CHN 0.00% $1.39 chalice mining limited

Positive Drilling results from Oklo Res., page-7

  1. 177 Posts.
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    You are right hinklestab, it does take a lot to move CHN along. I've been hanging on for a number of years now, the main reason being I see the substantial holding Chairman Tim has in the company. But I think Tim might have a different timetable to me - now in my late seventies, I don't want to be hanging in for too much longer waiting for a decent return on my investment.

    Some positive signs of late have been:
    Tim and associated parties buying 1 million shares (21st March notice)
    Chalice's initial buying of shares (they have also added to this) in OKU was 18.9 million shares for a cost of $3,458,787 or an average of 18.2 cents. Just a while ago OKU was showing 33cents. That's a gain of 14.8 cents per share, or a $2.8 million profit.
    The price of gold when Chalice was buying these shares was in the US$1230/1240 range. Now it's US$1254.

    But for all that Chalice share price was 17c./17.5c at that same time. It's showing 18c. now - not much of an improvement considering what has happened in the past 4 or 5 weeks.

    Hinkjlestab - you might also read the posts that H.C. has on the OKU site, they keep you in the loop also.

    MM
 
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