not good news for heron holders, page-17

2ic,

Thanks for your detailed post.
To a certain extent i can see your point but i still firmly believe that whilst most loyal shareholders would be disappointed with todays announcement they more than likely would much rather go down a different path with less risk, if that is the decision of the Heron board.

Perhaps the timing should have been somewhat different but i guess i look at it differently in light of the fact that the founder and major shareholder doesn't sell any of his holding. That certainly gives me confidence.

Your point re any share price increase being mainly attributed to the JuD project is probably correct when news is released, however, i haven't seen Heron's share price hit an all time high of $1.90 as a result of anything to do with Jump up Dam but that is what happened when the Inco/HRR announcement was made.
Jump up Dam has only been in project form for 18 months.

By the way, correct me if i am wrong but HRR closed yesterday at 92.5 cents before the announcement and closed today at .88 cents after its announcement.

If you are still holding GME then i wish you all the best of luck.

Cheers.