Subject: HCY(O)----------------HOLD ON !The West Australian news...

Subject: HCY(O)----------------HOLD ON !
The West Australian news paper yesterday carried a brief article in relation to the Companys anticipated nickel and gold drilling results.
The Directors will now be back in town from China, North America and Sydney on Monday after having done a good job with their other main interest, Adamus (ADU)!
I will reiterate the way I see events unfolding( not necessarily in this order).
I expect announcement(s) next week and subsequently, in relation to
1) Very good gold results (overdue--due to delay in recieving assays from overloaded Kalgoorlie office)
2) Possible acquisition of further tenements
3) Sale of Perth IX subsidiary
4) The transfer then to the Mining Board
The team is Very experienced and positive, both in the office and in the field and this gives added confidence ( witness the progress of Adamus)
I wouln't expect them to make a big noise at the moment about their NICKEL find until they have tied up agreements for further tenements
Keep your eye on the stock, it has a long way to go, well into next year will an enormous 6 month drilling program over the prime targets within it's 50 sq km area 45 km north of Kalgoorlie !