HCY halcyon group ltd

halcyon days !

  1. 75,510 Posts.
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    As stated before: No capital raising required. Co. expects options to be exercised on (or before) 31/3 as these are 3c exercisable (rather than typically 20c).That will raise $1.7m for normal on going operations. MRE(Minara)funding current nickel program up to $2.7m with about $400,000 during em and drilling program throughout Feb/Mar.
    Expect the unexpected re expanded prospectivity and gold exploration soon.
    I feel they have a "sniff" of what they are looking for (hence the 117m shares traded one one day recently) and are obviously conducting serious follow up investigative work on one particular conductor at the moment. Much further latest tech. em being undertaken over next weeks according to co. release, hoping to reveal further drilling targets over and above the 9 already identified.
    Drilling will be round the clock for nickel and don't forget any gold found is (currently) 100% hcy's. I firmly believe gold will have a bumpy but steady growth before reaching it's zenith and this should occur as the US$ falls and demand increases (particularly in Asia).
    Interesting months ahead during which I expect the Co. to be significantly recapitalised. Don't worry about the nervous nellies that are afraid to hold. What can I say? Fortune favours the brave! Huuuuuuuuuuuuuuge upside from where it is right now.
    Never fear Halcyon days ahead--------very soon !
 
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