The true value of a company, page-5

Chaya..i'm heavily invested and have a target of 65c. I have been in small miners for years and tbh not remotely bothered by lack of news. On the one hand investors scream out for updates of any importance (these are usually traders looking to create the volatility they so crave) and this leads typically to management caving in and talking about stuff which personally I think is too early to be putting in public domain. This in turn creates expected time frames which in my experience are ridiculous when put against the normal commercial reality of how long it normally takes to sign proper meaningful deals (especially in new emerging markets like graphite , RE etc).

HXG is a classic case in point. A while back everyone was complaining about the cash burn but then also talking about not wanting to be diluted. HXG cut back to the bare bones and then people are frustrated when 1 man hasn't achieved what some companies have 10 staff members working on.

All I can tell you is that A LOT has been going on behind the scenes and if you believe HXG has a resource of real value then rest assured that that value will be unlocked completely one day and the returns versus the risk will play out accordingly.