HAW 0.00% 6.0¢ hawthorn resources limited

True Nozza, but you refer to an iron ore company, Radar Iron....

  1. 117 Posts.
    True Nozza, but you refer to an iron ore company, Radar Iron. Currently with a low demand from China, prices are deflated with respect to this mineral. The capital injection was $3 million.

    This current investment from the Chinese government in HAW is for a much larger $ amount, and current drilling prospects are looking promising. IMO, the increasing shifts in world monetary policy, will see Gold restored to its former position as world currency, possibly in the not too distant future. Perhaps we just need to sit and wait for the current HAW company movements (i.e investment,drilling and LCY) to play out.

    Any investor must always remember that there is nothing certain, except death and taxes.

 
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