The more things get hyped up before announcement, the less impact the announcement has, even if its good. Best to just sit back and see what happens. Could be more good drill results but if they're not spectacular, the price may drop because people are wrongly expecting some brain busting drill results which isn't going to happen.
The next few announcements we should be expecting are simply positive drill results (ie. similar grade to past results), nothing more.
HCH will "give birth" when it releases its next resource towards the end of the year. Until then, we should hope for a healthy steady climb, not a moon shoot.
Valuing HCH, page-58
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Last
94.5¢ |
Change
-0.025(2.58%) |
Mkt cap ! $143.0M | |||
| Open | High | Low | Value | Volume |
| 97.5¢ | 97.5¢ | 93.5¢ | $119.9K | 125.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3042 | 93.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 96.0¢ | 6531 | 2 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| HCH (ASX) Chart |