Hi Gents
I will give you Several reasons why insto's will gladly pay & buy on Market - WHEN THE TIMING IS RIGHT
Insto's dont play by the same rule book as retail investors, they are happy to pay 500% more for a stock or whatever that % might be.
BUT - they want confirmation that this thing is the real deal & for the Asset to be De-Risked to an acceptible level before they will dip too much of a toe into this Pond !! So what factors are they looking for:
- Tier 1 + Status = Ecomonies of Scale
- Confirmation that the Porphyry extents well beyond the current footprint, this confirmation will Drive us through Tier 1 Status
- Solid mining jurisdiction with low soveriegn RISK
- 100% Ownership
The above are only a few items - but the BIGGEST one being that we wont be doing anymore CR's for well over 12 months !! & If we Prove that Cortadera North is Mineralised, then that will tick off 3 of the above concerns & will Very likely lead to that triangle from
Cuerpo 1- Cuerpo 3 then accross to Cortadera North & back to Cuerpo 1 all meeting up at Depth IMHO
Which will mean anyone wanting in will be buying on market at multiples of where we are now !!
& insto's will be the ones driving the BUYING action IMO
So it ALL comes down to RISK v REWARD = Those of us that have had the courage to buy early & HOLD will be rewarded Handsomely IMO
As will those who wait for a higher entry price ( Just not as Handsomely as the rest of us )
God Bless
- Forums
- ASX - By Stock
- HCH
- No updates to Shareholders
No updates to Shareholders, page-86
-
- There are more pages in this discussion • 53 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add HCH (ASX) to my watchlist
|
|||||
Last
82.0¢ |
Change
0.015(1.86%) |
Mkt cap ! $124.1M |
Open | High | Low | Value | Volume |
81.0¢ | 87.0¢ | 81.0¢ | $102.8K | 122.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 627 | 82.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
88.0¢ | 2000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 627 | 0.820 |
2 | 29722 | 0.810 |
4 | 10344 | 0.805 |
4 | 4750 | 0.800 |
3 | 35093 | 0.795 |
Price($) | Vol. | No. |
---|---|---|
0.880 | 2000 | 1 |
0.895 | 335 | 1 |
0.900 | 5000 | 1 |
0.935 | 1000 | 1 |
0.940 | 20000 | 2 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
Featured News
HCH (ASX) Chart |
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online