HDR hardman resources limited

re: strong close expected ?? ( lukie 1 ) why is Hardman a little...

  1. 193 Posts.
    re: strong close expected ?? ( lukie 1 ) why is Hardman a little weaker today - well a 5% rise over the last week or so - news delayed means a lot of punters have bailed out and reviewing. We all know Hardman is now so liquid because of day traders. We all expected news yesterday - and then today (and were warned by P90 not to expect too much today).

    Merou is the key - and it would be very very hard and foolish to be short a major explorer ahead of such a well - unless there was inside information availablke that was leaking. P90 is the most reliable source we havce seen on HC - and P90 is neutral

    If you are not a supporter of the stock - there is no reason to be long ahead of the Merou announcement - you might be lighter as the delay has been unsettling - but if you are a supporter of the stock, its a risk that has to be taken - as this could be a major jump forward.
 
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