ann out- 32cps placement, page-41

I'll be honest, I took a little off the table today @44c just because I have a trading holding in amongst most of my longer term holdings. It was frustrating to see the buying volume drop away in the afternoon after the insatiable rise on Friday. Tomorrow is another day, yes, but I'm also conscious that the instos who gave this a bit of a pump on Friday have a great deal of control over the stock because of the low liquidity.

Those above thoughts are on a technical basis and is just my trading mind thinking out aloud, but fundamentally this remains a red-hot buy for the next 12 months.

The ASX Guru wrote up a nice little summary for HDG. This guy is normally on the ball, and you know a stock is a goodun when he speculates it could fetch you 10 bags full :)

http://asxguru.com.au/2011/04/hodges-resources-limited-hdg-coal-in-botswana/