HMX 0.00% 3.4¢ hammer metals limited

Ann: 11m at 5% Copper & 2.5g/t Gold near Significant EM Conductor, page-211

  1. 7,366 Posts.
    lightbulb Created with Sketch. 452
    Trafalgar was a little underwhelming really and downgrades what to expect from there. I regret not selling at 12 to some degree now but most of this drop is market sentiment - looks at lithium miners and other explorers, all off 20% this week.

    Ajax was great but the first hole nearby was a dud so don't know if we can expect too much though the direction appeared to be to the east but I did not like the complete blank nearby. I also thought Ajxx follow up drilling was due by now and one other spot, thought there was 3 spots due in next week. This was from Trafalgar release which indicates some sort of imminency to these results does it not?

    "The results from these upcoming programs are in addition to several eagerly awaited results from our recent drilling activities at Ajax, Overlander and Neptune.”

    Sentiment a bit negative now but it goes in cycles, we may drop to support at 9.5c firstly then 8c if we do not see some strong results soon.


 
watchlist Created with Sketch. Add HMX (ASX) to my watchlist
(20min delay)
Last
3.4¢
Change
0.000(0.00%)
Mkt cap ! $30.13M
Open High Low Value Volume
3.5¢ 3.5¢ 3.4¢ $6.019K 174.9K

Buyers (Bids)

No. Vol. Price($)
1 4487 3.5¢
 

Sellers (Offers)

Price($) Vol. No.
3.7¢ 50000 1
View Market Depth
Last trade - 12.54pm 27/06/2024 (20 minute delay) ?
HMX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.