HGO - Chart, page-41

Most Copper miners and explorers are showing share price weakness at the moment reflecting the current weakness in the copper price .

The longer term price of copper looks very good because the large increase of supply that is forecast to be needed but the weak economies of most countries and the fear of recessions are weighing on the current price .

At current prices the project still looks profitable but they should not go too hard on drilling until revenue starts because there is potential unknowns in costs and delays until production actually starts .

I don't know about shorters .
I can think of other copper businesses that would be much less dangerous to short than HGO .
This could rerate very quickly if all falls into place and the copper price cooperates .

I am happy that despite the significant dilution , that management did not go down the path of debt to get the money to start production again .