Excellent results today, up 27% on big volume. Only a few posts on HC compared to some companies which attract huge interest for hardly any price movement. People have been buying with their ears pinned back.
Initial drilling at one target has started with an announcement of a visual inspection of cores exceeding expectations. Announcement out today on drilling update from Balatindi.
They have a strategic alliance with Perseus, the third largest gold company by market cap on the Australian market.
One company representative of Perseus said of earlier cores, it was some of the best cores he has ever seen.
Current market cap of 40 million dollars, 1 million ounces of gold, with resource open in two directions and also at depth.
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