HVY 1.92% 5.3¢ heavy minerals limited

Ann: Red Hill Drilling Completed - Port Gregory Assays Received, page-8

  1. 1,983 Posts.
    lightbulb Created with Sketch. 1605
    What a bizarre time to announce, an hour before market close?
    Most companies announce assay results pre market open, especially very good ones.
    Assume the quarterlies will be out pre market open tomorrow so perhaps didn't want to announce at the same time so got in early.

    I would have provided every part of this via a number of announcements.

    - Red Hill Drilling Commenced (similar to what was done with Port Gregory drilling)
    - Red Hill Drilling completed (along with a few pan visuals for good effect, similar to what was done with Port Gregory drilling. Talking up the visuals far more than what was done here, again like Port Gregory)

    - First assays for Port Gregory with a bit more excitement in a separate announcement on it's own.

    Great to have the opportunity with the rig to do additional drilling at Port Gregory though.

    No buying after this was announced, but was only just over an hour before close so assume there might be a trade or two tomorrow.

    GLTAH.




 
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