HCH 4.94% 85.0¢ hot chili limited

$?Bill in a ? Life mine, page-67

  1. 208 Posts.
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    Hi GMS

    I've got some sympathy, but only so much.

    Like you I have been a long term holder and had all but written off HCH until it bought San Antonio, which may yet prove significant. However, it is Cortadera which is the game changer so I have taken the opportunity to significantly increase my holding.

    Within a couple of months we are going to be given some estimate of the size of the resource and its prospects. By Christian's account it looks like it may be a major deposit which, unlike Productora, has a size and grade which is likely to attract either partners or a take over.

    If that is not the case then clearly we have been mislead.

    When all is said and done the only reason that this company is still around is because he and the family have hung in there, been accepted by the locals and kept prospecting. Just possibly they have found a big one.

    So let's see what happens with Cuerpos north and south, whether the Cuepos link up at depth and the size and grade of the core.

    Until then I'm prepared to give Christian a break and, at these prices, maybe buy some more.

 
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