CHN 4.51% $1.39 chalice mining limited

Ann: Chalice expands drilling program at East Cadillac Gold, page-19

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  1. 11,185 Posts.
    lightbulb Created with Sketch. 2609
    Hi bluebird,

    Thanks for that insight.

    As I'd mentioned I've never invested in these frozen wastelands before.

    As per the link I provided the average temperatures at Larder Lake drops below zero degrees Celsius between about mid-Nov and mid-March. The thaw happens between mid-March and mid-Oct. Coming from a place that has relatively normal temperatures I didn't appreciate the nuance when it comes to exploration. These are truly hard conditions if it's better to get your exploration done when everything is frozen over. I just saw that Feb was one of the highest months of snowfall so assumed that would be a pretty sheet month for drilling.

    You live and learn.

    So it is buy the freeze and sell the thaw.

    Eshmun
 
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