Can’t see any reason for these next results not to be on track...

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unlucky_bacs

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31/07/18

23:28

Post #: 34659002
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Originally posted by oznt ↑

Results are encouraging however we need the rest of the drill results due anytime.

The Cobalt numbers are very good and in places exceptionally high compared to another company I am invested in, where they will be mining with 0.06% grades. HCO is seeing double and triple grades and there was a 10 fold increase on the grade with a 0.60%

Plus they are seeing some nice thicknesses 8m-19m. Unlike another different company (2) that I hold that has 1-4m thicknesses and not looking very exciting.

The nickel numbers look good and feasible. Anything around 0.4 - 0.8% is good and anything above is great.

The scandium and platinum will add to the value.

Need to see the final drill assays to see if we have consistencies with grades and volumes.

When we see the results we will in turn see the follow up drill program and will be looking at timetables accordingly for the company to achieve its Maiden Jorc.

Company has enough cash for another quarter, and possibly a 2nd quarter, depending on the following quarters activities and spending. Then we will see a CR hopefully with the SP higher from the results we are due any day now and the follow up drilling this quarter.

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Can’t see any reason for these next results not to be on track as the others have shown. If so I’m hoping we actually go up for a change! Been frustrating but these next ones is the key. Let’s hope for our sakes it’s good results.

HCO Price at posting: 0.6¢ Sentiment: Hold Disclosure: Held
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Can’t see any reason for these next results not to be on track...

Top Stories

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Ragnar reports strong uranium and vanadium from three new Swedish plays

Zeotech wins QLD gov't funding for metakaolin PFS & FEED study

Aurora Energy to sell namesake project for US$26M in buyer's shares