HVY 7.35% 7.3¢ heavy minerals limited

Ann: Red Hill Exceptional Assay Results and Exploration Target, page-26

  1. 871 Posts.
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    I reached out and contacted Adam Schofield in april. I think I already posted here but pretty much the whole time line was delayed due to issues with the lab who was doing the assaying. This has obviously pushed back the time line on everything on this list. Was informed that things would be back on track in the next few months (from april). So hopefully we hear something soon. I guess it could be argued that we are only 2 weeks overdue given its only 2 weeks from May.

    Low volume June tax selling really hurting the price though.

    Dilution was always going to be an issue here, its a speccy explorer so don't think that is particularly shocking.

    With only 38 mil shares on the market its actually kind of an issue how illiquid this stock is so dilution aside ill welcome a few more shares on market to help reduce the huge daily swings on next to no volume.
 
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