 2000m. By 23 July, they were at 300m. By 4 August, they were half way through it, which might mean 1000m or it could be some other measure. We can reasonably assume that they would have finished by around mid to late August? It is odd that they stopped tweeting.
We have relatively big sellers below 9p. Looks like the 8.5p bid will be blasted out soon.
This news blackout from CHF is having a very bad effect on the SP.
OK, assays in September … sometime in September … if there is no slip.
Why not at least issue a tweet? It has been weeks now since the last one - this is becoming frustrating and inexcusable.
Tweets prior to the placing were coming out almost every other day, sometimes every day. Placing done … SP destroyed … news blackout!
For it to be good news, it would mean they have found significant copper and gold mineralisation. I can't fathom how anyone would argue that such a development won't cause a rise in the share price. On the contrary, surely that type of news would cause the sp to go up considerably. If you don't believe that good news is going to help here, then why are you invested/commenting on here in the first place?
Legalwolf, thanks, found it https://twitter.com/chesterfieldplc/status/1422799039465132032?s=21
September it is.
There was a tweet on 4 August to say results expected in September. A tweet from 6 August stated "a diamond rig on site in Cyprus. Our programme is making good progress, having already drilled several targets mineralised with copper and gold."
Not sure how relevant this is, but I do recall the company saying that they would learn lessons from what happened last time round when they reported results which they considered to be promising, but which were not all that well understood and hence well received by the market. So, you might expect them to be taking extra care this time round in preparing the next RNS.
Bitcoinbuyer, where did he say September? Reference please?
September.....
I was under the impression that Cyprus results were expected in Aug/Sep but I cannot find any reference to confirm this.
Did CHF give any guidance as to when we can expect these results?
All will be just fine, no raise and fab assays...
I have never listened to so many Chicken Licken ...the sky is falling in stories for a long time.....
Get a grip guys.....
Destitute, I don’t think there is a placing coming.
On the contrary … they just had a placing and are now not interested in keeping shareholders happy - last RNS was in June and last tweet was over a month ago on 9 Aug.
Before the last placing we had almost daily tweets, now nothing, nada, zilch.
It is clear these VMS deposits in Cyprus are particularly rich in Gold
https://twitter.com/ChesterfieldPlc/status/1418468056863592448?s=20
That is what I am expecting......