Fosterville has placed the Bendigo gold district back on the map - and Chalice is right next door, page-18

Its funny how people these days look at the charts.

I look at this ("Resources Rising Stars Summer Series Presentation" Feb 2019)

"Unique strong financial positionc. A$26M in cash and current assets at 31-Dec-18(~A10cps) – no capital raised since 2011

I was going to cut and paste some parts of it but there is just to much going on. IMO they are targeting some large potential quality discoveries and are cashed up.

According to their presentation they haven't raised capital since 2011 and have returned millions to shareholders which IMO demonstrates that they have quite a bit confidence in what they are doing unlike some of the "turd explores" I've invested in that are constantly putting their hand out for more cash. 

Can this turn out to be nothing and go to zero? Yeah anything can happen. Its a highly speculative investment but looking at what they are going after, their cash position and what appears to be a group of very experienced people I like my odds. Not to mention gold seating around AU$1,860 and a lot of large cashed up gold miners needing to add to their current resources and reserves.

This is only in my opinion, not offered or to be taken as financial advice, DYOR