HLX 0.00% 0.3¢ helix resources limited

HLX - the next 5 bagger cobalt/nickel play?, page-488

  1. 6,130 Posts.
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    Thanks @La Tache for your efforts in replying.
    Understand your sentiments, completely as many others do!

    Agree in most, if not all of your analysis.
    Momentum, communication, energy, following through, promotion are equally important with any
    stock whether it be BHP or Helix.
    It is easy to become tired and complacent, particularly if you have been " in the field a long time ".

    Business 101 " momentum, communication, energy, following through, promotion ".

    Far better to raise at triple the present 2 c price by tripling the the above metrics!?
    The equation, by spending the present $10 million MC, for example and tripling the drilling
    for instance to the Collerina satellites, Collerina main  and potentially the gold at Cobar you are NOT losing
    any value if you continue to add value.
    An extreme example, but considering the present rate many of the top long standing share holders
    will be distributing any potential success to their heirs!

    One part of your analysis regarding JORC @La Tache not so sure about.
    If there are any posters who have some knowledge of resource estimation we am sure would appreciate
    your in put if possible.
    My limited understanding is the placing of variables ( and the last report mentioned zinc zonation as
    a metric to plug into the software ) type of rock, type of ore mineralization ( for instance chalcopyrite )
    central and peripheral ore distribution, geological structure, etc, etc, is JORC complient.
    One of the real skills is the tight exploration drilling using DHEM in particular ( and the MD's skill here is
    unquestioned ) which along with the new model(s) should provide the " metrics " to delineate a solid JORC!?
    The recent comment as to the lateral ore distribution away from the " central zone " continuing this from
    surface "
    and this being important to the emerging JORC resource estimation is a " case in point !? ".

    JMO
    GLA

    Cheers
 
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