Short Term Trading Week Starting: 18 Dec, page-154

  1. 11,975 Posts.
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    STTCOMP HMX, FA Long

    Hammer Metals
    Base metal explorer Cu Au Mo Re

    Around Mt Isa W. Qld

    $10m cap
    $7.2m EV
    $2.8m cash

    HMX drilling now their 51% JV with Glencore/ MIM

    Getting some serious shallow hits, inc 8m @ 5% Cu, 4gpt Au from 35m among others
    Peak assays 12% Cu, 14 gpt Au

    Also long established Kalman project
    And other promising projects

    Totally under the radar close to all time lows
    Cashed up and hitting bikkies

    This is approaching a RDM/ MEP style base metal explorer at 20% of RDM cap

    Very bullish on this stock
 
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