HRR heron resources limited

apologies stix1771

  1. 5,851 Posts.
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    Stix1771,

    Apologies.I had seen your post to Rockford and myself and thought that i had replied.

    As far as i am aware the KNP was to be modelled on Cawse (which although a pilot pant has been reliable and successful for many years.
    I would think that with any advanced technologies etc, experienced by Inco (Vale/Inco)over many years,one would think that a more definite method will be revealed further in time.
    Many months ago it was thought that Inco wouldn't meet the Step 3 deadline but it appears that they have become much more serious and have made up plenty of lost ground.

    No point in covering old ground but those two super giants are not on the share register just to make up the numbers.
    We are very likely to see some news on Atmospheric/BHP very soon and the outcome of litigation over Bulong tenements is probably more important than some think.

    At current price, a great opportunity exists to average down as you well know. I have continued to buy simply because of the tremendous upside potential although I have some doubts that Heron will ever get to own 40% of a producing KNP, but that might not be such a let down!!

    I agree with you that Jump up Dam was always a bonus and with Heron's gigantic resources, we will get to see more bonuses in the future.

    I will make a point of looking out for your posts stix.

    Good luck!!




 
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