HAW 5.63% 6.7¢ hawthorn resources limited

price prediction 2010, page-2

  1. 1,286 Posts.
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    hi myles25,

    this company can go either way IMO.

    i do feel however their is more upside than downside though.

    they have tenements which are proven for Gold, uranium and iron ore. (iron ore is sort of proven IMO) in between Jupiter mines and BHP/western areas. no brainer imo. iron is there just how much is the question. have a good read of jupiter mines latest ann, that will give you some idea.

    trouser legs has been proven and will probably increase in size

    i do think the clark river current drilling program for uranium which we are waiting on is going to be positive as historic U finds have been proven by previous owners Afmeco.

    many doubt the management of this company but i think its no coincidence that they focusing on the 3 hottest commodities of 2009 and the demand for all 3 is going to be significantly higher in 2010-11. do some research on whats happening in china and india and more recently the USA and you will begin to see the bigger picture. i saw so many companies in 2009 rise from a measly 1c to 10-20c and more and guess what? they were U, gold and iron ore stocks. none of them had all 3 in their portfolio.

    so big potential for drastic rise and drastic fall. my money is on the rise. someone wanted in real bad last week or two.chomping away at the .009s must be some reason behind it.

    happy trading.

 
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