HRR heron resources limited

to acquire a near term producing asset, page-22

  1. 19,937 Posts.
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    sally

    i hear what you are saying but recent SP action suggests bad news or forced selling.

    the 5 minutes a day that i am positive is leaning towards forced selling.

    no doubt in my mind that 0.42 will get a touch up, now we have another 200k at 0.425.

    So as always the smart money knows when to wait and when to but, right now there is just no buying.

    also you have to say that at these prices, it is an absolute no brainer for a buy (more so for those who are not current holders) unfortunately i am holding more than i like than i like, hence my uncomfort.

    $0.48 low versus $1.40, thats an impressive fall, BHP and CVRD on the register or not.

    For all i hold they may be the ones selling this down for a cheap take over play or JV arrangement.

    damn ugly no matter which way you look at it

 
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