Yesterday saw rarely discussed Chalice Mining (CHN) soar over 28% after releasing the results from its WA Gonneville deposit – the 6 metals in the find tick all of the current desirable boxes as the world targets zero emissions i.e. Nickel, copper, cobalt, palladium, gold and platinum. This is undoubtedly a phenomenal resource discovery with the only tough decision being where to value the stock moving forward, we believe momentum and the make up of the metals in the discovery will see CHN test $10 in the coming months i.e. 15% higher plus for good measure its already being touted as a takeover target.
MM is bullish CHN initially targeting $10
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