HMX 2.50% 3.9¢ hammer metals limited

Ann: RIU Media Clarification, page-21

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  1. 7,379 Posts.
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    I went and looked at the Kalman JORC release way back when and the system looks like 100M across, so narrow, and straight down. Does not look that mineable to me or certainly not ideal. Also why have they sat on it for 8 years? Why wouldn’t they focus all their attention on this area to start mining especially where copper prices are now? HMX is a company of inaction, CNB delivers. CNB also has 3 cracking prospects they are still uncovering and expanding whereas HMX has more or less had dusters all around over the last 2 years I’ve followed them. I do agree though HMX could be cheap still, we may see it run more and chart suggests a breakout once it clears resistance at top of ascending triangle.
 
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