HCY halcyon group ltd

rakia----berserk stocks ????!!!!!

  1. 75,530 Posts.
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    rakia. I would expect this one to show some serious improvement about half way through the current drilling program(12 holes +em's), 2 days per hole, starting last Thursday---ie approx Monday week????(based on drilling over the weekends. Therefore maybe around 20th onward should see some interest. Nickel targets,according to my info have been researched as well as any ever undertaken. They are in, from what I have heard indirectly from a prof of geophysics (and other well credentialed comentators), one of the most prospective ni belts in Australia ! Among other mines.
    To state the obvious, they are still to discover ni, however, they are very cheap and with the ground they have at Bardoc, appear to be seriously undercapitalised at only $6m. Everyone still has high expectations that in addition to ni, they could end up with another "Paddington" gold mine with Placer Dome's drilling assistance ! The geo (ceo) in charge worked extensively on "Paddo" and others(his c/v was released to the market recently).
    Anyway, I am on board for the short or the long haul.
    Good researching
 
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