HRR 0.00% 4.5¢ heron resources limited

Inventory levels are at all time highs on LSE. Think we are more...

  1. 1,571 Posts.
    Inventory levels are at all time highs on LSE. Think we are more likely to see a dip in short term and hopefully if the global recovery starts then we may see these inventories being used and then price movement upwards.

    Must admit i am still concerned that HRR are going to be spending 18m on the A1 mine over the next 2 years with only then making a decision to mine. Just think it is the wrong move. Just look at Goldstar - Orion and how long MCO have taken to get anywhere near production!! Just wish the company would revisit this decision to spend any money on A1 as it could be a shocking decision for all shareholders. They should spend time with Andrew King the former CEO of Goldstar and the Garlings etc from MCO to get a real feel for Eastern Victoria gold mining. Very different to WA!!!
 
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