HCY halcyon group ltd

olive, belly, meerkat et al

  1. 75,475 Posts.
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    Well you may have noticed that I have been quiet regarding Halcyon lately. It's not that I don't love you, it's just that there is not much to report.
    It's patently clear that the market continues to punish the company. What can they do?(The company that is).
    Well, like any good company they get on with the job and say stuff the market.In due course the market will appreciate just how good the tenements that we hold are !
    Granted, progress has been, and is, slow. However, the company continues to explore and search for new ways of becoming cash flow positive.
    Negotiations are progressing with others for opportunities re j/v's and the utilisation of certain assets held by other larger companies which to them, are non essential.
    Also, with the likelihood of unlocking a very good (100% HCY) gold deposit and nickel (30% with MRE) the company lives ! It doesn't appear so in the market place, however, it is not stagnant behind the scene, and I feel it will have something positive to announce soon.
    As you know, I have a soft spot for this company, but it is certainly not the only one I'm in, or watching!
    HCY certainly has GREAT potential which is progressively being realised. I still believe it's a sleeper and one to consider.
    Keep a watchful eye on it. Don't let it out of your sight even if you're not inclined to jump in just yet.
    Also, timing is right to have a dabble in GRY with a number of likely positive releases soon.
    Good investing.
 
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Currently unlisted public company.

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