HRR 1.69% 5.8¢ heron resources limited

Ann: Heron commences drilling program at Currawang, page-7

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  1. 2,194 Posts.
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    Unless Woodlawn is a raging success and the old open pit has a few new VMS pods for a new ore source I couldnt see HRR's market cap going above 250 mil.

    If you were in at a higher level it looks like you may get some investment back from here but still be claiming a capital loss. Wouldnt think HRR could get back above 20c with so many shares on issue.

    Should see a fairly heafty pump from the directors and capital raising stooges to line their pockets, thats why Im averaging down at these levels. Its a therory anyway. 12c/15c seems possible after the potential big pumpo.

    71c4
 
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Currently unlisted public company.

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