CHN 3.60% $1.34 chalice mining limited

on the brink?, page-20

  1. 3,608 Posts.
    Bill i think the main way Chalice can give the share price a boost is a bit of diversification outside of Eritrea.

    Centamin is in a bit of a similar situation to Chalice with trouble In Egypt and what they are doing is taking there geological experience they have gained in Egypt and investing in another company in the Arabian Nubian shield.

    There should be nothing stopping Chalice taking the geological experience they have gained in Eritrea and investing somewhere else in the Arabin Nubian shield as well.

    http://www.digitallook.com/news/20711642/Gold_miner_Centamin_ramps_up_stake_in_Nyota_Minerals.html

    Egypt-focused mining company Centamin has increased its stake in AIM-listed Nyota Minerals to further develop the Arabian-Nubian Shield, an area of land that straddles parts of North East Africa and the Middle East.

    It includes regions of Egypt, Ethiopia, Eritrea, Sudan and Saudi Arabia and is highly mineralised.

    http://www.centamin.com/centamin/

    http://www.nyotaminerals.com/

    http://www.nyotaminerals.com/arabian-nubian-shield/
    ( i have no shares or any position in NYO or Centamin)
 
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