Welcome to the casino that is HC and the ASX. Not ready to jump on the gravy train just yet, high grade intersections are one thing, extracting them at a profit is another, the gold seems a long way down ( ~200m ) don't you think? On the subject of cash, CR on the way according to their response to the last Appendix 5B Query, forecast expenditure for this quarter was supposed to be over $1mill and cash on hand at the end of last quarter was something like $550k, running on fumes I expect.
Less risk elsewhere atm & IMO.
VAN Price at posting:
22.0¢ Sentiment: None Disclosure: Not Held
Not ready to jump on the gravy train just yet, high grade intersections are one thing, extracting them at a profit is another, the gold seems a long way down ( ~200m ) don't you think? On the subject of cash, CR on the way according to their response to the last Appendix 5B Query, forecast expenditure for this quarter was supposed to be over $1mill and cash on hand at the end of last quarter was something like $550k, running on fumes I expect.
