HIO has had a couple of good announcements , ie: very promising shallow intersects and a decision to resume the project. There is news flow coming, more drilling results & a detailed investor presentation (yep two weeks overdue). Then we have Regal basically out (13 million shares to go after yesterdays small sales).
Technicals remain catasthrophic , resistance is layered from 3.7 to 5.7. HIO either blows that 3.7 to 5.7 zone away , or else it doesn't
Ann: Strategic Review Update, page-110
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