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Cobar gold !, page-53

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muroran

170 Posts.

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11/09/19

13:28

Post #: 40382157
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Originally posted by Pushhi: ↑

Yes LT I too am frustrated with Helix slow pace of doing things. Head office salaries and costs are the same though.
A quick look at ASX announcements in 2019 showed me this
January - Collerina drill results
February - NOTHING
March - Collerina drill results. Samuel drilling purported to start. GOOD
April - NOTHING
May - Samuel drilling visual results
June - Long delayed Collerina Resource. GOOD
July - NOTHING
August - NOTHING
HLX has a languid approach to exploration. Should be doing enough work to announce things at least once a month. Over 3 months since first Samuel drilling, where are the assays? If they are not reported they must be no good??
Compare this to the drive of active explorers like PEX, IPT, ALK, ERM, to name a few.

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Maybe because HLX is working with a shoestring budget ? I want to assume all sleeves are up including the MD's, they know what we want.

I recall they still gave us the big bang per buck spent on exploration.

HLX Price at posting: 1.9¢ Sentiment: Buy Disclosure: Held
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