Hey Jongerd - happy to respond, sorry for the delay however I dont follow the forum much because I no longer hold any stock.
I did a site visit over Christmas Holidays, lots of old core in the field all stacked up, a few water tanks and clearly no onsite activity at all for quite some time.
I dont really want to comment on other copper projects in the USA, I will say that I believe that the Copper is in the ground at Hillside - however we have a lack of management skill to get Finance and to get into production.
You understand the Anchor - so I wont give you any advice on that - other than to say that I will review getting back into this stock when there is a significant variation (to now - most likely management change \ takeover).
You will not be pleased with the following.
Hog Ranch was purchased by WMC when I was working at Olympic Dam as a Geologist. It was an unmitigated disaster - The Exploration Dept Roy Woodall etal were not involved with the purchase, I believe that the core was salted (gold added to make it look better than it was). In production there was less gold in the resource - it did not leach well due to clay (same as Nifty Copper run by WMC which was really rich in copper but would not leach - did two years there too).
For Rex to have purchased this nailed it for me that they may very well not know what they are doing (just my opinion).
Being rusted on means that you are losing time on this stock - and that is costing you money, and I dont see a path to any Alpha being generated in the next 2 years.
Good luck to the holders - the copper is there and it will be a good operation once it gets up and running.
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