12m mc, 3m cash, 400mt jorc!! 2bt target!!, page-99

My opinion:

Hodges is currently -significantly- undervalued given what we now know about the company, their recent acquisitions, and their relatively ST plans for the future. This stock is a STRONG BUY at 45c with a fairer CURRENT value being 10 to 15c higher at minimum.
In case I sound like a ramper, I will add that this is a MT to LT hold for me. I am not interested in selling out if it spikes to 50c in the next week. This stock is a loaded gun that I will only consider letting go of at the 90c - $1 mark.

I do not believe it would be difficult for the company to find eager investors at last weeks price and I am not concerned that they chose today to elect for a trading halt today. We are not heading out to Kalgoorlie with tin hats and metal detectors here. WE HAVE COAL. LOTS OF COAL! We just need a little cash to pick it up with :) Would not be suprised to see 10 million raised after the halt.

I dabble in my share of day-trading, but this stock has <> written all over it. A lot of money on this one, and I plan on coming along for the entire ride.

NB: NOT RAMPING! Really. Just excited. Couldn't care less if no-one on hotcopper jumps aboard - would just like to share my sentiments with the holders.