HIO has been the subject to an aggressive social media and hype...

HIO has been the subject to an aggressive social media and hype campaign, as well as an independent research report, which created a momentum style price spike

HIO is in the process of updating resource and feasibility studies, with many news catalysts along the way

It is my expectation that HIO will revert to its fundamental valuation post BFS release and that we'll probably see the hype crew dump on BFS and move to the next catalyst rich asset to mesmerise retail with

IRD has met all its milestones in terms of feasibility and Is development ready. The team appears to be less focused on proactiv* interviews and completely focused on getting on with the job.

And totally agree, markets are less efficient the more speculative the investment. There's limited research and insto coverage at this level so finding fair and relative value is much harder to identify and it's much easier to exploit retail

imo patience will be rewarded here