HLX 20.0% 0.4¢ helix resources limited

Ann: NSW Project Update, page-39

  1. 524 Posts.
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    To invest or not invest?
    I originally invested in HLX several years ago on the promise of their projects. Collerina looked like a mine in the making and good gold grades in the Cobar Gold Project. Since then
    + the share price has lost 80%.
    + company is lethargic and painfully slow to deliver results
    + company ignored Cobar Gold Project for years and has been dragged kicking and screaming to look at it again
    + company appears to lack the competence to even scope Collerina?
    Do I ignore these sins and go with the prospectivity of the ground?
    Has the company been doing any media or announcements during the raising period?
    If yes please advise where.
    If no then it is a black mark that they cannot be bothered to promote the company when trying to raise money.
    GLTAH
 
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