CHN 3.60% $1.34 chalice mining limited

Very painful with no real sp. premium. Lucky to see 30c a share...

  1. 490 Posts.
    Very painful with no real sp. premium. Lucky to see 30c a share this year.

    $80 million won't last long, once it spends another $30 million on the Mogoraib North plus another $10 million on Hurum, with no guarantees of another gold mine.
    That will leave Chalice with only $40 million left for acquisitions !

    At the very least, there should be need for any capital raising this year !
 
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