In the absence of further material change to prospects, I'm thinking its a bargain under 6c, hold from 6.5-7.5c, and if you have plenty of shares I wouldn't scoff at taking partial profits over 7.5c ASSUMING there is no change in prospects.
Probably some more random resource speculators will jump in before the exploration results come back, but to my mind the market is already pricing in decent results, in that case their might be some "buy the rumour, sell the news" type movement.
Certainly HRL are overweight hype at this point and they should make a placement at 7c to anyone who wants it (or a SPP at 5c)
Given they raised capital at 2.5c not long ago they should take advantage of the hype to secure their future.
HRL Price at posting:
6.7¢ Sentiment: Hold Disclosure: Held
