Some interest in Heron coming off the double bottom with the 2008 lows
After talking to Ian (director) I feel the company is being MASSIVELY undervalued by the market
The market thinks the company is going to blow the cash on the Nickel projects and Ian confirmed to me that is NOT the case
He believes given a higher nickel price the Nickel projects one day will be worth a lot but until then they are on C&M
Most expenditure will be on the gold and copper projects and with $42M in the bank cash burn is very low
Cash and A1 worth about 20 cents a share alone (current assets)
Feel free to give Ian a call....very easy to talk to!
Some interest in Heron coming off the double bottom with the...
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