Why this could be your last chance to buy HIO under 5 cents, page-72

@treefeller - to respond to your questions

• Re iron ore % in recently drill results in shallow area - I don't have time to research to provide specifics, but my recollection is that the results were at or above their target percentage
• Re investing if I didn't hold - whilst a hypothetical perhaps my best response is to say that I have topped up at around current price levels as I believe the risk v reward to be positive.
• Whilst your posts tend to always be highlighting the negatives, it seems that you have gone from not holding to holding again. Therefore, I assume that at your target price of 3.4 cents (sorry if that number is wrong) you saw there was good risk reward to buy some and perhaps seem disappointed that your order was not completely filled at that price (if I recall your post correctly). Therefore, we seem to agree that at around the current prices HIO represents good risk reward, particularly with news expected in coming weeks / by end of March.

For those looking to time a buy, my forwarding looking indicator for HIO was always been buy and sell depth. I have been watching the number of sell offers at or under 5.0 cents fall and was 624,871 at the time of writing. The total number of sell offers has also been a very good indicator of price direction with the price increasing most time the total number of sell offers falls under 2,000,000 and was 2,789,665 at the time of writing.