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clock Created with Sketch. 20/07/22
11:53
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Originally posted by NavyGulf:
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I swore I wasn't going to post on HC again because of so many negative posts that were not constructive and were only serving to create doubt in peoples minds. I am still holding, getting very impatient but with a market cap of only $37/38 million its a hard call deciding whether to stick it out of cut our losses. I never thought I would be close to even with this stock, but like they say when people are selling for no reason, its time to buy. Unfortunately I bought more stock at the 8 cents level which caused my average to increase to around 2 cents. I know many bought in for the first time at 8 cents but goes to show we really need to keep an eye on the quarterly report and their cash in bank / forecast expenditure in the next quarter. I was warned by GT55 about the July 2021 quarterly but I didn't listen because I felt the news of the MR approval was enough to keep the price between 6 - 8 cents. GT55 was 100% with WWI but when he saw that quarterly he quickly exited the stock knowing they needed to raise funds urgently because basically they had run out of money. I wish I had listened to him. Never did I think for a minute the price would get down to 2 cents and the possibility it will go lower as more funds are raised under the current finance facility.
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Appreciate your candour, Navy. I'm sitting on an average of 5.9c myself so this has been a terrible ride for me. Gonna ride it out and hope I don't regret it. Really would like some substantial, positive news.
