HMX 2.70% 3.6¢ hammer metals limited

I dunno what is going on here and it's been quite a painful few...

  1. 42,628 Posts.
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    I dunno what is going on here and it's been quite a painful few months of holding then bang, this happens! Those shallow depth of good copper grades are attracting attention today, is this over the top price spike or the start of a new rerating?

    Somewhere in the middle lies the 'truth', it was always been a bet on management with a proven track record and I was initially attracted to the North Orelia the Qld prospect I thought just for backup prospectivity. 1.7% Cu within the 1% with a decent thickness and the open pit potential is I suspect what is driving the euphoria. We will find out when the daytraders and social media ramping move on if there is truly a discovery.
 
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3.8¢ 20000 1
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Last trade - 15.33pm 16/08/2024 (20 minute delay) ?
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