CHN 1.80% $1.37 chalice mining limited

re: Ann: Chalice Gains Exposure to Two Explor... If you look at...

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  1. 490 Posts.
    re: Ann: Chalice Gains Exposure to Two Explor... If you look at the supposed Glencore takeover of OZ minerals, it's mainly for their prominent hill copper gold assets/operations


    If you look at the why CHN just brought into the SA fields, there your's reason there !

    They figure it's a good bet that there is still gold and copper deposits continuing up north


    As for the merged operations with the Canadians Coventry resources, that looks like a risky bet while gold price is falling or wanning down in price !

    The share dilution for CHN shareholders means that we need the the Aus dollar to go down to 80c !!! Otherwise CHN shareholders could be in a lot of pain come the start of Fed tappering !
 
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