HAW 0.00% 5.4¢ hawthorn resources limited

Trend breakout at the beginning of may, corresponding with the...

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    Trend breakout at the beginning of may, corresponding with the quarterly report. What was in the Q1

    65% Iron ore, awaiting more samples.(who else has this)

    10km track made for 8km hematite strike, plus 20km of magnetite.

    outcropping. (close to surface, cheap to mine)

    Drilling to be expidited, means fast tracked.

    Drilling in june, only 1 week away.

    Merger (ell holders will trade as haw from june 11th), look for sharp price gains to june 11th, as short term traders pushn up the price and sell into more liquidity.

    Meduim term, looks positive on the Fe front with drilling starting, imo 6-12c could be likely in the next few months, throw in 1-2c for the rest of the projects, could be 14c.

    All this is my thoughts only, at the end of the day a decision has to be made, if it's right then good if it's wrong then you learn from it.
 
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