Certainly looks like a case of a bit of a leaky ship, but although these drill holes do have a bit of an infill flavour about them, with Canbellago not drilled out properly along strike or at depth at all, previous drilling looks a bit desultory and the previous resource estimate will be found to be wildly out of date and understating possibly grades and tonnes. Cabarello was interesting but not as interesting as Canbellago. Will be a slog to get this rerating though as HLX's past leisurely exploration process would have left a lot of very stale tired holders who will need to be cleared out, plus fact that any successful copper explorer is still having a tough time getting traction at the moment.
HLX Price at posting:
0.8¢ Sentiment: Hold Disclosure: Held
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