Channel Resources Ltd V.CHU

NEWS

[ragingcanadian]

Now we wait for results. Wish they would have given a timeline

[BombVark]

Hello Raging, you seem a little lonely here, lol. I took a small position last week. The private placement seemed a little funny, as I understand it simply, The insiders at CHU sold some of their shares to outside interests and then the insiders bought the PP because there was difficulty setting the terms of the PP? In any case we shall see what happens.

[ragingcanadian]

Its a pretty quiet board but thats ok. Ive been buying waiting on results from a third party. Now we know that is coming in the near future. I suspect we might trace upwards from here as people spec. on this as they look for another First Gold. Markets are jittery but they jump all over a good story and CHU is a good story. We shall wait. When the results come in we should be rewarded

[BombVark]

Do you ever talk to IR? I would think initial testing would be a relatively quick process. If promising can be fine tuned.

[ragingcanadian]

No I haven't. I rarely do. Find them somewhat useless most of the time. IMHO results will come within the current Q. Firming up the amount of Lith. or Pot wont take long but figuring out the best process to extract will be more involved I suspect.At this point CHU needs to get the word out on their plans. Which are unique. A PR on the amount of resource would help