HDG 0.00% 1.0¢ hodges resources limited

sweden, page-7

  1. 726 Posts.
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    Yep I'm a fan too mate, took less than a month to get these results from the aquisition - they apparently have many targets (8 at Norr Dottern alone), so we could get many announcements like the one today in the future. From todays announcement "The company is currently finalizing plans for further exploration programmes on these projects". Once the big boys catch on, its due for a rerating. Just might mention too, the oppies expire in September - free money for the company. This may provide a good buying opportunity from those too lasy or without cash to exercise them who might be dumping next month.

    Bobdowne- today is less about the markets perception and more about traders in a lame market. This is currently the only stock I'm holding for the long term, not a good one for trading, but the fundamentals are very impressive. Patience will be rewarded IMO.
    Also, 7%U is not the best result in their Swedish holdings there is a 28%U sample (read ann 5th June) which was in a zone of 3% over 3m. Multiple very high grade results on several projects, more untested targets - are you gonna let some traders scare you off, or are you gonna see a buying opportunity.
 
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