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Thread: Gold Juniors

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  1. #1
    Legend shasta's Avatar
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    Quote Originally Posted by Logen Ninefingers View Post
    Anyone here done their research on CHN?
    - Drilling to start soon near Kirkland Lake's rich Fosterville mine in Bendigo
    - Drilling to start in January 2019 on trend of multi-million oz deposits at project in Quebec
    - Proposed capital return of 4 cents a share to shareholders which will still leave them with +$20 Million in kitty
    - Vanadium project in QLD
    Have held before, bit stumped at the capital return surely you would progress projects, extra drilling etc than give cash back. They also hold 10% of AUC:ASX.

    Needs a discovery in Canada to get publicity/interest and on the radar, given the market ascribes little value to their projects.

  2. #2
    FEAR n GREED JBmurc's Avatar
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    Quote Originally Posted by shasta View Post
    Have held before, bit stumped at the capital return surely you would progress projects, extra drilling etc than give cash back. They also hold 10% of AUC:ASX.

    Needs a discovery in Canada to get publicity/interest and on the radar, given the market ascribes little value to their projects.
    Yes CHN Vanadium project next door to IRC's
    "With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu

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