I find it interesting that no one here has discussed the strength that HMX is showing in terms of the lack of big profit takings recently. Most of us long term holders and even short term holders would currently be sitting on 100-300% profit on their original HMX investment, yet in the daily volume there are no big sellers. This should be a talking point as it truly shows the strength and potential that individuals must be seeing in our Junior Miner. I have seen of late many junior miners retracing majorly after their SP has doubled or even tripled. Hammer Metals is a company in which I believe people are all holding due to genuine belief that it will firstly, find a company making deposit and secondly, have the ability to turn it into an efficiently producing mining company due to the management team in place. I for one take this as a great sign that HMX will soon shed the tag of a “junior miner.” Every one knows that Bronzewing has the potential to have the company maker find, but I emphasise DON’T rule out Mt. Isa, as it may have the ability to not only find and ernest henry style copper deposit, but actually find a gold deposit, as I have seen at other companies over the years, sometimes you find the big whales in the spot you least expect it....
HMX Price at posting:
5.8¢ Sentiment: Buy Disclosure: Held
