Morning all,
Thanks to AB for his reasoned posts and informative research. As many have said, it has been a breath of fresh air on HC.
I've been in this coy for a while and seen it at its nice highs and at its low's. Maybe i should have traded out at the top and re purchased at its bottom. However, i have always been long on this.
I was happy for the coy to drill the perimeters to ascertain how big a resource we were looking at. The market is fickle and traders have been all over it to make a quick $. Hole 3 confirmed the potash was as expected, nothing majorly different from previous results. As such, i am confident as ever that, assuming we get fed approval, we will see good drilling results and an improved SP.
It may be a slow month whilst we await approval, but if you all have chance, you should have a listen to the last broadcast by Ben. Was very interesting and well worth a listen to.
I noted a few of the rampers have jumped ship. I question their research though. At one point one of those guys was suggesting $20 a share and now suddenly they have bailed with a loss. I am sure they will be back once the SP moves in the right direction to make a few $.
Good luck all.
Regards
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