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18/09/09
20:03
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I have reviewed Hudson Resources Limited's (HRS) tenements.
South-East Queensland
5 granted
1 application
Eastern New South Wales
8 granted
3 application
Pros:
- Close to road and rail infrastructure.
- Most of the tenements are granted.
Cons:
- Small and scattered tenements
- Not in bauxite producing areas
- Highly speculative
In my opinion these are junk tenements.
If you want to invest, by all means; however, it would be very foolish to sell BAU to buy into this.
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