Replies to post #22 on Chester Mining (CHMN)

[brandemarcus]

1. I think chester owns only about 300k of independence resources and the majority is held by brush praire minerals (privately held by Bill Campbell). Those shares were acquired for the rights to the cobalt property in Idaho and the gold property in California.

2. What's more interesting is the new departure and conjecture properties which were transferred (70 % only!) to Australian listed Black Mountain resources. Chester plus 40% owned Lucky Friday extension mines own about 300k of this company which has a total market cap of about 7 million. However they also seem to retain 30% of new departure and conjecture properties with an implied value (based on 70% black mountain res) of over 2.5 million.

3. That 2.5 million value is over 1 million more than the total market cap of chester without including the whole chester and bismark properties that are part of the sunshine mine.

4. I have been trying to contact Bill Campbell at the 800 number listed on the chester mining web-site to find out whether points 1-3 are indeed correct. Maybe someone else who reads this will have better luck.