HMX 11.4% 3.9¢ hammer metals limited

Good to see Mike Anderson at the helm of another company. Lets...

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  1. 233 Posts.
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    Good to see Mike Anderson at the helm of another company. Lets see if he can score the trifecta and sink another company.

    Personally, I don't think another set of eyes on this will deliver any return to shareholders. Shaking up the geo team would be counter productive. The Hammer team needs to pull together, retain any knowledge they have and have everyone marching to the beat of the same drum, and on the same page.

    The only thing they could do would be to engage an "expert" to do a tenement wide review of the current data, pull it together and come up with an "X" so to speak. "Experts" are never cheap. Greg Corbett charges ~$4k a day if memory serves. And they rarely ever put their gentleman sausage on the block and give a definitive "X". I know that the hammer team has engaged a fairly well known geology/geophysics mob in WA to look at the QLD stuff and see if there is anything further to be gleaned, or further geophysical work to be done.

    As has been the case with hammer, this is a waiting game. The market will eventually wake up and smell what's cooking, hammer will drill a bonanza hole, or this will all just fizzle out. Either way, the only thing we can do is hope, pray and hodl. If you're in doubt, get out at a price that's acceptable to you. For me, i'm going to see this out to its finale.


 
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