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Bullboard - Stock Discussion Forum Chalice Mining Ltd CGMLF

Metals & Mining Industrial Metals & Minerals
Chalice Mining Limited is a mineral exploration company. The Company is engaged in the exploration and evaluation of the Gonneville Nickel-Copper-PGE Project and the exploration of projects located in the West Yilgarn region of Western Australia. The Gonneville Platinum Group Element-Nickel-Copper-Cobalt (PGE-Ni-Cu-Co) is a development project located on Chalice-owned farmland, in Western... see more

OTCPK:CGMLF - Post Discussion

Chalice Mining Ltd > 270M shares out? $54M CAP
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Post by gizzyme on Sep 28, 2017 8:12am

270M shares out? $54M CAP

a bit frothy?
Comment by Playa2012 on Sep 28, 2017 8:14am
They have $53 million in cash (that's 19.5 cents in cash). 3 largest shareholders own almost half the float so fairly tightly held. Currently trading below cash value.
Comment by gizzyme on Sep 28, 2017 8:24am
ok thanks
Comment by thedave2006 on Sep 29, 2017 2:40pm
assets valued too high or low sometimes....up to you to take the risks of owning shares or not.
Chalice Mining Ltd