A mining-friendly jurisdiction, page-6

Not sure if anyone noticed the rather large bid that we left on the close last Friday for circa 950,000 shares at 65c a fat finger or something more? I think they only got filled circa 50,000 in the match.

Technically HFR is looking very interesting as it's had a couple of attempts at the 200 day MA over the last week, with the short and medium term MA lines now converging to turn positive once more, this is usually a strong signal that leads to a push through and beyond the 200 day MA. Iam very encouraged by the fact that the MACD is trending positively above the 0 control line once more, this is a good signal of positive momentum remaining in the stock. I get the feeling that we are only a couple of days away at most in seeing the 200 day MA taken out at $0.655, which would then open the door for a move back into the high $0.70's - $0.80 range in the short term.

Will it be either large buy side interest, as we witnessed in the match last Friday, making a move or significant news flow will be the catalyst here?


On another note, some interesting press in the AFR yesterday in regards to BHP's Janesn project. Whilst the CAPEX required to bring Jansen online at $5bil is nothing short of staggering, the 100+year mine life is in a league of its own.