HLX - the next 5 bagger cobalt/nickel play?, page-252

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18/01/18

12:25

Post #: 30393736
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Originally posted by La Tache ↑

@Technician - I love your work; great depth and top notch insights, may I say.

The dip plane of the Central Zone looks especially interesting because they apparently have more than one conductor at that location. Note the following (underlined by me for emphasis):

"Helix plans to expand the exploration program at the Collerina Copper Deposit, allowing it to continue to drill test recent Down Hole Electro Magnetic (DHEM) conductor positions modelled in the dip plane of the Central Zone."

Given the regional characteristics, it looks like there's something down there, but where exactly to drill?? Is it just 2 perspectives of a good-sized target?? It may take a few holes, but with quality hits above that already made on the discovery, starting near surface, this is a very compelling drilling area, especially given:

* the propensity of orebodies around here to plunge a long way down a.k.a. there could be a lot of metal here. @1ForDaMoney could describe this better than I can;

* any extra tonnes that we find now will make a huge difference to the economics of Collerina.

Since we're in only the early days of a huge battery metals boom, with tens of kilos of copper - and (I think) required for each of the millions of EVs (and associated infrastructure) that will hit the market soon and associated infrastructure, I do think Helix has got "Bagger" written on the side of it - especially, as we have other metals too. The Bagger font could be a bit darker but more drilling should achieve that. We'll just have to be patient ...I

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I like this font 30c +

Cheers

HLX Price at posting: 4.4¢ Sentiment: Buy Disclosure: Held
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