HCH 0.56% 90.5¢ hot chili limited

My belief which im guessing is similar to Buffalo's is that...

  1. 262 Posts.
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    My belief which im guessing is similar to Buffalo's is that within 3-5 years the company will be taken over for over a billion dollars. at our current 123m MC, thats about 8x current price conservatively. In 2014 when copper price was $3.10lb, Augusta Resources was taken over for 710m. They had 2.7mt copper, similar amount of Molybdenum and 61Moz of silver (HCH has about 10Moz). I am hopeful that we can reach 3.5-4Mt copper and over 3Moz gold. Using that logic of a larger resource and a higher copper price we get around a billion dollar take over value
 
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