Hexagon Looks Beyond The Swarm, page-11

I think it is pretty simple, so many other stocks moving higher people don’t want to sit in HXG while it does nothing. Any other stock would have doubled on the Min Res announcement but not HXG. In hindsight I now wish Min Res had just offered 60c a share ($150 mill) and just taken over HXG. I now see this being a very slow grind between now and productions and little to move the price. Once producing then different ball game in terms of valuation but it’s a long way away. Very happy to be proven wrong in time.