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Ann: Drilling Commences at Hylea Cobalt Project, page-59

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unlucky_bacs

6,289 Posts.

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13/06/18

21:47

Post #: 33693475
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Originally posted by kellbys ↑

unlucky_bacs,

I feel for you matey. We've all held those stocks at one time that break us. However I'm confident because management is confident. I don't rely on luck when investing. Have done my due diligence before investing. There was a number of positive things that made this stock stand out from the crowd for me when i was considering investing.

1/ Company has $1.5 Million in cash at bank.

2/ Top 20 hold 80% of stock. ( thats almost unheard of )

3/ 1 Billion shares are held in escrow until May 2019 and can't be traded.

4/ Known resource is close to surface.

5/ Location. Next door to CLQ and AUZ is about as good as you can get.

6/ We have the right geology to host Cobalt. The laterite sequence hosts cobalt – nickel – platinum and scandium mineralisation consistent with the nearby Sunrise (CleanTeq), Flemington (Australian Mines) and Owendale (Platina Resources) resources.

7/ Theres a lot of upside that may surprise many. Hylea has received comparably very little exploration, which principally targeted platinum, nickel and vermiculite but not cobalt.

8/ Historical drilling has confirmed high grade Cobalt close to surface over significant widths.
Results such as 7m at 0.32% cobalt, including 1m @ 0.64% Co (hole HRC007) and 8m at 0.27% cobalt, including 1m @ 0.85% Co (hole HRC003).

9/ Along with high grade Cobalt we have potential for other minerals including Scandium, Nickel and Platinum.

10/ Current drilling campaign has confirmed Laterite intersected in all of the first 13 holes drilled as at 14/5/18.

11/ HCO MC is only $22 Million, compared to AUZ with a MC of $260 Million and CLQ with MC of $780 Million. HCO has plenty of room to significantly rerate on positive high grade Cobalt results.

12/ Assay results are less than a week away and drilling is progressing with 50 hole drilling campaign nearing completion in late June.

13/ Significant news flow expected in coming weeks and months to support continued rerate of share price and interest in stock.

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Thanks for the detailed response most bailed when old unlucky was still holding rir and got my balls when and truely burnt.

Thought old unluckys luck had changed then logged into see the crypto market wowee boy oh boy old unlucky needs this to pay the gas this week!

HCO Price at posting: 0.8¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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Last 25.5¢		Change -0.010(3.77%)		Mkt cap ! $467.5M

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Ann: Drilling Commences at Hylea Cobalt Project, page-59

Antipa divests its Citadel interest to JV partner Rio for A$17M, refocuses on Minyari Dome

Vulcan appoints investment bank and M&A veteran to board

Medallion Metals kicking off 15,000m drill run at Ravensthorpe gold play

Enova Mining unveils "high-grade" REE drill hits at Coda North, Brazil

Week 37 Wrap: HotCopper likes Cuban oil; markets shrug debate off for Putin; firebrand quant says social media a market threat

Dale Gillham's weekly wrap: US fracking support boosts outlook for Australian gas stocks

Metals Australia kicking off plant study at Lac Carheil; Canadian tariff tailwind potential

Olam Agri raises Namoi takeover offer to 75 cents a share and receives shareholder backing

Mako sniffs gold at 170 g/t at Cote d’Ivoire's Napié play

Utah authorities sign off on Anson's lithium extraction plans at Green River

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Drilling Commences at Hylea Cobalt Project, page-59

Top Stories

Antipa divests its Citadel interest to JV partner Rio for A$17M, refocuses on Minyari Dome

Vulcan appoints investment bank and M&A veteran to board

Medallion Metals kicking off 15,000m drill run at Ravensthorpe gold play

Enova Mining unveils "high-grade" REE drill hits at Coda North, Brazil

Week 37 Wrap: HotCopper likes Cuban oil; markets shrug debate off for Putin; firebrand quant says social media a market threat

Dale Gillham's weekly wrap: US fracking support boosts outlook for Australian gas stocks

Metals Australia kicking off plant study at Lac Carheil; Canadian tariff tailwind potential

Olam Agri raises Namoi takeover offer to 75 cents a share and receives shareholder backing

Mako sniffs gold at 170 g/t at Cote d’Ivoire's Napié play

Utah authorities sign off on Anson's lithium extraction plans at Green River

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News