CHZ 4.17% 12.5¢ chesser resources limited

re: Ann: Investor Presentation - Melbourne Mi... I love the...

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  1. 926 Posts.
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    re: Ann: Investor Presentation - Melbourne Mi... I love the comparison work in the presentation between the Kestanelik project (CHZ) and the Extorre Gold Mine's flag ship Cerro Morro gold project in Southern Argentina.

    Cerro Morro:
    505 exploration holes drilled for 63,500m delineating so far 800,000oz of gold equivalent (including other metal credits).

    Kestanelik:
    225 exploration holes drilled for 25,100m with a JORC resource awaiting (500,000oz??). I am not familiar with the geology of Cerro Morro but thus far we have only tested 7 out of an identified 82 vein structures on the property!

    Extorre market value $850m

    Chesser market vale $90m

    Expect Chesser to move closer to the Extorre multiples as the drilling programme continues with monthly drilling updates to keep the market focused on how well things are developing.

    DYOR....the above is for discussion only, not a prompt to purchase.
 
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