HAW 0.00% 5.3¢ hawthorn resources limited

re: Ann: December 2013 - Quarterly Activities... Enjoyed reading...

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  1. 251 Posts.
    re: Ann: December 2013 - Quarterly Activities... Enjoyed reading that, fairly optimistic for the upcoming year with healthy cash and Deep South looking very feasible.

    Gold price needs to come back though to make projects more attractive and its anyone's guess where that is headed. Maybe there could be more demand with people leaving the stock markets and looking elsewhere. Precious metals are extremely volatile at the moment.

    Exchange rate has dropped which could make Mt Bevan more attractive for the snail like operators at the Indian Iron Ore headquarters with their holy grail of 200 mill LOC. (or was that B.S). When you take a step back there are better stocks out there with bigger projects that are actually being proactive...SDL comes to mind...but JV have agreed on a budget for this year so you never know. If there's more stagnation I will sell up though.

    Anyone else like the Quarter?

 
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