HMX 10.3% 3.5¢ hammer metals limited

Ann: Mount Isa East JV Update, page-116

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  1. 7,379 Posts.
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    I did not like the language in recent update:

    The team is also
    encouraged by the copper mineralisation observed at the Lady Rose and
    Kings/Charlotte prospects. Whilst assays are awaited, follow up programs for both
    prospects are also being considered.”

    This seems like not too sure they will even pursue it and signs are not great, market clearly isn't excited here and with results due so by now the leak would be on if it was positive. Indicators and the chart breaking down are not good here. I will hold but concerned this whilst not being a complete bust won't really do much.
 
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