Price and Chart HIO, page-6632

That's the double edged sword of Regal, if they like the story they can sit on the register and support the stock on dips for years, appears regal has been buying since the last substantial notice? and they do own ALL the stock issued at 7.7 cents this year (ie: No loose stock around)!!!. I do believe Regal is fairly sophisticated around the resource space & iron ore in particular, of course they are also capable of brutally dumping if the story changes.

The story remains the iron ore majors need to be seen to be green, and having magnetite in their portfolios is an obvious way to be addressing investors needs. HIO in a great spot to get snapped up, whenever that is