HCY halcyon group ltd

Fair comments sandy. I'm not saying for one minute that the...

  1. 75,530 Posts.
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    Fair comments sandy.

    I'm not saying for one minute that the results will propel the sp to great heights. However, I do feel that the Company deserves greater recognition for it's tenement locations being among very successful gold and nickel mines.

    At 5c the market cap would only be around $16m which is well below some of the other "hopefulls".

    I do agree that the Company needs greater promotion and that the market needs to be more frequently advised of what is going on. I consider that a professional pr firm would be of benefit in this regard. Many companies use them as you are well aware.

    Their apparent lack of priority in ensuring that they move to the mining board post haste,( NOT OVERNIGHT, BUT IT WILL HAPPEN ! ) is frustrating.

    As far as Rob Gardiner is concerned, He identified this ground a long time ago and paid a good amount out of his own pocket for it. I'm backing his well experienced judgement.

    Hopefully,his coming week should give us all a better idea of the future direction of the Company.

    Looking speculatively to the future, I would expect Placer Dome to become more involved in drilling assistance because they have a vested interest in making a major find. From memory, anything over 500,000 oz is theirs to the tune of 70%. Anything under is HCY's 100% and I know Placer need another major project such as "Paddington". (located just to the south of Bardoc)

    The aspect of nickel prospectivity is expected to be an onging issue for the months ahead.




 
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Currently unlisted public company.

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