Treefeed, I do not think HAZ plans sound as bad as you put it . HAZ had a few things going in 2010. Mt mulgine project was one. Also, ATC at the same time. Since then, their priority was to get ATC up and running because they know it will generate cash faster than all the other projects, I believe. It proved to be so, so far. As far as big hill and mt mulgine are concern, you will buy another goat if you see the other goat can produce good milk for making goat cheese later. HAZ did not loss out financially as such by acquiring mt mulgine. It is an asset sitting there to be developed later, with the aim of producing feedstock for ATC. The other 30% acquired from Gindalbie was also good because it was a cheap buy as Gindalbie is in financial difficult with its projects and desperate to sell it. Mt mulgine has great potential. One problem though is mt mulgine has Minjar gold having rights to it also and HAZ has to work out a combine plan to mine tungsten while Minjar mining the gold. Good move in my opinion. The priority for ATC is also good because if it starts to generate cash, then HAZ will find it easier to finance the big hill and mt mulgine projects. Some in the forum seems to be over concerned about the incomplete SPP. I think it is neither here nor there. They have similar experience with ATC share entitlement issues back in 2010. If I remember correctly, a few mils short also. They moved on and ATC is up and running as a successful project (fingers crossed). We will see what is to be announced as far as the latest ATC campaign is concerned end of Jan. I am quietly confident. DYOR. Good luck to all share holders.
HAZ Price at posting:
3.7¢ Sentiment: Buy Disclosure: Held
