HDR hardman resources limited

exploration potential, page-4

  1. 6,389 Posts.
    hardmano:

    What I also find interesting is the "ignornace" of many in the "professional" (what a joke) investment community towards HDR.

    Just did a brief look through of the latest P.I. magazine at the news agents and I could only find one rec on HDR. If I remember correctly, I have seen very few of these types mentioning HDR as one of thier favourite shares.

    Which leads me to believe that if and when there is good news from HDR/APL/DNX.L about the properties or additional finds, it WILL finally get some real notice and the share price will zoom up.

    The only things I am worried about are:

    1. Equity offering (short term negative) that may put some pressure on the price and dilute my holdings. Dislike those things and all are usually bad for exisiting holders.

    2. Sovereign Risk - always a problem, but so far not much happening

    3. A Takeover - mixed feelings on that one. The short term trader in me would like to see as much as possible as soon as possible, but I know that in the long run HDR will get to $5 and even higher depending upon additional exploration success. I would really like to see a high share price and have current shareholders reap the rewards rather than some other company. It would also mean looking for another diamond to replace HDR in the portfolio which would be difficult.

    I guess more patience is needed and hope that we hear more good news which will help increase the share price.
 
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