it sure has impacted it but it was the right decision rather than waiting a year or so to be the financial position to do it while possibly putting us at more risk and not taking advantage of the rising copper price. Who knows but I think it was the safe bet.
I would of much preferred it done after a couple months of profits on the board and the share price being at a steady 5-6c but at the end of the day the big boys with the money get to decide that and maybe wouldn’t of invested at higher prices when it was in the books.
unfortunately the retail investors and long timers are the ones who cop the damage and some lucky new investors get to time it quite nicely especially if they managed to get a nice chunk from .028-.035
HGO Price at posting:
3.6¢ Sentiment: Buy Disclosure: Held
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