HAW 1.43% 7.1¢ hawthorn resources limited

Interesting Take on the Mt Alexander connection however I don't...

  1. 1,263 Posts.
    Interesting Take on the Mt Alexander connection however I don't think is very relevant. The BHP leases are very unlikely to contain any iron ore IMO. HAW leases contain the magnetic anomaly and the BHP/WSA do not. One may then infer that they therefore have different geology and therefore no direct comparison or inference can be made. Nearology only means anything when "being next door" means having "same geology" IMO. Apples and Apples not Apples and Beetroot.

    A more relevant and interesting point, IMO, is that one MR Tony Sage has leases next door to both HAW and JMS through his company International Petroleum (was International Goldfields). The IPO leases next to HAW have little to no chance of finding any FE but they do contain up to some 8km of strike between Mt Ida and Mt Mason.

    Also, on another note, while HAW may have some projects that look pretty good, that sentiment does NOT automatically extend to management.

    I don't hold but thought I would throw it out there for those that do.
 
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