Surprised to see this pop up in todays most discussed stocks, a little hype goes a long way. Unfortunately HAZ are still dependent on multiple sources for feedstock and unlikely to change anytime soon. Plans to vertically integrate are great in theory but Mt Mulgine is still being drilled and although Big Hill is dropped in the presentations the feasibility study was shelved years ago and at the time needed well over 100M for development. Tungsten is a great play but anytime W prices soften for an extended period margins will be under pressure. They need to break the debt/production cycle and really should take this opportunity to raise significant capital to continue production and acquire 100% of the project.
HAZ Price at posting:
3.7¢ Sentiment: None Disclosure: Not Held
