HLX 0.00% 0.3¢ helix resources limited

Ground Coverage by Tenement, page-4

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    Even though the company has made several positive announcements recently, the share price does not receive the response it really deserves.

    We should expect an announcement soon from Manhattan in relation to their decision on whether to proceed to stage 2 in the Joshua Project – Chile

    "Stage 2: Manhattan may earn a 51% Joint Venture Interest in the Joshua Project by sole fundingthe expenditure necessary to complete a further 5,000m of drilling within 18 months of theCommencement Date."

    Keep in mind Stage 1 Drilling Doubled the Footprint of the Copper Porphyry System atJoshua Project, Chile.

    For the Collerina Copper Project - I assume the company is still waiting on the coherent geological model to be completed before further reporting.

    Hopefully all is positive.

 
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