So true. This is particularly bitter sweet for me, had been holding HRR a couple of years and experienced the debacle of poor management finally destroy a great asset. Also had a good holding in VXR which now has a new management team and recapitalised and rebranded into DVP who have ended up with the asset. DVP have already more than made up for the losses on HRR. DVP have probably the best mining team in Australia and will have Woodlawn churning a nice return. HRR have at least provided a nice and needed tax loss.
HRR Price at posting:
4.5¢ Sentiment: None Disclosure: Held