HAW 6.90% 6.2¢ hawthorn resources limited

summary, page-45

  1. 461 Posts.
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    Renes

    Surely for this type of penny stock, when one buy into it, you got to have some patience and take a bit more calculated risk. Especially when you see the very preliminary drilling shows potential iron ore deposit, and patience for LCY(JV partner) to complete their drilling by early this year...what do these SP holder expect, to complete the drilling within a few days?

    Notwithstanding the perception of current HAW management, As you pointed out in one of your post, these penny stock, if it starts to heat up, the SP will go up very fast, because of its low market capitalisation base, relative to the true value of the iron ore in ground IF found to be as huge as its neighbour Jupiter Mines.

    Either way, doesn't border me, if it goes up I am happy, if it goes down, I will buy more on the "cheaper" than cheap prices.








 
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